Nelnet
120 hedge funds and large institutions have $659M invested in Nelnet in 2020 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 36 increasing their positions, 52 reducing their positions, and 9 closing their positions.
448% more call options, than puts
Call options by funds: $2.12M | Put options by funds: $387K
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
3% more funds holding
Funds holding: 117 → 120 (+3)
2% less capital invested
Capital invested by funds: $670M → $659M (-$10.5M)
2.41% less ownership
Funds ownership: 51.82% → 49.41% (-2.4%)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
31% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Magnolia Group
Omaha,
Nebraska
|
+$14.7M |
| 2 |
FMII
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
|
+$2.86M |
| 3 |
Renaissance Technologies
New York
|
+$2.35M |
| 4 |
JP Morgan Chase
New York
|
+$1.87M |
| 5 |
EFM
Ennismore Fund Management
London,
United Kingdom
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$18.8M |
| 2 |
HCM
Harspring Capital Management
New York
|
-$15M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.42M |
| 4 |
Goldman Sachs
New York
|
-$5.02M |
| 5 |
BlackRock
New York
|
-$3.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HSA
126
Hussman Strategic Advisors
Ellicott City,
Maryland
| – | -$908K | -20,000 | Closed |
|
|
DIM
127
DC Investments Management
Mclean,
Virginia
| – | -$274K | -6,036 | Closed |
|
|
NM
128
Newtyn Management
New York
| – | -$18K | -400 | Closed |
|
129
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$561 | +12 | +400% |
|
NNI Hedge Fund Activity: Q2 2020 in Review
120 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q2 2020, worth a combined $659M — down 1.6% from $670M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new NNI positions and 9 closed out — a net gain of 4 holders — while 36 added to existing stakes and 52 trimmed.
The largest buyer was Magnolia Group, adding an estimated $14.7M. The largest seller was Vanguard Group, cutting an estimated $18.8M.
- 120 institutional investors held Nelnet (NNI) as of Q2 2020, up from 117 in Q1 2020.
- Funds reported $659M of Nelnet stock for Q2 2020, down 1.6% quarter-over-quarter.
- 13 funds opened new Nelnet positions in Q2 2020 and 9 closed out, a net change of +4 holders.
- The largest Nelnet buyer in Q2 2020 was Magnolia Group, an estimated $14.7M added.
- The largest Nelnet seller in Q2 2020 was Vanguard Group, an estimated $18.8M sold.
Based on aggregated 13F filings for Q2 2020.