NELNET INC (NNI) — Institutional Holders, Q2 2026

215 institutional investment managers reported a NNI position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $1.6B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← NNI stock profile

NNI in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

Added to

Trimmed

Sold out

Biggest buyers

BlackRockAdded · +184,254 sh+$24.6M
AMERICAN CENTURY COMPANIESAdded · +84,990 sh+$11.3M
VICTORY CAPITAL MANAGEMENTAdded · +65,341 sh+$8.7M
STATE STREETAdded · +50,462 sh+$6.7M
GEODE CAPITAL MANAGEMENTAdded · +42,907 sh+$5.7M

Biggest sellers

MAGNOLIA GROUPTrimmed · -399,253 sh-$53.2M
JANE STREET GROUPTrimmed · -62,467 sh-$8.3M
Qube Research & Technologies LtdTrimmed · -36,136 sh-$4.8M
RENAISSANCE TECHNOLOGIESTrimmed · -20,000 sh-$2.7M
Man Group plcSold out · -19,201 sh-$2.6M

NNI 13F holders ranked 1–100 of 215

Institutional investors reporting a position in NELNET INC on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	DIMENSIONAL FUND ADVISORS#1 · 1,852,273 sh	1,852,273	$247.0M	0.04%	+0.2%
2	MAGNOLIA GROUP#2 · 1,269,723 sh	1,269,723	$169.3M	35.54%	-23.9%
3	FARMERS & MERCHANTS INVESTMENTS#3 · 1,179,351 sh	1,179,351	$157.2M	—	-0.4%
4	BlackRock#4 · 1,162,288 sh	1,162,288	$155.0M	<0.01%	+18.8%
5	VANGUARD PORTFOLIO MANAGEMENT#5 · 695,621 sh	695,621	$92.7M	<0.01%	+2.4%
6	VANGUARD CAPITAL MANAGEMENT#6 · 584,970 sh	584,970	$78.0M	<0.01%	+1.2%
7	AMERICAN CENTURY COMPANIES#7 · 420,692 sh	420,692	$56.1M	0.02%	+25.3%
8	GEODE CAPITAL MANAGEMENT#8 · 389,595 sh	389,595	$52.0M	<0.01%	+12.4%
9	STATE STREET#9 · 365,440 sh	365,440	$48.7M	<0.01%	+16.0%
10	Bragg Financial Advisors#10 · 248,493 sh	248,493	$33.1M	0.89%	+9.6%
11	QVT Financial#11 · 231,414 sh	231,414	$30.9M	1.81%	0.0%
12	Empyrean Capital Partners#12 · 231,000 sh	231,000	$30.8M	1.02%	0.0%
13	GENERAL AMERICAN INVESTORS#13 · 230,998 sh	230,998	$30.8M	1.82%	-1.3%
14	NORTHERN#14 · 189,609 sh	189,609	$25.3M	<0.01%	+9.3%
15	CHARLES SCHWAB INVESTMENT MANAGEMENT#15 · 167,793 sh	167,793	$22.4M	<0.01%	+3.5%
16	JPMORGAN CHASE#16 · 152,759 sh	152,759	$20.4M	<0.01%	+14.1%
17	BAR HARBOR WEALTH MANAGEMENT#17 · 108,589 sh	108,589	$14.5M	—	-0.1%
18	MORGAN STANLEY#18 · 94,412 sh	94,412	$12.6M	<0.01%	+22.3%
19	VANGUARD FIDUCIARY#19 · 91,686 sh	91,686	$12.2M	<0.01%	+3.6%
20	Bank of New York Mellon#20 · 88,973 sh	88,973	$11.9M	<0.01%	+9.3%
21	Sycale Advisors (NY)#21 · 83,053 sh	83,053	$11.1M	3.40%	-17.3%
22	UBS Group AG#22 · 78,707 sh	78,707	$10.5M	<0.01%	-4.6%
23	VICTORY CAPITAL MANAGEMENT#23 · 74,729 sh	74,729	$10.0M	<0.01%	+696.0%
24	Qube Research & Technologies Ltd#24 · 72,614 sh	72,614	$9.7M	<0.01%	-33.2%
25	AQR CAPITAL MANAGEMENT#25 · 70,127 sh	70,127	$9.4M	<0.01%	+4.1%
26	GOLDMAN SACHS GROUP#26 · 68,715 sh	68,715	$9.2M	<0.01%	+40.5%
27	LAWSON KROEKER INVESTMENT MANAGEMENT#27 · 66,047 sh	66,047	$8.8M	—	-0.6%
28	MARSHALL WACE, LLP#28 · 63,196 sh	63,196	$8.4M	<0.01%	+51.5%
29	CITADEL ADVISORS#29 · 57,086 sh	57,086	$7.6M	<0.01%	+117.9%
30	Guardian Wealth Management#30 · 53,433 sh	53,433	$7.1M	3.50%	+4.0%
31	Bandera Partners#31 · 47,159 sh	47,159	$6.1M	2.14%	0.0%
32	BANK OF AMERICA#32 · 44,482 sh	44,482	$5.9M	<0.01%	+213.1%
33	Crawford Fund Management#33 · 44,455 sh	44,455	$5.9M	0.91%	-5.3%
34	DENALI ADVISORS#34 · 39,800 sh	39,800	$5.3M	0.53%	-3.4%
35	FRANKLIN RESOURCES#35 · 39,462 sh	39,462	$5.3M	<0.01%	+3.9%
36	Edgestream Partners, L.P.#36 · 38,472 sh	38,472	$5.1M	0.15%	-24.1%
37	SUSQUEHANNA INTERNATIONAL GROUP, LLP#37 · 36,081 sh	36,081	$4.8M	<0.01%	-14.0%
38	LPL Financial#38 · 35,789 sh	35,789	$4.8M	<0.01%	-4.7%
39	HighTower Advisors#39 · 35,785 sh	35,785	$4.8M	<0.01%	+5.0%
40	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#40 · 35,200 sh	35,200	$4.7M	<0.01%	+29.3%
41	Nuveen#41 · 32,203 sh	32,203	$4.3M	<0.01%	+13.9%
42	FIRST ADVISORS#42 · 28,040 sh	28,040	$3.7M	<0.01%	+15.4%
43	RENAISSANCE TECHNOLOGIES#43 · 28,000 sh	28,000	$3.7M	<0.01%	-41.7%
44	Swiss National Bank#44 · 28,000 sh	28,000	$3.7M	<0.01%	+1.1%
45	DARK FOREST CAPITAL MANAGEMENT#45 · 27,044 sh	27,044	$3.6M	0.23%	+90.4%
46	RHUMBLINE ADVISERS#46 · 26,898 sh	26,898	$3.6M	<0.01%	+17.0%
47	MERCER GLOBAL ADVISORS#47 · 25,999 sh	25,999	$3.5M	<0.01%	+22.0%
48	Invesco Ltd.#48 · 24,957 sh	24,957	$3.3M	<0.01%	+8.2%
49	D.A. DAVIDSON#49 · 24,561 sh	24,561	$3.3M	0.02%	+2.3%
50	CAPITAL FUND MANAGEMENT S.A.#50 · 23,582 sh	23,582	$3.1M	0.01%	New
51	TCG Advisory Services#51 · 20,836 sh	20,836	$2.8M	0.05%	+2.5%
52	TWO SIGMA INVESTMENTS#52 · 19,926 sh	19,926	$2.7M	<0.01%	+247.3%
53	Mariner#53 · 19,652 sh	19,652	$2.6M	<0.01%	+273.5%
54	ALLIANCEBERNSTEIN L.P.#54 · 19,937 sh	19,937	$2.6M	<0.01%	+20.6%
55	BNP PARIBAS FINANCIAL MARKETS#55 · 19,220 sh	19,220	$2.6M	<0.01%	+219.0%
56	PRICE T ROWE ASSOCIATES#56 · 17,698 sh	17,698	$2.4M	<0.01%	+33.2%
57	PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C.#57 · 17,203 sh	17,203	$2.3M	0.20%	0.0%
58	FIRST MANHATTAN#58 · 16,821 sh	16,821	$2.2M	<0.01%	-2.2%
59	DEUTSCHE BANK AG\#59 · 15,639 sh	15,639	$2.1M	<0.01%	+50.2%
60	MARTINGALE ASSET MANAGEMENT L P#60 · 15,414 sh	15,414	$2.1M	0.05%	-17.7%
61	SEI INVESTMENTS#61 · 14,923 sh	14,923	$2.0M	<0.01%	+1.4%
62	CITIGROUP#62 · 14,867 sh	14,867	$2.0M	<0.01%	+38.5%
63	NEW YORK STATE COMMON RETIREMENT FUND#63 · 14,709 sh	14,709	$2.0M	<0.01%	+8.9%
64	CAPTRUST FINANCIAL ADVISORS#64 · 14,560 sh	14,560	$1.9M	<0.01%	-8.9%
65	WELLS FARGO & COMPANY#65 · 14,033 sh	14,033	$1.9M	<0.01%	+154.2%
66	Pilgrim Partners Asia Pte Ltd#66 · 14,000 sh	14,000	$1.9M	0.80%	+16.7%
67	ACADIAN ASSET MANAGEMENT#67 · 13,998 sh	13,998	$1.9M	<0.01%	+161.4%
68	JAMES INVESTMENT RESEARCH#68 · 13,857 sh	13,857	$1.8M	—	-33.2%
69	ALLSTATE#69 · 13,821 sh	13,821	$1.8M	0.02%	New
70	ANCHOR CAPITAL ADVISORS#70 · 13,282 sh	13,282	$1.8M	0.05%	-3.8%
71	Legal & General Group Plc#71 · 13,192 sh	13,192	$1.8M	<0.01%	+11.4%
72	Creative Planning#72 · 12,914 sh	12,914	$1.7M	<0.01%	-12.6%
73	XTX Topco Ltd#73 · 12,383 sh	12,383	$1.7M	0.02%	+192.7%
74	VANGUARD ASSET MANAGEMENT, Ltd#74 · 11,728 sh	11,728	$1.6M	<0.01%	0.0%
75	Quantinno Capital Management#75 · 11,555 sh	11,555	$1.5M	<0.01%	+139.6%
76	D. E. Shaw#76 · 11,109 sh	11,109	$1.5M	<0.01%	-45.5%
77	Russell Investments Group, Ltd.#77 · 10,657 sh	10,657	$1.4M	<0.01%	+184.6%
78	BOKF, NA#78 · 10,000 sh	10,000	$1.3M	0.02%	New
79	MIRAE ASSET GLOBAL ETFS Ltd.#79 · 9,041 sh	9,041	$1.2M	<0.01%	+5.5%
80	Fieldview Capital Management#80 · 8,877 sh	8,877	$1.2M	0.34%	-45.2%
81	MANUFACTURERS LIFE INSURANCE COMPANY, THE#81 · 8,874 sh	8,874	$1.2M	<0.01%	+15.4%
82	WEDGE CAPITAL MANAGEMENT L L P#82 · 8,861 sh	8,861	$1.2M	—	-0.7%
83	MetLife Investment Management#83 · 8,711 sh	8,711	$1.2M	<0.01%	+23.7%
84	NorthCrest Asset Manangement#84 · 7,635 sh	7,635	$1.0M	—	+1.3%
85	ExodusPoint Capital Management#85 · 7,538 sh	7,538	$1.0M	<0.01%	-34.9%
86	JANE STREET GROUP#86 · 7,089 sh	7,089	$945.2K	<0.01%	-89.8%
87	Handelsbanken Fonder AB#87 · 6,751 sh	6,751	$900.0K	<0.01%	+31.1%
88	Engineers Gate Manager#88 · 6,648 sh	6,648	$886.4K	0.01%	+16.2%
89	Zurcher Kantonalbank (Zurich Cantonalbank)#89 · 6,433 sh	6,433	$857.7K	<0.01%	+167.4%
90	Jupiter Topco#90 · 6,007 sh	6,007	$801.2K	<0.01%	—
91	QRG CAPITAL MANAGEMENT#91 · 5,429 sh	5,429	$723.8K	<0.01%	+14.8%
92	Corient Private Wealth#92 · 5,155 sh	5,155	$687.3K	<0.01%	New
93	Vanguard Global Advisers#93 · 5,131 sh	5,131	$684.1K	<0.01%	-8.1%
94	SUSQUEHANNA FUNDAMENTAL INVESTMENTS#94 · 5,093 sh	5,093	$679.0K	0.01%	-37.1%
95	Inspire Investing#95 · 5,085 sh	5,085	$678.0K	—	+27.7%
96	INTECH INVESTMENT MANAGEMENT#96 · 4,681 sh	4,681	$624.1K	<0.01%	+8.8%
97	AVITY INVESTMENT MANAGEMENT#97 · 4,604 sh	4,604	$613.9K	—	0.0%
98	Proficio Capital Partners#98 · 4,552 sh	4,552	$606.9K	0.02%	+2.5%
99	Police & Firemen's Retirement System of New Jersey#99 · 4,411 sh	4,411	$588.1K	<0.01%	+40.1%
100	RMR Capital Management#100 · 4,223 sh	4,223	$563.1K	—	-3.4%

Funds that sold out of NNI in Q2 2026 (25)

Held NNI at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held NNI in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
Man Group plc19,201 sh	19,201	$2.5M
MILLENNIUM MANAGEMENT18,320 sh	18,320	$2.4M
Militia Capital Management9,000 sh	9,000	$1.2M
Aquatic Capital Management7,452 sh	7,452	$961.0K
Integrated Quantitative Investments5,893 sh	5,893	$760.0K
Squarepoint Ops5,727 sh	5,727	$738.6K
Legato Capital Management5,510 sh	5,510	$710.6K
CAPSTONE INVESTMENT ADVISORS4,028 sh	4,028	$519.5K
AXQ CAPITAL3,513 sh	3,513	$453.0K
Cerity Partners2,749 sh	2,749	$354.5K
Mission Creek Capital Partners2,642 sh	2,642	$340.7K
ZACKS INVESTMENT MANAGEMENT2,562 sh	2,562	$330.4K
GSA CAPITAL PARTNERS LLP2,427 sh	2,427	$313.0K
Connor, Clark & Lunn Investment Management Ltd.1,699 sh	1,699	$219.1K
Weiss Asset Management1,623 sh	1,623	$209.3K
NEW YORK STATE TEACHERS RETIREMENT SYSTEM1,035 sh	1,035	$133.0K
Federation des caisses Desjardins du Quebec200 sh	200	$25.8K
Root Financial Partners172 sh	172	$22.2K
MAI Capital Management144 sh	144	$18.5K
TWIN PEAKS WEALTH ADVISORS31 sh	31	$4.0K
Wealth Preservation Advisors7 sh	7	$903.00
Advisory Services Network5 sh	5	$645.00
Physician Wealth Advisors3 sh	3	$387.00
Vermillion Wealth Management2 sh	2	$258.00
CURIO WEALTH1 sh	1	$129.00

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.