NN Inc
NNBR
70 hedge funds and large institutions have $101M invested in NN Inc in 2024 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 29 increasing their positions, 14 reducing their positions, and 24 closing their positions.
107% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 14
4.39% more ownership
Funds ownership: 62.9% → 67.28% (+4.4%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
7% less funds holding
Funds holding: 75 → 70 (-5)
21% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 24
31% less capital invested
Capital invested by funds: $146M → $101M (-$45.5M)
45% less call options, than puts
Call options by funds: $118K | Put options by funds: $214K
Top Buyers
| 1 |
BlackRock
New York
|
+$7.3M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$3.15M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.03M |
| 4 |
LPAM
Legion Partners Asset Management
Los Angeles,
California
|
+$1.79M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.6M |
Top Sellers
| 1 |
MMA
Mizuho Markets Americas
New York
|
-$4.27M |
| 2 |
RC
RBF Capital
San Francisco,
California
|
-$2.2M |
| 3 |
Millennium Management
New York
|
-$1.93M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.59M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
-$932K |
NNBR Hedge Fund Activity: Q2 2024 in Review
70 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in NN Inc (NNBR) for Q2 2024, worth a combined $101M — down 31% from $146M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of NNBR and 19 opened new positions — a net loss of 5 holders — while 14 trimmed existing stakes and 29 added.
The largest buyer was BlackRock, adding an estimated $7.3M. The largest seller was Mizuho Markets Americas, exiting entirely with an estimated $4.27M sold.
- 70 institutional investors held NN Inc (NNBR) as of Q2 2024, down from 75 in Q1 2024.
- Funds reported $101M of NN Inc stock for Q2 2024, down 31% quarter-over-quarter.
- 19 funds opened new NN Inc positions in Q2 2024 and 24 closed out, a net change of -5 holders.
- The largest NN Inc buyer in Q2 2024 was BlackRock, an estimated $7.3M added.
- The largest NN Inc seller in Q2 2024 was Mizuho Markets Americas, an estimated $4.27M sold.
Based on aggregated 13F filings for Q2 2024.