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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
CAPTRUST Financial Advisors
51
CAPTRUST Financial Advisors
North Carolina
$1.53M -$26.6K -303 -2%
California State Teachers Retirement System (CalSTRS)
52
California State Teachers Retirement System (CalSTRS)
California
$1.48M -$57.3K -652 -4%
GCP
53
GSA Capital Partners
United Kingdom
$1.46M +$1.36M +15,433 New
UBS Group
54
UBS Group
Switzerland
$1.44M -$326K -3,707 -20%
Legal & General Group
55
Legal & General Group
United Kingdom
$1.4M +$31.5K +358 +2%
Marshall Wace
56
Marshall Wace
United Kingdom
$1.36M -$244K -2,771 -16%
DCM
57
Dean Capital Management
Kansas
$1.3M +$274K +3,117 +29%
LCM
58
Legato Capital Management
California
$1.3M +$274K +3,117 +29%
VI
59
Vestcor Inc
New Brunswick, Canada
$1.28M -$70.4K -801 -6%
ACA
60
Anchor Capital Advisors
Massachusetts
$1.22M +$33.7K +383 +3%
ECM
61
ExodusPoint Capital Management
New York
$1.18M +$204K +2,324 +23%
PGCM
62
Prescott Group Capital Management
Oklahoma
$1.16M +$1.07M +12,203 New
Mirae Asset Global Investments
63
Mirae Asset Global Investments
South Korea
$1.03M +$112K +1,274 +13%
Amundi
64
Amundi
France
$1.02M -$795K -9,043 -46%
HCA
65
Harbor Capital Advisors
Illinois
$891K +$827K +9,413 New
Manulife (Manufacturers Life Insurance)
66
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$730K +$16.3K +185 +2%
T. Rowe Price Associates
67
T. Rowe Price Associates
Maryland
$729K +$43.7K +497 +7%
Bank of America
68
Bank of America
North Carolina
$675K -$992K -11,287 -61%
Deutsche Bank
69
Deutsche Bank
Germany
$664K +$12.6K +143 +2%
BNP Paribas Financial Markets
70
BNP Paribas Financial Markets
France
$642K +$295K +3,352 +98%
MIM
71
MetLife Investment Management
New Jersey
$640K
Canada Life
72
Canada Life
Manitoba, Canada
$640K +$19.5K +222 +3%
AIG
73
American International Group
New York
$602K -$4.75K -54 -0.8%
Janus Henderson Group
74
Janus Henderson Group
United Kingdom
$575K +$88 +1 +0%
Wells Fargo
75
Wells Fargo
California
$533K +$76.4K +869 +18%

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.