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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
Pier 88 Investment Partners LLC15,400$1.40M0.35%−14,150−47.9%Reduced
Teza Capital Management LLC15,553$1.41M0.24%+15,553New
Atom Investors LP15,678$1.42M0.25%−4,357−21.7%Reduced
DekaBank Deutsche Girozentrale15,826$1.43M0.00%+2,492+18.7%Added
Mercer Global Advisors Inc15,801$1.44M0.00%+15,801New
Edgestream Partners, L.P.16,102$1.46M0.11%+16,102New
Dynamic Technology Lab Private Ltd16,249$1.48M0.16%+16,249New
QRG Capital Management, Inc.17,355$1.58M0.02%+17,355New
Vident Advisory, LLC17,489$1.59M0.04%+1,496+9.4%Added
AQR Capital Management LLC17,984$1.63M0.00%+13,501+301.2%Added
Toronto Dominion Bank18,700$1.70M0.00%−102,483−84.6%Reduced
Vontobel Holding Ltd.18,702$1.70M0.01%−2,960−13.7%Reduced
Hennion & Walsh Asset Management, Inc.18,874$1.72M0.10%+4,809+34.2%Added
Alamar Capital Management, LLC18,904$1.72M1.36%+1,526+8.8%Added
Northwestern Mutual Wealth Management Co19,552$1.78M0.00%+4,297+28.2%Added
Simplex Trading, LLC21,109$1.92M0.06%+18,710+779.9%Added
Linden Thomas Advisory Services, LLC21,285$1.93M0.36%+652+3.2%Added
Wells Fargo & Company22,362$2.03M0.00%+1,962+9.6%Added
Ostrum Asset Management22,374$2.03M0.18%+21,684+3,142.6%Added
Lecap Asset Management Ltd22,395$2.04M0.74%+22,395New
American Century Companies Inc22,396$2.04M0.00%+11,200+100.0%Added
Goodman Advisory Group, LLC22,436$2.04M0.69%−20,314−47.5%Reduced
Gotham Asset Management, LLC22,523$2.05M0.04%+2,009+9.8%Added
IFM Investors Pty Ltd23,174$2.11M0.03%00.0%Unchanged
Teacher Retirement System of Texas23,260$2.11M0.01%+14,736+172.9%Added
Quantbot Technologies LP23,346$2.12M0.12%+2,989+14.7%Added
Skandinaviska Enskilda Banken AB (publ)23,358$2.12M0.01%−300−1.3%Reduced
National Bank of Canada23,788$2.12M0.00%−1,419−5.6%Reduced
Torray LLC23,682$2.15M0.35%+266+1.1%Added
US Bancorp23,727$2.16M0.00%+1,645+7.4%Added
Bangor Savings Bank23,743$2.16M0.24%−377−1.6%Reduced
Meiji Yasuda Life Insurance Co23,818$2.16M0.05%−363−1.5%Reduced
Lombard Odier Asset Management (Europe) Ltd24,000$2.18M0.15%−11,000−31.4%Reduced
Sumitomo Life Insurance Co24,059$2.19M0.07%−679−2.7%Reduced
EFG Asset Management (Americas) Corp.24,305$2.21M0.48%−1,614−6.2%Reduced
Gulf International Bank (UK) Ltd24,438$2.22M0.06%+13,974+133.5%Added
Forsta Ap-Fonden25,500$2.32M0.02%−28,100−52.4%Reduced
NWK Group, Inc.26,346$2.39M1.23%+26,346New
Taikang Asset Management (Hong Kong) Co Ltd26,914$2.45M0.46%−1,340−4.7%Reduced
Susquehanna International Group, LLP27,587$2.51M0.00%−999−3.5%Reduced
Bank of Montreal27,999$2.55M0.00%−20,273−42.0%Reduced
Raymond James & Associates28,280$2.57M0.00%−2,036−6.7%Reduced
AXA S.A.28,285$2.57M0.01%−1,291−4.4%Reduced
Capital Fund Management S.A.28,317$2.57M0.03%+28,317New
Westpac Banking Corp28,831$2.62M0.22%+7,671+36.3%Added
Weiss Multi-Strategy Advisers LLC29,007$2.64M0.07%−86,817−75.0%Reduced
AMJ Financial Wealth Management29,168$2.65M1.12%+29,168New
Arizona State Retirement System29,933$2.72M0.02%+199+0.7%Added
Mirae Asset Global Investments Co., Ltd.30,043$2.73M0.01%+8,227+37.7%Added
PEAK6 Investments LLC30,055$2.73M0.12%+30,055New
Vinva Investment Management Ltd30,353$2.74M0.19%+20,276+201.2%Added
Aquatic Capital Management LLC30,400$2.76M0.07%+8,200+36.9%Added
Synovus Financial Corp31,410$2.85M0.04%+99+0.3%Added
Empowered Funds, LLC32,396$2.94M0.07%+32,396New
Clear Harbor Asset Management, LLC32,749$2.98M0.28%+10.0%Added
HSBC Holdings PLC33,528$3.04M0.00%+10,529+45.8%Added
Raymond James Financial Services Advisors, Inc.34,232$3.11M0.01%+31,506+1,155.8%Added
EFG Asset Management (North America) Corp.34,369$3.12M0.59%−12,296−26.3%Reduced
Richard Bernstein Advisors LLC34,626$3.15M0.07%+26+0.1%Added
Jump Financial, LLC34,657$3.15M0.10%−7,391−17.6%Reduced
Wealthfront Advisers LLC34,871$3.17M0.01%+290+0.8%Added
Thornburg Investment Management Inc37,212$3.38M0.05%−3,899−9.5%Reduced
Macquarie Group Ltd40,532$3.68M0.00%−803−1.9%Reduced
Lakehouse Capital Pty Ltd40,880$3.71M2.97%00.0%Unchanged
Degroof Petercam Asset Management42,290$3.84M0.05%+42,290New
APG Asset Management N.V.48,083$3.96M0.01%+29,300+156.0%Added
Pictet Asset Management Holding SA44,062$4.00M0.00%+2,833+6.9%Added
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund45,894$4.17M0.05%−7,003−13.2%Reduced
Alliancebernstein L.P.49,108$4.46M0.00%−92,320−65.3%Reduced
Sequoia Financial Advisors, LLC50,336$4.57M0.06%+50,336New
Federated Hermes, Inc.51,564$4.69M0.01%−8,243−13.8%Reduced
Public Employees Retirement System of Ohio52,320$4.75M0.02%+2,942+6.0%Added
Treasurer of the State of North Carolina52,351$4.76M0.02%+500+1.0%Added
Ceera Investments, LLC52,805$4.80M2.26%−425−0.8%Reduced
Tudor Investment Corp Et Al53,631$4.87M0.07%+53,631New
Zurcher Kantonalbank (Zurich Cantonalbank)55,504$5.04M0.02%+1,266+2.3%Added
Great West Life Assurance Co56,337$5.09M0.01%+32,306+134.4%Added
Victory Capital Management Inc56,148$5.10M0.01%−24,599−30.5%Reduced
Royce & Associates LP57,810$5.25M0.05%−32,415−35.9%Reduced
Envestnet Asset Management Inc58,221$5.29M0.00%+6,764+13.1%Added
Bridgewater Associates, LP59,429$5.40M0.03%−80,119−57.4%Reduced
ExodusPoint Capital Management, LP60,361$5.49M0.07%+54,999+1,025.7%Added
State of New Jersey Common Pension Fund D60,903$5.53M0.02%00.0%Unchanged
Ninety One North America, Inc.61,382$5.58M0.27%−5,650−8.4%Reduced
First Trust Advisors LP62,495$5.68M0.01%+62,495New
State of Wisconsin Investment Board63,993$5.82M0.02%+6,004+10.4%Added
Prudential PLC64,327$5.85M0.06%+57,828+889.8%Added
Ensign Peak Advisors, Inc64,720$5.88M0.01%+16,845+35.2%Added
Mitsubishi UFJ Trust & Banking Corp68,152$6.19M0.01%−4,769−6.5%Reduced
Connor, Clark & Lunn Investment Management Ltd.69,493$6.32M0.03%+40,402+138.9%Added
Commerce Bank71,373$6.49M0.05%−7,186−9.1%Reduced
Meiji Yasuda Asset Management Co Ltd.72,481$6.59M0.30%−2,253−3.0%Reduced
Royal Bank of Canada72,713$6.61M0.00%−38,179−34.4%Reduced
Russell Investments Group, Ltd.75,214$6.83M0.01%+25,695+51.9%Added
Aperture Investors, LLC76,252$6.93M1.22%−50,888−40.0%Reduced
Korea Investment CORP78,265$7.11M0.02%+43,831+127.3%Added
Boston Private Wealth LLC78,751$7.16M0.17%−33,363−29.8%Reduced
Engineers Gate Manager LP78,940$7.17M0.20%+62,491+379.9%Added
Grandeur Peak Global Advisors, LLC81,300$7.39M0.52%−33,607−29.2%Reduced
BNP Paribas Arbitrage, SA81,996$7.45M0.01%+42,435+107.3%Added