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128 hedge funds and large institutions have $941M invested in Nelnet in 2019 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 43 increasing their positions, 47 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

37% more call options, than puts

Call options by funds: $878K | Put options by funds: $642K

21% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 14

10% more capital invested

Capital invested by funds: $852M → $941M (+$89.2M)

2% more funds holding

Funds holding: 125128 (+3)

1.51% more ownership

Funds ownership: 50.61%52.12% (+1.5%)

9% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 47

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
128
Holders Change
+3
Holders Change %
+2.4%
% of All Funds
2.81%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.04%
New
17
Increased
43
Reduced
47
Closed
14
Calls
$878K
Puts
$642K
Net Calls
+$236K
Net Calls Change
+$70K
Name Holding Trade Value Shares
Change
Change in
Stake
WSL
26
Western Standard LLC
California
$4.34M
Arrowstreet Capital
27
Arrowstreet Capital
Massachusetts
$4.3M +$820K +12,783 +23%
Bessemer Group
28
Bessemer Group
New Jersey
$4.05M +$3.78M +58,893 +1,227%
PPA
29
Parametric Portfolio Associates
Washington
$3.96M -$319K -4,970 -7%
Invesco
30
Invesco
Georgia
$3.76M -$1.5M -23,348 -28%
Ameriprise
31
Ameriprise
Minnesota
$3.73M -$3.3M -51,493 -47%
Bank of Montreal
32
Bank of Montreal
Ontario, Canada
$3.6M +$880K +13,727 +32%
JIR
33
James Investment Research
Ohio
$3.24M -$19.2K -300 -0.6%
AQR Capital Management
34
AQR Capital Management
Connecticut
$2.97M +$77.9K +1,215 +3%
RAM
35
RK Asset Management
Michigan
$2.96M -$84.9K -1,325 -3%
HighTower Advisors
36
HighTower Advisors
Illinois
$2.64M +$2.66M +41,475 New
RhumbLine Advisers
37
RhumbLine Advisers
Massachusetts
$2.45M +$145K +2,256 +6%
New York State Common Retirement Fund
38
New York State Common Retirement Fund
New York
$2.39M +$1.24M +19,300 +105%
Swiss National Bank
39
Swiss National Bank
Switzerland
$2.38M
Citadel Advisors
40
Citadel Advisors
Florida
$2.07M -$750K -11,703 -26%
SCM
41
Sterling Capital Management
North Carolina
$1.97M +$388K +6,051 +24%
BIM
42
Bogle Investment Management
Massachusetts
$1.93M -$276K -4,303 -12%
DA
43
Denali Advisors
California
$1.92M +$1.06M +16,600 +122%
AAMU
44
Amundi Asset Management US
Massachusetts
$1.88M -$66.5K -1,038 -3%
Wells Fargo
45
Wells Fargo
California
$1.82M -$647K -10,086 -26%
California State Teachers Retirement System (CalSTRS)
46
California State Teachers Retirement System (CalSTRS)
California
$1.77M +$21.3K +333 +1%
WG
47
Winton Group
United Kingdom
$1.73M +$1.75M +27,272 New
AIMCA
48
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$1.61M -$237K -3,700 -13%
UBS AM
49
UBS AM
Illinois
$1.6M +$264K +4,118 +20%
PGCM
50
Prescott Group Capital Management
Oklahoma
$1.6M +$64.1K +1,000 +4%

NNI Hedge Fund Activity: Q3 2019 in Review

128 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q3 2019, worth a combined $941M — up 10% from $852M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new NNI positions and 14 closed out — a net gain of 3 holders — while 43 added to existing stakes and 47 trimmed.

The largest buyer was Vanguard Group, adding an estimated $25.8M. The largest seller was Magnolia Group, cutting an estimated $6.58M.

  • 128 institutional investors held Nelnet (NNI) as of Q3 2019, up from 125 in Q2 2019.
  • Funds reported $941M of Nelnet stock for Q3 2019, up 10% quarter-over-quarter.
  • 17 funds opened new Nelnet positions in Q3 2019 and 14 closed out, a net change of +3 holders.
  • The largest Nelnet buyer in Q3 2019 was Vanguard Group, an estimated $25.8M added.
  • The largest Nelnet seller in Q3 2019 was Magnolia Group, an estimated $6.58M sold.

Based on aggregated 13F filings for Q3 2019.