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Livermore
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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, 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.

Institutional holdersQ3 2025: 1,047 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 heldQ3 2025: $42.0B
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, Q3 2025

Shares, value and share of portfolio for each institution holding Nasdaq, Inc.; share changes are against Q2 2025.

Institutions holding NDAQ in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Cheviot Value Management, LLC1,638$144.1K0.02%00.0%Unchanged
Larson Financial Group LLC1,631$144.3K0.01%+96+6.3%Added
ORG Wealth Partners, LLC1,634$144.5K0.03%+522+46.9%Added
Wolff Wiese Magana LLC1,768$156.4K0.09%00.0%Unchanged
Smithfield Trust Co1,835$162.0K0.01%+978+114.1%Added
South State Corp.1,846$163.3K0.01%+52+2.9%Added
Quent Capital, LLC1,926$170.4K0.01%+1,926New
Ancora Advisors, LLC2,036$180.1K0.00%00.0%Unchanged
State of Wyoming2,097$185.5K0.02%−211−9.1%Reduced
Gries Financial LLC2,271$200.9K0.03%+2,271New
L2 Asset Management, LLC2,275$201.2K0.03%+2,275New
Penserra Capital Management LLC2,296$202.0K0.00%−302−11.6%Reduced
Cerro Pacific Wealth Advisors LLC2,284$202.1K0.06%−42−1.8%Reduced
Genesis Private Wealth, LLC2,293$202.8K0.09%−109−4.5%Reduced
Grant Private Wealth Management Inc2,327$205.8K0.13%+2,327New
BSW Wealth Partners2,336$206.6K0.03%+2,336New
Brown Advisory Inc2,347$207.6K0.00%−202−7.9%Reduced
Keel Point, LLC2,349$207.8K0.01%+2,349New
Relyea Zuckerberg Hanson LLC2,357$208.5K0.02%00.0%Unchanged
Waddell & Associates, LLC2,360$208.7K0.02%+2,360New
Allegheny Financial Group LTD2,361$208.8K0.04%−7−0.3%Reduced
Pinnacle Wealth Planning Services, Inc.2,378$210.3K0.02%+5+0.2%Added
Alpha Family Trust2,400$212.3K0.10%00.0%Unchanged
Smartleaf Asset Management LLC2,398$212.7K0.01%+1,106+85.6%Added
QSV Equity Investors LLC2,414$213.5K0.22%−123−4.8%Reduced
Alpha Cubed Investments, LLC2,414$213.5K0.01%+100+4.3%Added
Perennial Investment Advisors, LLC2,417$213.7K0.02%−300−11.0%Reduced
Accurate Wealth Management, LLC2,422$216.9K0.03%+2,422New
Rakuten Securities, Inc.2,477$219.1K0.08%+2,106+567.7%Added
Harmony Asset Management LLC2,485$219.8K0.08%00.0%Unchanged
Wesbanco Bank Inc2,492$220.4K0.01%+9+0.4%Added
Miracle Mile Advisors, LLC2,498$221.0K0.00%+2,498New
Orgel Wealth Management, LLC2,505$221.6K0.01%00.0%Unchanged
Jackson Thornton Asset Management, LLC2,468$221.8K0.02%+2,468New
Ninepoint Partners LP2,516$222.5K0.03%+2,516New
Westpac Banking Corp2,524$223.2K0.01%00.0%Unchanged
Beacon Pointe Advisors, LLC2,531$223.9K0.00%−1,983−43.9%Reduced
Kingswood Wealth Advisors, LLC2,545$225.1K0.01%−21−0.8%Reduced
Isthmus Partners, LLC2,550$225.5K0.05%00.0%Unchanged
Transcend Wealth Collective, LLC2,580$228.2K0.02%+2,580New
Avidian Wealth Solutions, LLC2,580$228.2K0.01%+80+3.2%Added
Redwood Financial Network Corp2,584$228.5K0.14%−147−5.4%Reduced
Conning Inc.2,587$228.8K0.01%00.0%Unchanged
Great Lakes Advisors, LLC2,597$229.7K0.00%+2,597New
Claret Asset Management Corp2,604$230.0K0.03%−37−1.4%Reduced
Ted Buchan & Co2,613$231.1K0.09%00.0%Unchanged
Advisory Alpha, LLC2,688$234.9K0.01%−439−14.0%Reduced
Premier Path Wealth Partners, LLC2,673$236.4K0.03%+2,673New
Integrated Advisors Network LLC2,692$238.1K0.01%−23−0.8%Reduced
Banco BTG Pactual S.A.2,700$238.8K0.03%−2,800−50.9%Reduced
Petrus Trust Company, LTA2,711$239.8K0.03%+2,711New
One Degree Advisors Inc2,724$240.0K0.07%00.0%Unchanged
111 Capital2,739$242.3K0.05%−8,350−75.3%Reduced
Kingsview Wealth Management, LLC2,739$242.3K0.00%+67+2.5%Added
Longboard Asset Management, LP2,753$243.5K0.39%00.0%Unchanged
LGT Fund Management Co Ltd.2,810$244.2K0.02%00.0%Unchanged
Vestmark Advisory Solutions, Inc.2,769$244.9K0.00%+2,769New
Fortem Financial Group, LLC2,786$246.4K0.07%+2,786New
Central Trust Co2,789$246.7K0.01%−24−0.9%Reduced
Full Sail Capital, LLC2,799$247.6K0.01%+2,799New
Virtu Financial LLC2,822$250.0K0.01%−17,090−85.8%Reduced
Fi3 FINANCIAL ADVISORS, LLC2,827$250.0K0.08%+204+7.8%Added
Focus Financial Network, Inc.2,828$250.1K0.01%+2,828New
Peddock Capital Advisors, LLC2,829$250.2K0.05%00.0%Unchanged
PDS Planning, Inc2,830$250.3K0.02%+133+4.9%Added
Ritholtz Wealth Management2,900$256.5K0.00%+2,900New
Fukoku Mutual Life Insurance Co2,920$258.3K0.02%00.0%Unchanged
Patton Fund Management, Inc.2,922$258.5K0.05%00.0%Unchanged
Weaver Consulting Group2,923$258.5K0.07%+10.0%Added
Washington Trust Bank2,928$259.0K0.02%00.0%Unchanged
HBK Sorce Advisory LLC2,893$259.3K0.01%+159+5.8%Added
CWA Asset Management Group, LLC2,932$259.3K0.01%+87+3.1%Added
EntryPoint Capital, LLC2,946$260.6K0.10%−7,319−71.3%Reduced
Harvest Fund Management Co., Ltd2,957$261.0K0.01%−182−5.8%Reduced
Fiduciary Family Office, LLC2,991$264.6K0.08%−1,602−34.9%Reduced
Fruth Investment Management3,000$265.0K0.07%00.0%Unchanged
Carnegie Capital Asset Management, LLC3,000$265.4K0.01%−1,170−28.1%Reduced
Romano Brothers and Company3,000$265.4K0.03%00.0%Unchanged
Caldwell Sutter Capital, Inc.3,000$265.4K0.11%00.0%Unchanged
OneAscent Family Office, LLC3,000$265.4K0.22%+51+1.7%Added
Skopos Labs, Inc.3,011$268.2K0.04%−11−0.4%Reduced
Summit Wealth Group LLC4,670$268.3K0.04%+4,670New
Howard Capital Management Inc.3,037$268.6K0.00%+56+1.9%Added
Endowment Wealth Management, Inc.3,043$269.1K0.12%−27−0.9%Reduced
Trust Co of Vermont3,043$269.2K0.01%00.0%Unchanged
CAPROCK Group, Inc.2,844$269.4K0.01%+2,844New
Delta Investment Management, LLC3,058$270.5K0.05%+242+8.6%Added
Warren Averett Asset Management, LLC3,063$270.9K0.00%+3,063New
Jump Financial, LLC3,068$271.4K0.00%+3,068New
Caxton Associates LLP3,094$273.7K0.01%−130−4.0%Reduced
New World Advisors LLC3,105$274.6K0.05%+3+0.1%Added
Mystic Asset Management, Inc.3,112$275.3K0.06%00.0%Unchanged
Axq Capital, LP3,120$276.0K0.11%−2,936−48.5%Reduced
Hamilton Capital Partners Inc.3,128$276.7K0.01%−4,821−60.6%Reduced
Dynamic Advisor Solutions LLC3,139$277.6K0.01%+139+4.6%Added
IHT Wealth Management, LLC3,140$277.8K0.01%−26−0.8%Reduced
Anchor Investment Management, LLC3,148$278.4K0.02%00.0%Unchanged
Claro Advisors LLC3,160$279.5K0.04%+55+1.8%Added
Redhawk Wealth Advisors, Inc.3,190$282.1K0.03%+3,190New
GTS Securities LLC3,203$283.3K0.01%−125−3.8%Reduced