NN Inc
NNBR
104 hedge funds and large institutions have $365M invested in NN Inc in 2016 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 48 increasing their positions, 28 reducing their positions, and 19 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 28
8% less funds holding
Funds holding: 113 → 104 (-9)
12% less capital invested
Capital invested by funds: $413M → $365M (-$48.4M)
42% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 19
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $360K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.16M |
| 2 |
ECP
Elk Creek Partners
Denver,
Colorado
|
+$4.28M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.35M |
| 4 |
PMG
Private Management Group
Irvine,
California
|
+$3.27M |
| 5 |
BNP Paribas Asset Management
Paris,
France
|
+$2.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$19.8M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$8.27M |
| 3 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$6.2M |
| 4 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
-$3.17M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.94M |
NNBR Hedge Fund Activity: Q1 2016 in Review
104 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in NN Inc (NNBR) for Q1 2016, worth a combined $365M — down 12% from $413M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of NNBR and 11 opened new positions — a net loss of 8 holders — while 28 trimmed existing stakes and 48 added.
The largest buyer was Fidelity Investments, adding an estimated $9.16M. The largest seller was TimesSquare Capital Management, exiting entirely with an estimated $19.8M sold.
- 104 institutional investors held NN Inc (NNBR) as of Q1 2016, down from 113 in Q4 2015.
- Funds reported $365M of NN Inc stock for Q1 2016, down 12% quarter-over-quarter.
- 11 funds opened new NN Inc positions in Q1 2016 and 19 closed out, a net change of -8 holders.
- The largest NN Inc buyer in Q1 2016 was Fidelity Investments, an estimated $9.16M added.
- The largest NN Inc seller in Q1 2016 was TimesSquare Capital Management, an estimated $19.8M sold.
Based on aggregated 13F filings for Q1 2016.