Madison Avenue Partners, LP NNI — NELNET INC

Ownership history in Madison Avenue Partners, LP  ·  7 quarters on record

AI Ownership Summary

Madison Avenue Partners, LP reported NELNET INC (NNI) in 7 quarterly 13F filings from 2024 Q1 through 2025 Q3. Peak portfolio weight reached 4.43% in 2024 Q1. The latest visible filing shows NNI at 0.24% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this NNI ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Madison Avenue Partners, LP's position in NELNET INC, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2025 Q3

NNI was reported at 0.24% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
4.43% in 2024 Q1

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2024 Q1 to 2025 Q3

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

NNI stock page Madison Avenue Partners, LP fund profile Madison Avenue Partners, LP full holdings
How Madison Avenue Partners, LP held NNI — position size vs. price
% of Fund (quarterly)    NNI price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 7 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2025 Q3 REDUCED 78.1% +7.7% ❌ 31,535 -112,679 -78.1% 0.24% $4.0M 2025-11-14 $128.22
2025 Q2 REDUCED 38.3% +4.2% ❌ 144,214 -89,616 -38.3% 1.17% $17.5M 2025-08-14 $127.36
2025 Q1 REDUCED 19.4% +9.4% ❌ 233,830 -56,383 -19.4% 2.20% $25.9M 2025-05-15 $118.19
2024 Q4 UNCHANGED — — — 290,213 — 0% 3.28% $31.0M 2025-02-14 $111.27
2024 Q3 UNCHANGED — — — 290,213 — 0% 3.05% $32.9M 2024-11-14 $107.75
2024 Q2 UNCHANGED — — — 290,213 — 0% 3.70% $29.3M 2024-08-14 $106.64
2024 Q1 INITIATED — — — 290,213 — — 4.43% $27.5M 2024-05-15 $108.19

🏢 Other funds also holding NNI

As of 2026 Q1 — sorted by position size

MAGNOLIA GROUP, LLC 3Y 7Y 40.04% Sycale Advisors (NY) LLC 3Y 6.46% FARMERS & MERCHANTS INVESTMENTS INC 3Y 7Y 4.21% Guardian Wealth Management, Inc. 3Y 3.61% Bandera Partners LLC 3Y 7Y 2.75% LAWSON KROEKER INVESTMENT MANAGEMENT INC/NE 3Y 7Y 2.5% QVT Financial LP 3Y 7Y 2.19% GENERAL AMERICAN INVESTORS CO INC 3Y 7Y 1.98% Crawford Fund Management, LLC 1.17% Empyrean Capital Partners, LP 3Y 7Y 0.97%

FAQ About Madison Avenue Partners, LP and NNI

These are the practical questions this page is built to answer before you even open the full history table.

How long has Madison Avenue Partners, LP reported owning NNI?

Madison Avenue Partners, LP reported NNI across 7 quarterly 13F filings, from 2024 Q1 through 2025 Q3.

What was the largest reported NNI position in Madison Avenue Partners, LP's portfolio?

The largest reported portfolio weight for NNI was 4.43% in 2024 Q1.

What is the latest reported NNI position on this page?

The most recent filing on this page is 2025 Q3, when Madison Avenue Partners, LP reported 31,535 shares, equal to 0.24% of portfolio, with an estimated market value of $4.0M.

What does the chart on this NNI ownership page compare?

The chart compares Madison Avenue Partners, LP's quarterly NNI portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did Madison Avenue Partners, LP time their NNI position?

Based on 13F filing dates vs. subsequent NNI price moves, Madison Avenue Partners, LP correctly timed 0 out of 3 reported position changes (0%). The annualised alpha on NNI relative to SPY over the holding period was -5.6%.

← Back to Madison Avenue Partners, LP Holdings