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Compiled from SEC Form N-PX filings and NELNET INC.’s Form 8-K, filed 2024-05-21 (Item 5.07 on EDGAR). Page generated 02 October 2026.
Explore NELNET INC. in the interactive database Compare manager voting policies
These tallies are NELNET INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2024-05-21 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Outcome |
|---|---|---|---|---|---|---|
| Elect Director: Preeta D. Bansal | 127,440,567 | 161,831 | 600,920 | -- | 1,228,344 | Majority: yes |
| Elect Director: Michael S. Dunlap | 124,582,343 | 3,614,064 | 6,911 | -- | 1,228,344 | Majority: yes |
| Elect Director: Jona M. Van Deun | 123,435,352 | 4,166,610 | 601,356 | -- | 1,228,344 | Majority: yes |
| Proposal 2: Ratification of the appointment of KPMG LLP | 129,298,496 | 96,570 | 36,596 | -- | -- | Majority: yes |
| Proposal 3: Advisory vote on executive compensation | 127,827,846 | 328,323 | 47,149 | -- | 1,228,344 | Majority: yes |
| Proposal 4: Approval of an amended and restated Restricted Stock Plan | 125,737,674 | 182,701 | 2,282,943 | -- | 1,228,344 | Majority: yes |
Source: NELNET INC., Form 8-K, filed with the SEC on 2024-05-21 — read the filing on EDGAR.
Each item below shows how the 176 asset managers that disclosed a NELNET INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of NELNET INC.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.
Combines 5 wordings of this item as funds reported it.
99.7% Majority: yes · of votes cast
NELNET INC.’s own tally for this item (“Proposal 3: Advisory vote on executive compensation”): 127,827,846 for, 328,323 against, per its Form 8-K filed 2024-05-21 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.
The 174 asset managers below cast 96% of the shares they voted on this item FOR (11,400,604 for, 444,320 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 2,043,163 | 0 | 0 | 0 | For |
| MAGNOLIA GROUP, LLC | 1,900,000 | 0 | 0 | 0 | For |
| UNION BANK & TRUST CO /NE/ | 1,553,529 | 0 | 0 | 0 | For |
| Vanguard | 1,321,684 | 0 | 0 | 0 | For |
| BlackRock | 892,257 | 0 | 0 | 0 | For |
| Charles Schwab | 391,144 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 319,904 | 0 | 0 | 0 | For |
| Fidelity | 311,991 | 0 | 0 | 0 | For |
| State Street | 293,065 | 0 | 0 | 0 | For |
| Madison Avenue Partners, LP | 290,213 | 0 | 0 | 0 | For |
| GENERAL AMERICAN INVESTORS CO INC | 243,415 | 0 | 0 | 0 | For |
| American Century | 0 | 233,107 | 0 | 0 | Against |
| Northern Trust | 208,586 | 0 | 0 | 0 | For |
| Empyrean Capital Partners, LP | 197,924 | 0 | 0 | 0 | For |
| JPMorgan | 128,994 | 0 | 0 | 0 | For |
| Bandera Partners LLC | 127,000 | 0 | 0 | 0 | For |
| LAWSON KROEKER INVESTMENT MANAGEMENT INC/NE | 120,685 | 0 | 0 | 0 | For |
| BAR HARBOR WEALTH MANAGEMENT | 107,201 | 0 | 0 | 0 | For |
| DE Shaw | 92,513 | 0 | 0 | 0 | For |
| AllianceBernstein | 84,603 | 0 | 0 | 0 | For |
| MELLON INVESTMENTS Corp | 0 | 67,551 | 0 | 0 | Against |
| WisdomTree | 0 | 51,781 | 0 | 0 | Against |
| Brandywine Global Investment Management, LLC | 42,008 | 0 | 0 | 0 | For |
| Equitable | 37,887 | 0 | 0 | 0 | For |
| Nuveen | 35,848 | 0 | 0 | 0 | For |
Showing the 25 largest of 174 asset managers. See all 174 in the interactive database.
Combines 5 wordings of this item as funds reported it.
99.8% Majority: yes · of votes cast
NELNET INC.’s own tally for this item (“Elect Director: Preeta D. Bansal”): 127,440,567 for, 161,831 against, per its Form 8-K filed 2024-05-21 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.
The 62 asset managers below cast 99% of the shares they voted on this item FOR (4,971,539 for, 52,537 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,881,909 | 0 | 0 | 0 | For |
| Vanguard | 1,292,302 | 0 | 0 | 0 | For |
| BlackRock | 491,089 | 0 | 0 | 0 | For |
| Fidelity | 311,200 | 0 | 0 | 0 | For |
| GENERAL AMERICAN INVESTORS CO INC | 243,415 | 0 | 0 | 0 | For |
| Charles Schwab | 195,572 | 0 | 0 | 0 | For |
| American Century | 116,500 | 0 | 0 | 0 | For |
| Northern Trust | 70,889 | 0 | 0 | 0 | For |
| WisdomTree | 51,781 | 0 | 0 | 0 | For |
| Equitable | 20,150 | 17,737 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 34,627 | 0 | 0 | 0 | For |
| AllianceBernstein | 0 | 33,433 | 0 | 0 | Against |
| TIAA | 31,488 | 0 | 0 | 0 | For |
| First Trust | 26,249 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 22,583 | 0 | 0 | 0 | For |
| JAMES ADVANTAGE FUNDS | 20,646 | 0 | 0 | 0 | For |
| Jackson National | 17,121 | 0 | 0 | 0 | For |
| Lincoln Financial | 15,621 | 0 | 0 | 0 | For |
| Global X | 10,121 | 0 | 0 | 0 | For |
| JPMorgan | 9,910 | 0 | 0 | 0 | For |
| Harbor ETF Trust | 9,413 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 7,554 | 0 | 0 | 0 | For |
| John Hancock | 7,450 | 0 | 0 | 0 | For |
| Invesco | 6,683 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 6,362 | 0 | 0 | 0 | For |
Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.
Combines 5 wordings of this item as funds reported it.
97% Majority: yes · of votes cast
NELNET INC.’s own tally for this item (“Elect Director: Michael S. Dunlap”): 124,582,343 for, 3,614,064 against, per its Form 8-K filed 2024-05-21 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.
The 62 asset managers below cast 54.0% of the shares they voted on this item FOR (2,712,158 for, 2,311,918 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 0 | 1,881,909 | 0 | 0 | Against |
| Vanguard | 1,285,102 | 7,200 | 0 | 0 | For |
| BlackRock | 491,089 | 0 | 0 | 0 | For |
| Fidelity | 307,300 | 3,900 | 0 | 0 | For |
| GENERAL AMERICAN INVESTORS CO INC | 243,415 | 0 | 0 | 0 | For |
| Charles Schwab | 195,572 | 0 | 0 | 0 | For |
| American Century | 0 | 116,500 | 0 | 0 | Against |
| Northern Trust | 70,889 | 0 | 0 | 0 | For |
| WisdomTree | 0 | 51,781 | 0 | 0 | Against |
| Equitable | 20,150 | 17,737 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 0 | 34,627 | 0 | 0 | Against |
| AllianceBernstein | 0 | 33,433 | 0 | 0 | Against |
| TIAA | 0 | 31,488 | 0 | 0 | Against |
| First Trust | 0 | 26,249 | 0 | 0 | Against |
| QUANTITATIVE MASTER SERIES LLC | 22,583 | 0 | 0 | 0 | For |
| JAMES ADVANTAGE FUNDS | 0 | 20,646 | 0 | 0 | Against |
| Jackson National | 0 | 17,121 | 0 | 0 | Against |
| Lincoln Financial | 0 | 15,621 | 0 | 0 | Against |
| Global X | 10,121 | 0 | 0 | 0 | For |
| JPMorgan | 9,910 | 0 | 0 | 0 | For |
| Harbor ETF Trust | 9,413 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 5,235 | 2,319 | 0 | 0 | For |
| John Hancock | 0 | 7,450 | 0 | 0 | Against |
| Invesco | 6,683 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 0 | 6,362 | 0 | 0 | Against |
Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.
Combines 5 wordings of this item as funds reported it.
97% Majority: yes · of votes cast
NELNET INC.’s own tally for this item (“Elect Director: Jona M. Van Deun”): 123,435,352 for, 4,166,610 against, per its Form 8-K filed 2024-05-21 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.
The 62 asset managers below cast 44% of the shares they voted on this item FOR (2,207,790 for, 2,816,286 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 0 | 1,881,909 | 0 | 0 | Against |
| Vanguard | 1,285,102 | 7,200 | 0 | 0 | For |
| BlackRock | 491,089 | 0 | 0 | 0 | For |
| Fidelity | 7,776 | 303,424 | 0 | 0 | Against |
| GENERAL AMERICAN INVESTORS CO INC | 243,415 | 0 | 0 | 0 | For |
| Charles Schwab | 0 | 195,572 | 0 | 0 | Against |
| American Century | 0 | 116,500 | 0 | 0 | Against |
| Northern Trust | 70,889 | 0 | 0 | 0 | For |
| WisdomTree | 0 | 51,781 | 0 | 0 | Against |
| Equitable | 20,150 | 17,737 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 0 | 34,627 | 0 | 0 | Against |
| AllianceBernstein | 0 | 33,433 | 0 | 0 | Against |
| TIAA | 0 | 31,488 | 0 | 0 | Against |
| First Trust | 0 | 26,249 | 0 | 0 | Against |
| QUANTITATIVE MASTER SERIES LLC | 22,583 | 0 | 0 | 0 | For |
| JAMES ADVANTAGE FUNDS | 0 | 20,646 | 0 | 0 | Against |
| Jackson National | 0 | 17,121 | 0 | 0 | Against |
| Lincoln Financial | 10,938 | 4,683 | 0 | 0 | For |
| Global X | 0 | 10,121 | 0 | 0 | Against |
| JPMorgan | 9,910 | 0 | 0 | 0 | For |
| Harbor ETF Trust | 9,413 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 5,235 | 2,319 | 0 | 0 | For |
| John Hancock | 0 | 7,450 | 0 | 0 | Against |
| Invesco | 0 | 6,683 | 0 | 0 | Against |
| AIG/SunAmerica | 0 | 6,362 | 0 | 0 | Against |
Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.
Combines 4 wordings of this item as funds reported it.
99.9% Majority: yes · of votes cast
NELNET INC.’s own tally for this item (“Proposal 2: Ratification of the appointment of KPMG LLP”): 129,298,496 for, 96,570 against, per its Form 8-K filed 2024-05-21 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.
The 61 asset managers below cast 99.9% of the shares they voted on this item FOR (5,022,263 for, 202 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,881,909 | 0 | 0 | 0 | For |
| Vanguard | 1,292,302 | 0 | 0 | 0 | For |
| BlackRock | 491,089 | 0 | 0 | 0 | For |
| Fidelity | 311,200 | 0 | 0 | 0 | For |
| GENERAL AMERICAN INVESTORS CO INC | 243,415 | 0 | 0 | 0 | For |
| Charles Schwab | 195,572 | 0 | 0 | 0 | For |
| American Century | 116,500 | 0 | 0 | 0 | For |
| Northern Trust | 70,889 | 0 | 0 | 0 | For |
| WisdomTree | 51,781 | 0 | 0 | 0 | For |
| Equitable | 37,887 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 34,627 | 0 | 0 | 0 | For |
| AllianceBernstein | 33,433 | 0 | 0 | 0 | For |
| TIAA | 31,488 | 0 | 0 | 0 | For |
| First Trust | 26,249 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 22,583 | 0 | 0 | 0 | For |
| JAMES ADVANTAGE FUNDS | 20,646 | 0 | 0 | 0 | For |
| Jackson National | 17,121 | 0 | 0 | 0 | For |
| Lincoln Financial | 15,621 | 0 | 0 | 0 | For |
| Global X | 10,121 | 0 | 0 | 0 | For |
| JPMorgan | 9,910 | 0 | 0 | 0 | For |
| Harbor ETF Trust | 9,413 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 7,554 | 0 | 0 | 0 | For |
| John Hancock | 7,450 | 0 | 0 | 0 | For |
| Invesco | 6,683 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 6,362 | 0 | 0 | 0 | For |
Showing the 25 largest of 61 asset managers. See all 61 in the interactive database.
Combines 5 wordings of this item as funds reported it.
99.8% Majority: yes · of votes cast
NELNET INC.’s own tally for this item (“Proposal 4: Approval of an amended and restated Restricted Stock Plan”): 125,737,674 for, 182,701 against, per its Form 8-K filed 2024-05-21 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Share-of-outstanding not shown: votes cast exceed the reported share count, which usually means multiple share classes with different voting rights.
The 61 asset managers below cast 98% of the shares they voted on this item FOR (4,664,122 for, 116,539 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,881,909 | 0 | 0 | 0 | For |
| Vanguard | 1,292,302 | 0 | 0 | 0 | For |
| BlackRock | 491,089 | 0 | 0 | 0 | For |
| Fidelity | 311,200 | 0 | 0 | 0 | For |
| Charles Schwab | 195,572 | 0 | 0 | 0 | For |
| American Century | 0 | 116,500 | 0 | 0 | Against |
| Northern Trust | 70,889 | 0 | 0 | 0 | For |
| WisdomTree | 51,781 | 0 | 0 | 0 | For |
| Equitable | 37,887 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 34,627 | 0 | 0 | 0 | For |
| AllianceBernstein | 33,433 | 0 | 0 | 0 | For |
| TIAA | 31,488 | 0 | 0 | 0 | For |
| First Trust | 26,249 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 22,583 | 0 | 0 | 0 | For |
| JAMES ADVANTAGE FUNDS | 20,646 | 0 | 0 | 0 | For |
| Jackson National | 17,121 | 0 | 0 | 0 | For |
| Lincoln Financial | 15,621 | 0 | 0 | 0 | For |
| Global X | 10,121 | 0 | 0 | 0 | For |
| JPMorgan | 9,910 | 0 | 0 | 0 | For |
| Harbor ETF Trust | 9,413 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 7,554 | 0 | 0 | 0 | For |
| John Hancock | 7,450 | 0 | 0 | 0 | For |
| Invesco | 6,683 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 6,362 | 0 | 0 | 0 | For |
| Vericimetry Funds | 5,820 | 0 | 0 | 0 | For |
Showing the 25 largest of 61 asset managers. See all 61 in the interactive database.
100% fund support · no official result
The 2 asset managers below cast 100% of the shares they voted on this item FOR (2,431 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| First Nebraska Trust Co | 2,425 | 0 | 0 | 0 | For |
| Federated Hermes | 6 | 0 | 0 | 0 | For |
Ranked by the number of NELNET INC. shares each manager voted on the most widely held ballot item of the 2023-2024 meeting, shown as a share of the 37,156,971 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Dimensional | 5.50% |
| 2 | MAGNOLIA GROUP, LLC | 5.11% |
| 3 | UNION BANK & TRUST CO /NE/ | 4.18% |
| 4 | Vanguard | 3.56% |
| 5 | BlackRock | 2.40% |
| 6 | Charles Schwab | 1.05% |
| 7 | GEODE CAPITAL MANAGEMENT, LLC | 0.86% |
| 8 | Fidelity | 0.84% |
| 9 | State Street | 0.79% |
| 10 | Madison Avenue Partners, LP | 0.78% |
Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).
| Holder | % outstanding | Disclosure |
|---|---|---|
| Angela L. Muhleisen | 15.88% | DEF14A |
| Michael S. Dunlap | 14.06% | DEF14A |
| Dan D. Muhleisen | 9.93% | DEF14A |
| Union Bank and Trust Company | 8.78% | DEF14A |
| Dimensional Fund Advisors LP | 5.59% | DEF14A |
| Adam K. Peterson | 5.13% | DEF14A |
| Magnolia Capital Fund, LP | 5.11% | DEF14A |
| Deborah Bartels | 5.02% | DEF14A |
| Dunlap Holdings, LLC | 4.31% | DEF14A |
| Union Financial Services, Inc. | 4.27% | DEF14A |
Percentages above are of 37,156,971 shares outstanding, as reported by NELNET INC. on its Form 10-Q dated 2024-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from NELNET INC.’s 10-Q dated 2024-03-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.
At NELNET INC.'s shareholder meeting held 2024-05-16, in the 2023-2024 proxy season, 176 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,291 separate fund positions. Their filings are grouped here into 7 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — ADVISORY APPROVAL OF THE COMPANY'S EXECUTIVE COMPENSATION. — FOR was 99.7% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: NELNET INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on 2024-05-21.
NELNET INC. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.