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 |
|---|---|---|---|---|---|
| Martingale Asset Management L P | 13,399 | $1.30M | 0.03% | −513−3.7% | Reduced |
| Park Avenue Securities LLC | 13,384 | $1.30M | 0.01% | +1,561+13.2% | Added |
| Guinness Asset Management LTD | 13,104 | $1.30M | 0.02% | +2,876+28.1% | Added |
| Apollon Wealth Management, LLC | 13,332 | $1.29M | 0.02% | +1,264+10.5% | Added |
| Whitener Capital Management, Inc. | 13,146 | $1.28M | 0.29% | +1,229+10.3% | Added |
| Trueblood Wealth Management, LLC | 12,953 | $1.26M | 0.49% | −292−2.2% | Reduced |
| Dividend Assets Capital, LLC | 12,934 | $1.26M | 0.24% | +12,934 | New |
| Omers Administration Corp | 12,907 | $1.25M | 0.01% | 00.0% | Unchanged |
| ASR Vermogensbeheer N.V. | 12,871 | $1.25M | 0.01% | −64−0.5% | Reduced |
| Buckingham Strategic Partners | 12,823 | $1.25M | 0.02% | −93−0.7% | Reduced |
| AlphaCore Capital LLC | 12,815 | $1.24M | 0.03% | +12,815 | New |
| Simplex Trading, LLC | 12,647 | $1.23M | 0.03% | −9,394−42.6% | Reduced |
| Compass Capital Corp | 15,168 | $1.23M | 0.47% | 00.0% | Unchanged |
| Exchange Traded Concepts, LLC | 12,594 | $1.22M | 0.01% | +1,025+8.9% | Added |
| Global Financial Private Client, LLC | 12,555 | $1.22M | 0.43% | +261+2.1% | Added |
| Oppenheimer & Co Inc | 12,515 | $1.22M | 0.02% | −3,176−20.2% | Reduced |
| Callan Family Office, LLC | 12,476 | $1.21M | 0.03% | +3,943+46.2% | Added |
| IFP Advisors, Inc | 12,309 | $1.20M | 0.03% | +221+1.8% | Added |
| Empirical Finance, LLC | 12,268 | $1.19M | 0.06% | −489−3.8% | Reduced |
| Securian Asset Management, Inc | 12,265 | $1.19M | 0.05% | −9,626−44.0% | Reduced |
| Keybank National Association | 12,251 | $1.19M | 0.00% | −477−3.7% | Reduced |
| MUFG Securities Americas Inc. | 12,152 | $1.18M | 0.07% | −72−0.6% | Reduced |
| RSM US Wealth Management LLC | 11,914 | $1.17M | 0.01% | +3,967+49.9% | Added |
| Nomura Holdings Inc | 11,712 | $1.14M | 0.00% | +85+0.7% | Added |
| V-Square Quantitative Management LLC | 11,683 | $1.13M | 0.12% | −1,192−9.3% | Reduced |
| Farringdon Capital, Ltd. | 11,401 | $1.11M | 0.27% | +11,401 | New |
| Coldstream Capital Management Inc | 11,326 | $1.10M | 0.01% | +2,473+27.9% | Added |
| Centaurus Financial, Inc. | 11,246 | $1.09M | 0.05% | +4,457+65.7% | Added |
| Stablepoint Partners, LLC | 11,236 | $1.09M | 0.17% | +324+3.0% | Added |
| Meiji Yasuda Asset Management Co Ltd. | 11,184 | $1.09M | 0.05% | −18,180−61.9% | Reduced |
| Prudential PLC | 11,160 | $1.08M | 0.01% | −87,018−88.6% | Reduced |
| 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 |
| Urban Wealth Management, LLC | 11,046 | $1.07M | 1.00% | +11,046 | New |
| Argent Trust Co | 10,982 | $1.07M | 0.04% | −111−1.0% | Reduced |
| Canandaigua National Bank & Trust Co | 10,951 | $1.06M | 0.10% | −955−8.0% | Reduced |
| Guggenheim Capital LLC | 10,936 | $1.06M | 0.01% | −683−5.9% | Reduced |
| Fiduciary Trust Co | 10,921 | $1.06M | 0.01% | +489+4.7% | Added |
| Kentucky Retirement Systems Insurance Trust Fund | 10,853 | $1.05M | 0.07% | 00.0% | Unchanged |
| Integrated Wealth Concepts LLC | 10,833 | $1.05M | 0.01% | +5,257+94.3% | Added |
| Advisors Asset Management, Inc. | 10,698 | $1.04M | 0.02% | +6,219+138.8% | Added |
| Dorsey & Whitney Trust CO LLC | 10,619 | $1.03M | 0.05% | +255+2.5% | Added |
| Morningstar Investment Management LLC | 10,611 | $1.03M | 0.06% | −75,980−87.7% | Reduced |
| AlphaGrep UK Ltd | 10,601 | $1.03M | 0.34% | +10,601 | New |
| Naples Global Advisors, LLC | 10,534 | $1.02M | 0.08% | 00.0% | Unchanged |
| First National Advisers, LLC | 10,501 | $1.02M | 0.14% | +170+1.6% | Added |
| Aviso Financial Inc. | 10,482 | $1.02M | 0.04% | −123−1.2% | Reduced |
| Crestmont Private Wealth LLC | 10,373 | $1.01M | 0.33% | +203+2.0% | Added |
| Mount Yale Investment Advisors, LLC | 10,331 | $1.00M | 0.05% | +7,088+218.6% | Added |
| Private Advisor Group, LLC | 10,282 | $998.6K | 0.00% | +742+7.8% | Added |
| Volterra Technologies LP | 9,946 | $966.1K | 0.99% | +9,946 | New |
| DRW Securities, LLC | 9,988 | $964.9K | 0.07% | +5,389+117.2% | Added |
| Verity & Verity, LLC | 9,840 | $955.8K | 0.07% | −2,142−17.9% | Reduced |
| Peapack Gladstone Financial Corp | 9,781 | $950.0K | 0.01% | −1,122−10.3% | Reduced |
| Legacy Financial Advisors, Inc. | 9,776 | $949.6K | 0.13% | +603+6.6% | Added |
| Journey Advisory Group, LLC | 9,656 | $937.9K | 0.08% | −2,201−18.6% | Reduced |
| GeoWealth Management, LLC | 9,615 | $933.8K | 0.03% | −325−3.3% | Reduced |
| AAFMAA Wealth Management & Trust LLC | 9,611 | $933.5K | 0.37% | −3,028−24.0% | Reduced |
| Ronald Blue Trust, Inc. | 9,560 | $928.6K | 0.01% | +8,383+712.2% | Added |
| Coastal Bridge Advisors, LLC | 9,557 | $928.3K | 0.07% | +12+0.1% | Added |
| Dakota Wealth Management | 9,442 | $917.1K | 0.02% | +6,077+180.6% | Added |
| EverSource Wealth Advisors, LLC | 9,412 | $914.2K | 0.03% | −26−0.3% | Reduced |
| Seeds Investor LLC | 9,302 | $903.5K | 0.17% | +256+2.8% | Added |
| S-Bank Fund Management Ltd | 9,100 | $883.9K | 0.11% | −219−2.4% | Reduced |
| Hantz Financial Services, Inc. | 8,963 | $871.0K | 0.01% | −884−9.0% | Reduced |
| Harbor Investment Advisory, LLC | 8,959 | $870.2K | 0.07% | −188−2.1% | Reduced |
| Nilsine Partners, LLC | 8,947 | $869.0K | 0.08% | +2,365+35.9% | Added |
| Intrust Bank NA | 8,919 | $866.3K | 0.07% | −162−1.8% | Reduced |
| CIBC Private Wealth Group, LLC | 8,792 | $854.0K | 0.00% | +777+9.7% | Added |
| First Pacific Financial | 8,783 | $853.1K | 0.11% | −955−9.8% | Reduced |
| Vestcor Inc | 8,773 | $852.0K | 0.02% | 00.0% | Unchanged |
| TritonPoint Partners, LLC | 8,698 | $844.8K | 0.45% | +8,698 | New |
| Brown, Lisle/Cummings, Inc. | 8,675 | $842.6K | 0.21% | +525+6.4% | Added |
| Signaturefd, LLC | 8,662 | $841.4K | 0.01% | +612+7.6% | Added |
| Harbor Capital Advisors, Inc. | 8,642 | $839.0K | 0.07% | −14−0.2% | Reduced |
| Capital Analysts, LLC | 8,613 | $837.0K | 0.02% | +75+0.9% | Added |
| Frank, Rimerman Advisors LLC | 8,560 | $831.4K | 0.05% | +128+1.5% | Added |
| Smith, Salley & Associates | 8,450 | $820.7K | 0.04% | −612−6.8% | Reduced |
| SIH Partners, LLLP | 8,373 | $813.3K | 0.05% | +8,373 | New |
| PAX Financial Group, LLC | 8,354 | $811.4K | 0.14% | −841−9.1% | Reduced |
| Quantitative Investment Management, LLC | 8,277 | $803.0K | 0.08% | +2,537+44.2% | Added |
| Hara Capital LLC | 8,250 | $801.3K | 0.45% | 00.0% | Unchanged |
| Beverly Hills Private Wealth, LLC | 8,201 | $796.6K | 0.14% | +8,201 | New |
| Fortem Financial Group, LLC | 8,166 | $793.2K | 0.21% | +5,380+193.1% | Added |
| Aviance Capital Partners, LLC | 8,165 | $793.1K | 0.09% | 00.0% | Unchanged |
| Boreal Capital Management LLC | 8,161 | $792.7K | 0.60% | +2,316+39.6% | Added |
| Cresset Asset Management, LLC | 8,150 | $791.6K | 0.00% | +3,280+67.4% | Added |
| Advisory Services Network, LLC | 8,103 | $787.0K | 0.01% | −38−0.5% | Reduced |
| Strategy Asset Managers LLC | 8,068 | $783.6K | 0.13% | −62−0.8% | Reduced |
| Leonteq Securities AG | 8,064 | $783.3K | 0.04% | −5,065−38.6% | Reduced |
| EJMK Ventures LLC | 8,061 | $783.0K | 0.48% | +8,061 | New |
| Abacus Wealth Partners, LLC | 7,918 | $769.1K | 0.08% | +7,918 | New |
| Resources Investment Advisors, LLC. | 7,892 | $766.5K | 0.01% | +634+8.7% | Added |
| Beaton Management Co. Inc. | 7,800 | $758.0K | 0.33% | 00.0% | Unchanged |
| OneAscent Investment Solutions LLC | 7,745 | $752.3K | 0.80% | −13−0.2% | Reduced |
| Kepler Cheuvreux (Suisse) SA | 7,703 | $748.2K | 0.04% | +7,703 | New |
| Fox Run Management, L.L.C. | 7,683 | $746.3K | 0.12% | −10,736−58.3% | Reduced |
| International Assets Investment Management, LLC | 7,598 | $738.0K | 0.05% | −1,113−12.8% | Reduced |
| Essential Partners LLC | 7,584 | $736.6K | 0.23% | +823+12.2% | Added |
| Ashton Thomas Private Wealth, LLC | 7,511 | $729.6K | 0.02% | −942−11.1% | Reduced |