SEC ownership of NASDAQ, INC.

Top holders, 13D/G large-stake signals, insider positions, and transaction flow tied to CIK 0001120193.

Holder evidence

50

Lead holder

WELLINGTON MANAGEMENT GROUP LLP

13D/G signal

WELLINGTON MANAGEMENT GROUP LLP

Latest evidence

18 May 2026

Top shareholders Insider holders Latest transactions
Issuer identity 3 facts
CIK
0001120193
Symbol
NDAQ on Nasdaq
Location
New York, NY
Ownership snapshot 4 facts
SEC evidence mix
13D/G, 13F, and 3/4/5
Lead holder
WELLINGTON MANAGEMENT GROUP LLP
Latest large-stake holder
WELLINGTON MANAGEMENT GROUP LLP
Latest evidence date
18 May 2026

Ownership snapshot

Top shareholders of NASDAQ, INC. (13F + 13D/G + 3/4/5)

Grouped by holder across the latest SEC ownership disclosures. Start with comparable ownership when available, then verify the linked 13F, 13D/G, or 3/4/5 evidence.

Lead holder
WELLINGTON MANAGEMENT GRO...
13D/G signal
WELLINGTON MANAGEMENT GRO...
Evidence rows
50
Latest as of
18 May 2026
13D/G 13F 3/4/5 Lead comparable stake: 7.2% 13D/G row: WELLINGTON MANAGEMENT GROUP LLP Showing 1-8 of 50 holder rows.
Holder Evidence Ownership % Position 12M Net Δ As of
WELLINGTON MANAGEMENT GROUP LLP
13D/G 13F
Company
13D/G 13F
7.2%
$3,741,445,984
41,237,143 shares
 +$771,895,092 30 Jun 2025
VANGUARD CAPITAL MANAGEMENT LLC
13D/G 13F
Vanguard Capital Management · Company
13D/G 13F
6.3%
$3,035,909,610
35,762,865 shares
 $0 31 Mar 2026
MASSACHUSETTS FINANCIAL SERVICES CO /MA/
13F 13D/G
Company · Massachusetts Financial Services Company
13F 13D/G
5.1%
from 13D/G
$2,474,972,055
29,060,439 shares
 — 31 Mar 2026
Argus Seller, LP
3/4/5 13D/G
10%+ Owner
3/4/5 13D/G
4.4%
from 13D/G
$2,764,295,688
42,804,207 shares
 — 29 Jul 2024
INVESTOR AB
13F 3/4/5
Company · 10%+ Owner
13F 3/4/5
10%
from 3/4/5
$4,932,731,173
58,382,426 shares
 — 31 Mar 2026
Pc Nelson Griggs
3/4/5
Pres. Capital Access Platforms
3/4/5
0.04%
$21,654,370
233,798 shares
 -$812,594 18 May 2026
Michael R. Splinter
3/4/5
Director
3/4/5
0.04%
$22,142,434
227,967 shares
 — 30 Jan 2026
Cohen Tal
3/4/5
Pres. Market Platforms
3/4/5
0.04%
$19,530,126
215,208 shares
 -$1,408,259 27 Apr 2026
How to read this table

Rows are grouped by holder and ranked first by SEC-reported ownership % when it is safely comparable, then by disclosed holdings value. — indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.

Forms 3/4/5 flow

Insider trading overview

Net insider flow leans to selling over the last 12 months. Net value: -$67,583,489.

Buys
$16,793,360
Insiders: 2
Sells
$84,376,849
Insiders: 9
Net
-$67,583,489
Shares: -686,553
Window
Last 12 months
4 rolling buckets
Buy value Sell value
Shares: 212,000 Shares: 898,553
Window (months) Buy shares Sell shares Buy value Sell value Net value
0-3 0 242,095 $0 $21,291,098 -$21,291,098
3-6 212,000 608,839 $16,793,360 $58,792,979 -$41,999,619
6-9 0 13,053 $0 $1,171,959 -$1,171,959
9-12 0 34,566 $0 $3,120,813 -$3,120,813

Reporting owners

Insider holders from Forms 3/4/5

Showing 1-20 of 34 reporting-owner rows connected to NASDAQ, INC.. Open a relationship link for the CIK-to-CIK filing trail.

Rows
34
Lead holder
INVESTOR AB
Net 12M change
-$67,583,490
Latest report
18 May 2026
Name Relationship Holdings Value Past Year Net Change Change % Valuation Report Date
INVESTOR AB 10%+ Owner $4,622,440,255 +$15,835,040 +0.34% Filing P/S 13 Feb 2026
Borse Dubai LTD 10%+ Owner $3,383,634,585 Filing P/S 22 Mar 2024
Argus Seller, LP 10%+ Owner $2,764,295,688 Filing P/S 29 Jul 2024
Friedman Adena T. Chair and CEO, Director $206,945,254 -$76,059,951 -27% Mixed 03 Apr 2026
Michael R. Splinter Director $22,142,434 Mixed 30 Jan 2026
Pc Nelson Griggs Pres. Capital Access Platforms $21,654,370 -$812,594 -3.6% Filing P/S 18 May 2026
Cohen Tal Pres. Market Platforms $19,530,126 -$1,408,259 -6.7% Filing P/S 27 Apr 2026
John Zecca EVP, Global CLO $13,016,538 -$450,045 -3.3% Median 03 Apr 2026
Bradley J. Peterson Evp, Cio $12,808,798 -$1,722,938 -12% Filing P/S 28 Apr 2026
Essa Kazim Director $12,341,405 Mixed 11 Jun 2025
Jeremy Skule Evp, Cso $8,877,212 -$1,407,591 -14% Median 03 Apr 2026
Steven D. Black Director $8,492,315 Mixed 21 Jun 2023
Thomas A. Kloet Director $7,977,555 Mixed 11 Jun 2025
Sarah Youngwood Evp & Cfo $7,241,818 Mixed 01 Apr 2026
Bryan Everard Smith Evp, Cpo $6,362,003 -$943,051 -13% Median 03 Apr 2026
Bjorn Sibbern Executive Vice President $4,456,535 Mixed 06 Dec 2022
Begley Charlene T. Director $4,443,696 -$289,800 -6.1% Filing P/S 04 Aug 2025
Alfred W. Zollar Director $4,260,230 Mixed 11 Jun 2025
Melissa Arnoldi Director $4,054,839 Mixed 11 Jun 2025
Ann M. Dennison Executive Vice President $3,314,607 Mixed 01 Nov 2023

Recent insider transactions for NASDAQ, INC.

Showing up to 300 recent insider transactions from the last 12 months.

Insider Symbol Class Transaction % Reported value Reported price Shares Shares owned Date Ownership
Pc Nelson Griggs NDAQ Common Stock, par value $0.01 per share Sale -2.13% $471,714 $92.62 -5,093 233,798 18 May 2026 Direct
Bradley J. Peterson NDAQ Common Stock, par value $0.01 pershare Sale -5.18% $700,222 $90.82 -7,710 141,035 28 Apr 2026 Direct
Cohen Tal NDAQ Common Stock, par value $0.01 pershare Sale -6.73% $1,408,258 $90.75 -15,518 215,208 27 Apr 2026 Direct
Michelle Lynn Daly NDAQ Common Stock, par value $0.01 per share Sale -11.6% $117,513 $88.82 -1,323 10,089 24 Apr 2026 Direct
Michelle Lynn Daly NDAQ Common Stock, par value $0.01 per share Tax liability -3.58% -424 11,412 03 Apr 2026 Direct
Friedman Adena T. NDAQ Common Stock, par value $0.01 per share Tax liability -0.41% -8,075 1,983,866 03 Apr 2026 Direct
Bradley J. Peterson NDAQ Common Stock, par value $0.01 per share Tax liability -1% -1,499 148,745 03 Apr 2026 Direct
Jeremy Skule NDAQ Common Stock, par value $0.01 per share Tax liability -0.96% -1,017 104,573 03 Apr 2026 Direct
Bryan Everard Smith NDAQ Common Stock, par value $0.01 per share Tax liability -1.07% -813 74,944 03 Apr 2026 Direct
Cohen Tal NDAQ Common Stock, par value $0.01 per share Tax liability -0.67% -1,565 230,726 03 Apr 2026 Direct
Pc Nelson Griggs NDAQ Common Stock, par value $0.01 per share Tax liability -0.65% -1,565 238,891 03 Apr 2026 Direct
John Zecca NDAQ Common Stock, par value $0.01 per share Tax liability -0.51% -780 153,334 03 Apr 2026 Direct
Friedman Adena T. NDAQ Common Stock, par value $0.01 per share Tax liability -0.69% -13,739 1,991,941 01 Apr 2026 Direct
Friedman Adena T. NDAQ Common Stock, par value $0.01 per share Award 2.03% 39,929 2,005,680 01 Apr 2026 Direct
Friedman Adena T. NDAQ Common Stock, par value $0.01 per share Sale -5.46% $9,706,924 $85.44 -113,611 1,965,751 01 Apr 2026 Direct
Friedman Adena T. NDAQ Common Stock, par value $0.01 per share Options Exercise 5.78% 113,611 2,079,362 01 Apr 2026 Direct
Friedman Adena T. NDAQ Employee Stock Option (Right to Buy) Options Exercise -100% -113,611 0 01 Apr 2026 Direct
Sarah Youngwood NDAQ Common Stock, par value $0.01 per share Award 25.8% 15,267 74,558 01 Apr 2026 Direct
Bryan Everard Smith NDAQ Common Stock, par value $0.01 per share Tax liability -2.76% -2,149 75,757 01 Apr 2026 Direct
Bryan Everard Smith NDAQ Common Stock, par value $0.01 per share Award 9.94% 7,046 77,906 01 Apr 2026 Direct
Michelle Lynn Daly NDAQ Common Stock, par value $0.01 per share Tax liability -6.57% -832 11,836 01 Apr 2026 Direct
Michelle Lynn Daly NDAQ Common Stock, par value $0.01 per share Award 19% 2,025 12,668 01 Apr 2026 Direct
Cohen Tal NDAQ Common Stock, par value $0.01 per share Tax liability -4.58% -11,141 232,291 01 Apr 2026 Direct
Cohen Tal NDAQ Common Stock, par value $0.01 per share Award 6.69% 15,267 243,432 01 Apr 2026 Direct
Bradley J. Peterson NDAQ Common Stock, par value $0.01 per share Tax liability -1.8% -2,761 150,244 01 Apr 2026 Direct
Bradley J. Peterson NDAQ Common Stock, par value $0.01 per share Award 5.59% 8,103 153,005 01 Apr 2026 Direct
Jeremy Skule NDAQ Common Stock, par value $0.01 per share Tax liability -2.16% -2,332 105,590 01 Apr 2026 Direct
Jeremy Skule NDAQ Common Stock, par value $0.01 per share Award 7.61% 7,633 107,922 01 Apr 2026 Direct
Pc Nelson Griggs NDAQ Common Stock, par value $0.01 per share Tax liability -1.36% -3,308 240,456 01 Apr 2026 Direct
Pc Nelson Griggs NDAQ Common Stock, par value $0.01 per share Award 5.06% 11,743 243,764 01 Apr 2026 Direct
John Zecca NDAQ Common Stock, par value $0.01 per share Tax liability -1.34% -2,097 154,114 01 Apr 2026 Direct
John Zecca NDAQ Common Stock, par value $0.01 per share Award 4.93% 7,339 156,211 01 Apr 2026 Direct
Friedman Adena T. NDAQ Common Stock, par value $0.01 per share Gift -5.46% -113,572 1,965,751 11 Mar 2026 Direct
Friedman Adena T. NDAQ Common Stock, par value $0.01 per share Sale -4.27% $8,363,027 $90.08 -92,840 2,079,323 06 Mar 2026 Direct
Friedman Adena T. NDAQ Common Stock, par value $0.01 per share Options Exercise 4.46% 92,840 2,172,163 06 Mar 2026 Direct
Friedman Adena T. NDAQ Employee Stock Option (Right to Buy) Options Exercise -45% -92,840 113,611 06 Mar 2026 Direct
Bryan Everard Smith NDAQ Common Stock, par value $0.01 per share Sale -7.81% $523,440 $87.24 -6,000 70,860 02 Mar 2026 Direct
Michelle Lynn Daly NDAQ Common Stock, par value $0.01 per share Sale -29% $352,934 $81.34 -4,339 10,643 19 Feb 2026 Direct
Johan Torgeby NDAQ Common Stock, par value $0.01 per share Purchase 41.7% $958,320 $79.86 12,000 40,797 17 Feb 2026 Direct
Investor Ab NDAQ Common Stock Purchase 0.34% $15,835,040 $79.18 200,000 58,382,426 13 Feb 2026 See Footnotes
Friedman Adena T. NDAQ Common Stock, par value $0.01 per share Tax liability -5.38% -115,775 2,037,583 12 Feb 2026 Direct
Friedman Adena T. NDAQ Common Stock, par value $0.01 per share Award 14.4% 270,195 2,153,358 12 Feb 2026 Direct
Bryan Everard Smith NDAQ Common Stock, par value $0.01 per share Tax liability -12.6% -9,924 68,834 11 Feb 2026 Direct
Bryan Everard Smith NDAQ Common Stock, par value $0.01 per share Award 58.6% 29,114 78,758 11 Feb 2026 Direct
Jeremy Skule NDAQ Common Stock, par value $0.01 per share Tax liability -12.2% -12,838 92,263 11 Feb 2026 Direct
Jeremy Skule NDAQ Common Stock, par value $0.01 per share Award 48.6% 34,385 105,101 11 Feb 2026 Direct
Bradley J. Peterson NDAQ Common Stock, par value $0.01 per share Tax liability -12.7% -19,740 135,227 11 Feb 2026 Direct
Bradley J. Peterson NDAQ Common Stock, par value $0.01 per share Award 52.8% 53,564 154,967 11 Feb 2026 Direct
Pc Nelson Griggs NDAQ Common Stock, par value $0.01 per share Tax liability -8.62% -20,674 219,179 11 Feb 2026 Direct
Pc Nelson Griggs NDAQ Common Stock, par value $0.01 per share Award 31% 56,774 239,853 11 Feb 2026 Direct
* indicates a reported price that failed the local validity check.
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