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153 hedge funds and large institutions have $1.14B invested in Nelnet in 2024 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 45 increasing their positions, 59 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 68 (+2)

4% more capital invested

Capital invested by funds: $1.1B → $1.14B (+$44.3M)

0.92% less ownership

Funds ownership: 46.7%45.78% (-0.92%)

3% less funds holding

Funds holding: 157153 (-4)

15% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 27

24% less repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 59

70% less call options, than puts

Call options by funds: $322K | Put options by funds: $1.09M

Holders
153
Holders Change
-4
Holders Change %
-2.55%
% of All Funds
2.2%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.12%
New
23
Increased
45
Reduced
59
Closed
27
Calls
$322K
Puts
$1.09M
Net Calls
-$766K
Net Calls Change
-$1.16M
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$197M +$606K +6,892 +0.3%
MG
2
Magnolia Group
Nebraska
$180M
Vanguard Group
3
Vanguard Group
Pennsylvania
$124M +$306K +3,485 +0.3%
FMII
4
Farmers & Merchants Investments Inc
Nebraska
$114M +$1.48M +16,820 +1%
BlackRock
5
BlackRock
New York
$99.4M -$7.18M -81,700 -7%
State Street
6
State Street
Massachusetts
$34.5M +$3.05M +34,671 +11%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$31.4M +$579K +6,587 +2%
SA
8
Sycale Advisors
New York
$29.3M -$4.22M -48,046 -13%
MAP
9
Madison Avenue Partners
New York
$27.5M +$25.5M +290,213 New
GAI
10
General American Investors
New York
$23M
Northern Trust
11
Northern Trust
Illinois
$21.8M -$2.03M -23,047 -9%
QF
12
QVT Financial
New York
$21.7M
ECP
13
Empyrean Capital Partners
California
$20.3M -$11.2M -127,970 -37%
Charles Schwab
14
Charles Schwab
California
$18.4M +$884K +10,057 +5%
JP Morgan Chase
15
JP Morgan Chase
New York
$15M -$1.62M -18,461 -10%
BP
16
Bandera Partners
New York
$12M +$564K +6,417 +5%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$11.1M -$397K -4,514 -4%
American Century Companies
18
American Century Companies
Missouri
$11M -$90.3K -1,027 -0.9%
BHWM
19
Bar Harbor Wealth Management
New Hampshire
$10.2M +$179K +2,042 +2%
LKIM
20
Lawson Kroeker Investment Management
Nebraska
$9.62M +$8.94M +101,676 New
D.E. Shaw & Co
21
D.E. Shaw & Co
New York
$8.81M +$4.41M +50,191 +117%
CFM
22
Crawford Fund Management
Massachusetts
$6.21M
Morgan Stanley
23
Morgan Stanley
New York
$5.64M -$10.9M -123,722 -68%
AllianceBernstein
24
AllianceBernstein
Tennessee
$4.94M -$555K -6,320 -11%
HighTower Advisors
25
HighTower Advisors
Illinois
$4.76M -$1.15M -13,081 -21%

NNI Hedge Fund Activity: Q1 2024 in Review

153 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q1 2024, worth a combined $1.14B — up 4% from $1.1B a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of NNI and 23 opened new positions — a net loss of 4 holders — while 59 trimmed existing stakes and 45 added.

The largest buyer was Madison Avenue Partners, opening a new position worth an estimated $25.5M. The largest seller was Empyrean Capital Partners, cutting an estimated $11.2M.

  • 153 institutional investors held Nelnet (NNI) as of Q1 2024, down from 157 in Q4 2023.
  • Funds reported $1.14B of Nelnet stock for Q1 2024, up 4% quarter-over-quarter.
  • 23 funds opened new Nelnet positions in Q1 2024 and 27 closed out, a net change of -4 holders.
  • The largest Nelnet buyer in Q1 2024 was Madison Avenue Partners, an estimated $25.5M added.
  • The largest Nelnet seller in Q1 2024 was Empyrean Capital Partners, an estimated $11.2M sold.

Based on aggregated 13F filings for Q1 2024.