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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
Bank of Jackson Hole Trust180$16.1K0.01%00.0%Unchanged
Bogart Wealth, LLC184$16.4K0.00%−5−2.6%Reduced
Silicon Valley Capital Partners189$16.9K0.00%+1+0.5%Added
GW&K Investment Management, LLC189$17.0K0.00%+8+4.4%Added
Reyes Financial Architecture, Inc.200$17.9K0.02%+200New
Farmers & Merchants Investments Inc210$18.8K0.00%00.0%Unchanged
Raleigh Capital Management Inc.237$21.2K0.01%−28−10.6%Reduced
Fortitude Family Office, LLC246$22.0K0.01%+29+13.4%Added
Rise Advisors, LLC260$23.2K0.01%+25+10.6%Added
REAP Financial Group, LLC272$24.4K0.01%+177+186.3%Added
AllSquare Wealth Management LLC276$24.7K0.01%00.0%Unchanged
Clear Street Markets LLC278$24.9K0.01%+278New
Front Row Advisors LLC282$25.2K0.01%+282New
MV Capital Management, Inc.283$25.3K0.00%−2−0.7%Reduced
Bruce G. Allen Investments, LLC285$25.5K0.02%+120+72.7%Added
Hemington Wealth Management296$26.0K0.00%+32+12.1%Added
MCF Advisors LLC300$26.8K0.00%00.0%Unchanged
Twin Peaks Wealth Advisors, LLC284$27.3K0.01%+284New
Raffa Wealth Management, LLC306$27.4K0.01%+216+240.0%Added
Access Investment Management LLC309$27.6K0.01%+309New
Highline Wealth Partners LLC343$30.7K0.01%+5+1.5%Added
Opal Wealth Advisors, LLC344$30.8K0.01%00.0%Unchanged
Bartlett & Co. Wealth Management LLC345$30.9K0.00%−8−2.3%Reduced
Deseret Mutual Benefit Administrators349$31.2K0.01%00.0%Unchanged
Grove Bank & Trust351$31.4K0.00%+24+7.3%Added
CVA Family Office, LLC368$32.9K0.00%+213+137.4%Added
Rakuten Securities, Inc.371$33.2K0.01%+20+5.7%Added
Hollencrest Capital Management381$34.1K0.00%−282−42.5%Reduced
Evelyn Partners Asset Management Ltd387$34.6K0.01%00.0%Unchanged
UMA Financial Services, Inc.388$34.7K0.01%+19+5.1%Added
First Command Advisory Services, Inc.390$34.9K0.00%00.0%Unchanged
Capital Advisors, Ltd. LLC407$36.0K0.00%−5−1.2%Reduced
AdvisorNet Financial, Inc406$36.3K0.00%+33+8.8%Added
Annis Gardner Whiting Capital Advisors, LLC409$36.6K0.01%−2,525−86.1%Reduced
Bayforest Capital Ltd417$37.3K0.02%+417New
Meeder Asset Management Inc426$38.1K0.00%+426New
Salem Investment Counselors Inc426$38.1K0.00%00.0%Unchanged
Independence Bank of Kentucky450$40.2K0.01%−25−5.3%Reduced
Twin Lakes Capital Management, LLC450$40.2K0.02%00.0%Unchanged
Towarzystwo Funduszy Inwestycyjnych Pzu SA450$40.2K0.01%00.0%Unchanged
Catalyst Capital Advisors LLC453$40.5K0.00%−600−57.0%Reduced
Johnson Financial Group, Inc.457$40.9K0.00%−2,273−83.3%Reduced
Central Pacific Bank - Trust Division474$42.4K0.01%−200−29.7%Reduced
New Millennium Group LLC502$44.9K0.02%−33−6.2%Reduced
Bellevue Asset Management, LLC504$45.1K0.02%00.0%Unchanged
United Community Bank506$45.2K0.02%+450+803.6%Added
Fuller & Thaler Asset Management, Inc.515$46.1K0.00%00.0%Unchanged
Safe Harbor Fiduciary, LLC583$52.1K0.05%−134−18.7%Reduced
Murphy & Mullick Capital Management Corp551$53.0K0.04%00.0%Unchanged
True Wealth Design, LLC596$53.3K0.02%+585+5,318.2%Added
Zions Bancorporation, National Association601$53.7K0.00%+8+1.3%Added
Geneos Wealth Management Inc.623$55.7K0.00%+26+4.4%Added
CoreCap Advisors, LLC655$58.6K0.00%−55−7.7%Reduced
Vega Investment Solutions659$58.9K0.01%−800−54.8%Reduced
Caldwell Trust Co687$61.4K0.01%−45−6.1%Reduced
Covestor Ltd709$63.0K0.04%+371+109.8%Added
Private Wealth Asset Management, LLC710$63.5K0.01%00.0%Unchanged
Whittier Trust Co of Nevada Inc720$64.4K0.00%00.0%Unchanged
LRI Investments, LLC725$64.8K0.01%−94−11.5%Reduced
Quarry LP761$68.0K0.02%−1,086−58.8%Reduced
Ameritas Advisory Services, LLC800$71.6K0.00%+800New
Smithfield Trust Co857$76.0K0.00%00.0%Unchanged
Onefund, LLC884$79.0K0.06%+884New
Whittier Trust Co900$80.5K0.00%00.0%Unchanged
TruNorth Capital Management, LLC900$80.5K0.02%00.0%Unchanged
Golden State Wealth Management, LLC909$81.3K0.01%00.0%Unchanged
Rothschild Investment LLC911$81.5K0.01%+153+20.2%Added
Osterweis Capital Management Inc1,000$89.4K0.00%+995+19,900.0%Added
Financial Network Wealth Advisors LLC1,042$93.2K0.11%+21+2.1%Added
TD Private Client Wealth LLC1,045$93.4K0.00%+494+89.7%Added
Cromwell Holdings LLC1,068$95.5K0.06%+26+2.5%Added
ORG Wealth Partners, LLC1,112$98.9K0.02%−91−7.6%Reduced
TCTC Holdings, LLC1,134$101.4K0.00%00.0%Unchanged
Ronald Blue Trust, Inc.1,177$105.2K0.00%−11−0.9%Reduced
Global Retirement Partners, LLC1,204$107.7K0.00%+1,204New
Hilltop National Bank1,216$108.7K0.03%+1,216New
MUFG Securities EMEA plc1,219$109.0K0.00%+1,219New
Smartleaf Asset Management LLC1,292$115.1K0.01%−1,266−49.5%Reduced
Sentry Investment Management LLC1,317$117.0K0.06%00.0%Unchanged
Lavaca Capital LLC1,400$125.2K0.05%+1,400New
NBC Securities, Inc.1,439$128.0K0.01%−8,691−85.8%Reduced
Umb Bank N A1,469$131.4K0.00%+464+46.2%Added
Parkside Financial Bank & Trust1,490$133.2K0.01%+57+4.0%Added
Trust Co of Toledo NA1,525$136.4K0.02%+1,525New
Missouri Trust & Investment Co1,530$136.8K0.04%00.0%Unchanged
Larson Financial Group LLC1,535$137.2K0.01%+546+55.2%Added
Caitong International Asset Management Co., Ltd1,541$137.8K0.10%+98+6.8%Added
Sierra Ocean, LLC1,630$145.8K0.11%00.0%Unchanged
Parallax Volatility Advisers, L.P.1,751$156.6K0.01%+1,751New
Wolff Wiese Magana LLC1,768$158.1K0.10%00.0%Unchanged
Cheviot Value Management, LLC1,638$158.6K0.02%00.0%Unchanged
South State Corp.1,794$160.4K0.01%−10−0.6%Reduced
Exchange Traded Concepts, LLC1,809$161.8K0.00%+555+44.3%Added
J.Safra Asset Management Corp1,900$169.9K0.01%00.0%Unchanged
Ancora Advisors, LLC2,036$182.1K0.00%+120+6.3%Added
Allworth Financial LP2,041$182.5K0.00%+880+75.8%Added
Financiere des Professionnels - Fonds d,investissement inc.2,150$192.3K0.01%+2,150New
Cooper Financial Group2,254$201.6K0.02%+2,254New
D.B. Root & Company, LLC2,263$202.4K0.06%+2,263New
Boreal Capital Management LLC2,271$203.1K0.17%+2,271New