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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, Q2 2025

Institutional positions in Tradeweb Markets Inc. as of Jun 30, 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
572
+28 vs. Q1 2025
Shares held
117.0M
+693.1K (+0.6%) vs. Q1 2025
Total value
$17.1B
−$143.1M (−0.8%) vs. Q1 2025
New holders
83
203 more added
Sold out
55
218 more reduced

6 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 572 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 heldQ2 2025: $17.1B
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, Q2 2025

Shares, value and share of portfolio for each institution holding Tradeweb Markets Inc.; share changes are against Q1 2025.

Institutions holding TW in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Penserra Capital Management LLC639$93.0K0.00%−9,252−93.5%Reduced
Loomis Sayles & Co L P672$98.4K0.00%−242−26.5%Reduced
SG Americas Securities, LLC702$103.0K0.00%−19,679−96.6%Reduced
Ameritas Advisory Services, LLC775$113.5K0.01%+775New
Loring Wolcott & Coolidge Fiduciary Advisors LLP810$118.6K0.00%−1,200−59.7%Reduced
National Bank of Canada812$118.9K0.00%+215+36.0%Added
Northwestern Mutual Wealth Management Co816$119.5K0.00%−39,660−98.0%Reduced
GAMMA Investing LLC873$127.8K0.01%+58+7.1%Added
Employees Retirement System of Texas914$134.0K0.00%+914New
Livforsakringsbolaget Skandia, Omsesidigt951$139.2K0.01%00.0%Unchanged
Ronald Blue Trust, Inc.1,046$153.1K0.00%+272+35.1%Added
EverSource Wealth Advisors, LLC1,100$161.0K0.01%+763+226.4%Added
Globeflex Capital L P1,168$171.0K0.01%00.0%Unchanged
Financiere des Professionnels - Fonds d,investissement inc.1,229$179.9K0.01%+1,229New
Quest Partners LLC1,250$183.0K0.02%−2,049−62.1%Reduced
Parallel Advisors, LLC1,324$193.9K0.00%−13−1.0%Reduced
Mirae Asset Global ETFs Holdings Ltd.1,330$194.1K0.00%−5,825−81.4%Reduced
Ritholtz Wealth Management1,378$201.8K0.00%−660−32.4%Reduced
Ground Swell Capital, LLC1,404$205.5K0.34%+1,404New
U.S. Capital Wealth Advisors, LLC1,405$205.7K0.01%+5+0.4%Added
Oak Ridge Investments LLC1,418$207.6K0.01%+1,418New
Laurion Capital Management LP1,430$209.4K0.02%+1,430New
MQS Management LLC1,439$210.7K0.12%+1,439New
Farther Finance Advisors, LLC1,452$212.6K0.00%+1,275+720.3%Added
SageView Advisory Group, LLC1,581$217.9K0.01%−246−13.5%Reduced
Whittier Trust Co1,491$218.3K0.00%−16−1.1%Reduced
Core Wealth Management, Inc.1,500$219.6K0.08%00.0%Unchanged
Benjamin Edwards Inc1,501$219.8K0.00%+1,501New
Essential Partners LLC1,504$220.2K0.09%+1,504New
IFP Advisors, Inc1,522$222.9K0.01%+612+67.3%Added
Yousif Capital Management, LLC1,523$223.0K0.00%−49−3.1%Reduced
Argent Trust Co1,540$225.5K0.01%+1,540New
Coldstream Capital Management Inc1,541$225.6K0.00%−302−16.4%Reduced
Brighton Jones LLC1,571$230.0K0.01%+1,571New
Acadian Asset Management LLC1,597$233.0K0.00%+1,597New
First Citizens Bank & Trust Co1,594$233.4K0.00%−567−26.2%Reduced
Covestor Ltd1,597$234.0K0.14%−323−16.8%Reduced
Bellecapital International Ltd.1,614$236.3K0.04%00.0%Unchanged
Prudential PLC1,618$236.9K0.00%00.0%Unchanged
Sapient Capital LLC1,635$239.4K0.00%00.0%Unchanged
Buckingham Strategic Partners1,644$240.5K0.00%+1,644New
State of Wyoming1,668$244.2K0.03%+1,147+220.2%Added
Longboard Asset Management, LP1,733$253.7K0.63%00.0%Unchanged
Port Capital LLC1,750$256.0K0.01%−470−21.2%Reduced
West Family Investments, Inc.1,753$256.6K0.07%+1,753New
Erste Asset Management GmbH1,800$260.9K0.00%+1,800New
Advisory Services Network, LLC1,899$263.1K0.00%−8−0.4%Reduced
Quantessence Capital LLC1,813$265.4K0.08%+1,813New
The PNC Financial Services Group, Inc.1,848$270.6K0.00%−2,079−52.9%Reduced
Signaturefd, LLC1,850$270.9K0.00%−28−1.5%Reduced
Magnetar Financial LLC1,853$271.3K0.00%+1,853New
Avantax Advisory Services, Inc.1,881$275.4K0.00%+372+24.7%Added
National Pension Service1,885$276.0K0.00%+1,457+340.4%Added
Fulton Bank, N.A.1,895$277.4K0.01%+172+10.0%Added
Novare Capital Management LLC1,900$278.2K0.02%+1,900New
Merit Financial Group, LLC1,906$279.1K0.00%+1,906New
Brinker Capital Investments, LLC1,954$286.1K0.00%−864−30.7%Reduced
New York State Teachers Retirement System1,971$289.0K0.00%+1,971New
Resources Investment Advisors, LLC.1,989$291.2K0.00%+1,989New
UniSuper Management Pty Ltd2,000$292.8K0.00%−200−9.1%Reduced
Walleye Capital LLC2,009$294.1K0.00%+2,009New
First Commonwealth Financial Corp2,017$295.3K0.06%00.0%Unchanged
Kestra Private Wealth Services, LLC2,029$297.0K0.00%−3,125−60.6%Reduced
PUREfi Wealth, LLC2,054$300.7K0.24%+277+15.6%Added
Sompo Asset Management Co., Ltd.2,120$310.4K0.05%00.0%Unchanged
Siemens Fonds Invest GmbH2,128$311.5K0.02%+269+14.5%Added
Ontario Teachers Pension Plan Board2,136$312.7K0.01%+2,136New
Metis Global Partners, LLC2,198$321.8K0.01%−644−22.7%Reduced
Westerkirk Capital Inc.2,200$322.1K0.04%+2,200New
Pictet & Cie (Europe) SA2,210$323.5K0.01%00.0%Unchanged
Principal Securities, Inc.2,216$324.4K0.01%+1,366+160.7%Added
Atomi Financial Group, Inc.2,219$324.9K0.01%+182+8.9%Added
Nomura Holdings Inc2,222$325.3K0.00%+582+35.5%Added
Arete Wealth Advisors, LLC2,245$329.0K0.02%+2,245New
Envestnet Portfolio Solutions, Inc.2,248$329.1K0.00%−158−6.6%Reduced
Forza Wealth Management, LLC2,268$332.0K0.14%00.0%Unchanged
Private Advisor Group, LLC2,288$334.9K0.00%+26+1.1%Added
Liberty One Investment Management, LLC2,386$349.3K0.04%−279−10.5%Reduced
MetLife Investment Management2,387$349.5K0.00%−1,694−41.5%Reduced
Marshall Wace, LLP2,400$351.4K0.00%−48,867−95.3%Reduced
Jump Financial, LLC2,409$352.7K0.00%+2,409New
NVWM, LLC2,444$357.8K0.09%+2,444New
Vestcor Inc2,457$360.0K0.01%−18−0.7%Reduced
Empowered Funds, LLC2,567$375.8K0.00%+245+10.6%Added
HB Wealth Management, LLC2,569$376.1K0.00%+938+57.5%Added
Pallas Capital Advisors LLC2,734$400.3K0.02%+2,734New
Quantbot Technologies LP2,753$403.0K0.01%+2,753New
Nelson, Van Denburg & Campbell Wealth Management Group, LLC2,847$416.8K0.01%−1,271−30.9%Reduced
Capital International Sarl2,863$419.1K0.01%00.0%Unchanged
Lifestyle Asset Management, Inc.2,863$419.1K0.20%+86+3.1%Added
Values First Advisors, Inc.2,872$420.4K0.23%+31+1.1%Added
B. Metzler seel. Sohn & Co. AG2,900$424.6K0.00%00.0%Unchanged
CIBC World Markets Inc.2,960$433.3K0.00%+399+15.6%Added
Stephens Inc2,966$434.2K0.01%−42−1.4%Reduced
Capstone Investment Advisors, LLC2,985$437.0K0.00%+2,985New
Amica Mutual Insurance Co3,000$439.0K0.04%00.0%Unchanged
Venture Visionary Partners LLC3,100$453.8K0.02%+300+10.7%Added
Kentucky Retirement Systems Insurance Trust Fund3,156$462.0K0.03%−219−6.5%Reduced
Exchange Traded Concepts, LLC3,311$484.7K0.01%+258+8.5%Added
Simplicity Wealth,LLC3,388$496.0K0.02%+3,388New