Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Nasdaq Inc (NDAQ)

1K + Investors. Track Smart Money conviction in NDAQ. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
1Q ▼
Buyers last Q
50%

Smart Money Signals — NDAQ

Based on 1088 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their NDAQ positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
1,088 hedge funds hold NDAQ right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +19% more funds vs a year ago

fund count last 6Q
+173 new funds entered over the past year (+19% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 50% buying

548 buying550 selling
Last quarter: 548 funds bought or added vs 550 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-24 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 171 → 130 → 169 → 145. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 22% medium ■ 21% new
622 out of 1,088 hedge funds have held NDAQ for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~145 new funds/quarter

134 → 171 → 130 → 169 → 145 new funds/Q
New funds entering each quarter: 171 → 130 → 169 → 145. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 61% veterans vs 26% newcomers

■ 61% veterans ■ 12% 1-2yr ■ 26% new
Entry-cohort mix of 1,119 holders: 687 (61%) are 2+ year veterans, 137 entered 1–2 years ago, and 295 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 46% AUM from top-100 funds

46% from top-100 AUM funds
61 of 1084 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in NDAQ. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — NDAQ

In 2026 Q1, 548 hedge funds were net buyers of NDAQ (145 opened a new position, 403 added to an existing one), while 550 reduced or exited (404 trimmed, 146 sold completely) — a 50% buyer ratio, indicating a slight buying edge. 46% of total institutional value in NDAQ is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 1088.

Hedge Fund Ownership: NDAQ

How many hedge funds hold NDAQ — quarterly history vs. share price
Quarterly hedge fund ownership of NDAQ vs. share price

Market Analysis: NDAQ

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NDAQ

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Nasdaq Inc (NDAQ) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NDAQ has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
NDAQ
+7.2%
XLF
+1220.3%

NDAQ outperformed XLF by -1213.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
NDAQ
+0.3%
XLF
+4.8%

Since the filing became public, NDAQ outperformed XLF by -4.5% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

66 top-rated funds 4 high-conviction
Consensus
7.9
/ 10
breadth
×
Elite
3.3
/ 10
conviction
Hedge Fund Positioning: NDAQ
1K + Investors

Track Smart Money conviction in NDAQ. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 1077 1089 -1.1%
13F Shares 468M 481M -2.83%
Total Value $38.65B $46.57B -17.02%
New Positions 139 169 -30
Increased Positions 393 418 -25
Closed Positions 151 107 +44
Reduced Positions 395 351 +44
Total Calls 17 13 30.77%
Total Puts 18 18 -
PUT/CALL Ratio 1.06 1.38 Neutral

Statistics: NDAQ

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Institutional Holders (2026 Q1)

1K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in NDAQ. Verified SEC 13F-HR filings.

QUARTER:
Top 25 NDAQ holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Investor Ab 32.61% 58,382,426 $4.93B
2 Northern Right Capital Management, L.P. 6.88% 227,795 $19.3M
3 Stony Point Capital LLC 5.00% 732,505 $62.2M
4 Round Hill Asset Management 4.88% 87,742 $7.4M
5 Mcrae Capital Management Inc 3.94% 223,841 $19.0M
6 Castlefield Investment Partners LLP 3.67% 56,588 $4.8M
7 Dundas Partners LLP 3.47% 512,023 $43.5M
8 Raub Brock Capital Management LP 3.05% 142,113 $12.1M
9 Select Equity Group, L.P. 2.42% 5,563,126 $472.3M
10 Campbell Newman Asset Management Inc 2.40% 348,081 $29.5M
11 Graphene Investments SAS 2.14% 37,500 $3.2M
12 Robertson Opportunity Capital, LLC 2.06% 63,039 $5.4M
13 Liontrust Investment Partners LLP 2.04% 1,417,767 $137.7M
14 Lgt Capital Partners LTD. 1.89% 420,212 $35.7M
15 Munich Reinsurance Co Stock Corp in Munich 1.80% 863,923 $73.3M
16 Foster Victor Wealth Advisors, LLC 1.63% 328,706 $28.5M
17 First Washington CORP 1.61% 67,074 $5.7M
18 Promethium Advisors,LLC 1.58% 35,835 $3.0M
19 Helios Capital Management PTE. Ltd 1.51% 16,950 $1.4M
20 Northstar Asset Management Inc 1.50% 57,463 $4.9M
21 Aurora Investment Counsel 1.46% 30,960 $2.6M
22 Seven Grand Managers, LLC 1.42% 250,000 $21.2M
23 Dearborn Partners LLC 1.31% 284,092 $24.1M
24 Aperture Investors, LLC 1.30% 121,137 $10.3M
25 Dockside LLC 1.29% 60,558 $5.1M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Nasdaq Inc (NDAQ)

What does the Smart Money Trend signal show for NDAQ?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their NDAQ positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for NDAQ?

Slight buying edge — 50% buying: Last quarter: 548 funds bought or added vs 550 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for NDAQ holders?

Elite ownership — 46% AUM from top-100 funds: 61 of 1084 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in NDAQ. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held NDAQ?

57% of holders stayed for 2+ years: 622 out of 1,088 hedge funds have held NDAQ for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Nasdaq Inc (NDAQ) following the 2026 Q1 hedge fund 13F filings?

As of today, NDAQ has moved +0.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLF sector ETF — an outperformance of -4.5%. Since the quarter end (March 31, 2026), NDAQ has gained +7.2% vs +1220.3% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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