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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, 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.

Institutional holdersQ1 2025: 550 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 heldQ1 2025: $17.3B
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, Q1 2025

Shares, value and share of portfolio for each institution holding Tradeweb Markets Inc.; share changes are against Q4 2024.

Institutions holding TW in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Summit Creek Advisors LLC4,081$605.9K0.09%−837−17.0%Reduced
MetLife Investment Management4,081$605.9K0.00%+23+0.6%Added
Bank of Nova Scotia4,114$610.8K0.00%+21+0.5%Added
Nelson, Van Denburg & Campbell Wealth Management Group, LLC4,118$611.4K0.02%+475+13.0%Added
Allstate Corp4,137$614.2K0.02%+793+23.7%Added
AMJ Financial Wealth Management4,160$617.6K0.19%+1,375+49.4%Added
MML Investors Services, LLC4,255$632.0K0.00%+821+23.9%Added
Kirtland Hills Capital Management, LLC4,799$644.9K0.39%+123+2.6%Added
Tokio Marine Asset Management Co Ltd4,350$645.8K0.02%00.0%Unchanged
Aviva PLC4,498$667.8K0.00%−92−2.0%Reduced
Diversified Trust Co4,576$679.4K0.02%−681−13.0%Reduced
Alaska Permanent Fund Corp4,964$686.5K0.01%00.0%Unchanged
Park Avenue Securities LLC4,675$694.0K0.01%+184+4.1%Added
Boothbay Fund Management, LLC4,700$697.8K0.02%+4,700New
Verition Fund Management LLC4,716$700.1K0.00%−2,512−34.8%Reduced
Horizon Kinetics Asset Management LLC4,753$705.6K0.01%00.0%Unchanged
TFB Advisors LLC4,843$719.0K0.21%+71+1.5%Added
Yorktown Management & Research Co Inc4,850$720.0K0.78%00.0%Unchanged
ASR Vermogensbeheer N.V.4,867$722.6K0.01%+4,867New
Federation des caisses Desjardins du Quebec4,945$734.3K0.00%+1,282+35.0%Added
Kestra Private Wealth Services, LLC5,154$765.2K0.01%+3,108+151.9%Added
Lighthouse Investment Partners, LLC5,175$768.3K0.04%+1,082+26.4%Added
Lido Advisors, LLC5,244$778.5K0.00%+5,244New
CIBC World Markets Corp5,289$785.2K0.01%+26+0.5%Added
Sava Infond d.o.o.5,350$794.3K0.15%+500+10.3%Added
Legacy Advisors, LLC5,354$794.9K0.08%−49−0.9%Reduced
TD Waterhouse Canada Inc.5,415$800.8K0.01%+3,267+152.1%Added
Maryland State Retirement & Pension System5,425$805.4K0.02%−772−12.5%Reduced
Flputnam Investment Management Co5,437$807.2K0.02%−187−3.3%Reduced
AG2R la Mondiale Gestion D'Actifs5,778$834.6K0.05%+5,778New
Bangor Savings Bank5,727$850.2K0.08%−524−8.4%Reduced
Williams Jones Wealth Management, LLC.5,817$863.6K0.01%+562+10.7%Added
Quadrature Capital Ltd5,823$864.5K0.02%−16,716−74.2%Reduced
Alberta Investment Management Corp5,902$876.2K0.01%00.0%Unchanged
Frank, Rimerman Advisors LLC5,959$884.7K0.07%+7+0.1%Added
Guggenheim Capital LLC5,961$885.0K0.01%+1,162+24.2%Added
Gulf International Bank (UK) Ltd6,043$897.0K0.03%−2,500−29.3%Reduced
Prudential Financial Inc6,073$901.6K0.00%+1,680+38.2%Added
Utah Retirement Systems6,221$923.6K0.01%−79−1.3%Reduced
Fiduciary Trust Co6,228$924.6K0.01%00.0%Unchanged
Tower Research Capital LLC (TRC)6,316$937.7K0.03%+3,419+118.0%Added
Dakota Wealth Management6,335$940.5K0.02%+6,335New
Inspire Advisors, LLC6,364$944.7K0.11%−1,236−16.3%Reduced
Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna6,365$944.9K0.45%−264−4.0%Reduced
Dark Forest Capital Management LP6,468$960.2K0.04%+3,468+115.6%Added
Creative Planning6,525$968.8K0.00%+1,127+20.9%Added
Hamilton Capital Partners Inc.6,562$974.2K0.06%+2,507+61.8%Added
Royal London Asset Management Ltd6,566$974.8K0.00%+5,664+627.9%Added
Dynamic Advisor Solutions LLC6,641$985.9K0.03%+6,641New
AdvisorNet Financial, Inc6,683$992.2K0.07%−520−7.2%Reduced
Toroso Investments, LLC6,698$994.4K0.01%−1,707−20.3%Reduced
Atria Investments LLC6,741$1.00M0.01%+4,465+196.2%Added
Sowell Financial Services LLC6,743$1.00M0.05%+6,743New
Bryn Mawr Trust Co6,756$1.00M0.02%+124+1.9%Added
Northwest & Ethical Investments L.P.6,895$1.02M0.03%+2,039+42.0%Added
Mackenzie Financial Corp6,932$1.03M0.00%−76,795−91.7%Reduced
Bokf, NA6,944$1.03M0.02%+5,109+278.4%Added
Mirae Asset Global ETFs Holdings Ltd.7,155$1.06M0.00%+1,330+22.8%Added
HighTower Advisors, LLC7,246$1.08M0.00%+1,480+25.7%Added
O'Shaughnessy Asset Management, LLC7,283$1.08M0.01%+2,494+52.1%Added
Spire Wealth Management7,345$1.09M0.03%+6,928+1,661.4%Added
QRG Capital Management, Inc.7,465$1.11M0.01%−443−5.6%Reduced
Ossiam7,490$1.11M0.02%−17,828−70.4%Reduced
Captrust Financial Advisors7,503$1.11M0.00%−940−11.1%Reduced
Entropy Technologies, LP7,517$1.12M0.11%−15,283−67.0%Reduced
Jefferies Financial Group Inc.7,533$1.12M0.02%−6,585−46.6%Reduced
Cerity Partners LLC7,563$1.12M0.00%+783+11.5%Added
Plato Investment Management Ltd7,524$1.13M0.10%+39+0.5%Added
Mercer Global Advisors Inc7,749$1.15M0.00%−559−6.7%Reduced
Kentucky Retirement Systems7,923$1.18M0.04%+7,923New
Mariner, LLC7,980$1.18M0.00%+1,646+26.0%Added
Wealthedge Investment Advisors, LLC8,034$1.19M0.54%+3,237+67.5%Added
Amalgamated Bank8,121$1.21M0.01%−71−0.9%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.8,315$1.23M0.00%−542−6.1%Reduced
Private Trust Co NA8,324$1.24M0.13%+748+9.9%Added
Raiffeisen Bank International AG8,466$1.24M0.02%00.0%Unchanged
Harbour Capital Advisors, LLC8,574$1.28M0.32%+129+1.5%Added
Bridges Investment Management Inc8,718$1.29M0.02%+4,589+111.1%Added
Pier Capital, LLC8,805$1.31M0.22%+1,243+16.4%Added
GAM Holding AG8,895$1.32M0.10%+8,895New
Daiwa Securities Group Inc.9,367$1.39M0.01%+400+4.5%Added
Hunting Hill Global Capital, LLC9,515$1.41M1.78%00.0%Unchanged
M&T Bank Corp9,544$1.42M0.01%+1,087+12.9%Added
E Fund Management Co., Ltd.9,633$1.43M0.07%+9,633New
Mediolanum International Funds Ltd9,870$1.45M0.02%+1,576+19.0%Added
Penserra Capital Management LLC9,891$1.47M0.03%+9,338+1,688.6%Added
Swiss Life Asset Management Ltd9,923$1.47M0.01%+2,637+36.2%Added
Achmea Investment Management B.V.9,959$1.48M0.02%00.0%Unchanged
Cetera Investment Advisers10,492$1.56M0.00%−123−1.2%Reduced
Quantinno Capital Management LP10,579$1.57M0.01%+1,555+17.2%Added
Schonfeld Strategic Advisors LLC10,622$1.58M0.01%−36,532−77.5%Reduced
Elo Mutual Pension Insurance Co10,718$1.59M0.04%−902−7.8%Reduced
Westpac Banking Corp10,785$1.60M0.12%−9,100−45.8%Reduced
Central Pacific Bank - Trust Division10,973$1.63M0.23%+500+4.8%Added
Virtus Investment Advisers, Inc.11,022$1.64M0.44%+11,022New
Balyasny Asset Management LLC12,082$1.79M0.00%−104,982−89.7%Reduced
Storebrand Asset Management AS12,240$1.82M0.01%−216−1.7%Reduced
Banque Pictet & Cie SA12,571$1.87M0.02%+8,371+199.3%Added
JustInvest LLC12,630$1.88M0.03%+264+2.1%Added
Standard Life Aberdeen plc13,152$1.95M0.00%+4,659+54.9%Added