Nasdaq Ownership | Who Owns Nasdaq?

Overview Forecast RevenueFinancials Chart Transcripts

Nasdaq Ownership Summary

Nasdaq is owned by 83.53% institutional investors, 11.00% insiders, and 5.47% retail investors. Vanguard group is the largest institutional shareholder, holding 10.50% of NDAQ shares. Vanguard MStar Total Stk Mkt Idx Invest is the top mutual fund, with 2.90% of its assets in Nasdaq shares.

NDAQ Ownership Benchmark

Type	Name	% Inst	% Insiders	% Retail
Stock	Nasdaq	83.53%	11.00%	5.47%
Sector	Financial Services Stocks	493.55%	13.79%	-407.34%
Industry	Financial Data & Stock Exchanges Stocks	71.83%	15.11%	13.06%

Institutional Shareholders

Top Institutional Shareholders by Total Shares

Holder	Shares	% Holding	Value
Vanguard group	59.92M	10.50%	$5.82B
Investor ab	58.44M	10.31%	$4.61B
Blackrock funding, inc. /de	37.19M	6.56%	$2.93B
Blackrock	33.33M	5.79%	$2.01B
Vanguard capital management	31.23M	5.51%	$2.46B
Wellington management group llp	30.33M	5.35%	$2.39B
Massachusetts financial services co /ma/	23.26M	4.10%	$1.83B
State street	20.18M	3.56%	$1.59B
Geode capital management	13.12M	2.31%	$1.03B
Morgan stanley	11.36M	2.00%	$895.06M

Top Institutional Shareholders by % of Total Assets

Holder	Shares	% Assets	Value
Investor ab	58.44M	31.98%	$4.61B
Round hill asset management	86.48K	4.28%	$6.82M
Bluemar capital management	30.27K	3.80%	$1.82M
Mcrae capital management	219.94K	3.41%	$17.34M
Gillson capital lp	709.16K	3.29%	$55.90M
Dundas partners llp	512.02K	2.92%	$40.36M
Guinness atkinson asset management	77.85K	2.75%	$6.14M
Raub brock capital management lp	116.40K	2.53%	$9.17M
First fiduciary investment counsel	166.79K	2.48%	$13.15M
Otter creek advisors	26.09K	2.29%	$2.31M

Top Buyers

Holder	Shares	% Assets	Change
Norges bank	6.69M	0.05%	6.69M
Jane street group	2.97M	0.02%	2.86M
Sixth street partners management company	2.83M	0.03%	2.83M
Jpmorgan chase	3.66M	0.02%	2.04M
Barclays	3.16M	0.05%	1.84M

Top Sellers

Holder	Shares	% Assets	Change
Thoma bravo	-	-	-42.80M
Wellington management group llp	30.33M	0.41%	-5.95M
Massachusetts financial services co /ma/	23.26M	0.58%	-5.80M
Farallon capital management	-	-	-2.99M
Winslow capital management	-	-	-2.57M

New Positions

Holder	Shares	% Assets	Change	Value
Norges bank	6.69M	0.05%	6.69M	$527.40M
Sixth street partners management company	2.83M	0.03%	2.83M	$222.94M
Westfield capital management co lp	635.71K	0.16%	635.71K	$50.11M
Private capital advisors	242.82K	1.68%	242.82K	$19.14M
Fenimore asset management	217.08K	0.35%	217.08K	$17.11M

Sold Out

Holder	Change
Tidemark	-3.00
Ruedi wealth management	-3.00
Gps wealth strategies group	-5.00
Mendota financial group	-5.00
Redwood wealth management group	-5.00

Institutional Ownership Trends

Date	Holdings	Change %	Shares	Change %	Ownership	Change %	Increased Position	Change %	Decreased Position	Change %
Jun 30, 2026	1,096	-2.75%	473,439,158	1.15%	83	1.24%	523	-2.61%	406	-0.25%
Mar 31, 2026	780	-30.67%	203,836,423	-57.54%	35	0.50%	365	-38.55%	276	-21.14%
Dec 31, 2025	909	-15.76%	305,269,568	-35.69%	53	0.78%	478	-14.95%	279	-8.82%
Sep 30, 2025	1,025	-2.38%	469,974,984	-1.70%	81	1.18%	534	-7.61%	289	-4.62%
Jun 30, 2025	1,043	9.33%	477,673,692	-0.50%	83	1.19%	575	12.30%	301	4.15%

Top Mutual Funds Shareholders

Holder	Shares	% Holding	Change
Vanguard MStar Total Stk Mkt Idx Invest	16.21M	2.90%	46.35K
Vanguard Morn Total Stk Mkt Idx Investor	16.16M	2.89%	-123.38K
Vanguard Wellington™ Inv	16.47M	2.87%	3.58M
Vanguard Total Stock Mkt Idx Inv	16.16M	2.86%	-123.38K
Vanguard US Total Market Shares ETF	14.57M	2.53%	10.66K
Vanguard 500 Index Investor	11.73M	2.10%	123.05K
Vanguard Institutional 500 Index Trust	11.77M	2.05%	80.57K
Vanguard Morn Mid Cap Index Instl	11.03M	1.97%	-69.24K
Vanguard MStar Mid Cap Index Instl	11.02M	1.97%	-14.75K
Vanguard Mid Cap Index Institutional	11.03M	1.95%	-69.24K

Recent Insider Transactions

Date	Name	Role	Activity	Value
Sep 10, 2026	SKULE JEREMY	EVP, CSO	Sell	$106.00K
Aug 10, 2026	SKULE JEREMY	EVP, CSO	Sell	$213.19K
Aug 10, 2026	Griggs PC Nelson	Pres. Capital Access Platforms	Sell	$310.21K
Aug 07, 2026	Peterson Bradley J	EVP, CIO	Sell	$573.30K
Aug 03, 2026	Smith Bryan Everard	EVP, CPO	Sell	$147.93K

Insider Transactions Trends

Date	Buy	Sell
2026 Q3	-	9
2026 Q2	1	7
2026 Q1	2	6
2025 Q4	-	4
2025 Q3	-	6

NDAQ Ownership FAQ

Who Owns Nasdaq?

Nasdaq shareholders are primarily institutional investors at 83.53%, followed by 11.00% insiders and 5.47% retail investors. The average institutional ownership in Nasdaq's industry, Financial Data & Stock Exchanges Stocks, is 71.83%, which Nasdaq exceeds.

Who owns the most shares of Nasdaq?

Nasdaq’s largest shareholders are Vanguard group (59.92M shares, 10.50%), Investor ab (58.44M shares, 10.31%), and Blackrock funding, inc. /de (37.19M shares, 6.56%). Together, they hold 27.37% of Nasdaq’s total shares outstanding.

Does Blackrock own Nasdaq?

Yes, BlackRock owns 5.79% of Nasdaq, totaling 33.33M shares as of Jun 2024. This represents 0.05% of BlackRock's total assets, with a market value of 2.01B$. In the last quarter, BlackRock increased its holdings by 93.43K shares, a 0.28% change.

Who is Nasdaq’s biggest shareholder by percentage of total assets invested?

Investor ab is Nasdaq’s biggest shareholder by percentage of total assets invested, with 31.98% of its assets in 58.44M Nasdaq shares, valued at 4.61B$.

Who is the top mutual fund holder of Nasdaq shares?

Vanguard MStar Total Stk Mkt Idx Invest is the top mutual fund holder of Nasdaq shares, with 2.90% of its total shares outstanding invested in 16.21M Nasdaq shares.

Try Tickergate Pro Free

Customize Everything. 100% Flexibility. Fast and Easy to Use (No code or Excel Needed)

Customize your own personal stocks lists, views and charts
Choose from hundreds of fields, up to 15 years of history
Conduct deep comparison analysis

Discover trending investment themes
Find your next best investment
Research stocks using tools