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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 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.

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
Ostrum Asset Management37,050$2.81M0.15%+2,834+8.3%Added
Advisor Group Holdings, Inc.37,050$2.81M0.01%+16,059+76.5%Added
Rakuten Investment Management, Inc.38,300$2.87M0.01%+38,300New
Wealth Enhancement Advisory Services, LLC37,864$2.87M0.01%+5,789+18.0%Added
Mercer Global Advisors Inc38,370$2.91M0.01%−585−1.5%Reduced
Metis Global Partners, LLC38,390$2.91M0.08%+4,555+13.5%Added
QRG Capital Management, Inc.38,867$2.95M0.03%+521+1.4%Added
Guardian Partners Inc.40,125$2.95M0.30%+1,600+4.2%Added
Penobscot Investment Management Company, Inc.39,093$2.97M0.28%+1,920+5.2%Added
CIBC World Markets Inc.39,521$3.00M0.01%+32,939+500.4%Added
Point72 Hong Kong Ltd39,705$3.01M0.22%+39,705New
Paralel Advisors LLC39,782$3.02M0.13%00.0%Unchanged
Hennion & Walsh Asset Management, Inc.40,269$3.05M0.14%+16,099+66.6%Added
O'Shaughnessy Asset Management, LLC40,425$3.07M0.02%+4,145+11.4%Added
Magnetar Financial LLC40,665$3.08M0.04%+3,025+8.0%Added
JustInvest LLC40,683$3.09M0.05%+2,214+5.8%Added
First Washington CORP40,968$3.11M1.09%00.0%Unchanged
UniSuper Management Pty Ltd41,086$3.12M0.02%+1,991+5.1%Added
Qsemble Capital Management, LP41,294$3.13M0.33%−15,711−27.6%Reduced
Pacer Advisors, Inc.41,506$3.15M0.01%−12,427−23.0%Reduced
Bensler, LLC42,363$3.21M0.40%−929−2.1%Reduced
Janney Montgomery Scott LLC43,161$3.27M0.01%+3,096+7.7%Added
Jump Financial, LLC43,408$3.29M0.05%−30,371−41.2%Reduced
Portfolio Design Labs, LLC43,870$3.33M0.69%+43,870New
Elo Mutual Pension Insurance Co44,856$3.40M0.08%+4,024+9.9%Added
B. Metzler seel. Sohn & Co. AG46,682$3.54M0.04%−4,102−8.1%Reduced
Siemens Fonds Invest GmbH47,024$3.57M0.25%−168−0.4%Reduced
OP Asset Management Ltd47,186$3.58M0.06%+47,186New
US Bancorp47,203$3.58M0.00%+44+0.1%Added
Oppenheimer Asset Management Inc.47,307$3.59M0.04%+43,654+1,195.0%Added
Mutual of America Capital Management LLC48,126$3.65M0.04%−1,450−2.9%Reduced
State of Alaska, Department of Revenue48,497$3.68M0.04%+1,315+2.8%Added
Quantinno Capital Management LP49,255$3.74M0.02%+14,250+40.7%Added
M&T Bank Corp49,822$3.78M0.01%−52−0.1%Reduced
Dark Forest Capital Management LP49,852$3.78M0.17%+42,733+600.3%Added
Jones Financial Companies LLLP51,248$3.84M0.00%+17,874+53.6%Added
CIBC World Markets Corp50,701$3.85M0.03%−15,354−23.2%Reduced
Headlands Technologies LLC51,267$3.89M0.44%+3,402+7.1%Added
LGT Group Foundation51,533$3.91M0.05%−1,169−2.2%Reduced
Mirae Asset Global Investments Co., Ltd.52,796$3.95M0.02%+8,623+19.5%Added
Sumitomo Mitsui DS Asset Management Company, Ltd52,223$3.96M0.04%+771+1.5%Added
Nissay Asset Management Corp52,929$4.02M0.03%+634+1.2%Added
CapitalatWork S.A.53,376$4.05M0.13%−170,700−76.2%Reduced
AE Wealth Management LLC53,535$4.06M0.03%−7,735−12.6%Reduced
Tredje AP-fonden54,428$4.13M0.04%+27,214+100.0%Added
Engineers Gate Manager LP54,510$4.14M0.07%+28,446+109.1%Added
First National Bank of Omaha54,936$4.17M0.28%−1,862−3.3%Reduced
Davenport & Co LLC55,959$4.25M0.03%+4,004+7.7%Added
Stratos Wealth Partners, LTD.56,036$4.25M0.06%+1,622+3.0%Added
Snowden Capital Advisors LLC57,135$4.33M0.14%−4,176−6.8%Reduced
Sequoia Financial Advisors, LLC57,171$4.34M0.03%+4,447+8.4%Added
Creative Planning59,259$4.50M0.00%+2,528+4.5%Added
Yousif Capital Management, LLC59,278$4.50M0.05%+255+0.4%Added
Janus Henderson Group PLC60,180$4.51M0.00%+1,287+2.2%Added
Groupe la Francaise59,451$4.54M0.10%+7,819+15.1%Added
Police & Firemen's Retirement System of New Jersey60,156$4.56M0.05%00.0%Unchanged
Andra AP-fonden60,400$4.58M0.08%+60,400New
Cambridge Investment Research Advisors, Inc.60,680$4.60M0.02%−2,617−4.1%Reduced
Sanctuary Advisors, LLC60,775$4.61M0.03%−1,038−1.7%Reduced
New York Life Investment Management LLC61,084$4.63M0.05%−260−0.4%Reduced
Acadian Asset Management LLC61,193$4.64M0.01%−19,404−24.1%Reduced
Pinebridge Investments, L.P.61,261$4.65M0.04%+61,261New
TD Waterhouse Canada Inc.61,533$4.70M0.04%+2,493+4.2%Added
Taikang Asset Management (Hong Kong) Co Ltd62,265$4.72M0.64%00.0%Unchanged
Capital International Inc62,936$4.77M0.06%+9,076+16.9%Added
Robertson Opportunity Capital, LLC63,039$4.78M1.82%00.0%Unchanged
Los Angeles Capital Management LLC63,065$4.78M0.02%+1,336+2.2%Added
Montag A & Associates Inc63,184$4.79M0.24%+602+1.0%Added
Candriam Luxembourg S.C.A.63,511$4.82M0.03%+9,390+17.4%Added
Northwestern Mutual Wealth Management Co64,012$4.86M0.00%+5,507+9.4%Added
Bokf, NA64,093$4.86M0.09%−324−0.5%Reduced
Van Hulzen Asset Management, LLC64,303$4.88M0.45%−21,405−25.0%Reduced
Otter Creek Advisors, LLC65,927$5.00M3.49%−4,535−6.4%Reduced
Dnca Finance68,100$5.17M0.43%+2,000+3.0%Added
Utah Retirement Systems68,196$5.17M0.06%00.0%Unchanged
Edmond de Rothschild Holding S.A.68,473$5.19M0.09%−156,819−69.6%Reduced
Brinker Capital Investments, LLC69,799$5.29M0.05%+10,032+16.8%Added
Orion Portfolio Solutions, LLC69,799$5.29M0.05%+10,032+16.8%Added
Trexquant Investment LP72,135$5.47M0.06%+72,135New
Swiss Life Asset Management Ltd72,323$5.49M0.04%+10,372+16.7%Added
Bollard Group LLC72,468$5.50M0.14%+220+0.3%Added
USS Investment Management Ltd72,983$5.53M0.04%−17,400−19.3%Reduced
Federation des caisses Desjardins du Quebec74,335$5.64M0.03%+3,757+5.3%Added
DnB Asset Management AS76,166$5.78M0.03%−2,367−3.0%Reduced
Kinneret Advisory, LLC77,048$5.84M0.59%−260−0.3%Reduced
D. E. Shaw & Co., Inc.77,538$5.88M0.01%+77,538New
Lombard Odier Asset Management (Switzerland) SA79,271$6.01M0.35%+57,578+265.4%Added
Amalgamated Bank82,240$6.24M0.05%+571+0.7%Added
British Columbia Investment Management Corp82,434$6.25M0.04%−108−0.1%Reduced
Kanawha Capital Management LLC82,498$6.26M0.49%+175+0.2%Added
Comerica Bank83,099$6.30M0.03%−1,027−1.2%Reduced
Susquehanna International Group, LLP83,505$6.33M0.01%−83,930−50.1%Reduced
GAM Holding AG84,044$6.38M0.49%+16,069+23.6%Added
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund85,415$6.48M0.08%−12,300−12.6%Reduced
SummitTX Capital, L.P.86,069$6.53M0.29%+86,069New
Squarepoint Ops LLC87,381$6.63M0.02%+77,163+755.2%Added
Mirae Asset Global ETFs Holdings Ltd.87,954$6.67M0.01%−1,182−1.3%Reduced
Forsta Ap-Fonden88,500$6.71M0.05%−1,200−1.3%Reduced
Retirement Systems of Alabama88,927$6.75M0.03%−670−0.7%Reduced
Round Hill Asset Management89,307$6.77M4.87%−2,475−2.7%Reduced