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 |
|---|---|---|---|---|---|
| Jones Financial Companies LLLP | 88,989 | $7.79M | 0.01% | +18,979+27.1% | Added |
| Snowden Capital Advisors LLC | 88,794 | $7.85M | 0.21% | +1,324+1.5% | Added |
| Round Hill Asset Management | 88,827 | $7.86M | 5.17% | −480−0.5% | Reduced |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 88,915 | $7.87M | 0.07% | −3,400−3.7% | Reduced |
| ProShare Advisors LLC | 91,355 | $8.08M | 0.02% | −102−0.1% | Reduced |
| Payden & Rygel | 91,900 | $8.13M | 0.69% | −39,100−29.8% | Reduced |
| Worldquant Millennium Advisors LLC | 92,861 | $8.21M | 0.04% | −630,165−87.2% | Reduced |
| Creative Planning | 93,117 | $8.24M | 0.01% | +20,021+27.4% | Added |
| IFM Investors Pty Ltd | 94,545 | $8.27M | 0.07% | +296+0.3% | Added |
| Verition Fund Management LLC | 94,550 | $8.36M | 0.05% | −151,600−61.6% | Reduced |
| Nicholas Company, Inc. | 94,940 | $8.40M | 0.14% | −9,535−9.1% | Reduced |
| Forsta Ap-Fonden | 95,000 | $8.40M | 0.05% | +5,900+6.6% | Added |
| Thematics Asset Management | 95,567 | $8.45M | 0.38% | −4,511−4.5% | Reduced |
| Headlands Technologies LLC | 96,652 | $8.55M | 0.68% | +50,345+108.7% | Added |
| Retirement Systems of Alabama | 96,697 | $8.55M | 0.03% | +7,997+9.0% | Added |
| Aperture Investors, LLC | 97,337 | $8.61M | 1.20% | −39,641−28.9% | Reduced |
| Public Sector Pension Investment Board | 97,781 | $8.65M | 0.03% | +12,634+14.8% | Added |
| Prudential PLC | 98,178 | $8.68M | 0.06% | −20,009−16.9% | Reduced |
| Hikari Power Ltd | 100,500 | $8.89M | 0.72% | 00.0% | Unchanged |
| AXA Investment Managers S.A. | 102,121 | $9.03M | 0.02% | +102,121 | New |
| Commonwealth Equity Services, LLC | 104,248 | $9.22M | 0.01% | +229+0.2% | Added |
| Banco Santander, S.A. | 104,560 | $9.25M | 0.08% | 00.0% | Unchanged |
| Ethic Inc. | 105,835 | $9.36M | 0.15% | +8,183+8.4% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 108,853 | $9.63M | 0.05% | +7,472+7.4% | Added |
| DekaBank Deutsche Girozentrale | 110,422 | $9.76M | 0.02% | 00.0% | Unchanged |
| MetLife Investment Management | 111,786 | $9.89M | 0.05% | +6,478+6.2% | Added |
| Quantinno Capital Management LP | 112,046 | $9.91M | 0.03% | +38,448+52.2% | Added |
| Voleon Capital Management LP | 114,734 | $10.1M | 0.25% | +70,091+157.0% | Added |
| Czech National Bank | 115,128 | $10.2M | 0.07% | +14,087+13.9% | Added |
| Assetmark, Inc | 115,995 | $10.3M | 0.02% | +5,110+4.6% | Added |
| Schroder Investment Management Group | 116,786 | $10.4M | 0.01% | −104−0.1% | Reduced |
| TD Waterhouse Canada Inc. | 120,072 | $10.5M | 0.07% | +4,834+4.2% | Added |
| Ofi Invest Asset Management | 141,609 | $10.7M | 0.22% | +110+0.1% | Added |
| Nisa Investment Advisors, LLC | 120,533 | $10.7M | 0.04% | −10,971−8.3% | Reduced |
| State of Michigan Retirement System | 122,590 | $10.8M | 0.05% | +10,200+9.1% | Added |
| Cumberland Partners Ltd | 123,003 | $10.9M | 0.71% | −37,527−23.4% | Reduced |
| Cullen/Frost Bankers, Inc. | 125,027 | $11.1M | 0.13% | −7,750−5.8% | Reduced |
| Arizona State Retirement System | 127,235 | $11.3M | 0.06% | +1,157+0.9% | Added |
| Schonfeld Strategic Advisors LLC | 129,825 | $11.5M | 0.08% | −211,280−61.9% | Reduced |
| State of Tennessee, Treasury Department | 132,462 | $11.7M | 0.04% | 00.0% | Unchanged |
| FourThought Financial Partners, LLC | 132,652 | $11.7M | 1.03% | +1,301+1.0% | Added |
| ABN AMRO Bank N.V. | 133,155 | $11.8M | 0.12% | +133,155 | New |
| AMJ Financial Wealth Management | 134,095 | $11.9M | 2.87% | −3,710−2.7% | Reduced |
| KBC Group NV | 136,869 | $12.1M | 0.03% | +9,611+7.6% | Added |
| CIBC Asset Management Inc | 137,240 | $12.1M | 0.04% | +1,374+1.0% | Added |
| Public Employees Retirement System of Ohio | 138,801 | $12.3M | 0.04% | +10,762+8.4% | Added |
| Vancity Investment Management Ltd | 140,581 | $12.4M | 1.65% | +140,581 | New |
| Resona Asset Management Co.,Ltd. | 141,204 | $12.5M | 0.06% | −6,488−4.4% | Reduced |
| Teachers Retirement System of the State of Kentucky | 142,265 | $12.6M | 0.10% | 00.0% | Unchanged |
| Ieq Capital, LLC | 142,533 | $12.6M | 0.04% | +41,110+40.5% | Added |
| Lansforsakringar Fondforvaltning AB (publ) | 143,363 | $12.7M | 0.07% | +8,647+6.4% | Added |
| Glenmede Investment Management, LP | 146,805 | $13.0M | 0.06% | −1,783−1.2% | Reduced |
| State of New Jersey Common Pension Fund D | 147,563 | $13.1M | 0.05% | +12,336+9.1% | Added |
| Janus Henderson Group PLC | 148,180 | $13.1M | 0.01% | +66,753+82.0% | Added |
| Cerity Partners LLC | 149,604 | $13.2M | 0.02% | +17,796+13.5% | Added |
| Rafferty Asset Management, LLC | 150,867 | $13.3M | 0.04% | +13,426+9.8% | Added |
| Swiss Life Asset Management Ltd | 150,898 | $13.3M | 0.07% | +59,248+64.6% | Added |
| TD Asset Management Inc | 154,018 | $13.6M | 0.01% | +4,792+3.2% | Added |
| Andra AP-fonden | 156,300 | $13.8M | 0.18% | +78,300+100.4% | Added |
| Raub Brock Capital Management LP | 156,764 | $13.9M | 2.98% | −1,304−0.8% | Reduced |
| Cary Street Partners Financial LLC | 156,792 | $13.9M | 0.36% | −3,755−2.3% | Reduced |
| First Fiduciary Investment Counsel, Inc. | 157,171 | $13.9M | 2.71% | −3,821−2.4% | Reduced |
| Natixis | 159,623 | $14.1M | 0.08% | +73,859+86.1% | Added |
| Mn Services Vermogensbeheer B.V. | 163,200 | $14.4M | 0.09% | +1,900+1.2% | Added |
| Nomura Asset Management Co Ltd | 163,796 | $14.5M | 0.04% | +661+0.4% | Added |
| Comerica Bank | 163,860 | $14.5M | 0.05% | +4,532+2.8% | Added |
| Mercer Global Advisors Inc | 165,022 | $14.6M | 0.02% | +97,148+143.1% | Added |
| Baird Financial Group, Inc. | 166,959 | $14.8M | 0.02% | −3,136−1.8% | Reduced |
| GHP Investment Advisors, Inc. | 167,862 | $14.8M | 0.62% | +8,719+5.5% | Added |
| Daiwa Securities Group Inc. | 171,025 | $15.1M | 0.05% | +31,766+22.8% | Added |
| Varma Mutual Pension Insurance Co | 172,876 | $15.3M | 0.10% | +31,100+21.9% | Added |
| Point72 Europe (London) LLP | 173,600 | $15.4M | 0.83% | +63,100+57.1% | Added |
| Ensign Peak Advisors, Inc | 176,091 | $15.6M | 0.03% | −34,905−16.5% | Reduced |
| Cetera Investment Advisers | 178,924 | $15.8M | 0.02% | +121,626+212.3% | Added |
| Treasurer of the State of North Carolina | 185,419 | $16.4M | 0.05% | −7,226−3.8% | Reduced |
| Marshall Wace, LLP | 185,914 | $16.4M | 0.02% | +88,091+90.1% | Added |
| Allianz Asset Management GmbH | 187,531 | $16.6M | 0.02% | −598−0.3% | Reduced |
| Royal London Asset Management Ltd | 189,285 | $16.7M | 0.04% | −737−0.4% | Reduced |
| Kames Capital plc | 194,200 | $17.2M | 0.20% | +7,558+4.0% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 194,504 | $17.2M | 0.04% | −7,180−3.6% | Reduced |
| Baltimore-Washington Financial Advisors, Inc. | 196,192 | $17.4M | 0.74% | +196,192 | New |
| Asset Management One Co.,Ltd. | 197,777 | $17.5M | 0.05% | +2,521+1.3% | Added |
| Pinebridge Investments, L.P. | 197,905 | $17.5M | 0.13% | +2,746+1.4% | Added |
| Panagora Asset Management Inc | 199,247 | $17.6M | 0.07% | +196,523+7,214.5% | Added |
| Voya Investment Management LLC | 212,892 | $18.8M | 0.02% | −16,828−7.3% | Reduced |
| Polar Asset Management Partners Inc. | 218,264 | $19.3M | 0.39% | +206,564+1,765.5% | Added |
| APG Asset Management N.V. | 257,400 | $19.4M | 0.05% | +24,700+10.6% | Added |
| KLP Kapitalforvaltning AS | 224,684 | $19.9M | 0.08% | −4,400−1.9% | Reduced |
| The PNC Financial Services Group, Inc. | 226,031 | $20.0M | 0.01% | −5,528−2.4% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 228,142 | $20.2M | 0.05% | −176,907−43.7% | Reduced |
| Zacks Investment Management | 228,385 | $20.2M | 0.16% | +114,911+101.3% | Added |
| Victory Capital Management Inc | 238,653 | $21.1M | 0.01% | −2,871−1.2% | Reduced |
| Capitolis Liquid Global Markets LLC | 244,152 | $21.6M | 0.17% | −10,000−3.9% | Reduced |
| Ghisallo Capital Management LLC | 250,000 | $22.1M | 0.72% | −750,000−75.0% | Reduced |
| Macquarie Group Ltd | 262,586 | $23.2M | 0.03% | −24,625−8.6% | Reduced |
| HighTower Advisors, LLC | 263,924 | $23.3M | 0.03% | +11,659+4.6% | Added |
| United Capital Financial Advisers, LLC | 271,051 | $24.0M | 0.17% | −4,039−1.5% | Reduced |
| Capital World Investors | 271,932 | $24.1M | 0.00% | +124,096+83.9% | Added |
| Storebrand Asset Management AS | 273,283 | $24.2M | 0.06% | +10,009+3.8% | Added |
| Hudson Bay Capital Management LP | 275,664 | $24.4M | 0.15% | −361,457−56.7% | Reduced |