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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, Q4 2025

Institutional positions in Nelnet Inc as of Dec 31, 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
220
+18 vs. Q3 2025
Shares held
11.6M
−267.1K (−2.2%) vs. Q3 2025
Total value
$1.55B
+$54.6M (+3.7%) vs. Q3 2025
New holders
38
65 more added
Sold out
20
73 more reduced

2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 220 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 heldQ4 2025: $1.55B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Nelnet Inc; share changes are against Q3 2025.

Institutions holding NNI in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
TFC Financial Management1$1330.00%00.0%Unchanged
Harbour Investments, Inc.1$1330.00%00.0%Unchanged
Godfrey Financial Associates, Inc.1$1330.00%+1New
SRS Capital Advisors, Inc.2$2660.00%−231−99.1%Reduced
Ameriflex Group, Inc.2$2660.00%−2−50.0%Reduced
Bay Harbor Wealth Management, LLC3$3980.00%00.0%Unchanged
HFM Investment Advisors, LLC3$3990.00%00.0%Unchanged
Rialto Wealth Management, LLC4$5320.00%+1+33.3%Added
True Wealth Design, LLC6$7980.00%−1−14.3%Reduced
DiNuzzo Private Wealth, Inc.6$7980.00%00.0%Unchanged
Marquette Asset Management, LLC8$1.06K0.00%+8New
GWM Advisors LLC8$1.06K0.00%+8New
Fortitude Family Office, LLC10$1.33K0.00%00.0%Unchanged
Bell Investment Advisors, Inc12$1.60K0.00%00.0%Unchanged
SJS Investment Consulting Inc.12$1.61K0.00%00.0%Unchanged
Keating Financial Advisory Services, Inc.19$2.53K0.00%+19New
Parkside Financial Bank & Trust19$2.53K0.00%00.0%Unchanged
SBI Securities Co., Ltd.20$2.66K0.00%00.0%Unchanged
Essential Partners LLC21$2.79K0.00%+2+10.5%Added
Manchester Capital Management LLC23$3.06K0.00%−1−4.2%Reduced
Optiver Holding B.V.24$3.19K0.00%−66−73.3%Reduced
Larson Financial Group LLC24$3.19K0.00%00.0%Unchanged
Dogwood Wealth Management LLC24$3.19K0.00%00.0%Unchanged
Private Wealth Management Group, LLC24$3.19K0.00%00.0%Unchanged
SageView Advisory Group, LLC24$3.19K0.00%+24New
Massmutual Trust Co FSB26$3.46K0.00%00.0%Unchanged
MAI Capital Management30$3.93K0.00%+2+7.1%Added
The PNC Financial Services Group, Inc.31$4.12K0.00%−3−8.8%Reduced
Rothschild Investment LLC32$4.25K0.00%+11+52.4%Added
JFS Wealth Advisors, LLC33$4.39K0.00%+9+37.5%Added
Prestige Wealth Management Group LLC42$5.58K0.00%00.0%Unchanged
Covestor Ltd67$9.00K0.00%00.0%Unchanged
BNP PARIBAS ASSET MANAGEMENT Holding S.A.65$9.00K0.00%+15+30.0%Added
Pinnacle Wealth Planning Services, Inc.68$9.04K0.00%+68New
Nisa Investment Advisors, LLC69$9.17K0.00%−33−32.4%Reduced
Signaturefd, LLC72$9.57K0.00%+49+213.0%Added
Torren Management, LLC87$11.5K0.01%+87New
IFP Advisors, Inc89$11.8K0.00%+66+287.0%Added
Kemnay Advisory Services Inc.99$13.2K0.00%+99New
Danske Bank A/S100$13.3K0.00%+100New
Cornerstone Planning Group LLC110$14.2K0.00%00.0%Unchanged
Rockefeller Capital Management L.P.109$14.5K0.00%+85+354.2%Added
Root Financial Partners, LLC116$15.4K0.00%+14+13.7%Added
Ogorek Anthony Joseph139$18.0K0.00%00.0%Unchanged
Advisor Group Holdings, Inc.155$20.7K0.00%−222−58.9%Reduced
Parallel Advisors, LLC169$22.5K0.00%+2+1.2%Added
Public Employees Retirement System of Ohio194$25.8K0.00%−19−8.9%Reduced
Federation des caisses Desjardins du Quebec200$26.6K0.00%00.0%Unchanged
Rossby Financial, LCC204$27.1K0.01%+204New
Farther Finance Advisors, LLC209$27.8K0.00%−726−77.6%Reduced
Caitong International Asset Management Co., Ltd235$31.2K0.01%+235New
Versant Capital Management, Inc246$32.7K0.00%+4+1.7%Added
Pinnacle Bancorp, Inc.250$33.2K0.01%00.0%Unchanged
Jones Financial Companies LLLP289$38.4K0.00%+64+28.4%Added
GAMMA Investing LLC292$38.8K0.00%+4+1.4%Added
EverSource Wealth Advisors, LLC294$39.1K0.00%−94−24.2%Reduced
Maseco LLP334$44.4K0.00%00.0%Unchanged
Amalgamated Bank352$47.0K0.00%−66−15.8%Reduced
Smartleaf Asset Management LLC368$49.2K0.00%00.0%Unchanged
Newbridge Financial Services Group, Inc.375$49.9K0.01%00.0%Unchanged
Harbor Capital Advisors, Inc.437$58.0K0.00%−7−1.6%Reduced
Los Angeles Capital Management LLC458$58.8K0.00%+458New
US Bancorp501$66.6K0.00%+291+138.6%Added
Sterling Capital Management LLC645$85.8K0.00%−248−27.8%Reduced
Kestra Advisory Services, LLC691$91.8K0.00%+691New
KBC Group NV747$99.0K0.00%00.0%Unchanged
Wealth Enhancement Advisory Services, LLC797$109.0K0.00%+129+19.3%Added
Ameritas Investment Partners, Inc.908$120.7K0.00%−170−15.8%Reduced
Ancora Advisors, LLC1,034$137.5K0.00%00.0%Unchanged
Allworth Financial LP1,034$137.5K0.00%+4+0.4%Added
Vestcor Inc1,040$138.0K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)1,041$138.4K0.00%+200+23.8%Added
State of Alaska, Department of Revenue1,113$147.0K0.00%+43+4.0%Added
Pittenger & Anderson Inc1,272$169.1K0.01%00.0%Unchanged
Great West Life Assurance Co1,509$200.0K0.00%00.0%Unchanged
Abel Hall, LLC1,519$202.0K0.05%+1,519New
Sequoia Financial Advisors, LLC1,534$204.0K0.00%+1,534New
Jefferies Financial Group Inc.1,552$206.4K0.00%+1,552New
Ballentine Partners, LLC1,578$209.8K0.00%+1,578New
Mercer Global Advisors Inc1,581$210.3K0.00%+1,581New
Verition Fund Management LLC1,600$212.7K0.00%−497−23.7%Reduced
Brevan Howard Capital Management LP1,680$223.4K0.00%−4,570−73.1%Reduced
Pictet Asset Management Holding SA1,714$227.9K0.00%00.0%Unchanged
Mission Creek Capital Partners, Inc.1,761$234.2K0.05%+1,761New
Swiss Life Asset Management Ltd1,890$251.3K0.00%+1,890New
CWM, LLC1,900$253.0K0.00%+126+7.1%Added
Ieq Capital, LLC1,990$264.6K0.00%+1,990New
Voya Investment Management LLC2,046$272.0K0.00%−339−14.2%Reduced
ProShare Advisors LLC2,047$272.2K0.00%−158−7.2%Reduced
Entropy Technologies, LP2,089$277.8K0.02%−1,800−46.3%Reduced
Security National Bank of Sioux City Iowa2,100$279.2K0.18%00.0%Unchanged
Lighthouse Investment Partners, LLC2,148$285.6K0.01%+2,148New
Concurrent Investment Advisors, LLC2,208$293.5K0.00%+158+7.7%Added
FMR LLC2,316$307.9K0.00%+1,332+135.4%Added
Ronald Blue Trust, Inc.2,326$309.3K0.00%00.0%Unchanged
Mariner, LLC2,351$312.7K0.00%+2,351New
Zurcher Kantonalbank (Zurich Cantonalbank)2,447$325.4K0.00%−35−1.4%Reduced
Dark Forest Capital Management LP2,543$338.1K0.02%−2,552−50.1%Reduced
Axq Capital, LP2,619$348.2K0.08%+126+5.1%Added
Comerica Bank2,655$353.0K0.00%+10.0%Added