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 |
|---|---|---|---|---|---|
| Tema ETFs LLC | 7,390 | $717.8K | 0.06% | −20−0.3% | Reduced |
| Global Retirement Partners, LLC | 7,431 | $721.7K | 0.01% | +5,952+402.4% | Added |
| Pallas Capital Advisors LLC | 7,456 | $724.2K | 0.02% | −488−6.1% | Reduced |
| HighPoint Advisor Group LLC | 7,508 | $729.2K | 0.02% | −1,207−13.8% | Reduced |
| Ashton Thomas Private Wealth, LLC | 7,511 | $729.6K | 0.02% | −942−11.1% | Reduced |
| Essential Partners LLC | 7,584 | $736.6K | 0.23% | +823+12.2% | Added |
| International Assets Investment Management, LLC | 7,598 | $738.0K | 0.05% | −1,113−12.8% | Reduced |
| Fox Run Management, L.L.C. | 7,683 | $746.3K | 0.12% | −10,736−58.3% | Reduced |
| Kepler Cheuvreux (Suisse) SA | 7,703 | $748.2K | 0.04% | +7,703 | New |
| OneAscent Investment Solutions LLC | 7,745 | $752.3K | 0.80% | −13−0.2% | Reduced |
| Beaton Management Co. Inc. | 7,800 | $758.0K | 0.33% | 00.0% | Unchanged |
| Resources Investment Advisors, LLC. | 7,892 | $766.5K | 0.01% | +634+8.7% | Added |
| Abacus Wealth Partners, LLC | 7,918 | $769.1K | 0.08% | +7,918 | New |
| EJMK Ventures LLC | 8,061 | $783.0K | 0.48% | +8,061 | New |
| Leonteq Securities AG | 8,064 | $783.3K | 0.04% | −5,065−38.6% | Reduced |
| Strategy Asset Managers LLC | 8,068 | $783.6K | 0.13% | −62−0.8% | Reduced |
| Advisory Services Network, LLC | 8,103 | $787.0K | 0.01% | −38−0.5% | Reduced |
| Cresset Asset Management, LLC | 8,150 | $791.6K | 0.00% | +3,280+67.4% | Added |
| Boreal Capital Management LLC | 8,161 | $792.7K | 0.60% | +2,316+39.6% | Added |
| Aviance Capital Partners, LLC | 8,165 | $793.1K | 0.09% | 00.0% | Unchanged |
| Fortem Financial Group, LLC | 8,166 | $793.2K | 0.21% | +5,380+193.1% | Added |
| Beverly Hills Private Wealth, LLC | 8,201 | $796.6K | 0.14% | +8,201 | New |
| Hara Capital LLC | 8,250 | $801.3K | 0.45% | 00.0% | Unchanged |
| Quantitative Investment Management, LLC | 8,277 | $803.0K | 0.08% | +2,537+44.2% | Added |
| PAX Financial Group, LLC | 8,354 | $811.4K | 0.14% | −841−9.1% | Reduced |
| SIH Partners, LLLP | 8,373 | $813.3K | 0.05% | +8,373 | New |
| Smith, Salley & Associates | 8,450 | $820.7K | 0.04% | −612−6.8% | Reduced |
| Frank, Rimerman Advisors LLC | 8,560 | $831.4K | 0.05% | +128+1.5% | Added |
| Capital Analysts, LLC | 8,613 | $837.0K | 0.02% | +75+0.9% | Added |
| Harbor Capital Advisors, Inc. | 8,642 | $839.0K | 0.07% | −14−0.2% | Reduced |
| Signaturefd, LLC | 8,662 | $841.4K | 0.01% | +612+7.6% | Added |
| Brown, Lisle/Cummings, Inc. | 8,675 | $842.6K | 0.21% | +525+6.4% | Added |
| TritonPoint Partners, LLC | 8,698 | $844.8K | 0.45% | +8,698 | New |
| Vestcor Inc | 8,773 | $852.0K | 0.02% | 00.0% | Unchanged |
| First Pacific Financial | 8,783 | $853.1K | 0.11% | −955−9.8% | Reduced |
| CIBC Private Wealth Group, LLC | 8,792 | $854.0K | 0.00% | +777+9.7% | Added |
| Intrust Bank NA | 8,919 | $866.3K | 0.07% | −162−1.8% | Reduced |
| Nilsine Partners, LLC | 8,947 | $869.0K | 0.08% | +2,365+35.9% | Added |
| Harbor Investment Advisory, LLC | 8,959 | $870.2K | 0.07% | −188−2.1% | Reduced |
| Hantz Financial Services, Inc. | 8,963 | $871.0K | 0.01% | −884−9.0% | Reduced |
| S-Bank Fund Management Ltd | 9,100 | $883.9K | 0.11% | −219−2.4% | Reduced |
| Seeds Investor LLC | 9,302 | $903.5K | 0.17% | +256+2.8% | Added |
| EverSource Wealth Advisors, LLC | 9,412 | $914.2K | 0.03% | −26−0.3% | Reduced |
| Dakota Wealth Management | 9,442 | $917.1K | 0.02% | +6,077+180.6% | Added |
| Coastal Bridge Advisors, LLC | 9,557 | $928.3K | 0.07% | +12+0.1% | Added |
| Ronald Blue Trust, Inc. | 9,560 | $928.6K | 0.01% | +8,383+712.2% | Added |
| AAFMAA Wealth Management & Trust LLC | 9,611 | $933.5K | 0.37% | −3,028−24.0% | Reduced |
| GeoWealth Management, LLC | 9,615 | $933.8K | 0.03% | −325−3.3% | Reduced |
| Journey Advisory Group, LLC | 9,656 | $937.9K | 0.08% | −2,201−18.6% | Reduced |
| Legacy Financial Advisors, Inc. | 9,776 | $949.6K | 0.13% | +603+6.6% | Added |
| Peapack Gladstone Financial Corp | 9,781 | $950.0K | 0.01% | −1,122−10.3% | Reduced |
| Verity & Verity, LLC | 9,840 | $955.8K | 0.07% | −2,142−17.9% | Reduced |
| DRW Securities, LLC | 9,988 | $964.9K | 0.07% | +5,389+117.2% | Added |
| Volterra Technologies LP | 9,946 | $966.1K | 0.99% | +9,946 | New |
| Private Advisor Group, LLC | 10,282 | $998.6K | 0.00% | +742+7.8% | Added |
| Mount Yale Investment Advisors, LLC | 10,331 | $1.00M | 0.05% | +7,088+218.6% | Added |
| Crestmont Private Wealth LLC | 10,373 | $1.01M | 0.33% | +203+2.0% | Added |
| Aviso Financial Inc. | 10,482 | $1.02M | 0.04% | −123−1.2% | Reduced |
| First National Advisers, LLC | 10,501 | $1.02M | 0.14% | +170+1.6% | Added |
| Naples Global Advisors, LLC | 10,534 | $1.02M | 0.08% | 00.0% | Unchanged |
| AlphaGrep UK Ltd | 10,601 | $1.03M | 0.34% | +10,601 | New |
| Morningstar Investment Management LLC | 10,611 | $1.03M | 0.06% | −75,980−87.7% | Reduced |
| Dorsey & Whitney Trust CO LLC | 10,619 | $1.03M | 0.05% | +255+2.5% | Added |
| Advisors Asset Management, Inc. | 10,698 | $1.04M | 0.02% | +6,219+138.8% | Added |
| Integrated Wealth Concepts LLC | 10,833 | $1.05M | 0.01% | +5,257+94.3% | Added |
| Kentucky Retirement Systems Insurance Trust Fund | 10,853 | $1.05M | 0.07% | 00.0% | Unchanged |
| Fiduciary Trust Co | 10,921 | $1.06M | 0.01% | +489+4.7% | Added |
| Guggenheim Capital LLC | 10,936 | $1.06M | 0.01% | −683−5.9% | Reduced |
| Canandaigua National Bank & Trust Co | 10,951 | $1.06M | 0.10% | −955−8.0% | Reduced |
| Argent Trust Co | 10,982 | $1.07M | 0.04% | −111−1.0% | Reduced |
| Urban Wealth Management, LLC | 11,046 | $1.07M | 1.00% | +11,046 | New |
| Belpointe Asset Management LLC | 11,050 | $1.07M | 0.04% | +11,050 | New |
| Fortis Capital Advisors, LLC | 11,050 | $1.07M | 0.16% | +11,050 | New |
| Prudential PLC | 11,160 | $1.08M | 0.01% | −87,018−88.6% | Reduced |
| Meiji Yasuda Asset Management Co Ltd. | 11,184 | $1.09M | 0.05% | −18,180−61.9% | Reduced |
| Stablepoint Partners, LLC | 11,236 | $1.09M | 0.17% | +324+3.0% | Added |
| Centaurus Financial, Inc. | 11,246 | $1.09M | 0.05% | +4,457+65.7% | Added |
| Coldstream Capital Management Inc | 11,326 | $1.10M | 0.01% | +2,473+27.9% | Added |
| Farringdon Capital, Ltd. | 11,401 | $1.11M | 0.27% | +11,401 | New |
| V-Square Quantitative Management LLC | 11,683 | $1.13M | 0.12% | −1,192−9.3% | Reduced |
| Nomura Holdings Inc | 11,712 | $1.14M | 0.00% | +85+0.7% | Added |
| RSM US Wealth Management LLC | 11,914 | $1.17M | 0.01% | +3,967+49.9% | Added |
| MUFG Securities Americas Inc. | 12,152 | $1.18M | 0.07% | −72−0.6% | Reduced |
| Keybank National Association | 12,251 | $1.19M | 0.00% | −477−3.7% | Reduced |
| Securian Asset Management, Inc | 12,265 | $1.19M | 0.05% | −9,626−44.0% | Reduced |
| Empirical Finance, LLC | 12,268 | $1.19M | 0.06% | −489−3.8% | Reduced |
| IFP Advisors, Inc | 12,309 | $1.20M | 0.03% | +221+1.8% | Added |
| Callan Family Office, LLC | 12,476 | $1.21M | 0.03% | +3,943+46.2% | Added |
| Oppenheimer & Co Inc | 12,515 | $1.22M | 0.02% | −3,176−20.2% | Reduced |
| Global Financial Private Client, LLC | 12,555 | $1.22M | 0.43% | +261+2.1% | Added |
| Exchange Traded Concepts, LLC | 12,594 | $1.22M | 0.01% | +1,025+8.9% | Added |
| Compass Capital Corp | 15,168 | $1.23M | 0.47% | 00.0% | Unchanged |
| Simplex Trading, LLC | 12,647 | $1.23M | 0.03% | −9,394−42.6% | Reduced |
| AlphaCore Capital LLC | 12,815 | $1.24M | 0.03% | +12,815 | New |
| Buckingham Strategic Partners | 12,823 | $1.25M | 0.02% | −93−0.7% | Reduced |
| ASR Vermogensbeheer N.V. | 12,871 | $1.25M | 0.01% | −64−0.5% | Reduced |
| Omers Administration Corp | 12,907 | $1.25M | 0.01% | 00.0% | Unchanged |
| Dividend Assets Capital, LLC | 12,934 | $1.26M | 0.24% | +12,934 | New |
| Trueblood Wealth Management, LLC | 12,953 | $1.26M | 0.49% | −292−2.2% | Reduced |
| Whitener Capital Management, Inc. | 13,146 | $1.28M | 0.29% | +1,229+10.3% | Added |