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153 hedge funds and large institutions have $1.14B invested in Nelnet in 2024 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 45 increasing their positions, 59 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 68 (+2)

4% more capital invested

Capital invested by funds: $1.1B → $1.14B (+$44.3M)

0.92% less ownership

Funds ownership: 46.7%45.78% (-0.92%)

3% less funds holding

Funds holding: 157153 (-4)

15% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 27

24% less repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 59

70% less call options, than puts

Call options by funds: $322K | Put options by funds: $1.09M

Holders
153
Holders Change
-4
Holders Change %
-2.55%
% of All Funds
2.2%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.12%
New
23
Increased
45
Reduced
59
Closed
27
Calls
$322K
Puts
$1.09M
Net Calls
-$766K
Net Calls Change
-$1.16M
Name Holding Trade Value Shares
Change
Change in
Stake
SOW
126
State of Wyoming
Wyoming
$10.6K -$25.5K -290 -72%
CPG
127
Cornerstone Planning Group
New Jersey
$9.85K +$8.96K +102 New
EWA
128
EverSource Wealth Advisors
Alabama
$6.69K +$5.71K +65 +1,083%
HGERS
129
Householder Group Estate & Retirement Specialist
Arizona
$6.36K
GI
130
GAMMA Investing
California
$5.96K +$352 +4 +7%
Comerica Bank
131
Comerica Bank
Texas
$5.39K +$1.49K +17 +43%
BFEC
132
Benjamin F. Edwards & Company
Missouri
$5K
PNC Financial Services Group
133
PNC Financial Services Group
Pennsylvania
$4.07K -$4.83K -55 -56%
PWMG
134
Prestige Wealth Management Group
New Jersey
$3.98K
QCG
135
Quadrant Capital Group
Ohio
$2.56K
MPWT
136
MassMutual Private Wealth & Trust
Connecticut
$2.46K -$264 -3 -10%
Russell Investments Group
137
Russell Investments Group
United Kingdom
$2.37K -$264 -3 -11%
S
138
SignatureFD
Georgia
$2.37K +$176 +2 +9%
JWA
139
JFS Wealth Advisors
Pennsylvania
$2.18K
PFBT
140
Parkside Financial Bank & Trust
Missouri
$1.33K
BIA
141
Bell Investment Advisors
California
$1.14K
BTI
142
Blue Trust Inc
Georgia
$1.14K +$703 +8 +200%
VCM
143
Versant Capital Management
Arizona
$947
Nisa Investment Advisors
144
Nisa Investment Advisors
Missouri
$757 -$88 -1 -11%
SIC
145
SJS Investment Consulting
Ohio
$663
Federated Hermes
146
Federated Hermes
Pennsylvania
$568
PWMG
147
Private Wealth Management Group
New Jersey
$568 +$527 +6 New
DPW
148
DiNuzzo Private Wealth
Pennsylvania
$474
A
149
AlphaQuest
New York
$473 -$281K -3,194 -100%
AWM
150
Avior Wealth Management
Nebraska
$189 +$176 +2 New

NNI Hedge Fund Activity: Q1 2024 in Review

153 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q1 2024, worth a combined $1.14B — up 4% from $1.1B a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of NNI and 23 opened new positions — a net loss of 4 holders — while 59 trimmed existing stakes and 45 added.

The largest buyer was Madison Avenue Partners, opening a new position worth an estimated $25.5M. The largest seller was Empyrean Capital Partners, cutting an estimated $11.2M.

  • 153 institutional investors held Nelnet (NNI) as of Q1 2024, down from 157 in Q4 2023.
  • Funds reported $1.14B of Nelnet stock for Q1 2024, up 4% quarter-over-quarter.
  • 23 funds opened new Nelnet positions in Q1 2024 and 27 closed out, a net change of -4 holders.
  • The largest Nelnet buyer in Q1 2024 was Madison Avenue Partners, an estimated $25.5M added.
  • The largest Nelnet seller in Q1 2024 was Empyrean Capital Partners, an estimated $11.2M sold.

Based on aggregated 13F filings for Q1 2024.