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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 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.

Q4 2025 vs. Q3 2025

How the institutions holding Nasdaq, Inc. changed between Q3 2025 and Q4 2025.

All holders in Q4 2025All holders in Q3 2025

13F holders of NDAQ: Q3 2025 compared with Q4 2025
MeasureQ3 2025Of which not filed for Q4 2025Q4 2025Change
Holders1,047211,104+78
Shares475.0M1.48M480.5M+6.96M (+1.5%)
Value$42.0B$130.7M$46.7B+$4.80B (+11.5%)

21 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so the changes leave them out.

New holders (169)

Institutions that held Nasdaq, Inc. at the end of Q4 2025 but not at the end of Q3 2025.

Showing the largest 100 of 169 by value.

Institutions new to NDAQ in Q4 2025
InstitutionSharesValue% of portfolio
Norges Bank5,457,639$530.1M0.06%
Winslow Capital Management, LLC2,568,537$250.5M0.84%
Gillson Capital LP589,384$57.2M3.75%
MKP Capital Management, L.L.C.350,000$34.0M1.21%
Pinebridge Investments LLC200,810$19.5M0.14%
Nomura Asset Management International Inc.189,617$18.4M0.03%
Glenmede Trust Co NA142,174$13.8M0.07%
Zurich Insurance Group Ltd116,129$11.3M0.08%
PensionDanmark Pensionsforsikringsaktieselskab112,536$10.9M0.10%
HRT Financial LP84,846$8.24M0.03%
ExodusPoint Capital Management, LP67,139$6.52M0.07%
Indivisible Partners66,374$6.45M0.70%
CIBC World Markets Corp63,025$6.12M0.03%
Dockside LLC55,739$5.41M1.39%
Eurizon Capital SGR S.p.A.54,694$5.32M0.02%
Castlefield Investment Partners LLP53,342$5.18M4.00%
Advisors Preferred, LLC50,407$4.87M0.80%
Vista Investment Partners LLC49,872$4.84M1.27%
Osmosis Investment Management UK Ltd48,970$4.76M0.12%
Elevatus Welath Management40,306$3.91M1.07%
Generali Investments CEE, investicni spolecnost, a.s.39,611$3.85M0.27%
Kera Capital Partners, Inc.37,906$3.67M0.45%
EFG International AG36,281$3.52M0.07%
Laird Norton Trust Company, LLC36,250$3.52M0.07%
Lombard Odier Asset Management (Europe) Ltd36,000$3.50M0.18%
Vista Investment Partners II, LLC31,805$3.09M1.33%
Lighthouse Financial Services Inc28,096$2.73M0.63%
Arete Wealth Advisors, LLC26,450$2.57M0.18%
Campbell Capital Management Inc24,500$2.38M0.81%
Simmons Bank23,106$2.24M0.15%
VCI Wealth Management LLC22,992$2.23M0.62%
Virtus Investment Advisers, Inc.21,685$2.11M0.57%
Blue Jean Financial LLC19,609$1.90M1.55%
Arwa LLC18,470$1.79M1.05%
Abn Amro Investment Solutions18,177$1.77M0.03%
Foyston, Gordon, & Payne Inc17,918$1.74M0.38%
Polymer Capital Management (US) LLC15,576$1.51M0.20%
IKE Capital, LLC15,222$1.48M1.29%
WCG Wealth Advisors LLC14,850$1.44M0.04%
Aso Group Ltd14,808$1.44M0.56%
Landscape Capital Management, L.L.C.14,333$1.39M0.09%
North Dakota State Investment Board14,106$1.37M0.05%
Picton Mahoney Asset Management13,531$1.31M0.01%
Dividend Assets Capital, LLC12,934$1.26M0.24%
AlphaCore Capital LLC12,815$1.24M0.03%
Farringdon Capital, Ltd.11,401$1.11M0.27%
Belpointe Asset Management LLC11,050$1.07M0.04%
Fortis Capital Advisors, LLC11,050$1.07M0.16%
Urban Wealth Management, LLC11,046$1.07M1.00%
AlphaGrep UK Ltd10,601$1.03M0.34%
Volterra Technologies LP9,946$966.1K0.99%
TritonPoint Partners, LLC8,698$844.8K0.45%
SIH Partners, LLLP8,373$813.3K0.05%
Beverly Hills Private Wealth, LLC8,201$796.6K0.14%
EJMK Ventures LLC8,061$783.0K0.48%
Abacus Wealth Partners, LLC7,918$769.1K0.08%
Kepler Cheuvreux (Suisse) SA7,703$748.2K0.04%
Pinnacle Financial Partners, Inc.7,100$689.7K0.01%
Custom Index Systems, LLC7,021$682.0K0.30%
Applied Finance Capital Management, LLC6,598$640.9K0.05%
Evolve Private Wealth, LLC6,207$602.9K0.04%
Shay Capital LLC6,050$587.6K0.09%
Whalen Wealth Management Inc.6,031$585.8K0.31%
TCW Group Inc5,859$569.1K0.00%
Tyche Wealth Partners LLC5,679$551.6K0.09%
Bridgelight Financial Advisors, Inc.5,526$536.7K0.46%
Wealth Alliance5,497$533.9K0.05%
Wellspring Financial Advisors, LLC5,135$498.8K0.04%
NewEdge Wealth, LLC4,913$477.2K0.01%
Sivia Capital Partners, LLC4,616$448.4K0.09%
Marble Wealth, LLC4,540$441.0K0.06%
Expressive Wealth LLC4,495$436.6K0.47%
Index Technologies Group LLC4,313$418.9K0.44%
WBI Investments3,693$358.7K0.09%
Aprio Wealth Management, LLC3,451$358.1K0.02%
OneAscent Financial Services LLC3,516$341.5K0.03%
nVerses Capital, LLC3,449$335.0K0.75%
AlTi Global, Inc.3,310$321.5K0.01%
Larry Mathis Financial Planning, LLC3,265$317.1K0.28%
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.3,232$313.9K0.49%
Pinnacle Associates Ltd3,187$309.6K0.00%
Pinnacle Wealth Management Advisory Group, LLC3,175$308.4K0.02%
Frec Markets, Inc.3,119$303.0K0.09%
Pines Wealth Management, LLC3,093$300.4K0.10%
Sentinus, LLC3,023$293.7K0.03%
Options Solutions, LLC3,000$291.4K0.21%
Victrix Investment Advisors2,900$281.7K0.11%
Waterloo Capital, L.P.2,834$275.3K0.02%
VARCOV Co.2,681$260.4K0.10%
Stonebridge Financial Group, LLC2,476$240.5K0.21%
AlphaCentric Advisors LLC2,458$238.7K0.24%
Hibernia Wealth Partners, LLC2,437$236.7K0.07%
Independent Wealth Network Inc.2,347$228.0K0.07%
Cooper Financial Group2,328$226.1K0.02%
SmartHarvest Portfolios, LLC2,307$224.1K0.08%
Jacobi Capital Management LLC2,292$222.6K0.01%
Turtle Creek Wealth Advisors, LLC2,268$220.3K0.02%
Alteri Wealth LLC2,263$219.8K0.07%
Retirement Planning Group2,259$219.4K0.01%
Thurston, Springer, Miller, Herd & Titak, Inc.2,235$217.1K0.08%

Sold out (91)

Institutions that held Nasdaq, Inc. at the end of Q3 2025 and filed for Q4 2025 without it.

Institutions that sold out of NDAQ in Q4 2025
InstitutionShares, Q3 2025Value, Q3 2025
Diamond Hill Capital Management Inc898,678$79.5M
Renaissance Technologies LLC778,300$68.8M
Twinbeech Capital LP281,235$24.9M
Ghisallo Capital Management LLC250,000$22.1M
Capitolis Liquid Global Markets LLC244,152$21.6M
Marshall Wace, LLP185,914$16.4M
Cinctive Capital Management LP77,579$6.86M
Acadian Asset Management LLC72,148$6.38M
Lynwood Price Capital Management LP60,000$5.31M
Quantbot Technologies LP52,273$4.62M
Sciencast Management LP49,873$4.41M
Campbell & CO Investment Adviser LLC40,941$3.62M
XTX Topco Ltd38,587$3.41M
Oak Thistle LLC34,558$3.06M
Parkwood LLC32,600$2.88M
Empowered Funds, LLC32,534$2.88M
Aquatic Capital Management LLC31,458$2.78M
Brevan Howard Capital Management LP30,248$2.68M
Stance Capital LLC27,524$2.43M
Lecap Asset Management Ltd26,510$2.34M
J. Safra Sarasin Holding AG26,178$2.32M
Aigen Investment Management, LP26,011$2.30M
Dynamic Technology Lab Private Ltd20,548$1.82M
Magnetar Financial LLC19,827$1.75M
Qsemble Capital Management, LP18,603$1.65M
Jain Global LLC17,920$1.59M
Thompson Siegel & Walmsley LLC17,500$1.55M
IPG Investment Advisors LLC17,003$1.50M
iA Global Asset Management Inc.16,787$1.49M
Capstone Investment Advisors, LLC15,476$1.37M
Ossiam15,379$1.36M
Capital Fund Management S.A.14,209$1.26M
Alyeska Investment Group, L.P.13,771$1.22M
Ci Investments Inc.13,404$1.19M
Fieldview Capital Management, LLC11,582$1.02M
Boothbay Fund Management, LLC11,479$1.02M
Bellwether Advisors, LLC10,824$957.4K
USA Financial Portformulas Corp10,665$943.3K
Brighton Jones LLC10,331$913.8K
Integrated Quantitative Investments LLC9,860$872.1K
Sherbrooke Park Advisers LLC9,380$829.7K
Insight Wealth Partners, LLC6,999$619.1K
Sienna Gestion7,086$571.4K
Stevens Capital Management LP6,138$543.0K
CenterBook Partners LP5,866$518.8K
Element Capital Management LLC5,636$498.5K
Glenview Trust Co5,229$462.5K
Meiji Yasuda Life Insurance Co5,198$459.8K
Pitcairn Co4,943$437.2K
Atom Investors LP4,497$397.8K
PEAK6 LLC4,034$356.8K
Wakefield Asset Management LLLP3,603$318.7K
MQS Management LLC3,476$307.5K
Brookwood Investment Group LLC3,462$306.2K
Redhawk Wealth Advisors, Inc.3,190$282.1K
Caxton Associates LLP3,094$273.7K
CAPROCK Group, Inc.2,844$269.4K
Summit Wealth Group LLC4,670$268.3K
EntryPoint Capital, LLC2,946$260.6K
Virtu Financial LLC2,822$250.0K
111 Capital2,739$242.3K
One Degree Advisors Inc2,724$240.0K
Petrus Trust Company, LTA2,711$239.8K
Miracle Mile Advisors, LLC2,498$221.0K
State of Wyoming2,097$185.5K
Compagnie Lombard Odier SCmA1,108$98.0K
Avalon Trust Co1,100$97.3K
Aster Capital Management (DIFC) Ltd1,065$94.2K
TruNorth Capital Management, LLC900$79.6K
Ameritas Advisory Services, LLC589$52.1K
Hilltop National Bank436$38.6K
Salem Investment Counselors Inc411$36.4K
West Branch Capital LLC323$28.6K
Rise Advisors, LLC266$23.5K
Reyes Financial Architecture, Inc.264$23.4K
JPL Wealth Management, LLC225$19.9K
Archer Investment Corp156$13.8K
Pathway Financial Advisers, LLC151$13.3K
Tortoise Investment Management, LLC127$11.3K
Marshall & Sterling Wealth Advisors Inc.103$9.11K
Palisade Asset Management, LLC67$5.93K
Trifecta Capital Advisors, LLC66$5.84K
Cloud Capital Management, LLC60$5.00K
Heartwood Wealth Advisors LLC41$3.63K
Painted Porch Advisors LLC41$3.63K
Advanced Portfolio Management, LLC28$2.48K
Beaird Harris Wealth Management, LLC14$1.24K
Strengthening Families & Communities, LLC11$1.01K
Atlantic Trust, LLC9$797
Hurley Capital, LLC5$442
GPS Wealth Strategies Group, LLC5$442

Not filed for Q4 2025 yet (21)

Institutions that held Nasdaq, Inc. at the end of Q3 2025 and haven't filed a 13F for Q4 2025. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding NDAQ in Q3 2025 that haven't filed for Q4 2025
InstitutionShares, Q3 2025Value, Q3 2025
Cubist Systematic Strategies, LLC497,093$44.0M
Pinebridge Investments, L.P.197,905$17.5M
Point72 Europe (London) LLP173,600$15.4M
Glenmede Investment Management, LP146,805$13.0M
AXA Investment Managers S.A.102,121$9.03M
Thematics Asset Management95,567$8.45M
Point72 (DIFC) Ltd70,660$6.25M
CIBC Bancorp USA Inc.61,725$5.46M
Shell Asset Management Co29,932$2.65M
Wetherby Asset Management Inc29,920$2.65M
Otter Creek Advisors, LLC26,091$2.31M
SPC Financial, Inc.11,674$1.03M
Wolverine Trading, LLC9,856$874.3K
Point72 Hong Kong Ltd9,860$872.1K
Ridgewood Investments LLC5,049$446.6K
Synovus Financial Corp3,929$347.5K
Full Sail Capital, LLC2,799$247.6K
Gries Financial LLC2,271$200.9K
Hemington Wealth Management356$31.0K
AllSquare Wealth Management LLC276$24.4K
Texas Capital Bancshares Inc12$1.06K