Nelnet Inc
Ownership
Ownership Structure
Who owns Nelnet Inc (NNI)? This page shows the largest institutions and funds, the ownership structure and the latest insider transactions. 62.9% of the shares are freely tradable; institutional investors hold 47.7%.
Largest Shareholders
Institutions
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Dimensional Fund Advisors, Inc. | 5.18 | 1,852,273 | +0.2 | 06/30/2026 |
| Magnolia Group, LLC | 3.55 | 1,269,723 | -23.9 | 06/30/2026 |
| Farmenrs & Merchants Investments Inc | 3.30 | 1,179,351 | -0.4 | 06/30/2026 |
| BlackRock Inc | 3.25 | 1,162,288 | +18.8 | 06/30/2026 |
| Vanguard Portfolio Management, LLC | 1.94 | 695,621 | +2.4 | 06/30/2026 |
| Vanguard Capital Management, LLC | 1.63 | 584,970 | +1.2 | 06/30/2026 |
| American Century Companies Inc | 1.18 | 420,692 | +25.3 | 06/30/2026 |
| Geode Capital Management, LLC | 1.09 | 389,595 | +12.4 | 06/30/2026 |
Funds
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| DFA US Small Cap Value I | 1.51 | 539,608 | +0.0 | 08/31/2026 |
| Vanguard MStar Total Stk Mkt Idx Invest | 1.36 | 485,911 | +20.2 | 09/30/2026 |
Largest reported positions according to regulatory filings; stake as a percentage of shares outstanding, change versus the previous filing. Source: fundamentals data.
Insider holdings
| Person | Role | Shares | Value | As of | Type |
|---|---|---|---|---|---|
| Graff David S | Director | 31,953 | 4,169,867 $ | Sep 15, 2026 | direct |
| Farrell Kathleen Anne | Director | 22,755 | 2,969,528 $ | Sep 15, 2026 | direct |
| Kruger James D | Chief Financial Officer | 12,720 | 1,659,960 $ | Oct 5, 2026 | indirect |
| Klein Angie J | Director | 1,108 | 144,594 $ | Sep 15, 2026 | direct |
| Pallesen Edward Sysel | Director | 1,046 | 136,503 $ | Sep 15, 2026 | direct |
Holdings as of each person's most recent SEC Form 4 filing — excluding options and RSUs, which are not shares yet. Holdings may have changed between two filings.
Insiders
Insider Transactions
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Oct 5, 2026 | Kruger James D | Chief Financial Officer | Other | 1,360 | 0.00 | – |
| Oct 5, 2026 | Kruger James D | Chief Financial Officer | Other | 4,080 | 0.00 | – |
| Sep 15, 2026 | Farrell Kathleen Anne | Director | Other | 185 | 108.37 | 20,048 |
| Sep 15, 2026 | Graff David S | Director | Other | 93 | 108.37 | 10,078 |
| Sep 15, 2026 | Pallesen Edward Sysel | Director | Other | 1,046 | 108.37 | 113,355 |
| Sep 15, 2026 | Klein Angie J | Director | Other | 1,108 | 108.37 | 120,074 |
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character. View all insider transactions →
Data as of: November 6, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.