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Nelnet Inc

NNI
Exchange
NYSE
Industry
Personal Credit Institutions
SEC CIK
0001258602

No open-market purchases or sales by Nelnet Inc insiders were filed in the last 90 days; 214 institutions reported holding it in 13F filings for Q2 2026, worth $1.57B in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in Nelnet Inc as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
204
+15 vs. Q2 2025
Shares held
11.9M
−104.8K (−0.9%) vs. Q2 2025
Total value
$1.49B
+$38.0M (+2.6%) vs. Q2 2025
New holders
34
65 more added
Sold out
19
63 more reduced

3 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting NNI on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 204 institutions
Q1 2021: 135 institutionsQ2 2021: 136 institutionsQ3 2021: 134 institutionsQ4 2021: 142 institutionsQ1 2022: 150 institutionsQ2 2022: 146 institutionsQ3 2022: 150 institutionsQ4 2022: 164 institutionsQ1 2023: 151 institutionsQ2 2023: 145 institutionsQ3 2023: 146 institutionsQ4 2023: 157 institutionsQ1 2024: 153 institutionsQ2 2024: 159 institutionsQ3 2024: 159 institutionsQ4 2024: 165 institutionsQ1 2025: 179 institutionsQ2 2025: 192 institutionsQ3 2025: 204 institutionsQ4 2025: 220 institutionsQ1 2026: 219 institutionsQ2 2026: 214 institutions
Value heldQ3 2025: $1.49B
Q1 2021: $983.3MQ2 2021: $1.01BQ3 2021: $1.08BQ4 2021: $1.31BQ1 2022: $1.11BQ2 2022: $1.09BQ3 2022: $992.2MQ4 2022: $1.13BQ1 2023: $1.15BQ2 2023: $1.21BQ3 2023: $1.11BQ4 2023: $1.09BQ1 2024: $1.14BQ2 2024: $1.18BQ3 2024: $1.34BQ4 2024: $1.28BQ1 2025: $1.34BQ2 2025: $1.45BQ3 2025: $1.49BQ4 2025: $1.55BQ1 2026: $1.50BQ2 2026: $1.57B
Institutions holding NNI and their total value by quarter
QuarterHoldersValue
Q2 2026214$1.57B
Q1 2026219$1.50B
Q4 2025220$1.55B
Q3 2025204$1.49B
Q2 2025192$1.45B
Q1 2025179$1.34B
Q4 2024165$1.28B
Q3 2024159$1.34B
Q2 2024159$1.18B
Q1 2024153$1.14B
Q4 2023157$1.09B
Q3 2023146$1.11B
Q2 2023145$1.21B
Q1 2023151$1.15B
Q4 2022164$1.13B
Q3 2022150$992.2M
Q2 2022146$1.09B
Q1 2022150$1.11B
Q4 2021142$1.31B
Q3 2021134$1.08B
Q2 2021136$1.01B
Q1 2021135$983.3M

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Nelnet Inc; share changes are against Q2 2025.

Institutions holding NNI in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Dimensional Fund Advisors LP1,886,701$236.6M0.05%−41,223−2.1%Reduced
Magnolia Group, LLC1,668,976$209.3M33.17%00.0%Unchanged
Vanguard Group Inc1,546,041$193.8M0.00%+4,819+0.3%Added
Farmers & Merchants Investments Inc1,183,342$148.4M4.21%−18,920−1.6%Reduced
BlackRock, Inc.999,674$125.3M0.00%−105,981−9.6%Reduced
Geode Capital Management, LLC337,415$42.3M0.00%−46,434−12.1%Reduced
State Street Corp323,659$40.6M0.00%−10,382−3.1%Reduced
General American Investors Co Inc243,415$30.5M1.91%00.0%Unchanged
Empyrean Capital Partners, LP231,000$29.0M1.16%+231,000New
QVT Financial LP229,665$28.8M3.20%00.0%Unchanged
Bragg Financial Advisors, Inc205,998$25.8M0.85%+102,989+100.0%Added
UBS Group AG191,826$24.1M0.00%+76,534+66.4%Added
JPMorgan Chase & Co185,029$23.2M0.00%+12,941+7.5%Added
American Century Companies Inc184,316$23.1M0.01%+41,302+28.9%Added
Northern Trust Corp182,759$22.9M0.00%−16,303−8.2%Reduced
Charles Schwab Investment Management Inc167,498$21.0M0.00%−23,629−12.4%Reduced
Sycale Advisors (NY) LLC147,361$18.5M5.69%−10,694−6.8%Reduced
Charter Trust Co110,594$13.9M0.83%+1,028+0.9%Added
Bandera Partners LLC102,389$12.8M5.63%00.0%Unchanged
Lawson Kroeker Investment Management Inc100,918$12.7M2.31%−98−0.1%Reduced
Qube Research & Technologies Ltd99,917$12.5M0.02%+3,077+3.2%Added
Bank of New York Mellon Corp90,573$11.4M0.00%−1,372−1.5%Reduced
Morgan Stanley77,432$9.71M0.00%−5,567−6.7%Reduced
D. E. Shaw & Co., Inc.63,565$7.97M0.01%+17,173+37.0%Added
Goldman Sachs Group Inc53,811$6.75M0.00%−4,489−7.7%Reduced
Marshall Wace, LLP50,663$6.35M0.01%+4,189+9.0%Added
Citadel Advisors LLC49,993$6.27M0.01%−213−0.4%Reduced
Guardian Wealth Management, Inc.49,496$6.21M3.67%+1,778+3.7%Added
Brandywine Global Investment Management, LLC39,954$5.01M0.03%−1,407−3.4%Reduced
Denali Advisors LLC39,000$4.89M0.55%−5,422−12.2%Reduced
HighTower Advisors, LLC36,689$4.60M0.01%−10,953−23.0%Reduced
Crawford Fund Management, LLC34,783$4.36M2.36%00.0%Unchanged
Jane Street Group, LLC32,411$4.06M0.00%+11,287+53.4%Added
LPL Financial LLC32,019$4.01M0.00%+1,333+4.3%Added
Madison Avenue Partners, LP31,535$3.95M0.24%−112,679−78.1%Reduced
Nuveen, LLC28,122$3.53M0.00%−2,148−7.1%Reduced
Millennium Management LLC27,992$3.51M0.00%+25,333+952.7%Added
Rhumbline Advisers27,633$3.46M0.00%−2,646−8.7%Reduced
UBS Asset Management Americas Inc27,418$3.44M0.00%−21,779−44.3%Reduced
Swiss National Bank27,400$3.44M0.00%+400+1.5%Added
Martingale Asset Management L P24,736$3.10M0.08%−1,487−5.7%Reduced
Invesco Ltd.24,055$3.02M0.00%−2,505−9.4%Reduced
Algert Global LLC23,434$2.94M0.05%+1,170+5.3%Added
D.A. Davidson & Co.23,098$2.90M0.02%+207+0.9%Added
Bank of America Corp22,725$2.85M0.00%−1,473−6.1%Reduced
Connor, Clark & Lunn Investment Management Ltd.22,062$2.77M0.01%+13,777+166.3%Added
James Investment Research Inc20,758$2.60M0.28%00.0%Unchanged
AQR Capital Management LLC20,178$2.53M0.00%+12,656+168.3%Added
Alliancebernstein L.P.19,158$2.40M0.00%+121+0.6%Added
Barclays PLC18,578$2.33M0.00%−7,490−28.7%Reduced
Prescott Group Capital Management, L.L.C.17,203$2.16M0.23%00.0%Unchanged
Captrust Financial Advisors16,336$2.05M0.00%+94+0.6%Added
Tudor Investment Corp Et Al14,567$1.83M0.01%+4,269+41.5%Added
New York State Common Retirement Fund14,409$1.81M0.00%−3,100−17.7%Reduced
Susquehanna International Group, LLP14,389$1.80M0.00%−16,757−53.8%Reduced
Legal & General Group Plc14,275$1.79M0.00%−1,568−9.9%Reduced
HRT Financial LP13,406$1.68M0.01%+7,743+136.7%Added
SEI Investments Co13,214$1.66M0.00%+9,125+223.2%Added
Anchor Capital Advisors LLC13,037$1.63M0.05%+166+1.3%Added
California State Teachers Retirement System12,993$1.63M0.00%+10.0%Added
Renaissance Technologies LLC12,900$1.62M0.00%+2,100+19.4%Added
Pilgrim Partners Asia Pte Ltd12,000$1.50M0.67%+12,000New
Price T Rowe Associates Inc11,481$1.44M0.00%−214−1.8%Reduced
Deutsche Bank AG11,012$1.38M0.00%+1,383+14.4%Added
Creative Planning10,827$1.36M0.00%+2,040+23.2%Added
Wells Fargo & Company10,534$1.32M0.00%+987+10.3%Added
Edgestream Partners, L.P.10,440$1.31M0.04%−633−5.7%Reduced
First Trust Advisors LP9,898$1.24M0.00%−800−7.5%Reduced
Man Group plc9,286$1.16M0.00%+9,286New
Mirae Asset Global ETFs Holdings Ltd.8,918$1.12M0.00%−1,612−15.3%Reduced
Wedge Capital Management L L P8,661$1.09M0.02%+8,661New
Asset Value Investors Ltd8,280$1.04M0.75%00.0%Unchanged
Balyasny Asset Management LLC8,278$1.04M0.00%+8,278New
Intech Investment Management LLC8,173$1.02M0.01%−2,698−24.8%Reduced
Manufacturers Life Insurance Company, The7,856$985.0K0.00%−954−10.8%Reduced
NorthCrest Asset Manangement, LLC7,443$961.1K0.02%+1,129+17.9%Added
Teacher Retirement System of Texas7,593$952.0K0.00%+916+13.7%Added
MetLife Investment Management7,471$936.7K0.00%−884−10.6%Reduced
Two Sigma Investments, LP7,300$915.3K0.00%+7,300New
Trexquant Investment LP6,794$851.8K0.01%+6,794New
QRG Capital Management, Inc.6,577$824.6K0.01%+343+5.5%Added
Brevan Howard Capital Management LP6,250$783.6K0.01%+4,439+245.1%Added
Dauntless Investment Group, LLC6,125$768.0K2.02%00.0%Unchanged
Janus Henderson Group PLC6,007$753.4K0.00%00.0%Unchanged
KLP Kapitalforvaltning AS6,000$752.3K0.00%00.0%Unchanged
Citigroup Inc5,482$687.3K0.00%−3,975−42.0%Reduced
Dark Forest Capital Management LP5,095$638.8K0.02%−10,958−68.3%Reduced
State of Wisconsin Investment Board4,894$613.6K0.00%+1,312+36.6%Added
Gillespie Robinson & Grimm Inc4,804$602.3K0.04%−204−4.1%Reduced
RMR Capital Management, LLC4,763$597.2K0.42%−154−3.1%Reduced
Susquehanna Portfolio Strategies, LLC4,684$587.3K0.01%+4,684New
Change Path, LLC4,444$557.2K0.01%00.0%Unchanged
Acadian Asset Management LLC4,454$557.0K0.00%−7,098−61.4%Reduced
Proficio Capital Partners LLC4,440$556.7K0.04%−60−1.3%Reduced
Caxton Associates LLP4,439$556.6K0.02%+4,439New
Handelsbanken Fonder AB4,351$546.0K0.00%+800+22.5%Added
Arizona State Retirement System4,182$524.3K0.00%+57+1.4%Added
Russell Investments Group, Ltd.3,984$499.5K0.00%+3,524+766.1%Added
Entropy Technologies, LP3,889$487.6K0.04%+3,889New
Envestnet Asset Management Inc3,858$483.8K0.00%−207−5.1%Reduced