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191 hedge funds and large institutions have $1.45B invested in Nelnet in 2025 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 64 increasing their positions, 59 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 15

29% more funds holding in top 10

Funds holding in top 10: 79 (+2)

9% more capital invested

Capital invested by funds: $1.34B → $1.45B (+$114M)

7% more funds holding

Funds holding: 178191 (+13)

8% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 59

0.42% less ownership

Funds ownership: 47.08%46.67% (-0.42%)

Holders
191
Holders Change
+13
Holders Change %
+7.3%
% of All Funds
2.51%
Holding in Top 10
9
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+28.57%
% of All Funds
0.12%
New
30
Increased
64
Reduced
59
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Teacher Retirement System of Texas
76
Teacher Retirement System of Texas
Texas
$809K -$84.9K -760 -10%
XT
77
XTX Topco
Cayman Islands
$792K +$344K +3,076 +89%
SG Americas Securities
78
SG Americas Securities
New York
$791K +$729K +6,528 New
NAM
79
NorthCrest Asset Manangement
Minnesota
$773K -$125K -1,118 -15%
QCM
80
QRG Capital Management
Illinois
$755K +$78.6K +704 +13%
DIG
81
Dauntless Investment Group
New Hampshire
$742K +$684K +6,125 New
Arrowstreet Capital
82
Arrowstreet Capital
Massachusetts
$737K +$679K +6,083 New
Janus Henderson Group
83
Janus Henderson Group
United Kingdom
$727K
KK
84
KLP Kapitalforvaltning
Norway
$727K
RAM
85
Readystate Asset Management
Illinois
$706K +$651K +5,828 New
HF
86
HRT Financial
New York
$685K +$632K +5,663 New
AIM
87
Avity Investment Management
Connecticut
$607K +$559K +5,008 New
RCM
88
RMR Capital Management
California
$596K +$51.8K +464 +10%
PCP
89
Proficio Capital Partners
Massachusetts
$545K
CW
90
CreativeOne Wealth
Kansas
$538K
ZIM
91
Zacks Investment Management
Illinois
$525K +$485K +4,338 New
ASRS
92
Arizona State Retirement System
Arizona
$500K +$9.16K +82 +2%
SEI Investments
93
SEI Investments
Pennsylvania
$495K +$140K +1,254 +44%
VOYA Investment Management
94
VOYA Investment Management
Georgia
$493K +$3.8K +34 +0.8%
Envestnet Asset Management
95
Envestnet Asset Management
Illinois
$492K +$41.2K +369 +10%
State of Wisconsin Investment Board
96
State of Wisconsin Investment Board
Wisconsin
$434K -$99.1K -887 -20%
Handelsbanken Fonder
97
Handelsbanken Fonder
Sweden
$430K
Royal Bank of Canada
98
Royal Bank of Canada
Ontario, Canada
$423K +$226K +2,020 +137%
MML Investors Services
99
MML Investors Services
Massachusetts
$404K +$70.7K +633 +23%
II
100
Inspire Investing
Idaho
$392K +$13.7K +123 +4%

NNI Hedge Fund Activity: Q2 2025 in Review

191 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q2 2025, worth a combined $1.45B — up 8.5% from $1.34B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new NNI positions and 15 closed out — a net gain of 15 holders — while 64 added to existing stakes and 59 trimmed.

The largest buyer was Massachusetts Institute of Technology, opening a new position worth an estimated $22M. The largest seller was Magnolia Group, cutting an estimated $25.8M.

  • 191 institutional investors held Nelnet (NNI) as of Q2 2025, up from 178 in Q1 2025.
  • Funds reported $1.45B of Nelnet stock for Q2 2025, up 8.5% quarter-over-quarter.
  • 30 funds opened new Nelnet positions in Q2 2025 and 15 closed out, a net change of +15 holders.
  • The largest Nelnet buyer in Q2 2025 was Massachusetts Institute of Technology, an estimated $22M added.
  • The largest Nelnet seller in Q2 2025 was Magnolia Group, an estimated $25.8M sold.

Based on aggregated 13F filings for Q2 2025.