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135 hedge funds and large institutions have $870M invested in Nelnet in 2014 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 44 increasing their positions, 57 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

258% more call options, than puts

Call options by funds: $1.53M | Put options by funds: $429K

0.79% more ownership

Funds ownership: 60.22%61.02% (+0.79%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 18

1% less funds holding

Funds holding: 136135 (-1)

2% less capital invested

Capital invested by funds: $883M → $870M (-$13.5M)

23% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 57

Holders
135
Holders Change
-1
Holders Change %
-0.74%
% of All Funds
3.9%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
18
Increased
44
Reduced
57
Closed
18
Calls
$1.53M
Puts
$429K
Net Calls
+$1.1M
Net Calls Change
+$1.1M
Name Holding Trade Value Shares
Change
Change in
Stake
FMII
1
Farmers & Merchants Investments Inc
Nebraska
$73.1M -$252K -6,375 -0.4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$70.5M +$3.93M +99,669 +6%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$65.5M -$209K -5,287 -0.3%
LSV Asset Management
4
LSV Asset Management
Illinois
$38.1M -$3.05M -77,200 -8%
Northern Trust
5
Northern Trust
Illinois
$36M +$3.04M +77,010 +10%
BIT
6
BlackRock Institutional Trust
California
$34M -$203K -5,150 -0.6%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$30.6M +$958K +24,282 +3%
PFMOSF
8
Philadelphia Financial Management of San Francisco
California
$28.7M +$1.97M +49,986 +8%
Millennium Management
9
Millennium Management
New York
$27.9M +$15.3M +388,483 +133%
BFA
10
BlackRock Fund Advisors
California
$23.7M -$199K -5,051 -0.9%
Boston Partners
11
Boston Partners
Massachusetts
$23.4M -$2.03M -51,487 -8%
JP Morgan Chase
12
JP Morgan Chase
New York
$22.9M +$2.28M +57,690 +12%
CCMLC
13
Cardinal Capital Management LLC (Connecticut)
Connecticut
$22M -$2.84M -71,858 -12%
GAI
14
General American Investors
New York
$21.5M
SC
15
Seawolf Capital
New York
$20.5M +$518K +13,127 +3%
State Street
16
State Street
Massachusetts
$19.3M -$431K -10,921 -2%
NI
17
Numeric Investors
Massachusetts
$19.2M +$1.58M +40,048 +9%
Prudential Financial
18
Prudential Financial
New Jersey
$18.5M -$5.34M -135,200 -23%
JIR
19
James Investment Research
Ohio
$17M +$81.5K +2,065 +0.5%
HCM
20
Huber Capital Management
California
$14.6M -$319K -8,088 -2%
AQR Capital Management
21
AQR Capital Management
Connecticut
$13.5M -$1.78M -45,143 -12%
Wellington Management Group
22
Wellington Management Group
Massachusetts
$12.5M +$4.73M +119,855 +65%
Alyeska Investment Group
23
Alyeska Investment Group
Illinois
$12M +$11.6M +294,131 New
Renaissance Technologies
24
Renaissance Technologies
New York
$11.2M -$811K -20,558 -7%
FG
25
FSI Group
Ohio
$8.72M +$2.23M +56,446 +36%

NNI Hedge Fund Activity: Q1 2014 in Review

135 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q1 2014, worth a combined $870M — down 1.5% from $883M a quarter earlier.

Fund positioning in NNI was balanced in Q1 2014: 18 funds opened new positions, 18 closed out, 44 added to existing stakes and 57 trimmed.

The largest buyer was Millennium Management, adding an estimated $15.3M. The largest seller was Turner Investments, exiting entirely with an estimated $7M sold.

  • 135 institutional investors held Nelnet (NNI) as of Q1 2014, down from 136 in Q4 2013.
  • Funds reported $870M of Nelnet stock for Q1 2014, down 1.5% quarter-over-quarter.
  • 18 funds opened new Nelnet positions in Q1 2014 and 18 closed out, a net change of 0 holders.
  • The largest Nelnet buyer in Q1 2014 was Millennium Management, an estimated $15.3M added.
  • The largest Nelnet seller in Q1 2014 was Turner Investments, an estimated $7M sold.

Based on aggregated 13F filings for Q1 2014.