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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
Engineers Gate Manager LP2,691$357.8K0.00%+2,691New
Ameriprise Financial Inc2,707$359.9K0.00%+12+0.4%Added
Aigen Investment Management, LP2,708$360.1K0.08%+2,708New
Colony Group, LLC2,814$374.1K0.00%+2,814New
Police & Firemen's Retirement System of New Jersey2,849$378.8K0.00%−845−22.9%Reduced
Royal Bank of Canada3,021$401.0K0.00%+290+10.6%Added
Neuberger Berman Group LLC3,380$449.4K0.00%+3,380New
Jump Financial, LLC3,435$456.7K0.01%+565+19.7%Added
CWM Advisors, LLC3,525$468.7K0.04%−83−2.3%Reduced
Envestnet Asset Management Inc3,568$474.3K0.00%−290−7.5%Reduced
Legato Capital Management LLC3,652$485.6K0.04%+3,652New
Russell Investments Group, Ltd.3,739$497.3K0.00%−245−6.1%Reduced
Arizona State Retirement System3,910$519.9K0.00%−272−6.5%Reduced
Change Path, LLC4,104$545.7K0.01%−340−7.7%Reduced
MML Investors Services, LLC4,136$549.9K0.00%+372+9.9%Added
Jain Global LLC4,292$570.7K0.01%+4,292New
Quantinno Capital Management LP4,351$578.5K0.00%+622+16.7%Added
BNP Paribas Arbitrage, SA4,419$587.5K0.00%+1,151+35.2%Added
Proficio Capital Partners LLC4,440$590.3K0.04%00.0%Unchanged
Two Sigma Advisers, LP4,500$598.3K0.00%+1,400+45.2%Added
State of Wisconsin Investment Board4,506$599.1K0.00%−388−7.9%Reduced
RMR Capital Management, LLC4,613$613.3K0.44%−150−3.1%Reduced
Susquehanna Portfolio Strategies, LLC4,684$622.8K0.01%00.0%Unchanged
Gillespie Robinson & Grimm Inc4,804$638.7K0.04%00.0%Unchanged
Gsa Capital Partners LLP4,834$643.0K0.06%+4,834New
Acadian Asset Management LLC5,158$684.0K0.00%+704+15.8%Added
Handelsbanken Fonder AB5,151$685.0K0.00%+800+18.4%Added
Balyasny Asset Management LLC5,411$719.4K0.00%−2,867−34.6%Reduced
Citigroup Inc5,457$725.6K0.00%−25−0.5%Reduced
Integrated Quantitative Investments LLC5,658$752.3K0.16%+4,011+243.5%Added
Janus Henderson Group PLC6,007$798.4K0.00%00.0%Unchanged
MetLife Investment Management6,185$822.4K0.00%−1,286−17.2%Reduced
KLP Kapitalforvaltning AS6,200$824.4K0.00%+200+3.3%Added
Asset Value Investors Ltd6,370$847.0K0.72%−1,910−23.1%Reduced
Teacher Retirement System of Texas6,940$922.7K0.00%−653−8.6%Reduced
QRG Capital Management, Inc.7,074$940.6K0.01%+497+7.6%Added
Manufacturers Life Insurance Company, The7,135$948.7K0.00%−721−9.2%Reduced
Intech Investment Management LLC7,312$972.2K0.01%−861−10.5%Reduced
NorthCrest Asset Manangement, LLC7,492$992.1K0.02%+49+0.7%Added
Mirae Asset Global ETFs Holdings Ltd.7,861$1.05M0.00%−1,057−11.9%Reduced
Deutsche Bank AG8,423$1.12M0.00%−2,589−23.5%Reduced
Wedge Capital Management L L P8,742$1.16M0.02%+81+0.9%Added
Victory Capital Management Inc8,929$1.19M0.00%+7,062+378.3%Added
Militia Capital Partners, LP9,000$1.20M0.45%+9,000New
Price T Rowe Associates Inc9,624$1.28M0.00%−1,857−16.2%Reduced
Fieldview Capital Management, LLC10,523$1.40M0.24%+10,523New
Lazard Asset Management LLC11,027$1.47M0.00%+11,027New
Point72 Asset Management, L.P.11,810$1.57M0.00%+11,810New
Bank of America Corp11,911$1.58M0.00%−10,814−47.6%Reduced
SG Americas Securities, LLC11,992$1.59M0.00%+11,992New
Pilgrim Partners Asia Pte Ltd12,000$1.60M0.77%00.0%Unchanged
Quest Partners LLC12,970$1.72M0.10%+12,574+3,175.3%Added
SEI Investments Co13,004$1.73M0.00%−210−1.6%Reduced
Creative Planning13,145$1.75M0.00%+2,318+21.4%Added
Wells Fargo & Company13,188$1.75M0.00%+2,654+25.2%Added
California State Teachers Retirement System13,250$1.76M0.00%+257+2.0%Added
Anchor Capital Advisors LLC14,041$1.87M0.05%+1,004+7.7%Added
Legal & General Group Plc14,105$1.88M0.00%−170−1.2%Reduced
Susquehanna Fundamental Investments, LLC14,375$1.91M0.07%+11,584+415.0%Added
Connor, Clark & Lunn Investment Management Ltd.15,039$2.00M0.01%−7,023−31.8%Reduced
Alliancebernstein L.P.15,189$2.02M0.00%−3,969−20.7%Reduced
Captrust Financial Advisors15,421$2.05M0.00%−915−5.6%Reduced
New York State Common Retirement Fund15,509$2.06M0.00%+1,100+7.6%Added
First Trust Advisors LP17,182$2.28M0.00%+7,284+73.6%Added
Prescott Group Capital Management, L.L.C.17,203$2.29M0.21%00.0%Unchanged
Barclays PLC17,611$2.34M0.00%−967−5.2%Reduced
Invesco Ltd.19,539$2.60M0.00%−4,516−18.8%Reduced
Martingale Asset Management L P19,613$2.61M0.07%−5,123−20.7%Reduced
James Investment Research Inc20,758$2.76M0.30%00.0%Unchanged
Y-Intercept (Hong Kong) Ltd21,647$2.88M0.06%+21,647New
First Manhattan Co21,763$2.89M0.01%+21,763New
Rhumbline Advisers22,865$3.04M0.00%−4,768−17.3%Reduced
Tudor Investment Corp Et Al23,209$3.09M0.02%+8,642+59.3%Added
Algert Global LLC23,434$3.12M0.05%00.0%Unchanged
D.A. Davidson & Co.24,059$3.20M0.02%+961+4.2%Added
Susquehanna International Group, LLP24,190$3.22M0.00%+9,801+68.1%Added
AQR Capital Management LLC24,449$3.25M0.00%+4,271+21.2%Added
Millennium Management LLC25,252$3.36M0.00%−2,740−9.8%Reduced
Two Sigma Investments, LP25,575$3.40M0.01%+18,275+250.3%Added
Nuveen, LLC25,993$3.46M0.00%−2,129−7.6%Reduced
UBS Asset Management Americas Inc27,057$3.60M0.00%−361−1.3%Reduced
Marshall Wace, LLP27,471$3.65M0.00%−23,192−45.8%Reduced
Swiss National Bank27,700$3.68M0.00%+300+1.1%Added
Renaissance Technologies LLC30,200$4.02M0.01%+17,300+134.1%Added
Citadel Advisors LLC30,987$4.12M0.00%−19,006−38.0%Reduced
HRT Financial LP31,992$4.25M0.01%+18,586+138.6%Added
LPL Financial LLC32,625$4.34M0.00%+606+1.9%Added
Edgestream Partners, L.P.34,290$4.56M0.13%+23,850+228.4%Added
HighTower Advisors, LLC34,855$4.63M0.01%−1,834−5.0%Reduced
Brandywine Global Investment Management, LLC38,854$5.17M0.03%−1,100−2.8%Reduced
Denali Advisors LLC44,600$5.93M0.66%+5,600+14.4%Added
Goldman Sachs Group Inc45,190$6.01M0.00%−8,621−16.0%Reduced
Crawford Fund Management, LLC46,090$6.13M1.96%+11,307+32.5%Added
Philadelphia Financial Management of San Francisco, LLC46,910$6.24M1.29%+46,910New
Guardian Wealth Management, Inc.49,228$6.55M3.84%−268−0.5%Reduced
D. E. Shaw & Co., Inc.66,004$8.78M0.01%+2,439+3.8%Added
Lawson Kroeker Investment Management Inc66,142$8.79M2.62%−34,776−34.5%Reduced
Morgan Stanley66,795$8.88M0.00%−10,637−13.7%Reduced
Jane Street Group, LLC69,711$9.27M0.01%+37,300+115.1%Added
Bank of New York Mellon Corp75,169$9.99M0.00%−15,404−17.0%Reduced