Nelnet
121 hedge funds and large institutions have $817M invested in Nelnet in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 43 increasing their positions, 47 reducing their positions, and 14 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
6% more capital invested
Capital invested by funds: $774M → $817M (+$43.1M)
9% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 47
1.07% less ownership
Funds ownership: 57.62% → 56.55% (-1.1%)
6% less funds holding
Funds holding: 129 → 121 (-8)
40% less call options, than puts
Call options by funds: $2.13M | Put options by funds: $3.53M
50% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.04M |
| 2 |
ZCM
Zebra Capital Management
Stamford,
Connecticut
|
+$2.93M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.88M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.74M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.09M |
| 2 |
Renaissance Technologies
New York
|
-$2.64M |
| 3 |
Morgan Stanley
New York
|
-$2.44M |
| 4 |
HHC
Hutchin Hill Capital
New York
|
-$2.19M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$2.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Marshall Wace
London,
United Kingdom
| – | -$376K | -8,556 | Closed |
|
127
Squarepoint
New York
| – | -$369K | -8,416 | Closed |
|
|
ST
128
Spot Trading
Chicago,
Illinois
| – | -$345K | -7,862 | Closed |
|
129
T. Rowe Price Associates
Baltimore,
Maryland
| – | -$306K | -6,982 | Closed |
|
130
Wolverine Trading
Chicago,
Illinois
| – | -$268K | -6,105 | Closed |
|
|
EMG
131
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$206K | -4,700 | Closed |
|
132
Parallax Volatility Advisers
San Francisco,
California
| – | -$70K | -1,596 | Closed |
|
|
QT
133
Quantbot Technologies
New York
| – | -$61K | -1,400 | Closed |
|
|
FMA
134
FNY Managed Accounts
New York
| – | -$10K | -230 | Closed |
|
NNI Hedge Fund Activity: Q2 2017 in Review
121 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q2 2017, worth a combined $817M — up 5.6% from $774M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of NNI and 7 opened new positions — a net loss of 7 holders — while 47 trimmed existing stakes and 43 added.
The largest buyer was Vanguard Group, adding an estimated $3.04M. The largest seller was Arrowstreet Capital, cutting an estimated $5.09M.
- 121 institutional investors held Nelnet (NNI) as of Q2 2017, down from 129 in Q1 2017.
- Funds reported $817M of Nelnet stock for Q2 2017, up 5.6% quarter-over-quarter.
- 7 funds opened new Nelnet positions in Q2 2017 and 14 closed out, a net change of -7 holders.
- The largest Nelnet buyer in Q2 2017 was Vanguard Group, an estimated $3.04M added.
- The largest Nelnet seller in Q2 2017 was Arrowstreet Capital, an estimated $5.09M sold.
Based on aggregated 13F filings for Q2 2017.