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.
13F holders, Q3 2025
Institutional positions in Nasdaq, Inc. as of Sep 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
- 1,047
- +39 vs. Q2 2025
- Shares held
- 475.0M
- +1.63M (+0.3%) vs. Q2 2025
- Total value
- $42.0B
- −$319.0M (−0.8%) vs. Q2 2025
- New holders
- 127
- 430 more added
- Sold out
- 88
- 317 more reduced
14 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 1,091 | $37.2B |
| Q1 2026 | 1,100 | $39.7B |
| Q4 2025 | 1,104 | $46.7B |
| Q3 2025 | 1,047 | $42.0B |
| Q2 2025 | 1,022 | $42.8B |
| Q1 2025 | 935 | $36.9B |
| Q4 2024 | 908 | $37.0B |
| Q3 2024 | 844 | $34.9B |
| Q2 2024 | 759 | $28.8B |
| Q1 2024 | 766 | $30.3B |
| Q4 2023 | 727 | $25.3B |
| Q3 2023 | 701 | $17.4B |
| Q2 2023 | 697 | $18.0B |
| Q1 2023 | 690 | $19.8B |
| Q4 2022 | 718 | $22.4B |
| Q3 2022 | 683 | $20.6B |
| Q2 2022 | 646 | $18.4B |
| Q1 2022 | 680 | $21.6B |
| Q4 2021 | 716 | $26.0B |
| Q3 2021 | 617 | $23.5B |
| Q2 2021 | 602 | $21.3B |
| Q1 2021 | 593 | $18.0B |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding Nasdaq, Inc.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| JPMorgan Chase & Co | 1,568,185 | $138.7M | 0.01% | +288,986+22.6% | Added |
| Johnson Investment Counsel Inc | 1,577,127 | $139.5M | 1.17% | −291,008−15.6% | Reduced |
| Two Sigma Advisers, LP | 1,630,100 | $144.2M | 0.29% | −182,400−10.1% | Reduced |
| Great West Life Assurance Co | 1,643,067 | $145.7M | 0.21% | −10,443−0.6% | Reduced |
| Man Group plc | 1,669,063 | $147.6M | 0.29% | +791,766+90.3% | Added |
| Lord, Abbett & Co. LLC | 1,684,117 | $149.0M | 0.44% | −117,087−6.5% | Reduced |
| Prudential Financial Inc | 1,750,683 | $154.8M | 0.18% | +384,992+28.2% | Added |
| FMR LLC | 1,856,632 | $164.2M | 0.01% | −68,991−3.6% | Reduced |
| Two Sigma Investments, LP | 1,993,853 | $176.4M | 0.27% | +209,245+11.7% | Added |
| AQR Capital Management LLC | 2,041,790 | $180.6M | 0.12% | +1,021,020+100.0% | Added |
| Citadel Advisors LLC | 2,085,091 | $184.4M | 0.15% | +107,240+5.4% | Added |
| Qube Research & Technologies Ltd | 2,159,556 | $191.0M | 0.27% | +1,215,780+128.8% | Added |
| D. E. Shaw & Co., Inc. | 2,180,228 | $192.8M | 0.16% | +1,176,550+117.2% | Added |
| Bank Julius Baer & Co. Ltd, Zurich | 2,188,186 | $193.5M | 0.55% | −387,595−15.0% | Reduced |
| Principal Financial Group Inc | 2,338,821 | $206.9M | 0.10% | −21,641−0.9% | Reduced |
| Barclays PLC | 2,444,039 | $216.2M | 0.08% | +922,125+60.6% | Added |
| American Century Companies Inc | 2,552,783 | $225.8M | 0.11% | +61,230+2.5% | Added |
| Dimensional Fund Advisors LP | 2,597,025 | $229.7M | 0.05% | −52,048−2.0% | Reduced |
| Envestnet Asset Management Inc | 2,663,780 | $235.6M | 0.07% | −25,416−0.9% | Reduced |
| Bank of New York Mellon Corp | 2,674,927 | $236.6M | 0.04% | +44,170+1.7% | Added |
| Charles Schwab Investment Management Inc | 2,688,020 | $237.8M | 0.04% | +225,862+9.2% | Added |
| Neuberger Berman Group LLC | 2,734,130 | $241.8M | 0.18% | +43,944+1.6% | Added |
| Mariner, LLC | 2,804,678 | $248.1M | 0.32% | +138,633+5.2% | Added |
| Legal & General Group Plc | 2,809,452 | $248.5M | 0.06% | +85,761+3.1% | Added |
| Bessemer Group Inc | 2,927,331 | $258.9M | 0.40% | −306,083−9.5% | Reduced |
| Amundi | 2,939,790 | $259.2M | 0.08% | −595,899−16.9% | Reduced |
| Select Equity Group, L.P. | 2,970,652 | $262.8M | 1.12% | +1,737,608+140.9% | Added |
| Nuveen, LLC | 3,336,949 | $295.2M | 0.08% | +155,482+4.9% | Added |
| UBS Asset Management Americas Inc | 3,529,220 | $312.2M | 0.07% | −1,059,019−23.1% | Reduced |
| Farallon Capital Management, L.L.C. | 3,623,043 | $320.5M | 1.81% | −460,700−11.3% | Reduced |
| UBS Group AG | 4,168,782 | $368.7M | 0.07% | −207,792−4.7% | Reduced |
| Northern Trust Corp | 4,198,608 | $371.4M | 0.05% | +116,542+2.9% | Added |
| Invesco Ltd. | 5,044,521 | $446.2M | 0.07% | +532,775+11.8% | Added |
| Manufacturers Life Insurance Company, The | 5,068,276 | $448.3M | 0.37% | −1,038,781−17.0% | Reduced |
| Ameriprise Financial Inc | 5,660,331 | $500.3M | 0.12% | −238,421−4.0% | Reduced |
| Morgan Stanley | 5,698,719 | $504.1M | 0.03% | +297,993+5.5% | Added |
| Goldman Sachs Group Inc | 5,793,573 | $512.4M | 0.07% | +124,038+2.2% | Added |
| Harris Associates L PSuperinvestorHarris Associates (Oakmark) | 5,905,409 | $522.3M | 0.84% | −1,866,321−24.0% | Reduced |
| Bank of America Corp | 6,931,446 | $613.1M | 0.05% | −141,522−2.0% | Reduced |
| Franklin Resources Inc | 10,582,893 | $936.1M | 0.23% | −157,014−1.5% | Reduced |
| Geode Capital Management, LLC | 12,473,317 | $1.10B | 0.07% | +1,016,618+8.9% | Added |
| State Street Corp | 19,619,192 | $1.74B | 0.06% | +1,404,348+7.7% | Added |
| Massachusetts Financial Services Co | 26,368,803 | $2.33B | 0.72% | −905,817−3.3% | Reduced |
| Wellington Management Group LLP | 39,802,892 | $3.52B | 0.62% | −1,434,233−3.5% | Reduced |
| BlackRock, Inc. | 40,165,064 | $3.55B | 0.06% | +3,083,656+8.3% | Added |
| Investor AB | 58,182,426 | $5.15B | 99.56% | 00.0% | Unchanged |
| Vanguard Group Inc | 59,648,406 | $5.28B | 0.08% | +3,848,406+6.9% | Added |
| Bain Capital Public Equity Management II, LLC | 0 | $0 | 0.00% | −649,427−100.0% | Sold out |
| 1832 Asset Management L.P. | 0 | $0 | 0.00% | −602,800−100.0% | Sold out |
| Railway Pension Investments Ltd | 0 | $0 | 0.00% | −535,200−100.0% | Sold out |
| Weiss Asset Management LP | 0 | $0 | 0.00% | −462,554−100.0% | Sold out |
| Freestone Grove Partners LP | 0 | $0 | 0.00% | −425,173−100.0% | Sold out |
| Gillson Capital LP | 0 | $0 | 0.00% | −377,823−100.0% | Sold out |
| Zurich Insurance Group Ltd | 0 | $0 | 0.00% | −363,960−100.0% | Sold out |
| Holocene Advisors, LP | 0 | $0 | 0.00% | −319,308−100.0% | Sold out |
| Lighthouse Investment Partners, LLC | 0 | $0 | 0.00% | −180,338−100.0% | Sold out |
| Connor, Clark & Lunn Investment Management Ltd. | 0 | $0 | 0.00% | −132,761−100.0% | Sold out |
| Moore Capital Management, LP | 0 | $0 | 0.00% | −111,680−100.0% | Sold out |
| AXA S.A. | 0 | $0 | 0.00% | −100,292−100.0% | Sold out |
| Longaeva Partners L.P. | 0 | $0 | 0.00% | −99,961−100.0% | Sold out |
| Polar Capital Holdings Plc | 0 | $0 | 0.00% | −90,534−100.0% | Sold out |
| Sierra Summit Advisors LLC | 0 | $0 | 0.00% | −72,563−100.0% | Sold out |
| Van Hulzen Asset Management, LLC | 0 | $0 | 0.00% | −69,819−100.0% | Sold out |
| ISAM Funds (UK) Ltd | 0 | $0 | 0.00% | −55,471−100.0% | Sold out |
| Nebula Research & Development LLC | 0 | $0 | 0.00% | −44,315−100.0% | Sold out |
| Lombard Odier Asset Management (Europe) Ltd | 0 | $0 | 0.00% | −39,000−100.0% | Sold out |
| Bain Capital Public Equity, LP | 0 | $0 | 0.00% | −37,382−100.0% | Sold out |
| FJ Capital Management LLC | 0 | $0 | 0.00% | −27,803−100.0% | Sold out |
| SummitTX Capital, L.P. | 0 | $0 | 0.00% | −24,465−100.0% | Sold out |
| Centiva Capital, LP | 0 | $0 | 0.00% | −24,173−100.0% | Sold out |
| Picton Mahoney Asset Management | 0 | $0 | 0.00% | −20,900−100.0% | Sold out |
| Quadrature Capital Ltd | 0 | $0 | 0.00% | −20,682−100.0% | Sold out |
| Inceptionr LLC | 0 | $0 | 0.00% | −19,434−100.0% | Sold out |
| IMC-Chicago, LLC | 0 | $0 | 0.00% | −15,591−100.0% | Sold out |
| Belpointe Asset Management LLC | 0 | $0 | 0.00% | −12,949−100.0% | Sold out |
| Fortis Capital Advisors, LLC | 0 | $0 | 0.00% | −12,949−100.0% | Sold out |
| Scientech Research LLC | 0 | $0 | 0.00% | −12,559−100.0% | Sold out |
| Arete Wealth Advisors, LLC | 0 | $0 | 0.00% | −11,397−100.0% | Sold out |
| Greenland Capital Management LP | 0 | $0 | 0.00% | −10,836−100.0% | Sold out |
| Agf Management Ltd | 0 | $0 | 0.00% | −9,206−100.0% | Sold out |
| Ethos Financial Group, LLC | 0 | $0 | 0.00% | −6,882−100.0% | Sold out |
| World Equity Group, Inc. | 0 | $0 | 0.00% | −6,709−100.0% | Sold out |
| Bridgefront Capital, LLC | 0 | $0 | 0.00% | −6,526−100.0% | Sold out |
| Two Sigma Securities, LLC | 0 | $0 | 0.00% | −6,295−100.0% | Sold out |
| Eqis Capital Management, Inc. | 0 | $0 | 0.00% | −5,684−100.0% | Sold out |
| Farringdon Capital, Ltd. | 0 | $0 | 0.00% | −5,680−100.0% | Sold out |
| Gitterman Wealth Management, LLC | 0 | $0 | 0.00% | −5,630−100.0% | Sold out |
| Waterloo Capital, L.P. | 0 | $0 | 0.00% | −5,124−100.0% | Sold out |
| Teza Capital Management LLC | 0 | $0 | 0.00% | −5,031−100.0% | Sold out |
| Sandia Investment Management LP | 0 | $0 | 0.00% | −5,000−100.0% | Sold out |
| Asahi Life Asset Management Co., Ltd. | 0 | $0 | 0.00% | −4,640−100.0% | Sold out |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 0 | $0 | 0.00% | −4,570−100.0% | Sold out |
| Versor Investments LP | 0 | $0 | 0.00% | −4,174−100.0% | Sold out |
| Counterpoint Mutual Funds LLC | 0 | $0 | 0.00% | −3,847−100.0% | Sold out |
| OneAscent Financial Services LLC | 0 | $0 | 0.00% | −3,626−100.0% | Sold out |
| ICONIQ Capital, LLC | 0 | $0 | 0.00% | −3,479−100.0% | Sold out |
| MBB Public Markets I LLC | 0 | $0 | 0.00% | −3,285−100.0% | Sold out |
| AlphaStar Capital Management, LLC | 0 | $0 | 0.00% | −3,200−100.0% | Sold out |
| Aaron Wealth Advisors | 0 | $0 | 0.00% | −3,031−100.0% | Sold out |
| Victrix Investment Advisors | 0 | $0 | 0.00% | −2,900−100.0% | Sold out |