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153 hedge funds and large institutions have $1.14B invested in Nelnet in 2024 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 45 increasing their positions, 59 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 68 (+2)

4% more capital invested

Capital invested by funds: $1.1B → $1.14B (+$44.3M)

0.92% less ownership

Funds ownership: 46.7%45.78% (-0.92%)

3% less funds holding

Funds holding: 157153 (-4)

15% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 27

24% less repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 59

70% less call options, than puts

Call options by funds: $322K | Put options by funds: $1.09M

Holders
153
Holders Change
-4
Holders Change %
-2.55%
% of All Funds
2.2%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.12%
New
23
Increased
45
Reduced
59
Closed
27
Calls
$322K
Puts
$1.09M
Net Calls
-$766K
Net Calls Change
-$1.16M
Name Holding Trade Value Shares
Change
Change in
Stake
BGIM
26
Brandywine Global Investment Management
Pennsylvania
$4.73M -$31K -353 -0.7%
DA
27
Denali Advisors
California
$4.59M
GWMI
28
Guardian Wealth Management (Illinois)
Illinois
$4.34M +$1.63M +18,544 +68%
DIA
29
Dean Investment Associates
Ohio
$3.81M +$766K +8,719 +28%
N
30
Nuveen
North Carolina
$3.39M -$69.9K -795 -2%
CS
31
Credit Suisse
Switzerland
$2.98M +$80.6K +917 +3%
Swiss National Bank
32
Swiss National Bank
Switzerland
$2.98M
Invesco
33
Invesco
Georgia
$2.85M +$1.67K +19 +0.1%
RhumbLine Advisers
34
RhumbLine Advisers
Massachusetts
$2.84M -$155K -1,760 -6%
UBS AM
35
UBS AM
Illinois
$2.5M +$227K +2,580 +11%
First Trust Advisors
36
First Trust Advisors
Illinois
$2.5M +$1.07M +12,159 +86%
Qube Research & Technologies (QRT)
37
Qube Research & Technologies (QRT)
United Kingdom
$2.38M -$1.9M -21,587 -46%
New York State Common Retirement Fund
38
New York State Common Retirement Fund
New York
$2.34M -$1.58K -18 -0.1%
Goldman Sachs
39
Goldman Sachs
New York
$2.29M -$3.64M -41,412 -63%
Squarepoint
40
Squarepoint
New York
$2.26M +$360K +4,099 +21%
Citadel Advisors
41
Citadel Advisors
Florida
$2.09M +$197K +2,245 +11%
Millennium Management
42
Millennium Management
New York
$2.03M -$7.4M -84,215 -80%
Voloridge Investment Management
43
Voloridge Investment Management
Florida
$2.01M +$1.87M +21,286 New
JIR
44
James Investment Research
Ohio
$1.96M -$231K -2,630 -11%
AG
45
Algert Global
California
$1.91M +$705K +8,020 +66%
Barclays
46
Barclays
United Kingdom
$1.88M -$869K -9,882 -33%
LPL Financial
47
LPL Financial
California
$1.77M +$170K +1,929 +12%
TI
48
Trexquant Investment
Connecticut
$1.76M +$1.64M +18,641 New
Ameriprise
49
Ameriprise
Minnesota
$1.66M -$603K -6,866 -28%
DADC
50
D.A. Davidson & Co
Montana
$1.59M -$43.3K -493 -3%

NNI Hedge Fund Activity: Q1 2024 in Review

153 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q1 2024, worth a combined $1.14B — up 4% from $1.1B a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of NNI and 23 opened new positions — a net loss of 4 holders — while 59 trimmed existing stakes and 45 added.

The largest buyer was Madison Avenue Partners, opening a new position worth an estimated $25.5M. The largest seller was Empyrean Capital Partners, cutting an estimated $11.2M.

  • 153 institutional investors held Nelnet (NNI) as of Q1 2024, down from 157 in Q4 2023.
  • Funds reported $1.14B of Nelnet stock for Q1 2024, up 4% quarter-over-quarter.
  • 23 funds opened new Nelnet positions in Q1 2024 and 27 closed out, a net change of -4 holders.
  • The largest Nelnet buyer in Q1 2024 was Madison Avenue Partners, an estimated $25.5M added.
  • The largest Nelnet seller in Q1 2024 was Empyrean Capital Partners, an estimated $11.2M sold.

Based on aggregated 13F filings for Q1 2024.