Nasdaq, Inc.
MX ˙ BMV ˙ US6311031081
SecurityMX:NDAQ / Nasdaq, Inc.
InstitutionCommerce Bank
Latest Disclosed Ownership298,344 shares
Latest Disclosed Value $ 25,326,422
Commerce Bank reports 4.18% decrease in ownership of NDAQ / Nasdaq, Inc.

On May 11, 2026 - Commerce Bank filed a 13F-HR form disclosing ownership of 298,344 shares of Nasdaq, Inc. (MX:NDAQ) valued at $25,326,422 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 311,351 shares of Nasdaq, Inc.. This represents a change in shares of -4.18% 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.

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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)
2026-05-11 2026-03-31 13F NASDAQ COM 631103108 298,344 -13,007 -4.18 25,326 -16.25 0.0522
2026-02-13 2025-12-31 13F NASDAQ COM 631103108 311,351 -1,069 -0.34 30,242 9.44 0.1670
2025-11-12 2025-09-30 13F NASDAQ COM 631103108 312,420 359 0.12 27,634 -0.97 0.1538
2025-08-07 2025-06-30 13F NASDAQ COM 631103108 312,061 -4,602 -1.45 27,904 16.16 0.1647
2025-05-08 2025-03-31 13F NASDAQ COM 631103108 316,663 -8,888 -2.73 24,022 -4.55 0.1533
2025-02-13 2024-12-31 13F NASDAQ COM 631103108 325,551 -3,786 -1.15 25,168 4.67 0.1552
2024-11-08 2024-09-30 13F NASDAQ COM 631103108 329,337 -8,581 -2.54 24,045 18.08 0.1473
2024-08-12 2024-06-30 13F NASDAQ COM 631103108 337,918 -6,275 -1.82 20,363 -6.24 0.1319
2024-05-03 2024-03-31 13F NASDAQ COM 631103108 344,193 -12,601 -3.53 21,719 4.70 0.1436
2024-02-09 2023-12-31 13F NASDAQ COM 631103108 356,794 -9,313 -2.54 20,744 16.61 0.1476
2023-11-14 2023-09-30 13F NASDAQ COM 631103108 366,107 -535,986 -59.42 17,789 -60.44 0.1401
2023-08-08 2023-06-30 13F NASDAQ COM 631103108 902,093 -204,085 -18.45 44,969 -25.64 0.3364
2023-05-04 2023-03-31 13F NASDAQ COM 631103108 1,106,178 -20,292 -1.80 60,475 -12.49 0.4739
2023-02-10 2022-12-31 13F NASDAQ COM 631103108 1,126,470 -18,709 -1.63 69,109 6.47 0.5614
2022-11-04 2022-09-30 13F NASDAQ COM 631103108 1,145,179 755,790 194.10 64,908 9.28 0.5641
2022-08-12 2022-06-30 13F NASDAQ COM 631103108 389,389 -1,761 -0.45 59,398 -14.78 0.4839
2022-05-09 2022-03-31 13F NASDAQ COM 631103108 391,150 4,878 1.26 69,703 -14.08 0.4776
2022-02-14 2021-12-31 13F NASDAQ COM 631103108 386,272 -10,239 -2.58 81,121 5.99 0.5304
2021-11-09 2021-09-30 13F NASDAQ COM 631103108 396,511 -53,950 -11.98 76,534 -3.36 0.5412
2021-08-09 2021-06-30 13F NASDAQ COM 631103108 450,461 3,013 0.67 79,191 20.02 0.5622
2021-05-05 2021-03-31 13F NASDAQ COM 631103108 447,448 -202 -0.05 65,981 11.04 0.5018
2021-02-09 2020-12-31 13F NASDAQ COM 631103108 447,650 -7,361 -1.62 59,421 6.42 0.4805
2020-11-06 2020-09-30 13F NASDAQ COM 631103108 455,011 -2,374 -0.52 55,835 2.18 0.5049
2020-08-07 2020-06-30 13F NASDAQ COM 631103108 457,385 15,890 3.60 54,644 30.35 0.5326
2020-05-08 2020-03-31 13F NASDAQ COM 631103108 441,495 18,824 4.45 41,920 -7.40 0.5075
2020-02-14 2019-12-31 13F NASDAQ COM 631103108 422,671 1,169 0.28 45,269 8.10 0.4311
2019-11-12 2019-09-30 13F NASDAQ COM 631103108 421,502 12,528 3.06 41,877 6.47 0.4297
2019-08-07 2019-06-30 13F NASDAQ COM 631103108 408,974 3,698 0.91 39,331 10.93 0.4412
2019-05-08 2019-03-31 13F NASDAQ COM 631103108 405,276 16,627 4.28 35,457 11.84 0.4200
2019-02-11 2018-12-31 13F NASDAQ COM 631103108 388,649 14,370 3.84 31,702 -1.28 0.4038
2018-11-02 2018-09-30 13F NASDAQ COM 631103108 374,279 7,955 2.17 32,113 -3.95 0.3822
2018-08-08 2018-06-30 13F NASDAQ COM 631103108 366,324 -49,305 -11.86 33,434 -6.70 0.4248
2018-05-03 2018-03-31 13F NASDAQ COM 631103108 415,629 118,954 40.10 35,836 57.22 0.4729
2018-02-12 2017-12-31 13F NASDAQ COM 631103108 296,675 3,647 1.24 22,794 0.28 0.2967
2017-11-07 2017-09-30 13F/A-1 NASDAQ COM 631103108 293,028 9,193 3.24 22,730 12.01 0.3089
2017-11-07 2017-09-30 13F NASDAQ COM 631103108 283,835 20,292
2017-08-08 2017-06-30 13F NASDAQ COM 631103108 283,835 5,401 1.94 20,292 4.94 0.2846
2017-05-05 2017-03-31 13F NASDAQ COM 631103108 278,434 10,033 3.74 19,337 7.34 0.2757
2017-02-08 2016-12-31 13F NASDAQ COM 631103108 268,401 4,270 1.62 18,015 0.99 0.2689
2016-11-03 2016-09-30 13F NASDAQ COM 631103108 264,131 12,345 4.90 17,839 9.56 0.2777
2016-08-09 2016-06-30 13F NASDAQ COM 631103108 251,786 245,173 3,707.44 16,283 3,609.11 0.2576
2016-04-27 2016-03-31 13F NASDAQ COM 631103108 6,613 -764 -10.36 439 2.33 0.0073
2016-02-12 2015-12-31 13F NASDAQ COM 631103108 7,377 -33 -0.45 429 8.61 0.0072
2015-11-10 2015-09-30 13F NASDAQ COM 631103108 7,410 -59 -0.79 395 8.22 0.0068
2015-08-03 2015-06-30 13F NASDAQ OMX GROUP COM 631103108 7,469 150 2.05 365 -2.14 0.0057
2015-05-06 2015-03-31 13F NASDAQ OMX GROUP COM 631103108 7,319 0 0.00 373 6.27 0.0058
2015-02-11 2014-12-31 13F NASDAQ OMX GROUP COM 631103108 7,319 59 0.81 351 13.96 0.0055
2014-11-06 2014-09-30 13F NASDAQ OMX GROUP COM 631103108 7,260 53 0.74 308 10.79 0.0051
2014-08-05 2014-06-30 13F NASDAQ OMX GROUP COM 631103108 7,207 0 0.00 278 4.51 0.0045
2014-05-09 2014-03-31 13F NASDAQ OMX GROUP COM 631103108 7,207 2,048 39.70 266 29.76 0.0045
2014-02-14 2013-12-31 13F NASDAQ OMX GROUP COM 631103108 5,159 5,159 205 0.0036
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.