NELNET INC

Ticker: NNI CUSIP: 64031N108 Class: Common Stock

ELEMENT CAPITAL MANAGEMENT LLC's Holding History (CIK: 0001535630)

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

Q3 2018

Shares 6,422 Value ($000) $367 Avg Close $58.54 Range $55.19 - $62.40

Q2 2018

Shares 7,885 Value ($000) $461 Avg Close $57.79 Range $50.32 - $64.00

Q1 2018

Shares 6,533 Value ($000) $342 Avg Close $53.02 Range $48.30 - $57.93

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2018	6,422	$367	$58.54	$55.19 - $62.40
Q2 2018	7,885	$461	$57.79	$50.32 - $64.00
Q1 2018	6,533	$342	$53.02	$48.30 - $57.93