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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.

Q3 2025 vs. Q2 2025

How the institutions holding Nasdaq, Inc. changed between Q2 2025 and Q3 2025.

All holders in Q3 2025All holders in Q2 2025

13F holders of NDAQ: Q2 2025 compared with Q3 2025
MeasureQ2 2025Of which not filed for Q3 2025Q3 2025Change
Holders1,022141,047+39
Shares478.9M5.55M475.0M+1.63M (+0.3%)
Value$42.8B$496.0M$42.0B−$319.0M (−0.8%)

14 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so the changes leave them out.

New holders (127)

Institutions that held Nasdaq, Inc. at the end of Q3 2025 but not at the end of Q2 2025.

Showing the largest 100 of 127 by value.

Institutions new to NDAQ in Q3 2025
InstitutionSharesValue% of portfolio
Munich Reinsurance Co Stock Corp in Munich650,366$57.5M1.44%
Credit Agricole S A477,090$42.2M0.14%
Baltimore-Washington Financial Advisors, Inc.196,192$17.4M0.74%
Vancity Investment Management Ltd140,581$12.4M1.65%
ABN AMRO Bank N.V.133,155$11.8M0.12%
AXA Investment Managers S.A.102,121$9.03M0.02%
Morningstar Investment Management LLC86,591$7.66M0.28%
Bridgewater Associates, LP67,601$5.98M0.02%
CIBC Bancorp USA Inc.61,725$5.46M0.03%
Susquehanna Fundamental Investments, LLC59,136$5.23M0.20%
AIA Group Ltd58,000$5.13M0.09%
Point72 Asset Management, L.P.56,183$4.97M0.01%
Northstar Asset Management Inc51,736$4.58M1.19%
Sciencast Management LP49,873$4.41M0.83%
Campbell & CO Investment Adviser LLC40,941$3.62M0.27%
XTX Topco Ltd38,587$3.41M0.18%
Graphene Investments SAS37,500$3.32M2.10%
Oak Thistle LLC34,558$3.06M0.47%
Anfield Capital Management, LLC26,140$2.31M0.68%
Simplex Trading, LLC22,041$1.95M0.04%
First Horizon Corp21,734$1.92M0.09%
Dynamic Technology Lab Private Ltd20,548$1.82M0.31%
Magnetar Financial LLC19,827$1.75M0.01%
IPG Investment Advisors LLC17,003$1.50M0.27%
iA Global Asset Management Inc.16,787$1.49M0.02%
Allstate Corp16,035$1.42M0.03%
Martingale Asset Management L P13,912$1.23M0.03%
Clark Capital Management Group, Inc.13,908$1.23M0.01%
Alyeska Investment Group, L.P.13,771$1.22M0.00%
Fieldview Capital Management, LLC11,582$1.02M0.17%
Bellwether Advisors, LLC10,824$957.4K0.16%
USA Financial Portformulas Corp10,665$943.3K0.17%
Southeast Asset Advisors Inc.10,415$921.2K0.10%
Point72 Hong Kong Ltd9,860$872.1K0.04%
Integrated Quantitative Investments LLC9,860$872.1K0.25%
Strategy Asset Managers LLC8,130$719.1K0.13%
Caerus Investment Advisors, LLC8,090$715.6K0.29%
Tema ETFs LLC7,410$655.4K0.05%
Stevens Capital Management LP6,138$543.0K0.07%
CenterBook Partners LP5,866$518.8K0.03%
Quantitative Investment Management, LLC5,740$507.0K0.07%
Element Capital Management LLC5,636$498.5K0.71%
Krilogy Financial LLC5,802$496.4K0.02%
Chilton Investment Co LLC5,293$468.2K0.01%
Glenview Trust Co5,229$462.5K0.01%
Optimize Financial Inc4,822$426.5K0.22%
Harvest Investment Services, LLC4,785$423.2K0.09%
DRW Securities, LLC4,599$403.2K0.02%
Qtron Investments LLC4,550$402.4K0.05%
PEAK6 LLC4,034$356.8K0.01%
Camden Capital, LLC4,021$355.7K0.02%
Kirtland Hills Capital Management, LLC3,723$329.3K0.13%
Rakuten Investment Management, Inc.1,549$312.2K0.00%
MQS Management LLC3,476$307.5K0.18%
Brookwood Investment Group LLC3,462$306.2K0.04%
Savvy Advisors, Inc.3,439$304.2K0.01%
Western Wealth Management, LLC3,333$294.8K0.02%
Atomi Financial Group, Inc.3,242$286.7K0.01%
Redhawk Wealth Advisors, Inc.3,190$282.1K0.03%
Jump Financial, LLC3,068$271.4K0.00%
Warren Averett Asset Management, LLC3,063$270.9K0.00%
CAPROCK Group, Inc.2,844$269.4K0.01%
Summit Wealth Group LLC4,670$268.3K0.04%
Ritholtz Wealth Management2,900$256.5K0.00%
Focus Financial Network, Inc.2,828$250.1K0.01%
Full Sail Capital, LLC2,799$247.6K0.01%
Fortem Financial Group, LLC2,786$246.4K0.07%
Vestmark Advisory Solutions, Inc.2,769$244.9K0.00%
Petrus Trust Company, LTA2,711$239.8K0.03%
Premier Path Wealth Partners, LLC2,673$236.4K0.03%
Great Lakes Advisors, LLC2,597$229.7K0.00%
Transcend Wealth Collective, LLC2,580$228.2K0.02%
Ninepoint Partners LP2,516$222.5K0.03%
Jackson Thornton Asset Management, LLC2,468$221.8K0.02%
Miracle Mile Advisors, LLC2,498$221.0K0.00%
Accurate Wealth Management, LLC2,422$216.9K0.03%
Waddell & Associates, LLC2,360$208.7K0.02%
Keel Point, LLC2,349$207.8K0.01%
BSW Wealth Partners2,336$206.6K0.03%
Grant Private Wealth Management Inc2,327$205.8K0.13%
L2 Asset Management, LLC2,275$201.2K0.03%
Gries Financial LLC2,271$200.9K0.03%
Quent Capital, LLC1,926$170.4K0.01%
Peoples Financial Services Corp.1,479$130.8K0.06%
Compagnie Lombard Odier SCmA1,108$98.0K0.00%
Avalon Trust Co1,100$97.3K0.01%
Aster Capital Management (DIFC) Ltd1,065$94.2K0.05%
Atlantic Union Bankshares Corp904$80.0K0.00%
Root Financial Partners, LLC694$61.4K0.00%
Steigerwald, Gordon & Koch Inc.675$59.7K0.01%
Wiser Advisor Group LLC650$57.5K0.07%
Community Bank, N.A.509$45.0K0.01%
Salomon & Ludwin, LLC344$30.1K0.00%
West Branch Capital LLC323$28.6K0.01%
Tripletail Wealth Management, LLC300$26.6K0.03%
Wealthspire Advisors, LLC275$24.3K0.00%
Kerr Financial Planning Corp256$22.2K0.03%
Westfuller Advisors, LLC226$20.0K0.01%
JPL Wealth Management, LLC225$19.9K0.00%
WealthCollab, LLC155$13.7K0.01%

Sold out (88)

Institutions that held Nasdaq, Inc. at the end of Q2 2025 and filed for Q3 2025 without it.

Institutions that sold out of NDAQ in Q3 2025
InstitutionShares, Q2 2025Value, Q2 2025
Bain Capital Public Equity Management II, LLC649,427$58.1M
1832 Asset Management L.P.602,800$53.9M
Railway Pension Investments Ltd535,200$47.9M
Weiss Asset Management LP462,554$41.4M
Freestone Grove Partners LP425,173$38.0M
Gillson Capital LP377,823$33.8M
Zurich Insurance Group Ltd363,960$32.5M
Holocene Advisors, LP319,308$28.6M
Lighthouse Investment Partners, LLC180,338$16.1M
Connor, Clark & Lunn Investment Management Ltd.132,761$11.9M
Moore Capital Management, LP111,680$9.99M
AXA S.A.100,292$8.97M
Longaeva Partners L.P.99,961$8.94M
Polar Capital Holdings Plc90,534$8.10M
Sierra Summit Advisors LLC72,563$6.49M
Van Hulzen Asset Management, LLC69,819$6.24M
ISAM Funds (UK) Ltd55,471$4.96M
Nebula Research & Development LLC44,315$3.96M
Lombard Odier Asset Management (Europe) Ltd39,000$3.49M
Bain Capital Public Equity, LP37,382$3.34M
FJ Capital Management LLC27,803$2.49M
SummitTX Capital, L.P.24,465$2.19M
Centiva Capital, LP24,173$2.16M
Picton Mahoney Asset Management20,900$1.87M
Quadrature Capital Ltd20,682$1.85M
Inceptionr LLC19,434$1.74M
IMC-Chicago, LLC15,591$1.39M
Belpointe Asset Management LLC12,949$1.16M
Fortis Capital Advisors, LLC12,949$1.16M
Scientech Research LLC12,559$1.12M
Arete Wealth Advisors, LLC11,397$1.02M
Greenland Capital Management LP10,836$969.0K
Agf Management Ltd9,206$823.2K
Ethos Financial Group, LLC6,882$615.4K
World Equity Group, Inc.6,709$600.0K
Bridgefront Capital, LLC6,526$583.6K
Two Sigma Securities, LLC6,295$562.9K
Eqis Capital Management, Inc.5,684$508.2K
Farringdon Capital, Ltd.5,680$507.9K
Gitterman Wealth Management, LLC5,630$503.3K
Waterloo Capital, L.P.5,124$458.2K
Teza Capital Management LLC5,031$449.9K
Sandia Investment Management LP5,000$447.1K
Asahi Life Asset Management Co., Ltd.4,640$414.9K
Thurston, Springer, Miller, Herd & Titak, Inc.4,570$408.6K
Versor Investments LP4,174$373.2K
Counterpoint Mutual Funds LLC3,847$344.0K
OneAscent Financial Services LLC3,626$323.0K
ICONIQ Capital, LLC3,479$311.1K
MBB Public Markets I LLC3,285$293.7K
AlphaStar Capital Management, LLC3,200$286.1K
Aaron Wealth Advisors3,031$271.0K
Victrix Investment Advisors2,900$259.3K
LMR Partners LLP2,858$255.6K
Equitable Trust Co2,727$243.8K
Nwam LLC2,526$243.1K
ASB Consultores, LLC2,606$233.0K
Sage Mountain Advisors LLC2,535$226.7K
Principal Street Partners, LLC2,476$221.4K
Pines Wealth Management, LLC2,416$217.6K
TownSquare Capital, LLC2,389$213.6K
Alteri Wealth LLC2,341$209.3K
Paradigm Financial Partners, LLC2,337$209.0K
D.B. Root & Company, LLC2,263$202.4K
Cooper Financial Group2,254$201.6K
Financiere des Professionnels - Fonds d,investissement inc.2,150$192.3K
Sierra Ocean, LLC1,630$145.8K
Fuller & Thaler Asset Management, Inc.515$46.1K
Meeder Asset Management Inc426$38.1K
Opal Wealth Advisors, LLC344$30.8K
Twin Peaks Wealth Advisors, LLC284$27.3K
NewSquare Capital LLC172$15.4K
Maseco LLP161$14.4K
MorganRosel Wealth Management, LLC100$8.90K
Total Investment Management Inc73$6.53K
WealthTrak Capital Management LLC70$6.26K
Halbert Hargrove Global Advisors, LLC62$5.54K
PMV Capital Advisers, LLC51$4.56K
Beacon Capital Management, LLC51$4.53K
Pacifica Partners Inc.32$2.85K
HHM Wealth Advisors, LLC23$2.06K
Whipplewood Advisors, LLC23$2.06K
Financial Management Professionals, Inc.18$1.61K
Stephens Consulting, LLC16$1.43K
Riggs Asset Managment Co. Inc.14$1.25K
Asset Dedication, LLC9$805
LGT Financial Advisors LLC5$448
Kozak & Associates, Inc.0$22

Not filed for Q3 2025 yet (14)

Institutions that held Nasdaq, Inc. at the end of Q2 2025 and haven't filed a 13F for Q3 2025. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding NDAQ in Q2 2025 that haven't filed for Q3 2025
InstitutionShares, Q2 2025Value, Q2 2025
Norges Bank4,549,575$406.8M
MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH743,463$66.5M
Avantax Advisory Services, Inc.123,868$11.1M
CIBC World Markets Corp52,764$4.72M
First Horizon Advisors, Inc.28,387$2.54M
Congress Wealth Management LLC23,769$2.13M
SRN Advisors, LLC8,036$718.6K
Graypoint LLC6,511$582.2K
Atria Wealth Solutions, Inc.3,851$344.4K
EP Wealth Advisors, LLC2,532$226.4K
North Dallas Bank & Trust Co2,288$204.6K
Vega Investment Solutions659$58.9K
Safe Harbor Fiduciary, LLC583$52.1K
Parkworth Wealth Management, Inc.11$984