Nelnet
127 hedge funds and large institutions have $878M invested in Nelnet in 2016 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 44 increasing their positions, 46 reducing their positions, and 6 closing their positions.
200% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 6
24% more capital invested
Capital invested by funds: $706M → $878M (+$172M)
9% more funds holding
Funds holding: 116 → 127 (+11)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.41% less ownership
Funds ownership: 56.87% → 56.46% (-0.41%)
4% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 46
44% less call options, than puts
Call options by funds: $1.58M | Put options by funds: $2.81M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.71M |
| 2 |
Morgan Stanley
New York
|
+$3.76M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.7M |
| 4 |
FMII
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
|
+$3.65M |
| 5 |
JP Morgan Chase
New York
|
+$2.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$10.7M |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$9.9M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.2M |
| 4 |
GAI
General American Investors
New York
|
-$4.6M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$3.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
126
MCF Advisors
Covington,
Kentucky
| $1K | – | – | – |
|
|
VCM
127
Versant Capital Management
Phoenix,
Arizona
| $1K | – | – | – |
|
|
128
Arrowstreet Capital
Boston,
Massachusetts
| – | -$10.7M | -265,384 | Closed |
|
|
TC
129
TFS Capital
West Chester,
Pennsylvania
| – | -$1.18M | -29,207 | Closed |
|
|
CAM
130
ClariVest Asset Management
San Diego,
California
| – | -$908K | -22,500 | Closed |
|
131
Nordea Investment Management
Stockholm,
Sweden
| – | -$908K | -22,500 | Closed |
|
132
SG Americas Securities
New York
| – | -$125K | -3,106 | Closed |
|
133
Walleye Trading
New York
| – | -$4K | -100 | Closed |
|
NNI Hedge Fund Activity: Q4 2016 in Review
127 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q4 2016, worth a combined $878M — up 24% from $706M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new NNI positions and 6 closed out — a net gain of 12 holders — while 44 added to existing stakes and 46 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $4.71M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $10.7M sold.
- 127 institutional investors held Nelnet (NNI) as of Q4 2016, up from 116 in Q3 2016.
- Funds reported $878M of Nelnet stock for Q4 2016, up 24% quarter-over-quarter.
- 18 funds opened new Nelnet positions in Q4 2016 and 6 closed out, a net change of +12 holders.
- The largest Nelnet buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $4.71M added.
- The largest Nelnet seller in Q4 2016 was Arrowstreet Capital, an estimated $10.7M sold.
Based on aggregated 13F filings for Q4 2016.