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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 2024

Institutional positions in Tradeweb Markets Inc. as of Dec 31, 2024. 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
533
+88 vs. Q3 2024
Shares held
113.9M
−1.26M (−1.1%) vs. Q3 2024
Total value
$14.9B
+$650.5M (+4.6%) vs. Q3 2024
New holders
117
185 more added
Sold out
29
169 more reduced

6 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2024: 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 2024: 533 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 2024: $14.9B
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 2024

Shares, value and share of portfolio for each institution holding Tradeweb Markets Inc.; share changes are against Q3 2024.

Institutions holding TW in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc11,409,750$1.49B0.03%+60,118+0.5%Added
Wellington Management Group LLP9,911,642$1.30B0.24%−412,569−4.0%Reduced
BlackRock, Inc.9,639,446$1.26B0.03%−96,502−1.0%Reduced
Price T Rowe Associates Inc6,884,010$901.3M0.10%−4,219,988−38.0%Reduced
Franklin Resources Inc3,850,852$504.2M0.14%−32,597−0.8%Reduced
T. Rowe Price Investment Management, Inc.2,611,558$341.9M0.21%−28,447−1.1%Reduced
State Street Corp2,578,253$337.6M0.01%+18,298+0.7%Added
Artisan Partners Limited Partnership2,163,819$283.3M0.44%−89,617−4.0%Reduced
Allspring Global Investments Holdings, LLC2,017,985$265.0M0.42%−190,560−8.6%Reduced
Morgan Stanley1,991,315$260.7M0.02%+241,289+13.8%Added
Axiom Investors LLC1,971,550$258.1M1.90%−70,412−3.4%Reduced
Geode Capital Management, LLC1,959,146$256.0M0.02%+19,088+1.0%Added
Bessemer Group Inc1,944,665$254.6M0.42%+19,451+1.0%Added
JPMorgan Chase & Co1,778,786$232.9M0.02%+90,471+5.4%Added
American Century Companies Inc1,738,765$227.6M0.13%−14,582−0.8%Reduced
Capital World Investors1,667,159$218.3M0.03%+19,138+1.2%Added
Voya Investment Management LLC1,579,368$206.6M0.21%−18,343−1.1%Reduced
Norges Bank1,576,915$206.4M0.03%+71,011+4.7%Added
Primecap Management Co1,553,480$203.4M0.16%−42,670−2.7%Reduced
Harding Loevner LP1,471,875$192.7M1.30%−271,854−15.6%Reduced
FMR LLC1,427,908$186.9M0.01%+91,374+6.8%Added
Renaissance Technologies LLC1,402,020$183.6M0.27%+222,600+18.9%Added
Massachusetts Financial Services Co1,266,029$165.7M0.05%+307,851+32.1%Added
Cantillon Capital Management LLC1,199,178$157.0M0.95%+6,408+0.5%Added
Nordea Investment Management AB1,156,924$149.9M0.16%+217,539+23.2%Added
Invesco Ltd.1,106,281$144.8M0.03%+5,507+0.5%Added
CCLA Investment Management Ltd1,102,918$144.4M2.29%−49,326−4.3%Reduced
Fiera Capital Corp1,040,867$136.3M0.43%+101,718+10.8%Added
Champlain Investment Partners, LLC1,025,540$134.3M0.85%−732,515−41.7%Reduced
Thrivent Financial for Lutherans1,011,331$132.4M0.26%−4,437−0.4%Reduced
Neuberger Berman Group LLC908,531$118.9M0.09%+24,119+2.7%Added
Stephens Investment Management Group LLC851,627$111.5M1.49%−137,529−13.9%Reduced
Charles Schwab Investment Management Inc844,552$110.6M0.02%+12,902+1.6%Added
Ownership Capital B.V.810,847$106.2M3.91%−422,264−34.2%Reduced
Northern Trust Corp705,872$92.4M0.01%+90,859+14.8%Added
STRS Ohio625,000$81.8M0.32%+57,350+10.1%Added
UBS Asset Management Americas Inc605,263$79.2M0.02%+123,870+25.7%Added
Clearbridge Investments, LLC587,304$76.9M0.06%−169,493−22.4%Reduced
Teacher Retirement System of Texas579,095$75.8M0.27%+234,030+67.8%Added
Mawer Investment Management Ltd.578,479$75.7M0.34%−5,204−0.9%Reduced
Westfield Capital Management Co LP576,568$75.5M0.33%−17,798−3.0%Reduced
Caisse de Depot Et Placement du Quebec563,116$73.7M0.15%+34,526+6.5%Added
Nomura Asset Management Co Ltd557,423$73.0M0.22%+94,896+20.5%Added
Bank of New York Mellon Corp537,473$70.4M0.01%−6,660−1.2%Reduced
California Public Employees Retirement System534,668$70.0M0.05%−8,385−1.5%Reduced
CIBC Private Wealth Group, LLC488,561$65.5M0.12%−12,175−2.4%Reduced
Colony Group, LLC474,172$62.1M0.16%−9,596−2.0%Reduced
Handelsbanken Fonder AB466,400$61.1M0.23%−23,600−4.8%Reduced
Bank of America Corp448,463$58.7M0.01%+4,356+1.0%Added
Victory Capital Management Inc431,659$56.5M0.06%+51,599+13.6%Added
UBS Group AG423,872$55.5M0.01%−13,011−3.0%Reduced
FIL Ltd416,290$54.5M0.05%+24,339+6.2%Added
Gladstone Capital Management LLP404,586$53.0M4.41%+404,586New
Qube Research & Technologies Ltd403,516$52.8M0.09%+201,739+100.0%Added
Amundi382,956$51.3M0.02%+32,676+9.3%Added
Bamco Inc390,236$51.1M0.13%+1,407+0.4%Added
Nuveen Asset Management, LLC343,037$44.9M0.01%−2,002−0.6%Reduced
D. E. Shaw & Co., Inc.329,956$43.2M0.05%+122,930+59.4%Added
Dimensional Fund Advisors LP326,454$42.7M0.01%+18,467+6.0%Added
Legal & General Group Plc322,287$42.2M0.01%+13,515+4.4%Added
SEI Investments Co319,181$41.8M0.05%−3,690−1.1%Reduced
Carmignac Gestion317,300$41.5M0.66%−29,700−8.6%Reduced
Capital International Investors311,250$40.7M0.01%+311,250New
American Capital Management Inc298,237$39.0M1.45%+4,008+1.4%Added
Los Angeles Capital Management LLC298,155$39.0M0.16%+216,929+267.1%Added
Driehaus Capital Management LLC291,146$38.1M0.31%−5,703−1.9%Reduced
Two Sigma Investments, LP284,715$37.3M0.09%−69,232−19.6%Reduced
First Trust Advisors LP280,644$36.7M0.03%+138,282+97.1%Added
Lord, Abbett & Co. LLC277,366$36.3M0.11%+195,975+240.8%Added
Renaissance Group LLC274,015$35.9M1.49%−8,549−3.0%Reduced
Citadel Advisors LLC253,108$33.1M0.03%+250,259+8,784.1%Added
Sumitomo Mitsui Trust Holdings, Inc.245,246$32.1M0.02%+20,293+9.0%Added
Arrowstreet Capital, Limited Partnership245,173$32.1M0.03%+245,173New
Manufacturers Life Insurance Company, The238,267$31.2M0.03%−8,453−3.4%Reduced
TD Asset Management Inc231,865$30.4M0.03%−221−0.1%Reduced
Jupiter Asset Management Ltd227,377$29.8M0.29%+227,377New
New York State Common Retirement Fund221,806$29.0M0.04%−145,665−39.6%Reduced
Ninety One UK Ltd214,672$28.1M0.08%−43,372−16.8%Reduced
Public Employees Retirement Association of Colorado208,284$27.3M0.11%−19,300−8.5%Reduced
Deutsche Bank AG207,757$27.2M0.01%+8,825+4.4%Added
National Pension Service194,958$25.5M0.02%+194,958New
Goldman Sachs Group Inc193,236$25.3M0.00%−28,246−12.8%Reduced
California State Teachers Retirement System181,357$23.7M0.03%−5,358−2.9%Reduced
Credit Agricole S A173,880$22.8M0.08%+131,340+308.7%Added
Oddo BHF Asset Management SAS170,421$22.3M1.13%00.0%Unchanged
Robeco Institutional Asset Management B.V.161,976$21.2M0.04%+1,487+0.9%Added
Comerica Bank153,474$20.1M0.08%−5,279−3.3%Reduced
Allianz Asset Management GmbH152,233$19.9M0.03%+8,576+6.0%Added
Two Sigma Advisers, LP148,700$19.5M0.05%−31,900−17.7%Reduced
Rhumbline Advisers146,948$19.2M0.02%−1,525−1.0%Reduced
Royal Bank of Canada144,102$18.9M0.00%−10,582−6.8%Reduced
KBC Group NV143,955$18.8M0.05%+77,523+116.7%Added
Styrax Capital, LP142,569$18.7M1.58%+142,569New
Korea Investment CORP135,529$17.7M0.04%+52,076+62.4%Added
Wilson Asset Management (International) Pty Ltd133,035$17.4M4.51%00.0%Unchanged
Schroder Investment Management Group131,718$17.2M0.02%+104,783+389.0%Added
Man Group plc130,785$17.1M0.05%+28,233+27.5%Added
Carnegie Capital Asset Management, LLC130,635$17.1M0.49%+1,893+1.5%Added
Asset Management One Co.,Ltd.127,178$17.1M0.06%−3,099−2.4%Reduced
Balyasny Asset Management LLC117,064$15.3M0.04%+42,453+56.9%Added