Who Owns Nelnet Stock?
NYSE: NNIFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Ownership breakdown
- Held by institutions
- 48.99%
- Held by insiders
- 30.90%
- Institutional holders
- 293
- Institutions 49.0%
- Insiders 30.9%
- Public and other 20.1%
Who owns Nelnet stock?
Institutional investors own about 49.0% of Nelnet's shares, spread across 293 institutions that file 13F reports. That level of institutional ownership is moderate. Insiders, including executives, directors and large founding shareholders, hold 30.90% of NNI.
The largest institutional holders are Dimensional Fund Advisors LP (7.36%), Magnolia Group, LLC (5.05%) and Farmers & Merchants Investments Inc (4.69%). Together, the top 10 institutions control 32.5% of shares outstanding. In their latest filings, 8 of the top 10 institutions increased their NNI positions and 2 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of NNI
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Dimensional Fund Advisors LP | 1.85M | 7.36% | +0.3% |
| Magnolia Group, LLC | 1.27M | 5.05% | -23.9% |
| Farmers & Merchants Investments Inc | 1.18M | 4.69% | -0.4% |
| Blackrock Inc. | 1.16M | 4.62% | +18.8% |
| Vanguard Portfolio Management LLC | 695.62K | 2.76% | +2.4% |
| Vanguard Capital Management LLC | 584.97K | 2.32% | +1.2% |
| American Century Companies Inc | 420.69K | 1.67% | +25.3% |
| Geode Capital Management, LLC | 389.60K | 1.55% | +12.4% |
| State Street Corporation | 365.44K | 1.45% | +16.0% |
| Bragg Financial Advisors, Inc. | 248.49K | 0.99% | +9.6% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of NNI
| Fund | Shares | % Held |
|---|---|---|
| DFA INVESTMENT DIMENSIONS GROUP INC-U.S. Small Cap Value Portfolio | 539.61K | 2.14% |
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 402.36K | 1.60% |
| American Century ETF Trust-Avantis U.S. Small Cap Value ETF | 394.47K | 1.57% |
| iShares Trust-iShares Russell 2000 ETF | 392.32K | 1.56% |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund | 290.09K | 1.15% |
| DFA INVESTMENT DIMENSIONS GROUP INC-U.S. Targeted Value Portfolio | 236.09K | 0.94% |
| General American Investors Company, Inc. | 231.00K | 0.92% |
| DFA INVESTMENT DIMENSIONS GROUP INC-U.S. Small Cap Portfolio | 218.48K | 0.87% |
| BRAGG CAPITAL TRUST-FPA Queens Road Small Cap Value Fund | 213.04K | 0.85% |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Value Index Fund | 183.90K | 0.73% |
Frequently asked questions
Who is the largest shareholder of Nelnet?
Dimensional Fund Advisors LP is the largest institutional shareholder of NNI, owning 7.36% of shares outstanding (1.85M shares) as of its latest 13F filing.
What percentage of Nelnet is owned by institutions?
Institutions own about 49.0% of NNI shares and 70.9% of the public float.
How much of Nelnet do insiders own?
Insiders, such as officers and directors, own about 30.90% of NNI shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.