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178 hedge funds and large institutions have $1.34B invested in Nelnet in 2025 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 62 increasing their positions, 53 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 12

17% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 53

9% more funds holding

Funds holding: 164178 (+14)

5% more capital invested

Capital invested by funds: $1.28B → $1.34B (+$61.1M)

0.41% more ownership

Funds ownership: 46.67%47.08% (+0.41%)

13% less funds holding in top 10

Funds holding in top 10: 87 (-1)

50% less call options, than puts

Call options by funds: $11K | Put options by funds: $22K

Holders
178
Holders Change
+14
Holders Change %
+8.54%
% of All Funds
2.39%
Holding in Top 10
7
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-12.5%
% of All Funds
0.09%
New
26
Increased
62
Reduced
53
Closed
12
Calls
$11K
Puts
$22K
Net Calls
-$11K
Net Calls Change
+$74K
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$221M -$1.09M -9,768 -0.5%
MG
2
Magnolia Group
Nebraska
$211M
Vanguard Group
3
Vanguard Group
Pennsylvania
$170M +$21M +187,813 +14%
FMII
4
Farmers & Merchants Investments Inc
Nebraska
$134M +$1.93M +17,271 +1%
BlackRock
5
BlackRock
New York
$127M -$1.51M -13,448 -1%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$42.4M +$2.33M +20,853 +6%
State Street
7
State Street
Massachusetts
$39M -$3.75M -33,472 -9%
GAI
8
General American Investors
New York
$27M
MAP
9
Madison Avenue Partners
New York
$25.9M -$6.31M -56,383 -19%
QF
10
QVT Financial
New York
$25.5M
SA
11
Sycale Advisors
New York
$24.7M -$3.94M -35,167 -14%
Northern Trust
12
Northern Trust
Illinois
$23.9M -$919K -8,212 -4%
Charles Schwab
13
Charles Schwab
California
$21.8M -$568K -5,075 -3%
JP Morgan Chase
14
JP Morgan Chase
New York
$14.7M -$4.46M -39,809 -23%
BP
15
Bandera Partners
New York
$14.1M
American Century Companies
16
American Century Companies
Missouri
$13.4M +$420K +3,754 +3%
BHWM
17
Bar Harbor Wealth Management
New Hampshire
$12.1M -$48.7K -435 -0.4%
LKIM
18
Lawson Kroeker Investment Management
Nebraska
$11.2M -$204K -1,826 -2%
UBS Group
19
UBS Group
Switzerland
$11M +$1.48M +13,245 +15%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$10.3M -$257K -2,299 -2%
Morgan Stanley
21
Morgan Stanley
New York
$7.29M -$188K -1,683 -2%
Goldman Sachs
22
Goldman Sachs
New York
$6.51M -$671K -5,995 -9%
UBS AM
23
UBS AM
Illinois
$6.48M +$439K +3,923 +7%
Qube Research & Technologies (QRT)
24
Qube Research & Technologies (QRT)
United Kingdom
$6.46M +$845K +7,552 +15%
DA
25
Denali Advisors
California
$5.49M -$1.4M -12,476 -20%

NNI Hedge Fund Activity: Q1 2025 in Review

178 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Nelnet (NNI) for Q1 2025, worth a combined $1.34B — up 4.8% from $1.28B a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new NNI positions and 12 closed out — a net gain of 14 holders — while 62 added to existing stakes and 53 trimmed.

The largest buyer was Vanguard Group, adding an estimated $21M. The largest seller was Madison Avenue Partners, cutting an estimated $6.31M.

  • 178 institutional investors held Nelnet (NNI) as of Q1 2025, up from 164 in Q4 2024.
  • Funds reported $1.34B of Nelnet stock for Q1 2025, up 4.8% quarter-over-quarter.
  • 26 funds opened new Nelnet positions in Q1 2025 and 12 closed out, a net change of +14 holders.
  • The largest Nelnet buyer in Q1 2025 was Vanguard Group, an estimated $21M added.
  • The largest Nelnet seller in Q1 2025 was Madison Avenue Partners, an estimated $6.31M sold.

Based on aggregated 13F filings for Q1 2025.