Nelnet
116 hedge funds and large institutions have $638M invested in Nelnet in 2015 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 45 increasing their positions, 41 reducing their positions, and 21 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
10% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 41
3.32% less ownership
Funds ownership: 60.3% → 56.98% (-3.3%)
7% less funds holding
Funds holding: 125 → 116 (-9)
8% less capital invested
Capital invested by funds: $697M → $638M (-$58.6M)
43% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 21
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $970K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$8.03M |
| 2 |
MCP
Moab Capital Partners
Southampton,
New York
|
+$4.43M |
| 3 |
FMII
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
|
+$3.68M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$3.59M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$13.1M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$9.59M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$7.22M |
| 4 |
CIM
Calvert Investment Management
Bethesda,
Maryland
|
-$5.53M |
| 5 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$5.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
126
PDT Partners
New York
| – | -$518K | -14,981 | Closed |
|
|
VIA
127
Vident Investment Advisory
Alpharetta,
Georgia
| – | -$496K | -14,342 | Closed |
|
128
Barclays
London,
United Kingdom
| – | -$344K | -10,124 | Closed |
|
|
HI
129
HBK Investments
Dallas,
Texas
| – | -$313K | -9,058 | Closed |
|
|
VAM
130
Visium Asset Management
New York
| – | -$257K | -7,437 | Closed |
|
|
MAM
131
Martingale Asset Management
Boston,
Massachusetts
| – | -$250K | -7,215 | Closed |
|
|
ACI
132
AMP Capital Investors
Sydney,
Australia
| – | -$258K | -7,200 | Closed |
|
133
Nomura Holdings
Tokyo,
Japan
| – | -$246K | -7,109 | Closed |
|
134
Tudor Investment Corp
Stamford,
Connecticut
| – | -$235K | -6,800 | Closed |
|
135
Asset Management One
Tokyo,
Japan
| – | -$138K | -4,000 | Closed |
|
136
Walleye Trading
New York
| – | -$66K | -1,900 | Closed |
|
NNI Hedge Fund Activity: Q4 2015 in Review
116 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q4 2015, worth a combined $638M — down 8.4% from $697M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of NNI and 12 opened new positions — a net loss of 9 holders — while 41 trimmed existing stakes and 45 added.
The largest buyer was Thompson Siegel & Walmsley, adding an estimated $8.03M. The largest seller was Millennium Management, cutting an estimated $13.1M.
- 116 institutional investors held Nelnet (NNI) as of Q4 2015, down from 125 in Q3 2015.
- Funds reported $638M of Nelnet stock for Q4 2015, down 8.4% quarter-over-quarter.
- 12 funds opened new Nelnet positions in Q4 2015 and 21 closed out, a net change of -9 holders.
- The largest Nelnet buyer in Q4 2015 was Thompson Siegel & Walmsley, an estimated $8.03M added.
- The largest Nelnet seller in Q4 2015 was Millennium Management, an estimated $13.1M sold.
Based on aggregated 13F filings for Q4 2015.