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117 hedge funds and large institutions have $850M invested in Nelnet in 2017 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 37 increasing their positions, 48 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

33% more call options, than puts

Call options by funds: $1.07M | Put options by funds: $805K

4% more capital invested

Capital invested by funds: $817M → $850M (+$33.3M)

0.53% less ownership

Funds ownership: 56.55%56.02% (-0.53%)

3% less funds holding

Funds holding: 121117 (-4)

23% less repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 48

36% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 11

Holders
117
Holders Change
-4
Holders Change %
-3.31%
% of All Funds
2.92%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
7
Increased
37
Reduced
48
Closed
11
Calls
$1.07M
Puts
$805K
Net Calls
+$266K
Net Calls Change
+$1.66M
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$117M +$871K +18,163 +0.8%
Vanguard Group
2
Vanguard Group
Pennsylvania
$96.3M -$8.65M -180,545 -9%
FMII
3
Farmers & Merchants Investments Inc
Nebraska
$83.1M -$8.85M -184,720 -10%
BlackRock
4
BlackRock
New York
$66M +$1.71M +35,626 +3%
Boston Partners
5
Boston Partners
Massachusetts
$54M +$1.11M +23,092 +2%
Northern Trust
6
Northern Trust
Illinois
$53.4M +$142K +2,972 +0.3%
LSV Asset Management
7
LSV Asset Management
Illinois
$50M -$959K -20,000 -2%
Norges Bank
8
Norges Bank
Norway
$33.1M +$11.5M +240,219 +58%
State Street
9
State Street
Massachusetts
$20.7M +$32.6K +681 +0.2%
JIR
10
James Investment Research
Ohio
$20.2M -$5.85K -122 -0%
GAI
11
General American Investors
New York
$19.7M -$1.68M -35,000 -8%
Prudential Financial
12
Prudential Financial
New Jersey
$19.2M -$717K -14,960 -4%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$15.4M -$257K -5,351 -2%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$14.7M -$497K -10,365 -3%
NI
15
Numeric Investors
Massachusetts
$12.8M +$1.74M +36,300 +17%
JP Morgan Chase
16
JP Morgan Chase
New York
$12.4M -$629K -13,125 -5%
Renaissance Technologies
17
Renaissance Technologies
New York
$10.2M -$3.03M -63,300 -24%
MG
18
Magnolia Group
Nebraska
$8.25M +$7.83M +163,350 New
Charles Schwab
19
Charles Schwab
California
$8.03M -$262K -5,459 -3%
BCM
20
Bridgeway Capital Management
Texas
$7.37M +$19.2K +400 +0.3%
HCM
21
Huber Capital Management
California
$7.3M -$225K -4,700 -3%
Invesco
22
Invesco
Georgia
$7.01M -$96K -2,002 -1%
Ameriprise
23
Ameriprise
Minnesota
$6.9M -$420K -8,768 -6%
FP
24
Foundry Partners
Minnesota
$6.76M +$447K +9,320 +7%
AQR Capital Management
25
AQR Capital Management
Connecticut
$5.53M +$621K +12,953 +13%

NNI Hedge Fund Activity: Q3 2017 in Review

117 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q3 2017, worth a combined $850M — up 4.1% from $817M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of NNI and 7 opened new positions — a net loss of 4 holders — while 48 trimmed existing stakes and 37 added.

The largest buyer was Norges Bank, adding an estimated $11.5M. The largest seller was Thompson Siegel & Walmsley, cutting an estimated $13.9M.

  • 117 institutional investors held Nelnet (NNI) as of Q3 2017, down from 121 in Q2 2017.
  • Funds reported $850M of Nelnet stock for Q3 2017, up 4.1% quarter-over-quarter.
  • 7 funds opened new Nelnet positions in Q3 2017 and 11 closed out, a net change of -4 holders.
  • The largest Nelnet buyer in Q3 2017 was Norges Bank, an estimated $11.5M added.
  • The largest Nelnet seller in Q3 2017 was Thompson Siegel & Walmsley, an estimated $13.9M sold.

Based on aggregated 13F filings for Q3 2017.