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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, Q2 2025

Institutional positions in Nasdaq, Inc. as of Jun 30, 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
1,022
+97 vs. Q1 2025
Shares held
478.9M
−6.79M (−1.4%) vs. Q1 2025
Total value
$42.8B
+$5.98B (+16.2%) vs. Q1 2025
New holders
169
414 more added
Sold out
72
305 more reduced

10 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 1,022 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 heldQ2 2025: $42.8B
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, Q2 2025

Shares, value and share of portfolio for each institution holding Nasdaq, Inc.; share changes are against Q1 2025.

Institutions holding NDAQ in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Investor AB58,182,426$5.20B99.54%00.0%Unchanged
Vanguard Group Inc55,800,000$4.99B0.08%+2,820,339+5.3%Added
Wellington Management Group LLP41,237,125$3.69B0.67%+8,507,606+26.0%Added
BlackRock, Inc.37,081,408$3.32B0.06%+866,595+2.4%Added
Massachusetts Financial Services Co27,274,620$2.44B0.77%+6,840,735+33.5%Added
State Street Corp18,214,844$1.63B0.06%−116,038−0.6%Reduced
Geode Capital Management, LLC11,456,699$1.02B0.07%+89,391+0.8%Added
Franklin Resources Inc10,739,907$960.4M0.25%−574,261−5.1%Reduced
Harris Associates L PSuperinvestorHarris Associates (Oakmark)7,771,730$694.9M1.13%−921,739−10.6%Reduced
Jane Street Group, LLC7,205,132$644.3M1.04%+7,205,132New
Bank of America Corp7,072,968$632.5M0.05%−121,682−1.7%Reduced
Manufacturers Life Insurance Company, The6,107,057$546.1M0.49%−505,394−7.6%Reduced
Ameriprise Financial Inc5,898,752$529.6M0.13%−18,464−0.3%Reduced
Goldman Sachs Group Inc5,669,535$507.0M0.08%+287,288+5.3%Added
Morgan Stanley5,400,726$482.9M0.03%−252,042−4.5%Reduced
UBS Asset Management Americas Inc4,588,239$410.3M0.08%+607,109+15.2%Added
Norges Bank4,549,575$406.8M0.05%−207,421−4.4%Reduced
Invesco Ltd.4,511,746$403.4M0.07%−982,525−17.9%Reduced
UBS Group AG4,376,574$391.4M0.08%−370,922−7.8%Reduced
Farallon Capital Management, L.L.C.4,083,743$365.2M1.67%−376,545−8.4%Reduced
Northern Trust Corp4,082,066$365.0M0.05%+17,515+0.4%Added
Amundi3,535,689$316.5M0.11%+1,264,975+55.7%Added
Bessemer Group Inc3,233,414$289.1M0.47%−149,662−4.4%Reduced
Nuveen, LLC3,181,467$284.5M0.08%−3,529−0.1%Reduced
Legal & General Group Plc2,723,691$243.6M0.06%−24,786−0.9%Reduced
Neuberger Berman Group LLC2,690,186$240.6M0.19%+1,946,479+261.7%Added
Envestnet Asset Management Inc2,689,196$240.5M0.07%+952,354+54.8%Added
Mariner, LLC2,666,045$238.4M0.34%+118,674+4.7%Added
Dimensional Fund Advisors LP2,649,073$236.9M0.05%+15,343+0.6%Added
Bank of New York Mellon Corp2,630,757$235.2M0.04%−177,384−6.3%Reduced
Bank Julius Baer & Co. Ltd, Zurich2,575,781$230.3M0.68%−1,324,083−34.0%Reduced
Diamond Hill Capital Management Inc2,557,693$228.7M1.05%−165,233−6.1%Reduced
American Century Companies Inc2,491,553$222.8M0.12%+8,417+0.3%Added
Charles Schwab Investment Management Inc2,462,158$220.2M0.04%+45,556+1.9%Added
Principal Financial Group Inc2,360,462$211.1M0.11%+91,842+4.0%Added
Deutsche Bank AG2,025,813$181.1M0.07%+195,408+10.7%Added
Citadel Advisors LLC1,977,851$176.9M0.15%+1,833,999+1,274.9%Added
FMR LLC1,925,623$172.2M0.01%+470,627+32.3%Added
Johnson Investment Counsel Inc1,868,135$167.0M1.50%−5,685−0.3%Reduced
Two Sigma Advisers, LP1,812,500$162.1M0.33%+1,500+0.1%Added
Lord, Abbett & Co. LLC1,801,204$161.1M0.52%+145,863+8.8%Added
Two Sigma Investments, LP1,784,608$159.6M0.29%+1,070,369+149.9%Added
Great West Life Assurance Co1,653,510$148.1M0.23%+115,985+7.5%Added
Balyasny Asset Management LLC1,641,123$146.7M0.33%+1,604,368+4,365.0%Added
Liontrust Investment Partners LLP1,627,750$145.6M2.08%−436,010−21.1%Reduced
Barclays PLC1,521,914$136.1M0.05%−36,959−2.4%Reduced
California Public Employees Retirement System1,433,641$128.2M0.08%−252,420−15.0%Reduced
Prudential Financial Inc1,365,691$122.1M0.16%+778,285+132.5%Added
Union Bancaire Privee, UBP SA1,380,872$116.4M1.93%−74,394−5.1%Reduced
Raymond James Financial Inc1,284,205$114.8M0.04%−35,724−2.7%Reduced
JPMorgan Chase & Co1,279,199$114.4M0.01%+213,604+20.0%Added
Select Equity Group, L.P.1,233,044$110.3M0.47%+1,233,044New
Flossbach Von Storch AG1,172,990$104.9M0.43%+14,013+1.2%Added
Renaissance Technologies LLC1,136,680$101.6M0.14%−80,720−6.6%Reduced
Sumitomo Mitsui Trust Holdings, Inc.1,136,293$101.6M0.06%+17,369+1.6%Added
Handelsbanken Fonder AB1,100,907$98.4M0.35%−253,569−18.7%Reduced
HSBC Holdings PLC1,074,625$96.0M0.06%+147,610+15.9%Added
Chevy Chase Trust Holdings, Inc.1,027,255$91.9M0.27%+14,369+1.4%Added
AQR Capital Management LLC1,020,770$91.3M0.08%+686,237+205.1%Added
D. E. Shaw & Co., Inc.1,003,678$89.7M0.09%+926,140+1,194.4%Added
Ghisallo Capital Management LLC1,000,000$89.4M2.39%+900,000+900.0%Added
Millennium Management LLC969,426$86.7M0.08%+838,914+642.8%Added
Wells Fargo & Company952,153$85.1M0.02%−2,793−0.3%Reduced
Qube Research & Technologies Ltd943,776$84.4M0.12%+310,608+49.1%Added
Rhumbline Advisers942,153$84.2M0.07%−1,130−0.1%Reduced
Manning & Napier Advisors LLC914,130$81.7M0.97%+52,693+6.1%Added
Man Group plc877,297$78.4M0.17%+67,844+8.4%Added
Lazard Asset Management LLC814,202$72.8M0.10%+807,594+12,221.5%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.800,654$71.6M0.06%+72,032+9.9%Added
Robeco Institutional Asset Management B.V.775,967$69.4M0.11%+134,766+21.0%Added
Shapiro Capital Management LLC770,950$68.9M3.03%−174,622−18.5%Reduced
MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH743,463$66.5M1.88%+81,621+12.3%Added
Worldquant Millennium Advisors LLC723,026$64.7M0.32%+723,026New
Natixis Advisors, L.P.707,777$63.3M0.10%+53,492+8.2%Added
Prana Capital Management, LP704,499$63.0M2.28%−499,822−41.5%Reduced
Stony Point Capital LLC683,134$61.1M4.82%+683,134New
Voloridge Investment Management, LLC676,341$60.5M0.22%+271,812+67.2%Added
Royal Bank of Canada655,164$58.6M0.01%+68,590+11.7%Added
LGT Capital Partners Ltd.649,581$58.1M2.57%−137,243−17.4%Reduced
Bain Capital Public Equity Management II, LLC649,427$58.1M2.75%+649,427New
First Trust Advisors LP641,855$57.4M0.05%+465,454+263.9%Added
Hudson Bay Capital Management LP637,121$57.0M0.37%+494,229+345.9%Added
Walleye Capital LLC618,163$55.3M0.51%−79,349−11.4%Reduced
Close Asset Management Ltd611,670$54.7M1.60%+5,553+0.9%Added
FIL Ltd609,152$54.5M0.05%+101,979+20.1%Added
California State Teachers Retirement System608,374$54.4M0.06%−24,865−3.9%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH605,770$54.2M0.10%−42,273−6.5%Reduced
Artisan Partners Limited Partnership603,379$54.0M0.08%−280,429−31.7%Reduced
1832 Asset Management L.P.602,800$53.9M0.09%+602,800New
Price T Rowe Associates Inc596,147$53.3M0.01%+1,998+0.3%Added
National Pension Service586,473$52.4M0.05%+4,827+0.8%Added
Blair William & Co582,098$52.1M0.14%+41,054+7.6%Added
Adage Capital Partners GP, L.L.C.578,640$51.7M0.09%−109,000−15.9%Reduced
Rockefeller Capital Management L.P.547,452$49.0M0.11%+43,733+8.7%Added
Eventide Asset Management, LLC544,901$48.7M0.85%+73,372+15.6%Added
Railway Pension Investments Ltd535,200$47.9M0.68%00.0%Unchanged
La Banque Postale Asset Management SA514,858$46.0M0.65%−34,835−6.3%Reduced
Arrowstreet Capital, Limited Partnership514,451$46.0M0.03%+213,606+71.0%Added
LPL Financial LLC513,761$45.9M0.02%+48,154+10.3%Added
Sterling Capital Management LLC513,659$45.9M0.65%−28,305−5.2%Reduced