Nelnet
144 hedge funds and large institutions have $815M invested in Nelnet in 2013 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 48 increasing their positions, 58 reducing their positions, and 3 closing their positions.
500% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 3
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
10% more funds holding
Funds holding: 131 → 144 (+13)
5% more capital invested
Capital invested by funds: $774M → $815M (+$40.4M)
0.48% less ownership
Funds ownership: 61.3% → 60.81% (-0.48%)
17% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Seawolf Capital
New York
|
+$5.75M |
| 2 |
JP Morgan Chase
New York
|
+$2.46M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.45M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.26M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$9.64M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.61M |
| 3 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$5.73M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$2.94M |
| 5 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$2.3M |
NNI Hedge Fund Activity: Q3 2013 in Review
144 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q3 2013, worth a combined $815M — up 5.2% from $774M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new NNI positions and 3 closed out — a net gain of 15 holders — while 48 added to existing stakes and 58 trimmed.
The largest buyer was Seawolf Capital, adding an estimated $5.75M. The largest seller was Millennium Management, cutting an estimated $9.64M.
- 144 institutional investors held Nelnet (NNI) as of Q3 2013, up from 131 in Q2 2013.
- Funds reported $815M of Nelnet stock for Q3 2013, up 5.2% quarter-over-quarter.
- 18 funds opened new Nelnet positions in Q3 2013 and 3 closed out, a net change of +15 holders.
- The largest Nelnet buyer in Q3 2013 was Seawolf Capital, an estimated $5.75M added.
- The largest Nelnet seller in Q3 2013 was Millennium Management, an estimated $9.64M sold.
Based on aggregated 13F filings for Q3 2013.