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128 hedge funds and large institutions have $790M invested in Nelnet in 2018 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 34 increasing their positions, 52 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

8% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 12

0% more funds holding

Funds holding: 128128 (0)

2.3% less ownership

Funds ownership: 53.93%51.63% (-2.3%)

13% less capital invested

Capital invested by funds: $904M → $790M (-$114M)

35% less repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 52

66% less call options, than puts

Call options by funds: $434K | Put options by funds: $1.28M

Holders
128
Holders Change
Holders Change %
0%
% of All Funds
2.85%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
13
Increased
34
Reduced
52
Closed
12
Calls
$434K
Puts
$1.28M
Net Calls
-$843K
Net Calls Change
+$4.57M
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$129M +$1.97M +36,540 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$87.6M +$1.59M +29,476 +2%
FMII
3
Farmers & Merchants Investments Inc
Nebraska
$76.4M -$9.63M -178,830 -11%
BlackRock
4
BlackRock
New York
$71M +$1.69M +31,420 +2%
Boston Partners
5
Boston Partners
Massachusetts
$54.9M -$6.45M -119,779 -10%
LSV Asset Management
6
LSV Asset Management
Illinois
$49.2M -$1.49M -27,604 -3%
MG
7
Magnolia Group
Nebraska
$45.1M +$9.72M +180,478 +26%
Norges Bank
8
Norges Bank
Norway
$28.8M
Northern Trust
9
Northern Trust
Illinois
$20.5M -$74.5K -1,384 -0.4%
State Street
10
State Street
Massachusetts
$20.4M -$298K -5,540 -1%
GAI
11
General American Investors
New York
$20M +$673K +12,500 +3%
Prudential Financial
12
Prudential Financial
New Jersey
$17.8M -$1.7M -31,589 -9%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$16M +$979K +18,172 +6%
Charles Schwab
14
Charles Schwab
California
$10.4M -$1.42M -26,313 -12%
JP Morgan Chase
15
JP Morgan Chase
New York
$7.95M -$3.42M -63,565 -30%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$7.21M -$1.44M -26,795 -16%
Invesco
17
Invesco
Georgia
$7M +$308K +5,716 +4%
Ameriprise
18
Ameriprise
Minnesota
$6.23M +$205K +3,799 +3%
FP
19
Foundry Partners
Minnesota
$5.9M +$719K +13,358 +13%
TCM
20
Tegean Capital Management
New York
$5.23M +$539K +10,000 +11%
HCM
21
Huber Capital Management
California
$4.67M -$1.2M -22,251 -20%
BGIM
22
Brandywine Global Investment Management
Pennsylvania
$4.63M -$6.79K -126 -0.1%
AllianceBernstein
23
AllianceBernstein
Tennessee
$4.52M -$10.8K -200 -0.2%
JIR
24
James Investment Research
Ohio
$4.49M -$8.68M -161,161 -65%
MCM
25
Matarin Capital Management
New York
$4.47M -$473K -8,781 -9%

NNI Hedge Fund Activity: Q4 2018 in Review

128 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q4 2018, worth a combined $790M — down 13% from $904M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new NNI positions and 12 closed out — a net gain of 1 holder — while 34 added to existing stakes and 52 trimmed.

The largest buyer was Magnolia Group, adding an estimated $9.72M. The largest seller was Man Group, cutting an estimated $11.6M.

  • 128 institutional investors held Nelnet (NNI) as of Q4 2018, unchanged from Q3 2018.
  • Funds reported $790M of Nelnet stock for Q4 2018, down 13% quarter-over-quarter.
  • 13 funds opened new Nelnet positions in Q4 2018 and 12 closed out, a net change of +1 holder.
  • The largest Nelnet buyer in Q4 2018 was Magnolia Group, an estimated $9.72M added.
  • The largest Nelnet seller in Q4 2018 was Man Group, an estimated $11.6M sold.

Based on aggregated 13F filings for Q4 2018.