N-able
NABL
191 hedge funds and large institutions have $2.33B invested in N-able in 2024 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 67 increasing their positions, 53 reducing their positions, and 18 closing their positions.
117% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 18
26% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 53
12% more funds holding
Funds holding: 171 → 191 (+20)
7% more capital inflows, than outflows
Capital inflows: $102M | Capital outflows: $95.4M
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
0.7% less ownership
Funds ownership: 97.29% → 96.59% (-0.7%)
27% less call options, than puts
Call options by funds: $55K | Put options by funds: $75K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$16.8M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$15.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$10.6M |
| 4 |
SCPM
Sea Cliff Partners Management
San Francisco,
California
|
+$8.49M |
| 5 |
SM
Sunriver Management
Greenwich,
Connecticut
|
+$5.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$52.8M |
| 2 |
HP
Harbourvest Partners
Boston,
Massachusetts
|
-$21.3M |
| 3 |
Granahan Investment Management
Waltham,
Massachusetts
|
-$2.37M |
| 4 |
CPM
Crescent Park Management
East Palo Alto,
California
|
-$2.17M |
| 5 |
Legal & General Group
London,
United Kingdom
|
-$1.5M |
NABL Hedge Fund Activity: Q1 2024 in Review
191 of the 6,963 institutional investors tracked by Wall St. Rank reported a position in N-able (NABL) for Q1 2024, worth a combined $2.33B — down 1.1% from $2.36B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new NABL positions and 18 closed out — a net gain of 21 holders — while 67 added to existing stakes and 53 trimmed.
The largest buyer was Millennium Management, adding an estimated $16.8M. The largest seller was Canada Pension Plan Investment Board, cutting an estimated $52.8M.
- 191 institutional investors held N-able (NABL) as of Q1 2024, up from 171 in Q4 2023.
- Funds reported $2.33B of N-able stock for Q1 2024, down 1.1% quarter-over-quarter.
- 39 funds opened new N-able positions in Q1 2024 and 18 closed out, a net change of +21 holders.
- The largest N-able buyer in Q1 2024 was Millennium Management, an estimated $16.8M added.
- The largest N-able seller in Q1 2024 was Canada Pension Plan Investment Board, an estimated $52.8M sold.
Based on aggregated 13F filings for Q1 2024.