Nelnet
129 hedge funds and large institutions have $774M invested in Nelnet in 2017 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 46 increasing their positions, 42 reducing their positions, and 14 closing their positions.
50% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 14
2% more funds holding
Funds holding: 127 → 129 (+2)
1.17% more ownership
Funds ownership: 56.46% → 57.62% (+1.2%)
10% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 42
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less capital invested
Capital invested by funds: $878M → $774M (-$103M)
65% less call options, than puts
Call options by funds: $2.91M | Put options by funds: $8.23M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$62.3M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$9.65M |
| 3 |
Bank of New York Mellon
New York
|
+$5.54M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.2M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$3.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Huber Capital Management
El Segundo,
California
|
-$7.69M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.79M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.43M |
| 4 |
FMII
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
|
-$2.89M |
| 5 |
Morgan Stanley
New York
|
-$2.37M |
NNI Hedge Fund Activity: Q1 2017 in Review
129 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q1 2017, worth a combined $774M — down 12% from $878M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new NNI positions and 14 closed out — a net gain of 7 holders — while 46 added to existing stakes and 42 trimmed.
The largest buyer was BlackRock, adding an estimated $62.3M. The largest seller was Huber Capital Management, cutting an estimated $7.69M.
- 129 institutional investors held Nelnet (NNI) as of Q1 2017, up from 127 in Q4 2016.
- Funds reported $774M of Nelnet stock for Q1 2017, down 12% quarter-over-quarter.
- 21 funds opened new Nelnet positions in Q1 2017 and 14 closed out, a net change of +7 holders.
- The largest Nelnet buyer in Q1 2017 was BlackRock, an estimated $62.3M added.
- The largest Nelnet seller in Q1 2017 was Huber Capital Management, an estimated $7.69M sold.
Based on aggregated 13F filings for Q1 2017.