Nelnet
151 hedge funds and large institutions have $1.15B invested in Nelnet in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 55 increasing their positions, 51 reducing their positions, and 27 closing their positions.
89% more call options, than puts
Call options by funds: $2.59M | Put options by funds: $1.37M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
23% more capital invested
Capital invested by funds: $934M → $1.15B (+$216M)
3.24% more ownership
Funds ownership: 46.91% → 50.15% (+3.2%)
8% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 51
8% less funds holding
Funds holding: 164 → 151 (-13)
48% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$68.8M |
| 2 |
SA
Sycale Advisors
New York
|
+$16.7M |
| 3 |
JP Morgan Chase
New York
|
+$3.73M |
| 4 |
Renaissance Technologies
New York
|
+$1.82M |
| 5 |
QF
QVT Financial
New York
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.94M |
| 2 |
BlackRock
New York
|
-$1.74M |
| 3 |
Millennium Management
New York
|
-$1.53M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$1.22M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$1.19M |
NNI Hedge Fund Activity: Q1 2023 in Review
151 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q1 2023, worth a combined $1.15B — up 23% from $934M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of NNI and 14 opened new positions — a net loss of 13 holders — while 51 trimmed existing stakes and 55 added.
The largest buyer was Envestnet Asset Management, adding an estimated $68.8M. The largest seller was Acadian Asset Management, cutting an estimated $2.94M.
- 151 institutional investors held Nelnet (NNI) as of Q1 2023, down from 164 in Q4 2022.
- Funds reported $1.15B of Nelnet stock for Q1 2023, up 23% quarter-over-quarter.
- 14 funds opened new Nelnet positions in Q1 2023 and 27 closed out, a net change of -13 holders.
- The largest Nelnet buyer in Q1 2023 was Envestnet Asset Management, an estimated $68.8M added.
- The largest Nelnet seller in Q1 2023 was Acadian Asset Management, an estimated $2.94M sold.
Based on aggregated 13F filings for Q1 2023.