INVESTOR AB: NASDAQ INC (NDAQ): Quarterly 13F Position History
As of Q1 2026, INVESTOR AB reported 58,382,426 shares of NASDAQ INC (NDAQ), worth $4.9B and representing 32.6% of its 13F equity book. Quarter-over-quarter share count change: + 200,000 (+0.3%) . The position first appeared in Q2 2016 and has been disclosed across 40 13F-HR filings in Pactolio's tracked window.
- 58,382,426Shares Held (Latest Filing)
- $4.9BReported Market Value (Latest Filing)
- 32.6%Portfolio Weight (% of 13F Equity Book)
- +200,000Quarter-over-Quarter Share Change
- -$718.5MQuarter-over-Quarter Value Change
- 58,382,426Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 40 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 58,382,426 | +200,000 | +0.3% | $4.9B | 32.6% | $84.5 |
| Q4 2025 | 58,182,426 | 0 | — | $5.7B | 99.6% | $97.1 |
| Q3 2025 | 58,182,426 | 0 | — | $5.1B | 99.6% | $88.5 |
| Q2 2025 | 58,182,426 | 0 | — | $5.2B | 99.5% | $89.4 |
| Q1 2025 | 58,182,426 | 0 | — | $4.4B | 99.5% | $75.9 |
| Q4 2024 | 58,182,426 | 0 | — | $4.5B | 99.6% | $77.3 |
| Q3 2024 | 58,182,426 | 0 | — | $4.2B | 99.6% | $73.0 |
| Q2 2024 | 58,182,426 | 0 | — | $3.5B | 99.9% | $60.3 |
| Q1 2024 | 58,182,426 | 0 | — | $3.7B | 99.9% | $63.1 |
| Q4 2023 | 58,182,426 | 0 | — | $3.4B | 99.9% | $58.1 |
| Q3 2023 | 58,182,426 | 0 | — | $2.8B | 99.8% | $48.6 |
| Q2 2023 | 58,182,426 | 0 | — | $2.9B | 99.9% | $49.9 |
| Q1 2023 | 58,182,426 | 0 | — | $3.2B | 99.9% | $54.7 |
| Q4 2022 | 58,182,426 | 0 | — | $3.6B | 100.0% | $61.4 |
| Q3 2022 | 58,182,426 | +38,788,284 | +200.0% | $3.3B | 99.9% | $56.7 |
| Q2 2022 | 19,394,142 | 0 | — | $3.0B | 99.9% | $152.5 |
| Q1 2022 | 19,394,142 | 0 | — | $3.5B | 99.8% | $178.2 |
| Q4 2021 | 19,394,142 | 0 | — | $4.1B | 99.8% | $210.0 |
| Q3 2021 | 19,394,142 | 0 | — | $3.7B | 99.9% | $193.0 |
| Q2 2021 | 19,394,142 | 0 | — | $3.4B | 99.8% | $175.8 |
| Q1 2021 | 19,394,142 | 0 | — | $2.9B | 99.7% | $147.5 |
| Q4 2020 | 19,394,142 | 0 | — | $2.6B | 98.8% | $132.7 |
| Q3 2020 | 19,394,142 | 0 | — | $2.4B | 99.1% | $122.7 |
| Q2 2020 | 19,394,142 | 0 | — | $2.3B | 99.4% | $119.5 |
| Q1 2020 | 19,394,142 | 0 | — | $1.8B | 99.4% | $95.0 |
| Q4 2019 | 19,394,142 | 0 | — | $2.1B | 99.0% | $107.1 |
| Q3 2019 | 19,394,142 | 0 | — | $1.9B | 98.8% | $99.3 |
| Q2 2019 | 19,394,142 | 0 | — | $1.9B | 98.4% | $96.2 |
| Q1 2019 | 19,394,142 | 0 | — | $1.7B | 98.1% | $87.5 |
| Q4 2018 | 19,394,142 | 0 | — | $1.7B | 97.8% | $85.8 |
| Q3 2018 | 19,394,142 | 0 | — | $1.7B | 96.5% | $85.8 |
| Q2 2018 | 19,394,142 | 0 | — | $1.8B | 96.8% | $91.3 |
| Q1 2018 | 19,394,142 | 0 | — | $1.7B | 99.0% | $86.2 |
| Q4 2017 | 19,394,142 | 0 | — | $1.5B | 98.5% | $76.8 |
| Q3 2017 | 19,394,142 | 0 | — | $1.5B | 97.0% | $77.6 |
| Q2 2017 | 19,394,142 | 0 | — | $1.4B | 97.3% | $71.5 |
| Q1 2017 | 19,394,142 | 0 | — | $1.3B | 96.2% | $69.5 |
| Q4 2016 | 19,394,142 | 0 | — | $1.3B | 95.0% | $67.1 |
| Q3 2016 | 19,394,142 | 0 | — | $1.3B | 94.1% | $67.5 |
| Q2 2016 | 19,394,142 | — | — | $1.3B | 93.6% | $64.7 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did INVESTOR AB first disclose a NDAQ position in 13F-HR filings?
INVESTOR AB first reported NASDAQ INC (NDAQ) on its 13F-HR filing for the period ending 2016-06-30 (Q2 2016). The position has appeared on 40 reported quarters within Pactolio's tracked window.
What was INVESTOR AB's most recent quarter-over-quarter share-count change in NDAQ?
Between Q4 2025 and Q1 2026, INVESTOR AB added 200,000 shares of NDAQ (+0.3%), bringing the total reported position to 58,382,426 shares at a market value of $4.9B.
Does the implied price-per-share represent INVESTOR AB's cost basis in NDAQ?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.