NN Inc
NNBR
75 hedge funds and large institutions have $146M invested in NN Inc in 2024 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 20 increasing their positions, 14 reducing their positions, and 8 closing their positions.
225% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 8
87% more call options, than puts
Call options by funds: $491K | Put options by funds: $262K
43% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 14
38% more capital invested
Capital invested by funds: $106M → $146M (+$40.4M)
32% more funds holding
Funds holding: 57 → 75 (+18)
6.93% more ownership
Funds ownership: 55.97% → 62.9% (+6.9%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.48M |
| 2 |
Millennium Management
New York
|
+$2.47M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$1.63M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.38M |
| 5 |
Goldman Sachs
New York
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$509K |
| 2 |
First Manhattan
New York
|
-$459K |
| 3 |
ECM
ExodusPoint Capital Management
New York
|
-$204K |
| 4 |
Two Sigma Investments
New York
|
-$166K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$142K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Victory Capital Management
San Antonio,
Texas
| – | -$140K | -34,938 | Closed |
|
|
VF
77
Virtu Financial
New York
| – | -$104K | -25,909 | Closed |
|
78
Bank of New York Mellon
New York
| – | -$80K | -19,990 | Closed |
|
79
Barclays
London,
United Kingdom
| – | -$68.3K | -17,071 | Closed |
|
|
6CM
80
683 Capital Management
New York
| – | -$64K | -15,993 | Closed |
|
81
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$44.4K | -11,090 | Closed |
|
82
Group One Trading
Chicago,
Illinois
| – | -$983 | -214 | Closed |
|
83
Fidelity Investments
Boston,
Massachusetts
| – | -$24 | -6 | Closed |
|
NNBR Hedge Fund Activity: Q1 2024 in Review
75 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in NN Inc (NNBR) for Q1 2024, worth a combined $146M — up 38% from $106M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new NNBR positions and 8 closed out — a net gain of 18 holders — while 20 added to existing stakes and 14 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.48M. The largest seller was Citadel Advisors, cutting an estimated $509K.
- 75 institutional investors held NN Inc (NNBR) as of Q1 2024, up from 57 in Q4 2023.
- Funds reported $146M of NN Inc stock for Q1 2024, up 38% quarter-over-quarter.
- 26 funds opened new NN Inc positions in Q1 2024 and 8 closed out, a net change of +18 holders.
- The largest NN Inc buyer in Q1 2024 was Morgan Stanley, an estimated $6.48M added.
- The largest NN Inc seller in Q1 2024 was Citadel Advisors, an estimated $509K sold.
Based on aggregated 13F filings for Q1 2024.