Nelnet
130 hedge funds and large institutions have $691M invested in Nelnet in 2016 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 44 increasing their positions, 47 reducing their positions, and 8 closing their positions.
200% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 8
12% more funds holding
Funds holding: 116 → 130 (+14)
8% more capital invested
Capital invested by funds: $638M → $691M (+$53.5M)
0.54% more ownership
Funds ownership: 56.98% → 57.52% (+0.54%)
6% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 47
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
83% less call options, than puts
Call options by funds: $426K | Put options by funds: $2.46M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.22M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$7.04M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.35M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$2.82M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Seawolf Capital
New York
|
-$14.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$12.8M |
| 3 |
MCP
Moab Capital Partners
Southampton,
New York
|
-$9.48M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$9.48M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$8.61M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
126
Denali Advisors
San Diego,
California
| $3K | -$909 | -26 | -25% |
|
|
CG
127
Cutler Group
San Francisco,
California
| $2K | -$70K | -2,002 | -97% |
|
|
IA
128
IFP Advisors
Tampa,
Florida
| $2K | -$629 | -18 | -36% |
|
|
VCM
129
Versant Capital Management
Phoenix,
Arizona
| $1K | – | – | – |
|
|
MA
130
MCF Advisors
Covington,
Kentucky
| $1K | +$944 | +27 | New |
|
131
Barclays
London,
United Kingdom
| $1K | +$1.05K | +30 | New |
|
|
MCP
132
Moab Capital Partners
Southampton,
New York
| – | -$9.48M | -282,344 | Closed |
|
|
133
Citadel Advisors
Miami,
Florida
| – | -$9.48M | -282,323 | Closed |
|
|
CCM
134
Century Capital Management
Boston,
Massachusetts
| – | -$2.33M | -69,455 | Closed |
|
|
SFM
135
Systematic Financial Management
Teaneck,
New Jersey
| – | -$1.89M | -56,417 | Closed |
|
|
PG
136
PEAK6 Group
Chicago,
Illinois
| – | -$435K | -12,454 | Closed |
|
137
Axa
Paris,
France
| – | -$375K | -11,180 | Closed |
|
|
LCM
138
Landscape Capital Management
Englewood,
New Jersey
| – | -$260K | -7,753 | Closed |
|
139
BNP Paribas Financial Markets
Paris,
France
| – | -$157K | -4,688 | Closed |
|
NNI Hedge Fund Activity: Q1 2016 in Review
130 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q1 2016, worth a combined $691M — up 8.4% from $638M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new NNI positions and 8 closed out — a net gain of 16 holders — while 44 added to existing stakes and 47 trimmed.
The largest buyer was Vanguard Group, adding an estimated $8.22M. The largest seller was Seawolf Capital, cutting an estimated $14.7M.
- 130 institutional investors held Nelnet (NNI) as of Q1 2016, up from 116 in Q4 2015.
- Funds reported $691M of Nelnet stock for Q1 2016, up 8.4% quarter-over-quarter.
- 24 funds opened new Nelnet positions in Q1 2016 and 8 closed out, a net change of +16 holders.
- The largest Nelnet buyer in Q1 2016 was Vanguard Group, an estimated $8.22M added.
- The largest Nelnet seller in Q1 2016 was Seawolf Capital, an estimated $14.7M sold.
Based on aggregated 13F filings for Q1 2016.