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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, Q4 2023

Institutional positions in Nasdaq, Inc. as of Dec 31, 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
727
+35 vs. Q3 2023
Shares held
434.8M
+78.6M (+22.1%) vs. Q3 2023
Total value
$25.3B
+$7.82B (+44.8%) vs. Q3 2023
New holders
115
250 more added
Sold out
80
267 more reduced

9 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2023: 727 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 heldQ4 2023: $25.3B
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, Q4 2023

Shares, value and share of portfolio for each institution holding Nasdaq, Inc.; share changes are against Q3 2023.

Institutions holding NDAQ in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Thoma Bravo, L.P.71,662,437$4.17B37.51%+71,662,437New
Investor AB58,182,426$3.38B99.87%00.0%Unchanged
Vanguard Group Inc45,065,891$2.62B0.06%+745,965+1.7%Added
BlackRock Inc.30,160,772$1.75B0.04%−820,160−2.6%Reduced
Massachusetts Financial Services Co24,199,020$1.41B0.45%−1,390,950−5.4%Reduced
State Street Corp14,530,259$844.8M0.04%+332,653+2.3%Added
Franklin Resources Inc8,494,704$493.9M0.23%+19,856+0.2%Added
Geode Capital Management, LLC8,330,079$483.2M0.05%+235,008+2.9%Added
Capital World Investors7,946,111$462.0M0.08%+5180.0%Added
Farallon Capital Management, L.L.C.6,570,500$382.0M2.39%+6,468,000+6,310.2%Added
Manufacturers Life Insurance Company, The6,065,600$352.7M0.21%−216,017−3.4%Reduced
Goldman Sachs Group Inc5,974,186$347.3M0.08%+1,451,331+32.1%Added
Millennium Management LLC5,926,415$344.6M0.33%+3,465,577+140.8%Added
Ameriprise Financial Inc4,831,767$281.7M0.08%+43,983+0.9%Added
Morgan Stanley4,789,790$278.5M0.02%+688,738+16.8%Added
Diamond Hill Capital Management Inc4,591,190$266.9M1.17%−328,549−6.7%Reduced
Bank of America Corp4,156,161$241.6M0.03%−112,870−2.6%Reduced
Norges Bank4,116,736$239.3M0.04%−111,896−2.6%Reduced
Northern Trust Corp3,203,664$186.3M0.03%−160,230−4.8%Reduced
Citadel Advisors LLC2,995,569$174.2M0.18%−77,271−2.5%Reduced
Truist Financial Corp2,821,490$164.0M0.26%−26,489−0.9%Reduced
Invesco Ltd.2,785,015$161.9M0.04%+130,835+4.9%Added
Bank Julius Baer & Co. Ltd, Zurich2,677,316$152.6M0.68%+179,846+7.2%Added
UBS Group AG2,585,774$150.3M0.06%+44,964+1.8%Added
Liontrust Investment Partners LLP2,410,328$140.1M2.03%−158,241−6.2%Reduced
Two Sigma Advisers, LP2,406,100$139.9M0.33%−869,800−26.6%Reduced
Bank of New York Mellon Corp2,401,494$139.6M0.03%−705,282−22.7%Reduced
Man Group plc2,342,939$136.2M0.39%––
Nordea Investment Management AB2,326,799$135.4M0.17%+40,215+1.8%Added
Dimensional Fund Advisors LP2,277,355$132.4M0.04%+42,960+1.9%Added
Bessemer Group Inc2,276,075$132.3M0.26%+4,302+0.2%Added
Legal & General Group Plc2,263,412$131.6M0.04%−62,790−2.7%Reduced
California Public Employees Retirement System2,105,409$122.4M0.09%−29,675−1.4%Reduced
UBS Asset Management Americas Inc2,087,896$121.4M0.05%+115,759+5.9%Added
Envestnet Asset Management Inc2,078,118$120.8M0.05%+7,668+0.4%Added
Johnson Investment Counsel Inc2,011,075$116.9M1.37%+72,515+3.7%Added
Two Sigma Investments, LP1,996,362$116.1M0.28%−1,465,192−42.3%Reduced
FMR LLC1,835,984$106.7M0.01%−196,950−9.7%Reduced
Charles Schwab Investment Management Inc1,827,236$106.2M0.03%+60,770+3.4%Added
Mariner, LLC1,815,186$105.5M0.25%+188,448+11.6%Added
Barclays PLC1,777,240$103.3M0.05%+741,511+71.6%Added
Bain Capital Public Equity Management II, LLC1,655,337$96.2M4.25%+1,655,337New
Amundi1,561,065$88.0M0.04%+215,429+16.0%Added
Handelsbanken Fonder AB1,479,510$86.0M0.42%+362,691+32.5%Added
Qube Research & Technologies Ltd1,343,868$78.1M0.18%+302,971+29.1%Added
Nuveen Asset Management, LLC1,296,791$75.4M0.02%−204,233−13.6%Reduced
Balyasny Asset Management LLC1,268,423$73.7M0.20%−409,682−24.4%Reduced
LGT Capital Partners Ltd.1,264,990$73.5M2.19%+730,200+136.5%Added
Bank of Montreal1,228,395$71.6M0.04%+321,122+35.4%Added
Raymond James & Associates1,182,960$68.8M0.05%+13,883+1.2%Added
First Trust Advisors LP1,178,626$68.5M0.07%−256,523−17.9%Reduced
Deutsche Bank AG1,155,834$67.2M0.03%+179,435+18.4%Added
Principal Financial Group Inc1,150,735$66.9M0.04%−70,275−5.8%Reduced
Chevy Chase Trust Holdings, Inc.1,039,760$60.5M0.22%−12,809−1.2%Reduced
APG Asset Management N.V.1,107,595$58.3M0.11%+407,015+58.1%Added
Sumitomo Mitsui Trust Holdings, Inc.983,074$57.2M0.04%−11,501−1.2%Reduced
Credit Suisse AG906,792$52.7M0.05%−29,370−3.1%Reduced
Wells Fargo & Company861,694$50.1M0.01%−46,685−5.1%Reduced
Flossbach Von Storch AG843,383$49.0M0.22%+47,440+6.0%Added
NFJ Investment Group, LLC837,251$48.7M1.35%−82,592−9.0%Reduced
Robeco Institutional Asset Management B.V.804,313$46.8M0.11%+211,550+35.7%Added
HSBC Holdings PLC752,519$43.7M0.04%−10,553−1.4%Reduced
Rhumbline Advisers751,489$43.7M0.05%−1,697−0.2%Reduced
Voloridge Investment Management, LLC693,197$40.3M0.16%−943,448−57.6%Reduced
Allianz Asset Management GmbH632,026$36.7M0.07%−257,058−28.9%Reduced
Natixis Advisors, L.P.625,762$36.4M0.10%+27,145+4.5%Added
JPMorgan Chase & Co589,794$34.3M0.00%−156,926−21.0%Reduced
Pictet Asset Management Holding SA570,502$33.2M0.04%+24,173+4.4%Added
Royal Bank of Canada566,408$32.9M0.01%+14,701+2.7%Added
Dearborn Partners LLC563,244$32.7M1.19%−10,183−1.8%Reduced
Alliancebernstein L.P.533,651$31.0M0.01%+20,628+4.0%Added
Tudor Investment Corp Et Al529,928$30.8M0.43%−11,462−2.1%Reduced
California State Teachers Retirement System525,123$30.5M0.04%+20,980+4.2%Added
National Pension Service518,872$30.2M0.04%00.0%Unchanged
Connor, Clark & Lunn Investment Management Ltd.512,618$29.8M0.14%+48,275+10.4%Added
Dundas Partners LLP495,994$28.8M2.51%00.0%Unchanged
Prana Capital Management, LP487,659$28.4M1.67%−417,103−46.1%Reduced
NorthCrest Asset Manangement, LLC478,693$27.8M1.05%+231,486+93.6%Added
Assenagon Asset Management S.A.461,494$26.8M0.08%+93,394+25.4%Added
Price T Rowe Associates Inc459,100$26.7M0.00%+8,809+2.0%Added
Prudential Financial Inc458,079$26.5M0.04%−9,182−2.0%Reduced
Worldquant Millennium Advisors LLC454,224$26.4M0.37%−163,364−26.5%Reduced
Sabal Trust CO448,677$26.1M1.60%−6,736−1.5%Reduced
Thrivent Financial for Lutherans421,112$24.5M0.05%+37,568+9.8%Added
BNP Paribas Arbitrage, SA415,101$24.1M0.04%+46,957+12.8%Added
AQR Capital Management LLC410,941$23.9M0.04%+109,580+36.4%Added
Railway Pension Investments Ltd380,200$22.1M0.23%00.0%Unchanged
State Board of Administration of Florida Retirement System377,941$22.0M0.05%−1,742−0.5%Reduced
Aviva PLC373,686$21.7M0.08%−25,098−6.3%Reduced
New York State Common Retirement Fund373,482$21.7M0.03%−32,247−7.9%Reduced
Braun Stacey Associates Inc365,494$21.2M0.95%+83,227+29.5%Added
Benjamin F. Edwards & Company, Inc.365,047$21.2M0.43%+317,428+666.6%Added
Commerce Bank356,794$20.7M0.15%−9,313−2.5%Reduced
Walleye Capital LLC356,737$20.7M0.29%−7,320−2.0%Reduced
Victory Capital Management Inc349,594$20.3M0.02%+65,507+23.1%Added
Vaughan Nelson Investment Management, L.P.340,968$19.8M0.20%−3,025−0.9%Reduced
Adage Capital Partners GP, L.L.C.330,640$19.2M0.04%+43,600+15.2%Added
New York State Teachers Retirement System330,157$19.2M0.04%−510.0%Reduced
United Capital Financial Advisers, LLC322,170$18.7M0.16%−202,865−38.6%Reduced
The PNC Financial Services Group, Inc.319,092$18.6M0.01%−429,938−57.4%Reduced