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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.

Q2 2025 vs. Q1 2025

How the institutions holding Nasdaq, Inc. changed between Q1 2025 and Q2 2025.

All holders in Q2 2025All holders in Q1 2025

13F holders of NDAQ: Q1 2025 compared with Q2 2025
MeasureQ1 2025Of which not filed for Q2 2025Q2 2025Change
Holders935101,022+97
Shares486.4M659.9K478.9M−6.79M (−1.4%)
Value$36.9B$50.0M$42.8B+$5.98B (+16.2%)

10 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so the changes leave them out.

New holders (169)

Institutions that held Nasdaq, Inc. at the end of Q2 2025 but not at the end of Q1 2025.

Showing the largest 100 of 169 by value.

Institutions new to NDAQ in Q2 2025
InstitutionSharesValue% of portfolio
Jane Street Group, LLC7,205,132$644.3M1.04%
Select Equity Group, L.P.1,233,044$110.3M0.47%
Worldquant Millennium Advisors LLC723,026$64.7M0.32%
Stony Point Capital LLC683,134$61.1M4.82%
Bain Capital Public Equity Management II, LLC649,427$58.1M2.75%
1832 Asset Management L.P.602,800$53.9M0.09%
Burkehill Global Management, LP500,000$44.7M3.30%
Weiss Asset Management LP462,554$41.4M0.65%
Gillson Capital LP377,823$33.8M2.58%
Zurich Insurance Group Ltd363,960$32.5M0.25%
Holocene Advisors, LP319,308$28.6M0.07%
Brevan Howard Capital Management LP172,058$15.4M0.17%
Raub Brock Capital Management LP158,068$14.1M3.08%
Glenmede Investment Management, LP148,588$13.3M0.07%
Point72 Europe (London) LLP110,500$9.88M0.51%
Tudor Investment Corp Et Al102,642$9.18M0.07%
Longaeva Partners L.P.99,961$8.94M2.15%
Marshall Wace, LLP97,823$8.75M0.01%
Lynwood Price Capital Management LP89,663$8.02M3.99%
Natixis85,764$7.67M0.04%
Sierra Summit Advisors LLC72,563$6.49M1.16%
Mirova US LLC64,907$5.80M0.06%
ISAM Funds (UK) Ltd55,471$4.96M1.09%
Swedbank AB47,053$4.21M0.00%
Voleon Capital Management LP44,643$3.99M0.22%
Bain Capital Public Equity, LP37,382$3.34M2.21%
Generali Asset Management SPA SGR32,380$2.90M0.07%
Mizuho Securities USA LLC28,573$2.55M0.05%
FJ Capital Management LLC27,803$2.49M0.26%
Wetherby Asset Management Inc27,302$2.44M0.11%
Phoenix Holdings Ltd.27,267$2.43M0.03%
Vinva Investment Management Ltd26,123$2.33M0.06%
Flputnam Investment Management Co25,674$2.30M0.04%
Capital Fund Management S.A.25,634$2.29M0.03%
Lecap Asset Management Ltd25,473$2.28M0.81%
Centiva Capital, LP24,173$2.16M0.14%
J. Safra Sarasin Holding AG21,791$1.95M0.03%
Walleye Trading LLC20,539$1.84M0.05%
Neville Rodie & Shaw Inc20,275$1.81M0.13%
Paradigm Asset Management Co LLC16,900$1.51M0.37%
Jain Global LLC16,604$1.48M0.02%
Mount Lucas Management LP15,786$1.41M0.67%
IMC-Chicago, LLC15,591$1.39M0.03%
RMB Capital Management, LLC13,042$1.17M0.02%
Graham Capital Management, L.P.12,516$1.12M0.03%
Hancock Whitney Corp12,158$1.09M0.02%
Polar Asset Management Partners Inc.11,700$1.05M0.03%
Greenland Capital Management LP10,836$969.0K0.12%
Canada Post Corp Registered Pension Plan10,077$901.1K0.05%
Coastal Bridge Advisors, LLC9,570$855.7K0.07%
Arkadios Wealth Advisors9,299$831.5K0.02%
Agf Management Ltd9,206$823.2K0.00%
Legacy Financial Advisors, Inc.8,917$797.4K0.12%
Catalytic Wealth RIA, LLC8,590$768.1K0.06%
Change Path, LLC7,917$707.9K0.02%
Tranquility Partners, LLC7,482$669.0K0.24%
United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund7,300$652.8K0.03%
Ethos Financial Group, LLC6,882$615.4K0.05%
Two Sigma Securities, LLC6,295$562.9K0.07%
Wolverine Trading, LLC6,307$561.8K0.01%
Axq Capital, LP6,056$541.5K0.17%
Entropy Technologies, LP5,700$509.7K0.04%
Farringdon Capital, Ltd.5,680$507.9K0.17%
Chicago Partners Investment Group LLC5,714$504.4K0.01%
Pallas Capital Advisors LLC5,571$498.2K0.02%
Fox Run Management, L.L.C.5,469$489.0K0.08%
Vise Technologies, Inc.5,204$465.4K0.02%
Waterloo Capital, L.P.5,124$458.2K0.04%
Sandia Investment Management LP5,000$447.1K1.15%
Integrated Wealth Concepts LLC4,710$421.2K0.00%
LWM Advisory Services, LLC4,676$418.1K0.29%
Asahi Life Asset Management Co., Ltd.4,640$414.9K0.24%
Beacon Pointe Advisors, LLC4,514$403.6K0.00%
Brighton Jones LLC4,194$375.0K0.01%
Essential Partners LLC3,999$357.6K0.14%
Evoke Wealth, LLC3,884$347.3K0.01%
Citizens Financial Group Inc3,871$346.1K0.01%
Counterpoint Mutual Funds LLC3,847$344.0K0.03%
Cinctive Capital Management LP3,804$340.2K0.02%
Summit Trail Advisors, LLC3,627$324.4K0.01%
Stance Capital LLC3,588$320.8K0.12%
ICONIQ Capital, LLC3,479$311.1K0.01%
Pine Valley Investments Ltd Liability Co3,454$308.9K0.02%
GTS Securities LLC3,328$297.6K0.01%
Caxton Associates LLP3,224$288.3K0.01%
AlphaStar Capital Management, LLC3,200$286.1K0.02%
Advisors Asset Management, Inc.3,178$284.2K0.01%
Lebenthal Global Advisors, LLC3,118$278.8K0.05%
Endowment Wealth Management, Inc.3,070$274.5K0.14%
Aaron Wealth Advisors3,031$271.0K0.03%
Howard Capital Management Inc.2,981$266.6K0.00%
OneAscent Family Office, LLC2,949$264.0K0.25%
Patton Fund Management, Inc.2,922$261.3K0.06%
LMR Partners LLP2,858$255.6K0.00%
CWA Asset Management Group, LLC2,845$254.4K0.01%
Delta Investment Management, LLC2,816$251.8K0.05%
HBK Sorce Advisory LLC2,734$244.5K0.01%
Nwam LLC2,526$243.1K0.01%
Perennial Investment Advisors, LLC2,717$243.0K0.02%
Kingsview Wealth Management, LLC2,672$238.9K0.00%

Sold out (72)

Institutions that held Nasdaq, Inc. at the end of Q1 2025 and filed for Q2 2025 without it.

Institutions that sold out of NDAQ in Q2 2025
InstitutionShares, Q1 2025Value, Q1 2025
Thoma Bravo, L.P.42,804,207$3.25B
GQG Partners LLC660,595$50.1M
Soros Fund Management LLCSuperinvestorSoros Fund Management625,634$47.5M
Alta Park Capital, LP345,449$26.2M
Point72 Asset Management, L.P.161,533$12.3M
Winslow Capital Management, LLC157,110$11.9M
ExodusPoint Capital Management, LP144,182$10.9M
Corebridge Financial, Inc.100,570$7.63M
Capital International Inc62,936$4.77M
Jump Financial, LLC43,408$3.29M
Magnetar Financial LLC40,665$3.08M
Point72 Hong Kong Ltd39,705$3.01M
Dynamic Technology Lab Private Ltd33,619$2.55M
TriaGen Wealth Management LLC25,627$1.94M
DRW Securities, LLC18,917$1.43M
USA Financial Portformulas Corp17,842$1.35M
Vista Investment Partners LLC17,090$1.30M
Y-Intercept (Hong Kong) Ltd16,161$1.23M
AXS Investments LLC15,965$1.21M
Sone Capital Management, LLC14,202$1.08M
Twin Tree Management, LP12,707$964.0K
Board of the Pension Protection Fund12,600$955.8K
Waratah Capital Advisors Ltd.11,700$887.6K
XTX Topco Ltd10,563$801.3K
Petrus Trust Company, LTA9,138$693.2K
Allstate Corp9,131$692.7K
FORA Capital, LLC8,754$664.1K
United Services Automobile Association8,275$619.9K
Grantham, Mayo, Van Otterloo & Co. LLC7,487$568.0K
WSFS Capital Management, LLC7,144$541.9K
Stevens Capital Management LP6,514$494.0K
Fairtree Asset Management (Pty) Ltd6,300$477.9K
Quantitative Investment Management, LLC6,004$455.0K
Landscape Capital Management, L.L.C.5,926$449.5K
MQS Management LLC5,301$402.1K
Sciencast Management LP4,268$323.8K
Stonehage Fleming Financial Services Holdings Ltd4,000$303.4K
Legacy Advisors, LLC3,967$300.9K
Arrowpoint Investment Partners (Singapore) Pte. Ltd.3,600$273.1K
L & S Advisors Inc–$219.5K
Custom Index Systems, LLC2,820$213.9K
PGGM Investments1,932$147.0K
Aster Capital Management (DIFC) Ltd1,749$144.8K
Quent Capital, LLC1,720$130.5K
Intact Investment Management Inc.1,000$75.9K
Marshall Investment Management, LLC972$73.8K
Wayfinding Financial, LLC742$56.0K
Wiser Advisor Group LLC646$49.0K
Capital A Wealth Management, LLC587$44.5K
Founders Capital Management350$26.6K
Truvestments Capital LLC325$24.7K
Compass Wealth Management LLC315$23.9K
Flaharty Asset Management, LLC305$23.1K
eCIO, Inc.20,000$19.8K
Barnes Dennig Private Wealth Management LLC240$18.2K
Hexagon Capital Partners LLC218$16.5K
West Paces Advisors Inc.180$13.7K
Saudi Central Bank170$12.9K
Carolinas Wealth Consulting LLC125$9.48K
Laurel Wealth Advisors LLC76$5.77K
St Germain D J Co Inc57$4.32K
Godsey & Gibb Associates54$4.10K
Northwest Capital Management Inc50$3.81K
Synergy Investment Management, LLC38$2.88K
WealthCollab, LLC37$2.81K
POM Investment Strategies, LLC24$1.82K
Continuum Advisory, LLC23$1.75K
GoalVest Advisory LLC9$683
Olistico Wealth, LLC9$683
Winnow Wealth LLC9$661
Perkins Coie Trust Co6$455
Chesapeake Asset Management LLC5$379

Not filed for Q2 2025 yet (10)

Institutions that held Nasdaq, Inc. at the end of Q1 2025 and haven't filed a 13F for Q2 2025. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding NDAQ in Q1 2025 that haven't filed for Q2 2025
InstitutionShares, Q1 2025Value, Q1 2025
Credit Agricole S A347,983$26.4M
Glenmede Trust Co NA144,106$10.9M
Orion Portfolio Solutions, LLC69,799$5.29M
Rakuten Investment Management, Inc.38,300$2.87M
Mizuho Securities USA LLC33,135$2.51M
Sabal Trust CO20,599$1.56M
CAPROCK Group, Inc.3,417$259.2K
Lindbrook Capital, LLC1,998$151.6K
Financial Network Wealth Management LLC534$40.0K
Sandy Spring Bank55$4.17K