Who owns NDAQ
Institutions that file 13Fs hold 85% of the shares
Shares they hold, quarter on quarter
+1.1%
118 new, 382 added, 373 cut, 135 sold out
Top 10 holders
55%
of the shares institutions hold
A 13F lists the long positions of managers with more than $100M in US stocks. It shows the last day of a quarter and is filed up to 45 days later. Two managers can report the same shares, so totals can count some shares twice.
Two kinds of filings agree
Smart money agrees
13F: Bill Nygren added +1% in the quarter ending Jun 30, 2026.
Form 4: INVESTOR AB / Innax AB (10% owner) bought $4.9M in the open market since 2026-04-01.
Institutional owners
The 25 biggest holders
| Holder | Shares | Value | % of company | From Mar 31, 2026 |
|---|---|---|---|---|
| INVESTOR AB | 58.44M | $4.6B | 10.53% | Held |
| BlackRock, Inc. | 37.19M | $2.9B | 6.70% | Reduced -2.6% |
| VANGUARD CAPITAL MANAGEMENT LLC | 31.23M | $2.5B | 5.63% | Held |
| WELLINGTON MANAGEMENT GROUP LLP | 30.33M | $2.4B | 5.47% | Reduced -16.4% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 26.09M | $2.1B | 4.70% | Held |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 23.26M | $1.8B | 4.19% | Reduced -20.0% |
| STATE STREET CORP | 20.18M | $1.6B | 3.64% | Added +2.4% |
| GEODE CAPITAL MANAGEMENT, LLC | 13.12M | $1.0B | 2.36% | Added +1.1% |
| MORGAN STANLEY | 11.36M | $895.1M | 2.05% | Added +10.7% |
| FRANKLIN RESOURCES INC | 9.10M | $717.6M | 1.64% | Reduced -0.8% |
| HARRIS ASSOCIATES L P | 8.09M | $637.9M | 1.46% | Added +1.0% |
| UBS Group AG | 7.88M | $621.4M | 1.42% | Added +12.8% |
| BANK OF AMERICA CORP /DE/ | 7.66M | $603.6M | 1.38% | Reduced -2.4% |
| NORGES BANK | 6.69M | $527.4M | 1.21% | New |
| Select Equity Group, L.P. | 5.65M | $445.0M | 1.02% | Added +1.5% |
| AMERIPRISE FINANCIAL INC | 5.36M | $419.2M | 0.97% | Held |
| Nuveen, LLC | 5.20M | $409.5M | 0.94% | Reduced -11.4% |
| GOLDMAN SACHS GROUP INC | 4.95M | $390.0M | 0.89% | Added +11.3% |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 4.79M | $377.8M | 0.86% | Added +5.7% |
| FMR LLC | 4.59M | $362.0M | 0.83% | Added +11.8% |
| NORTHERN TRUST CORP | 4.12M | $325.1M | 0.74% | Reduced -3.0% |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 3.88M | $306.1M | 0.70% | Added +4.8% |
| JPMORGAN CHASE & CO | 3.66M | $280.9M | 0.66% | Added +126.6% |
| Invesco Ltd. | 3.28M | $258.7M | 0.59% | Reduced -26.8% |
| Mariner, LLC | 3.16M | $248.9M | 0.57% | Added +6.3% |
Show the other 15 holders
This quarter
Who bought and who sold the most shares
Bought the most shares
- NORGES BANK +6.69M, new
- JANE STREET GROUP, LLC +2.86M
- JPMORGAN CHASE & CO +2.04M
- BARCLAYS PLC +1.84M
- MORGAN STANLEY +1.10M
- LOS ANGELES CAPITAL MANAGEMENT LLC +1.00M
- Nykredit A/S +962K, new
- D. E. Shaw & Co., Inc. +916K
- UBS Group AG +895K
- TWO SIGMA INVESTMENTS, LP +705K
Sold the most shares
- WELLINGTON MANAGEMENT GROUP LLP -5.95M
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ -5.80M
- NEUBERGER BERMAN GROUP LLC -1.49M
- Invesco Ltd. -1.20M
- BlackRock, Inc. -976K
- PRINCIPAL FINANCIAL GROUP INC -788K
- Stony Point Capital LLC -733K, sold out
- Nuveen, LLC -670K
- Freestone Grove Partners LP -601K, sold out
- Zurich Insurance Group Ltd/FI -588K
Superinvestors
Superinvestors holding NDAQ
| Investor | Quarter | Shares | Value | % of portfolio | Last quarter |
|---|---|---|---|---|---|
| Bill Nygren Harris Associates (Oakmark) | Jun 30, 2026 | 8.09M | $637.9M | 0.86% | Added +1.0% |
More than 5%
13D filings: owners who may push for change
No Schedule 13D about NDAQ in the last year.