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, Q4 2025
Institutional positions in Nasdaq, Inc. as of Dec 31, 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
- 1,104
- +78 vs. Q3 2025
- Shares held
- 480.5M
- +6.96M (+1.5%) vs. Q3 2025
- Total value
- $46.7B
- +$4.80B (+11.5%) vs. Q3 2025
- New holders
- 169
- 432 more added
- Sold out
- 91
- 351 more reduced
21 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Nasdaq, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Benjamin Edwards Inc | 474,906 | $46.1M | 0.51% | −10,045−2.1% | Reduced |
| Alliancebernstein L.P. | 477,102 | $46.3M | 0.01% | +13,535+2.9% | Added |
| Close Asset Management Ltd | 478,016 | $46.4M | 1.03% | −87,848−15.5% | Reduced |
| FIL Ltd | 478,470 | $46.5M | 0.03% | −122,172−20.3% | Reduced |
| Burkehill Global Management, LP | 500,000 | $48.6M | 3.20% | 00.0% | Unchanged |
| Seven Grand Managers, LLC | 500,000 | $48.6M | 3.70% | 00.0% | Unchanged |
| LPL Financial LLC | 516,285 | $50.1M | 0.01% | −39,881−7.2% | Reduced |
| Raiffeisen Bank International AG | 511,176 | $50.2M | 0.65% | +63,215+14.1% | Added |
| Citadel Advisors LLC | 516,718 | $50.2M | 0.03% | −1,568,373−75.2% | Reduced |
| Dundas Partners LLP | 521,726 | $50.7M | 3.57% | −8,557−1.6% | Reduced |
| Point72 Asset Management, L.P. | 522,423 | $50.7M | 0.08% | +466,240+829.9% | Added |
| Trexquant Investment LP | 522,875 | $50.8M | 0.45% | +23,724+4.8% | Added |
| Canada Pension Plan Investment Board | 534,846 | $51.9M | 0.03% | −33,615−5.9% | Reduced |
| Artisan Partners Limited Partnership | 537,103 | $52.2M | 0.08% | −8,954−1.6% | Reduced |
| Shapiro Capital Management LLC | 538,618 | $52.3M | 2.76% | −35,167−6.1% | Reduced |
| First Trust Advisors LP | 553,763 | $53.8M | 0.04% | −112,606−16.9% | Reduced |
| Voloridge Investment Management, LLC | 555,158 | $53.9M | 0.19% | −511,080−47.9% | Reduced |
| Korea Investment CORP | 564,126 | $54.8M | 0.11% | +128,466+29.5% | Added |
| Mackenzie Financial Corp | 577,346 | $56.6M | 0.07% | +145,272+33.6% | Added |
| Panagora Asset Management Inc | 582,464 | $56.6M | 0.20% | +383,217+192.3% | Added |
| Gillson Capital LP | 589,384 | $57.2M | 3.75% | +589,384 | New |
| Vaughan Nelson Investment Management, L.P. | 590,559 | $57.4M | 0.56% | +210,815+55.5% | Added |
| Adage Capital Partners GP, L.L.C. | 593,947 | $57.7M | 0.09% | +4,600+0.8% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 624,836 | $60.9M | 0.10% | +5,119+0.8% | Added |
| Squarepoint Ops LLC | 647,592 | $62.9M | 0.13% | +338,813+109.7% | Added |
| Price T Rowe Associates Inc | 655,305 | $63.6M | 0.01% | −3,650−0.6% | Reduced |
| California State Teachers Retirement System | 672,111 | $65.3M | 0.07% | +40,236+6.4% | Added |
| Munich Reinsurance Co Stock Corp in Munich | 666,027 | $65.4M | 1.59% | +15,661+2.4% | Added |
| National Pension Service | 673,919 | $65.5M | 0.05% | +68,368+11.3% | Added |
| Eventide Asset Management, LLC | 707,048 | $68.8M | 1.07% | +32,406+4.8% | Added |
| STRS Ohio | 709,947 | $69.0M | 0.26% | +102,586+16.9% | Added |
| Natixis Advisors, L.P. | 717,872 | $69.7M | 0.10% | +48,286+7.2% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 729,550 | $70.9M | 0.08% | +343,335+88.9% | Added |
| Stony Point Capital LLC | 735,705 | $71.5M | 5.27% | +18,484+2.6% | Added |
| Blair William & Co | 759,873 | $73.8M | 0.20% | +143,251+23.2% | Added |
| Manning & Napier Advisors LLC | 780,977 | $76.7M | 1.00% | −80,687−9.4% | Reduced |
| Qube Research & Technologies Ltd | 795,592 | $77.3M | 0.11% | −1,363,964−63.2% | Reduced |
| Prana Capital Management, LP | 815,963 | $79.3M | 2.88% | −421,720−34.1% | Reduced |
| Rockefeller Capital Management L.P. | 833,095 | $80.9M | 0.15% | +285,606+52.2% | Added |
| Royal Bank of Canada | 837,412 | $81.3M | 0.01% | +194,763+30.3% | Added |
| Handelsbanken Fonder AB | 868,905 | $84.4M | 0.25% | −169,423−16.3% | Reduced |
| Lazard Asset Management LLC | 877,096 | $85.2M | 0.14% | −385,712−30.5% | Reduced |
| Two Sigma Advisers, LP | 921,900 | $89.5M | 0.17% | −708,200−43.4% | Reduced |
| Prudential Financial Inc | 936,424 | $91.0M | 0.11% | −814,259−46.5% | Reduced |
| Rhumbline Advisers | 937,598 | $91.1M | 0.07% | −5,180−0.5% | Reduced |
| Union Bancaire Privee, UBP SA | 962,068 | $91.3M | 1.52% | −80,326−7.7% | Reduced |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 965,988 | $93.4M | 0.06% | +89,340+10.2% | Added |
| D. E. Shaw & Co., Inc. | 992,589 | $96.4M | 0.07% | −1,187,639−54.5% | Reduced |
| Wells Fargo & Company | 1,013,417 | $98.4M | 0.02% | +88,898+9.6% | Added |
| Chevy Chase Trust Holdings, Inc. | 1,015,091 | $98.6M | 0.27% | −85,576−7.8% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,057,649 | $102.7M | 0.06% | −91,765−8.0% | Reduced |
| BNP Paribas Arbitrage, SA | 1,063,278 | $103.3M | 0.07% | +26,185+2.5% | Added |
| California Public Employees Retirement System | 1,127,685 | $109.5M | 0.06% | −101,882−8.3% | Reduced |
| Flossbach Von Storch AG | 1,147,947 | $111.5M | 0.44% | +21,042+1.9% | Added |
| Man Group plc | 1,191,561 | $115.7M | 0.22% | −477,502−28.6% | Reduced |
| HSBC Holdings PLC | 1,225,879 | $119.3M | 0.07% | −46,079−3.6% | Reduced |
| SEI Investments Co | 1,233,129 | $119.8M | 0.12% | +881,028+250.2% | Added |
| Barclays PLC | 1,245,999 | $121.0M | 0.05% | −1,198,040−49.0% | Reduced |
| Raymond James Financial Inc | 1,270,134 | $123.4M | 0.04% | +37,858+3.1% | Added |
| Robeco Institutional Asset Management B.V. | 1,417,204 | $137.7M | 0.20% | +171,333+13.8% | Added |
| Liontrust Investment Partners LLP | 1,417,767 | $137.7M | 2.04% | −133,958−8.6% | Reduced |
| Two Sigma Investments, LP | 1,459,061 | $141.7M | 0.21% | −534,792−26.8% | Reduced |
| Great West Life Assurance Co | 1,529,536 | $148.7M | 0.26% | −113,531−6.9% | Reduced |
| Johnson Investment Counsel Inc | 1,555,679 | $151.1M | 1.24% | −21,448−1.4% | Reduced |
| JPMorgan Chase & Co | 1,565,629 | $152.1M | 0.01% | −2,556−0.2% | Reduced |
| Lord, Abbett & Co. LLC | 1,654,190 | $160.7M | 0.49% | −29,927−1.8% | Reduced |
| Deutsche Bank AG | 1,683,603 | $163.5M | 0.05% | +259,544+18.2% | Added |
| AQR Capital Management LLC | 1,933,756 | $187.8M | 0.10% | −108,034−5.3% | Reduced |
| Bank Julius Baer & Co. Ltd, Zurich | 2,095,629 | $204.0M | 0.56% | −92,557−4.2% | Reduced |
| Principal Financial Group Inc | 2,209,502 | $214.6M | 0.11% | −129,319−5.5% | Reduced |
| Envestnet Asset Management Inc | 2,223,384 | $216.0M | 0.06% | −440,396−16.5% | Reduced |
| Bank of New York Mellon Corp | 2,263,644 | $219.9M | 0.04% | −411,283−15.4% | Reduced |
| Amundi | 2,433,477 | $236.4M | 0.06% | −506,313−17.2% | Reduced |
| Winslow Capital Management, LLC | 2,568,537 | $250.5M | 0.84% | +2,568,537 | New |
| Dimensional Fund Advisors LP | 2,625,048 | $255.0M | 0.05% | +28,023+1.1% | Added |
| Bessemer Group Inc | 2,628,315 | $255.3M | 0.39% | −299,016−10.2% | Reduced |
| American Century Companies Inc | 2,643,598 | $256.8M | 0.13% | +90,815+3.6% | Added |
| Neuberger Berman Group LLC | 2,694,180 | $261.7M | 0.19% | −39,950−1.5% | Reduced |
| Charles Schwab Investment Management Inc | 2,727,956 | $265.0M | 0.04% | +39,936+1.5% | Added |
| Legal & General Group Plc | 2,855,235 | $277.3M | 0.06% | +45,783+1.6% | Added |
| Mariner, LLC | 2,875,927 | $279.3M | 0.33% | +71,249+2.5% | Added |
| Farallon Capital Management, L.L.C. | 2,989,213 | $290.3M | 1.51% | −633,830−17.5% | Reduced |
| FMR LLC | 3,294,111 | $320.0M | 0.02% | +1,437,479+77.4% | Added |
| UBS Asset Management Americas Inc | 3,698,538 | $359.2M | 0.08% | +169,318+4.8% | Added |
| Select Equity Group, L.P. | 3,752,757 | $364.5M | 1.69% | +782,105+26.3% | Added |
| UBS Group AG | 3,849,407 | $373.9M | 0.07% | −319,375−7.7% | Reduced |
| Northern Trust Corp | 4,269,918 | $414.7M | 0.05% | +71,310+1.7% | Added |
| Manufacturers Life Insurance Company, The | 4,662,676 | $452.9M | 0.37% | −405,600−8.0% | Reduced |
| Invesco Ltd. | 5,369,264 | $521.5M | 0.05% | +324,743+6.4% | Added |
| Norges Bank | 5,457,639 | $530.1M | 0.06% | +5,457,639 | New |
| Goldman Sachs Group Inc | 5,507,265 | $534.9M | 0.08% | −286,308−4.9% | Reduced |
| Ameriprise Financial Inc | 5,662,037 | $550.9M | 0.12% | +1,7060.0% | Added |
| Nuveen, LLC | 6,073,271 | $589.9M | 0.15% | +2,736,322+82.0% | Added |
| Harris Associates L PSuperinvestorHarris Associates (Oakmark) | 8,621,689 | $837.4M | 1.06% | +2,716,280+46.0% | Added |
| Bank of America Corp | 8,691,428 | $844.2M | 0.06% | +1,759,982+25.4% | Added |
| Morgan Stanley | 9,266,562 | $900.1M | 0.05% | +3,567,843+62.6% | Added |
| Franklin Resources Inc | 10,589,679 | $1.03B | 0.25% | +6,786+0.1% | Added |
| Geode Capital Management, LLC | 12,851,894 | $1.24B | 0.08% | +378,577+3.0% | Added |
| State Street Corp | 19,878,600 | $1.93B | 0.06% | +259,408+1.3% | Added |
| Massachusetts Financial Services Co | 27,627,767 | $2.68B | 0.87% | +1,258,964+4.8% | Added |