Nelnet
117 hedge funds and large institutions have $670M invested in Nelnet in 2020 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 41 increasing their positions, 41 reducing their positions, and 22 closing their positions.
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
10% more call options, than puts
Call options by funds: $990K | Put options by funds: $899K
0% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 41
2.3% less ownership
Funds ownership: 54.12% → 51.82% (-2.3%)
8% less funds holding
Funds holding: 127 → 117 (-10)
25% less capital invested
Capital invested by funds: $896M → $670M (-$226M)
32% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
Sycale Advisors
New York
|
+$10.4M |
| 2 |
HCM
Harspring Capital Management
New York
|
+$8.14M |
| 3 |
Goldman Sachs
New York
|
+$6.58M |
| 4 |
EFM
Ennismore Fund Management
London,
United Kingdom
|
+$5.64M |
| 5 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$8.69M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$6.81M |
| 3 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$4.87M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$4.42M |
| 5 |
TCM
Tegean Capital Management
New York
|
-$3.23M |
NNI Hedge Fund Activity: Q1 2020 in Review
117 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q1 2020, worth a combined $670M — down 25% from $896M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of NNI and 15 opened new positions — a net loss of 7 holders — while 41 trimmed existing stakes and 41 added.
The largest buyer was Sycale Advisors, adding an estimated $10.4M. The largest seller was Boston Partners, cutting an estimated $8.69M.
- 117 institutional investors held Nelnet (NNI) as of Q1 2020, down from 127 in Q4 2019.
- Funds reported $670M of Nelnet stock for Q1 2020, down 25% quarter-over-quarter.
- 15 funds opened new Nelnet positions in Q1 2020 and 22 closed out, a net change of -7 holders.
- The largest Nelnet buyer in Q1 2020 was Sycale Advisors, an estimated $10.4M added.
- The largest Nelnet seller in Q1 2020 was Boston Partners, an estimated $8.69M sold.
Based on aggregated 13F filings for Q1 2020.