NASDAQ, INC. - Common Stock (NDAQ)

Historical Holders from Q1 2014 to Q4 2025

Type / Class: Equity / Common Stock
Symbol: NDAQ on Nasdaq
Shares outstanding: 574,094,379
Price per share: $97.13
All holders as of 30 Sep 2025: Q3 2025
Total 13F shares as of 30 Sep 2025: 474,515,508
Holdings value: $41,951,270,637
% of all portfolios: 0.02%
Share change: -4,814,600
Value change: -$434,756,478
Average buys %: +0%
Average sells %: -0%
Number of holders: 1,030
Price from insider filings: $100.01

Reported Shares, Excluding Options vs Price

Reported Value, Excluding Options

Total Investors

Significant Owners of NASDAQ, INC. - Common Stock (NDAQ) based on Schedule 13D/G filings

Filer	Ownership	Change %	Holdings Value	Net Change	Nb Shares	Change %	Reporting Name	Report Period
VANGUARD GROUP INC	10%		$5,275,865,722		59,648,406		The Vanguard Group	30 Sep 2025
WELLINGTON MANAGEMENT GROUP LLP	7.2%	+25%	$3,266,394,097	+$673,887,471	41,237,143	+26%	Wellington Management Group LLP	30 Jun 2025
Argus Seller, LP	4.4%		$1,790,836,752		25,474,207		Argus Seller, LP	07 May 2025

As of 30 Sep 2025, NASDAQ, INC. - Common Stock (NDAQ) has 1,030 institutional shareholders filing 13F forms. They hold 474,515,508 shares of 574,094,379 outstanding shares (83%) .

Top 25 institutional shareholders own 59% of the company.

Filer	Ownership	Nb Shares	Share Change %	Portfolio %	Holdings Value
VANGUARD GROUP INC	10%	59,648,406	+6.9%	0.08%	$5,275,901,511
INVESTOR AB	10%	58,182,426	0%	100%	$5,146,235,580
BlackRock, Inc.	7%	40,165,064	+8.3%	0.06%	$3,552,599,905
WELLINGTON MANAGEMENT GROUP LLP	6.9%	39,802,892	-3.5%	0.62%	$3,520,565,797
MASSACHUSETTS FINANCIAL SERVICES CO /MA/	4.6%	26,368,803	-3.3%	0.72%	$2,332,320,626
STATE STREET CORP	3.4%	19,619,192	+7.7%	0.06%	$1,735,317,532
GEODE CAPITAL MANAGEMENT, LLC	2.2%	12,473,317	+8.9%	0.07%	$1,099,118,271
FRANKLIN RESOURCES INC	1.8%	10,582,893	-1.5%	0.23%	$936,056,886
BANK OF AMERICA CORP /DE/	1.2%	6,931,446	-2%	0.05%	$613,086,377
HARRIS ASSOCIATES L P	1%	5,905,409	-24%	0.84%	$522,333,401
GOLDMAN SACHS GROUP INC	1%	5,793,573	+2.2%	0.07%	$512,441,495
MORGAN STANLEY	0.99%	5,698,719	+5.5%	0.03%	$504,051,936
AMERIPRISE FINANCIAL INC	0.99%	5,660,331	-4%	0.12%	$500,333,586
MANUFACTURERS LIFE INSURANCE COMPANY, THE	0.88%	5,068,276	-17%	0.37%	$448,289,041
Invesco Ltd.	0.88%	5,044,521	+12%	0.07%	$446,187,870
NORTHERN TRUST CORP	0.73%	4,198,608	+2.9%	0.05%	$371,366,877
UBS Group AG	0.73%	4,168,782	-4.7%	0.07%	$368,728,769
FARALLON CAPITAL MANAGEMENT LLC	0.63%	3,623,043	-11%	1.8%	$320,458,153
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC	0.61%	3,529,220	-23%	0.07%	$312,159,510
Nuveen, LLC	0.58%	3,336,949	+4.9%	0.08%	$295,153,139
Select Equity Group, L.P.	0.52%	2,970,652	+141%	1.1%	$262,754,169
Amundi	0.51%	2,939,790	-17%	0.08%	$259,201,283
BESSEMER GROUP INC	0.51%	2,927,331	-9.5%	0.4%	$258,921,000
Legal & General Group Plc	0.49%	2,809,452	+3.1%	0.06%	$248,496,031
Mariner, LLC	0.49%	2,804,678	+5.2%	0.32%	$248,080,377

Institutional Holders of NASDAQ, INC. - Common Stock (NDAQ) across Reporting Periods

Period	Reported Shares, Excl. Options	Value, Excl. Options	Value Change	Puts Notional Value	Calls Notional Value	Price	Investors
2025 Q4	2,239,901	$217,381,019	-$18,468,438			$97.13	35
2025 Q3	474,515,508	$41,951,270,637	-$434,756,478	$78,297,469	$114,309,515	$88.45	1,030
2025 Q2	478,482,292	$42,771,378,662	+$482,255,526	$55,213,008	$93,327,648	$89.42	1,011
2025 Q1	480,423,850	$36,428,647,390	+$234,028,216	$77,865,735	$75,275,465	$75.86	914
2024 Q4	477,196,264	$36,913,786,126	+$247,320,752	$135,399,177	$102,811,788	$77.31	884
2024 Q3	471,210,592	$34,392,608,420	-$607,113,600	$73,337,734	$65,778,203	$73.01	833
2024 Q2	477,951,404	$28,814,113,578	+$190,372,370	$28,750,046	$49,554,304	$60.26	750
2024 Q1	475,172,499	$29,966,069,469	+$2,671,481,659	$34,307,470	$38,028,170	$63.10	756
2023 Q4	542,650	$31,550,539	-$2,708,378			$58.14	8
2023 Q3	353,851,805	$17,197,317,481	-$118,619,859	$52,827,048	$54,700,337	$48.59	678
2023 Q2	355,548,804	$17,729,847,890	-$269,364,251	$52,312,590	$42,297,472	$49.85	672
2023 Q1	359,017,400	$19,622,590,524	-$272,690,963	$41,525,328	$35,766,268	$54.67	662
2022 Q4	363,414,314	$22,296,893,392	+$111,915,305	$78,937,719	$97,812,198	$61.35	697
2022 Q3	361,671,212	$20,505,289,638	+$13,603,763,499	$79,956,828	$71,001,000	$56.68	655
2022 Q2	120,411,437	$18,359,479,212	+$199,477,548	$57,006,655	$81,246,795	$152.54	614
2022 Q1	120,759,696	$21,527,101,372	-$16,181,028	$61,972,640	$69,065,000	$178.20	658
2021 Q4	123,301,408	$25,874,252,465	-$121,243,578	$179,190,336	$183,271,268	$210.01	694
2021 Q3	121,195,977	$23,387,013,942	-$4,835,759	$222,977,590	$131,921,820	$193.02	596
2021 Q2	119,966,771	$21,082,647,475	-$136,262,040	$49,911,000	$48,074,000	$175.80	583
2021 Q1	119,802,924	$17,660,519,188	-$390,885,133	$59,662,000	$336,159,188	$147.46	571
2020 Q4	99,184,357	$13,160,732,158	+$59,189,835	$38,953,144	$309,945,000	$132.74	561
2020 Q3	119,470,541	$14,656,853,315	-$131,573,334	$76,495,000	$291,855,000	$122.71	562
2020 Q2	122,382,895	$14,626,664,926	-$6,706,261	$30,832,000	$264,801,000	$119.47	520
2020 Q1	123,998,444	$11,784,417,026	-$226,377,414	$22,591,000	$226,296,000	$94.95	514
2019 Q4	124,115,470	$13,291,574,841	+$210,403,861	$15,260,033	$225,219,023	$107.10	524
2019 Q3	124,923,362	$12,411,523,302	-$123,869,844	$37,955,000	$213,609,000	$99.35	498
2019 Q2	106,986,186	$10,277,759,169	+$115,216,273	$33,266,000	$222,375,000	$96.17	500
2019 Q1	105,719,568	$9,250,486,039	+$165,698,234	$7,149,000	$202,033,000	$87.49	484
2018 Q4	121,786,239	$10,000,959,652	+$49,259,684	$24,837,000	$179,022,000	$81.57	505
2018 Q3	104,515,204	$8,966,251,337	-$23,857,035	$40,883,000	$179,081,000	$85.80	500
2018 Q2	125,275,714	$11,433,085,098	+$9,521,719	$45,224,000	$198,249,000	$91.27	504
2018 Q1	126,387,052	$10,895,324,545	-$86,523,915	$189,875,000	$27,272,000	$86.22	484
2017 Q4	125,811,114	$9,666,011,366	+$65,574,276	$56,546,000	$29,217,000	$76.83	495
2017 Q3	123,500,837	$9,578,208,985	+$42,138,077	$10,924,000	$14,434,000	$77.57	447
2017 Q2	124,821,794	$8,922,926,536	+$80,619,262	$7,300,000	$8,973,000	$71.49	439
2017 Q1	123,268,532	$8,560,884,767	+$593,896,981	$5,959,000	$10,424,000	$69.45	451
2016 Q4	122,223,161	$8,203,602,373	+$14,520,669	$22,619,000	$12,142,000	$67.12	456
2016 Q3	123,083,793	$8,308,596,792	-$59,659,464	$29,254,000	$10,306,000	$67.54	449
2016 Q2	122,799,556	$7,941,439,748	-$68,580,368	$38,150,000	$30,095,000	$64.67	450
2016 Q1	125,364,617	$8,316,618,010	-$14,525,158	$17,681,000	$30,453,000	$66.38	439
2015 Q4	124,794,405	$7,260,633,843	-$14,596,616	$5,742,000	$9,923,000	$58.17	413
2015 Q3	124,305,816	$6,641,275,295	-$61,242,794	$4,969,000	$8,148,000	$53.33	364
2015 Q2	125,270,921	$6,114,903,236	-$154,638,926	$15,479,000	$7,616,000	$48.81	372
2015 Q1	129,154,143	$6,574,302,505	+$115,604,094	$2,310,000	$4,976,000	$50.94	360
2014 Q4	128,368,176	$6,155,802,708	-$181,292,922	$5,610,000	$5,398,000	$47.96	354
2014 Q3	132,018,233	$5,591,584,879	-$133,669,182	$4,825,000	$48,356,000	$42.42	344
2014 Q2	135,554,017	$5,235,451,083	+$131,634,928	$7,984,000	$5,414,000	$38.62	320
2014 Q1	130,498,694	$4,818,598,778	+$153,334,785	$23,382,000	$5,347,000	$36.94	323