Nelnet
128 hedge funds and large institutions have $790M invested in Nelnet in 2018 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 34 increasing their positions, 52 reducing their positions, and 12 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
0% more funds holding
Funds holding: 128 → 128 (0)
2.3% less ownership
Funds ownership: 53.93% → 51.63% (-2.3%)
13% less capital invested
Capital invested by funds: $904M → $790M (-$114M)
35% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 52
66% less call options, than puts
Call options by funds: $434K | Put options by funds: $1.28M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Magnolia Group
Omaha,
Nebraska
|
+$9.72M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.97M |
| 3 |
WSL
Western Standard LLC
Los Angeles,
California
|
+$1.76M |
| 4 |
BlackRock
New York
|
+$1.69M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
-$11.6M |
| 2 |
FMII
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
|
-$9.63M |
| 3 |
JIR
James Investment Research
Alpha,
Ohio
|
-$8.68M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$6.45M |
| 5 |
JP Morgan Chase
New York
|
-$3.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Arrowstreet Capital
Boston,
Massachusetts
| – | -$1.93M | -33,695 | Closed |
|
|
RA
127
Royce & Associates
New York
| – | -$984K | -17,218 | Closed |
|
|
SIM
128
Spark Investment Management
New York
| – | -$880K | -15,400 | Closed |
|
|
ECM
129
Element Capital Management
New York
| – | -$367K | -6,422 | Closed |
|
130
Acadian Asset Management
Boston,
Massachusetts
| – | -$360K | -6,299 | Closed |
|
|
WI
131
WBI Investments
Red Bank,
New Jersey
| – | -$267K | -4,675 | Closed |
|
132
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$257K | -4,509 | Closed |
|
133
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
| – | -$232K | -4,018 | Closed |
|
|
BC
134
Burney Company
Reston,
Virginia
| – | -$216K | -3,775 | Closed |
|
135
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$16K | -287 | Closed |
|
|
APP
136
Avantax Planning Partners
Dubuque,
Iowa
| – | -$12K | -202 | Closed |
|
|
PCM
137
Prelude Capital Management
New York
| – | -$7K | -127 | Closed |
|
NNI Hedge Fund Activity: Q4 2018 in Review
128 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q4 2018, worth a combined $790M — down 13% from $904M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new NNI positions and 12 closed out — a net gain of 1 holder — while 34 added to existing stakes and 52 trimmed.
The largest buyer was Magnolia Group, adding an estimated $9.72M. The largest seller was Man Group, cutting an estimated $11.6M.
- 128 institutional investors held Nelnet (NNI) as of Q4 2018, unchanged from Q3 2018.
- Funds reported $790M of Nelnet stock for Q4 2018, down 13% quarter-over-quarter.
- 13 funds opened new Nelnet positions in Q4 2018 and 12 closed out, a net change of +1 holder.
- The largest Nelnet buyer in Q4 2018 was Magnolia Group, an estimated $9.72M added.
- The largest Nelnet seller in Q4 2018 was Man Group, an estimated $11.6M sold.
Based on aggregated 13F filings for Q4 2018.