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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
Two Sigma Advisers, LP4,500$598.3K0.00%+1,400+45.2%Added
Proficio Capital Partners LLC4,440$590.3K0.04%00.0%Unchanged
BNP Paribas Arbitrage, SA4,419$587.5K0.00%+1,151+35.2%Added
Quantinno Capital Management LP4,351$578.5K0.00%+622+16.7%Added
Jain Global LLC4,292$570.7K0.01%+4,292New
MML Investors Services, LLC4,136$549.9K0.00%+372+9.9%Added
Change Path, LLC4,104$545.7K0.01%−340−7.7%Reduced
Arizona State Retirement System3,910$519.9K0.00%−272−6.5%Reduced
Russell Investments Group, Ltd.3,739$497.3K0.00%−245−6.1%Reduced
Legato Capital Management LLC3,652$485.6K0.04%+3,652New
Envestnet Asset Management Inc3,568$474.3K0.00%−290−7.5%Reduced
CWM Advisors, LLC3,525$468.7K0.04%−83−2.3%Reduced
Jump Financial, LLC3,435$456.7K0.01%+565+19.7%Added
Neuberger Berman Group LLC3,380$449.4K0.00%+3,380New
Royal Bank of Canada3,021$401.0K0.00%+290+10.6%Added
Police & Firemen's Retirement System of New Jersey2,849$378.8K0.00%−845−22.9%Reduced
Colony Group, LLC2,814$374.1K0.00%+2,814New
Aigen Investment Management, LP2,708$360.1K0.08%+2,708New
Ameriprise Financial Inc2,707$359.9K0.00%+12+0.4%Added
Engineers Gate Manager LP2,691$357.8K0.00%+2,691New
Comerica Bank2,655$353.0K0.00%+10.0%Added
Axq Capital, LP2,619$348.2K0.08%+126+5.1%Added
Dark Forest Capital Management LP2,543$338.1K0.02%−2,552−50.1%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)2,447$325.4K0.00%−35−1.4%Reduced
Mariner, LLC2,351$312.7K0.00%+2,351New
Ronald Blue Trust, Inc.2,326$309.3K0.00%00.0%Unchanged
FMR LLC2,316$307.9K0.00%+1,332+135.4%Added
Concurrent Investment Advisors, LLC2,208$293.5K0.00%+158+7.7%Added
Lighthouse Investment Partners, LLC2,148$285.6K0.01%+2,148New
Security National Bank of Sioux City Iowa2,100$279.2K0.18%00.0%Unchanged
Entropy Technologies, LP2,089$277.8K0.02%−1,800−46.3%Reduced
ProShare Advisors LLC2,047$272.2K0.00%−158−7.2%Reduced
Voya Investment Management LLC2,046$272.0K0.00%−339−14.2%Reduced
Ieq Capital, LLC1,990$264.6K0.00%+1,990New
CWM, LLC1,900$253.0K0.00%+126+7.1%Added
Swiss Life Asset Management Ltd1,890$251.3K0.00%+1,890New
Mission Creek Capital Partners, Inc.1,761$234.2K0.05%+1,761New
Pictet Asset Management Holding SA1,714$227.9K0.00%00.0%Unchanged
Brevan Howard Capital Management LP1,680$223.4K0.00%−4,570−73.1%Reduced
Verition Fund Management LLC1,600$212.7K0.00%−497−23.7%Reduced
Mercer Global Advisors Inc1,581$210.3K0.00%+1,581New
Ballentine Partners, LLC1,578$209.8K0.00%+1,578New
Jefferies Financial Group Inc.1,552$206.4K0.00%+1,552New
Sequoia Financial Advisors, LLC1,534$204.0K0.00%+1,534New
Abel Hall, LLC1,519$202.0K0.05%+1,519New
Great West Life Assurance Co1,509$200.0K0.00%00.0%Unchanged
Pittenger & Anderson Inc1,272$169.1K0.01%00.0%Unchanged
State of Alaska, Department of Revenue1,113$147.0K0.00%+43+4.0%Added
Tower Research Capital LLC (TRC)1,041$138.4K0.00%+200+23.8%Added
Vestcor Inc1,040$138.0K0.00%00.0%Unchanged
Ancora Advisors, LLC1,034$137.5K0.00%00.0%Unchanged
Allworth Financial LP1,034$137.5K0.00%+4+0.4%Added
Ameritas Investment Partners, Inc.908$120.7K0.00%−170−15.8%Reduced
Wealth Enhancement Advisory Services, LLC797$109.0K0.00%+129+19.3%Added
KBC Group NV747$99.0K0.00%00.0%Unchanged
Kestra Advisory Services, LLC691$91.8K0.00%+691New
Sterling Capital Management LLC645$85.8K0.00%−248−27.8%Reduced
US Bancorp501$66.6K0.00%+291+138.6%Added
Los Angeles Capital Management LLC458$58.8K0.00%+458New
Harbor Capital Advisors, Inc.437$58.0K0.00%−7−1.6%Reduced
Newbridge Financial Services Group, Inc.375$49.9K0.01%00.0%Unchanged
Smartleaf Asset Management LLC368$49.2K0.00%00.0%Unchanged
Amalgamated Bank352$47.0K0.00%−66−15.8%Reduced
Maseco LLP334$44.4K0.00%00.0%Unchanged
EverSource Wealth Advisors, LLC294$39.1K0.00%−94−24.2%Reduced
GAMMA Investing LLC292$38.8K0.00%+4+1.4%Added
Jones Financial Companies LLLP289$38.4K0.00%+64+28.4%Added
Pinnacle Bancorp, Inc.250$33.2K0.01%00.0%Unchanged
Versant Capital Management, Inc246$32.7K0.00%+4+1.7%Added
Caitong International Asset Management Co., Ltd235$31.2K0.01%+235New
Farther Finance Advisors, LLC209$27.8K0.00%−726−77.6%Reduced
Rossby Financial, LCC204$27.1K0.01%+204New
Federation des caisses Desjardins du Quebec200$26.6K0.00%00.0%Unchanged
Public Employees Retirement System of Ohio194$25.8K0.00%−19−8.9%Reduced
Parallel Advisors, LLC169$22.5K0.00%+2+1.2%Added
Advisor Group Holdings, Inc.155$20.7K0.00%−222−58.9%Reduced
Ogorek Anthony Joseph139$18.0K0.00%00.0%Unchanged
Root Financial Partners, LLC116$15.4K0.00%+14+13.7%Added
Rockefeller Capital Management L.P.109$14.5K0.00%+85+354.2%Added
Cornerstone Planning Group LLC110$14.2K0.00%00.0%Unchanged
Danske Bank A/S100$13.3K0.00%+100New
Kemnay Advisory Services Inc.99$13.2K0.00%+99New
IFP Advisors, Inc89$11.8K0.00%+66+287.0%Added
Torren Management, LLC87$11.5K0.01%+87New
Signaturefd, LLC72$9.57K0.00%+49+213.0%Added
Nisa Investment Advisors, LLC69$9.17K0.00%−33−32.4%Reduced
Pinnacle Wealth Planning Services, Inc.68$9.04K0.00%+68New
Covestor Ltd67$9.00K0.00%00.0%Unchanged
BNP PARIBAS ASSET MANAGEMENT Holding S.A.65$9.00K0.00%+15+30.0%Added
Prestige Wealth Management Group LLC42$5.58K0.00%00.0%Unchanged
JFS Wealth Advisors, LLC33$4.39K0.00%+9+37.5%Added
Rothschild Investment LLC32$4.25K0.00%+11+52.4%Added
The PNC Financial Services Group, Inc.31$4.12K0.00%−3−8.8%Reduced
MAI Capital Management30$3.93K0.00%+2+7.1%Added
Massmutual Trust Co FSB26$3.46K0.00%00.0%Unchanged
Private Wealth Management Group, LLC24$3.19K0.00%00.0%Unchanged
SageView Advisory Group, LLC24$3.19K0.00%+24New
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