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Nasdaq, Inc. 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and Nasdaq, Inc.’s Form 8-K, filed 2026-06-16 (Item 5.07 on EDGAR). Page generated 04 October 2026.

  • 26Reported items
  • 881Asset managers
  • 12,277Fund votes
  • 2026-06-10Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore Nasdaq, Inc. in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by Nasdaq, Inc.

These tallies are Nasdaq, Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2026-06-16 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

Nasdaq, Inc. — official shareholder meeting results, meeting held 2026-06-10
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Melissa M. Arnoldi 371,650,892801,492204,904 --26,189,922 Majority: yes
Elect Director: Charlene T. Begley 342,183,01830,268,143206,127 --26,189,922 Majority: yes
Elect Director: Adena T. Friedman 354,514,96215,796,0272,346,298 --26,189,922 Majority: yes
Elect Director: Essa Kazim 369,092,1643,320,248244,876 --26,189,922 Majority: yes
Elect Director: Thomas A. Kloet 366,733,4395,681,837242,013 --26,189,922 Majority: yes
Elect Director: Kathryn A. Koch 371,710,164740,300206,824 --26,189,922 Majority: yes
Elect Director: Holden Spaht 371,900,236502,397254,655 --26,189,922 Majority: yes
Elect Director: Michael R. Splinter 361,469,55510,964,230223,502 --26,189,922 Majority: yes
Elect Director: Johan Torgeby 371,712,026684,311260,951 --26,189,922 Majority: yes
Elect Director: Toni Townes-Whitley 371,715,298736,563205,428 --26,189,922 Majority: yes
Elect Director: Jeffery W. Yabuki 364,590,8597,594,153472,276 --26,189,922 Majority: yes
Elect Director: Alfred W. Zollar 369,424,1502,761,679471,458 --26,189,922 Majority: yes

Source: Nasdaq, Inc., Form 8-K, filed with the SEC on 2026-06-16 — read the filing on EDGAR.

How asset managers voted at the Nasdaq, Inc. 2025-2026 meeting

Each item below shows how the 881 asset managers that disclosed a Nasdaq, Inc. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Nasdaq, Inc.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Advisory vote to approve the Company's executive compensation as presented in the Proxy Statement

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-06-10.

Combines 6 wordings of this item as funds reported it.

97% fund support · no official result

FOR 97%

The 824 asset managers below cast 97% of the shares they voted on this item FOR (383,497,158 for, 10,298,484 against).

FOR: 383,497,158 (97.2%)AGAINST: 10,298,484 (2.6%)ABSTAIN: 521,303 (0.1%)NOT VOTED: 39,276 (0.0%)
Largest asset managers voting on “Advisory vote to approve the Company's executive compensation as presented in the Proxy Statement” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard55,381,830265 270For
Wellington33,831,2800 00For
MASSACHUSETTS FINANCIAL SERVICES CO /MA/33,306,3350 00For
BlackRock26,800,892900 00For
MFS19,919,2430 00For
Fidelity19,286,3970 00For
GEODE CAPITAL MANAGEMENT, LLC13,006,5890 00For
State Street12,420,56840,441 00For
Invesco8,073,4240 00For
HARRIS ASSOCIATES L P7,861,2100 00For
FRANKLIN ADVISERS INC6,828,1700 00For
John Hancock6,807,1350 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
Charles Schwab5,493,5990 00For
Select Equity Group, L.P.5,477,8690 00For
Nuveen4,730,6110 00For
TIAA4,304,9490 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Hartford3,672,141182 00For
Northern Trust3,531,7100 00For
Putnam3,212,8340 00For
Goldman Sachs2,927,7350 00For
Amundi2,721,50714,159 00For
Neuberger Berman2,514,6250 00For
PRINCIPAL GLOBAL INVESTORS2,262,9320 00For

Showing the 25 largest of 824 asset managers. See all 824 in the interactive database.

2. Election of 12 Directors: Adena T. Friedman

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-06-10.

Combines 5 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 354,514,962AGAINST: 15,796,027

Nasdaq, Inc.’s own tally for this item (“Elect Director: Adena T. Friedman”): 354,514,962 for, 15,796,027 against, per its Form 8-K filed 2026-06-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 564,750,026 outstanding shares: 63% for, 3% against (66% of the company cast a for/against vote).

The 156 asset managers below cast 99.9% of the shares they voted on this item FOR (152,949,074 for, 31,635 against).

FOR 99.9%
FOR: 152,949,074 (100.0%)AGAINST: 31,635 (0.0%)ABSTAIN: 10,364 (0.0%)NOT VOTED: 533 (0.0%)
Largest asset managers voting on “Election of 12 Directors: Adena T. Friedman” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,653,907319 290For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,101,8980 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,94928 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,6630 00For
Charles Schwab2,688,2460 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,576,5190 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable618,4107,480 00For
MUTUAL FUND SERIES TRUST573,8040 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 156 asset managers. See all 156 in the interactive database.

3. Election of 12 Directors: Alfred W. Zollar

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-06-10.

Combines 5 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%
FOR: 369,424,150AGAINST: 2,761,679

Nasdaq, Inc.’s own tally for this item (“Elect Director: Alfred W. Zollar”): 369,424,150 for, 2,761,679 against, per its Form 8-K filed 2026-06-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 564,750,026 outstanding shares: 65% for, 0.5% against (66% of the company cast a for/against vote).

The 156 asset managers below cast 99.9% of the shares they voted on this item FOR (152,956,841 for, 23,886 against).

FOR 99.9%
FOR: 152,956,841 (100.0%)AGAINST: 23,886 (0.0%)ABSTAIN: 10,345 (0.0%)NOT VOTED: 533 (0.0%)
Largest asset managers voting on “Election of 12 Directors: Alfred W. Zollar” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,654,16678 100For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,101,8980 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,9770 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,6630 00For
Charles Schwab2,688,2460 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,576,5190 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable625,8900 00For
MUTUAL FUND SERIES TRUST573,8040 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 156 asset managers. See all 156 in the interactive database.

4. Election 12 Directors: Charlene T. Begley

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-06-10.

Combines 6 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%8%
FOR: 342,183,018AGAINST: 30,268,143

Nasdaq, Inc.’s own tally for this item (“Elect Director: Charlene T. Begley”): 342,183,018 for, 30,268,143 against, per its Form 8-K filed 2026-06-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 564,750,026 outstanding shares: 61% for, 5% against (66% of the company cast a for/against vote).

The 156 asset managers below cast 99.0% of the shares they voted on this item FOR (151,463,610 for, 1,517,125 against).

FOR 99.0%
FOR: 151,463,610 (99.0%)AGAINST: 1,517,125 (1.0%)ABSTAIN: 10,339 (0.0%)NOT VOTED: 533 (0.0%)
Largest asset managers voting on “Election 12 Directors: Charlene T. Begley” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,573,15981,092 40For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,097,0184,880 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,92156 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,481182 00For
Charles Schwab2,687,0861,160 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,351,040225,479 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable625,8900 00For
MUTUAL FUND SERIES TRUST572,883921 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 156 asset managers. See all 156 in the interactive database.

5. Election of 12 Directors: Essa Kazim

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-06-10.

Combines 4 wordings of this item as funds reported it.

99.1% Majority: yes · of votes cast

FOR 99.1%
FOR: 369,092,164AGAINST: 3,320,248

Nasdaq, Inc.’s own tally for this item (“Elect Director: Essa Kazim”): 369,092,164 for, 3,320,248 against, per its Form 8-K filed 2026-06-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 564,750,026 outstanding shares: 65% for, 0.6% against (66% of the company cast a for/against vote).

The 156 asset managers below cast 99.9% of the shares they voted on this item FOR (152,956,827 for, 23,906 against).

FOR 99.9%
FOR: 152,956,827 (100.0%)AGAINST: 23,906 (0.0%)ABSTAIN: 10,339 (0.0%)NOT VOTED: 533 (0.0%)
Largest asset managers voting on “Election of 12 Directors: Essa Kazim” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,654,18070 40For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,101,8980 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,94928 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,6630 00For
Charles Schwab2,688,2460 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,576,5190 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable625,8900 00For
MUTUAL FUND SERIES TRUST573,8040 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 156 asset managers. See all 156 in the interactive database.

6. Election of 12 Directors: Holden Spaht

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-06-10.

Combines 4 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%
FOR: 371,900,236AGAINST: 502,397

Nasdaq, Inc.’s own tally for this item (“Elect Director: Holden Spaht”): 371,900,236 for, 502,397 against, per its Form 8-K filed 2026-06-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 564,750,026 outstanding shares: 66% for, 0.1% against (66% of the company cast a for/against vote).

The 156 asset managers below cast 99.9% of the shares they voted on this item FOR (152,959,323 for, 21,411 against).

FOR 99.9%
FOR: 152,959,323 (100.0%)AGAINST: 21,411 (0.0%)ABSTAIN: 10,338 (0.0%)NOT VOTED: 533 (0.0%)
Largest asset managers voting on “Election of 12 Directors: Holden Spaht” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,654,2429 30For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,101,8980 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,9770 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,6630 00For
Charles Schwab2,688,2460 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,576,5190 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable625,8900 00For
MUTUAL FUND SERIES TRUST573,8040 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 156 asset managers. See all 156 in the interactive database.

7. Election of 12 Directors: Jeffery W. Yabuki

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-06-10.

Combines 5 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 364,590,859AGAINST: 7,594,153

Nasdaq, Inc.’s own tally for this item (“Elect Director: Jeffery W. Yabuki”): 364,590,859 for, 7,594,153 against, per its Form 8-K filed 2026-06-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 564,750,026 outstanding shares: 65% for, 1% against (66% of the company cast a for/against vote).

The 156 asset managers below cast 99.9% of the shares they voted on this item FOR (152,956,737 for, 23,991 against).

FOR 99.9%
FOR: 152,956,737 (100.0%)AGAINST: 23,991 (0.0%)ABSTAIN: 10,345 (0.0%)NOT VOTED: 533 (0.0%)
Largest asset managers voting on “Election of 12 Directors: Jeffery W. Yabuki” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,654,062183 100For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,101,8980 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,9770 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,6630 00For
Charles Schwab2,688,2460 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,576,5190 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable625,8900 00For
MUTUAL FUND SERIES TRUST573,8040 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 156 asset managers. See all 156 in the interactive database.

8. Election of 12 Directors: Kathryn A. Koch

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-06-10.

Combines 5 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%
FOR: 371,710,164AGAINST: 740,300

Nasdaq, Inc.’s own tally for this item (“Elect Director: Kathryn A. Koch”): 371,710,164 for, 740,300 against, per its Form 8-K filed 2026-06-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 564,750,026 outstanding shares: 66% for, 0.2% against (66% of the company cast a for/against vote).

The 156 asset managers below cast 99.9% of the shares they voted on this item FOR (152,961,019 for, 19,716 against).

FOR 99.9%
FOR: 152,961,019 (100.0%)AGAINST: 19,716 (0.0%)ABSTAIN: 10,338 (0.0%)NOT VOTED: 533 (0.0%)
Largest asset managers voting on “Election of 12 Directors: Kathryn A. Koch” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,654,24210 30For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,101,8980 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,9770 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,6630 00For
Charles Schwab2,688,2460 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,576,5190 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable625,8900 00For
MUTUAL FUND SERIES TRUST573,8040 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 156 asset managers. See all 156 in the interactive database.

9. Election 12 Directors: Melissa M. Arnoldi

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-06-10.

Combines 6 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%
FOR: 371,650,892AGAINST: 801,492

Nasdaq, Inc.’s own tally for this item (“Elect Director: Melissa M. Arnoldi”): 371,650,892 for, 801,492 against, per its Form 8-K filed 2026-06-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 564,750,026 outstanding shares: 66% for, 0.2% against (66% of the company cast a for/against vote).

The 156 asset managers below cast 99.9% of the shares they voted on this item FOR (152,961,018 for, 19,717 against).

FOR 99.9%
FOR: 152,961,018 (100.0%)AGAINST: 19,717 (0.0%)ABSTAIN: 10,339 (0.0%)NOT VOTED: 533 (0.0%)
Largest asset managers voting on “Election 12 Directors: Melissa M. Arnoldi” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,654,24111 40For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,101,8980 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,9770 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,6630 00For
Charles Schwab2,688,2460 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,576,5190 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable625,8900 00For
MUTUAL FUND SERIES TRUST573,8040 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 156 asset managers. See all 156 in the interactive database.

10. Election of 12 Directors: Michael R. Splinter

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-06-10.

Combines 5 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 361,469,555AGAINST: 10,964,230

Nasdaq, Inc.’s own tally for this item (“Elect Director: Michael R. Splinter”): 361,469,555 for, 10,964,230 against, per its Form 8-K filed 2026-06-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 564,750,026 outstanding shares: 64% for, 2% against (66% of the company cast a for/against vote).

The 156 asset managers below cast 99.9% of the shares they voted on this item FOR (152,954,886 for, 27,248 against).

FOR 99.9%
FOR: 152,954,886 (100.0%)AGAINST: 27,248 (0.0%)ABSTAIN: 10,339 (0.0%)NOT VOTED: 533 (0.0%)
Largest asset managers voting on “Election of 12 Directors: Michael R. Splinter” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,654,021230 40For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,101,8980 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,92156 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,6630 00For
Charles Schwab2,688,2460 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,576,5190 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable625,8900 00For
MUTUAL FUND SERIES TRUST573,8040 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 156 asset managers. See all 156 in the interactive database.

11. Election of 12 Directors: Thomas A. Kloet

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-06-10.

Combines 5 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 366,733,439AGAINST: 5,681,837

Nasdaq, Inc.’s own tally for this item (“Elect Director: Thomas A. Kloet”): 366,733,439 for, 5,681,837 against, per its Form 8-K filed 2026-06-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 564,750,026 outstanding shares: 65% for, 1% against (66% of the company cast a for/against vote).

The 156 asset managers below cast 99.9% of the shares they voted on this item FOR (152,953,595 for, 27,138 against).

FOR 99.9%
FOR: 152,953,595 (100.0%)AGAINST: 27,138 (0.0%)ABSTAIN: 10,339 (0.0%)NOT VOTED: 533 (0.0%)
Largest asset managers voting on “Election of 12 Directors: Thomas A. Kloet” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,654,130120 40For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,101,8980 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,92156 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,6630 00For
Charles Schwab2,688,2460 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,576,5190 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable625,8900 00For
MUTUAL FUND SERIES TRUST573,8040 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 156 asset managers. See all 156 in the interactive database.

12. Election of 12 Directors: Toni Townes-Whitley

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-06-10.

Combines 4 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%
FOR: 371,715,298AGAINST: 736,563

Nasdaq, Inc.’s own tally for this item (“Elect Director: Toni Townes-Whitley”): 371,715,298 for, 736,563 against, per its Form 8-K filed 2026-06-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 564,750,026 outstanding shares: 66% for, 0.2% against (66% of the company cast a for/against vote).

The 156 asset managers below cast 99.9% of the shares they voted on this item FOR (152,961,019 for, 19,716 against).

FOR 99.9%
FOR: 152,961,019 (100.0%)AGAINST: 19,716 (0.0%)ABSTAIN: 10,338 (0.0%)NOT VOTED: 533 (0.0%)
Largest asset managers voting on “Election of 12 Directors: Toni Townes-Whitley” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,654,24210 30For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,101,8980 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,9770 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,6630 00For
Charles Schwab2,688,2460 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,576,5190 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable625,8900 00For
MUTUAL FUND SERIES TRUST573,8040 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 156 asset managers. See all 156 in the interactive database.

13. Election of 12 Directors: Johan Torgeby

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-06-10.

Combines 4 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%
FOR: 371,712,026AGAINST: 684,311

Nasdaq, Inc.’s own tally for this item (“Elect Director: Johan Torgeby”): 371,712,026 for, 684,311 against, per its Form 8-K filed 2026-06-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 564,750,026 outstanding shares: 66% for, 0.2% against (66% of the company cast a for/against vote).

The 155 asset managers below cast 99.9% of the shares they voted on this item FOR (152,961,995 for, 17,338 against).

FOR 99.9%
FOR: 152,961,995 (100.0%)AGAINST: 17,338 (0.0%)ABSTAIN: 10,339 (0.0%)NOT VOTED: 533 (0.0%)
Largest asset managers voting on “Election of 12 Directors: Johan Torgeby” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,654,21238 40For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,101,8980 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,9770 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,6630 00For
Charles Schwab2,688,2460 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,576,5190 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable625,8900 00For
MUTUAL FUND SERIES TRUST573,8040 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 155 asset managers. See all 155 in the interactive database.

14. Ratification of the appointment of Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2026

AUDIT-RELATED

Meeting held 2026-06-10.

Combines 3 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.8%

The 152 asset managers below cast 99.9% of the shares they voted on this item FOR (152,519,702 for, 147,389 against).

FOR: 152,519,702 (99.9%)AGAINST: 147,389 (0.1%)ABSTAIN: 10,336 (0.0%)NOT VOTED: 533 (0.0%)
Largest asset managers voting on “Ratification of the appointment of Ernst & Young LLP as our independent registered public accounting firm for ” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard52,573,32780,926 10For
MFS19,919,2430 00For
Fidelity15,416,1130 00For
BlackRock12,099,3482,550 00For
FRANKLIN MANAGED TRUST5,690,0000 00For
State Street4,997,92156 00For
TIAA4,302,5970 00For
HARRIS ASSOCIATES INVESTMENT TRUST4,162,5050 00For
Invesco3,679,2990 00For
Hartford3,646,481182 00For
Charles Schwab2,688,2460 00For
John Hancock2,416,5550 00For
Principal1,577,7300 00For
Jackson National1,576,5190 00For
Putnam1,118,6570 00For
Thrivent985,2850 00For
Lord Abbett844,7510 00For
OLD WESTBURY FUNDS INC830,7000 00For
Dimensional765,2270 00For
Lincoln Financial693,9280 00For
Transamerica667,2750 00For
Equitable618,4107,480 00For
MUTUAL FUND SERIES TRUST572,883921 00For
MASSACHUSETTS INVESTORS TRUST567,1160 00For
MASTER INVESTMENT PORTFOLIO550,3180 00For

Showing the 25 largest of 152 asset managers. See all 152 in the interactive database.

15. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-06-10.

83% fund support · no official result

FOR 83%AGAINST 17%

The 27 asset managers below cast 83% of the shares they voted on this item FOR (2,364,449 for, 490,312 against).

FOR: 2,364,449 (82.8%)AGAINST: 490,312 (17.2%)
Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
APG Asset Management US Inc.981,5860 00For
Dundas Partners LLP512,0230 00For
STOREBRAND ASSET MANAGEMENT AS220,7140 00For
Vinva Investment Management Ltd220,4450 00For
Cardano Risk Management B.V.0203,330 00Against
MIROVA0167,813 00Against
NORDEA INVESTMENT MANAGEMENT AB128,0710 00For
Empower75,6800 00For
Mirova US LLC062,223 00Against
Castlefield Investment Partners LLP056,946 00Against
GROUPAMA ASSET MANAGMENT31,8210 00For
TD Waterhouse Canada Inc.31,6730 00For
Wilshire Advisors LLC30,5980 00For
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma28,7170 00For
Erste Asset Management GmbH25,0090 00For
Universal-Investment-Gesellschaft mbH20,8610 00For
Osmosis Investment Management UK Ltd13,8490 00For
WHITENER CAPITAL MANAGEMENT, INC.13,4100 00For
Metzler Asset Management GmbH9,3740 00For
CLEARWATER INVESTMENT TRUST6,0850 00For
Coyle Financial Counsel LLC5,9910 00For
TOBAM5,1030 00For
Universal-Investment-Luxembourg S.A.2,5500 00For
Convergence Investment Partners, LLC6480 00For
Plato Investment Management Ltd1560 00For

Showing the 25 largest of 27 asset managers. See all 27 in the interactive database.

16. 14A Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-06-10.

81% fund support · no official result

FOR 67%AGAINST 16%ABSTAIN 17%

The 7 asset managers below cast 81% of the shares they voted on this item FOR (91,474 for, 22,000 against).

FOR: 91,474 (66.6%)AGAINST: 22,000 (16.0%)ABSTAIN: 23,883 (17.4%)
Largest asset managers voting on “14A Executive Compensation” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Baker Avenue Asset Management, LP58,2740 00For
LEAVELL INVESTMENT MANAGEMENT, INC.00 23,8830Abstain
WILLIAMSBURG INVESTMENT TRUST022,000 00Against
Stony Point Capital LLC19,1320 00For
TEALWOOD ASSET MANAGEMENT INC10,1920 00For
PEDDOCK CAPITAL ADVISORS, LLC2,8290 00For
MQS Management LLC1,0470 00For

17. To approve the Companys executive compensation on an advisory basis.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-06-10.

Combines 4 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.8%

The 4 asset managers below cast 100% of the shares they voted on this item FOR (28,454,433 for, 0 against).

FOR: 28,454,433 (99.9%)NOT VOTED: 30,126 (0.1%)
Largest asset managers voting on “To approve the Companys executive compensation on an advisory basis.” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
INVESTOR AB28,277,1490 00For
Northern Right Capital Management, L.P.177,2840 00For
National Philanthropic Trust00 00Not Voted
IPConcept (Luxemburg) S.A.00 00--

18. Advisory vote to approve the Company's executive compensation as presented in the Proxy Statement

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-06-11 (outside the 2025-2026 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 374,959,617AGAINST: 15,236,717

Nasdaq, Inc.’s own tally for this item (“Proposal 2: Approval of the Company's Executive Compensation on an Advisory Basis”): 374,959,617 for, 15,236,717 against, per its Form 8-K filed 2025-06-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 564,750,026 outstanding shares: 66% for, 3% against (69% of the company cast a for/against vote).

The 4 asset managers below cast 32% of the shares they voted on this item FOR (55,437 for, 118,038 against).

FOR 32%AGAINST 68%
FOR: 55,437 (32.0%)AGAINST: 118,038 (68.0%)
Largest asset managers voting on “Advisory vote to approve the Company's executive compensation as presented in the Proxy Statement” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
PENSIOENFONDS RAIL & OV0101,110 00Against
GLENMEDE FUND INC41,4020 00For
OSSIAM016,928 00Against
Investment Management Corp of Ontario14,0350 00For

19. Ratify Ernst & Young LLP as Auditors

AUDIT-RELATED

Meeting held 2026-06-10.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (106,774 for, 0 against).

FOR: 106,774 (100.0%)
Largest asset managers voting on “Ratify Ernst & Young LLP as Auditors” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Empower75,6800 00For
Erste Asset Management GmbH25,0090 00For
CLEARWATER INVESTMENT TRUST6,0850 00For

20. Ratify Appointment of Independent Auditors

AUDIT-RELATED

Meeting held 2026-06-10.

14% fund support · no official result

14%AGAINST 86%

The 3 asset managers below cast 14% of the shares they voted on this item FOR (32,192 for, 203,330 against).

FOR: 32,192 (13.7%)AGAINST: 203,330 (86.3%)
Largest asset managers voting on “Ratify Appointment of Independent Auditors” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Cardano Risk Management B.V.0203,330 00Against
WILLIAMSBURG INVESTMENT TRUST22,0000 00For
TEALWOOD ASSET MANAGEMENT INC10,1920 00For

21. ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION ("SAY-ON-PAY" VOTE)

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-06-10.

Combines 2 wordings of this item as funds reported it.

0.4% fund support · no official result

AGAINST 99.6%

The 2 asset managers below cast 0.4% of the shares they voted on this item FOR (210 for, 53,596 against).

FOR: 210 (0.4%)AGAINST: 53,596 (99.6%)
Largest asset managers voting on “ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION ("SAY-ON-PAY" VOTE)” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
EDMOND DE ROTHSCHILD HOLDING S.A.053,596 00Against
BENDER ROBERT & ASSOCIATES2100 00For

22. Audit Related

AUDIT-RELATED

Meeting held 2026-06-10.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (798 for, 0 against).

FOR: 798 (100.0%)
Largest asset managers voting on “Audit Related” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Two Roads Shared Trust7780 00For
Members Trust Co200 00For

23. Compensation

COMPENSATION

Meeting held 2026-06-10.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (798 for, 0 against).

FOR: 798 (100.0%)
Largest asset managers voting on “Compensation” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Two Roads Shared Trust7780 00For
Members Trust Co200 00For

24. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2026-06-10.

All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR.

FOR: 100.0%
Largest asset managers voting on “Election of Directors (Majority Voting)” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
WILLIAMSBURG INVESTMENT TRUST22,0000 00For
TEALWOOD ASSET MANAGEMENT INC10,1920 00For

25. Say on Pay

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-06-10.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (293 for, 0 against).

FOR: 293 (100.0%)
Largest asset managers voting on “Say on Pay” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Empower2370 00For
Arista Wealth Management, LLC560 00For

26. To Approve, By An Advisory Vote, The Compensation Of The Company's Named Executives

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-06-10.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (124 for, 0 against).

FOR: 124 (100.0%)
Largest asset managers voting on “To Approve, By An Advisory Vote, The Compensation Of The Company's Named Executives” at Nasdaq, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Modern Wealth Management, LLC620 00For
Tandem Financial, LLC620 00For

Largest Nasdaq, Inc. shareholders voting in 2025-2026

Ranked by the number of Nasdaq, Inc. shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 564,750,026 shares outstanding at the time of that meeting.

Top Nasdaq, Inc. shareholders by shares voted, 2025-2026
#Asset manager % of shares outstanding
1Vanguard 9.81%
2Wellington 5.99%
3MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 5.90%
4BlackRock 4.75%
5MFS 3.53%
6Fidelity 3.42%
7GEODE CAPITAL MANAGEMENT, LLC 2.30%
8State Street 2.21%
9Invesco 1.43%
10HARRIS ASSOCIATES L P 1.39%

Reported Nasdaq, Inc. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

Nasdaq, Inc. beneficial owners on record for the 2025-2026 proxy season
Holder % outstanding Disclosure
Vanguard Group 10.61% 13F
Investor AB 10.34% DEF14A
Borse Dubai Limited 10.33% DEF14A
BlackRock 6.76% 13F
Wellington Management 6.42% 13F
Massachusetts Financial Services Company 4.12% 13G
State Street 3.49% 13F
Morgan Stanley 1.64% 13F
Franklin Templeton 1.62% 13F
Invesco 0.79% 13F

Percentages above are of 564,750,026 shares outstanding, as reported by Nasdaq, Inc. on its Form 10-Q dated 2026-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from Nasdaq, Inc.’s 10-Q dated 2026-03-31. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.

At Nasdaq, Inc.'s shareholder meeting held 2026-06-10, in the 2025-2026 proxy season, 881 asset managers reported how they voted in their SEC Form N-PX filings, covering 12,277 separate fund positions. Their filings are grouped here into 26 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. Nasdaq, Inc.'s own Form 8-K tally for this meeting is published below, but no row in it could be matched to the most widely held item, so this page states no certified outcome for that item. On that item — Advisory vote to approve the Company's executive compensation as presented in the Proxy… — the reporting funds cast 97% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

Nasdaq, Inc. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).