NN Inc
NNBR
101 hedge funds and large institutions have $508M invested in NN Inc in 2018 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 36 increasing their positions, 33 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
4% more funds holding
Funds holding: 97 → 101 (+4)
9% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 33
7% more call options, than puts
Call options by funds: $862K | Put options by funds: $803K
1.6% less ownership
Funds ownership: 98.62% → 97.02% (-1.6%)
22% less capital invested
Capital invested by funds: $653M → $508M (-$145M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
+$24M |
| 2 |
SGCIA
Smith Graham & Co Investment Advisors
Houston,
Texas
|
+$9.15M |
| 3 |
RA
Royce & Associates
New York
|
+$3.77M |
| 4 |
ECP
Elk Creek Partners
Denver,
Colorado
|
+$3.3M |
| 5 |
WIM
Wilen Investment Management
Bonita Springs,
Florida
|
+$3.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Daruma Capital Management
New York
|
-$36M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.66M |
| 3 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
-$6.85M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$6.63M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.68M |
NNBR Hedge Fund Activity: Q2 2018 in Review
101 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in NN Inc (NNBR) for Q2 2018, worth a combined $508M — down 22% from $653M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new NNBR positions and 6 closed out — a net gain of 5 holders — while 36 added to existing stakes and 33 trimmed.
The largest buyer was Primecap Management, adding an estimated $24M. The largest seller was Daruma Capital Management, cutting an estimated $36M.
- 101 institutional investors held NN Inc (NNBR) as of Q2 2018, up from 97 in Q1 2018.
- Funds reported $508M of NN Inc stock for Q2 2018, down 22% quarter-over-quarter.
- 11 funds opened new NN Inc positions in Q2 2018 and 6 closed out, a net change of +5 holders.
- The largest NN Inc buyer in Q2 2018 was Primecap Management, an estimated $24M added.
- The largest NN Inc seller in Q2 2018 was Daruma Capital Management, an estimated $36M sold.
Based on aggregated 13F filings for Q2 2018.