Nasdaq
NDAQ
727 hedge funds and large institutions have $25.3B invested in Nasdaq in 2023 Q4 according to their latest regulatory filings, with 117 funds opening new positions, 250 increasing their positions, 266 reducing their positions, and 79 closing their positions.
404% more capital inflows, than outflows
Capital inflows: $5.21B | Capital outflows: $1.03B
48% more first-time investments, than exits
New positions opened: 117 | 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: 698 → 727 (+29)
2.85% more ownership
Funds ownership: 72.53% → 75.38% (+2.8%)
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 |
Thoma Bravo
Chicago,
Illinois
|
+$3.78B |
| 2 |
Farallon Capital Management
San Francisco,
California
|
+$341M |
| 3 |
Millennium Management
New York
|
+$183M |
| 4 |
Man Group
London,
United Kingdom
|
+$124M |
| 5 |
Bain Capital Public Equity Management II
Boston,
Massachusetts
|
+$87.3M |
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
727 of the 6,877 institutional investors tracked by Wall St. Rank reported a position in Nasdaq (NDAQ) for Q4 2023, worth a combined $25.3B — up 45% from $17.5B a quarter earlier.
Buyers outnumbered sellers: 117 funds opened new NDAQ positions and 79 closed out — a net gain of 38 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.
- 727 institutional investors held Nasdaq (NDAQ) as of Q4 2023, up from 698 in Q3 2023.
- Funds reported $25.3B of Nasdaq stock for Q4 2023, up 45% quarter-over-quarter.
- 117 funds opened new Nasdaq positions in Q4 2023 and 79 closed out, a net change of +38 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.