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 |
|---|---|---|---|---|---|
| HighPoint Advisor Group LLC | 7,508 | $729.2K | 0.02% | −1,207−13.8% | Reduced |
| Pallas Capital Advisors LLC | 7,456 | $724.2K | 0.02% | −488−6.1% | Reduced |
| Global Retirement Partners, LLC | 7,431 | $721.7K | 0.01% | +5,952+402.4% | Added |
| Tema ETFs LLC | 7,390 | $717.8K | 0.06% | −20−0.3% | Reduced |
| Lebenthal Global Advisors, LLC | 7,278 | $706.9K | 0.11% | +2,203+43.4% | Added |
| Stratos Wealth Advisors, LLC | 7,242 | $703.5K | 0.03% | +503+7.5% | Added |
| Glen Eagle Advisors, LLC | 7,206 | $699.9K | 0.10% | −199−2.7% | Reduced |
| Equitable Holdings, Inc. | 7,185 | $697.9K | 0.00% | −52−0.7% | Reduced |
| Fifth Third Wealth Advisors LLC | 7,182 | $697.6K | 0.02% | −167−2.3% | Reduced |
| Invesco, LLC | 7,174 | $696.8K | 0.23% | +16+0.2% | Added |
| Verus Financial Partners, Inc. | 7,032 | $695.4K | 0.06% | −118−1.7% | Reduced |
| Pinnacle Financial Partners, Inc. | 7,100 | $689.7K | 0.01% | +7,100 | New |
| Bradley Foster & Sargent Inc | 7,085 | $688.2K | 0.01% | 00.0% | Unchanged |
| Custom Index Systems, LLC | 7,021 | $682.0K | 0.30% | +7,021 | New |
| Argus Investors' Counsel, Inc. | 6,907 | $670.9K | 0.54% | +409+6.3% | Added |
| Great Lakes Retirement, Inc. | 6,892 | $669.4K | 0.07% | +288+4.4% | Added |
| Valeo Financial Advisors, LLC | 6,858 | $666.1K | 0.01% | +609+9.7% | Added |
| Western Wealth Management, LLC | 6,799 | $660.4K | 0.03% | +3,466+104.0% | Added |
| Kestra Private Wealth Services, LLC | 6,776 | $658.1K | 0.01% | −1,167−14.7% | Reduced |
| Forum Financial Management, LP | 6,668 | $647.6K | 0.01% | +64+1.0% | Added |
| GTS Securities LLC | 6,616 | $642.6K | 0.02% | +3,413+106.6% | Added |
| Gladstone Institutional Advisory LLC | 6,615 | $642.5K | 0.02% | +54+0.8% | Added |
| Applied Finance Capital Management, LLC | 6,598 | $640.9K | 0.05% | +6,598 | New |
| Kirtland Hills Capital Management, LLC | 6,576 | $638.7K | 0.22% | +2,853+76.6% | Added |
| Evergreen Capital Management LLC | 6,456 | $627.1K | 0.01% | +2,052+46.6% | Added |
| Cary Street Partner Investment Advisory LLC | 6,399 | $621.5K | 0.17% | +1,486+30.2% | Added |
| Checchi Capital Advisers, LLC | 6,394 | $621.0K | 0.04% | +31+0.5% | Added |
| Catalytic Wealth RIA, LLC | 6,315 | $613.4K | 0.02% | −3,386−34.9% | Reduced |
| Brown Brothers Harriman & Co | 6,255 | $607.5K | 0.00% | +1,379+28.3% | Added |
| Gateway Investment Advisers LLC | 6,209 | $603.1K | 0.01% | +857+16.0% | Added |
| Evolve Private Wealth, LLC | 6,207 | $602.9K | 0.04% | +6,207 | New |
| JFS Wealth Advisors, LLC | 6,200 | $602.2K | 0.03% | +166+2.8% | Added |
| Krilogy Financial LLC | 6,088 | $602.0K | 0.02% | +286+4.9% | Added |
| Vise Technologies, Inc. | 6,189 | $601.2K | 0.01% | +1,434+30.2% | Added |
| Hoxton Planning & Management, LLC | 6,126 | $595.0K | 0.18% | +13+0.2% | Added |
| Chicago Partners Investment Group LLC | 6,031 | $591.3K | 0.01% | −157−2.5% | Reduced |
| NorthRock Partners, LLC | 6,074 | $590.0K | 0.01% | −8,693−58.9% | Reduced |
| Shay Capital LLC | 6,050 | $587.6K | 0.09% | +6,050 | New |
| Whalen Wealth Management Inc. | 6,031 | $585.8K | 0.31% | +6,031 | New |
| Arkadios Wealth Advisors | 6,006 | $583.3K | 0.01% | −17−0.3% | Reduced |
| Delta Capital Management LLC | 5,995 | $582.0K | 0.33% | 00.0% | Unchanged |
| Stanley-Laman Group, Ltd. | 5,982 | $581.0K | 0.07% | +31+0.5% | Added |
| Mather Group, LLC. | 5,865 | $569.7K | 0.01% | +1,485+33.9% | Added |
| TCW Group Inc | 5,859 | $569.1K | 0.00% | +5,859 | New |
| Means Investment Co., Inc. | 5,801 | $563.5K | 0.05% | +29+0.5% | Added |
| Cypress Asset Management Inc | 5,789 | $562.3K | 0.12% | −2,130−26.9% | Reduced |
| Manchester Capital Management LLC | 5,767 | $560.1K | 0.08% | +252+4.6% | Added |
| Sunbelt Securities, Inc. | 5,751 | $558.6K | 0.04% | −67−1.2% | Reduced |
| Gabelli Funds LLC | 5,746 | $558.1K | 0.00% | −1,179−17.0% | Reduced |
| Skopos Labs, Inc. | 5,609 | $554.5K | 0.03% | +2,598+86.3% | Added |
| Tyche Wealth Partners LLC | 5,679 | $551.6K | 0.09% | +5,679 | New |
| Hancock Whitney Corp | 5,640 | $547.6K | 0.01% | −3,483−38.2% | Reduced |
| Meeder Advisory Services, Inc. | 5,599 | $543.9K | 0.02% | +426+8.2% | Added |
| Savant Capital, LLC | 5,586 | $542.6K | 0.00% | +211+3.9% | Added |
| Syon Capital LLC | 5,583 | $542.3K | 0.03% | +35+0.6% | Added |
| Bridgelight Financial Advisors, Inc. | 5,526 | $536.7K | 0.46% | +5,526 | New |
| Parallel Advisors, LLC | 5,522 | $536.4K | 0.01% | +807+17.1% | Added |
| Wealth Alliance | 5,497 | $533.9K | 0.05% | +5,497 | New |
| American National Bank | 5,415 | $526.0K | 0.05% | 00.0% | Unchanged |
| Wedmont Private Capital | 5,236 | $525.7K | 0.02% | +475+10.0% | Added |
| Sompo Asset Management Co., Ltd. | 5,410 | $525.5K | 0.09% | −100−1.8% | 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 |
| Arrowstreet Capital, Limited Partnership | 5,340 | $518.7K | 0.00% | −278,552−98.1% | Reduced |
| Citizens Financial Group Inc | 5,316 | $516.4K | 0.01% | +1,386+35.3% | Added |
| Chilton Investment Co LLC | 5,293 | $514.1K | 0.01% | 00.0% | Unchanged |
| Perigon Wealth Management, LLC | 5,279 | $512.8K | 0.01% | +434+9.0% | Added |
| Allred Capital Management, LLC | 5,264 | $511.3K | 0.18% | +4+0.1% | Added |
| Elm3 Financial Group, LLC | 5,168 | $502.0K | 0.42% | +1,348+35.3% | Added |
| Wellspring Financial Advisors, LLC | 5,135 | $498.8K | 0.04% | +5,135 | New |
| Change Path, LLC | 5,106 | $496.0K | 0.01% | −5,415−51.5% | Reduced |
| Advisors Capital Management, LLC | 5,059 | $491.4K | 0.01% | +71+1.4% | Added |
| Cynosure Management, LLC | 5,032 | $488.8K | 0.05% | −304−5.7% | Reduced |
| Welch Group, LLC | 5,029 | $488.5K | 0.02% | +78+1.6% | Added |
| Private Wealth Partners, LLC | 5,020 | $487.6K | 0.03% | −3,000−37.4% | Reduced |
| Malaga Cove Capital, LLC | 4,997 | $485.4K | 0.17% | −176−3.4% | Reduced |
| Evoke Wealth, LLC | 4,978 | $483.5K | 0.01% | +789+18.8% | Added |
| Thomasville National Bank | 4,937 | $479.5K | 0.03% | −500−9.2% | Reduced |
| NewEdge Wealth, LLC | 4,913 | $477.2K | 0.01% | +4,913 | New |
| Boyar Asset Management Inc. | 4,896 | $475.5K | 0.30% | 00.0% | Unchanged |
| Optimize Financial Inc | 4,890 | $475.0K | 0.24% | +68+1.4% | Added |
| Mayflower Financial Advisors, LLC | 4,883 | $474.3K | 0.06% | +14+0.3% | Added |
| Donaldson Capital Management, LLC | 4,868 | $472.8K | 0.02% | +750+18.2% | Added |
| Crestwood Advisors Group LLC | 4,859 | $472.0K | 0.01% | −327−6.3% | Reduced |
| Harvest Investment Services, LLC | 4,830 | $469.1K | 0.09% | +45+0.9% | Added |
| Warren Averett Asset Management, LLC | 4,809 | $467.1K | 0.00% | +1,746+57.0% | Added |
| SRS Capital Advisors, Inc. | 4,802 | $466.4K | 0.01% | −79,551−94.3% | Reduced |
| Massmutual Trust Co FSB | 4,789 | $465.2K | 0.01% | −589−11.0% | Reduced |
| Rosenberg Matthew Hamilton | 4,785 | $464.8K | 0.10% | 00.0% | Unchanged |
| Colonial Trust Co | 4,755 | $461.9K | 0.06% | −112−2.3% | Reduced |
| Tranquility Partners, LLC | 4,740 | $460.4K | 0.17% | −2,526−34.8% | Reduced |
| Quotient Wealth Partners, LLC | 4,700 | $456.5K | 0.01% | −445−8.6% | Reduced |
| Profund Advisors LLC | 4,692 | $455.7K | 0.01% | −1,491−24.1% | Reduced |
| LWM Advisory Services, LLC | 4,676 | $454.2K | 0.27% | 00.0% | Unchanged |
| We Are One Seven, LLC | 4,670 | $453.6K | 0.01% | +391+9.1% | Added |
| Brown Advisory Inc | 4,668 | $453.4K | 0.00% | +2,321+98.9% | Added |
| Diversified Trust Co | 4,638 | $450.5K | 0.01% | −39−0.8% | Reduced |
| Sivia Capital Partners, LLC | 4,616 | $448.4K | 0.09% | +4,616 | New |
| Erste Asset Management GmbH | 4,516 | $446.5K | 0.00% | +1,073+31.2% | Added |
| Principal Securities, Inc. | 4,595 | $446.4K | 0.01% | +313+7.3% | Added |