Nelnet
129 hedge funds and large institutions have $913M invested in Nelnet in 2014 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 40 increasing their positions, 60 reducing their positions, and 16 closing their positions.
64% more call options, than puts
Call options by funds: $3.38M | Put options by funds: $2.06M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
4% more capital invested
Capital invested by funds: $878M → $913M (+$35.1M)
0.68% more ownership
Funds ownership: 60.75% → 61.43% (+0.68%)
4% less funds holding
Funds holding: 134 → 129 (-5)
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
33% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$12.6M |
| 2 |
MCP
Moab Capital Partners
Southampton,
New York
|
+$11.6M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$10.6M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$9.98M |
| 5 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$4.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$9.25M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$8.31M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$5.9M |
| 4 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$3.14M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.05M |
NNI Hedge Fund Activity: Q3 2014 in Review
129 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q3 2014, worth a combined $913M — up 4% from $878M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of NNI and 11 opened new positions — a net loss of 5 holders — while 60 trimmed existing stakes and 40 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $12.6M. The largest seller was JP Morgan Chase, cutting an estimated $9.25M.
- 129 institutional investors held Nelnet (NNI) as of Q3 2014, down from 134 in Q2 2014.
- Funds reported $913M of Nelnet stock for Q3 2014, up 4% quarter-over-quarter.
- 11 funds opened new Nelnet positions in Q3 2014 and 16 closed out, a net change of -5 holders.
- The largest Nelnet buyer in Q3 2014 was Citadel Advisors, an estimated $12.6M added.
- The largest Nelnet seller in Q3 2014 was JP Morgan Chase, an estimated $9.25M sold.
Based on aggregated 13F filings for Q3 2014.