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, Q1 2025
Institutional positions in Tradeweb Markets Inc. as of Mar 31, 2025. 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
- 550
- +25 vs. Q4 2024
- Shares held
- 116.6M
- +3.10M (+2.7%) vs. Q4 2024
- Total value
- $17.3B
- +$2.43B (+16.3%) vs. Q4 2024
- New holders
- 87
- 201 more added
- Sold out
- 62
- 199 more reduced
8 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 565 | $11.6B |
| Q1 2026 | 585 | $13.7B |
| Q4 2025 | 553 | $12.5B |
| Q3 2025 | 545 | $12.7B |
| Q2 2025 | 572 | $17.1B |
| Q1 2025 | 550 | $17.3B |
| Q4 2024 | 533 | $14.9B |
| Q3 2024 | 451 | $14.3B |
| Q2 2024 | 438 | $12.3B |
| Q1 2024 | 442 | $11.9B |
| Q4 2023 | 411 | $10.4B |
| Q3 2023 | 365 | $9.11B |
| Q2 2023 | 344 | $7.82B |
| Q1 2023 | 355 | $8.83B |
| Q4 2022 | 341 | $7.15B |
| Q3 2022 | 333 | $6.02B |
| Q2 2022 | 334 | $7.37B |
| Q1 2022 | 321 | $9.32B |
| Q4 2021 | 320 | $10.6B |
| Q3 2021 | 296 | $8.34B |
| Q2 2021 | 277 | $8.80B |
| Q1 2021 | 279 | $7.70B |
Institutions, Q1 2025
Shares, value and share of portfolio for each institution holding Tradeweb Markets Inc.; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 11,767,518 | $1.75B | 0.03% | +357,768+3.1% | Added |
| Wellington Management Group LLP | 9,380,121 | $1.39B | 0.27% | −531,521−5.4% | Reduced |
| BlackRock, Inc. | 8,679,346 | $1.29B | 0.03% | −960,100−10.0% | Reduced |
| Price T Rowe Associates Inc | 6,881,354 | $1.02B | 0.13% | −2,6560.0% | Reduced |
| Franklin Resources Inc | 3,883,717 | $576.6M | 0.17% | +32,865+0.9% | Added |
| JPMorgan Chase & Co | 3,227,009 | $479.1M | 0.04% | +1,448,223+81.4% | Added |
| State Street Corp | 2,562,215 | $380.4M | 0.02% | −16,038−0.6% | Reduced |
| T. Rowe Price Investment Management, Inc. | 2,470,164 | $366.7M | 0.24% | −141,394−5.4% | Reduced |
| Capital World Investors | 2,298,603 | $341.3M | 0.06% | +631,444+37.9% | Added |
| Geode Capital Management, LLC | 2,067,393 | $306.3M | 0.02% | +108,247+5.5% | Added |
| Axiom Investors LLC | 1,942,575 | $288.4M | 2.77% | −28,975−1.5% | Reduced |
| Morgan Stanley | 1,931,336 | $286.7M | 0.02% | −59,979−3.0% | Reduced |
| Allspring Global Investments Holdings, LLC | 1,911,855 | $282.9M | 0.49% | −106,130−5.3% | Reduced |
| Artisan Partners Limited Partnership | 1,831,939 | $272.0M | 0.44% | −331,880−15.3% | Reduced |
| Renaissance Technologies LLC | 1,807,820 | $268.4M | 0.41% | +405,800+28.9% | Added |
| American Century Companies Inc | 1,765,898 | $262.2M | 0.16% | +27,133+1.6% | Added |
| Bessemer Group Inc | 1,763,778 | $261.9M | 0.47% | −180,887−9.3% | Reduced |
| FMR LLC | 1,654,577 | $245.6M | 0.02% | +226,669+15.9% | Added |
| Norges Bank | 1,577,219 | $234.2M | 0.03% | +3040.0% | Added |
| Primecap Management Co | 1,526,890 | $226.7M | 0.19% | −26,590−1.7% | Reduced |
| Voya Investment Management LLC | 1,470,163 | $217.9M | 0.24% | −109,205−6.9% | Reduced |
| Invesco Ltd. | 1,395,456 | $207.2M | 0.04% | +289,175+26.1% | Added |
| Harding Loevner LP | 1,251,101 | $185.7M | 1.42% | −220,774−15.0% | Reduced |
| Handelsbanken Fonder AB | 1,234,400 | $183.3M | 0.76% | +768,000+164.7% | Added |
| Cantillon Capital Management LLC | 1,163,200 | $172.7M | 1.12% | −35,978−3.0% | Reduced |
| Massachusetts Financial Services Co | 1,154,589 | $171.4M | 0.06% | −111,440−8.8% | Reduced |
| Nordea Investment Management AB | 1,101,289 | $162.6M | 0.17% | −55,635−4.8% | Reduced |
| Thrivent Financial for Lutherans | 1,092,369 | $162.2M | 0.36% | +81,038+8.0% | Added |
| CCLA Investment Management Ltd | 1,043,379 | $154.9M | 2.74% | −59,539−5.4% | Reduced |
| Fiera Capital Corp | 1,008,660 | $149.7M | 0.54% | −32,207−3.1% | Reduced |
| Neuberger Berman Group LLC | 969,516 | $143.9M | 0.12% | +60,985+6.7% | Added |
| Charles Schwab Investment Management Inc | 874,848 | $129.9M | 0.02% | +30,296+3.6% | Added |
| Champlain Investment Partners, LLC | 823,660 | $122.3M | 0.89% | −201,880−19.7% | Reduced |
| Bank of America Corp | 797,523 | $118.4M | 0.01% | +349,060+77.8% | Added |
| UBS Group AG | 786,732 | $116.8M | 0.03% | +362,860+85.6% | Added |
| Nomura Asset Management Co Ltd | 776,852 | $115.3M | 0.35% | +219,429+39.4% | Added |
| TD Asset Management Inc | 736,170 | $109.3M | 0.10% | +504,305+217.5% | Added |
| Stephens Investment Management Group LLC | 721,923 | $107.2M | 1.55% | −129,704−15.2% | Reduced |
| Northern Trust Corp | 696,322 | $103.4M | 0.02% | −9,550−1.4% | Reduced |
| Ownership Capital B.V. | 683,651 | $101.5M | 4.65% | −127,196−15.7% | Reduced |
| Westfield Capital Management Co LP | 630,032 | $93.5M | 0.46% | +53,464+9.3% | Added |
| UBS Asset Management Americas Inc | 624,575 | $92.7M | 0.02% | +19,312+3.2% | Added |
| Amundi | 606,629 | $90.4M | 0.03% | +223,673+58.4% | Added |
| STRS Ohio | 591,500 | $87.8M | 0.37% | −33,500−5.4% | Reduced |
| AustralianSuper Pty Ltd | 558,523 | $82.9M | 0.47% | +558,523 | New |
| Capital International Investors | 555,764 | $82.5M | 0.02% | +244,514+78.6% | Added |
| Bank of New York Mellon Corp | 554,866 | $82.4M | 0.02% | +17,393+3.2% | Added |
| Mawer Investment Management Ltd. | 532,252 | $79.0M | 0.38% | −46,227−8.0% | Reduced |
| Vaughan Nelson Investment Management, L.P. | 527,375 | $78.3M | 0.78% | +527,375 | New |
| California Public Employees Retirement System | 521,822 | $77.5M | 0.05% | −12,846−2.4% | Reduced |
| Clearbridge Investments, LLC | 517,338 | $76.8M | 0.07% | −69,966−11.9% | Reduced |
| Colony Group, LLC | 468,586 | $69.6M | 0.17% | −5,586−1.2% | Reduced |
| Caisse de Depot Et Placement du Quebec | 464,634 | $69.0M | 0.14% | −98,482−17.5% | Reduced |
| D. E. Shaw & Co., Inc. | 460,342 | $68.3M | 0.08% | +130,386+39.5% | Added |
| Teacher Retirement System of Texas | 435,090 | $64.6M | 0.27% | −144,005−24.9% | Reduced |
| CIBC Private Wealth Group, LLC | 491,692 | $61.7M | 0.13% | +3,131+0.6% | Added |
| Qube Research & Technologies Ltd | 415,253 | $61.6M | 0.10% | +11,737+2.9% | Added |
| Victory Capital Management Inc | 402,878 | $59.8M | 0.06% | −28,781−6.7% | Reduced |
| Bamco Inc | 391,236 | $58.1M | 0.17% | +1,000+0.3% | Added |
| Arrowstreet Capital, Limited Partnership | 350,654 | $52.1M | 0.04% | +105,481+43.0% | Added |
| Dimensional Fund Advisors LP | 349,332 | $51.9M | 0.01% | +22,878+7.0% | Added |
| SEI Investments Co | 341,632 | $50.7M | 0.07% | +22,451+7.0% | Added |
| FIL Ltd | 334,153 | $49.6M | 0.05% | −82,137−19.7% | Reduced |
| Carmignac Gestion | 331,000 | $49.1M | 0.81% | +13,700+4.3% | Added |
| American Capital Management Inc | 314,124 | $46.6M | 1.90% | +15,887+5.3% | Added |
| Nuveen, LLC | 310,952 | $46.2M | 0.01% | +310,952 | New |
| Legal & General Group Plc | 304,928 | $45.3M | 0.01% | −17,359−5.4% | Reduced |
| Los Angeles Capital Management LLC | 294,976 | $43.8M | 0.19% | −3,179−1.1% | Reduced |
| First Trust Advisors LP | 288,654 | $42.9M | 0.04% | +8,010+2.9% | Added |
| Renaissance Group LLC | 265,727 | $39.4M | 1.74% | −8,288−3.0% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 232,163 | $34.5M | 0.02% | −13,083−5.3% | Reduced |
| Stony Point Capital LLC | 230,315 | $34.2M | 3.70% | +141,463+159.2% | Added |
| Kensico Capital Management Corp | 228,500 | $33.9M | 0.76% | +228,500 | New |
| Deutsche Bank AG | 206,866 | $30.7M | 0.01% | −891−0.4% | Reduced |
| Praesidium Investment Management Company, LLC | 204,042 | $30.3M | 5.66% | +204,042 | New |
| Manufacturers Life Insurance Company, The | 201,105 | $29.9M | 0.03% | −37,162−15.6% | Reduced |
| Driehaus Capital Management LLC | 185,264 | $27.5M | 0.27% | −105,882−36.4% | Reduced |
| California State Teachers Retirement System | 179,294 | $26.6M | 0.03% | −2,063−1.1% | Reduced |
| Comerica Bank | 176,203 | $26.2M | 0.11% | +22,729+14.8% | Added |
| Public Employees Retirement Association of Colorado | 175,384 | $26.0M | 0.11% | −32,900−15.8% | Reduced |
| Adage Capital Partners GP, L.L.C. | 175,000 | $26.0M | 0.05% | +60,000+52.2% | Added |
| Oddo BHF Asset Management SAS | 170,421 | $25.3M | 1.04% | 00.0% | Unchanged |
| Ninety One UK Ltd | 168,272 | $25.0M | 0.07% | −46,400−21.6% | Reduced |
| Allianz Asset Management GmbH | 167,537 | $24.9M | 0.04% | +15,304+10.1% | Added |
| VGI Partners Ltd | 164,764 | $24.5M | 2.51% | +76,122+85.9% | Added |
| Susquehanna International Group, LLP | 164,213 | $24.4M | 0.04% | +58,229+54.9% | Added |
| KBC Group NV | 162,389 | $24.1M | 0.07% | +18,434+12.8% | Added |
| Credit Agricole S A | 158,702 | $23.6M | 0.09% | −15,178−8.7% | Reduced |
| Robeco Institutional Asset Management B.V. | 153,804 | $22.8M | 0.04% | −8,172−5.0% | Reduced |
| Rhumbline Advisers | 146,674 | $21.8M | 0.02% | −274−0.2% | Reduced |
| Twin Tree Management, LP | 142,677 | $21.2M | 0.47% | +119,929+527.2% | Added |
| Millennium Management LLC | 142,434 | $21.1M | 0.02% | +51,946+57.4% | Added |
| Two Sigma Advisers, LP | 140,300 | $20.8M | 0.05% | −8,400−5.6% | Reduced |
| New York State Common Retirement Fund | 138,406 | $20.5M | 0.03% | −83,400−37.6% | Reduced |
| Carnegie Capital Asset Management, LLC | 153,093 | $20.0M | 0.48% | +22,458+17.2% | Added |
| Canada Pension Plan Investment Board | 133,447 | $19.8M | 0.02% | +19,012+16.6% | Added |
| Wilson Asset Management (International) Pty Ltd | 133,035 | $19.8M | 5.28% | 00.0% | Unchanged |
| Goldman Sachs Group Inc | 129,733 | $19.3M | 0.00% | −63,503−32.9% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 127,227 | $18.9M | 0.04% | +14,504+12.9% | Added |
| Asset Management One Co.,Ltd. | 126,901 | $18.8M | 0.06% | −277−0.2% | Reduced |