Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Nelnet Inc (NNI)

217 + Investors. Track Smart Money conviction in NNI. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +1
Streak
6Q ▲
Buyers last Q
57%

Smart Money Signals — NNI

Based on 217 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 6 quarters in a row

last 6Q
For 6 consecutive quarters, more hedge funds added NNI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
217 hedge funds hold NNI right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +23% more funds vs a year ago

fund count last 6Q
+41 new funds entered over the past year (+23% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 57% buying

116 buying88 selling
Last quarter: 116 funds bought or added vs 88 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-6 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 29 → 33 → 38 → 32. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 20% medium ■ 21% new
127 out of 217 hedge funds have held NNI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

27 → 29 → 33 → 38 → 32 new funds/Q
New funds entering each quarter: 29 → 33 → 38 → 32. A growing number of institutions are discovering NNI each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 63% veterans vs 26% newcomers

■ 63% veterans ■ 12% 1-2yr ■ 26% new
Entry-cohort mix of 219 holders: 137 (63%) are 2+ year veterans, 26 entered 1–2 years ago, and 56 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 44% AUM from top-100 funds

44% from top-100 AUM funds
44 of 217 holders are among the 100 largest funds by AUM, controlling 44% of total institutional value in NNI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — NNI

In 2026 Q1, 116 hedge funds were net buyers of NNI (32 opened a new position, 84 added to an existing one), while 88 reduced or exited (57 trimmed, 31 sold completely) — a 57% buyer ratio, indicating a slight buying edge. This marks 6 consecutive quarters of net institutional buying — a persistent conviction signal. 44% of total institutional value in NNI is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +1 funds (more new holders than closures). Total institutional holders: 217.

Hedge Fund Ownership: NNI

How many hedge funds hold NNI — quarterly history vs. share price
Quarterly hedge fund ownership of NNI vs. share price

Market Analysis: NNI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NNI

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

18 top-rated funds 4 high-conviction
Consensus
5.6
/ 10
breadth
×
Elite
4.2
/ 10
conviction
Hedge Fund Positioning: NNI
2026 Q2 Stats Unlock in 1 days 217 + Investors

Track Smart Money conviction in NNI. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 217 216 0.46%
13F Shares 12M 12M -0.71%
Total Value $1.48B $1.54B -3.99%
New Positions 32 38 -6
Increased Positions 84 63 +21
Closed Positions 31 22 +9
Reduced Positions 56 72 -16
Total Calls 2 0 100%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NNI

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Institutional Holders (2026 Q2)

217 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in NNI. Verified SEC 13F-HR filings.

QUARTER:
2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 NNI holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Magnolia Group, LLC 35.54% 1,269,723 $169.3M
2 Farmers & Merchants Investments Inc 3.81% 1,179,351 $157.2M
3 Guardian Wealth Management, Inc. 3.50% 53,433 $7.1M
4 Sycale Advisors (NY) LLC 3.40% 83,053 $11.1M
5 Lawson Kroeker Investment Management Inc/Ne 2.44% 66,047 $8.8M
6 Bandera Partners LLC 2.14% 47,159 $6.1M
7 General American Investors Co Inc 1.82% 230,998 $30.8M
8 QVT Financial LP 1.81% 231,414 $30.9M
9 Empyrean Capital Partners, LP 1.02% 231,000 $30.8M
10 Crawford Fund Management, LLC 0.91% 44,455 $5.9M
11 Bragg Financial Advisors, Inc 0.89% 248,493 $33.1M
12 Pilgrim Partners Asia Pte Ltd 0.80% 14,000 $1.9M
13 Bar Harbor Wealth Management 0.78% 108,589 $14.5M
14 Denali Advisors LLC 0.53% 39,800 $5.3M
15 RMR Capital Management, LLC 0.39% 4,223 $563K
16 Fieldview Capital Management, LLC 0.34% 8,877 $1.2M
17 Dark Forest Capital Management LP 0.23% 27,044 $3.6M
18 Prescott Group Capital Management, L.L.C. 0.20% 17,203 $2.3M
19 James Investment Research, INC. 0.19% 13,857 $1.8M
20 Edgestream Partners, L.P. 0.15% 38,472 $5.1M
21 Militia Capital Management LLC 0.12% 9,000 $1.2M
22 Inceptionr LLC 0.09% 2,805 $374K
23 Blueshift Asset Management, LLC 0.09% 2,894 $386K
24 HUB Investment Partners, LLC 0.05% 20,836 $2.8M
25 Anchor Capital Advisors LLC 0.05% 13,282 $1.8M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Nelnet Inc (NNI)

What does the Smart Money Trend signal show for NNI?

Buying streak — 6 quarters in a row: For 6 consecutive quarters, more hedge funds added NNI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for NNI?

Slight buying edge — 57% buying: Last quarter: 116 funds bought or added vs 88 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for NNI holders?

Elite ownership — 44% AUM from top-100 funds: 44 of 217 holders are among the 100 largest funds by AUM, controlling 44% of total institutional value in NNI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held NNI?

59% of holders stayed for 2+ years: 127 out of 217 hedge funds have held NNI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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