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 |
|---|---|---|---|---|---|
| Stance Capital LLC | 27,524 | $2.43M | 0.89% | +23,936+667.1% | Added |
| Steward Partners Investment Advisory, LLC | 27,214 | $2.41M | 0.01% | −590−2.1% | Reduced |
| Hartford Investment Management Co | 26,732 | $2.36M | 0.07% | +1,603+6.4% | Added |
| Lecap Asset Management Ltd | 26,510 | $2.34M | 0.82% | +1,037+4.1% | Added |
| Kovitz Investment Group Partners, LLC | 26,508 | $2.34M | 0.01% | +1,416+5.6% | Added |
| Norinchukin Bank, The | 26,207 | $2.32M | 0.03% | +2,949+12.7% | Added |
| J. Safra Sarasin Holding AG | 26,178 | $2.32M | 0.04% | +4,387+20.1% | Added |
| Ameritas Investment Partners, Inc. | 26,165 | $2.31M | 0.07% | −1,518−5.5% | Reduced |
| Anfield Capital Management, LLC | 26,140 | $2.31M | 0.68% | +26,140 | New |
| Leavell Investment Management, Inc. | 26,135 | $2.31M | 0.10% | −21−0.1% | Reduced |
| Otter Creek Advisors, LLC | 26,091 | $2.31M | 2.29% | −5,633−17.8% | Reduced |
| Aigen Investment Management, LP | 26,011 | $2.30M | 0.36% | −5,040−16.2% | Reduced |
| Kentucky Retirement Systems | 25,892 | $2.29M | 0.06% | −500−1.9% | Reduced |
| CIBC World Markets Inc. | 25,447 | $2.25M | 0.00% | +15,739+162.1% | Added |
| Banco Bilbao Vizcaya Argentaria, S.A. | 25,190 | $2.23M | 0.02% | +1,711+7.3% | Added |
| Adviser Investments LLC | 24,952 | $2.21M | 0.03% | +2,226+9.8% | Added |
| Machina Capital S.A.S. | 24,730 | $2.19M | 0.38% | −5,490−18.2% | Reduced |
| Fiduciary Alliance LLC | 24,572 | $2.17M | 0.15% | −440−1.8% | Reduced |
| Banque Cantonale Vaudoise | 24,357 | $2.15M | 0.08% | −700−2.8% | Reduced |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | 24,256 | $2.15M | 0.04% | +2,578+11.9% | Added |
| Gardner Lewis Asset Management L P | 24,080 | $2.13M | 0.56% | 00.0% | Unchanged |
| Louisiana State Employees Retirement System | 23,800 | $2.11M | 0.04% | +2,000+9.2% | Added |
| Huntington National Bank | 23,575 | $2.09M | 0.01% | +1,331+6.0% | Added |
| Shelton Capital Management | 23,240 | $2.06M | 0.04% | +20,896+891.5% | Added |
| Prime Capital Investment Advisors, LLC | 23,198 | $2.05M | 0.03% | −1,547−6.3% | Reduced |
| Pittenger & Anderson Inc | 22,639 | $2.00M | 0.07% | −150−0.7% | Reduced |
| Illinois Municipal Retirement Fund | 22,151 | $1.96M | 0.03% | −481−2.1% | Reduced |
| Simplex Trading, LLC | 22,041 | $1.95M | 0.04% | +22,041 | New |
| Securian Asset Management, Inc | 21,891 | $1.94M | 0.05% | +331+1.5% | Added |
| First Horizon Corp | 21,734 | $1.92M | 0.09% | +21,734 | New |
| Gulf International Bank (UK) Ltd | 21,682 | $1.92M | 0.06% | −365−1.7% | Reduced |
| MAI Capital Management | 21,501 | $1.90M | 0.01% | −37−0.2% | Reduced |
| Dark Forest Capital Management LP | 21,467 | $1.90M | 0.07% | −30,691−58.8% | Reduced |
| ING Groep NV | 21,228 | $1.88M | 0.01% | +1,237+6.2% | Added |
| Westover Capital Advisors, LLC | 21,023 | $1.86M | 0.34% | −39−0.2% | Reduced |
| Envestnet Portfolio Solutions, Inc. | 20,957 | $1.85M | 0.01% | −4,287−17.0% | Reduced |
| Parallax Volatility Advisers, L.P. | 20,788 | $1.84M | 0.05% | +19,037+1,087.2% | Added |
| Maryland State Retirement & Pension System | 20,566 | $1.82M | 0.04% | +522+2.6% | Added |
| Vontobel Holding Ltd. | 20,555 | $1.82M | 0.01% | −2,165−9.5% | Reduced |
| Heritage Family Offices, LLP | 20,551 | $1.82M | 0.85% | +5,775+39.1% | Added |
| Dynamic Technology Lab Private Ltd | 20,548 | $1.82M | 0.31% | +20,548 | New |
| Colony Group, LLC | 20,534 | $1.82M | 0.00% | +6,946+51.1% | Added |
| Allspring Global Investments Holdings, LLC | 20,875 | $1.81M | 0.00% | +1,997+10.6% | Added |
| Roman Butler Fullerton & Co | 21,088 | $1.80M | 0.48% | −15−0.1% | Reduced |
| R Squared Ltd | 20,328 | $1.80M | 0.77% | +14,660+258.6% | Added |
| Investment Management Corp of Ontario | 20,261 | $1.79M | 0.03% | +9,726+92.3% | Added |
| Diversify Advisory Services, LLC | 20,696 | $1.79M | 0.06% | −8,638−29.4% | Reduced |
| Magnetar Financial LLC | 19,827 | $1.75M | 0.01% | +19,827 | New |
| E. Ohman J:or Asset Management AB | 19,322 | $1.71M | 0.04% | 00.0% | Unchanged |
| Portfolio Design Labs, LLC | 19,277 | $1.71M | 0.29% | −18,024−48.3% | Reduced |
| New Mexico Educational Retirement Board | 18,684 | $1.65M | 0.05% | −700−3.6% | Reduced |
| Qsemble Capital Management, LP | 18,603 | $1.65M | 0.16% | −56,189−75.1% | Reduced |
| Ballentine Partners, LLC | 18,545 | $1.64M | 0.02% | +1,298+7.5% | Added |
| Fox Run Management, L.L.C. | 18,419 | $1.63M | 0.25% | +12,950+236.8% | Added |
| Evelyn Partners Investment Management (Europe) Ltd | 18,197 | $1.61M | 0.56% | +770+4.4% | Added |
| Legacy Bridge, LLC | 18,080 | $1.60M | 0.67% | +20+0.1% | Added |
| Jain Global LLC | 17,920 | $1.59M | 0.02% | +1,316+7.9% | Added |
| Waterfront Wealth Inc. | 17,995 | $1.58M | 0.32% | +39+0.2% | Added |
| Tealwood Asset Management Inc | 17,548 | $1.55M | 0.63% | −692−3.8% | Reduced |
| Thompson Siegel & Walmsley LLC | 17,500 | $1.55M | 0.03% | 00.0% | Unchanged |
| AG2R la Mondiale Gestion D'Actifs | 17,221 | $1.54M | 0.08% | 00.0% | Unchanged |
| Flagship Harbor Advisors, LLC | 17,036 | $1.51M | 0.07% | −326−1.9% | Reduced |
| IPG Investment Advisors LLC | 17,003 | $1.50M | 0.27% | +17,003 | New |
| Helios Capital Management Pte. Ltd | 16,950 | $1.50M | 1.02% | 00.0% | Unchanged |
| GAMMA Investing LLC | 16,935 | $1.50M | 0.08% | +1,493+9.7% | Added |
| Paradigm Asset Management Co LLC | 16,900 | $1.49M | 0.34% | 00.0% | Unchanged |
| Clarus Wealth Advisors | 16,995 | $1.49M | 0.66% | +2,297+15.6% | Added |
| iA Global Asset Management Inc. | 16,787 | $1.49M | 0.02% | +16,787 | New |
| Wiley Bros.-Aintree Capital, LLC | 16,512 | $1.46M | 0.01% | +2,615+18.8% | Added |
| Mount Lucas Management LP | 16,287 | $1.44M | 0.65% | +501+3.2% | Added |
| Allstate Corp | 16,035 | $1.42M | 0.03% | +16,035 | New |
| Everence Capital Management Inc | 16,010 | $1.42M | 0.08% | 00.0% | Unchanged |
| Summit Trail Advisors, LLC | 16,006 | $1.42M | 0.02% | +12,379+341.3% | Added |
| G&S Capital LLC | 15,901 | $1.41M | 0.52% | −416−2.5% | Reduced |
| Oppenheimer & Co Inc | 15,691 | $1.39M | 0.02% | +7,917+101.8% | Added |
| Capstone Investment Advisors, LLC | 15,476 | $1.37M | 0.01% | −84,524−84.5% | Reduced |
| Ramirez Asset Management, Inc. | 15,451 | $1.37M | 0.19% | 00.0% | Unchanged |
| Ossiam | 15,379 | $1.36M | 0.02% | −4,393−22.2% | Reduced |
| Legato Capital Management LLC | 15,315 | $1.35M | 0.15% | 00.0% | Unchanged |
| Mission Wealth Management, LP | 15,248 | $1.35M | 0.03% | −509−3.2% | Reduced |
| Bryn Mawr Trust Co | 15,081 | $1.33M | 0.03% | −1,458−8.8% | Reduced |
| Compass Capital Corp | 15,168 | $1.33M | 0.58% | −827−5.2% | Reduced |
| Canada Post Corp Registered Pension Plan | 15,027 | $1.33M | 0.06% | +4,950+49.1% | Added |
| Tokio Marine Asset Management Co Ltd | 15,040 | $1.33M | 0.05% | +1,040+7.4% | Added |
| Hunter Associates Investment Management LLC | 14,997 | $1.33M | 0.18% | 00.0% | Unchanged |
| TKG Advisors, LLC | 15,014 | $1.33M | 0.57% | +253+1.7% | Added |
| Greenleaf Trust | 14,958 | $1.32M | 0.01% | −203−1.3% | Reduced |
| NorthRock Partners, LLC | 14,767 | $1.31M | 0.02% | +7,060+91.6% | Added |
| Northwestern Mutual Investment Management Company, LLC | 14,447 | $1.28M | 0.02% | +1,260+9.6% | Added |
| Capital Fund Management S.A. | 14,209 | $1.26M | 0.01% | −11,425−44.6% | Reduced |
| Farther Finance Advisors, LLC | 14,117 | $1.25M | 0.02% | +2,123+17.7% | Added |
| Quadrant Capital Group LLC | 14,032 | $1.24M | 0.04% | +87+0.6% | Added |
| Martingale Asset Management L P | 13,912 | $1.23M | 0.03% | +13,912 | New |
| Copeland Capital Management, LLC | 13,910 | $1.23M | 0.03% | −553−3.8% | Reduced |
| Clark Capital Management Group, Inc. | 13,908 | $1.23M | 0.01% | +13,908 | New |
| Alyeska Investment Group, L.P. | 13,771 | $1.22M | 0.00% | +13,771 | New |
| Merit Financial Group, LLC | 13,645 | $1.21M | 0.01% | +5,422+65.9% | Added |
| Martin Capital Advisors, LLP | 13,580 | $1.20M | 0.73% | +48+0.4% | Added |
| Ci Investments Inc. | 13,404 | $1.19M | 0.00% | −423−3.1% | Reduced |
| Kensington Investment Counsel, LLC | 13,350 | $1.18M | 0.48% | −1,191−8.2% | Reduced |