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 |
|---|---|---|---|---|---|
| AE Wealth Management LLC | 57,093 | $5.55M | 0.03% | +1,284+2.3% | Added |
| Segall Bryant & Hamill, LLC | 57,073 | $5.54M | 0.08% | −29,598−34.1% | Reduced |
| Janney Montgomery Scott LLC | 56,980 | $5.54M | 0.01% | +2,317+4.2% | Added |
| Dnca Finance | 56,550 | $5.49M | 0.32% | 00.0% | Unchanged |
| JustInvest LLC | 56,170 | $5.46M | 0.05% | +7,922+16.4% | Added |
| Dockside LLC | 55,739 | $5.41M | 1.39% | +55,739 | New |
| Advisor Group Holdings, Inc. | 55,235 | $5.37M | 0.01% | −3,136−5.4% | Reduced |
| First National Bank of Omaha | 55,112 | $5.35M | 0.16% | +664+1.2% | Added |
| Eurizon Capital SGR S.p.A. | 54,694 | $5.32M | 0.02% | +54,694 | New |
| Federated Hermes, Inc. | 54,067 | $5.25M | 0.01% | +21,483+65.9% | Added |
| Castlefield Investment Partners LLP | 53,342 | $5.18M | 4.00% | +53,342 | New |
| GWM Advisors LLC | 53,329 | $5.18M | 0.02% | +15,909+42.5% | Added |
| Motley Fool Asset Management LLC | 53,115 | $5.16M | 0.20% | +13,504+34.1% | Added |
| Elo Mutual Pension Insurance Co | 52,451 | $5.09M | 0.08% | −6,297−10.7% | Reduced |
| Susquehanna International Group, LLP | 52,206 | $5.07M | 0.01% | −6,611−11.2% | Reduced |
| OP Asset Management Ltd | 52,197 | $5.07M | 0.06% | +3,588+7.4% | Added |
| Intech Investment Management LLC | 52,197 | $5.07M | 0.05% | −2,937−5.3% | Reduced |
| NEOS Investment Management LLC | 52,128 | $5.06M | 0.03% | +7,429+16.6% | Added |
| Oregon Public Employees Retirement Fund | 51,624 | $5.01M | 0.06% | −200−0.4% | Reduced |
| B. Metzler seel. Sohn & Co. AG | 51,152 | $4.97M | 0.04% | +2,842+5.9% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 50,413 | $4.90M | 0.01% | −18,032−26.3% | Reduced |
| Advisors Preferred, LLC | 50,407 | $4.87M | 0.80% | +50,407 | New |
| Kestra Advisory Services, LLC | 50,097 | $4.87M | 0.02% | −1,877−3.6% | Reduced |
| Vista Investment Partners LLC | 49,872 | $4.84M | 1.27% | +49,872 | New |
| Osmosis Investment Management UK Ltd | 48,970 | $4.76M | 0.12% | +48,970 | New |
| CapitalatWork S.A. | 48,826 | $4.74M | 0.14% | 00.0% | Unchanged |
| Bokf, NA | 48,539 | $4.71M | 0.07% | −7,430−13.3% | Reduced |
| Mutual of America Capital Management LLC | 48,438 | $4.70M | 0.05% | −698−1.4% | Reduced |
| Yousif Capital Management, LLC | 46,913 | $4.57M | 0.05% | −2,638−5.3% | Reduced |
| Toroso Investments, LLC | 46,860 | $4.55M | 0.02% | −11,972−20.3% | Reduced |
| LGT Group Foundation | 46,070 | $4.52M | 0.05% | −879−1.9% | Reduced |
| Fifth Third Bancorp | 46,523 | $4.52M | 0.01% | +2,475+5.6% | Added |
| Wealthfront Advisers LLC | 46,161 | $4.48M | 0.01% | +7,873+20.6% | Added |
| Horizon Investments, LLC | 45,909 | $4.46M | 0.06% | −9,090−16.5% | Reduced |
| Engineers Gate Manager LP | 45,001 | $4.37M | 0.05% | −370,230−89.2% | Reduced |
| Tredje AP-fonden | 44,816 | $4.35M | 0.03% | 00.0% | Unchanged |
| State of Alaska, Department of Revenue | 44,538 | $4.33M | 0.05% | −4,200−8.6% | Reduced |
| Lido Advisors, LLC | 45,912 | $4.25M | 0.02% | +2,167+5.0% | Added |
| Parallax Volatility Advisers, L.P. | 43,312 | $4.21M | 0.13% | +22,524+108.4% | Added |
| Taikang Asset Management (Hong Kong) Co Ltd | 42,868 | $4.16M | 0.41% | 00.0% | Unchanged |
| GAM Holding AG | 42,315 | $4.11M | 0.26% | −98−0.2% | Reduced |
| Keebeck Wealth Management, LLC | 41,803 | $4.06M | 0.47% | −1,552−3.6% | Reduced |
| UniSuper Management Pty Ltd | 41,657 | $4.05M | 0.02% | −1,550−3.6% | Reduced |
| Bensler, LLC | 41,167 | $4.00M | 0.40% | −167−0.4% | Reduced |
| First Washington CORP | 40,668 | $3.95M | 1.02% | −300−0.7% | Reduced |
| Elevatus Welath Management | 40,306 | $3.91M | 1.07% | +40,306 | New |
| Siemens Fonds Invest GmbH | 39,532 | $3.88M | 0.21% | −17,098−30.2% | Reduced |
| Generali Investments CEE, investicni spolecnost, a.s. | 39,611 | $3.85M | 0.27% | +39,611 | New |
| Penobscot Investment Management Company, Inc. | 39,494 | $3.84M | 0.29% | −779−1.9% | Reduced |
| Verition Fund Management LLC | 39,126 | $3.80M | 0.02% | −55,424−58.6% | Reduced |
| Gold Investment Management Ltd. | 38,735 | $3.76M | 1.20% | +575+1.5% | Added |
| Burling Wealth Partners, LLC | 37,943 | $3.69M | 0.57% | +4,878+14.8% | Added |
| Kera Capital Partners, Inc. | 37,906 | $3.67M | 0.45% | +37,906 | New |
| Captrust Financial Advisors | 37,806 | $3.67M | 0.01% | +4,133+12.3% | Added |
| Graphene Investments SAS | 37,500 | $3.64M | 2.28% | 00.0% | Unchanged |
| Generali Asset Management SPA SGR | 37,480 | $3.64M | 0.07% | +1,538+4.3% | Added |
| QRG Capital Management, Inc. | 36,607 | $3.56M | 0.04% | +6,190+20.4% | Added |
| Dark Forest Capital Management LP | 36,588 | $3.55M | 0.16% | +15,121+70.4% | Added |
| EFG International AG | 36,281 | $3.52M | 0.07% | +36,281 | New |
| Laird Norton Trust Company, LLC | 36,250 | $3.52M | 0.07% | +36,250 | New |
| Lombard Odier Asset Management (Europe) Ltd | 36,000 | $3.50M | 0.18% | +36,000 | New |
| Pacer Advisors, Inc. | 35,624 | $3.46M | 0.01% | −881−2.4% | Reduced |
| Teacher Retirement System of Texas | 35,539 | $3.45M | 0.01% | −435,953−92.5% | Reduced |
| Paralel Advisors LLC | 35,264 | $3.43M | 0.13% | 00.0% | Unchanged |
| First American Bank | 35,117 | $3.41M | 0.21% | +168+0.5% | Added |
| Promethium Advisors,llc | 35,100 | $3.41M | 1.84% | +2,832+8.8% | Added |
| Allstate Corp | 34,794 | $3.38M | 0.05% | +18,759+117.0% | Added |
| Ascent Group, LLC | 34,738 | $3.37M | 0.12% | +1,296+3.9% | Added |
| Metis Global Partners, LLC | 34,505 | $3.35M | 0.08% | −490−1.4% | Reduced |
| Walleye Trading LLC | 33,974 | $3.30M | 0.05% | +2,402+7.6% | Added |
| Ostrum Asset Management | 32,759 | $3.18M | 0.15% | −1,768−5.1% | Reduced |
| Guardian Partners Inc. | 35,825 | $3.16M | 0.25% | +850+2.4% | Added |
| Fairbanks Capital Management, Inc. | 32,427 | $3.15M | 1.74% | −390−1.2% | Reduced |
| Texas Yale Capital Corp. | 32,089 | $3.12M | 0.09% | +1,711+5.6% | Added |
| Vista Investment Partners II, LLC | 31,805 | $3.09M | 1.33% | +31,805 | New |
| Applied Capital LLC | 31,768 | $3.09M | 2.11% | +51+0.2% | Added |
| CIBC World Markets Inc. | 31,232 | $3.03M | 0.01% | +5,785+22.7% | Added |
| Investment Management Corp of Ontario | 31,065 | $3.02M | 0.04% | +10,804+53.3% | Added |
| Prosperity Consulting Group, LLC | 30,812 | $2.99M | 0.13% | −234−0.8% | Reduced |
| Avanza Fonder AB | 30,805 | $2.99M | 0.08% | 00.0% | Unchanged |
| Mizuho Securities USA LLC | 32,845 | $2.99M | 0.05% | −170−0.5% | Reduced |
| Pensionmark Financial Group, LLC | 30,638 | $2.98M | 0.05% | +1,144+3.9% | Added |
| United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund | 30,600 | $2.97M | 0.04% | +1,400+4.8% | Added |
| Greenwich Wealth Management LLC | 30,511 | $2.96M | 0.13% | +111+0.4% | Added |
| Neville Rodie & Shaw Inc | 30,012 | $2.92M | 0.21% | +1,247+4.3% | Added |
| RBF Capital, LLC | 30,000 | $2.91M | 0.13% | 00.0% | Unchanged |
| Concurrent Investment Advisors, LLC | 29,996 | $2.91M | 0.03% | +1,271+4.4% | Added |
| Jane Street Group, LLC | 29,825 | $2.90M | 0.00% | −1,123,860−97.4% | Reduced |
| Steward Partners Investment Advisory, LLC | 29,311 | $2.85M | 0.02% | +2,097+7.7% | Added |
| Dai-Ichi Life Insurance Company, Ltd | 29,060 | $2.82M | 0.07% | 00.0% | Unchanged |
| Crossmark Global Holdings, Inc. | 28,852 | $2.80M | 0.04% | −10,650−27.0% | Reduced |
| Sax Wealth Advisors, LLC | 28,434 | $2.76M | 0.13% | −1,543−5.1% | Reduced |
| BDF-Gestion | 28,402 | $2.76M | 0.34% | −1,893−6.2% | Reduced |
| Banco Bilbao Vizcaya Argentaria, S.A. | 28,349 | $2.76M | 0.02% | +3,159+12.5% | Added |
| Flputnam Investment Management Co | 28,334 | $2.75M | 0.04% | −621−2.1% | Reduced |
| Lighthouse Financial Services Inc | 28,096 | $2.73M | 0.63% | +28,096 | New |
| Norinchukin Bank, The | 27,946 | $2.71M | 0.03% | +1,739+6.6% | Added |
| Arete Wealth Advisors, LLC | 26,450 | $2.57M | 0.18% | +26,450 | New |
| Banque Cantonale Vaudoise | 26,285 | $2.55M | 0.09% | +1,928+7.9% | Added |
| Southeast Asset Advisors Inc. | 26,191 | $2.54M | 0.24% | +15,776+151.5% | Added |