AIVL2.224%
as of Oct 23
NDAQ
GrowthNASDAQ INC
Nasdaq, Inc. operates as a technology company that serves capital markets and other industries in the United States and internationally. It operates through three segments: Capital Access Platforms, Financial Technology, and Market Services. The company distributes historical and real-time market data; develops and licenses Nasdaq-branded indices and financial products; provides investor relations intelligence, governance solutions, and sustainability solution products for public and private companies, and organizations, as well as insights and workflow solutions; and operates listing platforms.
Close · 3M
+12.65%
Held by 1 AI ETF
Signal performance
Each tracked ETF's moves on this stock, grouped by fund. Returns are measured from the signal date to the latest close — hypothetical, no commissions or slippage.
Buy signals21
Win rate90% (19/21)
Avg buy return+5.74%
AIVL · Accumulation · 5d
weight 2.031% → 2.224% (+0.194 pp)·stock up 8.5% in the 30 days before
Oct 23·entry $102.56·now $102.56Fresh
0.00%
since Oct 23
AIVL · Accumulation · 5d
weight 2.057% → 2.227% (+0.171 pp)·stock up 8.2% in the 30 days before
Oct 22·entry $103.30·now $102.56Fresh
-0.72%
since Oct 22
AIVL · Weight increase · 2d
weight 2.046% → 2.083% (+0.037 pp)·stock up 1.7% in the 30 days before
Oct 21·entry $96.12·now $102.56Drifting
+6.70%
since Oct 21
AIVL · Weight increase · 2d
weight 2.031% → 2.058% (+0.028 pp)·stock up 2.9% in the 30 days before
Oct 16·entry $93.97·now $102.56Drifting
+9.14%
since Oct 16
AIVL · Weight decrease · 2d
weight 2.073% → 2.031% (-0.043 pp)·stock up 3.1% in the 30 days before
Oct 14·entry $91.96·now $102.56
+11.53%
since Oct 14
AIVL · Weight increase · 2d
weight 2.056% → 2.073% (+0.017 pp)·stock up 3.4% in the 30 days before
Oct 12·entry $94.29·now $102.56Drifting
+8.77%
since Oct 12
AIVL · Weight decrease · 2d
weight 2.893% → 2.039% (-0.854 pp)·stock down 5.6% in the 30 days before
Oct 2·entry $90.33·now $102.56
+13.54%
since Oct 2
AIVL · Weight decrease · 4d
weight 2.949% → 2.875% (-0.074 pp)·stock down 7.5% in the 30 days before
Sep 29·entry $91.85·now $102.56
+11.66%
since Sep 29
AIVL · Weight decrease · 3d
weight 2.949% → 2.896% (-0.053 pp)·stock down 6.8% in the 30 days before
Sep 28·entry $92.62·now $102.56
+10.73%
since Sep 28
AIVL · Weight decrease · 2d
weight 2.949% → 2.909% (-0.040 pp)·stock down 6.0% in the 30 days before
Sep 25·entry $93.55·now $102.56
+9.63%
since Sep 25
AIVL · Accumulation · 5d
weight 2.740% → 2.938% (+0.198 pp)·stock down 4.2% in the 30 days before
Sep 24·entry $94.55·now $102.56Drifting
+8.47%
since Sep 24
AIVL · Accumulation · 5d
weight 2.802% → 2.949% (+0.147 pp)·stock down 3.4% in the 30 days before
Sep 23·entry $95.44·now $102.56Drifting
+7.46%
since Sep 23
AIVL · Accumulation · 5d
weight 2.786% → 2.911% (+0.125 pp)·stock down 3.8% in the 30 days before
Sep 22·entry $94.50·now $102.56Drifting
+8.53%
since Sep 22
AIVL · Accumulation · 5d
weight 2.827% → 2.910% (+0.084 pp)·stock down 2.9% in the 30 days before
Sep 21·entry $94.69·now $102.56Drifting
+8.31%
since Sep 21
AIVL · Weight increase · 3d
weight 2.740% → 2.887% (+0.146 pp)·stock down 2.9% in the 30 days before
Sep 18·entry $93.54·now $102.56Drifting
+9.64%
since Sep 18
AIVL · Weight increase · 2d
weight 2.740% → 2.809% (+0.069 pp)·stock down 5.6% in the 30 days before
Sep 17·entry $91.31·now $102.56Chased
+12.32%
since Sep 17
AIVL · Weight decrease · 2d
weight 2.881% → 2.786% (-0.095 pp)·stock down 4.7% in the 30 days before
Sep 11·entry $91.19·now $102.56
+12.47%
since Sep 11
AIVL · Weight decrease · 2d
weight 2.955% → 2.878% (-0.077 pp)·stock up 0.5% in the 30 days before
Sep 8·entry $95.04·now $102.56
+7.91%
since Sep 8
+4.01%
since Aug 31
+3.27%
since Aug 28
+3.23%
since Aug 27
+3.11%
since Aug 26
+3.88%
since Aug 25
+3.82%
since Aug 24
+4.42%
since Aug 21
+5.14%
since Aug 20
+6.05%
since Aug 18
AIVL · Weight increase · 2d
stock up 6.8% in the 30 days before
Aug 13·entry $97.59·now $102.56Drifting
+5.09%
since Aug 13
Sell signals show what the stock did after the AI exited. A negative number means the AI's exit was well-timed.
Buffett-style framework
Fails the frameworkas of Oct 18
AIVL holds a roughly 2.06% position and has been making small adjustments, with weight up 0.0277pp on Oct 16, down 0.0426pp on Oct 14, and up 0.0170pp on Oct 12, which amounts to holding steady rather than conviction buying. QRFT's 0.11% stake is minimal. The AI ETFs' willingness to hold a quality compounder contrasts with the framework's Fail verdict on price, though the two agree that the business itself has a strong moat.
- Circle of CompetenceNasdaq earns recurring fees from exchange listings, trading, clearing, index licensing, and software and data subscriptions, which makes its unit economics stable enough to project ten-year cash flows.
- Economic MoatNetwork effects in liquidity and listings, high switching costs for its data and technology clients, and regulatory entrenchment form a durable moat, and the same features are why the business is so profitable.
- ManagementManagement candor and insider ownership cannot be judged from the data provided, and the large Adenza acquisition and its debt-funded price call for closer scrutiny of capital allocation.
- Financial HealthROE of 16.3% clears the 15% bar and revenue growth of 7.88% is steady, though the ten-year ROE record and the leverage left after the Adenza deal were not provided, and owner earnings are likely positive given the asset-light model.
- Margin of SafetyA PER of 26.43, a PBR of 4.54, and an EV/EBITDA of 30.87 price in the quality of the business and leave no clear margin of safety against a conservative estimate of intrinsic value.
Nasdaq sits comfortably inside the circle of competence and has a wide moat built on network effects and switching costs, with a respectable 16.3% ROE. Management quality could not be fully assessed, and the valuation multiples leave no margin of safety. The framework would admire the business but wait for a much lower price.
Educational interpretation generated by AI applying frameworks Warren Buffett documented in his shareholder letters and other public writings. Not a statement by Mr. Buffett or Berkshire Hathaway, and not investment advice.