NN Inc
NNBR
100 hedge funds and large institutions have $285M invested in NN Inc in 2018 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 49 increasing their positions, 23 reducing their positions, and 30 closing their positions.
113% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 23
6.81% more ownership
Funds ownership: 94.07% → 100.88% (+6.8%)
12% less funds holding
Funds holding: 114 → 100 (-14)
43% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 30
54% less capital invested
Capital invested by funds: $625M → $285M (-$339M)
91% less call options, than puts
Call options by funds: $221K | Put options by funds: $2.36M
Top Buyers
| 1 |
PMG
Private Management Group
Irvine,
California
|
+$18.7M |
| 2 |
LPAM
Legion Partners Asset Management
Los Angeles,
California
|
+$10.9M |
| 3 |
BlackRock
New York
|
+$10.2M |
| 4 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$8.91M |
| 5 |
RA
Royce & Associates
New York
|
+$5.66M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NSIM
126
North Star Investment Management
Chicago,
Illinois
| – | -$4K | -235 | Closed |
|
|
NCM
127
Nelson Capital Management
Menlo Park,
California
| – | -$3K | -166 | Closed |
|
|
WSTAM
128
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| – | -$1K | -51 | Closed |
|
129
Simplex Trading
Chicago,
Illinois
| – | +$106 | +11 | New |
|
NNBR Hedge Fund Activity: Q4 2018 in Review
100 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in NN Inc (NNBR) for Q4 2018, worth a combined $285M — down 54% from $625M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of NNBR and 17 opened new positions — a net loss of 13 holders — while 23 trimmed existing stakes and 49 added.
The largest buyer was Private Management Group, adding an estimated $18.7M. The largest seller was Nuveen, exiting entirely with an estimated $17.5M sold.
- 100 institutional investors held NN Inc (NNBR) as of Q4 2018, down from 114 in Q3 2018.
- Funds reported $285M of NN Inc stock for Q4 2018, down 54% quarter-over-quarter.
- 17 funds opened new NN Inc positions in Q4 2018 and 30 closed out, a net change of -13 holders.
- The largest NN Inc buyer in Q4 2018 was Private Management Group, an estimated $18.7M added.
- The largest NN Inc seller in Q4 2018 was Nuveen, an estimated $17.5M sold.
Based on aggregated 13F filings for Q4 2018.