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Tradeweb Markets Inc.

TW
Exchange
Nasdaq
Industry
Security & Commodity Brokers, Dealers, Exchanges & Services
SEC CIK
0001758730

In the last 90 days, Tradeweb Markets Inc. insiders filed 0 open-market purchases and 1 sale; 565 institutions reported holding it in 13F filings for Q2 2026, worth $11.6B in total; Viking Global Investors is the only superinvestor holding it.

13F holders, Q4 2023

Institutional positions in Tradeweb Markets Inc. as of Dec 31, 2023. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
411
+51 vs. Q3 2023
Shares held
114.4M
+1.08M (+1.0%) vs. Q3 2023
Total value
$10.4B
+$1.30B (+14.2%) vs. Q3 2023
New holders
85
157 more added
Sold out
34
128 more reduced

5 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2023: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting TW on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2023: 411 institutions
Q1 2021: 279 institutionsQ2 2021: 277 institutionsQ3 2021: 296 institutionsQ4 2021: 320 institutionsQ1 2022: 321 institutionsQ2 2022: 334 institutionsQ3 2022: 333 institutionsQ4 2022: 341 institutionsQ1 2023: 355 institutionsQ2 2023: 344 institutionsQ3 2023: 365 institutionsQ4 2023: 411 institutionsQ1 2024: 442 institutionsQ2 2024: 438 institutionsQ3 2024: 451 institutionsQ4 2024: 533 institutionsQ1 2025: 550 institutionsQ2 2025: 572 institutionsQ3 2025: 545 institutionsQ4 2025: 553 institutionsQ1 2026: 585 institutionsQ2 2026: 565 institutions
Value heldQ4 2023: $10.4B
Q1 2021: $7.70BQ2 2021: $8.80BQ3 2021: $8.34BQ4 2021: $10.6BQ1 2022: $9.32BQ2 2022: $7.37BQ3 2022: $6.02BQ4 2022: $7.15BQ1 2023: $8.83BQ2 2023: $7.82BQ3 2023: $9.11BQ4 2023: $10.4BQ1 2024: $11.9BQ2 2024: $12.3BQ3 2024: $14.3BQ4 2024: $14.9BQ1 2025: $17.3BQ2 2025: $17.1BQ3 2025: $12.7BQ4 2025: $12.5BQ1 2026: $13.7BQ2 2026: $11.6B
Institutions holding TW and their total value by quarter
QuarterHoldersValue
Q2 2026565$11.6B
Q1 2026585$13.7B
Q4 2025553$12.5B
Q3 2025545$12.7B
Q2 2025572$17.1B
Q1 2025550$17.3B
Q4 2024533$14.9B
Q3 2024451$14.3B
Q2 2024438$12.3B
Q1 2024442$11.9B
Q4 2023411$10.4B
Q3 2023365$9.11B
Q2 2023344$7.82B
Q1 2023355$8.83B
Q4 2022341$7.15B
Q3 2022333$6.02B
Q2 2022334$7.37B
Q1 2022321$9.32B
Q4 2021320$10.6B
Q3 2021296$8.34B
Q2 2021277$8.80B
Q1 2021279$7.70B

Institutions, Q4 2023

Shares, value and share of portfolio for each institution holding Tradeweb Markets Inc.; share changes are against Q3 2023.

Institutions holding TW in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc10,585,809$962.0M0.02%+152,071+1.5%Added
BlackRock Inc.10,398,128$945.0M0.02%−415,190−3.8%Reduced
Price T Rowe Associates Inc8,031,685$729.9M0.10%−533,327−6.2%Reduced
T. Rowe Price Investment Management, Inc.7,419,557$674.3M0.44%−493,655−6.2%Reduced
Wellington Management Group LLP6,284,303$571.1M0.11%−530,091−7.8%Reduced
Franklin Resources Inc4,196,995$381.4M0.18%−35,264−0.8%Reduced
Capital World Investors3,379,208$307.1M0.05%−685,980−16.9%Reduced
Ownership Capital B.V.2,752,810$250.2M5.58%−460,925−14.3%Reduced
Artisan Partners Limited Partnership2,737,510$248.8M0.39%−43,521−1.6%Reduced
Allspring Global Investments Holdings, LLC2,470,993$224.6M0.37%+1,070,334+76.4%Added
State Street Corp2,425,732$220.5M0.01%+65,488+2.8%Added
Voya Investment Management LLC2,235,181$202.7M0.21%−118,755−5.0%Reduced
Harding Loevner LP1,995,697$181.7M1.02%−33,331−1.6%Reduced
William Blair Investment Management, LLC1,945,578$176.8M0.51%−331,584−14.6%Reduced
Bessemer Group Inc1,888,884$171.7M0.33%−7,289−0.4%Reduced
Champlain Investment Partners, LLC1,877,905$170.7M1.01%−329,335−14.9%Reduced
Geode Capital Management, LLC1,785,729$162.0M0.02%+75,573+4.4%Added
JPMorgan Chase & Co1,765,083$160.4M0.02%−10,667−0.6%Reduced
Morgan Stanley1,666,331$151.4M0.01%+364,444+28.0%Added
Primecap Management Co1,586,895$144.2M0.11%−1,880−0.1%Reduced
Norges Bank1,318,845$119.9M0.02%+39,806+3.1%Added
Cantillon Capital Management LLC1,318,626$119.8M0.80%+90,800+7.4%Added
CCLA Investment Management Ltd1,132,258$102.4M1.68%+5,840+0.5%Added
FMR LLC1,068,228$97.1M0.01%+728,525+214.5%Added
Stephens Investment Management Group LLC902,376$82.0M1.20%−27,734−3.0%Reduced
Nordea Investment Management AB895,926$81.1M0.10%+11,361+1.3%Added
Neuberger Berman Group LLC802,459$72.9M0.06%+228,585+39.8%Added
Charles Schwab Investment Management Inc794,675$72.2M0.02%+19,862+2.6%Added
Millennium Management LLC786,612$71.5M0.07%+631,148+406.0%Added
Bank of New York Mellon Corp783,134$71.2M0.01%−323,967−29.3%Reduced
Invesco Ltd.765,707$69.6M0.02%+625,686+446.9%Added
Clearbridge Investments, LLC752,443$68.4M0.06%+1,416+0.2%Added
California Public Employees Retirement System728,000$66.2M0.05%+671+0.1%Added
Renaissance Technologies LLC659,620$59.9M0.09%+394,800+149.1%Added
Northern Trust Corp636,907$57.9M0.01%−18,907−2.9%Reduced
Fiera Capital Corp623,963$56.7M0.17%+63,329+11.3%Added
Mawer Investment Management Ltd.610,838$55.5M0.28%−3,776−0.6%Reduced
Citadel Advisors LLC559,727$50.9M0.05%+129,665+30.2%Added
Connectus Wealth, LLC555,218$50.5M1.03%−4,619−0.8%Reduced
TD Asset Management Inc552,906$50.2M0.05%−26,753−4.6%Reduced
STRS Ohio513,281$46.6M0.19%+28,085+5.8%Added
Marshall Wace, LLP488,923$44.4M0.08%+330,888+209.4%Added
Westfield Capital Management Co LP484,355$44.0M0.26%−172,130−26.2%Reduced
Handelsbanken Fonder AB440,400$40.0M0.19%+7,300+1.7%Added
Lord, Abbett & Co. LLC427,821$38.9M0.14%+427,821New
Nuveen Asset Management, LLC426,842$38.8M0.01%−14,959−3.4%Reduced
Lazard Asset Management LLC419,962$38.2M0.05%+279,402+198.8%Added
CIBC Private Wealth Group, LLC414,957$37.7M0.08%+94,874+29.6%Added
Los Angeles Capital Management LLC408,682$37.1M0.14%−1,757−0.4%Reduced
Bamco Inc389,479$35.4M0.09%00.0%Unchanged
Qube Research & Technologies Ltd368,522$33.5M0.08%+262,665+248.1%Added
Verition Fund Management LLC365,516$33.2M0.34%+189,963+108.2%Added
SEI Investments Co360,703$32.8M0.05%+44,912+14.2%Added
UBS Asset Management Americas Inc350,225$31.8M0.01%+5,535+1.6%Added
Bank of America Corp345,378$31.4M0.00%+78,161+29.3%Added
Amundi309,307$28.9M0.01%+4,969+1.6%Added
Legal & General Group Plc309,895$28.2M0.01%−52,192−14.4%Reduced
Caisse de Depot Et Placement du Quebec306,654$27.9M0.07%+139,113+83.0%Added
American Capital Management Inc305,419$27.8M0.95%−1,693−0.6%Reduced
Carmignac Gestion297,988$27.1M0.46%−42,777−12.6%Reduced
Goldman Sachs Group Inc295,052$26.8M0.01%+120,289+68.8%Added
HRT Financial LP275,154$25.0M0.18%+247,190+884.0%Added
Jane Street Group, LLC274,227$24.9M0.03%+223,325+438.7%Added
Dimensional Fund Advisors LP273,274$24.8M0.01%+42,250+18.3%Added
Driehaus Capital Management LLC269,227$24.5M0.29%+118,642+78.8%Added
New York State Common Retirement Fund259,554$23.6M0.03%+34,124+15.1%Added
UBS Group AG255,585$23.2M0.01%+457+0.2%Added
FIL Ltd248,832$22.6M0.02%+34,926+16.3%Added
Prudential Financial Inc245,776$22.3M0.03%+240,710+4,751.5%Added
Sumitomo Mitsui Trust Holdings, Inc.242,330$22.0M0.02%−2,289−0.9%Reduced
Deutsche Bank AG240,868$21.9M0.01%+48,622+25.3%Added
Manufacturers Life Insurance Company, The236,842$21.5M0.01%−20,686−8.0%Reduced
Robeco Institutional Asset Management B.V.235,736$21.4M0.05%−76,358−24.5%Reduced
Public Employees Retirement Association of Colorado227,702$20.7M0.10%00.0%Unchanged
Ameriprise Financial Inc223,416$20.3M0.01%−5,765−2.5%Reduced
D. E. Shaw & Co., Inc.208,698$19.0M0.03%+70,468+51.0%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.208,497$18.5M0.03%+12,050+6.1%Added
Two Sigma Investments, LP192,919$17.5M0.04%+52,461+37.3%Added
Wilson Asset Management (International) Pty Ltd186,137$16.9M4.72%00.0%Unchanged
Man Group plc185,654$16.9M0.05%––
Ninety One UK Ltd179,770$16.3M0.05%−22,233−11.0%Reduced
Thrivent Financial for Lutherans167,346$15.2M0.03%−1,685−1.0%Reduced
California State Teachers Retirement System166,403$15.1M0.02%−6,088−3.5%Reduced
SeaTown Holdings Pte. Ltd.158,233$14.4M1.98%−211,067−57.2%Reduced
Putnam Investments LLC148,515$13.5M0.02%+3,532+2.4%Added
Twinbeech Capital LP144,028$13.1M0.21%+137,298+2,040.1%Added
Rhumbline Advisers142,803$13.0M0.01%+2,166+1.5%Added
Credit Suisse AG135,622$12.3M0.01%+4,255+3.2%Added
2Xideas AG134,886$12.3M1.31%−26,198−16.3%Reduced
Two Sigma Advisers, LP133,100$12.1M0.03%−125,100−48.5%Reduced
Allianz Asset Management GmbH128,613$11.7M0.02%+110,227+599.5%Added
Cubist Systematic Strategies, LLC127,235$11.6M0.14%+79,764+168.0%Added
Sumitomo Mitsui DS Asset Management Company, Ltd118,923$10.8M0.14%−5,698−4.6%Reduced
Canada Pension Plan Investment Board118,000$10.7M0.01%00.0%Unchanged
Barclays PLC116,344$10.6M0.01%+21,867+23.1%Added
Omers Administration Corp115,672$10.5M0.13%00.0%Unchanged
Citigroup Inc107,646$9.78M0.01%+12,710+13.4%Added
Schonfeld Strategic Advisors LLC101,910$9.26M0.08%+63,654+166.4%Added
Brown Advisory Inc98,988$9.00M0.01%−121−0.1%Reduced
Prana Capital Management, LP96,870$8.80M0.52%+96,870New