Nelnet
124 hedge funds and large institutions have $983M invested in Nelnet in 2014 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 43 increasing their positions, 53 reducing their positions, and 11 closing their positions.
8% more capital invested
Capital invested by funds: $913M → $983M (+$69.4M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.37% less ownership
Funds ownership: 61.43% → 61.06% (-0.37%)
4% less funds holding
Funds holding: 129 → 124 (-5)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
18% less call options, than puts
Call options by funds: $491K | Put options by funds: $602K
19% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$9.72M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$4.86M |
| 3 |
QI
QS Investors
New York
|
+$4.64M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$4M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$12M |
| 2 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$5.81M |
| 3 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$4.11M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$4M |
| 5 |
HCM
Huber Capital Management
El Segundo,
California
|
-$3.64M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LMGAM
126
Liberty Mutual Group Asset Management
Boston,
Massachusetts
| – | -$1.24M | -28,696 | Closed |
|
|
CEP
127
Chicago Equity Partners
Chicago,
Illinois
| – | -$442K | -10,265 | Closed |
|
128
Los Angeles Capital Management
Los Angeles,
California
| – | -$313K | -7,265 | Closed |
|
|
GCP
129
GSA Capital Partners
London,
United Kingdom
| – | -$292K | -6,774 | Closed |
|
|
NCCM
130
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$280K | -6,500 | Closed |
|
131
Principal Financial Group
Des Moines,
Iowa
| – | -$228K | -5,296 | Closed |
|
|
TRCT
132
Tower Research Capital (TRC)
New York
| – | -$156K | -3,611 | Closed |
|
|
BJ
133
BlackRock Japan
Tokyo,
Japan
| – | -$58K | -1,336 | Closed |
|
134
BNP Paribas Financial Markets
Paris,
France
| – | -$47.9K | -1,111 | Closed |
|
NNI Hedge Fund Activity: Q4 2014 in Review
124 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q4 2014, worth a combined $983M — up 7.6% from $913M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NNI and 9 opened new positions — a net loss of 2 holders — while 53 trimmed existing stakes and 43 added.
The largest buyer was Citadel Advisors, adding an estimated $9.72M. The largest seller was Numeric Investors, cutting an estimated $12M.
- 124 institutional investors held Nelnet (NNI) as of Q4 2014, down from 129 in Q3 2014.
- Funds reported $983M of Nelnet stock for Q4 2014, up 7.6% quarter-over-quarter.
- 9 funds opened new Nelnet positions in Q4 2014 and 11 closed out, a net change of -2 holders.
- The largest Nelnet buyer in Q4 2014 was Citadel Advisors, an estimated $9.72M added.
- The largest Nelnet seller in Q4 2014 was Numeric Investors, an estimated $12M sold.
Based on aggregated 13F filings for Q4 2014.