Tradeweb Markets Inc.

Exchange: Nasdaq
Industry: Security & Commodity Brokers, Dealers, Exchanges & Services
SEC CIK: 0001758730

SEC filings (opens in a new tab)

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.

Q2 2025 vs. Q1 2025

How the institutions holding Tradeweb Markets Inc. changed between Q1 2025 and Q2 2025.

All holders in Q2 2025 All holders in Q1 2025

13F holders of TW: Q1 2025 compared with Q2 2025
Measure	Q1 2025	Of which not filed for Q2 2025	Q2 2025	Change
Holders	550	6	572	+28
Shares	116.6M	289.5K	117.0M	+693.1K (+0.6%)
Value	$17.3B	$43.0M	$17.1B	−$143.1M (−0.8%)

6 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so the changes leave them out.

New holders (83)

Institutions that held Tradeweb Markets Inc. at the end of Q2 2025 but not at the end of Q1 2025.

Institutions new to TW in Q2 2025
Institution	Shares	Value	% of portfolio
Grantham, Mayo, Van Otterloo & Co. LLC	1,483,629	$217.2M	0.66%
Perpetual Ltd	394,969	$57.8M	0.68%
Fisher Funds Management LTD	175,357	$25.7M	0.61%
Norinchukin Bank, The	89,082	$13.0M	0.19%
Sone Capital Management, LLC	72,201	$10.6M	0.98%
SeaTown Holdings Pte. Ltd.	65,800	$9.63M	5.67%
Brevan Howard Capital Management LP	44,121	$6.46M	0.07%
La Banque Postale Asset Management SA	29,129	$4.26M	0.06%
Ninety One SA (PTY) Ltd	26,811	$3.92M	0.64%
Assenagon Asset Management S.A.	23,696	$3.47M	0.01%
Aquatic Capital Management LLC	17,913	$2.62M	0.05%
Element Squared LLC	15,335	$2.24M	1.40%
Cim, LLC	14,829	$2.17M	0.29%
Ieq Capital, LLC	14,662	$2.15M	0.01%
HRT Financial LP	14,634	$2.14M	0.01%
Landscape Capital Management, L.L.C.	13,970	$2.05M	0.16%
EP Wealth Advisors, LLC	13,716	$2.01M	0.01%
Generali Asset Management SPA SGR	13,660	$2.00M	0.05%
Swedbank AB	12,950	$1.90M	0.00%
1832 Asset Management L.P.	12,561	$1.84M	0.00%
Catalyst Funds Management Pty Ltd	10,400	$1.52M	0.42%
Harvest Investment Services, LLC	10,007	$1.47M	0.33%
Boston Private Wealth LLC	9,418	$1.38M	0.07%
Summit Trail Advisors, LLC	8,773	$1.28M	0.02%
Highland Capital Management, LLC	8,484	$1.24M	0.07%
LGT Group Foundation	7,833	$1.15M	0.01%
WBI Investments	7,389	$1.08M	0.28%
Williamson Legacy Group, LLC	6,827	$999.5K	0.84%
Freestone Grove Partners LP	6,721	$984.0K	0.01%
Summit Global Investments	5,004	$733.0K	0.04%
Hudson Bay Capital Management LP	4,880	$714.4K	0.00%
Nebula Research & Development LLC	4,820	$705.6K	0.06%
Capula Management Ltd	4,407	$645.2K	0.01%
Delta Investment Management, LLC	3,594	$526.2K	0.10%
Gerber Kawasaki Wealth & Investment Management	3,492	$511.3K	0.02%
Simplicity Wealth,LLC	3,388	$496.0K	0.02%
Capstone Investment Advisors, LLC	2,985	$437.0K	0.00%
Quantbot Technologies LP	2,753	$403.0K	0.01%
Pallas Capital Advisors LLC	2,734	$400.3K	0.02%
NVWM, LLC	2,444	$357.8K	0.09%
Jump Financial, LLC	2,409	$352.7K	0.00%
Arete Wealth Advisors, LLC	2,245	$329.0K	0.02%
Westerkirk Capital Inc.	2,200	$322.1K	0.04%
Ontario Teachers Pension Plan Board	2,136	$312.7K	0.01%
Walleye Capital LLC	2,009	$294.1K	0.00%
Resources Investment Advisors, LLC.	1,989	$291.2K	0.00%
New York State Teachers Retirement System	1,971	$289.0K	0.00%
Merit Financial Group, LLC	1,906	$279.1K	0.00%
Novare Capital Management LLC	1,900	$278.2K	0.02%
Magnetar Financial LLC	1,853	$271.3K	0.00%
Quantessence Capital LLC	1,813	$265.4K	0.08%
Erste Asset Management GmbH	1,800	$260.9K	0.00%
West Family Investments, Inc.	1,753	$256.6K	0.07%
Buckingham Strategic Partners	1,644	$240.5K	0.00%
Acadian Asset Management LLC	1,597	$233.0K	0.00%
Brighton Jones LLC	1,571	$230.0K	0.01%
Argent Trust Co	1,540	$225.5K	0.01%
Essential Partners LLC	1,504	$220.2K	0.09%
Benjamin Edwards Inc	1,501	$219.8K	0.00%
MQS Management LLC	1,439	$210.7K	0.12%
Laurion Capital Management LP	1,430	$209.4K	0.02%
Oak Ridge Investments LLC	1,418	$207.6K	0.01%
Ground Swell Capital, LLC	1,404	$205.5K	0.34%
Financiere des Professionnels - Fonds d,investissement inc.	1,229	$179.9K	0.01%
Employees Retirement System of Texas	914	$134.0K	0.00%
Ameritas Advisory Services, LLC	775	$113.5K	0.01%
Ancora Advisors, LLC	450	$65.9K	0.00%
Caitong International Asset Management Co., Ltd	245	$35.9K	0.03%
Boreal Capital Management LLC	110	$16.1K	0.01%
Bullock Wealth Management Group	85	$11.7K	0.01%
Mount Yale Investment Advisors, LLC	50	$7.32K	0.00%
Legacy Investment Solutions, LLC	49	$7.17K	0.00%
Global Retirement Partners, LLC	40	$5.86K	0.00%
Kilter Group LLC	9	$1.32K	0.00%
Tortoise Investment Management, LLC	5	$732	0.00%
Stephens Consulting, LLC	5	$732	0.00%
Murphy & Mullick Capital Management Corp	5	$693	0.00%
Fifth Third Bancorp	4	$586	0.00%
Quaker Wealth Management, LLC	4	$586	0.00%
UMA Financial Services, Inc.	3	$440	0.00%
Atticus Wealth Management, LLC	3	$440	0.00%
Whipplewood Advisors, LLC	3	$439	0.00%
Twin Peaks Wealth Advisors, LLC	2	$262	0.00%

Sold out (55)

Institutions that held Tradeweb Markets Inc. at the end of Q1 2025 and filed for Q2 2025 without it.

Institutions that sold out of TW in Q2 2025
Institution	Shares, Q1 2025	Value, Q1 2025
Stony Point Capital LLC	230,315	$34.2M
Adage Capital Partners GP, L.L.C.	175,000	$26.0M
Science & Technology Partners, L.P.	48,600	$7.22M
Worldquant Millennium Advisors LLC	43,623	$6.48M
Fred Alger Management, LLC	27,602	$4.10M
Jane Street Group, LLC	26,493	$3.93M
Oribel Capital Management, LP	25,300	$3.76M
Element Capital Management LLC	18,760	$2.79M
Susquehanna Fundamental Investments, LLC	16,491	$2.45M
UBS Oconnor LLC	15,000	$2.23M
Squarepoint Ops LLC	14,812	$2.20M
AIA Group Ltd	14,200	$2.11M
Engineers Gate Manager LP	14,083	$2.09M
Goodman Advisory Group, LLC	13,894	$2.06M
Illinois Municipal Retirement Fund	13,425	$1.99M
Balyasny Asset Management LLC	12,082	$1.79M
E Fund Management Co., Ltd.	9,633	$1.43M
Jefferies Financial Group Inc.	7,533	$1.12M
Northwest & Ethical Investments L.P.	6,895	$1.02M
Alberta Investment Management Corp	5,902	$876.2K
Legacy Advisors, LLC	5,354	$794.9K
Yorktown Management & Research Co Inc	4,850	$720.0K
Boothbay Fund Management, LLC	4,700	$697.8K
Alaska Permanent Fund Corp	4,964	$686.5K
AMJ Financial Wealth Management	4,160	$617.6K
Allstate Corp	4,137	$614.2K
Group One Trading, L.P.	3,157	$468.7K
Stegent Equity Advisors, Inc.	2,806	$416.6K
Retireful, LLC	2,699	$396.1K
Teza Capital Management LLC	2,068	$307.0K
Waterloo Capital, L.P.	1,980	$293.9K
Headlands Technologies LLC	1,877	$278.7K
JT Stratford LLC	1,841	$273.3K
Portfolio Design Labs, LLC	1,779	$264.1K
Mindset Wealth Management, LLC	1,561	$231.7K
Baader Bank INC	1,550	$230.1K
Ascent Group, LLC	1,447	$214.8K
Meeder Advisory Services, Inc.	1,366	$202.7K
Corebridge Financial, Inc.	1,287	$191.1K
Natixis	994	$147.5K
Quadrant Capital Group LLC	815	$121.0K
E Fund Management (Hong Kong) Co., Ltd.	733	$109.0K
V-Square Quantitative Management LLC	515	$76.5K
Avion Wealth	347	$45.0K
USA Financial Portformulas Corp	224	$33.3K
Riverview Trust Co	221	$32.8K
Plante Moran Financial Advisors, LLC	200	$29.7K
Mather Group, LLC.	50	$7.42K
Saudi Central Bank	46	$6.83K
Hexagon Capital Partners LLC	33	$4.90K
Flaharty Asset Management, LLC	29	$4.30K
Global Financial Private Client, LLC	11	$1.63K
First Command Advisory Services, Inc.	8	$1.19K
Quent Capital, LLC	4	$594
Highline Wealth Partners LLC	1	$148

Not filed for Q2 2025 yet (6)

Institutions that held Tradeweb Markets Inc. at the end of Q1 2025 and haven't filed a 13F for Q2 2025. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding TW in Q1 2025 that haven't filed for Q2 2025
Institution	Shares, Q1 2025	Value, Q1 2025
Credit Agricole S A	158,702	$23.6M
Square Wave Partners, L.P.	106,274	$15.8M
Sheaff Brock Investment Advisors, LLC	18,087	$2.69M
Rakuten Investment Management, Inc.	3,207	$470.7K
Orion Portfolio Solutions, LLC	2,818	$418.4K
Lindbrook Capital, LLC	400	$59.4K