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 10 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 |
|---|---|---|---|---|---|
| Catherine Avery Investment Management LLC | 112 | $10.9K | 0.01% | 00.0% | Unchanged |
| Cherry Tree Wealth Management, LLC | 114 | $11.1K | 0.00% | 00.0% | Unchanged |
| Eastern Bank | 114 | $11.1K | 0.00% | +14+14.0% | Added |
| Abound Wealth Management | 115 | $11.2K | 0.00% | +5+4.5% | Added |
| Sound Income Strategies, LLC | 116 | $11.7K | 0.00% | +116 | New |
| MTM Investment Management, LLC | 122 | $11.8K | 0.00% | 00.0% | Unchanged |
| Swiss Re Ltd | 126 | $12.2K | 0.00% | +126 | New |
| Moisand Fitzgerald Tamayo, LLC | 126 | $12.2K | 0.00% | 00.0% | Unchanged |
| Maseco LLP | 126 | $12.3K | 0.00% | +126 | New |
| Vision Retirement, LLC | 127 | $12.3K | 0.00% | +127 | New |
| Comprehensive Financial Planning, Inc. | 130 | $12.7K | 0.01% | −1−0.8% | Reduced |
| University of Texas/Texas Am Investment Managment Co | 135 | $13.1K | 0.00% | +135 | New |
| Cornerstone Planning Group LLC | 133 | $13.1K | 0.00% | −14−9.5% | Reduced |
| Curio Wealth, LLC | 135 | $13.3K | 0.00% | 00.0% | Unchanged |
| Westfuller Advisors, LLC | 141 | $13.7K | 0.01% | −85−37.6% | Reduced |
| Prosperity Bancshares Inc | 144 | $14.0K | 0.01% | +144 | New |
| Clean Yield Group | 146 | $14.2K | 0.00% | 00.0% | Unchanged |
| Wealth Watch Advisors, INC | 147 | $14.3K | 0.01% | +5+3.5% | Added |
| Private Wealth Management Group, LLC | 147 | $14.3K | 0.00% | 00.0% | Unchanged |
| Raffa Wealth Management, LLC | 148 | $14.4K | 0.00% | −166−52.9% | Reduced |
| Piscataqua Savings Bank | 150 | $14.6K | 0.01% | +150 | New |
| S&T Bank | 152 | $14.8K | 0.00% | +100+192.3% | Added |
| Versant Capital Management, Inc | 153 | $14.8K | 0.00% | +1+0.7% | Added |
| Concord Wealth Partners | 162 | $15.8K | 0.00% | 00.0% | Unchanged |
| Rossby Financial, LCC | 163 | $15.8K | 0.00% | −62−27.6% | Reduced |
| Northwest & Ethical Investments L.P. | 164 | $16.1K | 0.00% | +164 | New |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 162 | $16.1K | 0.00% | −200−55.2% | Reduced |
| Transamerica Financial Advisors, Inc. | 179 | $17.4K | 0.00% | +66+58.4% | Added |
| Bank of Jackson Hole Trust | 180 | $17.5K | 0.01% | 00.0% | Unchanged |
| Bell Investment Advisors, Inc | 180 | $17.5K | 0.00% | +99+122.2% | Added |
| WealthCollab, LLC | 184 | $17.9K | 0.01% | +29+18.7% | Added |
| GW&K Investment Management, LLC | 189 | $18.0K | 0.00% | 00.0% | Unchanged |
| Silicon Valley Capital Partners | 190 | $18.4K | 0.00% | +1+0.5% | Added |
| Bogart Wealth, LLC | 192 | $18.6K | 0.00% | +2+1.1% | Added |
| Quarry LP | 192 | $18.6K | 0.00% | −3,117−94.2% | Reduced |
| Rational Advisors LLC | 192 | $18.6K | 0.00% | +61+46.6% | Added |
| Group One Trading, L.P. | 195 | $18.9K | 0.00% | +195 | New |
| Adirondack Trust Co | 197 | $19.1K | 0.01% | +47+31.3% | Added |
| SageView Advisory Group, LLC | 202 | $19.6K | 0.00% | +202 | New |
| New Age Alpha Advisors, LLC | 205 | $19.9K | 0.00% | +205 | New |
| Kerr Financial Planning Corp | 236 | $20.3K | 0.03% | −20−7.8% | Reduced |
| Highline Wealth Partners LLC | 212 | $20.6K | 0.01% | −131−38.2% | Reduced |
| Hollencrest Capital Management | 215 | $20.9K | 0.00% | −166−43.6% | Reduced |
| WPG Advisers, LLC | 219 | $21.3K | 0.02% | +71+48.0% | Added |
| Basepoint Wealth LLC | 222 | $21.7K | 0.01% | +222 | New |
| Activest Wealth Management | 223 | $21.7K | 0.00% | +117+110.4% | Added |
| Farmers & Merchants Investments Inc | 231 | $22.4K | 0.00% | +21+10.0% | Added |
| Fortitude Family Office, LLC | 254 | $24.7K | 0.01% | +3+1.2% | Added |
| Cape Investment Advisory, Inc. | 255 | $24.8K | 0.01% | +209+454.3% | Added |
| Access Investment Management LLC | 309 | $27.3K | 0.01% | 00.0% | Unchanged |
| Front Row Advisors LLC | 282 | $27.4K | 0.01% | 00.0% | Unchanged |
| Bruce G. Allen Investments, LLC | 285 | $27.7K | 0.02% | 00.0% | Unchanged |
| MV Capital Management, Inc. | 285 | $27.7K | 0.00% | +2+0.7% | Added |
| Quest Partners LLC | 292 | $28.4K | 0.00% | −277−48.7% | Reduced |
| Raleigh Capital Management Inc. | 295 | $28.6K | 0.01% | +36+13.9% | Added |
| Signature Equity Partners, LLC | 295 | $28.7K | 0.02% | +295 | New |
| Fideuram Asset Management (Ireland) dac | 378 | $28.9K | 0.00% | +378 | New |
| Tripletail Wealth Management, LLC | 300 | $29.1K | 0.04% | 00.0% | Unchanged |
| Creative Financial Designs Inc | 310 | $30.1K | 0.00% | 00.0% | Unchanged |
| Westside Investment Management, Inc. | 318 | $30.7K | 0.00% | 00.0% | Unchanged |
| Keating Financial Advisory Services, Inc. | 340 | $33.0K | 0.00% | +340 | New |
| AdvisorNet Financial, Inc | 344 | $33.4K | 0.00% | −26−7.0% | Reduced |
| SOA Wealth Advisors, LLC. | 350 | $34.0K | 0.01% | +350 | New |
| Grove Bank & Trust | 352 | $34.2K | 0.00% | +1+0.3% | Added |
| MCF Advisors LLC | 355 | $34.5K | 0.00% | +55+18.3% | Added |
| Nemes Rush Group LLC | 356 | $34.6K | 0.00% | +356 | New |
| Basecamp Wealth Advisors LLC | 360 | $35.0K | 0.01% | +360 | New |
| Uniplan Investment Counsel, Inc. | 360 | $35.0K | 0.00% | +360 | New |
| CVA Family Office, LLC | 361 | $35.1K | 0.00% | −18−4.7% | Reduced |
| Evelyn Partners Asset Management Ltd | 387 | $37.6K | 0.01% | 00.0% | Unchanged |
| First Command Advisory Services, Inc. | 390 | $37.9K | 0.00% | 00.0% | Unchanged |
| Deseret Mutual Benefit Administrators | 398 | $38.7K | 0.02% | +49+14.0% | Added |
| UMA Financial Services, Inc. | 400 | $38.9K | 0.01% | −6−1.5% | Reduced |
| Capital Advisors, Ltd. LLC | 407 | $40.0K | 0.00% | 00.0% | Unchanged |
| Reflection Asset Management | 417 | $40.5K | 0.03% | +417 | New |
| Annis Gardner Whiting Capital Advisors, LLC | 422 | $41.0K | 0.01% | −5−1.2% | Reduced |
| Kemnay Advisory Services Inc. | 448 | $43.5K | 0.01% | +448 | New |
| Towarzystwo Funduszy Inwestycyjnych Pzu SA | 450 | $43.7K | 0.01% | 00.0% | Unchanged |
| Independence Bank of Kentucky | 450 | $43.7K | 0.01% | 00.0% | Unchanged |
| Twin Lakes Capital Management, LLC | 450 | $43.7K | 0.02% | 00.0% | Unchanged |
| Elyxium Wealth, LLC | 450 | $43.7K | 0.01% | +450 | New |
| New Millennium Group LLC | 470 | $45.6K | 0.02% | −32−6.4% | Reduced |
| Washington Trust Advisors, Inc. | 479 | $46.5K | 0.00% | +479 | New |
| Bellevue Asset Management, LLC | 504 | $49.0K | 0.02% | 00.0% | Unchanged |
| United Community Bank | 506 | $49.1K | 0.02% | 00.0% | Unchanged |
| Community Bank, N.A. | 509 | $49.4K | 0.01% | 00.0% | Unchanged |
| Central Pacific Bank - Trust Division | 517 | $50.2K | 0.01% | +43+9.1% | Added |
| Murphy & Mullick Capital Management Corp | 553 | $53.7K | 0.04% | +2+0.4% | Added |
| Flagship Harbor Advisors, LLC | 558 | $54.3K | 0.00% | −16,478−96.7% | Reduced |
| Safe Harbor Fiduciary, LLC | 575 | $55.9K | 0.05% | +575 | New |
| LRI Investments, LLC | 593 | $57.6K | 0.00% | −4−0.7% | Reduced |
| Salomon & Ludwin, LLC | 590 | $58.1K | 0.01% | +246+71.5% | Added |
| DV Equities, LLC | 632 | $61.4K | 0.01% | +632 | New |
| Wiser Advisor Group LLC | 652 | $63.3K | 0.07% | +2+0.3% | Added |
| Vega Investment Solutions | 659 | $64.0K | 0.01% | +659 | New |
| REAP Financial Group, LLC | 669 | $64.9K | 0.01% | +90+15.5% | Added |
| Clear Street Markets LLC | 669 | $65.0K | 0.01% | −114−14.6% | Reduced |
| Steigerwald, Gordon & Koch Inc. | 675 | $65.6K | 0.01% | 00.0% | Unchanged |
| Caldwell Trust Co | 687 | $66.7K | 0.01% | 00.0% | Unchanged |
| CoreCap Advisors, LLC | 734 | $71.3K | 0.00% | −4−0.5% | Reduced |