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1,096 hedge funds and large institutions have $46.7B invested in Nasdaq in 2025 Q4 according to their latest regulatory filings, with 164 funds opening new positions, 434 increasing their positions, 347 reducing their positions, and 92 closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
1,096
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
14
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$153M
Puts
$81.6M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
151
PNC Financial Services Group
Pennsylvania
$23.2M
VOYA Investment Management
152
VOYA Investment Management
Georgia
$23.2M
State of Wisconsin Investment Board
153
State of Wisconsin Investment Board
Wisconsin
$23.1M
KK
154
KLP Kapitalforvaltning
Norway
$22.8M
Victory Capital Management
155
Victory Capital Management
Texas
$22.7M
ZIM
156
Zacks Investment Management
Illinois
$21.9M
Asset Management One
157
Asset Management One
Japan
$20.5M
Mercer Global Advisors
158
Mercer Global Advisors
Colorado
$20.4M
Cerity Partners
159
Cerity Partners
New York
$19.5M
Mitsubishi UFJ Trust & Banking
160
Mitsubishi UFJ Trust & Banking
Japan
$19.5M
PI
161
PineBridge Investments
New York
$19.5M
Toronto Dominion Bank
162
Toronto Dominion Bank
Ontario, Canada
$19.4M
APG Asset Management
163
APG Asset Management
Netherlands
$19.3M
BWFA
164
Baltimore-Washington Financial Advisors
Maryland
$18.8M
Treasurer of the State of North Carolina
165
Treasurer of the State of North Carolina
North Carolina
$18.4M
NAMI
166
Nomura Asset Management International
Pennsylvania
$18.4M
Cetera Investment Advisers
167
Cetera Investment Advisers
Illinois
$18.3M
Royal London Asset Management
168
Royal London Asset Management
United Kingdom
$18.2M
VMPIC
169
Varma Mutual Pension Insurance Co
Finland
$18.2M
CIBC Asset Management
170
CIBC Asset Management
Ontario, Canada
$18M
Baird Financial Group
171
Baird Financial Group
Wisconsin
$17.9M
Nomura Asset Management
172
Nomura Asset Management
Japan
$17.2M
GIA
173
GHP Investment Advisors
Colorado
$17M
Comerica Bank
174
Comerica Bank
Texas
$16.6M
FCM
175
Frontier Capital Management
Massachusetts
$16.2M