NELNET INC

Ticker: NNI CUSIP: 64031N108 Class: Common Stock

AXQ CAPITAL, LP's Holding History (CIK: 0001916908)

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

Q4 2025

Shares 2,619 Value ($000) $348 Avg Close $130.83 Range $121.27 - $140.87

Q3 2025

Shares 2,493 Value ($000) $313 Avg Close $125.09 Range $117.92 - $136.17

Q1 2024

Shares 2,458 Value ($000) $233 Avg Close $87.89 Range $82.22 - $94.71

Q4 2023

Shares 2,896 Value ($000) $255 Avg Close $86.55 Range $81.67 - $90.58

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	2,619	$348	$130.83	$121.27 - $140.87
Q3 2025	2,493	$313	$125.09	$117.92 - $136.17
Q1 2024	2,458	$233	$87.89	$82.22 - $94.71
Q4 2023	2,896	$255	$86.55	$81.67 - $90.58