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144 hedge funds and large institutions have $1.21B invested in Nelnet in 2023 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 49 increasing their positions, 51 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

532% more call options, than puts

Call options by funds: $733K | Put options by funds: $116K

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

5% more capital invested

Capital invested by funds: $1.15B → $1.21B (+$56.7M)

4% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 51

3.16% less ownership

Funds ownership: 50.15%46.99% (-3.2%)

5% less funds holding

Funds holding: 151144 (-7)

29% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 21

Holders
144
Holders Change
-7
Holders Change %
-4.64%
% of All Funds
2.26%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.08%
New
15
Increased
49
Reduced
51
Closed
21
Calls
$733K
Puts
$116K
Net Calls
+$617K
Net Calls Change
-$602K
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$201M -$2.4M -25,269 -1%
MG
2
Magnolia Group
Nebraska
$183M
Vanguard Group
3
Vanguard Group
Pennsylvania
$137M +$10.2M +107,391 +8%
FMII
4
Farmers & Merchants Investments Inc
Nebraska
$132M +$23.3K +245 +0%
BlackRock
5
BlackRock
New York
$105M +$2M +21,038 +2%
ECP
6
Empyrean Capital Partners
California
$46.3M
State Street
7
State Street
Massachusetts
$31.9M +$167K +1,763 +0.5%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$30.7M +$833K +8,769 +3%
SCM
9
Snyder Capital Management
California
$27.7M -$87.1K -917 -0.3%
SA
10
Sycale Advisors
New York
$25.2M +$1.81M +19,007 +8%
Northern Trust
11
Northern Trust
Illinois
$23.9M +$221K +2,326 +0.9%
GAI
12
General American Investors
New York
$23.5M
QF
13
QVT Financial
New York
$22.2M
JP Morgan Chase
14
JP Morgan Chase
New York
$19.8M +$1.06M +11,135 +6%
Charles Schwab
15
Charles Schwab
California
$18.1M -$385K -4,050 -2%
Boston Partners
16
Boston Partners
Massachusetts
$17M -$6.45M -67,868 -28%
American Century Companies
17
American Century Companies
Missouri
$11.5M +$428K +4,503 +4%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$10.3M -$155K -1,636 -2%
BHWM
19
Bar Harbor Wealth Management
New Hampshire
$9.89M +$29.3K +308 +0.3%
Morgan Stanley
20
Morgan Stanley
New York
$5.97M +$324K +3,416 +6%
HighTower Advisors
21
HighTower Advisors
Illinois
$5.75M -$47.2K -497 -0.8%
AllianceBernstein
22
AllianceBernstein
Tennessee
$5.65M -$553K -5,820 -9%
BGIM
23
Brandywine Global Investment Management
Pennsylvania
$5.42M +$3.51K +37 +0.1%
Ameriprise
24
Ameriprise
Minnesota
$5.09M +$244K +2,568 +5%
N
25
Nuveen
North Carolina
$5.07M +$1.67M +17,629 +51%

NNI Hedge Fund Activity: Q2 2023 in Review

144 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q2 2023, worth a combined $1.21B — up 4.9% from $1.15B a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of NNI and 15 opened new positions — a net loss of 6 holders — while 51 trimmed existing stakes and 49 added.

The largest buyer was Vanguard Group, adding an estimated $10.2M. The largest seller was Envestnet Asset Management, cutting an estimated $69.8M.

  • 144 institutional investors held Nelnet (NNI) as of Q2 2023, down from 151 in Q1 2023.
  • Funds reported $1.21B of Nelnet stock for Q2 2023, up 4.9% quarter-over-quarter.
  • 15 funds opened new Nelnet positions in Q2 2023 and 21 closed out, a net change of -6 holders.
  • The largest Nelnet buyer in Q2 2023 was Vanguard Group, an estimated $10.2M added.
  • The largest Nelnet seller in Q2 2023 was Envestnet Asset Management, an estimated $69.8M sold.

Based on aggregated 13F filings for Q2 2023.