NDAQ
Nasdaq, Inc. · Financial Services · Financial - Data & Stock Exchanges
Momentum inputs (comparable managers):
holder breadth -4.5% ·
share flow +3.0% ·
net new positions -4.8%
· formula
Concentrated accumulation: rising shares among fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 157 | +3 | 327.60M | $25.78B | +8 | −6 |
| Q1 2026 | 158 | -3 | 326.05M | $27.66B | +3 | −7 |
| Q4 2025 | 160 | -2 | 363.12M | $35.27B | +1 | −2 |
| Q3 2025 | 25 | +2 | 205.97M | $18.21B | +2 | −1 |
| Q2 2025 | 21 | -1 | 188.06M | $16.81B | +1 | −2 |
| Q1 2025 | 19 | 0 | 87.76M | $6.65B | +1 | −1 |
| Q4 2024 | 19 | +1 | 89.40M | $6.91B | +2 | −1 |
| Q3 2024 | 17 | +1 | 77.60M | $5.66B | +3 | −2 |
| Q2 2024 | 16 | n/a | 49.57M | $2.99B | n/a | n/a |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | The Vanguard Group ✦ (passive) | 55.80M | n/a | $4.99B | 0.1% | n/c | 1 | SEC ↗ ×5 |
| 2 | Wellington Management ✦ | 41.24M | +26.0% | $3.69B | 0.7% | ▲ Add | 5 | SEC ↗ ×9 |
| 3 | BlackRock ✦ (passive) | 37.08M | n/a | $3.32B | 0.1% | n/c | 1 | SEC ↗ ×22 |
| 4 | State Street Global Advisors ✦ (passive) | 18.21M | -0.6% | $1.63B | 0.1% | ▼ Trim | 3 | SEC ↗ |
| 5 | Geode Capital Management ✦ (passive) | 11.46M | +0.8% | $1.02B | 0.1% | ▲ Add | 5 | SEC ↗ ×2 |
| 6 | Harris Associates (Oakmark) ✦ | 7.77M | -10.6% | $694.95M | 1.1% | ▼ Trim | 5 | SEC ↗ ×2 |
| 7 | Norges Bank ✦ (passive) | 4.55M | -4.4% | $406.82M | 0.1% | ▼ Trim | 5 | SEC ↗ |
| 8 | Citadel Advisors ✦ | 1.98M | +1274.9% | $176.86M | 0.2% | ▲ Add | 5 | SEC ↗ ×2 |
| 9 | Fidelity (FMR) ✦ | 1.93M | n/a | $172.19M | 0.0% | n/c | 1 | SEC ↗ ×6 |
| 10 | Two Sigma Investments ✦ | 1.78M | +149.9% | $159.58M | 0.3% | ▲ Add | 5 | SEC ↗ |
| 11 | Renaissance Technologies ✦ | 1.14M | -6.6% | $101.64M | 0.1% | ▼ Trim | 4 | SEC ↗ |
| 12 | AQR Capital Management ✦ | 1.02M | +205.1% | $91.26M | 0.1% | ▲ Add | 5 | SEC ↗ ×7 |
| 13 | D. E. Shaw & Co. ✦ | 1.00M | +1194.4% | $89.75M | 0.1% | ▲ Add | 2 | SEC ↗ ×2 |
| 14 | Millennium Management ✦ | 969.43K | +642.8% | $86.69M | 0.1% | ▲ Add | 5 | SEC ↗ |
| 15 | T. Rowe Price ✦ | 596.15K | +0.3% | $53.31M | 0.0% | ▲ Add | 5 | SEC ↗ ×2 |
| 16 | Adage Capital Partners ✦ | 578.64K | -15.8% | $51.74M | 0.1% | ▼ Trim | 5 | SEC ↗ |
| 17 | Arrowstreet Capital ✦ | 514.45K | +71.0% | $46.00M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 18 | Gotham Asset Management ✦ | 185.43K | +63.8% | $16.58M | 0.1% | ▲ Add | 5 | SEC ↗ |
| 19 | Capital World Investors ✦ | 147.84K | -97.8% | $13.22M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 20 | Marshall Wace ✦ | 97.82K | New | $8.75M | 0.0% | New | 1 | SEC ↗ ×2 |
| 21 | GAMCO Investors ✦ | 4.68K | -8.1% | $418,575 | 0.0% | ▼ Trim | 4 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value: the conviction measure. ✦ = curated manager.
New buyers
| Marshall Wace | $8.75M | 0.0% |
Exited
| Soros Fund Management | $47.46M | was 1.2% |
| Point72 Asset Management | $12.25M | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 1,081 holders, 466.30M shares, $38.49B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold: shared-ownership counts, not fundamental relationships.
Open-market purchases (P)
No open-market insider purchases in our coverage window.
Open-market sales (S)
Officer · 1.12K sh · $105,896
Officer · 1.12K sh · $106,875
Officer · 1.12K sh · $105,998
Officer · 3.23K sh · $310,212
Officer · 2.25K sh · $213,188
Officer · 6.00K sh · $573,300
Awards, exercises and tax withholding are never counted as buys or sales here. Methodology