Nelnet
150 hedge funds and large institutions have $992M invested in Nelnet in 2022 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 46 increasing their positions, 58 reducing their positions, and 13 closing their positions.
154% more call options, than puts
Call options by funds: $2.47M | Put options by funds: $973K
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
31% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 13
3% more funds holding
Funds holding: 146 → 150 (+4)
0.3% less ownership
Funds ownership: 47.49% → 47.19% (-0.3%)
9% less capital invested
Capital invested by funds: $1.09B → $992M (-$101M)
21% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
Sycale Advisors
New York
|
+$10.1M |
| 2 |
SCM
Snyder Capital Management
San Francisco,
California
|
+$4.4M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$3.26M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$2.18M |
| 5 |
Goldman Sachs
New York
|
+$1.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMII
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
|
-$15.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.5M |
| 3 |
BlackRock
New York
|
-$5.09M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.99M |
| 5 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$2.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Truist Financial
Charlotte,
North Carolina
| – | -$438K | -5,140 | Closed |
|
152
T. Rowe Price Associates
Baltimore,
Maryland
| – | -$405K | -4,747 | Closed |
|
153
Handelsbanken Fonder
Stockholm,
Sweden
| – | -$303K | -3,551 | Closed |
|
|
QT
154
Quantbot Technologies
New York
| – | -$263K | -3,091 | Closed |
|
155
Renaissance Technologies
New York
| – | -$230K | -2,700 | Closed |
|
|
VI
156
Versor Investments
New York
| – | -$222K | -2,600 | Closed |
|
|
MAM
157
Martingale Asset Management
Boston,
Massachusetts
| – | -$205K | -2,403 | Closed |
|
158
Lazard Asset Management
New York
| – | -$30K | -357 | Closed |
|
|
SFG
159
Steward Financial Group
Colleyville,
Texas
| – | -$1K | -15 | Closed |
|
|
TCWM
160
Total Clarity Wealth Management
St. Charles,
Illinois
| – | -$1K | -15 | Closed |
|
|
AF
161
Allworth Financial
Folsom,
California
| – | +$87 | +1 | New |
|
|
SIC
162
SJS Investment Consulting
Sylvania,
Ohio
| – | +$435 | +5 | New |
|
NNI Hedge Fund Activity: Q3 2022 in Review
150 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q3 2022, worth a combined $992M — down 9.3% from $1.09B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new NNI positions and 13 closed out — a net gain of 4 holders — while 46 added to existing stakes and 58 trimmed.
The largest buyer was Sycale Advisors, adding an estimated $10.1M. The largest seller was Farmers & Merchants Investments Inc, cutting an estimated $15.7M.
- 150 institutional investors held Nelnet (NNI) as of Q3 2022, up from 146 in Q2 2022.
- Funds reported $992M of Nelnet stock for Q3 2022, down 9.3% quarter-over-quarter.
- 17 funds opened new Nelnet positions in Q3 2022 and 13 closed out, a net change of +4 holders.
- The largest Nelnet buyer in Q3 2022 was Sycale Advisors, an estimated $10.1M added.
- The largest Nelnet seller in Q3 2022 was Farmers & Merchants Investments Inc, an estimated $15.7M sold.
Based on aggregated 13F filings for Q3 2022.