NELNET INC

Ticker: NNI CUSIP: 64031N108 Class: Common Stock

MERCER GLOBAL ADVISORS INC /ADV's Holding History (CIK: 0000853758)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 1,581 Value ($000) $210 Avg Close $130.83 Range $121.27 - $140.87

Q4 2023

Shares 4,695 Value ($000) $0 Avg Close $86.55 Range $81.67 - $90.58

Q3 2023

Shares 5,684 Value ($000) $1 Avg Close $94.39 Range $88.59 - $100.59

Q2 2023

Shares 5,676 Value ($000) $1 Avg Close $94.99 Range $89.57 - $101.60

Q1 2023

Shares 4,179 Value ($000) $0 Avg Close $92.66 Range $87.01 - $97.02

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,581	$210	$130.83	$121.27 - $140.87
Q4 2023	4,695	$0	$86.55	$81.67 - $90.58
Q3 2023	5,684	$1	$94.39	$88.59 - $100.59
Q2 2023	5,676	$1	$94.99	$89.57 - $101.60
Q1 2023	4,179	$0	$92.66	$87.01 - $97.02