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 9 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 1,091 | $37.2B |
| Q1 2026 | 1,100 | $39.7B |
| Q4 2025 | 1,104 | $46.7B |
| Q3 2025 | 1,047 | $42.0B |
| Q2 2025 | 1,022 | $42.8B |
| Q1 2025 | 935 | $36.9B |
| Q4 2024 | 908 | $37.0B |
| Q3 2024 | 844 | $34.9B |
| Q2 2024 | 759 | $28.8B |
| Q1 2024 | 766 | $30.3B |
| Q4 2023 | 727 | $25.3B |
| Q3 2023 | 701 | $17.4B |
| Q2 2023 | 697 | $18.0B |
| Q1 2023 | 690 | $19.8B |
| Q4 2022 | 718 | $22.4B |
| Q3 2022 | 683 | $20.6B |
| Q2 2022 | 646 | $18.4B |
| Q1 2022 | 680 | $21.6B |
| Q4 2021 | 716 | $26.0B |
| Q3 2021 | 617 | $23.5B |
| Q2 2021 | 602 | $21.3B |
| Q1 2021 | 593 | $18.0B |
Institutions, Q1 2025
Shares, value and share of portfolio for each institution holding Nasdaq, Inc.; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Nebula Research & Development LLC | 8,673 | $657.9K | 0.06% | +8,673 | New |
| FORA Capital, LLC | 8,754 | $664.1K | 0.07% | +8,754 | New |
| Vestcor Inc | 8,825 | $669.0K | 0.02% | +141+1.6% | Added |
| Frank, Rimerman Advisors LLC | 8,869 | $672.8K | 0.05% | −205−2.3% | Reduced |
| Brown, Lisle/Cummings, Inc. | 8,925 | $677.1K | 0.20% | −155−1.7% | Reduced |
| Manchester Capital Management LLC | 8,967 | $680.2K | 0.08% | +9+0.1% | Added |
| Harbor Capital Advisors, Inc. | 9,081 | $689.0K | 0.03% | −737−7.5% | Reduced |
| Allstate Corp | 9,131 | $692.7K | 0.02% | −3,726−29.0% | Reduced |
| Petrus Trust Company, LTA | 9,138 | $693.2K | 0.06% | +9,138 | New |
| Crestmont Private Wealth LLC | 9,182 | $696.5K | 0.30% | +1,165+14.5% | Added |
| SRN Advisors, LLC | 9,214 | $699.0K | 0.78% | −6,688−42.1% | Reduced |
| Intrust Bank NA | 9,463 | $717.9K | 0.07% | −411−4.2% | Reduced |
| Harbor Investment Advisory, LLC | 9,528 | $722.8K | 0.07% | +600+6.7% | Added |
| RSM US Wealth Management LLC | 9,534 | $723.2K | 0.01% | −1,156−10.8% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 9,709 | $728.2K | 0.01% | +1,833+23.3% | Added |
| D.A. Davidson & Co. | 9,879 | $749.5K | 0.01% | +34+0.3% | Added |
| Oppenheimer & Co Inc | 9,920 | $752.5K | 0.01% | −5,375−35.1% | Reduced |
| Guinness Asset Management LTD | 10,001 | $758.7K | 0.01% | −858−7.9% | Reduced |
| Seeds Investor LLC | 10,059 | $763.1K | 0.21% | −1,806−15.2% | Reduced |
| NBC Securities, Inc. | 10,130 | $768.0K | 0.07% | +10,120+101,200.0% | Added |
| First National Advisers, LLC | 10,166 | $771.2K | 0.12% | +909+9.8% | Added |
| Hantz Financial Services, Inc. | 10,244 | $777.0K | 0.01% | +170+1.7% | Added |
| Fiduciary Trust Co | 10,283 | $780.1K | 0.01% | +517+5.3% | Added |
| HB Wealth Management, LLC | 10,301 | $781.4K | 0.01% | +1,181+12.9% | Added |
| ASR Vermogensbeheer N.V. | 10,305 | $781.7K | 0.01% | +10,305 | New |
| S-Bank Fund Management Ltd | 10,328 | $783.5K | 0.15% | +10,328 | New |
| Vident Advisory, LLC | 10,469 | $794.2K | 0.01% | +5,242+100.3% | Added |
| Verity & Verity, LLC | 10,521 | $798.1K | 0.07% | +834+8.6% | Added |
| Legato Capital Management LLC | 10,534 | $799.1K | 0.11% | +10,534 | New |
| XTX Topco Ltd | 10,563 | $801.3K | 0.04% | +10,563 | New |
| Journey Advisory Group, LLC | 10,588 | $803.2K | 0.07% | +3,063+40.7% | Added |
| Quadrant Capital Group LLC | 10,623 | $805.9K | 0.03% | +6,552+160.9% | Added |
| Dorsey & Whitney Trust CO LLC | 10,666 | $809.1K | 0.05% | −38−0.4% | Reduced |
| Apollon Wealth Management, LLC | 10,774 | $817.3K | 0.02% | +677+6.7% | Added |
| Argent Trust Co | 10,810 | $820.0K | 0.03% | −403−3.6% | Reduced |
| Guggenheim Capital LLC | 10,905 | $827.3K | 0.01% | −1,072−9.0% | Reduced |
| Lombard Odier Asset Management (Europe) Ltd | 11,000 | $834.5K | 0.07% | −69,639−86.4% | Reduced |
| Spire Wealth Management | 11,034 | $837.0K | 0.03% | −11−0.1% | Reduced |
| SG Americas Securities, LLC | 11,087 | $841.0K | 0.00% | +6,510+142.2% | Added |
| Morse Asset Management, Inc | 11,135 | $844.7K | 0.21% | 00.0% | Unchanged |
| Scientech Research LLC | 11,244 | $853.0K | 0.23% | +11,244 | New |
| Arete Wealth Advisors, LLC | 11,375 | $863.0K | 0.07% | +11,375 | New |
| Clarus Wealth Advisors | 12,242 | $881.3K | 0.47% | +1,546+14.5% | Added |
| Waratah Capital Advisors Ltd. | 11,700 | $887.6K | 0.06% | +11,700 | New |
| First Pacific Financial | 11,834 | $897.7K | 0.18% | −1,929−14.0% | Reduced |
| Global Financial Private Client, LLC | 11,890 | $902.0K | 0.34% | −225−1.9% | Reduced |
| Stablepoint Partners, LLC | 11,906 | $903.2K | 0.16% | −1,371−10.3% | Reduced |
| Kentucky Retirement Systems Insurance Trust Fund | 11,977 | $908.6K | 0.07% | +11,977 | New |
| SPC Financial, Inc. | 12,040 | $913.4K | 0.08% | +825+7.4% | Added |
| Greenleaf Trust | 12,060 | $914.9K | 0.01% | +397+3.4% | Added |
| Penserra Capital Management LLC | 12,084 | $915.0K | 0.02% | +9,094+304.1% | Added |
| Canandaigua National Bank & Trust Co | 12,106 | $918.4K | 0.09% | +2,004+19.8% | Added |
| Investment Management Corp of Ontario | 12,135 | $920.6K | 0.02% | +12,135 | New |
| BDF-Gestion | 12,169 | $923.1K | 0.10% | 00.0% | Unchanged |
| PAX Financial Group, LLC | 12,201 | $925.6K | 0.16% | +1,210+11.0% | Added |
| Whitener Capital Management, Inc. | 12,210 | $926.3K | 0.26% | +493+4.2% | Added |
| TownSquare Capital, LLC | 12,224 | $927.3K | 0.01% | +1,186+10.7% | Added |
| Tritonpoint Wealth, LLC | 12,260 | $930.0K | 0.09% | +127+1.0% | Added |
| Farther Finance Advisors, LLC | 12,244 | $931.0K | 0.02% | +251+2.1% | Added |
| Cresset Asset Management, LLC | 12,420 | $942.2K | 0.00% | −863−6.5% | Reduced |
| BI Asset Management Fondsmaeglerselskab A/S | 12,450 | $944.0K | 0.01% | −21,791−63.6% | Reduced |
| Belpointe Asset Management LLC | 12,510 | $949.0K | 0.05% | −7,193−36.5% | Reduced |
| Fortis Capital Advisors, LLC | 12,510 | $949.0K | 0.19% | −7,193−36.5% | Reduced |
| Empirical Finance, LLC | 12,562 | $953.0K | 0.06% | +374+3.1% | Added |
| Board of the Pension Protection Fund | 12,600 | $955.8K | 1.09% | +12,600 | New |
| Twin Tree Management, LP | 12,707 | $964.0K | 0.02% | −4,245−25.0% | Reduced |
| Ballentine Partners, LLC | 12,806 | $971.5K | 0.02% | −669−5.0% | Reduced |
| Omers Administration Corp | 12,907 | $979.1K | 0.01% | −2,135−14.2% | Reduced |
| Keybank National Association | 13,021 | $987.8K | 0.00% | +2,290+21.3% | Added |
| Northwestern Mutual Investment Management Company, LLC | 13,161 | $998.4K | 0.02% | +22+0.2% | Added |
| Trueblood Wealth Management, LLC | 13,180 | $999.8K | 0.46% | −18−0.1% | Reduced |
| V-Square Quantitative Management LLC | 13,257 | $1.01M | 0.15% | +106+0.8% | Added |
| Ci Investments Inc. | 13,355 | $1.01M | 0.00% | +1,491+12.6% | Added |
| Tokio Marine Asset Management Co Ltd | 13,470 | $1.02M | 0.04% | 00.0% | Unchanged |
| Martin Capital Advisors, LLP | 13,532 | $1.03M | 0.73% | 00.0% | Unchanged |
| Twinbeech Capital LP | 13,561 | $1.03M | 0.02% | +7,935+141.0% | Added |
| Sone Capital Management, LLC | 14,202 | $1.08M | 0.11% | +14,202 | New |
| Colony Group, LLC | 14,351 | $1.09M | 0.00% | +2,101+17.2% | Added |
| Aigen Investment Management, LP | 14,461 | $1.10M | 0.17% | +14,461 | New |
| Empowered Funds, LLC | 14,574 | $1.11M | 0.02% | +538+3.8% | Added |
| CWM, LLC | 14,634 | $1.11M | 0.00% | +2,011+15.9% | Added |
| Ridgewood Investments LLC | 14,657 | $1.11M | 0.52% | −1,029−6.6% | Reduced |
| Kensington Investment Counsel, LLC | 14,699 | $1.12M | 0.50% | −475−3.1% | Reduced |
| Heritage Family Offices, LLP | 14,776 | $1.12M | 0.57% | +14,776 | New |
| GAMMA Investing LLC | 14,887 | $1.13M | 0.08% | −236−1.6% | Reduced |
| Copeland Capital Management, LLC | 14,991 | $1.14M | 0.02% | −2,576−14.7% | Reduced |
| Hunter Associates Investment Management LLC | 14,997 | $1.14M | 0.18% | 00.0% | Unchanged |
| Mission Wealth Management, LP | 15,778 | $1.20M | 0.03% | +550+3.6% | Added |
| Compass Capital Corp | 15,995 | $1.20M | 0.63% | +216+1.4% | Added |
| AXS Investments LLC | 15,965 | $1.21M | 0.33% | −642−3.9% | Reduced |
| Everence Capital Management Inc | 16,010 | $1.22M | 0.08% | 00.0% | Unchanged |
| Y-Intercept (Hong Kong) Ltd | 16,161 | $1.23M | 0.08% | +16,161 | New |
| Nomura Holdings Inc | 16,304 | $1.24M | 0.01% | +10,283+170.8% | Added |
| Machina Capital S.A.S. | 16,539 | $1.25M | 0.37% | −3,844−18.9% | Reduced |
| Bryn Mawr Trust Co | 16,675 | $1.26M | 0.02% | +11+0.1% | Added |
| Tower Research Capital LLC (TRC) | 16,857 | $1.28M | 0.04% | −16,977−50.2% | Reduced |
| Helios Capital Management Pte. Ltd | 16,950 | $1.29M | 2.25% | 00.0% | Unchanged |
| Vista Investment Partners LLC | 17,090 | $1.30M | 0.40% | −450−2.6% | Reduced |
| Bridgefront Capital, LLC | 17,280 | $1.31M | 0.38% | +8,728+102.1% | Added |
| Captrust Financial Advisors | 17,455 | $1.32M | 0.00% | +1,884+12.1% | Added |