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 |
|---|---|---|---|---|---|
| FIL Ltd | 478,470 | $46.5M | 0.03% | −122,172−20.3% | Reduced |
| Close Asset Management Ltd | 478,016 | $46.4M | 1.03% | −87,848−15.5% | Reduced |
| Alliancebernstein L.P. | 477,102 | $46.3M | 0.01% | +13,535+2.9% | Added |
| Benjamin Edwards Inc | 474,906 | $46.1M | 0.51% | −10,045−2.1% | Reduced |
| Russell Investments Group, Ltd. | 452,554 | $44.0M | 0.05% | +151,689+50.4% | Added |
| NorthCrest Asset Manangement, LLC | 446,694 | $44.0M | 0.98% | +4,551+1.0% | Added |
| Evelyn Partners Investment Management LLP | 430,244 | $41.8M | 1.15% | +13,908+3.3% | Added |
| La Banque Postale Asset Management SA | 427,955 | $41.6M | 0.48% | −109,509−20.4% | Reduced |
| Stifel Financial Corp | 409,928 | $39.8M | 0.04% | +63,612+18.4% | Added |
| Worldquant Millennium Advisors LLC | 401,968 | $39.0M | 0.15% | +309,107+332.9% | Added |
| Credit Agricole S A | 395,327 | $38.4M | 0.11% | −81,763−17.1% | Reduced |
| Millennium Management LLC | 388,906 | $37.8M | 0.03% | +46,024+13.4% | Added |
| LGT Capital Partners Ltd. | 385,232 | $37.4M | 1.86% | −94,436−19.7% | Reduced |
| Bank of Montreal | 380,286 | $36.9M | 0.02% | −457,511−54.6% | Reduced |
| Braun Stacey Associates Inc | 375,659 | $36.5M | 1.18% | −1,095−0.3% | Reduced |
| Citigroup Inc | 366,326 | $35.6M | 0.02% | +19,027+5.5% | Added |
| Aviva PLC | 362,961 | $35.3M | 0.06% | +21,727+6.4% | Added |
| Bank of Nova Scotia | 362,842 | $35.2M | 0.05% | −18,731−4.9% | Reduced |
| Jefferies Financial Group Inc. | 356,265 | $34.6M | 0.28% | +272,064+323.1% | Added |
| Pathstone Holdings, LLC | 355,002 | $34.5M | 0.13% | +18,446+5.5% | Added |
| MKP Capital Management, L.L.C. | 350,000 | $34.0M | 1.21% | +350,000 | New |
| Danske Bank A/S | 348,622 | $33.9M | 0.08% | +31,377+9.9% | Added |
| Sterling Capital Management LLC | 348,515 | $33.9M | 0.55% | −131,766−27.4% | Reduced |
| Truist Financial Corp | 347,451 | $33.7M | 0.05% | −25,512−6.8% | Reduced |
| Campbell Newman Asset Management Inc | 344,191 | $33.4M | 2.45% | +2,387+0.7% | Added |
| Schonfeld Strategic Advisors LLC | 343,667 | $33.4M | 0.17% | +213,842+164.7% | Added |
| Gotham Asset Management, LLC | 339,358 | $33.0M | 0.12% | +13,163+4.0% | Added |
| State Board of Administration of Florida Retirement System | 336,025 | $32.6M | 0.06% | −25,645−7.1% | Reduced |
| Thrivent Financial for Lutherans | 332,973 | $32.4M | 0.06% | −121,408−26.7% | Reduced |
| Susquehanna Fundamental Investments, LLC | 330,438 | $32.1M | 1.09% | +271,302+458.8% | Added |
| Public Employees Retirement Association of Colorado | 329,987 | $32.1M | 0.12% | 00.0% | Unchanged |
| New York State Teachers Retirement System | 322,283 | $31.3M | 0.06% | −920.0% | Reduced |
| Standard Life Aberdeen plc | 321,602 | $31.2M | 0.05% | −2,494−0.8% | Reduced |
| Foster Victor Wealth Advisors, LLC | 302,655 | $30.6M | 1.78% | +21,478+7.6% | Added |
| CI Private Wealth, LLC | 309,948 | $30.3M | 0.04% | −9,640−3.0% | Reduced |
| Commerce Bank | 311,351 | $30.2M | 0.17% | −1,069−0.3% | Reduced |
| Dearborn Partners LLC | 311,111 | $30.2M | 1.51% | −12,632−3.9% | Reduced |
| HighTower Advisors, LLC | 307,185 | $29.8M | 0.03% | +43,261+16.4% | Added |
| Pictet Asset Management Holding SA | 300,499 | $29.2M | 0.03% | +15,097+5.3% | Added |
| Interval Partners, LP | 289,687 | $28.1M | 0.66% | +211,707+271.5% | Added |
| New York State Common Retirement Fund | 281,486 | $27.3M | 0.04% | −132,672−32.0% | Reduced |
| Tudor Investment Corp Et Al | 277,000 | $26.9M | 0.15% | +231,304+506.2% | Added |
| Capital World Investors | 273,996 | $26.6M | 0.00% | +2,064+0.8% | Added |
| McRae Capital Management Inc | 269,375 | $26.2M | 5.34% | −9,882−3.5% | Reduced |
| Storebrand Asset Management AS | 267,674 | $26.0M | 0.07% | −5,609−2.1% | Reduced |
| Nordea Investment Management AB | 264,097 | $25.8M | 0.02% | −75,410−22.2% | Reduced |
| National Bank of Canada | 263,092 | $25.6M | 0.03% | −30,265−10.3% | Reduced |
| Balyasny Asset Management LLC | 262,345 | $25.5M | 0.05% | −892,498−77.3% | Reduced |
| United Capital Financial Advisers, LLC | 253,707 | $24.6M | 0.15% | −17,344−6.4% | Reduced |
| Walleye Capital LLC | 240,674 | $23.4M | 0.13% | −314,717−56.7% | Reduced |
| The PNC Financial Services Group, Inc. | 239,319 | $23.2M | 0.01% | +13,288+5.9% | Added |
| Voya Investment Management LLC | 238,729 | $23.2M | 0.02% | +25,837+12.1% | Added |
| State of Wisconsin Investment Board | 237,775 | $23.1M | 0.05% | −47,365−16.6% | Reduced |
| KLP Kapitalforvaltning AS | 234,584 | $22.8M | 0.09% | +9,900+4.4% | Added |
| Victory Capital Management Inc | 233,814 | $22.7M | 0.01% | −4,839−2.0% | Reduced |
| Zacks Investment Management | 225,703 | $21.9M | 0.17% | −2,682−1.2% | Reduced |
| Asset Management One Co.,Ltd. | 207,344 | $20.5M | 0.06% | +9,567+4.8% | Added |
| Mercer Global Advisors Inc | 210,727 | $20.4M | 0.03% | +45,705+27.7% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 206,162 | $20.0M | 0.04% | −21,980−9.6% | Reduced |
| Cerity Partners LLC | 200,932 | $19.5M | 0.03% | +51,328+34.3% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 200,820 | $19.5M | 0.05% | +6,316+3.2% | Added |
| Pinebridge Investments LLC | 200,810 | $19.5M | 0.14% | +200,810 | New |
| Toronto Dominion Bank | 199,614 | $19.4M | 0.03% | −111,004−35.7% | Reduced |
| APG Asset Management N.V. | 233,968 | $19.3M | 0.05% | −23,432−9.1% | Reduced |
| Baltimore-Washington Financial Advisors, Inc. | 193,874 | $18.8M | 0.78% | −2,318−1.2% | Reduced |
| Treasurer of the State of North Carolina | 189,723 | $18.4M | 0.06% | +4,304+2.3% | Added |
| Nomura Asset Management International Inc. | 189,617 | $18.4M | 0.03% | +189,617 | New |
| Cetera Investment Advisers | 187,917 | $18.3M | 0.02% | +8,993+5.0% | Added |
| Royal London Asset Management Ltd | 187,856 | $18.2M | 0.04% | −1,429−0.8% | Reduced |
| Varma Mutual Pension Insurance Co | 187,376 | $18.2M | 0.11% | +14,500+8.4% | Added |
| CIBC Asset Management Inc | 185,484 | $18.0M | 0.04% | +48,244+35.2% | Added |
| Baird Financial Group, Inc. | 184,515 | $17.9M | 0.03% | +17,556+10.5% | Added |
| Nomura Asset Management Co Ltd | 177,108 | $17.2M | 0.04% | +13,312+8.1% | Added |
| GHP Investment Advisors, Inc. | 175,489 | $17.0M | 0.70% | +7,627+4.5% | Added |
| Comerica Bank | 171,315 | $16.6M | 0.07% | +7,455+4.5% | Added |
| Frontier Capital Management Co LLC | 166,839 | $16.2M | 0.17% | −179,974−51.9% | Reduced |
| Assenagon Asset Management S.A. | 165,499 | $16.1M | 0.02% | −154,175−48.2% | Reduced |
| Mn Services Vermogensbeheer B.V. | 165,382 | $16.1M | 0.10% | +2,182+1.3% | Added |
| Swiss Life Asset Management Ltd | 162,837 | $15.8M | 0.08% | +11,939+7.9% | Added |
| First Fiduciary Investment Counsel, Inc. | 160,532 | $15.6M | 3.02% | +3,361+2.1% | Added |
| TD Asset Management Inc | 159,466 | $15.5M | 0.01% | +5,448+3.5% | Added |
| Allianz Asset Management GmbH | 159,262 | $15.5M | 0.02% | −28,269−15.1% | Reduced |
| Quantinno Capital Management LP | 157,073 | $15.3M | 0.03% | +45,027+40.2% | Added |
| Natixis | 156,856 | $15.2M | 0.06% | −2,767−1.7% | Reduced |
| Cary Street Partners Financial LLC | 155,423 | $15.1M | 0.37% | −1,369−0.9% | Reduced |
| Raub Brock Capital Management LP | 153,421 | $14.9M | 3.32% | −3,343−2.1% | Reduced |
| SG Americas Securities, LLC | 153,170 | $14.9M | 0.02% | +105,438+220.9% | Added |
| Ieq Capital, LLC | 151,152 | $14.7M | 0.04% | +8,619+6.0% | Added |
| Daiwa Securities Group Inc. | 151,127 | $14.7M | 0.05% | −19,898−11.6% | Reduced |
| State of Tennessee, Treasury Department | 150,214 | $14.6M | 0.05% | +17,752+13.4% | Added |
| Janus Henderson Group PLC | 149,094 | $14.5M | 0.01% | +914+0.6% | Added |
| State of New Jersey Common Pension Fund D | 148,955 | $14.5M | 0.05% | +1,392+0.9% | Added |
| KBC Group NV | 147,073 | $14.3M | 0.03% | +10,204+7.5% | Added |
| Lansforsakringar Fondforvaltning AB (publ) | 144,713 | $14.1M | 0.07% | +1,350+0.9% | Added |
| Resona Asset Management Co.,Ltd. | 141,978 | $13.8M | 0.07% | +774+0.5% | Added |
| Glenmede Trust Co NA | 142,174 | $13.8M | 0.07% | +142,174 | New |
| Hudson Bay Capital Management LP | 141,369 | $13.7M | 0.08% | −134,295−48.7% | Reduced |
| Vancity Investment Management Ltd | 138,295 | $13.4M | 1.83% | −2,286−1.6% | Reduced |
| Rafferty Asset Management, LLC | 137,609 | $13.4M | 0.05% | −13,258−8.8% | Reduced |
| Public Employees Retirement System of Ohio | 136,293 | $13.2M | 0.04% | −2,508−1.8% | Reduced |