Nasdaq, Inc.
MX ˙ BMV ˙ US6311031081
SecurityMX:NDAQ / Nasdaq, Inc.
InstitutionMorgan Stanley
Latest Disclosed Ownership10,255,504 shares
Latest Disclosed Value $ 870,589,963
Morgan Stanley reports 10.67% increase in ownership of NDAQ / Nasdaq, Inc.

On May 15, 2026 - Morgan Stanley filed a 13F-HR form disclosing ownership of 10,255,504 shares of Nasdaq, Inc. (MX:NDAQ) valued at $870,589,963 USD as of March 31, 2026. The entity filed a previous 13F-HR/A on May 27, 2026 disclosing 9,266,562 shares of Nasdaq, Inc.. This represents a change in shares of 10.67% 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)
2026-05-15 2026-03-31 13F NASDAQ COM 631103108 10,255,504 988,942 10.67 870,590 -3.27 0.0525
2026-05-27 2025-12-31 13F/A-1 NASDAQ COM 631103108 9,266,562 3,567,843 62.61 900,061 78.57 0.0537
2026-02-13 2025-12-31 13F NASDAQ COM 631103108 9,266,562 3,567,843 900,061 0.0537
2026-05-27 2025-09-30 13F/A-1 NASDAQ COM 631103108 5,698,719 297,993 5.52 504,052 4.37 0.0305
2025-11-14 2025-09-30 13F NASDAQ COM 631103108 5,698,719 297,993 504,052 0.0305
2025-08-15 2025-06-30 13F NASDAQ COM 631103108 5,400,726 -252,042 -4.46 482,933 12.62 0.0315
2025-05-15 2025-03-31 13F NASDAQ COM 631103108 5,652,768 9,214 0.16 428,819 -1.72 0.0307
2025-05-15 2024-12-31 13F/A-1 NASDAQ COM 631103108 5,643,554 370,203 7.02 436,303 13.32 0.0306
2025-02-14 2024-12-31 13F NASDAQ COM 631103108 5,643,554 370,203 436,303 0.0306
2025-05-14 2024-09-30 13F/A-2 NASDAQ COM 631103108 5,273,351 558,098 11.84 385,007 35.50 0.0279
2025-02-14 2024-09-30 13F/A-1 NASDAQ COM 631103108 5,273,351 558,098 385,007 0.0279
2024-11-14 2024-09-30 13F NASDAQ COM 631103108 5,273,351 558,098 385,007 0.0033
2025-05-14 2024-06-30 13F/A-2 NASDAQ COM 631103108 4,715,253 534,005 12.77 284,141 7.70 0.0220
2024-10-17 2024-06-30 13F/A-1 NASDAQ COM 631103108 4,715,253 534,005 284,141 0.0220
2024-08-14 2024-06-30 13F NASDAQ COM 631103108 4,715,253 534,005 284,141 0.0220
2024-10-17 2024-03-31 13F/A-2 NASDAQ COM 631103108 4,181,248 -608,542 -12.70 263,837 -5.26 0.0212
2024-08-16 2024-03-31 13F/A-1 NASDAQ COM 631103108 4,181,248 -608,542 263,837 0.0025
2024-05-15 2024-03-31 13F NASDAQ COM 631103108 4,181,248 -608,542 263,837 0.0212
2024-08-16 2023-12-31 13F/A-1 NASDAQ COM 631103108 4,789,790 688,738 16.79 278,479 39.75 0.0245
2024-02-13 2023-12-31 13F NASDAQ COM 631103108 4,789,790 688,738 278,479 0.0245
2023-11-15 2023-09-30 13F NASDAQ COM 631103108 4,101,052 -1,634,146 -28.49 199,270 -30.30 0.0203
2023-08-14 2023-06-30 13F NASDAQ COM 631103108 5,735,198 1,471,803 34.52 285,900 22.66 0.0282
2023-05-15 2023-03-31 13F NASDAQ COM 631103108 4,263,395 109,701 2.64 233,080 -8.54 0.0250
2023-02-14 2022-12-31 13F NASDAQ COM 631103108 4,153,694 775,233 22.95 254,829 33.07 0.0289
2022-11-14 2022-09-30 13F NASDAQ COM 631103108 3,378,461 2,273,240 205.68 191,493 13.59 0.0261
2022-10-27 2022-06-30 13F/A-1 NASDAQ COM 631103108 1,105,221 402,665 57.31 168,590 34.66 0.0219
2022-08-15 2022-06-30 13F NASDAQ COM 631103108 1,105,221 402,665 168,590 0.0044
2022-10-27 2022-03-31 13F/A-1 NASDAQ COM 631103108 702,556 -139,849 -16.60 125,197 -29.23 0.0169
2022-05-13 2022-03-31 13F NASDAQ COM 631103108 702,556 -139,849 125,197 0.0169
2022-02-14 2021-12-31 13F NASDAQ COM 631103108 842,405 188,044 28.74 176,912 40.07 0.0218
2021-11-15 2021-09-30 13F NASDAQ COM 631103108 654,361 -25,666 -3.77 126,306 5.65 0.0170
2021-08-23 2021-06-30 13F/A-1 NASDAQ COM 631103108 680,027 139,886 25.90 119,548 50.09 0.0158
2021-08-16 2021-06-30 13F NASDAQ COM 631103108 680,027 139,886 119,548 0.0033
2021-05-17 2021-03-31 13F NASDAQ COM 631103108 540,141 -59,592 -9.94 79,650 0.05 0.0117
2021-02-16 2020-12-31 13F NASDAQ COM 631103108 599,733 232,180 63.17 79,608 76.50 0.0123
2020-11-13 2020-09-30 13F NASDAQ COM 631103108 367,553 45,412 14.10 45,103 17.20 0.0087
2020-08-14 2020-06-30 13F NASDAQ COM 631103108 322,141 10,576 3.39 38,485 30.09 0.0085
2020-05-26 2020-03-31 13F/A-1 NASDAQ COM 631103108 311,565 -36,513 -10.49 29,583 -20.64 0.0080
2020-05-15 2020-03-31 13F NASDAQ COM 631103108 311,565 -36,513 29,583 2,272.5911
2020-02-14 2019-12-31 13F NASDAQ COM 631103108 348,078 4,874 1.42 37,278 9.33 0.0087
2019-11-14 2019-09-30 13F NASDAQ COM 631103108 343,204 -11,930 -3.36 34,096 -0.17 0.0090
2019-08-14 2019-06-30 13F NASDAQ COM 631103108 355,134 14,411 4.23 34,154 14.57 0.0091
2019-05-15 2019-03-31 13F NASDAQ COM 631103108 340,723 -175,071 -33.94 29,811 -29.15 0.0084
2019-02-14 2018-12-31 13F NASDAQ COM 631103108 515,794 -226,754 -30.54 42,074 -33.96 0.0126
2019-04-23 2018-09-30 13F/A-2 NASDAQ COM 631103108 742,548 124,957 20.23 63,709 13.02 0.0159
2018-11-20 2018-09-30 13F/A-1 NASDAQ COM 631103108 742,548 0 63,709 0.0159
2018-11-14 2018-09-30 13F NASDAQ COM 631103108 742,548 124,957 63,709
2019-04-23 2018-06-30 13F/A-1 NASDAQ COM 631103108 617,591 210,048 51.54 56,368 60.41 0.0152
2018-08-14 2018-06-30 13F NASDAQ COM 631103108 617,591 210,048 56,368
2019-04-23 2018-03-31 13F/A-1 NASDAQ COM 631103108 407,543 -62,910 -13.37 35,139 -2.78 0.0098
2018-05-14 2018-03-31 13F NASDAQ COM 631103108 407,543 -62,910 35,139
2019-04-23 2017-12-31 13F/A-1 NASDAQ COM 631103108 470,453 -39,007 -7.66 36,144 -8.54 0.0099
2018-02-14 2017-12-31 13F NASDAQ COM 631103108 470,453 -39,007 36,144
2017-11-14 2017-09-30 13F NASDAQ COM 631103108 509,460 -6,142 -1.19 39,518 7.21 0.0118
2017-08-11 2017-06-30 13F NASDAQ COM 631103108 515,602 -58,174 -10.14 36,861 -7.50 0.0111
2017-05-22 2017-03-31 13F/A-1 NASDAQ COM 631103108 573,776 -157,602 -21.55 39,848 -18.83 0.0122
2017-05-12 2017-03-31 13F NASDAQ COM 631103108 573,776 39,848
2017-02-22 2016-12-31 13F/A-1 NASDAQ COM 631103108 731,378 -51,654 -6.60 49,090 -7.18 0.0161
2017-02-13 2016-12-31 13F NASDAQ COM 631103108 731,378 49,090
2016-11-10 2016-09-30 13F NASDAQ COM 631103108 783,032 197,363 33.70 52,887 39.64 0.0181
2016-08-12 2016-06-30 13F NASDAQ COM 631103108 585,669 -134,472 -18.67 37,874 -20.77 0.0137
2016-05-12 2016-03-31 13F NASDAQ COM 631103108 720,141 169,295 30.73 47,805 49.19 0.0184
2016-02-09 2015-12-31 13F NASDAQ COM 631103108 550,846 200,737 57.34 32,042 71.62 0.0116
2016-02-08 2015-09-30 13F/A-1 NASDAQ COM 631103108 350,109 -38,654 -9.94 18,670 -1.61 0.0069
2015-11-09 2015-09-30 13F NASDAQ COM 631103108 350,109 18,670
2015-08-12 2015-06-30 13F NASDAQ OMX GROUP COM 631103108 388,763 -188,012 -32.60 18,976 -35.41 0.0066
2015-05-14 2015-03-31 13F NASDAQ OMX GROUP COM 631103108 576,775 114,366 24.73 29,380 32.47 0.0108
2015-02-13 2014-12-31 13F NASDAQ OMX GROUP COM 631103108 462,409 93,141 25.22 22,179 41.60 0.0081
2014-12-16 2014-09-30 13F/A-1 NASDAQ OMX GROUP COM 631103108 369,268 -222,469 -37.60 15,663 -28.34 0.0060
2014-11-14 2014-09-30 13F NASDAQ OMX GROUP COM 631103108 369,268 15,663
2014-05-13 2014-03-31 13F NASDAQ OMX GROUP COM 631103108 591,737 257,423 77.00 21,858 64.26 0.0092
2014-02-13 2013-12-31 13F NASDAQ OMX GROUP COM 631103108 334,314 -38,627 -10.36 13,307 11.12 0.0057
2013-11-13 2013-09-30 13F NASDAQ OMX GROUP COM ST COM 631103108 372,941 -95,296 -20.35 11,975 -22.02 0.0057
2013-08-08 2013-06-30 13F NASDAQ OMX GROUP COM ST COM 631103108 468,237 468,237 15,356 0.0077
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.