Dark Forest Capital Management’s Nelnet NNI Stock Holding History

Dark Forest Capital Management’s Portfolio NNI Stock Details NNI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$3.61M	Buy	27,044 +12,841	+90%	+$1.7M	0.23%	112
2026 Q1	$1.83M	Buy	14,203 +11,660	+459%	+$1.53M	0.16%	173
2025 Q4	$338K	Sell	2,543 -2,552	-50%	-$334K	0.02%	866
2025 Q3	$639K	Sell	5,095 -10,958	-68%	-$1.37M	0.02%	868
2025 Q2	$1.94M	Buy	16,053 +12,535	+356%	+$1.4M	0.08%	456
2025 Q1	$390K	Buy	3,518 +1,386	+65%	+$155K	0.02%	997
2024 Q4	$228K	Buy	+2,132	New	+$236K	0.03%	774
2024 Q3	–	Sell	-3,279	Closed	-$331K	–	1092
2024 Q2	$331K	Buy	+3,279	New	+$326K	0.06%	411
2024 Q1	–	Sell	-5,023	Closed	-$443K	–	755
2023 Q4	$443K	Sell	5,023 -610	-11%	-$52.8K	0.07%	253
2023 Q3	$503K	Sell	5,633 -2,691	-32%	-$254K	0.04%	716
2023 Q2	$803K	Buy	+8,324	New	+$791K	0.07%	395

Other funds holding NNI

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

Magnolia Group Omaha, Nebraska $476M AUM 7.25% 1-Year Est. Return

FMII

Farmers & Merchants Investments Inc Lincoln, Nebraska $4.13B AUM 32.58% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

American Century Companies Kansas City, Missouri $226B AUM 44.75% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

BFA

Bragg Financial Advisors Charlotte, North Carolina $3.74B AUM 39.87% 1-Year Est. Return

Dark Forest Capital Management's NNI Position: Q2 2026 in Review

Dark Forest Capital Management increased its Nelnet (NNI) stake by 90% in Q2 2026, buying an estimated $1.7M and bringing the position to 27,044 shares worth $3.61M. The position accounts for 0.23% of the portfolio, ranked #112.

Dark Forest Capital Management first reported a position in NNI in Q2 2023 and has held it in 11 quarters since. 213 funds tracked by Wall St. Rank hold NNI as of Q2 2026.

Dark Forest Capital Management held 27,044 shares of Nelnet worth $3.61M as of Q2 2026.
Dark Forest Capital Management bought 12,841 Nelnet shares in Q2 2026, an estimated $1.7M.
Nelnet made up 0.23% of Dark Forest Capital Management's portfolio in Q2 2026, its #112 holding.
Dark Forest Capital Management first reported a position in Nelnet in Q2 2023 and has held it in 11 quarters since.
213 funds tracked by Wall St. Rank held Nelnet as of Q2 2026.

Based on Dark Forest Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.