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Thoma Bravo’s Nasdaq NDAQ Stock Holding History

Thoma Bravo’s Portfolio NDAQ Stock Details NDAQ Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q2 		– Sell
-42,804,207
Closed -$3.25B – 6
2025
Q1 		$3.25B Hold
42,804,207
– – 22.31% 2
2024
Q4 		$3.31B Hold
42,804,207
– – 59.35% 1
2024
Q3 		$3.13B Sell
42,804,207
-42,804,207
-50% -$2.92B 39.45% 1
2024
Q2 		$5.16B Hold
85,608,414
– – 50.86% 1
2024
Q1 		$5.4B Buy
85,608,414
+13,945,977
+19% +$807M 52.35% 1
2023
Q4 		$4.17B Buy
+71,662,437
New +$3.78B 37.51% 1

Other funds holding NDAQ

IA
Investor AB Stockholm, Sweden $14.4B AUM 4.07% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
Wellington Management Group
Wellington Management Group Boston, Massachusetts $580B AUM 38.23% 1-Year Est. Return
BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Massachusetts Financial Services
Massachusetts Financial Services Boston, Massachusetts $315B AUM 27.84% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return
Franklin Resources
Franklin Resources San Mateo, California $462B AUM 39.16% 1-Year Est. Return
Harris Associates
Harris Associates Chicago, Illinois $75.4B AUM 14.46% 1-Year Est. Return
Jane Street
Jane Street New York $1.21T AUM 78.12% 1-Year Est. Return

Thoma Bravo's NDAQ Position: Q2 2025 in Review

Thoma Bravo sold out of Nasdaq (NDAQ) in Q2 2025, closing a stake of 42,804,207 shares — an estimated $3.25B sold.

Thoma Bravo first reported a position in NDAQ in Q4 2023 and held it in 6 quarters. The position peaked at $5.4B in Q1 2024. 1,021 funds tracked by Wall St. Rank hold NDAQ as of Q2 2025.

  • Thoma Bravo reported no remaining Nasdaq position as of Q2 2025 after selling out during the quarter.
  • Thoma Bravo sold 42,804,207 Nasdaq shares in Q2 2025, an estimated $3.25B.
  • Thoma Bravo first reported a position in Nasdaq in Q4 2023 and held it in 6 quarters.
  • Thoma Bravo's Nasdaq position peaked at $5.4B in Q1 2024.
  • 1,021 funds tracked by Wall St. Rank held Nasdaq as of Q2 2025.

Based on Thoma Bravo's 13F filing for Q2 2025, filed 4 Aug 2025.