NELNET INC

Ticker: NNI CUSIP: 64031N108 Class: Common Stock

MAI Capital Management's Holding History (CIK: 0001040197)

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

Q4 2025

Shares 30 Value ($000) $4 Avg Close $130.83 Range $121.27 - $140.87

Q3 2025

Shares 28 Value ($000) $3 Avg Close $125.09 Range $117.92 - $136.17

Q2 2025

Shares 27 Value ($000) $3 Avg Close $111.69 Range $98.15 - $121.82

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	30	$4	$130.83	$121.27 - $140.87
Q3 2025	28	$3	$125.09	$117.92 - $136.17
Q2 2025	27	$3	$111.69	$98.15 - $121.82