NN Inc
NNBR
126 hedge funds and large institutions have $705M invested in NN Inc in 2017 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 49 increasing their positions, 34 reducing their positions, and 6 closing their positions.
350% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 6
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
44% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 34
29% more call options, than puts
Call options by funds: $985K | Put options by funds: $763K
19% more funds holding
Funds holding: 106 → 126 (+20)
3.87% less ownership
Funds ownership: 97.41% → 93.54% (-3.9%)
28% less capital inflows, than outflows
Capital inflows: $60.8M | Capital outflows: $84.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Daruma Capital Management
New York
|
+$7.46M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$5.51M |
| 3 |
Millennium Management
New York
|
+$4.34M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.58M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$18.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.9M |
| 3 |
IAM
Impax Asset Management
Portsmouth,
New Hampshire
|
-$10.6M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$9.64M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
-$5.09M |
NNBR Hedge Fund Activity: Q2 2017 in Review
126 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in NN Inc (NNBR) for Q2 2017, worth a combined $705M — up 5.3% from $670M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new NNBR positions and 6 closed out — a net gain of 21 holders — while 49 added to existing stakes and 34 trimmed.
The largest buyer was Daruma Capital Management, adding an estimated $7.46M. The largest seller was Jennison Associates, cutting an estimated $18.7M.
- 126 institutional investors held NN Inc (NNBR) as of Q2 2017, up from 106 in Q1 2017.
- Funds reported $705M of NN Inc stock for Q2 2017, up 5.3% quarter-over-quarter.
- 27 funds opened new NN Inc positions in Q2 2017 and 6 closed out, a net change of +21 holders.
- The largest NN Inc buyer in Q2 2017 was Daruma Capital Management, an estimated $7.46M added.
- The largest NN Inc seller in Q2 2017 was Jennison Associates, an estimated $18.7M sold.
Based on aggregated 13F filings for Q2 2017.