Who owns Nasdaq?What is institutional ownership? Institutional ownership is the share of a company's stock held by funds, banks and other investment managers, as they report it each quarter on Form 13F.
Institutions own 83.9% of Nasdaq's shares, through 1,117 funds, banks and other managers that report their holdings to the SEC; individual investors and others hold the rest. The largest on 30 June 2026 were Investor Ab (10.4%), BlackRock, Inc. (6.6%), Vanguard Capital Management LLC (5.5%).
- Institutions ownWhat is institutional ownership? Institutional ownership is the share of a company's stock held by funds, banks and other investment managers, as they report it each quarter on Form 13F.
- 83.9%
- Institutional holders
- 1,117
- The 10 largest hold
- 46.1%
- Free floatWhat is free float? Free float is the part of a company's shares that anyone can buy and sell: all its shares minus those held by insiders, founders and owners of over 5%.
- 77.8%
- Holdings as of
- 30 Jun 2026
Who owns the shares
Shares free to trade
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
The largest shareholders
| # | Holder | Shares | Of the company | Value | Change last quarter (shares) |
|---|---|---|---|---|---|
| 1 | Investor Ab | 58,439,208 | 10.36% | 4.61B USD | +56,782 |
| 2 | BlackRock, Inc. | 37,194,072 | 6.59% | 2.93B USD | -975,710 |
| 3 | Vanguard Capital Management LLC | 31,225,614 | 5.53% | 2.46B USD | -12,194 |
| 4 | Wellington Management Group LLP | 30,332,286 | 5.38% | 2.39B USD | -5,946,692 |
| 5 | Vanguard Portfolio Management LLC | 26,091,520 | 4.62% | 2.06B USD | -12,171 |
| 6 | Massachusetts Financial Services Co | 23,259,539 | 4.12% | 1.83B USD | -5,800,900 |
| 7 | State Street Corp | 20,181,861 | 3.56% | 1.59B USD | +467,156 |
| 8 | Geode Capital Management, LLC | 13,121,054 | 2.33% | 1.03B USD | +143,896 |
| 9 | Morgan Stanley | 11,355,733 | 2.01% | 895.06M USD | +1,100,229 |
| 10 | Franklin Templeton Inc | 9,104,529 | 1.61% | 717.62M USD | -69,619 |
| 11 | Harris Associates L P | 8,092,686 | 1.43% | 637.87M USD | +82,503 |
| 12 | UBS Group AG | 7,883,784 | 1.40% | 621.40M USD | +895,415 |
| 13 | Bank Of America Corp | 7,658,344 | 1.36% | 603.63M USD | -185,330 |
| 14 | Norges Bank | 6,691,237 | 1.19% | 527.40M USD | New position |
| 15 | Select Equity Group, L.P. | 5,646,320 | 1.00% | 445.04M USD | +83,194 |
| 16 | Ameriprise Financial Inc | 5,355,911 | 0.95% | 419.25M USD | +24,050 |
| 17 | Nuveen, LLC | 5,195,607 | 0.92% | 409.52M USD | -669,988 |
| 18 | Goldman Sachs Group Inc | 4,948,069 | 0.88% | 390.01M USD | +501,830 |
| 19 | Manufacturers Life Insurance Company, The | 4,793,430 | 0.85% | 377.82M USD | +258,090 |
| 20 | FMR LLC | 4,593,229 | 0.81% | 362.04M USD | +483,759 |
| 21 | Northern Trust Corp | 4,124,610 | 0.73% | 325.10M USD | -126,805 |
| 22 | UBS AM | 3,884,101 | 0.69% | 306.14M USD | +177,114 |
| 23 | JPMorgan Chase & Co | 3,655,221 | 0.65% | 280.89M USD | +2,042,229 |
| 24 | Invesco Ltd. | 3,281,720 | 0.58% | 258.67M USD | -1,200,358 |
| 25 | Mariner, LLC | 3,159,120 | 0.56% | 248.92M USD | +187,208 |
All institutions last quarter
- Bought or added
- 648 · 117 new
- Sold or cut
- 547 · 129 sold out
- Net shares bought
- +7.54M · 593.93M USD
- Institutional ownership
- 82.6% → 83.9%
Biggest buyers last quarter
- Norges BankNew position
- Jane Street Group, LLC+2,863,049
- Sixth Street Partners Management Company, L.P.New position
- JPMorgan Chase & Co+2,042,229
- Barclays PLC+1,844,889
Biggest sellers last quarter
- Wellington Management Group LLP-5,946,692
- Massachusetts Financial Services Co-5,800,900
- Neuberger Berman Group LLC-1,488,676
- Invesco Ltd.-1,200,358
- BlackRock, Inc.-975,710
From the holders' 13F filings with the SEC for the quarter to 30 Jun 2026, filed up to 45 days after it; the buyers and sellers are among the 100 largest holders.
Common questions about Nasdaq's shareholders
Source: Financial Modeling Prep
