NN Inc
NNBR
97 hedge funds and large institutions have $653M invested in NN Inc in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 32 increasing their positions, 33 reducing their positions, and 12 closing their positions.
2.79% more ownership
Funds ownership: 95.83% → 98.62% (+2.8%)
3% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 33
5% less funds holding
Funds holding: 102 → 97 (-5)
11% less capital invested
Capital invested by funds: $729M → $653M (-$76.7M)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
Primecap Management
Pasadena,
California
|
+$11.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$9.68M |
| 3 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$9.61M |
| 4 |
DCM
Daruma Capital Management
New York
|
+$8.83M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$5.48M |
Top Sellers
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$9.24M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$5.88M |
| 3 |
SC
Skylands Capital
Milwaukee,
Wisconsin
|
-$4.33M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$4.21M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$2.84M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.41M | -53,850 | Closed |
|
102
Renaissance Technologies
New York
| – | -$994K | -36,000 | Closed |
|
103
Millennium Management
New York
| – | -$610K | -22,086 | Closed |
|
|
TI
104
Trexquant Investment
Stamford,
Connecticut
| – | -$332K | -12,033 | Closed |
|
105
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
| – | -$309K | -11,200 | Closed |
|
106
Teacher Retirement System of Texas
Austin,
Texas
| – | -$247K | -8,945 | Closed |
|
107
Parallax Volatility Advisers
San Francisco,
California
| – | -$114K | -4,116 | Closed |
|
|
TRCT
108
Tower Research Capital (TRC)
New York
| – | -$32K | -1,148 | Closed |
|
|
PA
109
Parallel Advisors
San Francisco,
California
| – | -$1K | -42 | Closed |
|
NNBR Hedge Fund Activity: Q1 2018 in Review
97 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in NN Inc (NNBR) for Q1 2018, worth a combined $653M — down 11% from $729M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of NNBR and 9 opened new positions — a net loss of 3 holders — while 33 trimmed existing stakes and 32 added.
The largest buyer was Primecap Management, adding an estimated $11.4M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $9.24M sold.
- 97 institutional investors held NN Inc (NNBR) as of Q1 2018, down from 102 in Q4 2017.
- Funds reported $653M of NN Inc stock for Q1 2018, down 11% quarter-over-quarter.
- 9 funds opened new NN Inc positions in Q1 2018 and 12 closed out, a net change of -3 holders.
- The largest NN Inc buyer in Q1 2018 was Primecap Management, an estimated $11.4M added.
- The largest NN Inc seller in Q1 2018 was Lord, Abbett & Co, an estimated $9.24M sold.
Based on aggregated 13F filings for Q1 2018.