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117 hedge funds and large institutions have $850M invested in Nelnet in 2017 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 37 increasing their positions, 48 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

33% more call options, than puts

Call options by funds: $1.07M | Put options by funds: $805K

4% more capital invested

Capital invested by funds: $817M → $850M (+$33.3M)

0.53% less ownership

Funds ownership: 56.55%56.02% (-0.53%)

3% less funds holding

Funds holding: 121117 (-4)

23% less repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 48

36% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 11

Holders
117
Holders Change
-4
Holders Change %
-3.31%
% of All Funds
2.92%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
7
Increased
37
Reduced
48
Closed
11
Calls
$1.07M
Puts
$805K
Net Calls
+$266K
Net Calls Change
+$1.66M
Name Holding Trade Value Shares
Change
Change in
Stake
BGIM
26
Brandywine Global Investment Management
Pennsylvania
$5.26M -$489K -10,192 -9%
AllianceBernstein
27
AllianceBernstein
Tennessee
$4.58M -$244K -5,080 -5%
Federated Hermes
28
Federated Hermes
Pennsylvania
$4.55M +$759K +15,828 +21%
California Public Employees Retirement System
29
California Public Employees Retirement System
California
$4.52M +$7.53K +157 +0.2%
PPA
30
Parametric Portfolio Associates
Washington
$4.11M -$354K -7,389 -8%
Russell Investments Group
31
Russell Investments Group
United Kingdom
$3.41M +$2.03M +42,313 +168%
RA
32
Royce & Associates
New York
$3.26M -$96.9K -2,021 -3%
ZCM
33
Zebra Capital Management
Connecticut
$2.89M -$486K -10,134 -15%
SCP
34
Seizert Capital Partners
Michigan
$2.73M -$310K -6,471 -11%
TCIM
35
TIAA CREF Investment Management
New York
$2.72M -$1.07M -22,378 -29%
SAM
36
Shell Asset Management
Netherlands
$2.29M -$57.5K -1,200 -3%
PGCM
37
Prescott Group Capital Management
Oklahoma
$2.25M -$123K -2,567 -5%
First Trust Advisors
38
First Trust Advisors
Illinois
$2.18M +$133K +2,772 +7%
Fidelity Investments
39
Fidelity Investments
Massachusetts
$2.05M
TA
40
Teachers Advisors
New York
$1.81M -$24.7K -515 -1%
Swiss National Bank
41
Swiss National Bank
Switzerland
$1.81M
Goldman Sachs
42
Goldman Sachs
New York
$1.8M -$398K -8,297 -19%
TCM
43
Tegean Capital Management
New York
$1.73M
RhumbLine Advisers
44
RhumbLine Advisers
Massachusetts
$1.73M +$5.75K +120 +0.4%
Wells Fargo
45
Wells Fargo
California
$1.7M +$346K +7,219 +27%
NFA
46
Nationwide Fund Advisors
Ohio
$1.68M +$69K +1,440 +5%
California State Teachers Retirement System (CalSTRS)
47
California State Teachers Retirement System (CalSTRS)
California
$1.62M -$157K -3,266 -9%
Deutsche Bank
48
Deutsche Bank
Germany
$1.59M +$158K +3,301 +12%
SFM
49
Systematic Financial Management
New Jersey
$1.58M -$321K -6,695 -18%
Bank of Montreal
50
Bank of Montreal
Ontario, Canada
$1.56M +$147K +3,064 +11%

NNI Hedge Fund Activity: Q3 2017 in Review

117 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q3 2017, worth a combined $850M — up 4.1% from $817M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of NNI and 7 opened new positions — a net loss of 4 holders — while 48 trimmed existing stakes and 37 added.

The largest buyer was Norges Bank, adding an estimated $11.5M. The largest seller was Thompson Siegel & Walmsley, cutting an estimated $13.9M.

  • 117 institutional investors held Nelnet (NNI) as of Q3 2017, down from 121 in Q2 2017.
  • Funds reported $850M of Nelnet stock for Q3 2017, up 4.1% quarter-over-quarter.
  • 7 funds opened new Nelnet positions in Q3 2017 and 11 closed out, a net change of -4 holders.
  • The largest Nelnet buyer in Q3 2017 was Norges Bank, an estimated $11.5M added.
  • The largest Nelnet seller in Q3 2017 was Thompson Siegel & Walmsley, an estimated $13.9M sold.

Based on aggregated 13F filings for Q3 2017.