Ex-dividend in 3d · $0.33
NNI · NYSE · Financial - Credit Services

Nelnet

Services education loans and supplies school administration, payment, and consumer-lending platforms.

$127.37
After-hours close+0.10 (+0.08%)
At close$127.27(−0.09%)

Breakdown13F · Form 4

Institutions 39.48%14.19M sharesInsiders 10.37%3.73M sharesOther 50.15%18.02M shares

Shares outstanding 35.93M · Float 22.81M · 63.5% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Whitetail Rock Capital Management, LLC6.88M21.60%13GMay 13, 2026
Muhleisen, Angela L.4.68M18.10%13GNov 13, 2025
Muhleisen Angie · 10 percent owner2.19M6.10%Form 4Aug 20, 2025
Union Bank & Trust Co / Trustee2.05M7.90%13GNov 13, 2025
Dimensional Fund Advisors LP1.85M5.15%13FAug 11, 2026

Institutions13F, as of Jun 30, 2026

215 holders · 14.19M shares · 27 new positions · 122 increased · 54 reduced · 31 closed

HolderShares% outstandingChg q/qFiled
Dimensional Fund Advisors LP1.85M5.15%+4.6KAug 11, 2026
Magnolia Group, LLC1.27M3.53%−399.3KAug 12, 2026
Farmers & Merchants Investments Inc1.18M3.28%−5.0KJul 20, 2026
BlackRock, Inc.1.16M3.23%+184.3KAug 7, 2026
Vanguard Portfolio Management LLC695.6K1.94%+16.2KAug 13, 2026
Vanguard Capital Management LLC585.0K1.63%+7.0KAug 13, 2026
American Century Companies Inc420.7K1.17%+85.0KAug 12, 2026
Geode Capital Management, LLC389.6K1.08%+42.9KAug 12, 2026

Beneficial owners13D/G · 5% or more, as filed

Holder% of classSharesFormFiled
Dunlap, Michael S.incl. Dunlap Holdings, LLC, Union Financial Services, Inc.37.80%13.39M13DNov 13, 2025
Whitetail Rock Capital Management, LLC21.60%6.88M13GMay 13, 2026
Muhleisen, Angela L.18.10%4.68M13GNov 13, 2025
Union Bank & Trust Co / Trustee7.90%2.05M13GNov 13, 2025
Magnolia Capital Fund, LP5.90%1.49M13GJun 5, 2026

InsidersForm 4

InsiderRoleShares% outstandingFiled
Muhleisen Angie10 percent owner2.19M6.10%Aug 20, 2025
Adam K. Petersonother: See below1.68M4.67%Apr 1, 2026
Michael S. Dunlapdirector, 10 percent owner, officer: Executive Chairman of Board1.38M3.85%Nov 21, 2025
Matthew W. Dunlapdirector, officer: President, NFS243.3K0.68%Jun 11, 2026
Butterfield Shelby Jother: Former 10% Owner179.5K0.50%Aug 27, 2025
Jeffrey R. Noordhoekofficer: Chief Executive Officer102.1K0.28%Mar 12, 2026
Timothy Tewesofficer: President81.6K0.23%Mar 12, 2026
James D. Krugerofficer: Chief Financial Officer59.4K0.17%Jul 10, 2026
David S. Graffdirector31.9K0.09%Jun 17, 2026
Joseph Ernest Popevisofficer: President, NDS26.0K0.07%May 19, 2026

3 ten-percent owners hold 3.06M shares by Form 4, outside the officers-and-directors figure above · 21 people have not refiled in the last 18 months (1.36M shares), so they are not in the figure above

Latest trades

DateInsiderTypeSharesAvg priceOwned after
Dec 9, 2025
Jona M. van Deundirector
Sale400$128.95704
Sep 5, 2025
Thomas Edward Henningdirector
Sale · 2 lots8,196$128.8711,058

CongressHouse and Senate disclosures

Not reported.