Skip to main content

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.

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
Crestwood Advisors Group LLC5,186$458.7K0.01%+323+6.6%Added
Meiji Yasuda Life Insurance Co5,198$459.8K0.01%−674−11.5%Reduced
Glenview Trust Co5,229$462.5K0.01%+5,229New
Allred Capital Management, LLC5,260$465.3K0.16%+17+0.3%Added
Chilton Investment Co LLC5,293$468.2K0.01%+5,293New
Cynosure Management, LLC5,336$472.0K0.05%00.0%Unchanged
Gateway Investment Advisers LLC5,352$473.4K0.00%+57+1.1%Added
Savant Capital, LLC5,375$475.5K0.00%−33−0.6%Reduced
Massmutual Trust Co FSB5,378$475.7K0.01%−143−2.6%Reduced
Diligent Investors, LLC5,400$477.6K0.12%00.0%Unchanged
American National Bank5,415$479.0K0.05%00.0%Unchanged
Thomasville National Bank5,437$480.9K0.03%+187+3.6%Added
Sompo Asset Management Co., Ltd.5,510$487.4K0.08%−4,850−46.8%Reduced
Manchester Capital Management LLC5,515$487.8K0.07%−3,452−38.5%Reduced
Syon Capital LLC5,548$490.8K0.03%+857+18.3%Added
Integrated Wealth Concepts LLC5,576$493.2K0.00%+866+18.4%Added
Numerai GP LLC5,604$495.7K0.07%−11,044−66.3%Reduced
Krilogy Financial LLC5,802$496.4K0.02%+5,802New
Element Capital Management LLC5,636$498.5K0.71%+5,636New
Quantitative Investment Management, LLC5,740$507.0K0.07%+5,740New
Means Investment Co., Inc.5,772$510.5K0.04%00.0%Unchanged
Sunbelt Securities, Inc.5,818$514.6K0.04%+3,114+115.2%Added
Boreal Capital Management LLC5,845$517.0K0.42%+3,574+157.4%Added
CenterBook Partners LP5,866$518.8K0.03%+5,866New
Stanley-Laman Group, Ltd.5,951$526.4K0.08%−2,755−31.6%Reduced
Delta Capital Management LLC5,995$530.0K0.27%−300−4.8%Reduced
Arkadios Wealth Advisors6,023$532.8K0.01%−3,276−35.2%Reduced
JFS Wealth Advisors, LLC6,034$533.7K0.03%00.0%Unchanged
Hoxton Planning & Management, LLC6,113$540.7K0.17%00.0%Unchanged
Stevens Capital Management LP6,138$543.0K0.07%+6,138New
Chicago Partners Investment Group LLC6,188$544.3K0.01%+474+8.3%Added
Profund Advisors LLC6,183$546.9K0.02%+1,079+21.1%Added
Valeo Financial Advisors, LLC6,249$552.7K0.01%+159+2.6%Added
Checchi Capital Advisers, LLC6,363$562.8K0.04%−406−6.0%Reduced
Sienna Gestion7,086$571.4K0.04%00.0%Unchanged
Argus Investors' Counsel, Inc.6,498$574.8K0.46%−82−1.2%Reduced
Gladstone Institutional Advisory LLC6,561$580.3K0.02%−980−13.0%Reduced
Nilsine Partners, LLC6,582$582.2K0.05%+64+1.0%Added
Forum Financial Management, LP6,604$584.1K0.01%+15+0.2%Added
Great Lakes Retirement, Inc.6,604$584.1K0.06%−78−1.2%Reduced
Stratos Wealth Advisors, LLC6,739$596.1K0.03%+536+8.6%Added
Essential Partners LLC6,761$598.0K0.20%+2,762+69.1%Added
Centaurus Financial, Inc.6,789$600.0K0.03%+352+5.5%Added
Gabelli Funds LLC6,925$612.5K0.00%−635−8.4%Reduced
Insight Wealth Partners, LLC6,999$619.1K0.27%00.0%Unchanged
Bradley Foster & Sargent Inc7,085$626.7K0.01%−863−10.9%Reduced
Verus Financial Partners, Inc.7,150$632.4K0.06%00.0%Unchanged
Invesco, LLC7,158$633.1K0.21%+1,321+22.6%Added
Equitable Holdings, Inc.7,237$640.1K0.00%+157+2.2%Added
Resources Investment Advisors, LLC.7,258$641.9K0.01%−358−4.7%Reduced
Tranquility Partners, LLC7,266$642.7K0.22%−216−2.9%Reduced
Fifth Third Wealth Advisors LLC7,349$650.0K0.02%+610+9.1%Added
Glen Eagle Advisors, LLC7,405$655.0K0.09%+431+6.2%Added
Tema ETFs LLC7,410$655.4K0.05%+7,410New
Hartford Funds Management Co LLC7,527$665.9K0.06%−430−5.4%Reduced
OneAscent Investment Solutions LLC7,758$686.2K0.73%−38−0.5%Reduced
Beaton Management Co. Inc.7,800$690.0K0.31%00.0%Unchanged
Cypress Asset Management Inc7,919$700.4K0.16%00.0%Unchanged
Kestra Private Wealth Services, LLC7,943$702.6K0.01%+835+11.7%Added
Pallas Capital Advisors LLC7,944$702.6K0.03%+2,373+42.6%Added
RSM US Wealth Management LLC7,947$702.9K0.01%−1,430−15.3%Reduced
CIBC Private Wealth Group, LLC8,015$708.9K0.00%−229−2.8%Reduced
Private Wealth Partners, LLC8,020$709.4K0.05%+750+10.3%Added
Signaturefd, LLC8,050$712.0K0.01%−74−0.9%Reduced
Caerus Investment Advisors, LLC8,090$715.6K0.29%+8,090New
Strategy Asset Managers LLC8,130$719.1K0.13%+8,130New
Advisory Services Network, LLC8,141$720.1K0.01%−311−3.7%Reduced
Brown, Lisle/Cummings, Inc.8,150$720.9K0.19%−700−7.9%Reduced
Aviance Capital Partners, LLC8,165$722.2K0.09%00.0%Unchanged
Hara Capital LLC8,250$729.7K0.43%00.0%Unchanged
Baader Bank INC8,450$745.1K0.06%−85,269−91.0%Reduced
Frank, Rimerman Advisors LLC8,432$745.8K0.05%+6+0.1%Added
Ashton Thomas Private Wealth, LLC8,453$747.7K0.02%+1,492+21.4%Added
Callan Family Office, LLC8,533$754.7K0.02%−916−9.7%Reduced
Capital Analysts, LLC8,538$755.0K0.02%−14−0.2%Reduced
Everhart Financial Group, Inc.8,556$756.8K0.08%+1,075+14.4%Added
Harbor Capital Advisors, Inc.8,656$766.0K0.06%−352−3.9%Reduced
MUFG Securities EMEA plc8,676$767.4K0.02%+7,457+611.7%Added
HighPoint Advisor Group LLC8,715$770.8K0.04%+3,001+52.5%Added
International Assets Investment Management, LLC8,711$774.8K0.06%00.0%Unchanged
Vestcor Inc8,773$776.0K0.02%00.0%Unchanged
Coldstream Capital Management Inc8,853$783.0K0.01%+1,523+20.8%Added
Johnson Financial Group, Inc.8,941$790.8K0.03%+8,484+1,856.5%Added
Seeds Investor LLC9,046$800.1K0.17%−259−2.8%Reduced
Smith, Salley & Associates9,062$801.5K0.04%+1,124+14.2%Added
Intrust Bank NA9,081$803.2K0.07%−16−0.2%Reduced
Hancock Whitney Corp9,123$806.9K0.01%−3,035−25.0%Reduced
Harbor Investment Advisory, LLC9,147$809.1K0.07%+19+0.2%Added
Legacy Financial Advisors, Inc.9,173$811.4K0.11%+256+2.9%Added
PAX Financial Group, LLC9,195$813.3K0.15%−812−8.1%Reduced
S-Bank Fund Management Ltd9,319$824.3K0.11%−121−1.3%Reduced
Sherbrooke Park Advisers LLC9,380$829.7K0.39%+5,677+153.3%Added
D.A. Davidson & Co.9,426$833.8K0.01%−94−1.0%Reduced
EverSource Wealth Advisors, LLC9,438$834.9K0.03%+1,672+21.5%Added
Private Advisor Group, LLC9,540$843.8K0.00%+46+0.5%Added
Coastal Bridge Advisors, LLC9,545$844.2K0.06%−25−0.3%Reduced
Catalytic Wealth RIA, LLC9,701$858.1K0.03%+1,111+12.9%Added
First Pacific Financial9,738$861.3K0.12%−785−7.5%Reduced
Hantz Financial Services, Inc.9,847$871.0K0.01%−139−1.4%Reduced
Integrated Quantitative Investments LLC9,860$872.1K0.25%+9,860New