Skip to main content

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
Praesidium Investment Management Company, LLC234,042$34.3M6.04%+30,000+14.7%Added
Sumitomo Mitsui Trust Holdings, Inc.236,661$34.6M0.02%+4,498+1.9%Added
Royal Bank of Canada239,676$35.1M0.01%+118,269+97.4%Added
Nuveen, LLC259,398$38.0M0.01%−51,554−16.6%Reduced
American Capital Management Inc289,819$42.4M1.76%−24,305−7.7%Reduced
SEI Investments Co293,013$42.9M0.05%−48,619−14.2%Reduced
Legal & General Group Plc298,090$43.6M0.01%−6,838−2.2%Reduced
First Trust Advisors LP301,475$44.1M0.04%+12,821+4.4%Added
FIL Ltd305,802$44.8M0.04%−28,351−8.5%Reduced
Qube Research & Technologies Ltd328,484$48.1M0.07%−86,769−20.9%Reduced
Los Angeles Capital Management LLC337,895$49.5M0.19%+42,919+14.5%Added
Teacher Retirement System of Texas344,973$50.5M0.21%−90,117−20.7%Reduced
AQR Capital Management LLC356,055$52.1M0.04%+260,268+271.7%Added
Dimensional Fund Advisors LP362,099$53.0M0.01%+12,767+3.7%Added
Caisse de Depot Et Placement du Quebec365,923$53.6M0.11%−98,711−21.2%Reduced
Bamco Inc393,877$57.7M0.16%+2,641+0.7%Added
Perpetual Ltd394,969$57.8M0.68%+394,969New
CIBC Private Wealth Group, LLC395,919$58.0M0.10%−95,773−19.5%Reduced
Colony Group, LLC411,581$60.3M0.13%−57,005−12.2%Reduced
Vaughan Nelson Investment Management, L.P.422,871$61.9M0.58%−104,504−19.8%Reduced
California Public Employees Retirement System433,784$63.5M0.04%−88,038−16.9%Reduced
Westfield Capital Management Co LP447,615$65.5M0.27%−182,417−29.0%Reduced
Mawer Investment Management Ltd.478,149$70.0M0.35%−54,103−10.2%Reduced
AustralianSuper Pty Ltd490,758$71.8M0.36%−67,765−12.1%Reduced
Ownership Capital B.V.518,911$76.0M4.42%−164,740−24.1%Reduced
Bank of New York Mellon Corp526,433$77.1M0.01%−28,433−5.1%Reduced
Capital International Investors560,028$82.0M0.01%+4,264+0.8%Added
Carmignac Gestion572,900$83.9M1.29%+241,900+73.1%Added
STRS Ohio617,321$90.4M0.34%+25,821+4.4%Added
Victory Capital Management Inc629,203$92.1M0.06%+226,325+56.2%Added
Stephens Investment Management Group LLC677,408$99.2M1.31%−44,515−6.2%Reduced
Northern Trust Corp681,726$99.8M0.01%−14,596−2.1%Reduced
UBS Group AG699,430$102.4M0.02%−87,302−11.1%Reduced
Nomura Asset Management Co Ltd709,941$103.9M0.29%−66,911−8.6%Reduced
UBS Asset Management Americas Inc737,366$108.0M0.02%+112,791+18.1%Added
Neuberger Berman Group LLC748,806$109.6M0.08%−220,710−22.8%Reduced
Champlain Investment Partners, LLC789,505$115.6M0.81%−34,155−4.1%Reduced
Charles Schwab Investment Management Inc887,032$129.9M0.02%+12,184+1.4%Added
Bank of America Corp966,779$141.5M0.01%+169,256+21.2%Added
Fiera Capital Corp988,550$144.7M0.49%−20,110−2.0%Reduced
Thrivent Financial for Lutherans997,346$146.0M0.32%−95,023−8.7%Reduced
CCLA Investment Management Ltd1,112,095$162.8M2.67%+68,716+6.6%Added
Cantillon Capital Management LLC1,129,909$165.4M0.96%−33,291−2.9%Reduced
Handelsbanken Fonder AB1,139,500$166.8M0.59%−94,900−7.7%Reduced
Artisan Partners Limited Partnership1,188,792$174.0M0.26%−643,147−35.1%Reduced
Ninety One UK Ltd1,229,500$180.0M0.42%+1,061,228+630.7%Added
Voya Investment Management LLC1,284,556$187.3M0.19%−185,607−12.6%Reduced
Massachusetts Financial Services Co1,301,903$190.6M0.06%+147,314+12.8%Added
Norges Bank1,392,461$203.9M0.03%−184,758−11.7%Reduced
FMR LLC1,431,312$209.5M0.01%−223,265−13.5%Reduced
Nordea Investment Management AB1,477,454$212.1M0.20%+376,165+34.2%Added
Grantham, Mayo, Van Otterloo & Co. LLC1,483,629$217.2M0.66%+1,483,629New
Allspring Global Investments Holdings, LLC1,578,624$217.6M0.36%−333,231−17.4%Reduced
Primecap Management Co1,503,312$220.1M0.17%−23,578−1.5%Reduced
Bessemer Group Inc1,623,584$237.7M0.39%−140,194−7.9%Reduced
Invesco Ltd.1,629,894$238.6M0.04%+234,438+16.8%Added
Renaissance Technologies LLC1,748,220$255.9M0.34%−59,600−3.3%Reduced
American Century Companies Inc1,774,612$259.8M0.14%+8,714+0.5%Added
Harding Loevner LP1,782,816$261.0M1.76%+531,715+42.5%Added
Axiom Investors LLC1,893,905$277.3M2.27%−48,670−2.5%Reduced
Morgan Stanley2,004,665$293.5M0.02%+73,329+3.8%Added
Geode Capital Management, LLC2,070,924$302.2M0.02%+3,531+0.2%Added
TD Asset Management Inc2,277,940$333.5M0.28%+1,541,770+209.4%Added
T. Rowe Price Investment Management, Inc.2,468,694$361.4M0.23%−1,470−0.1%Reduced
JPMorgan Chase & Co2,598,097$380.4M0.03%−628,912−19.5%Reduced
State Street Corp2,623,826$384.1M0.01%+61,611+2.4%Added
Capital World Investors2,698,340$395.0M0.06%+399,737+17.4%Added
Franklin Resources Inc3,842,526$562.5M0.15%−41,191−1.1%Reduced
Wellington Management Group LLP6,863,618$1.00B0.18%−2,516,503−26.8%Reduced
BlackRock, Inc.8,410,668$1.23B0.02%−268,678−3.1%Reduced
Price T Rowe Associates Inc8,531,608$1.25B0.14%+1,650,254+24.0%Added
Vanguard Group Inc11,858,095$1.74B0.03%+90,577+0.8%Added
Stony Point Capital LLC0$00.00%−230,315−100.0%Sold out
Adage Capital Partners GP, L.L.C.0$00.00%−175,000−100.0%Sold out
Science & Technology Partners, L.P.0$00.00%−48,600−100.0%Sold out
Worldquant Millennium Advisors LLC0$00.00%−43,623−100.0%Sold out
Fred Alger Management, LLC0$00.00%−27,602−100.0%Sold out
Jane Street Group, LLC0$00.00%−26,493−100.0%Sold out
Oribel Capital Management, LP0$00.00%−25,300−100.0%Sold out
Element Capital Management LLC0$00.00%−18,760−100.0%Sold out
Susquehanna Fundamental Investments, LLC0$00.00%−16,491−100.0%Sold out
UBS Oconnor LLC0$00.00%−15,000−100.0%Sold out
Squarepoint Ops LLC0$00.00%−14,812−100.0%Sold out
AIA Group Ltd0$00.00%−14,200−100.0%Sold out
Engineers Gate Manager LP0$00.00%−14,083−100.0%Sold out
Goodman Advisory Group, LLC0$00.00%−13,894−100.0%Sold out
Illinois Municipal Retirement Fund0$00.00%−13,425−100.0%Sold out
Balyasny Asset Management LLC0$00.00%−12,082−100.0%Sold out
E Fund Management Co., Ltd.0$00.00%−9,633−100.0%Sold out
Jefferies Financial Group Inc.0$00.00%−7,533−100.0%Sold out
Northwest & Ethical Investments L.P.0$00.00%−6,895−100.0%Sold out
Alberta Investment Management Corp0$00.00%−5,902−100.0%Sold out
Legacy Advisors, LLC0$00.00%−5,354−100.0%Sold out
Yorktown Management & Research Co Inc0$00.00%−4,850−100.0%Sold out
Boothbay Fund Management, LLC0$00.00%−4,700−100.0%Sold out
Alaska Permanent Fund Corp0$00.00%−4,964−100.0%Sold out
AMJ Financial Wealth Management0$00.00%−4,160−100.0%Sold out
Allstate Corp0$00.00%−4,137−100.0%Sold out
Group One Trading, L.P.0$00.00%−3,157−100.0%Sold out
Stegent Equity Advisors, Inc.0$00.00%−2,806−100.0%Sold out