Nasdaq, Inc.
MX ˙ BMV ˙ US6311031081
SecurityMX:NDAQ / Nasdaq, Inc.
InstitutionDearborn Partners Llc
Latest Disclosed Ownership284,092 shares
Latest Disclosed Value $ 24,116,544
Dearborn Partners Llc reports 8.68% decrease in ownership of NDAQ / Nasdaq, Inc.

On May 12, 2026 - Dearborn Partners Llc filed a 13F-HR form disclosing ownership of 284,092 shares of Nasdaq, Inc. (MX:NDAQ) valued at $24,116,544 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 11, 2026 disclosing 311,111 shares of Nasdaq, Inc.. This represents a change in shares of -8.68% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-12 2026-03-31 13F Nasdaq COM 631103108 284,092 -27,019 -8.68 24,117 -20.19 1.2615
2026-02-11 2025-12-31 13F Nasdaq COM 631103108 311,111 -12,632 -3.90 30,218 5.53 1.5091
2025-11-10 2025-09-30 13F Nasdaq COM 631103108 323,743 -5,830 -1.77 28,635 -2.83 1.3427
2025-08-14 2025-06-30 13F Nasdaq COM 631103108 329,573 706 0.21 29,470 18.13 1.3950
2025-05-08 2025-03-31 13F Nasdaq COM 631103108 328,867 -77,649 -19.10 24,948 -20.62 1.1976
2025-02-07 2024-12-31 13F Nasdaq COM 631103108 406,516 -3,967 -0.97 31,428 4.87 1.3168
2024-11-06 2024-09-30 13F Nasdaq COM 631103108 410,483 -14,058 -3.31 29,969 17.15 1.2165
2024-07-26 2024-06-30 13F Nasdaq COM 631103108 424,541 -4,481 -1.04 25,583 -5.50 1.1061
2024-05-08 2024-03-31 13F Nasdaq COM 631103108 429,022 -134,222 -23.83 27,071 -17.33 1.1622
2024-01-26 2023-12-31 13F Nasdaq COM 631103108 563,244 -10,183 -1.78 32,747 17.53 1.1928
2023-11-01 2023-09-30 13F Nasdaq COM 631103108 573,427 4,397 0.77 27,863 -1.78 1.0934
2023-08-03 2023-06-30 13F Nasdaq COM 631103108 569,030 3,395 0.60 28,366 -8.27 1.0854
2023-05-04 2023-03-31 13F NASDAQ COM 631103108 565,635 -2,674 -0.47 30,923 -11.31 1.2165
2023-02-02 2022-12-31 13F NASDAQ COM 631103108 568,309 -5,853 -1.02 34,866 7.13 1.4072
2022-11-21 2022-09-30 13F/A-1 NASDAQ COM 631103108 574,162 382,860 200.13 32,544 11.52 1.4355
2022-10-25 2022-09-30 13F NASDAQ COM 631103108 574,162 382,860 32,544 1.3417
2022-07-20 2022-06-30 13F NASDAQ COM 631103108 191,302 5 0.00 29,181 -14.40 1.2326
2022-05-04 2022-03-31 13F NASDAQ COM 631103108 191,297 -540 -0.28 34,089 -15.39 1.2928
2022-01-28 2021-12-31 13F NASDAQ COM 631103108 191,837 -73,091 -27.59 40,288 -21.21 1.4606
2021-10-27 2021-09-30 13F NASDAQ COM 631103108 264,928 -63 -0.02 51,136 9.77 2.0770
2021-07-26 2021-06-30 13F NASDAQ COM 631103108 264,991 1,363 0.52 46,585 19.83 1.8732
2021-04-29 2021-03-31 13F NASDAQ COM 631103108 263,628 5,936 2.30 38,875 13.65 1.6565
2021-01-27 2020-12-31 13F NASDAQ COM 631103108 257,692 4,970 1.97 34,206 10.30 1.5571
2020-10-20 2020-09-30 13F NASDAQ COM 631103108 252,722 275 0.11 31,012 2.82 1.5441
2020-07-30 2020-06-30 13F NASDAQ COM 631103108 252,447 -7,596 -2.92 30,160 22.15 1.6298
2020-05-11 2020-03-31 13F NASDAQ COM 631103108 260,043 5,386 2.12 24,691 -9.47 1.5314
2020-01-28 2019-12-31 13F NASDAQ COM 631103108 254,657 40,729 19.04 27,274 28.32 1.3891
2019-10-29 2019-09-30 13F NASDAQ COM 631103108 213,928 2,495 1.18 21,254 4.52 1.2289
2019-07-29 2019-06-30 13F NASDAQ COM 631103108 211,433 9,524 4.72 20,334 15.11 1.2416
2019-05-01 2019-03-31 13F NASDAQ COM 631103108 201,909 34,513 20.62 17,665 29.38 1.1789
2019-02-04 2018-12-31 13F NASDAQ COM 631103108 167,396 27,388 19.56 13,654 13.66 1.0549
2018-10-24 2018-09-30 13F NASDAQ COM 631103108 140,008 3,679 2.70 12,013 -3.46 0.8415
2018-08-14 2018-06-30 13F NASDAQ COM 631103108 136,329 136,329 12,443 0.9725
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.