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Nasdaq, Inc.

NDAQ
Exchange
Nasdaq
Industry
Security & Commodity Brokers, Dealers, Exchanges & Services
SEC CIK
0001120193

In the last 90 days, Nasdaq, Inc. insiders filed 0 open-market purchases and 10 sales; 1,091 institutions reported holding it in 13F filings for Q2 2026, worth $37.2B in total; Harris Associates (Oakmark) is the only superinvestor holding it.

13F holders, Q3 2023

Institutional positions in Nasdaq, Inc. as of Sep 30, 2023. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
701
+10 vs. Q2 2023
Shares held
356.4M
−4.49M (−1.2%) vs. Q2 2023
Total value
$17.4B
−$531.7M (−3.0%) vs. Q2 2023
New holders
71
223 more added
Sold out
61
299 more reduced

6 institutions that held it in Q2 2023 haven't filed for Q3 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2023: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting NDAQ on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2023: 701 institutions
Q1 2021: 593 institutionsQ2 2021: 602 institutionsQ3 2021: 617 institutionsQ4 2021: 716 institutionsQ1 2022: 680 institutionsQ2 2022: 646 institutionsQ3 2022: 683 institutionsQ4 2022: 718 institutionsQ1 2023: 690 institutionsQ2 2023: 697 institutionsQ3 2023: 701 institutionsQ4 2023: 727 institutionsQ1 2024: 766 institutionsQ2 2024: 759 institutionsQ3 2024: 844 institutionsQ4 2024: 908 institutionsQ1 2025: 935 institutionsQ2 2025: 1,022 institutionsQ3 2025: 1,047 institutionsQ4 2025: 1,104 institutionsQ1 2026: 1,100 institutionsQ2 2026: 1,091 institutions
Value heldQ3 2023: $17.4B
Q1 2021: $18.0BQ2 2021: $21.3BQ3 2021: $23.5BQ4 2021: $26.0BQ1 2022: $21.6BQ2 2022: $18.4BQ3 2022: $20.6BQ4 2022: $22.4BQ1 2023: $19.8BQ2 2023: $18.0BQ3 2023: $17.4BQ4 2023: $25.3BQ1 2024: $30.3BQ2 2024: $28.8BQ3 2024: $34.9BQ4 2024: $37.0BQ1 2025: $36.9BQ2 2025: $42.8BQ3 2025: $42.0BQ4 2025: $46.7BQ1 2026: $39.7BQ2 2026: $37.2B
Institutions holding NDAQ and their total value by quarter
QuarterHoldersValue
Q2 20261,091$37.2B
Q1 20261,100$39.7B
Q4 20251,104$46.7B
Q3 20251,047$42.0B
Q2 20251,022$42.8B
Q1 2025935$36.9B
Q4 2024908$37.0B
Q3 2024844$34.9B
Q2 2024759$28.8B
Q1 2024766$30.3B
Q4 2023727$25.3B
Q3 2023701$17.4B
Q2 2023697$18.0B
Q1 2023690$19.8B
Q4 2022718$22.4B
Q3 2022683$20.6B
Q2 2022646$18.4B
Q1 2022680$21.6B
Q4 2021716$26.0B
Q3 2021617$23.5B
Q2 2021602$21.3B
Q1 2021593$18.0B

Institutions, Q3 2023

Shares, value and share of portfolio for each institution holding Nasdaq, Inc.; share changes are against Q2 2023.

Institutions holding NDAQ in Q3 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Algert Global LLC11,502$558.9K0.03%−1,749−13.2%Reduced
D.A. Davidson & Co.11,631$565.2K0.01%−706−5.7%Reduced
Stevens Capital Management LP11,647$566.0K0.16%−16,008−57.9%Reduced
CWM, LLC11,683$568.0K0.00%+714+6.5%Added
Argent Trust Co11,741$570.5K0.03%+150+1.3%Added
PGGM Investments11,745$571.0K0.01%−3,416−22.5%Reduced
Natixis Investment Managers International11,782$572.5K0.04%−15,440−56.7%Reduced
Empirical Finance, LLC11,824$574.5K0.04%+1,088+10.1%Added
Capstone Investment Advisors, LLC12,078$586.9K0.02%−646−5.1%Reduced
Kentucky Retirement Systems Insurance Trust Fund12,265$596.0K0.05%+109+0.9%Added
Arcadia Investment Management Corp12,411$603.1K0.13%−424−3.3%Reduced
Pathstone Family Office, LLC12,438$604.3K0.00%+6,869+123.3%Added
Wetherby Asset Management Inc12,455$605.2K0.03%−2,877−18.8%Reduced
SPC Financial, Inc.12,460$605.4K0.07%00.0%Unchanged
Wealthfront Advisers LLC12,503$607.5K0.00%−3,669−22.7%Reduced
NBC Securities, Inc.12,790$621.0K0.07%+12,790New
Symmetry Partners, LLC12,882$626.0K0.03%00.0%Unchanged
First Pacific Financial13,080$635.6K0.28%−437−3.2%Reduced
Sumitomo Life Insurance Co13,232$642.9K0.02%−420−3.1%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main13,521$657.1K0.00%+1,520+12.7%Added
Waterfront Wealth Inc.13,287$662.1K0.22%+3,226+32.1%Added
Norinchukin Bank, The13,769$669.0K0.02%−19,661−58.8%Reduced
Cutler Group LP13,869$673.0K0.11%+7,550+119.5%Added
Raymond James Trust N.A.13,895$675.2K0.02%+682+5.2%Added
Martin Capital Advisors, LLP13,902$675.5K0.66%00.0%Unchanged
Metropolitan Life Insurance Co14,025$681.5K0.04%−732−5.0%Reduced
PAX Financial Group, LLC14,086$684.4K0.16%+163+1.2%Added
Fairbanks Capital Management, Inc.14,600$709.4K0.60%−719−4.7%Reduced
Wolverine Trading, LLC14,643$711.5K0.01%+2,071+16.5%Added
Marshall Financial Group LLC14,910$724.5K0.26%+17+0.1%Added
Hunter Associates Investment Management LLC14,997$731.0K0.15%00.0%Unchanged
Los Angeles Capital Management LLC15,205$738.8K0.00%−1,591−9.5%Reduced
Agf Management Ltd15,436$750.0K0.01%+15,436New
Blair William & Co15,746$765.1K0.00%−3,600−18.6%Reduced
E. Ohman J:or Asset Management AB15,822$768.8K0.03%00.0%Unchanged
Dai-Ichi Life Insurance Company, Ltd15,845$769.9K0.02%−19,267−54.9%Reduced
Canandaigua National Bank & Trust Co16,304$792.2K0.13%−141−0.9%Reduced
Prudential PLC16,611$807.1K0.01%−2,867−14.7%Reduced
WSFS Capital Management, LLC17,055$828.7K0.05%−395−2.3%Reduced
Benjamin Edwards Inc17,243$838.0K0.20%−531−3.0%Reduced
Steward Partners Investment Advisory, LLC17,385$844.7K0.01%−9,326−34.9%Reduced
Allspring Global Investments Holdings, LLC17,401$845.5K0.00%−1,806−9.4%Reduced
New Mexico Educational Retirement Board17,584$854.0K0.04%+1,100+6.7%Added
Diversified Trust Co17,578$854.1K0.03%−3,657−17.2%Reduced
First Republic Investment Management, Inc.17,922$870.8K0.00%+17,922New
Mission Wealth Management, LP17,998$874.5K0.03%+1,358+8.2%Added
Banque Cantonale Vaudoise18,127$881.0K0.04%−8,173−31.1%Reduced
Flagship Harbor Advisors, LLC18,195$884.1K0.07%+918+5.3%Added
Natixis18,583$902.9K0.01%−2,849−13.3%Reduced
Cetera Investment Advisers18,691$908.2K0.01%+6,170+49.3%Added
Nebula Research & Development LLC18,751$911.1K0.48%+18,751New
Avitas Wealth Management LLC18,779$912.5K0.17%−429−2.2%Reduced
Tealwood Asset Management Inc19,371$941.0K0.48%−343−1.7%Reduced
Polaris Wealth Advisory Group, LLC19,418$943.5K0.07%+1,854+10.6%Added
Cresset Asset Management, LLC19,778$961.0K0.01%+969+5.2%Added
Halpern Financial, Inc.20,100$976.7K0.34%−700−3.4%Reduced
Verition Fund Management LLC20,469$994.6K0.01%−4,812−19.0%Reduced
Pearl River Capital, LLC20,748$1.01M0.16%+20,748New
O'Shaughnessy Asset Management, LLC20,996$1.02M0.02%−4,298−17.0%Reduced
Louisiana State Employees Retirement System21,000$1.02M0.02%+100+0.5%Added
Wealth Enhancement Advisory Services, LLC21,174$1.03M0.00%+21,174New
Fifth Third Bancorp21,235$1.03M0.00%−15,614−42.4%Reduced
Echo Street Capital Management LLC21,333$1.04M0.01%−64,146−75.0%Reduced
Westover Capital Advisors, LLC21,896$1.06M0.39%−4,929−18.4%Reduced
Mount Yale Investment Advisors, LLC22,836$1.11M0.12%−483−2.1%Reduced
Hartford Investment Management Co23,131$1.12M0.04%−680−2.9%Reduced
Metis Global Partners, LLC23,226$1.13M0.05%+2,674+13.0%Added
Graham Capital Management, L.P.23,289$1.13M0.03%+2,919+14.3%Added
Texas Yale Capital Corp.23,442$1.14M0.05%00.0%Unchanged
Vontobel Holding Ltd.23,743$1.15M0.01%−4,942−17.2%Reduced
Captrust Financial Advisors23,217$1.16M0.00%+2,816+13.8%Added
Gardner Lewis Asset Management L P24,080$1.17M0.43%+13,080+118.9%Added
First American Bank24,208$1.18M0.11%+105+0.4%Added
Securian Asset Management, Inc24,293$1.18M0.04%−3,698−13.2%Reduced
American Century Companies Inc24,392$1.19M0.00%+4,482+22.5%Added
Engineers Gate Manager LP24,911$1.21M0.04%+307+1.2%Added
Fisher Asset Management, LLC24,980$1.21M0.00%−2,626−9.5%Reduced
Jump Financial, LLC24,997$1.21M0.05%−657−2.6%Reduced
Harris Associates L PSuperinvestorHarris Associates (Oakmark)25,222$1.23M0.00%−3,485−12.1%Reduced
Leavell Investment Management, Inc.25,320$1.23M0.09%00.0%Unchanged
Roman Butler Fullerton & Co24,932$1.23M0.58%−719−2.8%Reduced
GTS Securities LLC25,467$1.24M0.03%+8,509+50.2%Added
Ridgewood Investments LLC25,743$1.25M0.82%+2,403+10.3%Added
Cipher Capital LP26,017$1.26M0.90%−88,737−77.3%Reduced
Maryland State Retirement & Pension System26,075$1.27M0.03%00.0%Unchanged
Ieq Capital, LLC26,144$1.27M0.03%+4,589+21.3%Added
Oregon Public Employees Retirement Fund26,249$1.28M0.02%−100−0.4%Reduced
Pinebridge Investments, L.P.26,670$1.30M0.01%−209,152−88.7%Reduced
Advisor Partners II, LLC26,749$1.30M0.05%−6,109−18.6%Reduced
SRN Advisors, LLC26,760$1.30M1.29%−5,692−17.5%Reduced
Tower Research Capital LLC (TRC)26,800$1.30M0.04%+23,589+734.6%Added
Cyndeo Wealth Partners, LLC26,863$1.31M0.14%+190+0.7%Added
Pettee Investors, Inc.27,015$1.31M0.62%00.0%Unchanged
Banco Bilbao Vizcaya Argentaria, S.A.27,538$1.33M0.02%−114,667−80.6%Reduced
Kentucky Retirement Systems27,471$1.33M0.05%+244+0.9%Added
JustInvest LLC27,738$1.35M0.04%−2,772−9.1%Reduced
Edmond de Rothschild Holding S.A.28,044$1.36M0.03%−79,279−73.9%Reduced
AE Wealth Management LLC28,352$1.38M0.01%−24,100−45.9%Reduced
Elo Mutual Pension Insurance Co28,679$1.39M0.04%+417+1.5%Added
Ameritas Investment Partners, Inc.28,845$1.40M0.06%−2,968−9.3%Reduced