Nelnet
146 hedge funds and large institutions have $1.11B invested in Nelnet in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 55 increasing their positions, 53 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
1% more funds holding
Funds holding: 144 → 146 (+2)
4% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 53
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0.35% less ownership
Funds ownership: 46.99% → 46.64% (-0.35%)
8% less capital invested
Capital invested by funds: $1.21B → $1.11B (-$96.9M)
83% less call options, than puts
Call options by funds: $197K | Put options by funds: $1.16M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BP
Bandera Partners
New York
|
+$8.32M |
| 2 |
SA
Sycale Advisors
New York
|
+$5.08M |
| 3 |
EP
Edgestream Partners
Princeton,
New Jersey
|
+$2.2M |
| 4 |
HF
HRT Financial
New York
|
+$1.95M |
| 5 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$1.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$10.6M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.5M |
| 3 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$2.65M |
| 4 |
Renaissance Technologies
New York
|
-$2.45M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$2.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SNBOSCI
151
Security National Bank of Sioux City Iowa
Sioux City,
Iowa
| – | -$203K | -2,100 | Closed |
|
152
Russell Investments Group
London,
United Kingdom
| – | -$16.9K | -175 | Closed |
|
|
DI
153
Disciplined Investments
Tulsa,
Oklahoma
| – | -$675 | -7 | Closed |
|
NNI Hedge Fund Activity: Q3 2023 in Review
146 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q3 2023, worth a combined $1.11B — down 8% from $1.21B a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NNI positions and 8 closed out — a net gain of 2 holders — while 55 added to existing stakes and 53 trimmed.
The largest buyer was Bandera Partners, adding an estimated $8.32M. The largest seller was Vanguard Group, cutting an estimated $10.6M.
- 146 institutional investors held Nelnet (NNI) as of Q3 2023, up from 144 in Q2 2023.
- Funds reported $1.11B of Nelnet stock for Q3 2023, down 8% quarter-over-quarter.
- 10 funds opened new Nelnet positions in Q3 2023 and 8 closed out, a net change of +2 holders.
- The largest Nelnet buyer in Q3 2023 was Bandera Partners, an estimated $8.32M added.
- The largest Nelnet seller in Q3 2023 was Vanguard Group, an estimated $10.6M sold.
Based on aggregated 13F filings for Q3 2023.