Nasdaq, Inc. (NDAQ) Shareholders & Insider Trades
Nasdaq shareholders at a glance
The largest holder of Nasdaq stock is Investor AB (Investment Company), with 58.4 million shares (10.45% of the company), worth about $5.76 billion as of September 25, 2026. The 10 largest holders together own 53.8%.
In Q2 2026, 1,130 institutional holdings reports listed 525.0 million shares worth $37.90 billion, up 12.2% in shares from Q1 2026.
Insiders reported 87 transactions in the last two years: 33 sales worth $88.90 million and 2 purchases. The newest one on file is from April 28, 2026 (Peterson Bradley J., Chief Technology Officer).
Major holders as of September 25, 2026; quarterly totals from institutional holdings reports (latest Q2 2026); insider transactions on file through April 28, 2026.
Nasdaq, Inc.
Shareholders Summary
2026Q2
Ownership by Type
Geographic Distribution
Largest Nasdaq shareholders
| Holder | Shares | % of company | Value |
|---|---|---|---|
| Investor AB (Investment Company) | 58.4 million | 10.45% | $5.8B |
| Investment Corporation of Dubai (Investment Company) | 58.4 million | 10.45% | $5.8B |
| Vanguard Capital Management LLC | 31.2 million | 5.59% | $3.1B |
| Wellington Trust Co., NA | 30.3 million | 5.43% | $3.0B |
| BlackRock Advisors LLC | 28.4 million | 5.09% | $2.8B |
| Vanguard Portfolio Management LLC | 26.1 million | 4.67% | $2.6B |
| MFS Investment Management Canada Ltd. | 23.3 million | 4.16% | $2.3B |
| State Street Corporation | 20.2 million | 3.61% | $2.0B |
| Geode Capital Management LLC | 13.1 million | 2.35% | $1.3B |
| Eaton Vance Management | 11.4 million | 2.03% | $1.1B |
As of September 25, 2026.
Nasdaq institutional holdings by quarter
| Quarter | Reports | Shares | Value |
|---|---|---|---|
| Q2 2026 | 1,130 | 525.0 million | $37.9B |
| Q1 2026 | 1,142 | 468.0 million | $39.7B |
| Q4 2025 | 1,143 | 482.0 million | $46.8B |
| Q3 2025 | 1,100 | 477.0 million | $42.1B |
| Q2 2025 | 1,073 | 482.0 million | $43.1B |
| Q1 2025 | 977 | 487.0 million | $36.9B |
| Q4 2024 | 959 | 479.0 million | $37.0B |
| Q3 2024 | 887 | 486.0 million | $35.2B |
Shares and value held by institutions that file quarterly holdings reports (options not included).
Nasdaq insider trades
| Insider | Date | Title | Transaction | Value |
|---|---|---|---|---|
| Peterson Bradley J. | Apr 28, 2026 | Chief Technology Officer | Sale at price 90.82 per share. | $700,222 |
| Tal Cohen | Apr 27, 2026 | Officer | Sale at price 90.75 per share. | $1.4M |
| Daly Michelle Lynn | Apr 24, 2026 | Officer | Sale at price 88.82 - 88.85 per share. | $117,513 |
| Tal Cohen | Apr 1, 2026 | Officer | Stock Award(Grant) at price 0.00 per share. | – |
| Zecca John | Apr 1, 2026 | Officer | Stock Award(Grant) at price 0.00 per share. | – |
| Skule Jeremy | Apr 1, 2026 | Officer | Stock Award(Grant) at price 0.00 per share. | – |
| Youngwood Sarah | Apr 1, 2026 | Chief Financial Officer | Stock Award(Grant) at price 0.00 per share. | – |
| Smith Bryan Everard | Apr 1, 2026 | Officer | Stock Award(Grant) at price 0.00 per share. | – |
| Daly Michelle Lynn | Apr 1, 2026 | Officer | Stock Award(Grant) at price 0.00 per share. | – |
| Peterson Bradley J. | Apr 1, 2026 | Chief Technology Officer | Stock Award(Grant) at price 0.00 per share. | – |
| Griggs P C Nelson | Apr 1, 2026 | Officer | Stock Award(Grant) at price 0.00 per share. | – |
| Friedman Adena T | Apr 1, 2026 | Chief Executive Officer | Stock Award(Grant) at price 0.00 per share. | – |
Newest 12 of 87 insider transactions in the last two years.
Questions and answers
Who owns the most Nasdaq stock?
Investor AB (Investment Company), with 10.45% of the company (as of September 25, 2026). Next: Investment Corporation of Dubai (Investment Company) (10.45%) and Vanguard Capital Management LLC (5.59%).
How many institutions own Nasdaq stock?
1,130 institutional holdings reports listed Nasdaq shares in Q2 2026, 525.0 million shares in all worth $37.90 billion.
Are Nasdaq insiders buying or selling the stock?
In the last two years insiders reported 33 sales and 2 purchases (87 transactions in all); the newest on file is from April 28, 2026.
