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 |
|---|---|---|---|---|---|
| Securian Asset Management, Inc | 21,831 | $1.66M | 0.05% | −409−1.8% | Reduced |
| Norinchukin Bank, The | 21,629 | $1.64M | 0.03% | +2,879+15.4% | Added |
| Envestnet Portfolio Solutions, Inc. | 21,513 | $1.63M | 0.01% | −6,418−23.0% | Reduced |
| Teza Capital Management LLC | 21,474 | $1.63M | 0.74% | +18,831+712.5% | Added |
| Burling Wealth Partners, LLC | 21,365 | $1.62M | 0.34% | +4,664+27.9% | Added |
| Lido Advisors, LLC | 21,327 | $1.62M | 0.01% | +17,908+523.8% | Added |
| Congress Wealth Management LLC | 21,191 | $1.61M | 0.02% | +13,727+183.9% | Added |
| MAI Capital Management | 21,064 | $1.60M | 0.01% | −579−2.7% | Reduced |
| Westover Capital Advisors, LLC | 21,062 | $1.60M | 0.35% | −420−2.0% | Reduced |
| Fiduciary Alliance LLC | 21,036 | $1.60M | 0.16% | +7,912+60.3% | Added |
| Ossiam | 20,911 | $1.59M | 0.02% | −3,646−14.8% | Reduced |
| Sabal Trust CO | 20,599 | $1.56M | 0.09% | −392,635−95.0% | Reduced |
| ING Groep NV | 20,572 | $1.56M | 0.01% | −141−0.7% | Reduced |
| Vontobel Holding Ltd. | 20,560 | $1.56M | 0.01% | −4,330−17.4% | Reduced |
| Roman Butler Fullerton & Co | 21,286 | $1.56M | 0.60% | +26+0.1% | Added |
| Federated Hermes, Inc. | 20,299 | $1.54M | 0.00% | +18,734+1,197.1% | Added |
| Fifth Third Bancorp | 19,732 | $1.50M | 0.01% | +312+1.6% | Added |
| Allspring Global Investments Holdings, LLC | 19,571 | $1.49M | 0.00% | −54−0.3% | Reduced |
| Leonteq Securities AG | 19,298 | $1.49M | 0.11% | +674+3.6% | Added |
| New Mexico Educational Retirement Board | 19,384 | $1.47M | 0.05% | −300−1.5% | Reduced |
| E. Ohman J:or Asset Management AB | 19,322 | $1.47M | 0.04% | 00.0% | Unchanged |
| Maryland State Retirement & Pension System | 19,254 | $1.46M | 0.03% | −2,739−12.5% | Reduced |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | 19,131 | $1.45M | 0.04% | +19,131 | New |
| AG2R la Mondiale Gestion D'Actifs | 17,221 | $1.44M | 0.08% | +17,221 | New |
| DRW Securities, LLC | 18,917 | $1.43M | 0.12% | +14,980+380.5% | Added |
| Waterfront Wealth Inc. | 18,597 | $1.41M | 0.34% | +29+0.2% | Added |
| AAFMAA Wealth Management & Trust LLC | 18,367 | $1.39M | 0.63% | +6,073+49.4% | Added |
| NFJ Investment Group, LLC | 18,348 | $1.39M | 0.05% | −54,460−74.8% | Reduced |
| Tealwood Asset Management Inc | 18,341 | $1.39M | 0.64% | −487−2.6% | Reduced |
| Concurrent Investment Advisors, LLC | 18,231 | $1.38M | 0.03% | +6,708+58.2% | Added |
| Numerai GP LLC | 18,203 | $1.38M | 0.26% | +18,203 | New |
| Legacy Bridge, LLC | 18,060 | $1.37M | 0.76% | +475+2.7% | Added |
| Evelyn Partners Investment Management (Europe) Ltd | 17,967 | $1.36M | 0.51% | +906+5.3% | Added |
| USA Financial Portformulas Corp | 17,842 | $1.35M | 0.22% | +6,764+61.1% | Added |
| Flagship Harbor Advisors, LLC | 17,603 | $1.34M | 0.07% | −520−2.9% | Reduced |
| Captrust Financial Advisors | 17,455 | $1.32M | 0.00% | +1,884+12.1% | Added |
| Bridgefront Capital, LLC | 17,280 | $1.31M | 0.38% | +8,728+102.1% | Added |
| Vista Investment Partners LLC | 17,090 | $1.30M | 0.40% | −450−2.6% | Reduced |
| Helios Capital Management Pte. Ltd | 16,950 | $1.29M | 2.25% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 16,857 | $1.28M | 0.04% | −16,977−50.2% | Reduced |
| Bryn Mawr Trust Co | 16,675 | $1.26M | 0.02% | +11+0.1% | Added |
| Machina Capital S.A.S. | 16,539 | $1.25M | 0.37% | −3,844−18.9% | Reduced |
| Nomura Holdings Inc | 16,304 | $1.24M | 0.01% | +10,283+170.8% | Added |
| Y-Intercept (Hong Kong) Ltd | 16,161 | $1.23M | 0.08% | +16,161 | New |
| Everence Capital Management Inc | 16,010 | $1.22M | 0.08% | 00.0% | Unchanged |
| AXS Investments LLC | 15,965 | $1.21M | 0.33% | −642−3.9% | Reduced |
| Compass Capital Corp | 15,995 | $1.20M | 0.63% | +216+1.4% | Added |
| Mission Wealth Management, LP | 15,778 | $1.20M | 0.03% | +550+3.6% | Added |
| Hunter Associates Investment Management LLC | 14,997 | $1.14M | 0.18% | 00.0% | Unchanged |
| Copeland Capital Management, LLC | 14,991 | $1.14M | 0.02% | −2,576−14.7% | Reduced |
| GAMMA Investing LLC | 14,887 | $1.13M | 0.08% | −236−1.6% | Reduced |
| Heritage Family Offices, LLP | 14,776 | $1.12M | 0.57% | +14,776 | New |
| Kensington Investment Counsel, LLC | 14,699 | $1.12M | 0.50% | −475−3.1% | Reduced |
| Ridgewood Investments LLC | 14,657 | $1.11M | 0.52% | −1,029−6.6% | Reduced |
| CWM, LLC | 14,634 | $1.11M | 0.00% | +2,011+15.9% | Added |
| Empowered Funds, LLC | 14,574 | $1.11M | 0.02% | +538+3.8% | Added |
| Aigen Investment Management, LP | 14,461 | $1.10M | 0.17% | +14,461 | New |
| Colony Group, LLC | 14,351 | $1.09M | 0.00% | +2,101+17.2% | Added |
| Sone Capital Management, LLC | 14,202 | $1.08M | 0.11% | +14,202 | New |
| Twinbeech Capital LP | 13,561 | $1.03M | 0.02% | +7,935+141.0% | Added |
| Martin Capital Advisors, LLP | 13,532 | $1.03M | 0.73% | 00.0% | Unchanged |
| Tokio Marine Asset Management Co Ltd | 13,470 | $1.02M | 0.04% | 00.0% | Unchanged |
| Ci Investments Inc. | 13,355 | $1.01M | 0.00% | +1,491+12.6% | Added |
| V-Square Quantitative Management LLC | 13,257 | $1.01M | 0.15% | +106+0.8% | Added |
| Trueblood Wealth Management, LLC | 13,180 | $999.8K | 0.46% | −18−0.1% | Reduced |
| Northwestern Mutual Investment Management Company, LLC | 13,161 | $998.4K | 0.02% | +22+0.2% | Added |
| Keybank National Association | 13,021 | $987.8K | 0.00% | +2,290+21.3% | Added |
| Omers Administration Corp | 12,907 | $979.1K | 0.01% | −2,135−14.2% | Reduced |
| Ballentine Partners, LLC | 12,806 | $971.5K | 0.02% | −669−5.0% | Reduced |
| Twin Tree Management, LP | 12,707 | $964.0K | 0.02% | −4,245−25.0% | Reduced |
| Board of the Pension Protection Fund | 12,600 | $955.8K | 1.09% | +12,600 | New |
| Empirical Finance, LLC | 12,562 | $953.0K | 0.06% | +374+3.1% | Added |
| 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 |
| BI Asset Management Fondsmaeglerselskab A/S | 12,450 | $944.0K | 0.01% | −21,791−63.6% | Reduced |
| Cresset Asset Management, LLC | 12,420 | $942.2K | 0.00% | −863−6.5% | Reduced |
| Farther Finance Advisors, LLC | 12,244 | $931.0K | 0.02% | +251+2.1% | Added |
| Tritonpoint Wealth, LLC | 12,260 | $930.0K | 0.09% | +127+1.0% | Added |
| TownSquare Capital, LLC | 12,224 | $927.3K | 0.01% | +1,186+10.7% | Added |
| Whitener Capital Management, Inc. | 12,210 | $926.3K | 0.26% | +493+4.2% | Added |
| PAX Financial Group, LLC | 12,201 | $925.6K | 0.16% | +1,210+11.0% | Added |
| BDF-Gestion | 12,169 | $923.1K | 0.10% | 00.0% | Unchanged |
| Investment Management Corp of Ontario | 12,135 | $920.6K | 0.02% | +12,135 | New |
| Canandaigua National Bank & Trust Co | 12,106 | $918.4K | 0.09% | +2,004+19.8% | Added |
| Penserra Capital Management LLC | 12,084 | $915.0K | 0.02% | +9,094+304.1% | Added |
| Greenleaf Trust | 12,060 | $914.9K | 0.01% | +397+3.4% | Added |
| SPC Financial, Inc. | 12,040 | $913.4K | 0.08% | +825+7.4% | Added |
| Kentucky Retirement Systems Insurance Trust Fund | 11,977 | $908.6K | 0.07% | +11,977 | New |
| Stablepoint Partners, LLC | 11,906 | $903.2K | 0.16% | −1,371−10.3% | Reduced |
| Global Financial Private Client, LLC | 11,890 | $902.0K | 0.34% | −225−1.9% | Reduced |
| First Pacific Financial | 11,834 | $897.7K | 0.18% | −1,929−14.0% | Reduced |
| Waratah Capital Advisors Ltd. | 11,700 | $887.6K | 0.06% | +11,700 | New |
| Clarus Wealth Advisors | 12,242 | $881.3K | 0.47% | +1,546+14.5% | Added |
| Arete Wealth Advisors, LLC | 11,375 | $863.0K | 0.07% | +11,375 | New |
| Scientech Research LLC | 11,244 | $853.0K | 0.23% | +11,244 | New |
| Morse Asset Management, Inc | 11,135 | $844.7K | 0.21% | 00.0% | Unchanged |
| SG Americas Securities, LLC | 11,087 | $841.0K | 0.00% | +6,510+142.2% | Added |
| Spire Wealth Management | 11,034 | $837.0K | 0.03% | −11−0.1% | Reduced |
| Lombard Odier Asset Management (Europe) Ltd | 11,000 | $834.5K | 0.07% | −69,639−86.4% | Reduced |
| Guggenheim Capital LLC | 10,905 | $827.3K | 0.01% | −1,072−9.0% | Reduced |