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129 hedge funds and large institutions have $822M invested in Nelnet in 2020 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 20 increasing their positions, 62 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

69% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 13

25% more capital invested

Capital invested by funds: $659M → $822M (+$162M)

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

8% more funds holding

Funds holding: 120129 (+9)

0.87% more ownership

Funds ownership: 49.41%50.29% (+0.87%)

68% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 62

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $229K

Holders
129
Holders Change
+9
Holders Change %
+7.5%
% of All Funds
2.6%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.12%
New
22
Increased
20
Reduced
62
Closed
13
Calls
Puts
$229K
Net Calls
-$229K
Net Calls Change
-$1.96M
Name Holding Trade Value Shares
Change
Change in
Stake
Zurich Cantonal Bank
101
Zurich Cantonal Bank
Switzerland
$161K
Royal Bank of Canada
102
Royal Bank of Canada
Ontario, Canada
$96K -$2.94K -48 -3%
AIP
103
Ameritas Investment Partners
Nebraska
$92K
PW
104
Price Wealth
Texas
$90K +$91.8K +1,500 New
AA
105
Ancora Advisors
Ohio
$89K +$11.3K +184 +14%
Citigroup
106
Citigroup
New York
$72K -$419K -6,850 -85%
Canada Life
107
Canada Life
Manitoba, Canada
$71K -$9.61K -157 -12%
Ohio Public Employees Retirement System (OPERS)
108
Ohio Public Employees Retirement System (OPERS)
Ohio
$66K -$1.53K -25 -2%
PHK
109
Point72 Hong Kong
Hong Kong
$49K +$36.8K +602 +289%
PAI
110
Pittenger & Anderson Inc
Nebraska
$30K
Acadian Asset Management
111
Acadian Asset Management
Massachusetts
$29K -$705K -11,522 -96%
Federated Hermes
112
Federated Hermes
Pennsylvania
$27K +$6.55K +107 +31%
Macquarie Group
113
Macquarie Group
Australia
$25K
PFBT
114
Parkside Financial Bank & Trust
Missouri
$23K -$11.1K -181 -32%
US Bancorp
115
US Bancorp
Minnesota
$20K
GWM
116
Geneos Wealth Management
Colorado
$17K
PA
117
Parallel Advisors
California
$10K
Carson Wealth (CWM LLC)
118
Carson Wealth (CWM LLC)
Nebraska
$8K
OAJ
119
Ogorek Anthony Joseph
New York
$8K
PFA
120
Professional Financial Advisors
Nebraska
$8K +$7.71K +126 New
AssetMark Inc
121
AssetMark Inc
California
$3K -$2.02K -33 -38%
IA
122
IFP Advisors
Florida
$3K
PWMG
123
Prestige Wealth Management Group
New Jersey
$3K
ETC
124
Exchange Traded Concepts
Oklahoma
$2K +$2.45K +40 New
Millennium Management
125
Millennium Management
New York
$1.54K -$1.35M -22,020 -46%

NNI Hedge Fund Activity: Q3 2020 in Review

129 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q3 2020, worth a combined $822M — up 25% from $659M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new NNI positions and 13 closed out — a net gain of 9 holders — while 20 added to existing stakes and 62 trimmed.

The largest buyer was Jefferies Group, opening a new position worth an estimated $28.7M. The largest seller was Sycale Advisors, cutting an estimated $17.1M.

  • 129 institutional investors held Nelnet (NNI) as of Q3 2020, up from 120 in Q2 2020.
  • Funds reported $822M of Nelnet stock for Q3 2020, up 25% quarter-over-quarter.
  • 22 funds opened new Nelnet positions in Q3 2020 and 13 closed out, a net change of +9 holders.
  • The largest Nelnet buyer in Q3 2020 was Jefferies Group, an estimated $28.7M added.
  • The largest Nelnet seller in Q3 2020 was Sycale Advisors, an estimated $17.1M sold.

Based on aggregated 13F filings for Q3 2020.