Nelnet
128 hedge funds and large institutions have $941M invested in Nelnet in 2019 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 43 increasing their positions, 47 reducing their positions, and 14 closing their positions.
37% more call options, than puts
Call options by funds: $878K | Put options by funds: $642K
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
10% more capital invested
Capital invested by funds: $852M → $941M (+$89.2M)
2% more funds holding
Funds holding: 125 → 128 (+3)
1.51% more ownership
Funds ownership: 50.61% → 52.12% (+1.5%)
9% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 47
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$25.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.7M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$4.6M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$3.78M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$2.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Magnolia Group
Omaha,
Nebraska
|
-$6.58M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$6.06M |
| 3 |
TCM
Tegean Capital Management
New York
|
-$4.44M |
| 4 |
FMII
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
|
-$3.5M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.3M |
NNI Hedge Fund Activity: Q3 2019 in Review
128 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q3 2019, worth a combined $941M — up 10% from $852M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new NNI positions and 14 closed out — a net gain of 3 holders — while 43 added to existing stakes and 47 trimmed.
The largest buyer was Vanguard Group, adding an estimated $25.8M. The largest seller was Magnolia Group, cutting an estimated $6.58M.
- 128 institutional investors held Nelnet (NNI) as of Q3 2019, up from 125 in Q2 2019.
- Funds reported $941M of Nelnet stock for Q3 2019, up 10% quarter-over-quarter.
- 17 funds opened new Nelnet positions in Q3 2019 and 14 closed out, a net change of +3 holders.
- The largest Nelnet buyer in Q3 2019 was Vanguard Group, an estimated $25.8M added.
- The largest Nelnet seller in Q3 2019 was Magnolia Group, an estimated $6.58M sold.
Based on aggregated 13F filings for Q3 2019.