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 |
|---|---|---|---|---|---|
| Blair William & Co | 126,251 | $18.7M | 0.06% | +13,440+11.9% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 123,979 | $18.4M | 0.02% | +11,690+10.4% | Added |
| Schroder Investment Management Group | 122,373 | $18.2M | 0.02% | −9,345−7.1% | Reduced |
| Two Sigma Investments, LP | 121,834 | $18.1M | 0.04% | −162,881−57.2% | Reduced |
| Royal Bank of Canada | 121,407 | $18.0M | 0.00% | −22,695−15.7% | Reduced |
| Russell Investments Group, Ltd. | 119,810 | $17.8M | 0.02% | +32,710+37.6% | Added |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 112,882 | $16.8M | 0.17% | +900+0.8% | Added |
| Square Wave Partners, L.P. | 106,274 | $15.8M | 16.88% | +7,161+7.2% | Added |
| Square Wave Capital, LLC | 106,274 | $15.8M | 16.88% | +7,161+7.2% | Added |
| Principal Financial Group Inc | 103,936 | $15.4M | 0.01% | −4,739−4.4% | Reduced |
| Vinva Investment Management Ltd | 103,007 | $15.1M | 0.62% | +10,612+11.5% | Added |
| Gotham Asset Management, LLC | 101,785 | $15.1M | 0.13% | +36,355+55.6% | Added |
| State Board of Administration of Florida Retirement System | 101,500 | $15.1M | 0.03% | 00.0% | Unchanged |
| Assetmark, Inc | 100,431 | $14.9M | 0.04% | −789−0.8% | Reduced |
| Ameriprise Financial Inc | 98,383 | $14.7M | 0.00% | +13,223+15.5% | Added |
| Wells Fargo & Company | 97,031 | $14.4M | 0.00% | +1,933+2.0% | Added |
| Raymond James Financial Inc | 96,959 | $14.4M | 0.01% | −7,519−7.2% | Reduced |
| Macquarie Group Ltd | 95,190 | $14.1M | 0.02% | 00.0% | Unchanged |
| AQR Capital Management LLC | 95,787 | $14.1M | 0.01% | +42,909+81.1% | Added |
| Citigroup Inc | 93,575 | $13.9M | 0.01% | +14,631+18.5% | Added |
| Korea Investment CORP | 92,362 | $13.7M | 0.03% | −43,167−31.9% | Reduced |
| Agf Management Ltd | 90,691 | $13.5M | 0.07% | +86,690+2,166.7% | Added |
| Cookson Peirce & Co Inc | 88,784 | $13.2M | 0.66% | −340−0.4% | Reduced |
| Lord, Abbett & Co. LLC | 85,587 | $12.7M | 0.05% | −191,779−69.1% | Reduced |
| Barclays PLC | 83,813 | $12.4M | 0.01% | +5,882+7.5% | Added |
| Envestnet Asset Management Inc | 82,311 | $12.2M | 0.00% | +19,643+31.3% | Added |
| Omers Administration Corp | 81,660 | $12.1M | 0.11% | −6,743−7.6% | Reduced |
| Public Employees Retirement System of Ohio | 78,312 | $11.6M | 0.04% | +35,470+82.8% | Added |
| Brown Advisory Inc | 76,336 | $11.3M | 0.02% | −11,342−12.9% | Reduced |
| Andra AP-fonden | 75,700 | $11.2M | 0.18% | −29,300−27.9% | Reduced |
| Man Group plc | 75,428 | $11.2M | 0.03% | −55,357−42.3% | Reduced |
| Jupiter Asset Management Ltd | 75,210 | $11.2M | 0.11% | −152,167−66.9% | Reduced |
| Moran Wealth Management, LLC | 67,754 | $10.1M | 0.34% | +67,754 | New |
| Ensign Peak Advisors, Inc | 66,066 | $9.81M | 0.02% | −2,841−4.1% | Reduced |
| Bank Julius Baer & Co. Ltd, Zurich | 66,240 | $9.77M | 0.03% | +66,240 | New |
| State of Wisconsin Investment Board | 65,560 | $9.73M | 0.03% | +1,377+2.1% | Added |
| Janney Montgomery Scott LLC | 62,385 | $9.26M | 0.03% | −11,017−15.0% | Reduced |
| Sequoia Financial Advisors, LLC | 59,161 | $8.78M | 0.07% | +4,950+9.1% | Added |
| APG Asset Management N.V. | 63,300 | $8.70M | 0.03% | +1,300+2.1% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 54,480 | $8.09M | 0.02% | −10,047−15.6% | Reduced |
| 2Xideas AG | 54,433 | $8.08M | 1.23% | +35,309+184.6% | Added |
| Meiji Yasuda Asset Management Co Ltd. | 53,542 | $7.95M | 0.32% | −2,842−5.0% | Reduced |
| Treasurer of the State of North Carolina | 53,113 | $7.88M | 0.03% | −5,400−9.2% | Reduced |
| Alps Advisors Inc | 52,569 | $7.80M | 0.05% | +772+1.5% | Added |
| Pictet Asset Management Holding SA | 51,770 | $7.68M | 0.01% | +5,300+11.4% | Added |
| Marshall Wace, LLP | 51,267 | $7.61M | 0.01% | −5,909−10.3% | Reduced |
| Commerce Bank | 51,129 | $7.59M | 0.05% | −6,153−10.7% | Reduced |
| Natixis Advisors, L.P. | 51,109 | $7.59M | 0.01% | +36,642+253.3% | Added |
| Ceera Investments, LLC | 50,425 | $7.49M | 2.58% | −165−0.3% | Reduced |
| Science & Technology Partners, L.P. | 48,600 | $7.22M | 2.86% | +48,600 | New |
| Alliancebernstein L.P. | 47,460 | $7.05M | 0.00% | +1,784+3.9% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 47,394 | $7.04M | 0.02% | −2,627−5.3% | Reduced |
| Montanaro Asset Management Ltd | 47,000 | $6.98M | 2.05% | +4,000+9.3% | Added |
| GDS Wealth Management | 43,970 | $6.53M | 0.56% | +16,069+57.6% | Added |
| BI Asset Management Fondsmaeglerselskab A/S | 43,944 | $6.52M | 0.07% | +39,753+948.5% | Added |
| Worldquant Millennium Advisors LLC | 43,623 | $6.48M | 0.04% | +38,786+801.9% | Added |
| Advisors Capital Management, LLC | 43,103 | $6.40M | 0.10% | +261+0.6% | Added |
| BNP Paribas Arbitrage, SA | 42,820 | $6.36M | 0.00% | +2,799+7.0% | Added |
| KLP Kapitalforvaltning AS | 42,400 | $6.29M | 0.03% | −500−1.2% | Reduced |
| Lakehouse Capital Pty Ltd | 40,880 | $6.07M | 4.03% | 00.0% | Unchanged |
| Pinebridge Investments, L.P. | 40,645 | $6.03M | 0.05% | −21,182−34.3% | Reduced |
| Northwestern Mutual Wealth Management Co | 40,476 | $6.01M | 0.00% | +3,951+10.8% | Added |
| Taikang Asset Management (Hong Kong) Co Ltd | 40,028 | $5.94M | 0.81% | +13,114+48.7% | Added |
| Wealthfront Advisers LLC | 39,621 | $5.88M | 0.02% | −1,081−2.7% | Reduced |
| Great West Life Assurance Co | 39,533 | $5.88M | 0.01% | −445−1.1% | Reduced |
| LPL Financial LLC | 39,428 | $5.85M | 0.00% | +11,799+42.7% | Added |
| State of New Jersey Common Pension Fund D | 39,053 | $5.80M | 0.03% | −3,194−7.6% | Reduced |
| Lansforsakringar Fondforvaltning AB (publ) | 37,665 | $5.59M | 0.03% | +402+1.1% | Added |
| Danske Bank A/S | 37,641 | $5.59M | 0.02% | −900−2.3% | Reduced |
| Alamar Capital Management, LLC | 37,306 | $5.54M | 3.29% | +11,612+45.2% | Added |
| Atika Capital Management LLC | 37,256 | $5.53M | 0.85% | −11,652−23.8% | Reduced |
| Investment Management Corp of Ontario | 36,218 | $5.38M | 0.11% | +36,218 | New |
| Resona Asset Management Co.,Ltd. | 34,212 | $5.07M | 0.03% | +1,709+5.3% | Added |
| OP Asset Management Ltd | 34,004 | $5.05M | 0.09% | +34,004 | New |
| Arizona State Retirement System | 33,571 | $4.98M | 0.03% | −171−0.5% | Reduced |
| Pier 88 Investment Partners LLC | 32,615 | $4.84M | 0.93% | +22,760+230.9% | Added |
| Thornburg Investment Management Inc | 32,229 | $4.78M | 0.07% | −2,766−7.9% | Reduced |
| Grandeur Peak Global Advisors, LLC | 31,714 | $4.71M | 0.52% | −7,780−19.7% | Reduced |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 31,694 | $4.71M | 0.06% | −3,000−8.6% | Reduced |
| Ostrum Asset Management | 31,462 | $4.67M | 0.25% | +6,890+28.0% | Added |
| Gunderson Capital Management Inc. | 31,267 | $4.64M | 2.99% | +31,267 | New |
| Clear Harbor Asset Management, LLC | 31,249 | $4.64M | 0.37% | −219−0.7% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 29,603 | $4.39M | 0.20% | −1,644−5.3% | Reduced |
| Vident Advisory, LLC | 28,895 | $4.29M | 0.06% | +24,979+637.9% | Added |
| HSBC Holdings PLC | 28,909 | $4.29M | 0.00% | −5,386−15.7% | Reduced |
| Fred Alger Management, LLC | 27,602 | $4.10M | 0.02% | +27,602 | New |
| Jane Street Group, LLC | 26,493 | $3.93M | 0.01% | −13,529−33.8% | Reduced |
| Rational Advisors LLC | 26,200 | $3.89M | 0.39% | +26,200 | New |
| Richard Bernstein Advisors LLC | 25,493 | $3.78M | 0.09% | −1,502−5.6% | Reduced |
| Oribel Capital Management, LP | 25,300 | $3.76M | 0.47% | +25,300 | New |
| Munro Partners | 24,915 | $3.70M | 0.18% | +14,110+130.6% | Added |
| Federated Hermes, Inc. | 24,864 | $3.69M | 0.01% | +1,790+7.8% | Added |
| Sumitomo Life Insurance Co | 24,847 | $3.69M | 0.13% | −112−0.4% | Reduced |
| Capital Group Private Client Services, Inc. | 24,447 | $3.63M | 0.04% | −328−1.3% | Reduced |
| Skandinaviska Enskilda Banken AB (publ) | 23,787 | $3.53M | 0.02% | 00.0% | Unchanged |
| D L Carlson Investment Group Inc | 23,607 | $3.50M | 0.67% | −143−0.6% | Reduced |
| Synovus Financial Corp | 23,140 | $3.44M | 0.04% | −1,946−7.8% | Reduced |
| Intech Investment Management LLC | 22,535 | $3.35M | 0.03% | −937−4.0% | Reduced |
| British Columbia Investment Management Corp | 22,226 | $3.30M | 0.02% | −41−0.2% | Reduced |
| Mirae Asset Global Investments Co., Ltd. | 22,461 | $3.30M | 0.01% | −8,417−27.3% | Reduced |