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129 hedge funds and large institutions have $822M invested in Nelnet in 2020 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 20 increasing their positions, 62 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

69% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 13

25% more capital invested

Capital invested by funds: $659M → $822M (+$162M)

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

8% more funds holding

Funds holding: 120129 (+9)

0.87% more ownership

Funds ownership: 49.41%50.29% (+0.87%)

68% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 62

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $229K

Holders
129
Holders Change
+9
Holders Change %
+7.5%
% of All Funds
2.6%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.12%
New
22
Increased
20
Reduced
62
Closed
13
Calls
Puts
$229K
Net Calls
-$229K
Net Calls Change
-$1.96M
Name Holding Trade Value Shares
Change
Change in
Stake
WSL
26
Western Standard LLC
California
$3.22M -$1.69M -27,645 -34%
Fidelity Investments
27
Fidelity Investments
Massachusetts
$3.03M -$1.45M -23,771 -32%
Wells Fargo
28
Wells Fargo
California
$2.95M +$52.6K +860 +2%
DA
29
Denali Advisors
California
$2.89M -$330K -5,400 -10%
Swiss National Bank
30
Swiss National Bank
Switzerland
$2.67M
Invesco
31
Invesco
Georgia
$2.46M -$317K -5,180 -11%
AAMU
32
Amundi Asset Management US
Massachusetts
$2.41M -$1.46M -23,935 -37%
California Public Employees Retirement System
33
California Public Employees Retirement System
California
$2.38M -$40.9K -669 -2%
First Trust Advisors
34
First Trust Advisors
Illinois
$2.29M +$385K +6,293 +20%
RhumbLine Advisers
35
RhumbLine Advisers
Massachusetts
$2.12M -$409K -6,685 -16%
HighTower Advisors
36
HighTower Advisors
Illinois
$2.11M -$840K -13,733 -28%
New York State Common Retirement Fund
37
New York State Common Retirement Fund
New York
$2.03M -$73.4K -1,200 -3%
Goldman Sachs
38
Goldman Sachs
New York
$1.68M -$3.9M -63,758 -70%
PPA
39
Parametric Portfolio Associates
Washington
$1.64M -$73.2K -1,196 -4%
California State Teachers Retirement System (CalSTRS)
40
California State Teachers Retirement System (CalSTRS)
California
$1.57M -$59.4K -971 -4%
Ameriprise
41
Ameriprise
Minnesota
$1.57M -$32.2K -526 -2%
Lord, Abbett & Co
42
Lord, Abbett & Co
New Jersey
$1.5M +$1.52M +24,900 New
WG
43
Winton Group
United Kingdom
$1.39M -$213K -3,476 -13%
LS
44
Livforsakringsbolaget Skandia
Sweden
$1.33M
Citadel Advisors
45
Citadel Advisors
Florida
$1.24M +$1.26M +20,533 New
UBS AM
46
UBS AM
Illinois
$1.23M -$152K -2,490 -11%
Morgan Stanley
47
Morgan Stanley
New York
$1.2M +$270K +4,411 +28%
American Century Companies
48
American Century Companies
Missouri
$1.19M +$218K +3,560 +22%
JIR
49
James Investment Research
Ohio
$1.06M -$1M -16,375 -48%
Skandinaviska Enskilda Banken (SEB)
50
Skandinaviska Enskilda Banken (SEB)
Sweden
$1.04M

NNI Hedge Fund Activity: Q3 2020 in Review

129 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q3 2020, worth a combined $822M — up 25% from $659M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new NNI positions and 13 closed out — a net gain of 9 holders — while 20 added to existing stakes and 62 trimmed.

The largest buyer was Jefferies Group, opening a new position worth an estimated $28.7M. The largest seller was Sycale Advisors, cutting an estimated $17.1M.

  • 129 institutional investors held Nelnet (NNI) as of Q3 2020, up from 120 in Q2 2020.
  • Funds reported $822M of Nelnet stock for Q3 2020, up 25% quarter-over-quarter.
  • 22 funds opened new Nelnet positions in Q3 2020 and 13 closed out, a net change of +9 holders.
  • The largest Nelnet buyer in Q3 2020 was Jefferies Group, an estimated $28.7M added.
  • The largest Nelnet seller in Q3 2020 was Sycale Advisors, an estimated $17.1M sold.

Based on aggregated 13F filings for Q3 2020.