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 |
|---|---|---|---|---|---|
| Ellevest, Inc. | 4,562 | $443.1K | 0.06% | +219+5.0% | Added |
| Sagespring Wealth Partners, LLC | 4,562 | $443.1K | 0.01% | +45+1.0% | Added |
| Fielder Capital Group LLC | 4,571 | $444.0K | 0.09% | +137+3.1% | Added |
| Independent Advisor Alliance | 4,574 | $444.2K | 0.01% | +117+2.6% | Added |
| Principal Securities, Inc. | 4,595 | $446.4K | 0.01% | +313+7.3% | Added |
| Erste Asset Management GmbH | 4,516 | $446.5K | 0.00% | +1,073+31.2% | Added |
| Sivia Capital Partners, LLC | 4,616 | $448.4K | 0.09% | +4,616 | New |
| Diversified Trust Co | 4,638 | $450.5K | 0.01% | −39−0.8% | Reduced |
| Brown Advisory Inc | 4,668 | $453.4K | 0.00% | +2,321+98.9% | Added |
| We Are One Seven, LLC | 4,670 | $453.6K | 0.01% | +391+9.1% | Added |
| LWM Advisory Services, LLC | 4,676 | $454.2K | 0.27% | 00.0% | Unchanged |
| Profund Advisors LLC | 4,692 | $455.7K | 0.01% | −1,491−24.1% | Reduced |
| Quotient Wealth Partners, LLC | 4,700 | $456.5K | 0.01% | −445−8.6% | Reduced |
| Tranquility Partners, LLC | 4,740 | $460.4K | 0.17% | −2,526−34.8% | Reduced |
| Colonial Trust Co | 4,755 | $461.9K | 0.06% | −112−2.3% | Reduced |
| Rosenberg Matthew Hamilton | 4,785 | $464.8K | 0.10% | 00.0% | Unchanged |
| Massmutual Trust Co FSB | 4,789 | $465.2K | 0.01% | −589−11.0% | Reduced |
| SRS Capital Advisors, Inc. | 4,802 | $466.4K | 0.01% | −79,551−94.3% | Reduced |
| Warren Averett Asset Management, LLC | 4,809 | $467.1K | 0.00% | +1,746+57.0% | Added |
| Harvest Investment Services, LLC | 4,830 | $469.1K | 0.09% | +45+0.9% | Added |
| Crestwood Advisors Group LLC | 4,859 | $472.0K | 0.01% | −327−6.3% | Reduced |
| Donaldson Capital Management, LLC | 4,868 | $472.8K | 0.02% | +750+18.2% | Added |
| Mayflower Financial Advisors, LLC | 4,883 | $474.3K | 0.06% | +14+0.3% | Added |
| Optimize Financial Inc | 4,890 | $475.0K | 0.24% | +68+1.4% | Added |
| Boyar Asset Management Inc. | 4,896 | $475.5K | 0.30% | 00.0% | Unchanged |
| NewEdge Wealth, LLC | 4,913 | $477.2K | 0.01% | +4,913 | New |
| Thomasville National Bank | 4,937 | $479.5K | 0.03% | −500−9.2% | Reduced |
| Evoke Wealth, LLC | 4,978 | $483.5K | 0.01% | +789+18.8% | Added |
| Malaga Cove Capital, LLC | 4,997 | $485.4K | 0.17% | −176−3.4% | Reduced |
| Private Wealth Partners, LLC | 5,020 | $487.6K | 0.03% | −3,000−37.4% | Reduced |
| Welch Group, LLC | 5,029 | $488.5K | 0.02% | +78+1.6% | Added |
| Cynosure Management, LLC | 5,032 | $488.8K | 0.05% | −304−5.7% | Reduced |
| Advisors Capital Management, LLC | 5,059 | $491.4K | 0.01% | +71+1.4% | Added |
| Change Path, LLC | 5,106 | $496.0K | 0.01% | −5,415−51.5% | Reduced |
| Wellspring Financial Advisors, LLC | 5,135 | $498.8K | 0.04% | +5,135 | New |
| Elm3 Financial Group, LLC | 5,168 | $502.0K | 0.42% | +1,348+35.3% | Added |
| Allred Capital Management, LLC | 5,264 | $511.3K | 0.18% | +4+0.1% | Added |
| Perigon Wealth Management, LLC | 5,279 | $512.8K | 0.01% | +434+9.0% | Added |
| Chilton Investment Co LLC | 5,293 | $514.1K | 0.01% | 00.0% | Unchanged |
| Citizens Financial Group Inc | 5,316 | $516.4K | 0.01% | +1,386+35.3% | Added |
| Arrowstreet Capital, Limited Partnership | 5,340 | $518.7K | 0.00% | −278,552−98.1% | Reduced |
| Diligent Investors, LLC | 5,400 | $524.5K | 0.13% | 00.0% | Unchanged |
| Jump Financial, LLC | 5,400 | $524.5K | 0.01% | +2,332+76.0% | Added |
| Sompo Asset Management Co., Ltd. | 5,410 | $525.5K | 0.09% | −100−1.8% | Reduced |
| Wedmont Private Capital | 5,236 | $525.7K | 0.02% | +475+10.0% | Added |
| American National Bank | 5,415 | $526.0K | 0.05% | 00.0% | Unchanged |
| Wealth Alliance | 5,497 | $533.9K | 0.05% | +5,497 | New |
| Parallel Advisors, LLC | 5,522 | $536.4K | 0.01% | +807+17.1% | Added |
| Bridgelight Financial Advisors, Inc. | 5,526 | $536.7K | 0.46% | +5,526 | New |
| Syon Capital LLC | 5,583 | $542.3K | 0.03% | +35+0.6% | Added |
| Savant Capital, LLC | 5,586 | $542.6K | 0.00% | +211+3.9% | Added |
| Meeder Advisory Services, Inc. | 5,599 | $543.9K | 0.02% | +426+8.2% | Added |
| Hancock Whitney Corp | 5,640 | $547.6K | 0.01% | −3,483−38.2% | Reduced |
| Tyche Wealth Partners LLC | 5,679 | $551.6K | 0.09% | +5,679 | New |
| Skopos Labs, Inc. | 5,609 | $554.5K | 0.03% | +2,598+86.3% | Added |
| Gabelli Funds LLC | 5,746 | $558.1K | 0.00% | −1,179−17.0% | Reduced |
| Sunbelt Securities, Inc. | 5,751 | $558.6K | 0.04% | −67−1.2% | Reduced |
| Manchester Capital Management LLC | 5,767 | $560.1K | 0.08% | +252+4.6% | Added |
| Cypress Asset Management Inc | 5,789 | $562.3K | 0.12% | −2,130−26.9% | Reduced |
| Means Investment Co., Inc. | 5,801 | $563.5K | 0.05% | +29+0.5% | Added |
| TCW Group Inc | 5,859 | $569.1K | 0.00% | +5,859 | New |
| Mather Group, LLC. | 5,865 | $569.7K | 0.01% | +1,485+33.9% | Added |
| Stanley-Laman Group, Ltd. | 5,982 | $581.0K | 0.07% | +31+0.5% | Added |
| Delta Capital Management LLC | 5,995 | $582.0K | 0.33% | 00.0% | Unchanged |
| Arkadios Wealth Advisors | 6,006 | $583.3K | 0.01% | −17−0.3% | Reduced |
| Whalen Wealth Management Inc. | 6,031 | $585.8K | 0.31% | +6,031 | New |
| Shay Capital LLC | 6,050 | $587.6K | 0.09% | +6,050 | New |
| NorthRock Partners, LLC | 6,074 | $590.0K | 0.01% | −8,693−58.9% | Reduced |
| Chicago Partners Investment Group LLC | 6,031 | $591.3K | 0.01% | −157−2.5% | Reduced |
| Hoxton Planning & Management, LLC | 6,126 | $595.0K | 0.18% | +13+0.2% | Added |
| Vise Technologies, Inc. | 6,189 | $601.2K | 0.01% | +1,434+30.2% | Added |
| Krilogy Financial LLC | 6,088 | $602.0K | 0.02% | +286+4.9% | Added |
| JFS Wealth Advisors, LLC | 6,200 | $602.2K | 0.03% | +166+2.8% | Added |
| Evolve Private Wealth, LLC | 6,207 | $602.9K | 0.04% | +6,207 | New |
| Gateway Investment Advisers LLC | 6,209 | $603.1K | 0.01% | +857+16.0% | Added |
| Brown Brothers Harriman & Co | 6,255 | $607.5K | 0.00% | +1,379+28.3% | Added |
| Catalytic Wealth RIA, LLC | 6,315 | $613.4K | 0.02% | −3,386−34.9% | Reduced |
| Checchi Capital Advisers, LLC | 6,394 | $621.0K | 0.04% | +31+0.5% | Added |
| Cary Street Partner Investment Advisory LLC | 6,399 | $621.5K | 0.17% | +1,486+30.2% | Added |
| Evergreen Capital Management LLC | 6,456 | $627.1K | 0.01% | +2,052+46.6% | Added |
| Kirtland Hills Capital Management, LLC | 6,576 | $638.7K | 0.22% | +2,853+76.6% | Added |
| Applied Finance Capital Management, LLC | 6,598 | $640.9K | 0.05% | +6,598 | New |
| Gladstone Institutional Advisory LLC | 6,615 | $642.5K | 0.02% | +54+0.8% | Added |
| GTS Securities LLC | 6,616 | $642.6K | 0.02% | +3,413+106.6% | Added |
| Forum Financial Management, LP | 6,668 | $647.6K | 0.01% | +64+1.0% | Added |
| Kestra Private Wealth Services, LLC | 6,776 | $658.1K | 0.01% | −1,167−14.7% | Reduced |
| Western Wealth Management, LLC | 6,799 | $660.4K | 0.03% | +3,466+104.0% | Added |
| Valeo Financial Advisors, LLC | 6,858 | $666.1K | 0.01% | +609+9.7% | Added |
| Great Lakes Retirement, Inc. | 6,892 | $669.4K | 0.07% | +288+4.4% | Added |
| Argus Investors' Counsel, Inc. | 6,907 | $670.9K | 0.54% | +409+6.3% | Added |
| Custom Index Systems, LLC | 7,021 | $682.0K | 0.30% | +7,021 | New |
| Bradley Foster & Sargent Inc | 7,085 | $688.2K | 0.01% | 00.0% | Unchanged |
| Pinnacle Financial Partners, Inc. | 7,100 | $689.7K | 0.01% | +7,100 | New |
| Verus Financial Partners, Inc. | 7,032 | $695.4K | 0.06% | −118−1.7% | Reduced |
| Invesco, LLC | 7,174 | $696.8K | 0.23% | +16+0.2% | Added |
| Fifth Third Wealth Advisors LLC | 7,182 | $697.6K | 0.02% | −167−2.3% | Reduced |
| Equitable Holdings, Inc. | 7,185 | $697.9K | 0.00% | −52−0.7% | Reduced |
| Glen Eagle Advisors, LLC | 7,206 | $699.9K | 0.10% | −199−2.7% | Reduced |
| Stratos Wealth Advisors, LLC | 7,242 | $703.5K | 0.03% | +503+7.5% | Added |
| Lebenthal Global Advisors, LLC | 7,278 | $706.9K | 0.11% | +2,203+43.4% | Added |