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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
Captrust Financial Advisors9,810$1.44M0.00%+2,307+30.7%Added
Achmea Investment Management B.V.9,959$1.46M0.02%00.0%Unchanged
Harvest Investment Services, LLC10,007$1.47M0.33%+10,007New
Bridges Investment Management Inc10,060$1.47M0.02%+1,342+15.4%Added
Dark Forest Capital Management LP10,135$1.48M0.06%+3,667+56.7%Added
Virtus Investment Advisers, Inc.10,245$1.50M0.51%−777−7.0%Reduced
Banque Pictet & Cie SA10,368$1.52M0.02%−2,203−17.5%Reduced
Catalyst Funds Management Pty Ltd10,400$1.52M0.42%+10,400New
Atria Investments LLC10,488$1.54M0.02%+3,747+55.6%Added
Cetera Investment Advisers10,778$1.58M0.00%+286+2.7%Added
Eventide Asset Management, LLC10,889$1.59M0.03%−5,730−34.5%Reduced
Mediolanum International Funds Ltd11,045$1.60M0.02%+1,175+11.9%Added
Harbour Capital Advisors, LLC11,734$1.63M0.34%+3,160+36.9%Added
Mariner, LLC11,360$1.66M0.00%+3,380+42.4%Added
Quadrature Capital Ltd11,470$1.68M0.03%+5,647+97.0%Added
Hunting Hill Global Capital, LLC11,600$1.70M0.92%+2,085+21.9%Added
Candriam Luxembourg S.C.A.11,707$1.71M0.01%−2,959−20.2%Reduced
NewEdge Wealth, LLC12,513$1.73M0.03%+10,491+518.8%Added
Schonfeld Strategic Advisors LLC11,938$1.75M0.01%+1,316+12.4%Added
Standard Life Aberdeen plc11,974$1.75M0.00%−1,178−9.0%Reduced
JustInvest LLC12,126$1.78M0.02%−504−4.0%Reduced
Stifel Financial Corp12,385$1.81M0.00%−3,642−22.7%Reduced
1832 Asset Management L.P.12,561$1.84M0.00%+12,561New
HWG Holdings LP12,938$1.89M0.55%−739−5.4%Reduced
Swedbank AB12,950$1.90M0.00%+12,950New
US Bancorp13,095$1.92M0.00%−2,813−17.7%Reduced
Xponance, Inc.13,433$1.97M0.02%−2,580−16.1%Reduced
Generali Asset Management SPA SGR13,660$2.00M0.05%+13,660New
EP Wealth Advisors, LLC13,716$2.01M0.01%+13,716New
Landscape Capital Management, L.L.C.13,970$2.05M0.16%+13,970New
Pathstone Holdings, LLC14,113$2.07M0.01%+295+2.1%Added
Bank of Montreal14,391$2.11M0.00%−643−4.3%Reduced
Rational Advisors LLC14,600$2.14M0.21%−11,600−44.3%Reduced
HRT Financial LP14,634$2.14M0.01%+14,634New
Ieq Capital, LLC14,662$2.15M0.01%+14,662New
Linden Thomas Advisory Services, LLC14,788$2.16M0.24%−93−0.6%Reduced
Nissay Asset Management Corp14,795$2.17M0.01%+373+2.6%Added
Cim, LLC14,829$2.17M0.29%+14,829New
Torray LLC14,956$2.19M0.32%−3,599−19.4%Reduced
Roberts Wealth Advisors, LLC15,023$2.20M0.63%+131+0.9%Added
Meiji Yasuda Life Insurance Co15,281$2.24M0.07%00.0%Unchanged
Element Squared LLC15,335$2.24M1.40%+15,335New
Allworth Financial LP15,553$2.28M0.01%+15,231+4,730.1%Added
AXA S.A.15,573$2.28M0.01%+98+0.6%Added
Taylor Frigon Capital Management LLC15,734$2.30M1.22%−5,103−24.5%Reduced
Storebrand Asset Management AS15,768$2.31M0.01%+3,528+28.8%Added
Janus Henderson Group PLC15,938$2.33M0.00%+892+5.9%Added
Omers Administration Corp16,461$2.41M0.02%−65,199−79.8%Reduced
EFG Asset Management (Americas) Corp.16,902$2.47M0.46%−763−4.3%Reduced
Illumine Investment Management, LLC17,075$2.50M1.99%+83+0.5%Added
Raiffeisen Bank International AG17,400$2.51M0.04%+8,934+105.5%Added
Ethic Inc.17,750$2.57M0.05%−1,396−7.3%Reduced
Police & Firemen's Retirement System of New Jersey17,723$2.59M0.02%+773+4.6%Added
Aquatic Capital Management LLC17,913$2.62M0.05%+17,913New
DekaBank Deutsche Girozentrale18,226$2.63M0.00%+25+0.1%Added
Connor, Clark & Lunn Investment Management Ltd.17,991$2.63M0.01%+4,502+33.4%Added
British Columbia Investment Management Corp18,316$2.68M0.02%−3,910−17.6%Reduced
Tredje AP-fonden18,745$2.74M0.02%+1,609+9.4%Added
Mirae Asset Global Investments Co., Ltd.19,104$2.80M0.01%−3,357−14.9%Reduced
Quantinno Capital Management LP19,139$2.80M0.01%+8,560+80.9%Added
Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna19,340$2.83M1.14%+12,975+203.8%Added
Elo Mutual Pension Insurance Co19,727$2.89M0.06%+9,009+84.1%Added
DnB Asset Management AS20,705$3.03M0.01%+627+3.1%Added
EFG Asset Management (North America) Corp.20,840$3.05M0.43%−955−4.4%Reduced
Pier 88 Investment Partners LLC21,675$3.17M0.59%−10,940−33.5%Reduced
Synovus Financial Corp21,714$3.18M0.04%−1,426−6.2%Reduced
George Kaiser Family Foundation21,848$3.20M0.46%+3,057+16.3%Added
Knollwood Investment Advisory, LLC21,860$3.20M0.31%00.0%Unchanged
IFM Investors Pty Ltd22,172$3.25M0.03%+423+1.9%Added
Forsta Ap-Fonden22,300$3.26M0.02%+1,400+6.7%Added
Mn Services Vermogensbeheer B.V.22,300$3.27M0.02%+1,900+9.3%Added
Richard Bernstein Advisors LLC22,827$3.34M0.08%−2,666−10.5%Reduced
Nutshell Asset Management Ltd23,655$3.46M2.06%+6,655+39.1%Added
Assenagon Asset Management S.A.23,696$3.47M0.01%+23,696New
Cumberland Partners Ltd23,781$3.48M0.24%+7,281+44.1%Added
Umb Bank N A23,833$3.49M0.05%+23,831+1,191,550.0%Added
Ci Investments Inc.24,145$3.54M0.01%+22,523+1,388.6%Added
Sumitomo Life Insurance Co24,168$3.54M0.24%−679−2.7%Reduced
Toronto Dominion Bank24,314$3.56M0.01%+4,120+20.4%Added
Capital Group Private Client Services, Inc.24,445$3.58M0.03%−20.0%Reduced
Ostrum Asset Management25,583$3.75M0.18%−5,879−18.7%Reduced
D L Carlson Investment Group Inc26,507$3.88M0.71%+2,900+12.3%Added
Federated Hermes, Inc.26,521$3.88M0.01%+1,657+6.7%Added
Ninety One SA (PTY) Ltd26,811$3.92M0.64%+26,811New
Skandinaviska Enskilda Banken AB (publ)27,687$4.05M0.02%+3,900+16.4%Added
Hennion & Walsh Asset Management, Inc.28,915$4.23M0.17%−688−2.3%Reduced
La Banque Postale Asset Management SA29,129$4.26M0.06%+29,129New
Thornburg Investment Management Inc29,447$4.31M0.06%−2,782−8.6%Reduced
Clear Harbor Asset Management, LLC31,038$4.54M0.34%−211−0.7%Reduced
Gunderson Capital Management Inc.31,228$4.57M1.91%−39−0.1%Reduced
Grandeur Peak Global Advisors, LLC32,457$4.75M0.57%+743+2.3%Added
Vident Advisory, LLC33,054$4.84M0.05%+4,159+14.4%Added
HSBC Holdings PLC33,934$4.94M0.00%+5,025+17.4%Added
Arizona State Retirement System34,005$4.98M0.03%+434+1.3%Added
Pinebridge Investments, L.P.34,574$5.06M0.04%−6,071−14.9%Reduced
OP Asset Management Ltd34,843$5.10M0.08%+839+2.5%Added
Investment Management Corp of Ontario35,718$5.23M0.08%−500−1.4%Reduced
Alamar Capital Management, LLC36,167$5.29M2.87%−1,139−3.1%Reduced
Lansforsakringar Fondforvaltning AB (publ)36,752$5.38M0.03%−913−2.4%Reduced
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund37,294$5.46M0.05%+5,600+17.7%Added