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 |
|---|---|---|---|---|---|
| Diversify Advisory Services, LLC | 20,696 | $1.79M | 0.06% | −8,638−29.4% | Reduced |
| Investment Management Corp of Ontario | 20,261 | $1.79M | 0.03% | +9,726+92.3% | Added |
| R Squared Ltd | 20,328 | $1.80M | 0.77% | +14,660+258.6% | Added |
| Roman Butler Fullerton & Co | 21,088 | $1.80M | 0.48% | −15−0.1% | Reduced |
| Allspring Global Investments Holdings, LLC | 20,875 | $1.81M | 0.00% | +1,997+10.6% | Added |
| Colony Group, LLC | 20,534 | $1.82M | 0.00% | +6,946+51.1% | Added |
| Dynamic Technology Lab Private Ltd | 20,548 | $1.82M | 0.31% | +20,548 | New |
| Heritage Family Offices, LLP | 20,551 | $1.82M | 0.85% | +5,775+39.1% | Added |
| Vontobel Holding Ltd. | 20,555 | $1.82M | 0.01% | −2,165−9.5% | Reduced |
| Maryland State Retirement & Pension System | 20,566 | $1.82M | 0.04% | +522+2.6% | Added |
| Parallax Volatility Advisers, L.P. | 20,788 | $1.84M | 0.05% | +19,037+1,087.2% | Added |
| Envestnet Portfolio Solutions, Inc. | 20,957 | $1.85M | 0.01% | −4,287−17.0% | Reduced |
| Westover Capital Advisors, LLC | 21,023 | $1.86M | 0.34% | −39−0.2% | Reduced |
| ING Groep NV | 21,228 | $1.88M | 0.01% | +1,237+6.2% | Added |
| Dark Forest Capital Management LP | 21,467 | $1.90M | 0.07% | −30,691−58.8% | Reduced |
| MAI Capital Management | 21,501 | $1.90M | 0.01% | −37−0.2% | Reduced |
| Gulf International Bank (UK) Ltd | 21,682 | $1.92M | 0.06% | −365−1.7% | Reduced |
| First Horizon Corp | 21,734 | $1.92M | 0.09% | +21,734 | New |
| Securian Asset Management, Inc | 21,891 | $1.94M | 0.05% | +331+1.5% | Added |
| Simplex Trading, LLC | 22,041 | $1.95M | 0.04% | +22,041 | New |
| Illinois Municipal Retirement Fund | 22,151 | $1.96M | 0.03% | −481−2.1% | Reduced |
| Pittenger & Anderson Inc | 22,639 | $2.00M | 0.07% | −150−0.7% | Reduced |
| Prime Capital Investment Advisors, LLC | 23,198 | $2.05M | 0.03% | −1,547−6.3% | Reduced |
| Shelton Capital Management | 23,240 | $2.06M | 0.04% | +20,896+891.5% | Added |
| Huntington National Bank | 23,575 | $2.09M | 0.01% | +1,331+6.0% | Added |
| Louisiana State Employees Retirement System | 23,800 | $2.11M | 0.04% | +2,000+9.2% | Added |
| Gardner Lewis Asset Management L P | 24,080 | $2.13M | 0.56% | 00.0% | Unchanged |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | 24,256 | $2.15M | 0.04% | +2,578+11.9% | Added |
| Banque Cantonale Vaudoise | 24,357 | $2.15M | 0.08% | −700−2.8% | Reduced |
| Fiduciary Alliance LLC | 24,572 | $2.17M | 0.15% | −440−1.8% | Reduced |
| Machina Capital S.A.S. | 24,730 | $2.19M | 0.38% | −5,490−18.2% | Reduced |
| Adviser Investments LLC | 24,952 | $2.21M | 0.03% | +2,226+9.8% | Added |
| Banco Bilbao Vizcaya Argentaria, S.A. | 25,190 | $2.23M | 0.02% | +1,711+7.3% | Added |
| CIBC World Markets Inc. | 25,447 | $2.25M | 0.00% | +15,739+162.1% | Added |
| Kentucky Retirement Systems | 25,892 | $2.29M | 0.06% | −500−1.9% | Reduced |
| Aigen Investment Management, LP | 26,011 | $2.30M | 0.36% | −5,040−16.2% | Reduced |
| Otter Creek Advisors, LLC | 26,091 | $2.31M | 2.29% | −5,633−17.8% | Reduced |
| Leavell Investment Management, Inc. | 26,135 | $2.31M | 0.10% | −21−0.1% | Reduced |
| Anfield Capital Management, LLC | 26,140 | $2.31M | 0.68% | +26,140 | New |
| Ameritas Investment Partners, Inc. | 26,165 | $2.31M | 0.07% | −1,518−5.5% | Reduced |
| J. Safra Sarasin Holding AG | 26,178 | $2.32M | 0.04% | +4,387+20.1% | Added |
| Norinchukin Bank, The | 26,207 | $2.32M | 0.03% | +2,949+12.7% | Added |
| Kovitz Investment Group Partners, LLC | 26,508 | $2.34M | 0.01% | +1,416+5.6% | Added |
| Lecap Asset Management Ltd | 26,510 | $2.34M | 0.82% | +1,037+4.1% | Added |
| Hartford Investment Management Co | 26,732 | $2.36M | 0.07% | +1,603+6.4% | Added |
| Steward Partners Investment Advisory, LLC | 27,214 | $2.41M | 0.01% | −590−2.1% | Reduced |
| Stance Capital LLC | 27,524 | $2.43M | 0.89% | +23,936+667.1% | Added |
| Concurrent Investment Advisors, LLC | 28,725 | $2.54M | 0.04% | −277−1.0% | Reduced |
| Neville Rodie & Shaw Inc | 28,765 | $2.54M | 0.18% | +8,490+41.9% | Added |
| Flputnam Investment Management Co | 28,955 | $2.56M | 0.04% | +3,281+12.8% | Added |
| Dai-Ichi Life Insurance Company, Ltd | 29,060 | $2.57M | 0.06% | 00.0% | Unchanged |
| United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund | 29,200 | $2.58M | 0.09% | +21,900+300.0% | Added |
| Regions Financial Corp | 29,228 | $2.59M | 0.02% | −990−3.3% | Reduced |
| Meiji Yasuda Asset Management Co Ltd. | 29,364 | $2.60M | 0.12% | −3,600−10.9% | Reduced |
| Pensionmark Financial Group, LLC | 29,494 | $2.61M | 0.05% | −333−1.1% | Reduced |
| Wetherby Asset Management Inc | 29,920 | $2.65M | 0.11% | +2,618+9.6% | Added |
| Shell Asset Management Co | 29,932 | $2.65M | 0.27% | −16,833−36.0% | Reduced |
| Sax Wealth Advisors, LLC | 29,977 | $2.65M | 0.14% | +50.0% | Added |
| RBF Capital, LLC | 30,000 | $2.65M | 0.12% | 00.0% | Unchanged |
| Brevan Howard Capital Management LP | 30,248 | $2.68M | 0.04% | −141,810−82.4% | Reduced |
| BDF-Gestion | 30,295 | $2.68M | 0.32% | −1,677−5.2% | Reduced |
| Texas Yale Capital Corp. | 30,378 | $2.69M | 0.08% | +1,790+6.3% | Added |
| Greenwich Wealth Management LLC | 30,400 | $2.69M | 0.13% | +315+1.0% | Added |
| QRG Capital Management, Inc. | 30,417 | $2.69M | 0.03% | −29,087−48.9% | Reduced |
| Avanza Fonder AB | 30,805 | $2.72M | 0.07% | 00.0% | Unchanged |
| Prosperity Consulting Group, LLC | 31,046 | $2.75M | 0.14% | −3,339−9.7% | Reduced |
| Aquatic Capital Management LLC | 31,458 | $2.78M | 0.05% | −72,252−69.7% | Reduced |
| Walleye Trading LLC | 31,572 | $2.79M | 0.04% | +11,033+53.7% | Added |
| Applied Capital LLC | 31,717 | $2.81M | 2.01% | 00.0% | Unchanged |
| Promethium Advisors,llc | 32,268 | $2.85M | 1.64% | +866+2.8% | Added |
| Empowered Funds, LLC | 32,534 | $2.88M | 0.03% | +18,270+128.1% | Added |
| Federated Hermes, Inc. | 32,584 | $2.88M | 0.01% | +4,444+15.8% | Added |
| Parkwood LLC | 32,600 | $2.88M | 0.28% | 00.0% | Unchanged |
| Fairbanks Capital Management, Inc. | 32,817 | $2.90M | 1.57% | −179−0.5% | Reduced |
| Burling Wealth Partners, LLC | 33,065 | $2.92M | 0.48% | +7,406+28.9% | Added |
| Ascent Group, LLC | 33,442 | $2.96M | 0.10% | −15,367−31.5% | Reduced |
| Captrust Financial Advisors | 33,673 | $2.98M | 0.01% | +7,693+29.6% | Added |
| Guardian Partners Inc. | 34,975 | $3.04M | 0.26% | −5,350−13.3% | Reduced |
| Ostrum Asset Management | 34,527 | $3.05M | 0.14% | −3,602−9.4% | Reduced |
| Oak Thistle LLC | 34,558 | $3.06M | 0.47% | +34,558 | New |
| First American Bank | 34,949 | $3.09M | 0.19% | +503+1.5% | Added |
| Metis Global Partners, LLC | 34,995 | $3.10M | 0.07% | −609−1.7% | Reduced |
| Mizuho Securities USA LLC | 33,015 | $3.11M | 0.06% | +4,442+15.5% | Added |
| Paralel Advisors LLC | 35,264 | $3.12M | 0.12% | +46+0.1% | Added |
| Vinva Investment Management Ltd | 35,431 | $3.14M | 0.06% | +9,308+35.6% | Added |
| Generali Asset Management SPA SGR | 35,942 | $3.18M | 0.07% | +3,562+11.0% | Added |
| Pacer Advisors, Inc. | 36,505 | $3.23M | 0.01% | −1,040−2.8% | Reduced |
| Vident Advisory, LLC | 36,869 | $3.26M | 0.03% | +25,231+216.8% | Added |
| GWM Advisors LLC | 37,420 | $3.31M | 0.02% | +386+1.0% | Added |
| Graphene Investments SAS | 37,500 | $3.32M | 2.10% | +37,500 | New |
| Gold Investment Management Ltd. | 38,160 | $3.38M | 1.13% | +652+1.7% | Added |
| Wealthfront Advisers LLC | 38,288 | $3.39M | 0.01% | +10,314+36.9% | Added |
| XTX Topco Ltd | 38,587 | $3.41M | 0.18% | +38,587 | New |
| Crossmark Global Holdings, Inc. | 39,502 | $3.49M | 0.05% | −2,391−5.7% | Reduced |
| Motley Fool Asset Management LLC | 39,611 | $3.50M | 0.14% | +10,009+33.8% | Added |
| Penobscot Investment Management Company, Inc. | 40,273 | $3.56M | 0.27% | 00.0% | Unchanged |
| Campbell & CO Investment Adviser LLC | 40,941 | $3.62M | 0.27% | +40,941 | New |
| First Washington CORP | 40,968 | $3.62M | 0.97% | 00.0% | Unchanged |
| Bensler, LLC | 41,334 | $3.66M | 0.38% | −635−1.5% | Reduced |
| GAM Holding AG | 42,413 | $3.75M | 0.23% | +65+0.2% | Added |