NASDAQ INC

Ticker: NDAQ CUSIP: 631103108 Class: COM

State of Tennessee, Department of Treasury's Holding History (CIK: 0001587973)

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

Q4 2025

Shares 150,214 Value ($000) $14,554 Avg Close $89.74 Range $84.51 - $99.59

Q3 2025

Shares 132,462 Value ($000) $11,716 Avg Close $92.14 Range $85.86 - $97.06

Q2 2025

Shares 132,462 Value ($000) $11,845 Avg Close $79.17 Range $64.26 - $89.12

Q1 2025

Shares 134,435 Value ($000) $10,198 Avg Close $77.78 Range $70.93 - $83.12

Q4 2024

Shares 149,878 Value ($000) $11,587 Avg Close $76.22 Range $69.54 - $82.51

Q3 2024

Shares 136,315 Value ($000) $9,952 Avg Close $67.05 Range $58.37 - $73.75

Q2 2024

Shares 121,685 Value ($000) $7,333 Avg Close $59.26 Range $56.80 - $62.81

Q1 2024

Shares 120,369 Value ($000) $7,595 Avg Close $56.40 Range $53.48 - $62.10

Q4 2023

Shares 52,331 Value ($000) $3,043 Avg Close $51.21 Range $45.48 - $56.86

Q3 2023

Shares 52,331 Value ($000) $2,543 Avg Close $48.99 Range $46.45 - $52.31

Q2 2023

Shares 53,225 Value ($000) $2,653 Avg Close $52.14 Range $47.29 - $55.82

Q1 2023

Shares 53,225 Value ($000) $2,910 Avg Close $55.41 Range $49.15 - $61.23

Q4 2022

Shares 109,240 Value ($000) $7 Avg Close $59.57 Range $52.22 - $66.33

Q3 2022

Shares 113,337 Value ($000) $6 Avg Close $56.05 Range $48.10 - $61.70

Q2 2022

Shares 18,525 Value ($000) $2,826 Avg Close $50.24 Range $44.37 - $58.40

Q1 2022

Shares 18,525 Value ($000) $3,301 Avg Close $55.99 Range $50.74 - $66.46

Q4 2021

Shares 30,307 Value ($000) $6,364 Avg Close $64.29 Range $59.33 - $67.57

Q3 2021

Shares 19,409 Value ($000) $3,747 Avg Close $59.23 Range $54.41 - $62.83

Q2 2021

Shares 20,460 Value ($000) $3,597 Avg Close $51.63 Range $46.15 - $56.59

Q1 2021

Shares 20,512 Value ($000) $3,025 Avg Close $44.40 Range $40.70 - $47.33

Q4 2020

Shares 37,801 Value ($000) $5,018 Avg Close $39.45 Range $37.15 - $43.28

Q3 2020

Shares 40,410 Value ($000) $4,959 Avg Close $39.57 Range $36.61 - $42.63

Q2 2020

Shares 23,613 Value ($000) $2,821 Avg Close $34.41 Range $27.70 - $37.75

Q1 2020

Shares 45,959 Value ($000) $4,363 Avg Close $32.57 Range $22.06 - $36.83

Q4 2019

Shares 27,336 Value ($000) $2,928 Avg Close $31.21 Range $29.06 - $33.17

Q3 2019

Shares 83,289 Value ($000) $8,275 Avg Close $30.30 Range $28.36 - $31.95

Q2 2019

Shares 81,406 Value ($000) $7,828 Avg Close $27.79 Range $26.13 - $29.96

Q1 2019

Shares 113,651 Value ($000) $9,943 Avg Close $25.70 Range $23.63 - $27.79

Q4 2018

Shares 114,420 Value ($000) $9,333 Avg Close $25.58 Range $22.68 - $27.84

Q3 2018

Shares 110,384 Value ($000) $9,471 Avg Close $27.51 Range $25.63 - $28.81

Q2 2018

Shares 112,674 Value ($000) $10,284 Avg Close $26.73 Range $25.01 - $28.50

Q1 2018

Shares 65,774 Value ($000) $5,671 Avg Close $23.90 Range $21.51 - $25.65

Q4 2017

Shares 70,102 Value ($000) $5,386 Avg Close $22.22 Range $21.02 - $23.51

Q3 2017

Shares 81,768 Value ($000) $6,343 Avg Close $21.78 Range $20.29 - $22.97

Q2 2017

Shares 31,173 Value ($000) $2,229 Avg Close $20.04 Range $19.15 - $21.05

Q1 2017

Shares 31,418 Value ($000) $2,182 Avg Close $20.15 Range $19.10 - $20.96

Q4 2016

Shares 35,544 Value ($000) $2,386 Avg Close $19.05 Range $18.21 - $20.06

Q3 2016

Shares 37,542 Value ($000) $2,536 Avg Close $19.86 Range $18.09 - $20.59

Q2 2016

Shares 25,445 Value ($000) $1,646 Avg Close $18.30 Range $17.45 - $18.99

Q1 2016

Shares 165,670 Value ($000) $10,997 Avg Close $17.55 Range $15.69 - $19.26

Q4 2015

Shares 154,271 Value ($000) $8,974 Avg Close $16.16 Range $14.41 - $17.06

Q3 2015

Shares 55,891 Value ($000) $2,981 Avg Close $14.48 Range $13.44 - $15.38

Q2 2015

Shares 56,491 Value ($000) $2,757 Avg Close $14.10 Range $13.46 - $14.81

Q1 2015

Shares 19,700 Value ($000) $1,004 Avg Close $13.63 Range $12.50 - $14.32

Q4 2014

Shares 19,700 Value ($000) $945 Avg Close $12.28 Range $10.69 - $13.87

Q3 2014

Shares 179,700 Value ($000) $7,623 Avg Close $11.67 Range $10.62 - $12.33

Q2 2014

Shares 19,700 Value ($000) $761 Avg Close $10.13 Range $9.24 - $10.87

Q1 2014

Shares 19,700 Value ($000) $728 Avg Close $10.67 Range $10.00 - $11.35

Q4 2013

Shares 19,700 Value ($000) $784 Avg Close $10.07 Range $8.71 - $11.14

Q3 2013

Shares 20,900 Value ($000) $671 Avg Close $8.76 Range $8.06 - $9.39

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	150,214	$14,554	$89.74	$84.51 - $99.59
Q3 2025	132,462	$11,716	$92.14	$85.86 - $97.06
Q2 2025	132,462	$11,845	$79.17	$64.26 - $89.12
Q1 2025	134,435	$10,198	$77.78	$70.93 - $83.12
Q4 2024	149,878	$11,587	$76.22	$69.54 - $82.51
Q3 2024	136,315	$9,952	$67.05	$58.37 - $73.75
Q2 2024	121,685	$7,333	$59.26	$56.80 - $62.81
Q1 2024	120,369	$7,595	$56.40	$53.48 - $62.10
Q4 2023	52,331	$3,043	$51.21	$45.48 - $56.86
Q3 2023	52,331	$2,543	$48.99	$46.45 - $52.31
Q2 2023	53,225	$2,653	$52.14	$47.29 - $55.82
Q1 2023	53,225	$2,910	$55.41	$49.15 - $61.23
Q4 2022	109,240	$7	$59.57	$52.22 - $66.33
Q3 2022	113,337	$6	$56.05	$48.10 - $61.70
Q2 2022	18,525	$2,826	$50.24	$44.37 - $58.40
Q1 2022	18,525	$3,301	$55.99	$50.74 - $66.46
Q4 2021	30,307	$6,364	$64.29	$59.33 - $67.57
Q3 2021	19,409	$3,747	$59.23	$54.41 - $62.83
Q2 2021	20,460	$3,597	$51.63	$46.15 - $56.59
Q1 2021	20,512	$3,025	$44.40	$40.70 - $47.33
Q4 2020	37,801	$5,018	$39.45	$37.15 - $43.28
Q3 2020	40,410	$4,959	$39.57	$36.61 - $42.63
Q2 2020	23,613	$2,821	$34.41	$27.70 - $37.75
Q1 2020	45,959	$4,363	$32.57	$22.06 - $36.83
Q4 2019	27,336	$2,928	$31.21	$29.06 - $33.17
Q3 2019	83,289	$8,275	$30.30	$28.36 - $31.95
Q2 2019	81,406	$7,828	$27.79	$26.13 - $29.96
Q1 2019	113,651	$9,943	$25.70	$23.63 - $27.79
Q4 2018	114,420	$9,333	$25.58	$22.68 - $27.84
Q3 2018	110,384	$9,471	$27.51	$25.63 - $28.81
Q2 2018	112,674	$10,284	$26.73	$25.01 - $28.50
Q1 2018	65,774	$5,671	$23.90	$21.51 - $25.65
Q4 2017	70,102	$5,386	$22.22	$21.02 - $23.51
Q3 2017	81,768	$6,343	$21.78	$20.29 - $22.97
Q2 2017	31,173	$2,229	$20.04	$19.15 - $21.05
Q1 2017	31,418	$2,182	$20.15	$19.10 - $20.96
Q4 2016	35,544	$2,386	$19.05	$18.21 - $20.06
Q3 2016	37,542	$2,536	$19.86	$18.09 - $20.59
Q2 2016	25,445	$1,646	$18.30	$17.45 - $18.99
Q1 2016	165,670	$10,997	$17.55	$15.69 - $19.26
Q4 2015	154,271	$8,974	$16.16	$14.41 - $17.06
Q3 2015	55,891	$2,981	$14.48	$13.44 - $15.38
Q2 2015	56,491	$2,757	$14.10	$13.46 - $14.81
Q1 2015	19,700	$1,004	$13.63	$12.50 - $14.32
Q4 2014	19,700	$945	$12.28	$10.69 - $13.87
Q3 2014	179,700	$7,623	$11.67	$10.62 - $12.33
Q2 2014	19,700	$761	$10.13	$9.24 - $10.87
Q1 2014	19,700	$728	$10.67	$10.00 - $11.35
Q4 2013	19,700	$784	$10.07	$8.71 - $11.14
Q3 2013	20,900	$671	$8.76	$8.06 - $9.39