Nelnet
128 hedge funds and large institutions have $924M invested in Nelnet in 2017 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 40 increasing their positions, 48 reducing their positions, and 7 closing their positions.
519% more call options, than puts
Call options by funds: $2.3M | Put options by funds: $372K
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
9% more funds holding
Funds holding: 117 → 128 (+11)
9% more capital invested
Capital invested by funds: $850M → $924M (+$73.9M)
1.43% more ownership
Funds ownership: 56.02% → 57.45% (+1.4%)
17% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 48
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Glenhill Advisors
New York
|
+$13.4M |
| 2 |
FMII
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
|
+$3.92M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$3.3M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.92M |
| 5 |
MG
Magnolia Group
Omaha,
Nebraska
|
+$2.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$16.3M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$3.86M |
| 3 |
Renaissance Technologies
New York
|
-$2.48M |
| 4 |
ZCM
Zebra Capital Management
Stamford,
Connecticut
|
-$2.29M |
| 5 |
BlackRock
New York
|
-$2.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VCM
126
Versant Capital Management
Phoenix,
Arizona
| $1K | – | – | – |
|
|
NFA
127
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$1.68M | -33,337 | Closed |
|
128
Citadel Advisors
Miami,
Florida
| – | -$1.17M | -23,172 | Closed |
|
129
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.03M | -19,062 | Closed |
|
|
SCA
130
Secor Capital Advisors
New York
| – | -$600K | -11,891 | Closed |
|
|
JG
131
Jefferies Group
New York
| – | -$379K | -7,510 | Closed |
|
132
SG Americas Securities
New York
| – | -$174K | -3,444 | Closed |
|
|
TSW
133
Thompson Siegel & Walmsley
Richmond,
Virginia
| – | -$9K | -186 | Closed |
|
|
IA
134
IFP Advisors
Tampa,
Florida
| – | -$3.89K | -72 | -92% |
|
NNI Hedge Fund Activity: Q4 2017 in Review
128 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q4 2017, worth a combined $924M — up 8.7% from $850M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new NNI positions and 7 closed out — a net gain of 11 holders — while 40 added to existing stakes and 48 trimmed.
The largest buyer was Glenhill Advisors, opening a new position worth an estimated $13.4M. The largest seller was Vanguard Group, cutting an estimated $16.3M.
- 128 institutional investors held Nelnet (NNI) as of Q4 2017, up from 117 in Q3 2017.
- Funds reported $924M of Nelnet stock for Q4 2017, up 8.7% quarter-over-quarter.
- 18 funds opened new Nelnet positions in Q4 2017 and 7 closed out, a net change of +11 holders.
- The largest Nelnet buyer in Q4 2017 was Glenhill Advisors, an estimated $13.4M added.
- The largest Nelnet seller in Q4 2017 was Vanguard Group, an estimated $16.3M sold.
Based on aggregated 13F filings for Q4 2017.