NN Inc
NNBR
103 hedge funds and large institutions have $764M invested in NN Inc in 2017 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 41 increasing their positions, 34 reducing their positions, and 31 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 34
8% more capital invested
Capital invested by funds: $705M → $764M (+$59.2M)
2.17% more ownership
Funds ownership: 93.54% → 95.71% (+2.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
18% less funds holding
Funds holding: 126 → 103 (-23)
71% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 31
98% less call options, than puts
Call options by funds: $14K | Put options by funds: $560K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Daruma Capital Management
New York
|
+$19.8M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$10.5M |
| 3 |
Primecap Management
Pasadena,
California
|
+$6.52M |
| 4 |
Jennison Associates
New York
|
+$4.87M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.5M |
| 2 |
Millennium Management
New York
|
-$6.55M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$3.82M |
| 4 |
Two Sigma Investments
New York
|
-$2.77M |
| 5 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
-$2.67M |
NNBR Hedge Fund Activity: Q3 2017 in Review
103 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in NN Inc (NNBR) for Q3 2017, worth a combined $764M — up 8.4% from $705M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of NNBR and 9 opened new positions — a net loss of 22 holders — while 34 trimmed existing stakes and 41 added.
The largest buyer was Daruma Capital Management, adding an estimated $19.8M. The largest seller was Fidelity Investments, exiting entirely with an estimated $11.5M sold.
- 103 institutional investors held NN Inc (NNBR) as of Q3 2017, down from 126 in Q2 2017.
- Funds reported $764M of NN Inc stock for Q3 2017, up 8.4% quarter-over-quarter.
- 9 funds opened new NN Inc positions in Q3 2017 and 31 closed out, a net change of -22 holders.
- The largest NN Inc buyer in Q3 2017 was Daruma Capital Management, an estimated $19.8M added.
- The largest NN Inc seller in Q3 2017 was Fidelity Investments, an estimated $11.5M sold.
Based on aggregated 13F filings for Q3 2017.