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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
OneAscent Financial Services LLC3,626$323.0K0.02%−4,114−53.2%Reduced
Summit Trail Advisors, LLC3,627$324.4K0.01%+3,627New
Sherbrooke Park Advisers LLC3,703$331.1K0.14%−3,015−44.9%Reduced
PFG Investments, LLC3,745$334.8K0.02%−959−20.4%Reduced
Scotia Capital Inc.3,779$337.8K0.00%−420−10.0%Reduced
Nomura Holdings Inc3,783$338.3K0.00%−12,521−76.8%Reduced
Cinctive Capital Management LP3,804$340.2K0.02%+3,804New
Keynote Financial Services LLC3,808$340.5K0.23%−300−7.3%Reduced
Livforsakringsbolaget Skandia, Omsesidigt3,826$342.0K0.02%00.0%Unchanged
Counterpoint Mutual Funds LLC3,847$344.0K0.03%+3,847New
Atria Wealth Solutions, Inc.3,851$344.4K0.01%+1,045+37.2%Added
OneAscent Wealth Management LLC3,853$345.0K0.13%+263+7.3%Added
Citizens Financial Group Inc3,871$346.1K0.01%+3,871New
Evoke Wealth, LLC3,884$347.3K0.01%+3,884New
Elm3 Financial Group, LLC3,914$350.0K0.29%−3−0.1%Reduced
Synovus Financial Corp3,939$352.2K0.00%−100−2.5%Reduced
1248 Management, LLC3,947$352.9K0.13%00.0%Unchanged
Advisors Capital Management, LLC3,968$354.9K0.00%+129+3.4%Added
We Are One Seven, LLC3,998$357.5K0.01%+341+9.3%Added
Essential Partners LLC3,999$357.6K0.14%+3,999New
Diversified Trust Co4,020$359.5K0.01%+58+1.5%Added
Cornerstone Wealth Group, LLC4,043$361.5K0.03%+935+30.1%Added
Cigna Investments Inc4,046$362.0K0.06%−59−1.4%Reduced
Pettee Investors, Inc.4,050$362.2K0.22%00.0%Unchanged
Commerzbank Aktiengesellschaft4,064$364.0K0.01%00.0%Unchanged
IFC Advisors LLC4,071$364.0K0.07%00.0%Unchanged
Dakota Wealth Management4,087$365.5K0.01%−36−0.9%Reduced
Clearstead Advisors, LLC4,101$366.7K0.01%+1,370+50.2%Added
Donaldson Capital Management, LLC4,118$368.2K0.01%−239−5.5%Reduced
First National Trust Co4,168$372.7K0.01%00.0%Unchanged
Carnegie Capital Asset Management, LLC4,170$372.9K0.01%00.0%Unchanged
Versor Investments LP4,174$373.2K0.07%+829+24.8%Added
Brighton Jones LLC4,194$375.0K0.01%+4,194New
McGuire Investment Group, LLC4,200$375.6K0.05%00.0%Unchanged
Navellier & Associates Inc4,206$376.1K0.05%+13+0.3%Added
Mather Group, LLC.4,241$379.2K0.00%+336+8.6%Added
National Asset Management, Inc.4,249$379.9K0.02%−2,389−36.0%Reduced
Fielder Capital Group LLC4,253$380.3K0.10%+122+3.0%Added
SRS Capital Advisors, Inc.4,281$389.1K0.02%+4,223+7,281.0%Added
Independent Advisor Alliance4,369$390.6K0.01%−209−4.6%Reduced
Wedmont Private Capital4,417$396.8K0.02%+305+7.4%Added
Retirement Planning Co of New England, Inc.4,450$397.9K0.18%+11+0.2%Added
Cresset Asset Management, LLC4,496$402.1K0.00%−7,924−63.8%Reduced
Beacon Pointe Advisors, LLC4,514$403.6K0.00%+4,514New
Level Four Advisory Services, LLC4,523$404.5K0.01%−172−3.7%Reduced
Parallel Advisors, LLC4,527$404.8K0.01%+85+1.9%Added
Brown Brothers Harriman & Co4,544$406.3K0.00%+1,352+42.4%Added
SBI Securities Co., Ltd.4,551$406.9K0.01%−406−8.2%Reduced
Evergreen Capital Management LLC4,568$408.5K0.01%+564+14.1%Added
Thurston, Springer, Miller, Herd & Titak, Inc.4,570$408.6K0.05%00.0%Unchanged
Fiduciary Family Office, LLC4,593$410.7K0.13%00.0%Unchanged
Ellevest, Inc.4,624$413.5K0.07%−667−12.6%Reduced
Asahi Life Asset Management Co., Ltd.4,640$414.9K0.24%+4,640New
LWM Advisory Services, LLC4,676$418.1K0.29%+4,676New
Gamco Investors, Inc. Et Al4,681$418.6K0.00%−412−8.1%Reduced
Fidelis Capital Partners, LLC4,343$419.3K0.04%+68+1.6%Added
Syon Capital LLC4,691$419.5K0.03%+983+26.5%Added
Trust Asset Management LLC4,697$420.0K0.03%00.0%Unchanged
Integrated Wealth Concepts LLC4,710$421.2K0.00%+4,710New
Dana Investment Advisors, Inc.4,753$425.0K0.01%00.0%Unchanged
Sagespring Wealth Partners, LLC4,799$429.1K0.01%+1,108+30.0%Added
Colonial Trust Co4,858$434.4K0.06%−1,773−26.7%Reduced
Crestwood Advisors Group LLC4,863$434.8K0.01%+287+6.3%Added
Rosenberg Matthew Hamilton4,888$437.1K0.10%00.0%Unchanged
Boyar Asset Management Inc.4,896$437.8K0.29%−450−8.4%Reduced
Cary Street Partner Investment Advisory LLC4,935$441.3K0.21%+110+2.3%Added
Welch Group, LLC4,951$442.7K0.02%+4+0.1%Added
Sandia Investment Management LP5,000$447.1K1.15%+5,000New
Mayflower Financial Advisors, LLC5,027$449.5K0.06%+11+0.2%Added
Teza Capital Management LLC5,031$449.9K0.34%−16,443−76.6%Reduced
Wedbush Securities Inc5,056$452.0K0.02%+857+20.4%Added
Ridgewood Investments LLC5,077$454.0K0.20%−9,580−65.4%Reduced
Quotient Wealth Partners, LLC5,103$456.3K0.01%+425+9.1%Added
Profund Advisors LLC5,104$456.4K0.02%−654−11.4%Reduced
Waterloo Capital, L.P.5,124$458.2K0.04%+5,124New
Vise Technologies, Inc.5,204$465.4K0.02%+5,204New
Allred Capital Management, LLC5,243$468.9K0.18%−449−7.9%Reduced
Thomasville National Bank5,250$469.5K0.03%00.0%Unchanged
Malaga Cove Capital, LLC5,260$470.3K0.18%+2,304+77.9%Added
Gateway Investment Advisers LLC5,295$473.5K0.01%−143−2.6%Reduced
Cynosure Management, LLC5,336$477.1K0.05%+997+23.0%Added
Diligent Investors, LLC5,400$482.9K0.11%00.0%Unchanged
Savant Capital, LLC5,408$483.6K0.00%−238−4.2%Reduced
American National Bank5,415$484.2K0.05%00.0%Unchanged
Fox Run Management, L.L.C.5,469$489.0K0.08%+5,469New
Banco BTG Pactual S.A.5,500$491.8K0.10%00.0%Unchanged
Massmutual Trust Co FSB5,521$493.7K0.01%−217−3.8%Reduced
Meeder Advisory Services, Inc.5,542$495.6K0.03%+1,483+36.5%Added
Pallas Capital Advisors LLC5,571$498.2K0.02%+5,571New
Gitterman Wealth Management, LLC5,630$503.3K0.12%+2,629+87.6%Added
Chicago Partners Investment Group LLC5,714$504.4K0.01%+5,714New
Private Trust Co NA5,656$505.8K0.05%+137+2.5%Added
R Squared Ltd5,668$506.8K0.28%+518+10.1%Added
Farringdon Capital, Ltd.5,680$507.9K0.17%+5,680New
Eqis Capital Management, Inc.5,684$508.2K0.04%+128+2.3%Added
Entropy Technologies, LP5,700$509.7K0.04%+5,700New
HighPoint Advisor Group LLC5,714$510.9K0.03%+1,142+25.0%Added
Means Investment Co., Inc.5,772$516.1K0.05%00.0%Unchanged
Invesco, LLC5,837$521.9K0.19%+2,493+74.6%Added
Meiji Yasuda Life Insurance Co5,872$525.1K0.02%−509−8.0%Reduced