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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
Science & Technology Partners, L.P.48,600$7.22M2.86%+48,600New
Ceera Investments, LLC50,425$7.49M2.58%−165−0.3%Reduced
Natixis Advisors, L.P.51,109$7.59M0.01%+36,642+253.3%Added
Commerce Bank51,129$7.59M0.05%−6,153−10.7%Reduced
Marshall Wace, LLP51,267$7.61M0.01%−5,909−10.3%Reduced
Pictet Asset Management Holding SA51,770$7.68M0.01%+5,300+11.4%Added
Alps Advisors Inc52,569$7.80M0.05%+772+1.5%Added
Treasurer of the State of North Carolina53,113$7.88M0.03%−5,400−9.2%Reduced
Meiji Yasuda Asset Management Co Ltd.53,542$7.95M0.32%−2,842−5.0%Reduced
2Xideas AG54,433$8.08M1.23%+35,309+184.6%Added
Mitsubishi UFJ Trust & Banking Corp54,480$8.09M0.02%−10,047−15.6%Reduced
APG Asset Management N.V.63,300$8.70M0.03%+1,300+2.1%Added
Sequoia Financial Advisors, LLC59,161$8.78M0.07%+4,950+9.1%Added
Janney Montgomery Scott LLC62,385$9.26M0.03%−11,017−15.0%Reduced
State of Wisconsin Investment Board65,560$9.73M0.03%+1,377+2.1%Added
Bank Julius Baer & Co. Ltd, Zurich66,240$9.77M0.03%+66,240New
Ensign Peak Advisors, Inc66,066$9.81M0.02%−2,841−4.1%Reduced
Moran Wealth Management, LLC67,754$10.1M0.34%+67,754New
Jupiter Asset Management Ltd75,210$11.2M0.11%−152,167−66.9%Reduced
Man Group plc75,428$11.2M0.03%−55,357−42.3%Reduced
Andra AP-fonden75,700$11.2M0.18%−29,300−27.9%Reduced
Brown Advisory Inc76,336$11.3M0.02%−11,342−12.9%Reduced
Public Employees Retirement System of Ohio78,312$11.6M0.04%+35,470+82.8%Added
Omers Administration Corp81,660$12.1M0.11%−6,743−7.6%Reduced
Envestnet Asset Management Inc82,311$12.2M0.00%+19,643+31.3%Added
Barclays PLC83,813$12.4M0.01%+5,882+7.5%Added
Lord, Abbett & Co. LLC85,587$12.7M0.05%−191,779−69.1%Reduced
Cookson Peirce & Co Inc88,784$13.2M0.66%−340−0.4%Reduced
Agf Management Ltd90,691$13.5M0.07%+86,690+2,166.7%Added
Korea Investment CORP92,362$13.7M0.03%−43,167−31.9%Reduced
Citigroup Inc93,575$13.9M0.01%+14,631+18.5%Added
AQR Capital Management LLC95,787$14.1M0.01%+42,909+81.1%Added
Macquarie Group Ltd95,190$14.1M0.02%00.0%Unchanged
Raymond James Financial Inc96,959$14.4M0.01%−7,519−7.2%Reduced
Wells Fargo & Company97,031$14.4M0.00%+1,933+2.0%Added
Ameriprise Financial Inc98,383$14.7M0.00%+13,223+15.5%Added
Assetmark, Inc100,431$14.9M0.04%−789−0.8%Reduced
State Board of Administration of Florida Retirement System101,500$15.1M0.03%00.0%Unchanged
Gotham Asset Management, LLC101,785$15.1M0.13%+36,355+55.6%Added
Vinva Investment Management Ltd103,007$15.1M0.62%+10,612+11.5%Added
Principal Financial Group Inc103,936$15.4M0.01%−4,739−4.4%Reduced
Square Wave Partners, L.P.106,274$15.8M16.88%+7,161+7.2%Added
Square Wave Capital, LLC106,274$15.8M16.88%+7,161+7.2%Added
Sumitomo Mitsui DS Asset Management Company, Ltd112,882$16.8M0.17%+900+0.8%Added
Russell Investments Group, Ltd.119,810$17.8M0.02%+32,710+37.6%Added
Royal Bank of Canada121,407$18.0M0.00%−22,695−15.7%Reduced
Two Sigma Investments, LP121,834$18.1M0.04%−162,881−57.2%Reduced
Schroder Investment Management Group122,373$18.2M0.02%−9,345−7.1%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.123,979$18.4M0.02%+11,690+10.4%Added
Blair William & Co126,251$18.7M0.06%+13,440+11.9%Added
Asset Management One Co.,Ltd.126,901$18.8M0.06%−277−0.2%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH127,227$18.9M0.04%+14,504+12.9%Added
Goldman Sachs Group Inc129,733$19.3M0.00%−63,503−32.9%Reduced
Wilson Asset Management (International) Pty Ltd133,035$19.8M5.28%00.0%Unchanged
Canada Pension Plan Investment Board133,447$19.8M0.02%+19,012+16.6%Added
Carnegie Capital Asset Management, LLC153,093$20.0M0.48%+22,458+17.2%Added
New York State Common Retirement Fund138,406$20.5M0.03%−83,400−37.6%Reduced
Two Sigma Advisers, LP140,300$20.8M0.05%−8,400−5.6%Reduced
Millennium Management LLC142,434$21.1M0.02%+51,946+57.4%Added
Twin Tree Management, LP142,677$21.2M0.47%+119,929+527.2%Added
Rhumbline Advisers146,674$21.8M0.02%−274−0.2%Reduced
Robeco Institutional Asset Management B.V.153,804$22.8M0.04%−8,172−5.0%Reduced
Credit Agricole S A158,702$23.6M0.09%−15,178−8.7%Reduced
KBC Group NV162,389$24.1M0.07%+18,434+12.8%Added
Susquehanna International Group, LLP164,213$24.4M0.04%+58,229+54.9%Added
VGI Partners Ltd164,764$24.5M2.51%+76,122+85.9%Added
Allianz Asset Management GmbH167,537$24.9M0.04%+15,304+10.1%Added
Ninety One UK Ltd168,272$25.0M0.07%−46,400−21.6%Reduced
Oddo BHF Asset Management SAS170,421$25.3M1.04%00.0%Unchanged
Adage Capital Partners GP, L.L.C.175,000$26.0M0.05%+60,000+52.2%Added
Public Employees Retirement Association of Colorado175,384$26.0M0.11%−32,900−15.8%Reduced
Comerica Bank176,203$26.2M0.11%+22,729+14.8%Added
California State Teachers Retirement System179,294$26.6M0.03%−2,063−1.1%Reduced
Driehaus Capital Management LLC185,264$27.5M0.27%−105,882−36.4%Reduced
Manufacturers Life Insurance Company, The201,105$29.9M0.03%−37,162−15.6%Reduced
Praesidium Investment Management Company, LLC204,042$30.3M5.66%+204,042New
Deutsche Bank AG206,866$30.7M0.01%−891−0.4%Reduced
Kensico Capital Management Corp228,500$33.9M0.76%+228,500New
Stony Point Capital LLC230,315$34.2M3.70%+141,463+159.2%Added
Sumitomo Mitsui Trust Holdings, Inc.232,163$34.5M0.02%−13,083−5.3%Reduced
Renaissance Group LLC265,727$39.4M1.74%−8,288−3.0%Reduced
First Trust Advisors LP288,654$42.9M0.04%+8,010+2.9%Added
Los Angeles Capital Management LLC294,976$43.8M0.19%−3,179−1.1%Reduced
Legal & General Group Plc304,928$45.3M0.01%−17,359−5.4%Reduced
Nuveen, LLC310,952$46.2M0.01%+310,952New
American Capital Management Inc314,124$46.6M1.90%+15,887+5.3%Added
Carmignac Gestion331,000$49.1M0.81%+13,700+4.3%Added
FIL Ltd334,153$49.6M0.05%−82,137−19.7%Reduced
SEI Investments Co341,632$50.7M0.07%+22,451+7.0%Added
Dimensional Fund Advisors LP349,332$51.9M0.01%+22,878+7.0%Added
Arrowstreet Capital, Limited Partnership350,654$52.1M0.04%+105,481+43.0%Added
Bamco Inc391,236$58.1M0.17%+1,000+0.3%Added
Victory Capital Management Inc402,878$59.8M0.06%−28,781−6.7%Reduced
Qube Research & Technologies Ltd415,253$61.6M0.10%+11,737+2.9%Added
CIBC Private Wealth Group, LLC491,692$61.7M0.13%+3,131+0.6%Added
Teacher Retirement System of Texas435,090$64.6M0.27%−144,005−24.9%Reduced
D. E. Shaw & Co., Inc.460,342$68.3M0.08%+130,386+39.5%Added
Caisse de Depot Et Placement du Quebec464,634$69.0M0.14%−98,482−17.5%Reduced
Colony Group, LLC468,586$69.6M0.17%−5,586−1.2%Reduced
Clearbridge Investments, LLC517,338$76.8M0.07%−69,966−11.9%Reduced