Nelnet
157 hedge funds and large institutions have $1.1B invested in Nelnet in 2023 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 51 increasing their positions, 58 reducing their positions, and 14 closing their positions.
1,527% more call options, than puts
Call options by funds: $423K | Put options by funds: $26K
93% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 14
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
8% more funds holding
Funds holding: 146 → 157 (+11)
0.06% more ownership
Funds ownership: 46.64% → 46.7% (+0.06%)
1% less capital invested
Capital invested by funds: $1.11B → $1.1B (-$11.3M)
12% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.7M |
| 2 |
Millennium Management
New York
|
+$8.31M |
| 3 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$6.85M |
| 4 |
BlackRock
New York
|
+$5.82M |
| 5 |
SA
Sycale Advisors
New York
|
+$3.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Snyder Capital Management
San Francisco,
California
|
-$18.3M |
| 2 |
FMII
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
|
-$15.2M |
| 3 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$9.44M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$7.69M |
| 5 |
EP
Edgestream Partners
Princeton,
New Jersey
|
-$2.59M |
NNI Hedge Fund Activity: Q4 2023 in Review
157 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q4 2023, worth a combined $1.1B — down 1% from $1.11B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new NNI positions and 14 closed out — a net gain of 13 holders — while 51 added to existing stakes and 58 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $10.7M. The largest seller was Snyder Capital Management, cutting an estimated $18.3M.
- 157 institutional investors held Nelnet (NNI) as of Q4 2023, up from 146 in Q3 2023.
- Funds reported $1.1B of Nelnet stock for Q4 2023, down 1% quarter-over-quarter.
- 27 funds opened new Nelnet positions in Q4 2023 and 14 closed out, a net change of +13 holders.
- The largest Nelnet buyer in Q4 2023 was Morgan Stanley, an estimated $10.7M added.
- The largest Nelnet seller in Q4 2023 was Snyder Capital Management, an estimated $18.3M sold.
Based on aggregated 13F filings for Q4 2023.