Nasdaq
NDAQ
723 hedge funds and large institutions have $25.6B invested in Nasdaq in 2023 Q4 according to their latest regulatory filings, with 114 funds opening new positions, 250 increasing their positions, 266 reducing their positions, and 79 closing their positions.
46% more capital invested
Capital invested by funds: $17.5B → $25.6B (+$8.09B)
44% more first-time investments, than exits
New positions opened: 114 | Existing positions closed: 79
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
4% more funds holding
Funds holding: 697 → 723 (+26)
3.61% more ownership
Funds ownership: 72.53% → 76.14% (+3.6%)
6% less repeat investments, than reductions
Existing positions increased: 250 | Existing positions reduced: 266
11% less call options, than puts
Call options by funds: $63.6M | Put options by funds: $71.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TB
Thoma Bravo
Chicago,
Illinois
|
+$3.78B |
| 2 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$341M |
| 3 |
Morgan Stanley
New York
|
+$289M |
| 4 |
Millennium Management
New York
|
+$183M |
| 5 |
Man Group
London,
United Kingdom
|
+$124M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$97.2M |
| 2 |
Two Sigma Investments
New York
|
-$77.2M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$73.3M |
| 4 |
Holocene Advisors
New York
|
-$60.6M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$49.7M |
NDAQ Hedge Fund Activity: Q4 2023 in Review
723 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Nasdaq (NDAQ) for Q4 2023, worth a combined $25.6B — up 46% from $17.5B a quarter earlier.
Buyers outnumbered sellers: 114 funds opened new NDAQ positions and 79 closed out — a net gain of 35 holders — while 250 added to existing stakes and 266 trimmed.
The largest buyer was Thoma Bravo, opening a new position worth an estimated $3.78B. The largest seller was Marshall Wace, exiting entirely with an estimated $97.2M sold.
- 723 institutional investors held Nasdaq (NDAQ) as of Q4 2023, up from 697 in Q3 2023.
- Funds reported $25.6B of Nasdaq stock for Q4 2023, up 46% quarter-over-quarter.
- 114 funds opened new Nasdaq positions in Q4 2023 and 79 closed out, a net change of +35 holders.
- The largest Nasdaq buyer in Q4 2023 was Thoma Bravo, an estimated $3.78B added.
- The largest Nasdaq seller in Q4 2023 was Marshall Wace, an estimated $97.2M sold.
Based on aggregated 13F filings for Q4 2023.