Nelnet
117 hedge funds and large institutions have $850M invested in Nelnet in 2017 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 37 increasing their positions, 48 reducing their positions, and 11 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
33% more call options, than puts
Call options by funds: $1.07M | Put options by funds: $805K
4% more capital invested
Capital invested by funds: $817M → $850M (+$33.3M)
0.53% less ownership
Funds ownership: 56.55% → 56.02% (-0.53%)
3% less funds holding
Funds holding: 121 → 117 (-4)
23% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 48
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$11.5M |
| 2 |
MG
Magnolia Group
Omaha,
Nebraska
|
+$7.83M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$2.03M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$1.74M |
| 5 |
BlackRock
New York
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$13.9M |
| 2 |
FMII
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
|
-$8.85M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$8.65M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.01M |
| 5 |
Renaissance Technologies
New York
|
-$3.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Creative Planning
Overland Park,
Kansas
| – | -$143K | -3,046 | Closed |
|
|
PHK
127
Point72 Hong Kong
Hong Kong
| – | -$3K | -71 | Closed |
|
NNI Hedge Fund Activity: Q3 2017 in Review
117 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q3 2017, worth a combined $850M — up 4.1% from $817M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NNI and 7 opened new positions — a net loss of 4 holders — while 48 trimmed existing stakes and 37 added.
The largest buyer was Norges Bank, adding an estimated $11.5M. The largest seller was Thompson Siegel & Walmsley, cutting an estimated $13.9M.
- 117 institutional investors held Nelnet (NNI) as of Q3 2017, down from 121 in Q2 2017.
- Funds reported $850M of Nelnet stock for Q3 2017, up 4.1% quarter-over-quarter.
- 7 funds opened new Nelnet positions in Q3 2017 and 11 closed out, a net change of -4 holders.
- The largest Nelnet buyer in Q3 2017 was Norges Bank, an estimated $11.5M added.
- The largest Nelnet seller in Q3 2017 was Thompson Siegel & Walmsley, an estimated $13.9M sold.
Based on aggregated 13F filings for Q3 2017.