Nasdaq, Inc.
US ˙ NasdaqGS ˙ US6311031081

SecurityNDAQ / Nasdaq, Inc.
InstitutionFranklin Resources Inc
Latest Disclosed Ownership9,174,148 shares
Latest Disclosed Value $ 778,793,424
Franklin Resources Inc reports 13.37% decrease in ownership of NDAQ / Nasdaq, Inc.

On May 13, 2026 - Franklin Resources Inc filed a 13F-HR form disclosing ownership of 9,174,148 shares of Nasdaq, Inc. (US:NDAQ) valued at $778,793,424 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 11, 2026 disclosing 10,589,679 shares of Nasdaq, Inc.. This represents a change in shares of -13.37% during the quarter. The current value of the position is $796,407,788 USD.

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.

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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)
2026-05-13 2026-03-31 13F NASDAQ COM 631103108 9,174,148 -1,415,531 -13.37 778,793 -24.28 0.0310
2026-02-11 2025-12-31 13F NASDAQ COM 631103108 10,589,679 6,786 0.06 1,028,576 9.88 0.2524
2025-11-13 2025-09-30 13F NASDAQ COM 631103108 10,582,893 -157,014 -1.46 936,057 -2.53 0.2334
2025-08-12 2025-06-30 13F NASDAQ COM 631103108 10,739,907 -574,261 -5.08 960,362 11.89 0.2546
2025-05-13 2025-03-31 13F NASDAQ COM 631103108 11,314,168 935,156 9.01 858,293 6.97 0.2469
2025-02-12 2024-12-31 13F NASDAQ COM 631103108 10,379,012 1,225,672 13.39 802,401 20.80 0.2228
2024-11-27 2024-09-30 13F/A-1 NASDAQ COM 631103108 9,153,340 586 0.01 664,258 20.44 0.1865
2024-11-12 2024-09-30 13F NASDAQ COM 631103108 9,153,340 586 664,258 0.0320
2024-08-14 2024-06-30 13F NASDAQ COM 631103108 9,152,754 6,702 0.07 551,545 -4.43 0.1696
2024-05-13 2024-03-31 13F NASDAQ COM 631103108 9,146,052 651,348 7.67 577,116 16.85 0.1827
2024-02-09 2023-12-31 13F NASDAQ COM 631103108 8,494,704 19,856 0.23 493,882 19.93 0.2309
2023-11-13 2023-09-30 13F NASDAQ COM 631103108 8,474,848 1,997,210 30.83 411,793 27.53 0.2093
2023-08-11 2023-06-30 13F NASDAQ COM 631103108 6,477,638 409,980 6.76 322,910 -2.66 0.1535
2023-05-12 2023-03-31 13F NASDAQ COM 631103108 6,067,658 -20,417 -0.34 331,719 -11.19 0.1665
2023-02-10 2022-12-31 13F NASDAQ COM 631103108 6,088,075 16,479 0.27 373,503 8.53 0.1941
2022-11-14 2022-09-30 13F NASDAQ COM 631103108 6,071,596 4,023,496 196.45 344,138 10.15 0.1875
2022-08-11 2022-06-30 13F NASDAQ COM 631103108 2,048,100 90,590 4.63 312,417 -10.44 0.1549
2022-05-13 2022-03-31 13F NASDAQ COM 631103108 1,957,510 -8,599 -0.44 348,828 -15.52 0.1394
2022-02-11 2021-12-31 13F NASDAQ COM 631103108 1,966,109 -44,790 -2.23 412,902 6.38 0.1489
2021-11-12 2021-09-30 13F NASDAQ COM 631103108 2,010,899 3,167 0.16 388,143 9.97 0.1461
2021-08-13 2021-06-30 13F NASDAQ COM 631103108 2,007,732 -18,223 -0.90 352,958 18.14 0.1349
2021-05-13 2021-03-31 13F NASDAQ COM 631103108 2,025,955 -19,608 -0.96 298,750 10.03 0.1216
2021-02-10 2020-12-31 13F NASDAQ COM 631103108 2,045,563 675,431 49.30 271,524 61.50 0.1149
2020-11-12 2020-09-30 13F NASDAQ COM 631103108 1,370,132 744,432 118.98 168,128 100.37 0.0814
2020-08-13 2020-06-30 13F NASDAQ COM 631103108 625,700 598,258 2,180.08 83,907 3,119.76 0.0432
2020-05-13 2020-03-31 13F NASDAQ COM 631103108 27,442 25,108 1,075.75 2,606 942.40 0.0017
2020-03-11 2019-12-31 13F/A-1 NASDAQ COM 631103108 2,334 309 15.26 250 24.38 0.0001
2020-02-12 2019-12-31 13F NASDAQ COM 631103108 2,334 309 250 31.5784
2019-11-14 2019-09-30 13F NASDAQ COM 631103108 2,025 2,025 201 0.0001
2019-05-15 2019-03-31 13F/A-1 NASDAQ COM 631103108 0 -26,030 -100.00 0 -100.00
2019-02-12 2018-12-31 13F NASDAQ COM 631103108 26,030 -2,945 -10.16 2,123 -14.60 0.0013
2018-11-13 2018-09-30 13F NASDAQ COM 631103108 28,975 28,975 2,486 0.0012
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.