Nelnet
128 hedge funds and large institutions have $904M invested in Nelnet in 2018 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 43 increasing their positions, 40 reducing their positions, and 16 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 40
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.41% less ownership
Funds ownership: 54.35% → 53.93% (-0.41%)
2% less capital invested
Capital invested by funds: $927M → $904M (-$22.5M)
4% less funds holding
Funds holding: 134 → 128 (-6)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
78% less call options, than puts
Call options by funds: $1.55M | Put options by funds: $6.96M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Magnolia Group
Omaha,
Nebraska
|
+$7.29M |
| 2 |
RAM
RK Asset Management
Grosse Pointe Farms,
Michigan
|
+$3.01M |
| 3 |
BlackRock
New York
|
+$2.77M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.98M |
| 5 |
MCM
Matarin Capital Management
New York
|
+$1.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$7.1M |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$3.64M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$2.65M |
| 4 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
-$2.35M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$1.44M |
NNI Hedge Fund Activity: Q3 2018 in Review
128 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q3 2018, worth a combined $904M — down 2.4% from $927M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of NNI and 12 opened new positions — a net loss of 4 holders — while 40 trimmed existing stakes and 43 added.
The largest buyer was Magnolia Group, adding an estimated $7.29M. The largest seller was Northern Trust, cutting an estimated $7.1M.
- 128 institutional investors held Nelnet (NNI) as of Q3 2018, down from 134 in Q2 2018.
- Funds reported $904M of Nelnet stock for Q3 2018, down 2.4% quarter-over-quarter.
- 12 funds opened new Nelnet positions in Q3 2018 and 16 closed out, a net change of -4 holders.
- The largest Nelnet buyer in Q3 2018 was Magnolia Group, an estimated $7.29M added.
- The largest Nelnet seller in Q3 2018 was Northern Trust, an estimated $7.1M sold.
Based on aggregated 13F filings for Q3 2018.