NN Inc
NNBR
53 hedge funds and large institutions have $59.1M invested in NN Inc in 2023 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 18 increasing their positions, 13 reducing their positions, and 7 closing their positions.
95% more capital invested
Capital invested by funds: $30.3M → $59.1M (+$28.8M)
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
38% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 13
13% more funds holding
Funds holding: 47 → 53 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10.44% less ownership
Funds ownership: 64.57% → 54.13% (-10%)
97% less call options, than puts
Call options by funds: $6K | Put options by funds: $187K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPM
Corre Partners Management
New York
|
+$1.64M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$797K |
| 3 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$185K |
| 4 |
CA
Clearstead Advisors
Cleveland,
Ohio
|
+$151K |
| 5 |
First Manhattan
New York
|
+$151K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$2.26M |
| 2 |
RA
Royce & Associates
New York
|
-$1.54M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$899K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$757K |
| 5 |
GJL
Gendell Jeffrey L
|
-$526K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
BNP Paribas Financial Markets
Paris,
France
| $851 | – | – | – |
|
52
JP Morgan Chase
New York
| $292 | – | – | – |
|
|
IA
53
IFP Advisors
Tampa,
Florida
| $239 | +$151 | +100 | New |
|
|
PCMI
54
Paradigm Capital Management Inc
Albany,
New York
| – | -$2.26M | -2,112,900 | Closed |
|
|
RA
55
Royce & Associates
New York
| – | -$1.54M | -1,439,308 | Closed |
|
|
56
Allspring Global Investments
Charlotte,
North Carolina
| – | -$899K | -839,933 | Closed |
|
|
GJL
57
Gendell Jeffrey L
| – | -$526K | -491,839 | Closed |
|
|
VF
58
Virtu Financial
New York
| – | -$25K | -23,344 | Closed |
|
|
E
59
Ergoteles
New York
| – | -$18.1K | -16,889 | Closed |
|
NNBR Hedge Fund Activity: Q2 2023 in Review
53 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in NN Inc (NNBR) for Q2 2023, worth a combined $59.1M — up 95% from $30.3M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new NNBR positions and 7 closed out — a net gain of 6 holders — while 18 added to existing stakes and 13 trimmed.
The largest buyer was Corre Partners Management, adding an estimated $1.64M. The largest seller was Paradigm Capital Management Inc, exiting entirely with an estimated $2.26M sold.
- 53 institutional investors held NN Inc (NNBR) as of Q2 2023, up from 47 in Q1 2023.
- Funds reported $59.1M of NN Inc stock for Q2 2023, up 95% quarter-over-quarter.
- 13 funds opened new NN Inc positions in Q2 2023 and 7 closed out, a net change of +6 holders.
- The largest NN Inc buyer in Q2 2023 was Corre Partners Management, an estimated $1.64M added.
- The largest NN Inc seller in Q2 2023 was Paradigm Capital Management Inc, an estimated $2.26M sold.
Based on aggregated 13F filings for Q2 2023.