Nelnet
128 hedge funds and large institutions have $859M invested in Nelnet in 2018 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 35 increasing their positions, 49 reducing their positions, and 14 closing their positions.
7% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 14
0% more funds holding
Funds holding: 128 → 128 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.32% less ownership
Funds ownership: 57.45% → 56.13% (-1.3%)
7% less capital invested
Capital invested by funds: $924M → $859M (-$65.1M)
29% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 49
69% less call options, than puts
Call options by funds: $1.85M | Put options by funds: $5.97M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Magnolia Group
Omaha,
Nebraska
|
+$16.9M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$2.71M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$2.19M |
| 4 |
TCM
Tegean Capital Management
New York
|
+$1.35M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Glenhill Advisors
New York
|
-$13.6M |
| 2 |
JIR
James Investment Research
Alpha,
Ohio
|
-$7.85M |
| 3 |
Bank of New York Mellon
New York
|
-$6.47M |
| 4 |
FMII
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
|
-$4.79M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$2.52M |
NNI Hedge Fund Activity: Q1 2018 in Review
128 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q1 2018, worth a combined $859M — down 7% from $924M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new NNI positions and 14 closed out — a net gain of 1 holder — while 35 added to existing stakes and 49 trimmed.
The largest buyer was Magnolia Group, adding an estimated $16.9M. The largest seller was Glenhill Advisors, exiting entirely with an estimated $13.6M sold.
- 128 institutional investors held Nelnet (NNI) as of Q1 2018, unchanged from Q4 2017.
- Funds reported $859M of Nelnet stock for Q1 2018, down 7% quarter-over-quarter.
- 15 funds opened new Nelnet positions in Q1 2018 and 14 closed out, a net change of +1 holder.
- The largest Nelnet buyer in Q1 2018 was Magnolia Group, an estimated $16.9M added.
- The largest Nelnet seller in Q1 2018 was Glenhill Advisors, an estimated $13.6M sold.
Based on aggregated 13F filings for Q1 2018.