Nelnet Inc. Class ANNI

13F holders, Q4 2025 (December 31)
220holders +16
35new positions
20sold out
7famous investors
$132.96avg. 13F price*

At the end of Q4 2025, 220 institutions reported holding Nelnet Inc. Class A (NNI) in their 13F filings, up 16 from Q3 2025. 35 opened new positions and 20 sold out. The largest holders were Dimensional Fund Advisors LP ($245.8M), Magnolia Group, LLC ($221.9M) and Vanguard Group Inc. ($175.2M). 7 famous investors held it, including Paul Tudor Jones (0.0% of Tudor Investment Corporation's portfolio), David E. Shaw (0.0% of D. E. Shaw & Co.'s portfolio) and Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio).

Company
Nelnet Inc. Class A
CUSIP
64031N108
Latest filing quarter
Q2 2026

History

Number of 13F holders

050100150200250 Q1 2024: 153Q1 2024Q2 2024: 159Q2 2024Q3 2024: 159Q3 2024Q4 2024: 164Q4 2024Q1 2025: 178Q1 2025Q2 2025: 191Q2 2025Q3 2025: 204Q3 2025Q4 2025: 220Q4 2025Q1 2026: 219Q1 2026Q2 2026: 214Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions35$25.1M
Exits20$8.8M

All 13F filers, Q3 2025 → Q4 2025: 500,077 shares bought and 767,251 shares sold, net −267,174 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 220 holders

Dimensional Fund Advisors LP 0.05% Reduce -2.0% 1,848,962 $245.8M
Magnolia Group, LLC 36.59% No change 1,668,976 $221.9M
Vanguard Group Inc. 0.00% Reduce -14.8% 1,317,538 $175.2M
Farmers & Merchants Investments Inc. 4.35% Add +0.1% 1,184,351 $157.5M
BlackRock, Inc. 0.00% Reduce -7.5% 925,076 $123.0M
Geode Capital Management, LLC 0.00% Reduce -6.7% 314,823 $41.9M
State Street Corp. 0.00% Reduce -7.8% 298,264 $39.7M
American Century Companies Inc. 0.02% Add +43.4% 264,275 $35.1M
General American Investors Co. Inc. 2.01% No change 243,415 $32.4M
Empyrean Capital Partners, LP 1.15% No change 231,000 $30.7M
QVT Financial LP 2.94% No change 229,665 $30.5M
Bragg Financial Advisors, Inc 0.92% Add +3.2% 212,618 $28.3M
JPMorgan Chase & Co. 0.00% Reduce -1.9% 181,523 $24.1M
Northern Trust Corp. 0.00% Reduce -12.0% 160,788 $21.4M
Charles Schwab Investment Management Inc. 0.00% Reduce -7.6% 154,775 $20.6M
Sycale Advisors (NY) LLC 7.13% Add +3.5% 152,441 $20.3M
UBS Group AG 0.00% Reduce -31.0% 132,408 $17.6M
Bar Harbor Wealth Management 0.85% Reduce -0.3% 110,223 $14.7M
Bandera Partners LLC 6.12% No change 102,389 $13.6M
Qube Research & Technologies Ltd 0.01% Reduce -23.1% 76,814 $10.2M
Bank of New York Mellon Corp 0.00% Reduce -17.0% 75,169 $10.0M
Jane Street Group, LLC 0.01% Add +115.1% 69,711 $9.3M
Morgan Stanley 0.00% Reduce -13.7% 66,795 $8.9M
Lawson Kroeker Investment Management Inc. 2.62% Reduce -34.5% 66,142 $8.8M
D. E. Shaw & Co. 0.01% Add +3.8% 66,004 $8.8M
Guardian Wealth Management, Inc. 3.84% Reduce -0.5% 49,228 $6.5M
Philadelphia Financial Management of San Francisco, LLC 1.29% New 46,910 $6.2M
Crawford Fund Management, LLC 1.96% Add +32.5% 46,090 $6.1M
Goldman Sachs Group Inc. 0.00% Reduce -16.0% 45,190 $6.0M
Denali Advisors LLC 0.66% Add +14.4% 44,600 $5.9M
Brandywine Global Investment Management, LLC 0.04% Reduce -2.8% 38,854 $5.2M
HighTower Advisors, LLC 0.01% Reduce -5.0% 34,855 $4.6M
Edgestream Partners, L.P. 0.13% Add +228.4% 34,290 $4.6M
LPL Financial LLC 0.00% Add +1.9% 32,625 $4.3M
HRT Financial LP 0.01% Add +138.6% 31,992 $4.3M
Citadel Advisors 0.00% Reduce -38.0% 30,987 $4.1M
Renaissance Technologies 0.01% Add +134.1% 30,200 $4.0M
Swiss National Bank 0.00% Add +1.1% 27,700 $3.7M
Marshall Wace, LLP 0.00% Reduce -45.8% 27,471 $3.7M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Reduce -1.3% 27,057 $3.6M
Nuveen, LLC 0.00% Reduce -7.6% 25,993 $3.5M
Two Sigma Investments, LP 0.01% Add +250.3% 25,575 $3.4M
Millennium Management 0.00% Reduce -9.8% 25,252 $3.4M
AQR Capital Management 0.00% Add +21.2% 24,449 $3.3M
Susquehanna International Group, LLP 0.00% Add +68.1% 24,190 $3.2M
D.A. Davidson & Co. 0.02% Add +4.2% 24,059 $3.2M
Algert Global LLC 0.05% No change 23,434 $3.1M
Tudor Investment Corporation 0.02% Add +59.3% 23,209 $3.1M
Rhumbline Advisers 0.00% Reduce -17.3% 22,865 $3.0M
First Manhattan Co. Llc. 0.01% New 21,763 $2.9M
Y-Intercept (Hong Kong) Ltd 0.06% New 21,647 $2.9M
James Investment Research, Inc. 0.30% No change 20,758 $2.8M
Martingale Asset Management L P 0.07% Reduce -20.7% 19,613 $2.6M
Invesco Ltd. 0.00% Reduce -18.8% 19,539 $2.6M
Barclays PLC 0.00% Reduce -5.2% 17,611 $2.3M
Prescott Group Capital Management, L.L.C. 0.21% No change 17,203 $2.3M
First Trust Advisors LP 0.00% Add +73.6% 17,182 $2.3M
New York State Common Retirement Fund 0.00% Add +7.6% 15,509 $2.1M
Captrust Financial Advisors 0.00% Reduce -5.6% 15,421 $2.1M
Alliancebernstein L.P. 0.00% Reduce -20.7% 15,189 $2.0M
Connor, Clark & Lunn Investment Management Ltd. 0.01% Reduce -31.8% 15,039 $2.0M
Susquehanna Fundamental Investments, LLC 0.07% Add +415.1% 14,375 $1.9M
Legal & General Group Plc 0.00% Reduce -1.2% 14,105 $1.9M
Anchor Capital Advisors LLC 0.05% Add +7.7% 14,041 $1.9M
California State Teachers Retirement System 0.00% Add +2.0% 13,250 $1.8M
Wells Fargo & Company 0.00% Add +25.2% 13,188 $1.8M
Creative Planning 0.00% Add +21.4% 13,145 $1.7M
Sei Investments Co. 0.00% Reduce -1.6% 13,004 $1.7M
AlphaQuest LLC 0.10% Add +3175.3% 12,970 $1.7M
Pilgrim Partners Asia Pte Ltd 0.77% No change 12,000 $1.6M
SG Americas Securities, LLC 0.00% New 11,992 $1.6M
Bank of America Corp. 0.00% Reduce -47.6% 11,911 $1.6M
Point72 Asset Management 0.00% New 11,810 $1.6M
Lazard Asset Management LLC 0.00% New 11,027 $1.5M
Fieldview Capital Management, LLC 0.24% New 10,523 $1.4M
T. Rowe Price Associates Inc. 0.00% Reduce -16.2% 9,624 $1.3M
Militia Capital Partners, LP 0.45% New 9,000 $1.2M
Victory Capital Management Inc. 0.00% Add +378.3% 8,929 $1.2M
Wedge Capital Management L L P 0.02% Add +0.9% 8,742 $1.2M
Deutsche Bank AG 0.00% Reduce -23.5% 8,423 $1.1M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% Reduce -11.8% 7,861 $1.0M
NorthCrest Asset Manangement, LLC 0.02% Add +0.7% 7,492 $992K
Intech Investment Management LLC 0.01% Reduce -10.5% 7,312 $972K
Manufacturers Life Insurance Company, The 0.00% Reduce -9.2% 7,135 $949K
QRG Capital Management, Inc. 0.01% Add +7.6% 7,074 $941K
Teacher Retirement System of Texas 0.00% Reduce -8.6% 6,940 $923K
Asset Value Investors Ltd 0.72% Reduce -23.1% 6,370 $847K
KLP Kapitalforvaltning As 0.00% Add +3.3% 6,200 $824K
MetLife Investment Management, LLC 0.00% Reduce -17.2% 6,185 $822K
Janus Henderson Group PLC 0.00% No change 6,007 $798K
Integrated Quantitative Investments LLC 0.16% Add +243.5% 5,658 $752K
Citigroup Inc. 0.00% Reduce -0.5% 5,457 $726K
Balyasny Asset Management L.P. 0.00% Reduce -34.6% 5,411 $719K
Handelsbanken Fonder AB 0.00% Add +18.4% 5,151 $685K
Acadian Asset Management LLC 0.00% Add +15.8% 5,158 $684K
Gsa Capital Partners LLP 0.06% New 4,834 $643K
Avity Investment Management Inc. 0.04% No change 4,804 $639K
Susquehanna Portfolio Strategies, LLC 0.01% No change 4,684 $623K
RMR Capital Management, LLC 0.44% Reduce -3.1% 4,613 $613K
State of Wisconsin Investment Board 0.00% Reduce -7.9% 4,506 $599K

"% of holder's portfolio" is NNI's weight in each manager's 13F, not the share of Nelnet Inc. Class A the manager owns.

Show all 220 holders