INVESTOR AB — NASDAQ INC NDAQ: Quarterly 13F Position History
INVESTOR AB has reported NASDAQ INC (NDAQ) on 40 13F-HR filings in Pactolio's tracked window, first appearing in Q2 2016. As of Q1 2026, the position is sized at 58,382,426 shares ($4.93B market value, 32.61% of the equity book). Quarter-over-quarter share count change: + 200,000 (+0.3%) .
- 58,382,426Shares Held (Latest Filing)
- $4.93BReported Market Value (Latest Filing)
- 32.61%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% | $4.93B | 32.61% | $84.49 |
| Q4 2025 | 58,182,426 | 0 | — | $5.65B | 99.60% | $97.13 |
| Q3 2025 | 58,182,426 | 0 | — | $5.15B | 99.56% | $88.45 |
| Q2 2025 | 58,182,426 | 0 | — | $5.20B | 99.54% | $89.42 |
| Q1 2025 | 58,182,426 | 0 | — | $4.41B | 99.52% | $75.86 |
| Q4 2024 | 58,182,426 | 0 | — | $4.50B | 99.56% | $77.31 |
| Q3 2024 | 58,182,426 | 0 | — | $4.25B | 99.56% | $73.01 |
| Q2 2024 | 58,182,426 | 0 | — | $3.51B | 99.92% | $60.26 |
| Q1 2024 | 58,182,426 | 0 | — | $3.67B | 99.85% | $63.10 |
| Q4 2023 | 58,182,426 | 0 | — | $3.38B | 99.87% | $58.14 |
| Q3 2023 | 58,182,426 | 0 | — | $2.83B | 99.84% | $48.59 |
| Q2 2023 | 58,182,426 | 0 | — | $2.90B | 99.88% | $49.85 |
| Q1 2023 | 58,182,426 | 0 | — | $3.18B | 99.92% | $54.67 |
| Q4 2022 | 58,182,426 | 0 | — | $3.57B | 99.97% | $61.35 |
| Q3 2022 | 58,182,426 | +38,788,284 | +200.0% | $3.30B | 99.86% | $56.68 |
| Q2 2022 | 19,394,142 | 0 | — | $2.96B | 99.93% | $152.54 |
| Q1 2022 | 19,394,142 | 0 | — | $3.46B | 99.83% | $178.20 |
| Q4 2021 | 19,394,142 | 0 | — | $4.07B | 99.84% | $210.01 |
| Q3 2021 | 19,394,142 | 0 | — | $3.74B | 99.88% | $193.02 |
| Q2 2021 | 19,394,142 | 0 | — | $3.41B | 99.85% | $175.80 |
| Q1 2021 | 19,394,142 | 0 | — | $2.86B | 99.75% | $147.46 |
| Q4 2020 | 19,394,142 | 0 | — | $2.57B | 98.85% | $132.74 |
| Q3 2020 | 19,394,142 | 0 | — | $2.38B | 99.10% | $122.71 |
| Q2 2020 | 19,394,142 | 0 | — | $2.32B | 99.42% | $119.47 |
| Q1 2020 | 19,394,142 | 0 | — | $1.84B | 99.44% | $94.95 |
| Q4 2019 | 19,394,142 | 0 | — | $2.08B | 99.05% | $107.10 |
| Q3 2019 | 19,394,142 | 0 | — | $1.93B | 98.84% | $99.35 |
| Q2 2019 | 19,394,142 | 0 | — | $1.87B | 98.44% | $96.17 |
| Q1 2019 | 19,394,142 | 0 | — | $1.70B | 98.10% | $87.49 |
| Q4 2018 | 19,394,142 | 0 | — | $1.66B | 97.81% | $85.80 |
| Q3 2018 | 19,394,142 | 0 | — | $1.66B | 96.51% | $85.80 |
| Q2 2018 | 19,394,142 | 0 | — | $1.77B | 96.83% | $91.27 |
| Q1 2018 | 19,394,142 | 0 | — | $1.67B | 98.98% | $86.22 |
| Q4 2017 | 19,394,142 | 0 | — | $1.49B | 98.47% | $76.83 |
| Q3 2017 | 19,394,142 | 0 | — | $1.50B | 96.99% | $77.57 |
| Q2 2017 | 19,394,142 | 0 | — | $1.39B | 97.30% | $71.49 |
| Q1 2017 | 19,394,142 | 0 | — | $1.35B | 96.20% | $69.45 |
| Q4 2016 | 19,394,142 | 0 | — | $1.30B | 95.04% | $67.12 |
| Q3 2016 | 19,394,142 | 0 | — | $1.31B | 94.14% | $67.54 |
| Q2 2016 | 19,394,142 | — | — | $1.25B | 93.59% | $64.67 |
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 $4.93B.
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.