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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
California Public Employees Retirement System521,822$77.5M0.05%−12,846−2.4%Reduced
Vaughan Nelson Investment Management, L.P.527,375$78.3M0.78%+527,375New
Mawer Investment Management Ltd.532,252$79.0M0.38%−46,227−8.0%Reduced
Bank of New York Mellon Corp554,866$82.4M0.02%+17,393+3.2%Added
Capital International Investors555,764$82.5M0.02%+244,514+78.6%Added
AustralianSuper Pty Ltd558,523$82.9M0.47%+558,523New
STRS Ohio591,500$87.8M0.37%−33,500−5.4%Reduced
Amundi606,629$90.4M0.03%+223,673+58.4%Added
UBS Asset Management Americas Inc624,575$92.7M0.02%+19,312+3.2%Added
Westfield Capital Management Co LP630,032$93.5M0.46%+53,464+9.3%Added
Ownership Capital B.V.683,651$101.5M4.65%−127,196−15.7%Reduced
Northern Trust Corp696,322$103.4M0.02%−9,550−1.4%Reduced
Stephens Investment Management Group LLC721,923$107.2M1.55%−129,704−15.2%Reduced
TD Asset Management Inc736,170$109.3M0.10%+504,305+217.5%Added
Nomura Asset Management Co Ltd776,852$115.3M0.35%+219,429+39.4%Added
UBS Group AG786,732$116.8M0.03%+362,860+85.6%Added
Bank of America Corp797,523$118.4M0.01%+349,060+77.8%Added
Champlain Investment Partners, LLC823,660$122.3M0.89%−201,880−19.7%Reduced
Charles Schwab Investment Management Inc874,848$129.9M0.02%+30,296+3.6%Added
Neuberger Berman Group LLC969,516$143.9M0.12%+60,985+6.7%Added
Fiera Capital Corp1,008,660$149.7M0.54%−32,207−3.1%Reduced
CCLA Investment Management Ltd1,043,379$154.9M2.74%−59,539−5.4%Reduced
Thrivent Financial for Lutherans1,092,369$162.2M0.36%+81,038+8.0%Added
Nordea Investment Management AB1,101,289$162.6M0.17%−55,635−4.8%Reduced
Massachusetts Financial Services Co1,154,589$171.4M0.06%−111,440−8.8%Reduced
Cantillon Capital Management LLC1,163,200$172.7M1.12%−35,978−3.0%Reduced
Handelsbanken Fonder AB1,234,400$183.3M0.76%+768,000+164.7%Added
Harding Loevner LP1,251,101$185.7M1.42%−220,774−15.0%Reduced
Invesco Ltd.1,395,456$207.2M0.04%+289,175+26.1%Added
Voya Investment Management LLC1,470,163$217.9M0.24%−109,205−6.9%Reduced
Primecap Management Co1,526,890$226.7M0.19%−26,590−1.7%Reduced
Norges Bank1,577,219$234.2M0.03%+3040.0%Added
FMR LLC1,654,577$245.6M0.02%+226,669+15.9%Added
Bessemer Group Inc1,763,778$261.9M0.47%−180,887−9.3%Reduced
American Century Companies Inc1,765,898$262.2M0.16%+27,133+1.6%Added
Renaissance Technologies LLC1,807,820$268.4M0.41%+405,800+28.9%Added
Artisan Partners Limited Partnership1,831,939$272.0M0.44%−331,880−15.3%Reduced
Allspring Global Investments Holdings, LLC1,911,855$282.9M0.49%−106,130−5.3%Reduced
Morgan Stanley1,931,336$286.7M0.02%−59,979−3.0%Reduced
Axiom Investors LLC1,942,575$288.4M2.77%−28,975−1.5%Reduced
Geode Capital Management, LLC2,067,393$306.3M0.02%+108,247+5.5%Added
Capital World Investors2,298,603$341.3M0.06%+631,444+37.9%Added
T. Rowe Price Investment Management, Inc.2,470,164$366.7M0.24%−141,394−5.4%Reduced
State Street Corp2,562,215$380.4M0.02%−16,038−0.6%Reduced
JPMorgan Chase & Co3,227,009$479.1M0.04%+1,448,223+81.4%Added
Franklin Resources Inc3,883,717$576.6M0.17%+32,865+0.9%Added
Price T Rowe Associates Inc6,881,354$1.02B0.13%−2,6560.0%Reduced
BlackRock, Inc.8,679,346$1.29B0.03%−960,100−10.0%Reduced
Wellington Management Group LLP9,380,121$1.39B0.27%−531,521−5.4%Reduced
Vanguard Group Inc11,767,518$1.75B0.03%+357,768+3.1%Added
Proequities, Inc.0$00.00%−3−100.0%Sold out
Gladstone Capital Management LLP0$00.00%−404,586−100.0%Sold out
Styrax Capital, LP0$00.00%−142,569−100.0%Sold out
ExodusPoint Capital Management, LP0$00.00%−99,642−100.0%Sold out
Royce & Associates LP0$00.00%−95,558−100.0%Sold out
Jain Global LLC0$00.00%−91,062−100.0%Sold out
Jump Financial, LLC0$00.00%−56,765−100.0%Sold out
Aquatic Capital Management LLC0$00.00%−50,341−100.0%Sold out
Boston Private Wealth LLC0$00.00%−40,112−100.0%Sold out
HRT Financial LP0$00.00%−33,411−100.0%Sold out
Prana Capital Management, LP0$00.00%−29,769−100.0%Sold out
Capital Fund Management S.A.0$00.00%−28,775−100.0%Sold out
Covenant Asset Management, LLC0$00.00%−26,381−100.0%Sold out
Groupe la Francaise0$00.00%−23,070−100.0%Sold out
1832 Asset Management L.P.0$00.00%−20,000−100.0%Sold out
Assenagon Asset Management S.A.0$00.00%−17,416−100.0%Sold out
Magnetar Financial LLC0$00.00%−17,231−100.0%Sold out
Centiva Capital, LP0$00.00%−15,436−100.0%Sold out
Quantbot Technologies LP0$00.00%−14,178−100.0%Sold out
IMC-Chicago, LLC0$00.00%−12,409−100.0%Sold out
Fox Run Management, L.L.C.0$00.00%−10,234−100.0%Sold out
Leelyn Smith, LLC0$00.00%−10,226−100.0%Sold out
Brevan Howard Capital Management LP0$00.00%−9,284−100.0%Sold out
Walleye Trading LLC0$00.00%−9,047−100.0%Sold out
Virtus ETF Advisers LLC0$00.00%−8,767−100.0%Sold out
Congress Asset Management Co0$00.00%−7,180−100.0%Sold out
Sciencast Management LP0$00.00%−5,958−100.0%Sold out
Voloridge Investment Management, LLC0$00.00%−5,770−100.0%Sold out
Cinctive Capital Management LP0$00.00%−5,630−100.0%Sold out
Lecap Asset Management Ltd0$00.00%−5,297−100.0%Sold out
Nebula Research & Development LLC0$00.00%−4,904−100.0%Sold out
Cresset Asset Management, LLC0$00.00%−3,278−100.0%Sold out
Monetary Management Group Inc0$00.00%−3,025−100.0%Sold out
Asahi Life Asset Management Co., Ltd.0$00.00%−2,640−100.0%Sold out
iA Global Asset Management Inc.0$00.00%−2,335−100.0%Sold out
Graham Capital Management, L.P.0$00.00%−2,324−100.0%Sold out
Stevens Capital Management LP0$00.00%−2,307−100.0%Sold out
Weiss Asset Management LP0$00.00%−2,091−100.0%Sold out
Scientech Research LLC0$00.00%−1,838−100.0%Sold out
Axq Capital, LP0$00.00%−1,748−100.0%Sold out
R Squared Ltd0$00.00%−1,740−100.0%Sold out
Versor Investments LP0$00.00%−1,703−100.0%Sold out
Blueshift Asset Management, LLC0$00.00%−1,696−100.0%Sold out
West Family Investments, Inc.0$00.00%−1,622−100.0%Sold out
Empirical Asset Management, LLC0$00.00%−4,097−100.0%Sold out
Comprehensive Financial Planning, Inc.0$00.00%−1,292−100.0%Sold out
University of Texas/Texas Am Investment Managment Co0$00.00%−1,216−100.0%Sold out
Walleye Capital LLC0$00.00%−564−100.0%Sold out
Mizuho Bank, Ltd.0$00.00%−410−100.0%Sold out
Healthcare of Ontario Pension Plan Trust Fund0$00.00%−260−100.0%Sold out