NASDAQ INC

Ticker: NDAQ CUSIP: 631103108 Class: COM

HORIZON KINETICS ASSET MANAGEMENT LLC's Holding History (CIK: 0001056823)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 70,822 Value ($000) $6,879 Avg Close $89.74 Range $84.51 - $99.59

Q3 2025

Shares 69,970 Value ($000) $6,189 Avg Close $92.14 Range $85.86 - $97.06

Q2 2025

Shares 69,496 Value ($000) $6,214 Avg Close $79.17 Range $64.26 - $89.12

Q1 2025

Shares 103,343 Value ($000) $7,840 Avg Close $77.78 Range $70.93 - $83.12

Q4 2024

Shares 103,246 Value ($000) $7,982 Avg Close $76.22 Range $69.54 - $82.51

Q3 2024

Shares 102,918 Value ($000) $7,514 Avg Close $67.05 Range $58.37 - $73.75

Q2 2024

Shares 103,573 Value ($000) $6,241 Avg Close $59.26 Range $56.80 - $62.81

Q1 2024

Shares 104,059 Value ($000) $6,566 Avg Close $56.40 Range $53.48 - $62.10

Q4 2023

Shares 105,076 Value ($000) $6,109 Avg Close $51.21 Range $45.48 - $56.86

Q3 2023

Shares 109,153 Value ($000) $5,304 Avg Close $48.99 Range $46.45 - $52.31

Q2 2023

Shares 109,666 Value ($000) $5,467 Avg Close $52.14 Range $47.29 - $55.82

Q1 2023

Shares 107,250 Value ($000) $5,863 Avg Close $55.41 Range $49.15 - $61.23

Q4 2022

Shares 110,086 Value ($000) $6,754 Avg Close $59.57 Range $52.22 - $66.33

Q3 2022

Shares 118,118 Value ($000) $6,695 Avg Close $56.05 Range $48.10 - $61.70

Q2 2022

Shares 40,337 Value ($000) $6,153 Avg Close $50.24 Range $44.37 - $58.40

Q1 2022

Shares 40,456 Value ($000) $7,209 Avg Close $55.99 Range $50.74 - $66.46

Q4 2021

Shares 40,320 Value ($000) $8,468 Avg Close $64.29 Range $59.33 - $67.57

Q3 2021

Shares 39,954 Value ($000) $7,712 Avg Close $59.23 Range $54.41 - $62.83

Q2 2021

Shares 40,418 Value ($000) $7,106 Avg Close $51.63 Range $46.15 - $56.59

Q1 2021

Shares 40,052 Value ($000) $5,906 Avg Close $44.40 Range $40.70 - $47.33

Q4 2020

Shares 32,682 Value ($000) $4,338 Avg Close $39.45 Range $37.15 - $43.28

Q3 2020

Shares 33,054 Value ($000) $4,056 Avg Close $39.57 Range $36.61 - $42.63

Q2 2020

Shares 27,501 Value ($000) $3,286 Avg Close $34.41 Range $27.70 - $37.75

Q1 2020

Shares 10,280 Value ($000) $976 Avg Close $32.57 Range $22.06 - $36.83

Q4 2019

Shares 10,821 Value ($000) $1,159 Avg Close $31.21 Range $29.06 - $33.17

Q3 2019

Shares 10,821 Value ($000) $1,075 Avg Close $30.30 Range $28.36 - $31.95

Q2 2019

Shares 10,821 Value ($000) $1,041 Avg Close $27.79 Range $26.13 - $29.96

Q1 2019

Shares 10,821 Value ($000) $947 Avg Close $25.70 Range $23.63 - $27.79

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	70,822	$6,879	$89.74	$84.51 - $99.59
Q3 2025	69,970	$6,189	$92.14	$85.86 - $97.06
Q2 2025	69,496	$6,214	$79.17	$64.26 - $89.12
Q1 2025	103,343	$7,840	$77.78	$70.93 - $83.12
Q4 2024	103,246	$7,982	$76.22	$69.54 - $82.51
Q3 2024	102,918	$7,514	$67.05	$58.37 - $73.75
Q2 2024	103,573	$6,241	$59.26	$56.80 - $62.81
Q1 2024	104,059	$6,566	$56.40	$53.48 - $62.10
Q4 2023	105,076	$6,109	$51.21	$45.48 - $56.86
Q3 2023	109,153	$5,304	$48.99	$46.45 - $52.31
Q2 2023	109,666	$5,467	$52.14	$47.29 - $55.82
Q1 2023	107,250	$5,863	$55.41	$49.15 - $61.23
Q4 2022	110,086	$6,754	$59.57	$52.22 - $66.33
Q3 2022	118,118	$6,695	$56.05	$48.10 - $61.70
Q2 2022	40,337	$6,153	$50.24	$44.37 - $58.40
Q1 2022	40,456	$7,209	$55.99	$50.74 - $66.46
Q4 2021	40,320	$8,468	$64.29	$59.33 - $67.57
Q3 2021	39,954	$7,712	$59.23	$54.41 - $62.83
Q2 2021	40,418	$7,106	$51.63	$46.15 - $56.59
Q1 2021	40,052	$5,906	$44.40	$40.70 - $47.33
Q4 2020	32,682	$4,338	$39.45	$37.15 - $43.28
Q3 2020	33,054	$4,056	$39.57	$36.61 - $42.63
Q2 2020	27,501	$3,286	$34.41	$27.70 - $37.75
Q1 2020	10,280	$976	$32.57	$22.06 - $36.83
Q4 2019	10,821	$1,159	$31.21	$29.06 - $33.17
Q3 2019	10,821	$1,075	$30.30	$28.36 - $31.95
Q2 2019	10,821	$1,041	$27.79	$26.13 - $29.96
Q1 2019	10,821	$947	$25.70	$23.63 - $27.79