Nelnet
204 hedge funds and large institutions have $1.49B invested in Nelnet in 2025 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 64 increasing their positions, 63 reducing their positions, and 19 closing their positions.
84% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 19
7% more funds holding
Funds holding: 191 → 204 (+13)
3% more capital invested
Capital invested by funds: $1.45B → $1.49B (+$37.7M)
2% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 63
0.07% less ownership
Funds ownership: 46.67% → 46.59% (-0.07%)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $853K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$28.9M |
| 2 |
BFA
Bragg Financial Advisors
Charlotte,
North Carolina
|
+$12.9M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$9.57M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$5.17M |
| 5 |
Millennium Management
New York
|
+$3.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIOT
Massachusetts Institute of Technology
Cambridge,
Massachusetts
|
-$23.9M |
| 2 |
MAP
Madison Avenue Partners
New York
|
-$14.1M |
| 3 |
BlackRock
New York
|
-$13.3M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$5.81M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$5.16M |
NNI Hedge Fund Activity: Q3 2025 in Review
204 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q3 2025, worth a combined $1.49B — up 2.6% from $1.45B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new NNI positions and 19 closed out — a net gain of 16 holders — while 64 added to existing stakes and 63 trimmed.
The largest buyer was Empyrean Capital Partners, opening a new position worth an estimated $28.9M. The largest seller was Massachusetts Institute of Technology, exiting entirely with an estimated $23.9M sold.
- 204 institutional investors held Nelnet (NNI) as of Q3 2025, up from 191 in Q2 2025.
- Funds reported $1.49B of Nelnet stock for Q3 2025, up 2.6% quarter-over-quarter.
- 35 funds opened new Nelnet positions in Q3 2025 and 19 closed out, a net change of +16 holders.
- The largest Nelnet buyer in Q3 2025 was Empyrean Capital Partners, an estimated $28.9M added.
- The largest Nelnet seller in Q3 2025 was Massachusetts Institute of Technology, an estimated $23.9M sold.
Based on aggregated 13F filings for Q3 2025.