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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
Candriam Luxembourg S.C.A.16,401$2.15M0.01%+3,686+29.0%Added
Goodman Advisory Group, LLC16,473$2.16M0.64%−1,141−6.5%Reduced
Illumine Investment Management, LLC16,835$2.20M1.81%+16,835New
Quest Partners LLC16,926$2.22M0.29%+16,926New
Police & Firemen's Retirement System of New Jersey16,950$2.22M0.02%+16,950New
Tredje AP-fonden17,136$2.24M0.02%00.0%Unchanged
Magnetar Financial LLC17,231$2.26M0.05%+15,586+947.5%Added
Assenagon Asset Management S.A.17,416$2.28M0.00%+17,416New
Ethic Inc.17,519$2.29M0.05%+2,325+15.3%Added
US Bancorp17,698$2.32M0.00%−687−3.7%Reduced
CWM, LLC17,956$2.35M0.01%−1,965−9.9%Reduced
Toronto Dominion Bank18,306$2.40M0.00%+856+4.9%Added
Sheaff Brock Investment Advisors, LLC18,330$2.40M0.21%−105−0.6%Reduced
Torray LLC18,632$2.44M0.35%+18+0.1%Added
DekaBank Deutsche Girozentrale18,226$2.44M0.00%00.0%Unchanged
2Xideas AG19,124$2.50M0.34%−53,265−73.6%Reduced
Westpac Banking Corp19,885$2.60M0.17%−23,155−53.8%Reduced
Cumberland Partners Ltd20,000$2.62M0.18%+2,000+11.1%Added
1832 Asset Management L.P.20,000$2.62M0.00%+20,000New
DnB Asset Management AS20,525$2.69M0.01%+710+3.6%Added
Taylor Frigon Capital Management LLC21,334$2.79M1.41%−2,677−11.1%Reduced
AXA S.A.21,564$2.82M0.01%−7,374−25.5%Reduced
Knollwood Investment Advisory, LLC21,860$2.86M0.30%00.0%Unchanged
EFG Asset Management (Americas) Corp.22,012$2.88M0.56%−607−2.7%Reduced
British Columbia Investment Management Corp22,267$2.92M0.02%+2,885+14.9%Added
Quadrature Capital Ltd22,539$2.95M0.06%+22,539New
IFM Investors Pty Ltd22,718$2.97M0.03%−1,408−5.8%Reduced
Twin Tree Management, LP22,748$2.98M0.07%+22,748New
Entropy Technologies, LP22,800$2.98M0.31%+11,100+94.9%Added
Federated Hermes, Inc.23,074$3.02M0.01%−1,546−6.3%Reduced
Intech Investment Management LLC23,472$3.07M0.03%+7,815+49.9%Added
Groupe la Francaise23,070$3.09M0.08%+23,070New
D L Carlson Investment Group Inc23,750$3.11M0.55%+10,416+78.1%Added
Skandinaviska Enskilda Banken AB (publ)23,787$3.17M0.01%−304−1.3%Reduced
Ostrum Asset Management24,572$3.22M0.28%−738−2.9%Reduced
Mn Services Vermogensbeheer B.V.24,600$3.22M0.02%00.0%Unchanged
Capital Group Private Client Services, Inc.24,775$3.24M0.03%+24,775New
Sumitomo Life Insurance Co24,959$3.27M0.06%−332−1.3%Reduced
EFG Asset Management (North America) Corp.24,973$3.27M0.45%−1,066−4.1%Reduced
Synovus Financial Corp25,086$3.28M0.04%+308+1.2%Added
HWG Holdings LP25,239$3.30M1.08%+25,239New
Ossiam25,318$3.31M0.06%+19,062+304.7%Added
Covenant Asset Management, LLC26,381$3.45M0.77%−348−1.3%Reduced
Taikang Asset Management (Hong Kong) Co Ltd26,914$3.52M0.52%−26,914−50.0%Reduced
Richard Bernstein Advisors LLC26,995$3.53M0.08%−7,631−22.0%Reduced
LPL Financial LLC27,629$3.62M0.00%+2,507+10.0%Added
Aperture Investors, LLC27,762$3.63M0.47%−4,471−13.9%Reduced
GDS Wealth Management27,901$3.65M0.33%+9,157+48.9%Added
Capital Fund Management S.A.28,775$3.77M0.04%+3,372+13.3%Added
Prana Capital Management, LP29,769$3.90M0.19%+29,769New
Forsta Ap-Fonden30,000$3.93M0.03%+1,500+5.3%Added
Hennion & Walsh Asset Management, Inc.31,247$4.09M0.19%+3,578+12.9%Added
Mirae Asset Global Investments Co., Ltd.30,878$4.11M0.02%−17,546−36.2%Reduced
Clear Harbor Asset Management, LLC31,468$4.12M0.33%00.0%Unchanged
Resona Asset Management Co.,Ltd.32,503$4.27M0.03%−2,829−8.0%Reduced
HRT Financial LP33,411$4.37M0.02%+33,411New
Arizona State Retirement System33,742$4.42M0.03%+461+1.4%Added
HSBC Holdings PLC34,295$4.50M0.00%+5,623+19.6%Added
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund34,694$4.54M0.05%+800+2.4%Added
Thornburg Investment Management Inc34,995$4.58M0.06%−524−1.5%Reduced
Northwestern Mutual Wealth Management Co36,525$4.78M0.00%+5,033+16.0%Added
Lansforsakringar Fondforvaltning AB (publ)37,263$4.88M0.03%+37,263New
Danske Bank A/S38,541$5.05M0.02%+1,300+3.5%Added
Alamar Capital Management, LLC25,694$5.07M2.77%−15,259−37.3%Reduced
Grandeur Peak Global Advisors, LLC39,494$5.17M0.46%−954−2.4%Reduced
Great West Life Assurance Co39,978$5.23M0.01%−2,132−5.1%Reduced
BNP Paribas Arbitrage, SA40,021$5.24M0.00%−2,599−6.1%Reduced
Jane Street Group, LLC40,022$5.24M0.01%−5,380−11.8%Reduced
Boston Private Wealth LLC40,112$5.25M0.10%+40,112New
Wealthfront Advisers LLC40,702$5.33M0.02%−734−1.8%Reduced
Lakehouse Capital Pty Ltd40,880$5.35M3.61%00.0%Unchanged
State of New Jersey Common Pension Fund D42,247$5.53M0.02%00.0%Unchanged
Public Employees Retirement System of Ohio42,842$5.61M0.02%−2,860−6.3%Reduced
Advisors Capital Management, LLC42,842$5.61M0.09%−123−0.3%Reduced
KLP Kapitalforvaltning AS42,900$5.62M0.03%+42,900New
Montanaro Asset Management Ltd43,000$5.63M1.16%+4,000+10.3%Added
Connor, Clark & Lunn Investment Management Ltd.44,868$5.87M0.03%+21,000+88.0%Added
Squarepoint Ops LLC45,523$5.96M0.02%−10,882−19.3%Reduced
Alliancebernstein L.P.45,676$5.98M0.00%−941−2.0%Reduced
Pictet Asset Management Holding SA46,470$6.08M0.01%−32−0.1%Reduced
Schonfeld Strategic Advisors LLC47,154$6.17M0.04%+9,296+24.6%Added
Atika Capital Management LLC48,908$6.40M0.83%−24,900−33.7%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)50,021$6.55M0.02%−1,070−2.1%Reduced
Aquatic Capital Management LLC50,341$6.59M0.18%+38,541+326.6%Added
Ceera Investments, LLC50,590$6.62M2.27%−900−1.7%Reduced
Alps Advisors Inc51,797$6.78M0.04%+7,192+16.1%Added
AQR Capital Management LLC52,878$6.92M0.01%−3,149−5.6%Reduced
Sequoia Financial Advisors, LLC54,211$7.10M0.07%+2,525+4.9%Added
Meiji Yasuda Asset Management Co Ltd.56,384$7.38M0.28%−14,521−20.5%Reduced
Jump Financial, LLC56,765$7.43M0.16%+45,659+411.1%Added
Marshall Wace, LLP57,176$7.49M0.01%+57,176New
Commerce Bank57,282$7.50M0.05%−5,788−9.2%Reduced
Treasurer of the State of North Carolina58,513$7.66M0.03%−150−0.3%Reduced
APG Asset Management N.V.62,000$7.84M0.02%+62,000New
Pinebridge Investments, L.P.61,827$8.09M0.06%−7,296−10.6%Reduced
Envestnet Asset Management Inc62,668$8.20M0.00%+4,838+8.4%Added
State of Wisconsin Investment Board64,183$8.40M0.02%−1,406−2.1%Reduced
Mitsubishi UFJ Trust & Banking Corp64,527$8.45M0.02%+573+0.9%Added
Gotham Asset Management, LLC65,430$8.57M0.08%+9,567+17.1%Added
Ensign Peak Advisors, Inc68,907$9.02M0.02%−7,363−9.7%Reduced