Nelnet
125 hedge funds and large institutions have $697M invested in Nelnet in 2015 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 56 increasing their positions, 36 reducing their positions, and 18 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 36
1.75% more ownership
Funds ownership: 58.55% → 60.3% (+1.7%)
2% less funds holding
Funds holding: 128 → 125 (-3)
11% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 18
21% less capital invested
Capital invested by funds: $876M → $697M (-$180M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $488K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$17.8M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$6.99M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$5.41M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$4.26M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$3.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$19.1M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$18.4M |
| 3 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$9.41M |
| 4 |
Bank of New York Mellon
New York
|
-$9.24M |
| 5 |
FG
FSI Group
Cincinnati,
Ohio
|
-$6.38M |
NNI Hedge Fund Activity: Q3 2015 in Review
125 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q3 2015, worth a combined $697M — down 21% from $876M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of NNI and 16 opened new positions — a net loss of 2 holders — while 36 trimmed existing stakes and 56 added.
The largest buyer was Numeric Investors, opening a new position worth an estimated $17.8M. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $19.1M sold.
- 125 institutional investors held Nelnet (NNI) as of Q3 2015, down from 128 in Q2 2015.
- Funds reported $697M of Nelnet stock for Q3 2015, down 21% quarter-over-quarter.
- 16 funds opened new Nelnet positions in Q3 2015 and 18 closed out, a net change of -2 holders.
- The largest Nelnet buyer in Q3 2015 was Numeric Investors, an estimated $17.8M added.
- The largest Nelnet seller in Q3 2015 was Alyeska Investment Group, an estimated $19.1M sold.
Based on aggregated 13F filings for Q3 2015.