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 |
|---|---|---|---|---|---|
| Aperture Investors, LLC | 22,152 | $3.29M | 0.50% | −5,610−20.2% | Reduced |
| Citadel Advisors LLC | 21,955 | $3.26M | 0.00% | −231,153−91.3% | Reduced |
| Knollwood Investment Advisory, LLC | 21,860 | $3.25M | 0.36% | 00.0% | Unchanged |
| EFG Asset Management (North America) Corp. | 21,795 | $3.24M | 0.54% | −3,178−12.7% | Reduced |
| IFM Investors Pty Ltd | 21,749 | $3.23M | 0.03% | −969−4.3% | Reduced |
| PDT Partners, LLC | 21,010 | $3.12M | 0.22% | +18,510+740.4% | Added |
| Forsta Ap-Fonden | 20,900 | $3.10M | 0.02% | −9,100−30.3% | Reduced |
| Taylor Frigon Capital Management LLC | 20,837 | $3.09M | 1.84% | −497−2.3% | Reduced |
| XTX Topco Ltd | 20,457 | $3.04M | 0.16% | +17,892+697.5% | Added |
| Mn Services Vermogensbeheer B.V. | 20,400 | $3.03M | 0.02% | −4,200−17.1% | Reduced |
| SG Americas Securities, LLC | 20,381 | $3.03M | 0.01% | +15,755+340.6% | Added |
| Toronto Dominion Bank | 20,194 | $3.00M | 0.01% | +1,888+10.3% | Added |
| DnB Asset Management AS | 20,078 | $2.98M | 0.01% | −447−2.2% | Reduced |
| Ethic Inc. | 19,146 | $2.83M | 0.06% | +1,627+9.3% | Added |
| George Kaiser Family Foundation | 18,791 | $2.79M | 0.41% | +18,791 | New |
| Element Capital Management LLC | 18,760 | $2.79M | 0.69% | +18,760 | New |
| Torray LLC | 18,555 | $2.75M | 0.41% | −77−0.4% | Reduced |
| Sheaff Brock Investment Advisors, LLC | 18,087 | $2.69M | 0.25% | −243−1.3% | Reduced |
| EFG Asset Management (Americas) Corp. | 17,665 | $2.62M | 0.53% | −4,347−19.7% | Reduced |
| DekaBank Deutsche Girozentrale | 18,201 | $2.62M | 0.01% | −25−0.1% | Reduced |
| Vontobel Holding Ltd. | 17,517 | $2.60M | 0.01% | +1,512+9.4% | Added |
| Tredje AP-fonden | 17,136 | $2.54M | 0.02% | 00.0% | Unchanged |
| Nutshell Asset Management Ltd | 17,000 | $2.52M | 1.32% | +17,000 | New |
| Illumine Investment Management, LLC | 16,992 | $2.52M | 2.07% | +157+0.9% | Added |
| Police & Firemen's Retirement System of New Jersey | 16,950 | $2.52M | 0.03% | 00.0% | Unchanged |
| Eventide Asset Management, LLC | 16,619 | $2.46M | 0.05% | +2,733+19.7% | Added |
| Cumberland Partners Ltd | 16,500 | $2.45M | 0.19% | −3,500−17.5% | Reduced |
| Susquehanna Fundamental Investments, LLC | 16,491 | $2.45M | 0.04% | −57,239−77.6% | Reduced |
| Stifel Financial Corp | 16,027 | $2.38M | 0.00% | +272+1.7% | Added |
| Xponance, Inc. | 16,013 | $2.38M | 0.02% | −32−0.2% | Reduced |
| US Bancorp | 15,908 | $2.36M | 0.00% | −1,790−10.1% | Reduced |
| AXA S.A. | 15,475 | $2.30M | 0.01% | −6,089−28.2% | Reduced |
| Meiji Yasuda Life Insurance Co | 15,281 | $2.27M | 0.05% | −670−4.2% | Reduced |
| Bank of Montreal | 15,034 | $2.23M | 0.00% | −1,030−6.4% | Reduced |
| UBS Oconnor LLC | 15,000 | $2.23M | 0.05% | +15,000 | New |
| Roberts Wealth Advisors, LLC | 14,892 | $2.21M | 0.68% | +14,892 | New |
| Linden Thomas Advisory Services, LLC | 14,881 | $2.21M | 0.29% | +273+1.9% | Added |
| Janus Henderson Group PLC | 15,046 | $2.21M | 0.00% | +2,175+16.9% | Added |
| Squarepoint Ops LLC | 14,812 | $2.20M | 0.01% | −30,711−67.5% | Reduced |
| Candriam Luxembourg S.C.A. | 14,666 | $2.18M | 0.01% | −1,735−10.6% | Reduced |
| Nissay Asset Management Corp | 14,422 | $2.14M | 0.01% | +158+1.1% | Added |
| AIA Group Ltd | 14,200 | $2.11M | 0.05% | +14,200 | New |
| Engineers Gate Manager LP | 14,083 | $2.09M | 0.04% | −243−1.7% | Reduced |
| Goodman Advisory Group, LLC | 13,894 | $2.06M | 0.63% | −2,579−15.7% | Reduced |
| Pathstone Holdings, LLC | 13,818 | $2.05M | 0.01% | +496+3.7% | Added |
| HWG Holdings LP | 13,677 | $2.03M | 0.91% | −11,562−45.8% | Reduced |
| Wolverine Trading, LLC | 13,824 | $2.03M | 0.06% | +9,114+193.5% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 13,489 | $2.00M | 0.01% | −31,379−69.9% | Reduced |
| Illinois Municipal Retirement Fund | 13,425 | $1.99M | 0.03% | 00.0% | Unchanged |
| Lazard Asset Management LLC | 13,275 | $1.97M | 0.00% | +3,460+35.3% | Added |
| Standard Life Aberdeen plc | 13,152 | $1.95M | 0.00% | +4,659+54.9% | Added |
| JustInvest LLC | 12,630 | $1.88M | 0.03% | +264+2.1% | Added |
| Banque Pictet & Cie SA | 12,571 | $1.87M | 0.02% | +8,371+199.3% | Added |
| Storebrand Asset Management AS | 12,240 | $1.82M | 0.01% | −216−1.7% | Reduced |
| Balyasny Asset Management LLC | 12,082 | $1.79M | 0.00% | −104,982−89.7% | Reduced |
| Virtus Investment Advisers, Inc. | 11,022 | $1.64M | 0.44% | +11,022 | New |
| Central Pacific Bank - Trust Division | 10,973 | $1.63M | 0.23% | +500+4.8% | Added |
| Westpac Banking Corp | 10,785 | $1.60M | 0.12% | −9,100−45.8% | Reduced |
| Elo Mutual Pension Insurance Co | 10,718 | $1.59M | 0.04% | −902−7.8% | Reduced |
| Schonfeld Strategic Advisors LLC | 10,622 | $1.58M | 0.01% | −36,532−77.5% | Reduced |
| Quantinno Capital Management LP | 10,579 | $1.57M | 0.01% | +1,555+17.2% | Added |
| Cetera Investment Advisers | 10,492 | $1.56M | 0.00% | −123−1.2% | Reduced |
| Achmea Investment Management B.V. | 9,959 | $1.48M | 0.02% | 00.0% | Unchanged |
| Swiss Life Asset Management Ltd | 9,923 | $1.47M | 0.01% | +2,637+36.2% | Added |
| Penserra Capital Management LLC | 9,891 | $1.47M | 0.03% | +9,338+1,688.6% | Added |
| Mediolanum International Funds Ltd | 9,870 | $1.45M | 0.02% | +1,576+19.0% | Added |
| E Fund Management Co., Ltd. | 9,633 | $1.43M | 0.07% | +9,633 | New |
| M&T Bank Corp | 9,544 | $1.42M | 0.01% | +1,087+12.9% | Added |
| Hunting Hill Global Capital, LLC | 9,515 | $1.41M | 1.78% | 00.0% | Unchanged |
| Daiwa Securities Group Inc. | 9,367 | $1.39M | 0.01% | +400+4.5% | Added |
| GAM Holding AG | 8,895 | $1.32M | 0.10% | +8,895 | New |
| Pier Capital, LLC | 8,805 | $1.31M | 0.22% | +1,243+16.4% | Added |
| Bridges Investment Management Inc | 8,718 | $1.29M | 0.02% | +4,589+111.1% | Added |
| Harbour Capital Advisors, LLC | 8,574 | $1.28M | 0.32% | +129+1.5% | Added |
| Raiffeisen Bank International AG | 8,466 | $1.24M | 0.02% | 00.0% | Unchanged |
| Private Trust Co NA | 8,324 | $1.24M | 0.13% | +748+9.9% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 8,315 | $1.23M | 0.00% | −542−6.1% | Reduced |
| Amalgamated Bank | 8,121 | $1.21M | 0.01% | −71−0.9% | Reduced |
| Wealthedge Investment Advisors, LLC | 8,034 | $1.19M | 0.54% | +3,237+67.5% | Added |
| Mariner, LLC | 7,980 | $1.18M | 0.00% | +1,646+26.0% | Added |
| Kentucky Retirement Systems | 7,923 | $1.18M | 0.04% | +7,923 | New |
| Mercer Global Advisors Inc | 7,749 | $1.15M | 0.00% | −559−6.7% | Reduced |
| Plato Investment Management Ltd | 7,524 | $1.13M | 0.10% | +39+0.5% | Added |
| Cerity Partners LLC | 7,563 | $1.12M | 0.00% | +783+11.5% | Added |
| Jefferies Financial Group Inc. | 7,533 | $1.12M | 0.02% | −6,585−46.6% | Reduced |
| Entropy Technologies, LP | 7,517 | $1.12M | 0.11% | −15,283−67.0% | Reduced |
| Captrust Financial Advisors | 7,503 | $1.11M | 0.00% | −940−11.1% | Reduced |
| Ossiam | 7,490 | $1.11M | 0.02% | −17,828−70.4% | Reduced |
| QRG Capital Management, Inc. | 7,465 | $1.11M | 0.01% | −443−5.6% | Reduced |
| Spire Wealth Management | 7,345 | $1.09M | 0.03% | +6,928+1,661.4% | Added |
| O'Shaughnessy Asset Management, LLC | 7,283 | $1.08M | 0.01% | +2,494+52.1% | Added |
| HighTower Advisors, LLC | 7,246 | $1.08M | 0.00% | +1,480+25.7% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 7,155 | $1.06M | 0.00% | +1,330+22.8% | Added |
| Bokf, NA | 6,944 | $1.03M | 0.02% | +5,109+278.4% | Added |
| Mackenzie Financial Corp | 6,932 | $1.03M | 0.00% | −76,795−91.7% | Reduced |
| Northwest & Ethical Investments L.P. | 6,895 | $1.02M | 0.03% | +2,039+42.0% | Added |
| Bryn Mawr Trust Co | 6,756 | $1.00M | 0.02% | +124+1.9% | Added |
| Sowell Financial Services LLC | 6,743 | $1.00M | 0.05% | +6,743 | New |
| Atria Investments LLC | 6,741 | $1.00M | 0.01% | +4,465+196.2% | Added |
| Toroso Investments, LLC | 6,698 | $994.4K | 0.01% | −1,707−20.3% | Reduced |