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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
Atom Investors LP11,135$995.7K0.09%+7,547+210.3%Added
Kentucky Retirement Systems Insurance Trust Fund11,201$1.00M0.07%−776−6.5%Reduced
Verity & Verity, LLC11,342$1.01M0.09%+821+7.8%Added
Guggenheim Capital LLC11,386$1.02M0.01%+481+4.4%Added
Arete Wealth Advisors, LLC11,397$1.02M0.07%+22+0.2%Added
Vident Advisory, LLC11,638$1.04M0.01%+1,169+11.2%Added
Polar Asset Management Partners Inc.11,700$1.05M0.03%+11,700New
Journey Advisory Group, LLC11,807$1.06M0.08%+1,219+11.5%Added
SPC Financial, Inc.11,815$1.06M0.09%−225−1.9%Reduced
Stablepoint Partners, LLC11,854$1.06M0.18%−52−0.4%Reduced
IFP Advisors, Inc11,702$1.06M0.03%+11,216+2,307.8%Added
Canandaigua National Bank & Trust Co11,866$1.06M0.10%−240−2.0%Reduced
Farther Finance Advisors, LLC11,994$1.07M0.02%−250−2.0%Reduced
Global Financial Private Client, LLC12,109$1.08M0.41%+219+1.8%Added
Hancock Whitney Corp12,158$1.09M0.02%+12,158New
Heritage Family Offices, LLP14,776$1.11M0.56%00.0%Unchanged
V-Square Quantitative Management LLC12,385$1.11M0.15%−872−6.6%Reduced
Whitener Capital Management, Inc.12,436$1.11M0.29%+226+1.9%Added
Graham Capital Management, L.P.12,516$1.12M0.03%+12,516New
Scientech Research LLC12,559$1.12M0.27%+1,315+11.7%Added
Empirical Finance, LLC12,605$1.13M0.06%+43+0.3%Added
ASR Vermogensbeheer N.V.12,877$1.15M0.01%+2,572+25.0%Added
Omers Administration Corp12,907$1.15M0.01%00.0%Unchanged
Tritonpoint Wealth, LLC12,929$1.16M0.11%+669+5.5%Added
Apollon Wealth Management, LLC12,931$1.16M0.02%+2,157+20.0%Added
Belpointe Asset Management LLC12,949$1.16M0.05%+439+3.5%Added
Fortis Capital Advisors, LLC12,949$1.16M0.21%+439+3.5%Added
Keybank National Association13,039$1.17M0.00%+18+0.1%Added
RMB Capital Management, LLC13,042$1.17M0.02%+13,042New
AAFMAA Wealth Management & Trust LLC13,134$1.17M0.49%−5,233−28.5%Reduced
Northwestern Mutual Investment Management Company, LLC13,187$1.18M0.02%+26+0.2%Added
Trueblood Wealth Management, LLC13,191$1.18M0.49%+11+0.1%Added
Martin Capital Advisors, LLP13,532$1.21M0.79%00.0%Unchanged
Colony Group, LLC13,588$1.22M0.00%−763−5.3%Reduced
Tower Research Capital LLC (TRC)13,644$1.22M0.03%−3,213−19.1%Reduced
Compass Capital Corp15,995$1.22M0.58%00.0%Unchanged
Ci Investments Inc.13,827$1.24M0.00%+472+3.5%Added
Wiley Bros.-Aintree Capital, LLC13,897$1.24M0.01%+4,188+43.1%Added
Quadrant Capital Group LLC13,945$1.25M0.04%+3,322+31.3%Added
Tokio Marine Asset Management Co Ltd14,000$1.25M0.05%+530+3.9%Added
Empowered Funds, LLC14,264$1.28M0.01%−310−2.1%Reduced
Copeland Capital Management, LLC14,463$1.29M0.03%−528−3.5%Reduced
Kensington Investment Counsel, LLC14,541$1.30M0.56%−158−1.1%Reduced
Clarus Wealth Advisors14,698$1.30M0.60%+2,456+20.1%Added
Squarepoint Ops LLC14,674$1.31M0.00%−72,707−83.2%Reduced
SG Americas Securities, LLC14,697$1.31M0.01%+3,610+32.6%Added
TKG Advisors, LLC14,761$1.32M0.59%−15,482−51.2%Reduced
Hunter Associates Investment Management LLC14,997$1.34M0.20%00.0%Unchanged
Greenleaf Trust15,161$1.36M0.01%+3,101+25.7%Added
Legato Capital Management LLC15,315$1.37M0.16%+4,781+45.4%Added
GAMMA Investing LLC15,442$1.38M0.09%+555+3.7%Added
Ramirez Asset Management, Inc.15,451$1.38M0.21%+12,269+385.6%Added
IMC-Chicago, LLC15,591$1.39M0.03%+15,591New
Mission Wealth Management, LP15,757$1.41M0.03%−21−0.1%Reduced
Mount Lucas Management LP15,786$1.41M0.67%+15,786New
Everence Capital Management Inc16,010$1.43M0.09%00.0%Unchanged
G&S Capital LLC16,317$1.46M0.58%−17,595−51.9%Reduced
Bryn Mawr Trust Co16,539$1.48M0.03%−136−0.8%Reduced
Jain Global LLC16,604$1.48M0.02%+16,604New
Numerai GP LLC16,648$1.49M0.21%−1,555−8.5%Reduced
Paradigm Asset Management Co LLC16,900$1.51M0.37%+16,900New
Helios Capital Management Pte. Ltd16,950$1.52M1.17%00.0%Unchanged
AG2R la Mondiale Gestion D'Actifs17,221$1.54M0.08%00.0%Unchanged
Ballentine Partners, LLC17,247$1.54M0.02%+4,441+34.7%Added
Flagship Harbor Advisors, LLC17,362$1.55M0.07%−241−1.4%Reduced
Evelyn Partners Investment Management (Europe) Ltd17,427$1.56M0.56%−540−3.0%Reduced
Thompson Siegel & Walmsley LLC17,500$1.56M0.03%−16,250−48.1%Reduced
BI Asset Management Fondsmaeglerselskab A/S17,874$1.60M0.02%+5,424+43.6%Added
Waterfront Wealth Inc.17,956$1.61M0.36%−641−3.4%Reduced
Legacy Bridge, LLC18,060$1.61M0.77%00.0%Unchanged
Tealwood Asset Management Inc18,240$1.63M0.73%−101−0.6%Reduced
Leonteq Securities AG18,499$1.65M0.10%−799−4.1%Reduced
Allspring Global Investments Holdings, LLC18,878$1.68M0.00%−693−3.5%Reduced
E. Ohman J:or Asset Management AB19,322$1.73M0.04%00.0%Unchanged
New Mexico Educational Retirement Board19,384$1.73M0.06%00.0%Unchanged
Inceptionr LLC19,434$1.74M0.40%−4,050−17.2%Reduced
Ossiam19,772$1.77M0.02%−1,139−5.4%Reduced
Virtu Financial LLC19,912$1.78M0.09%+16,582+498.0%Added
ING Groep NV19,991$1.79M0.01%−581−2.8%Reduced
Maryland State Retirement & Pension System20,044$1.79M0.04%+790+4.1%Added
Neville Rodie & Shaw Inc20,275$1.81M0.13%+20,275New
Walleye Trading LLC20,539$1.84M0.05%+20,539New
Quadrature Capital Ltd20,682$1.85M0.03%−1,631−7.3%Reduced
Picton Mahoney Asset Management20,900$1.87M0.03%−4,330−17.2%Reduced
Point72 (DIFC) Ltd20,928$1.87M0.15%−16,029−43.4%Reduced
Westover Capital Advisors, LLC21,062$1.88M0.38%00.0%Unchanged
MAI Capital Management21,538$1.93M0.01%+474+2.3%Added
Securian Asset Management, Inc21,560$1.93M0.05%−271−1.2%Reduced
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management21,678$1.94M0.04%+2,547+13.3%Added
J. Safra Sarasin Holding AG21,791$1.95M0.03%+21,791New
Louisiana State Employees Retirement System21,800$1.95M0.04%−500−2.2%Reduced
Gulf International Bank (UK) Ltd22,047$1.97M0.07%−3,008−12.0%Reduced
Huntington National Bank22,244$1.99M0.01%−154−0.7%Reduced
Lido Advisors, LLC22,286$1.99M0.01%+959+4.5%Added
Roman Butler Fullerton & Co21,103$2.00M0.59%−183−0.9%Reduced
Illinois Municipal Retirement Fund22,632$2.02M0.03%−7,287−24.4%Reduced
Vontobel Holding Ltd.22,720$2.03M0.01%+2,160+10.5%Added
Adviser Investments LLC22,726$2.03M0.03%+67+0.3%Added
Pittenger & Anderson Inc22,789$2.04M0.07%−605−2.6%Reduced
Norinchukin Bank, The23,258$2.08M0.03%+1,629+7.5%Added