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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, Q1 2025

Institutional positions in Nasdaq, Inc. as of Mar 31, 2025. 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
935
+41 vs. Q4 2024
Shares held
486.4M
+11.1M (+2.3%) vs. Q4 2024
Total value
$36.9B
+$108.5M (+0.3%) vs. Q4 2024
New holders
125
387 more added
Sold out
84
293 more reduced

14 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: 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 holdersQ1 2025: 935 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 heldQ1 2025: $36.9B
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, Q1 2025

Shares, value and share of portfolio for each institution holding Nasdaq, Inc.; share changes are against Q4 2024.

Institutions holding NDAQ in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Investor AB58,182,426$4.41B99.52%00.0%Unchanged
Vanguard Group Inc52,979,661$4.02B0.07%+403,248+0.8%Added
Thoma Bravo, L.P.42,804,207$3.25B22.31%00.0%Unchanged
BlackRock, Inc.36,214,813$2.75B0.06%+918,877+2.6%Added
Wellington Management Group LLP32,729,519$2.48B0.48%−2,227,056−6.4%Reduced
Massachusetts Financial Services Co20,433,885$1.55B0.52%+993,553+5.1%Added
State Street Corp18,330,882$1.39B0.06%−50,987−0.3%Reduced
Geode Capital Management, LLC11,367,308$859.7M0.07%+348,603+3.2%Added
Franklin Resources Inc11,314,168$858.3M0.25%+935,156+9.0%Added
Harris Associates L PSuperinvestorHarris Associates (Oakmark)8,693,469$659.5M1.11%+101,983+1.2%Added
Bank of America Corp7,194,650$545.8M0.05%+2,343,908+48.3%Added
Capital World Investors6,776,094$514.0M0.08%+581,929+9.4%Added
Manufacturers Life Insurance Company, The6,612,451$501.6M0.47%−341,883−4.9%Reduced
Ameriprise Financial Inc5,917,216$448.6M0.12%−87,831−1.5%Reduced
Morgan Stanley5,652,768$428.8M0.03%+9,214+0.2%Added
Invesco Ltd.5,494,271$416.8M0.08%+1,592,057+40.8%Added
Goldman Sachs Group Inc5,382,247$408.3M0.08%−173,550−3.1%Reduced
Norges Bank4,756,996$360.9M0.05%−731,105−13.3%Reduced
UBS Group AG4,747,496$360.1M0.08%+1,082,115+29.5%Added
Farallon Capital Management, L.L.C.4,460,288$338.4M1.82%+462,269+11.6%Added
Northern Trust Corp4,064,551$308.3M0.05%+70,155+1.8%Added
UBS Asset Management Americas Inc3,981,130$302.0M0.08%+262,661+7.1%Added
Bank Julius Baer & Co. Ltd, Zurich3,899,864$295.1M0.96%+176,472+4.7%Added
Bessemer Group Inc3,383,076$256.6M0.46%+226,788+7.2%Added
Nuveen, LLC3,184,996$241.6M0.08%+3,184,996New
Bank of New York Mellon Corp2,808,141$213.0M0.04%−497,834−15.1%Reduced
Legal & General Group Plc2,748,477$208.5M0.06%+87,887+3.3%Added
Diamond Hill Capital Management Inc2,722,926$206.6M0.95%−1,400,678−34.0%Reduced
Dimensional Fund Advisors LP2,633,730$199.8M0.05%+115,217+4.6%Added
Mariner, LLC2,547,371$193.2M0.32%+80,189+3.3%Added
American Century Companies Inc2,483,136$188.4M0.12%+106,606+4.5%Added
Charles Schwab Investment Management Inc2,416,602$183.3M0.03%+48,681+2.1%Added
Principal Financial Group Inc2,268,620$172.1M0.10%+27,622+1.2%Added
Amundi2,270,714$167.6M0.06%−460,121−16.8%Reduced
Liontrust Investment Partners LLP2,063,760$156.6M2.44%−80,395−3.7%Reduced
Johnson Investment Counsel Inc1,873,820$142.1M1.37%−61,149−3.2%Reduced
Deutsche Bank AG1,830,405$138.9M0.06%+214,823+13.3%Added
Two Sigma Advisers, LP1,811,000$137.4M0.31%−515,600−22.2%Reduced
Envestnet Asset Management Inc1,736,842$131.8M0.04%−53,824−3.0%Reduced
California Public Employees Retirement System1,686,061$127.9M0.09%−27,186−1.6%Reduced
Lord, Abbett & Co. LLC1,655,341$125.6M0.45%+845,725+104.5%Added
Barclays PLC1,558,873$118.3M0.05%+574,430+58.4%Added
Great West Life Assurance Co1,537,525$116.8M0.21%+108,575+7.6%Added
FMR LLC1,454,996$110.4M0.01%+394,651+37.2%Added
Union Bancaire Privee, UBP SA1,455,266$107.8M2.10%+15,453+1.1%Added
Handelsbanken Fonder AB1,354,476$102.8M0.42%+154,780+12.9%Added
Raymond James Financial Inc1,319,929$100.1M0.04%−44,459−3.3%Reduced
Renaissance Technologies LLC1,217,400$92.4M0.14%+537,400+79.0%Added
Prana Capital Management, LP1,204,321$91.4M3.72%−146,927−10.9%Reduced
Flossbach Von Storch AG1,158,977$87.9M0.38%+41,876+3.7%Added
Sumitomo Mitsui Trust Holdings, Inc.1,118,924$84.9M0.06%+11,970+1.1%Added
BNP Paribas Arbitrage, SA1,089,043$82.6M0.06%−149,078−12.0%Reduced
JPMorgan Chase & Co1,065,595$80.8M0.01%−162,938−13.3%Reduced
Chevy Chase Trust Holdings, Inc.1,012,886$76.8M0.25%−6,447−0.6%Reduced
Wells Fargo & Company954,946$72.4M0.02%+57,272+6.4%Added
Shapiro Capital Management LLC945,572$71.7M2.96%−151,263−13.8%Reduced
Rhumbline Advisers943,283$71.6M0.07%+100,604+11.9%Added
HSBC Holdings PLC927,015$70.2M0.05%−106,506−10.3%Reduced
Artisan Partners Limited Partnership883,808$67.0M0.11%−478,606−35.1%Reduced
Manning & Napier Advisors LLC861,437$65.3M0.81%+32,004+3.9%Added
Man Group plc809,453$61.4M0.18%+559,882+224.3%Added
Jefferies Financial Group Inc.788,249$59.8M1.03%+757,488+2,462.5%Added
LGT Capital Partners Ltd.786,824$59.7M2.65%−232,196−22.8%Reduced
Neuberger Berman Group LLC743,707$56.4M0.05%−41,684−5.3%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.728,622$55.3M0.05%+46,393+6.8%Added
Thrivent Financial for Lutherans719,618$54.8M0.12%−100,848−12.3%Reduced
Two Sigma Investments, LP714,239$54.2M0.12%−176,008−19.8%Reduced
Walleye Capital LLC697,512$52.9M0.59%+528,530+312.8%Added
Adage Capital Partners GP, L.L.C.687,640$52.2M0.10%−29,000−4.0%Reduced
MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH661,842$50.2M1.48%+661,842New
GQG Partners LLC660,595$50.1M0.08%+660,595New
Natixis Advisors, L.P.654,285$49.6M0.09%+89,625+15.9%Added
Universal- Beteiligungs- und Servicegesellschaft mbH648,043$49.2M0.10%+17,473+2.8%Added
Robeco Institutional Asset Management B.V.641,201$48.6M0.09%+21,801+3.5%Added
California State Teachers Retirement System633,239$48.0M0.06%−5,628−0.9%Reduced
Qube Research & Technologies Ltd633,168$48.0M0.07%+633,168New
Soros Fund Management LLCSuperinvestorSoros Fund Management625,634$47.5M0.85%+125,634+25.1%Added
Close Asset Management Ltd606,117$46.0M1.32%+79,540+15.1%Added
Price T Rowe Associates Inc594,149$45.1M0.01%+5,114+0.9%Added
Aviva PLC593,339$45.0M0.11%+85,430+16.8%Added
Prudential Financial Inc587,406$44.6M0.06%+42,669+7.8%Added
Royal Bank of Canada586,574$44.5M0.01%−182,375−23.7%Reduced
National Pension Service581,646$44.1M0.04%+14,535+2.6%Added
La Banque Postale Asset Management SA549,693$41.7M0.64%+75,106+15.8%Added
Sterling Capital Management LLC541,964$41.1M0.64%−279,163−34.0%Reduced
Blair William & Co541,044$41.0M0.12%+8,463+1.6%Added
Railway Pension Investments Ltd535,200$40.6M0.58%−32,700−5.8%Reduced
NorthCrest Asset Manangement, LLC511,726$38.8M1.17%+11,978+2.4%Added
FIL Ltd507,173$38.5M0.04%+96,961+23.6%Added
Rockefeller Capital Management L.P.503,719$38.2M0.09%+93,573+22.8%Added
Dundas Partners LLP500,759$38.0M2.80%00.0%Unchanged
Seven Grand Managers, LLC500,000$37.9M8.86%+200,000+66.7%Added
Benjamin Edwards Inc471,417$35.8M0.50%+68,445+17.0%Added
Eventide Asset Management, LLC471,529$35.8M0.71%+87,433+22.8%Added
Citigroup Inc467,668$35.5M0.03%+252,634+117.5%Added
LPL Financial LLC465,607$35.3M0.01%+24,336+5.5%Added
Bank of Montreal451,830$34.3M0.02%−127,310−22.0%Reduced
Alliancebernstein L.P.450,884$34.2M0.01%+4,754+1.1%Added
Truist Financial Corp425,397$32.3M0.05%−124,041−22.6%Reduced
Nordea Investment Management AB429,597$32.2M0.03%+19,691+4.8%Added