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, Q3 2025
Institutional positions in Tradeweb Markets Inc. as of Sep 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
- 545
- −18 vs. Q2 2025
- Shares held
- 114.4M
- −1.21M (−1.0%) vs. Q2 2025
- Total value
- $12.7B
- −$4.20B (−24.9%) vs. Q2 2025
- New holders
- 92
- 179 more added
- Sold out
- 110
- 211 more reduced
9 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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.
| 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, Q3 2025
Shares, value and share of portfolio for each institution holding Tradeweb Markets Inc.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Price T Rowe Associates Inc | 12,885,216 | $1.43B | 0.15% | +4,353,608+51.0% | Added |
| Vanguard Group Inc | 12,643,012 | $1.40B | 0.02% | +784,917+6.6% | Added |
| Wellington Management Group LLP | 8,971,666 | $995.7M | 0.17% | +2,108,048+30.7% | Added |
| BlackRock, Inc. | 7,894,128 | $876.1M | 0.02% | −516,540−6.1% | Reduced |
| Franklin Resources Inc | 3,609,468 | $400.6M | 0.10% | −233,058−6.1% | Reduced |
| State Street Corp | 2,679,560 | $297.4M | 0.01% | +55,734+2.1% | Added |
| JPMorgan Chase & Co | 2,449,101 | $271.8M | 0.02% | −148,996−5.7% | Reduced |
| T. Rowe Price Investment Management, Inc. | 2,278,274 | $252.8M | 0.15% | −190,420−7.7% | Reduced |
| Capital World Investors | 2,045,347 | $227.0M | 0.03% | −652,993−24.2% | Reduced |
| Geode Capital Management, LLC | 2,003,331 | $221.6M | 0.01% | −67,593−3.3% | Reduced |
| Grantham, Mayo, Van Otterloo & Co. LLC | 1,969,036 | $218.5M | 0.62% | +485,407+32.7% | Added |
| Cantillon Capital Management LLC | 1,934,322 | $214.7M | 1.18% | +804,413+71.2% | Added |
| American Century Companies Inc | 1,795,090 | $199.2M | 0.10% | +20,478+1.2% | Added |
| Renaissance Technologies LLC | 1,644,820 | $182.5M | 0.24% | −103,400−5.9% | Reduced |
| Bessemer Group Inc | 1,618,505 | $179.6M | 0.27% | −5,079−0.3% | Reduced |
| Morgan Stanley | 1,617,120 | $179.5M | 0.01% | −387,545−19.3% | Reduced |
| FMR LLC | 1,606,467 | $178.3M | 0.01% | +175,155+12.2% | Added |
| Ninety One UK Ltd | 1,604,995 | $178.1M | 0.38% | +375,495+30.5% | Added |
| TD Asset Management Inc | 1,573,688 | $174.6M | 0.14% | −704,252−30.9% | Reduced |
| Nordea Investment Management AB | 1,487,005 | $163.9M | 0.14% | +9,551+0.6% | Added |
| Voya Investment Management LLC | 1,399,576 | $154.9M | 0.15% | +115,020+9.0% | Added |
| Harding Loevner LP | 1,303,676 | $144.7M | 1.06% | −479,140−26.9% | Reduced |
| Carmignac Gestion | 1,259,800 | $139.8M | 2.08% | +686,900+119.9% | Added |
| CCLA Investment Management Ltd | 1,148,617 | $127.4M | 2.04% | +36,522+3.3% | Added |
| Champlain Investment Partners, LLC | 970,500 | $107.7M | 0.81% | +180,995+22.9% | Added |
| Qube Research & Technologies Ltd | 938,309 | $104.1M | 0.15% | +609,825+185.6% | Added |
| Charles Schwab Investment Management Inc | 914,028 | $101.4M | 0.02% | +26,996+3.0% | Added |
| Fiera Capital Corp | 883,998 | $98.1M | 0.32% | −104,552−10.6% | Reduced |
| Invesco Ltd. | 855,057 | $94.9M | 0.01% | −774,837−47.5% | Reduced |
| Thrivent Financial for Lutherans | 734,702 | $81.5M | 0.16% | −262,644−26.3% | Reduced |
| Goldman Sachs Group Inc | 706,900 | $78.5M | 0.01% | +548,770+347.0% | Added |
| Bank of America Corp | 684,240 | $75.9M | 0.01% | −282,539−29.2% | Reduced |
| Northern Trust Corp | 665,237 | $73.8M | 0.01% | −16,489−2.4% | Reduced |
| UBS Asset Management Americas Inc | 604,397 | $67.1M | 0.01% | −132,969−18.0% | Reduced |
| Handelsbanken Fonder AB | 592,213 | $65.7M | 0.21% | −547,287−48.0% | Reduced |
| D. E. Shaw & Co., Inc. | 589,848 | $65.5M | 0.05% | +381,961+183.7% | Added |
| Nomura Asset Management Co Ltd | 569,838 | $63.2M | 0.17% | −140,103−19.7% | Reduced |
| Capital International Investors | 563,493 | $62.5M | 0.01% | +3,465+0.6% | Added |
| Primecap Management Co | 547,012 | $60.7M | 0.05% | −956,300−63.6% | Reduced |
| Two Sigma Investments, LP | 504,000 | $55.9M | 0.09% | +382,943+316.3% | Added |
| Stephens Investment Management Group LLC | 489,431 | $54.3M | 0.70% | −187,977−27.7% | Reduced |
| Neuberger Berman Group LLC | 487,701 | $54.1M | 0.04% | −261,105−34.9% | Reduced |
| AQR Capital Management LLC | 478,957 | $53.2M | 0.03% | +122,902+34.5% | Added |
| Mawer Investment Management Ltd. | 468,596 | $52.0M | 0.27% | −9,553−2.0% | Reduced |
| Kensico Capital Management Corp | 462,000 | $51.3M | 0.79% | +241,900+109.9% | Added |
| UBS Group AG | 456,571 | $50.7M | 0.01% | −242,859−34.7% | Reduced |
| Victory Capital Management Inc | 448,675 | $49.8M | 0.03% | −180,528−28.7% | Reduced |
| Millennium Management LLC | 439,100 | $48.7M | 0.04% | +379,473+636.4% | Added |
| HMI Capital Management, L.P. | 438,500 | $48.7M | 2.81% | +438,500 | New |
| Colony Group, LLC | 428,520 | $47.6M | 0.08% | +16,939+4.1% | Added |
| Dimensional Fund Advisors LP | 425,050 | $47.2M | 0.01% | +62,951+17.4% | Added |
| FIL Ltd | 419,727 | $46.6M | 0.04% | +113,925+37.3% | Added |
| Square Wave Capital, LLC | 417,863 | $46.4M | 16.97% | +310,993+291.0% | Added |
| Squarepoint Ops LLC | 409,153 | $45.4M | 0.10% | +409,153 | New |
| Bamco Inc | 392,110 | $43.5M | 0.12% | −1,767−0.4% | Reduced |
| Bank of New York Mellon Corp | 391,850 | $43.5M | 0.01% | −134,583−25.6% | Reduced |
| Jane Street Group, LLC | 390,229 | $43.3M | 0.05% | +390,229 | New |
| CIBC Private Wealth Group, LLC | 387,017 | $43.0M | 0.07% | −8,902−2.2% | Reduced |
| California Public Employees Retirement System | 376,379 | $41.8M | 0.03% | −57,405−13.2% | Reduced |
| STRS Ohio | 343,988 | $38.2M | 0.14% | −273,333−44.3% | Reduced |
| Caisse de Depot Et Placement du Quebec | 339,491 | $37.7M | 0.07% | −26,432−7.2% | Reduced |
| Fisher Funds Management LTD | 331,279 | $36.8M | 0.97% | +155,922+88.9% | Added |
| Legal & General Group Plc | 292,592 | $32.5M | 0.01% | −5,498−1.8% | Reduced |
| AustralianSuper Pty Ltd | 275,856 | $30.6M | 0.14% | −214,902−43.8% | Reduced |
| American Capital Management Inc | 266,006 | $29.5M | 1.18% | −23,813−8.2% | Reduced |
| Royal Bank of Canada | 256,057 | $28.4M | 0.01% | +16,381+6.8% | Added |
| Andra AP-fonden | 251,500 | $27.9M | 0.36% | +118,900+89.7% | Added |
| Sone Capital Management, LLC | 247,481 | $27.5M | 2.30% | +175,280+242.8% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 240,617 | $26.7M | 0.02% | +3,956+1.7% | Added |
| Tudor Investment Corp Et Al | 239,890 | $26.6M | 0.17% | +239,890 | New |
| Renaissance Group LLC | 237,324 | $26.3M | 0.99% | +19,873+9.1% | Added |
| Praesidium Investment Management Company, LLC | 224,691 | $24.9M | 4.86% | −9,351−4.0% | Reduced |
| Deutsche Bank AG | 214,060 | $23.8M | 0.01% | +15,794+8.0% | Added |
| Nuveen, LLC | 207,126 | $23.0M | 0.01% | −52,272−20.2% | Reduced |
| Altshuler Shaham Ltd | 205,000 | $22.8M | 0.38% | +205,000 | New |
| Amundi | 211,088 | $21.9M | 0.01% | +38,618+22.4% | Added |
| Engineers Gate Manager LP | 194,441 | $21.6M | 0.25% | +194,441 | New |
| California State Teachers Retirement System | 191,503 | $21.3M | 0.02% | +3,164+1.7% | Added |
| Cubist Systematic Strategies, LLC | 183,940 | $20.4M | 0.29% | +183,940 | New |
| Robeco Institutional Asset Management B.V. | 172,067 | $19.1M | 0.03% | +21,576+14.3% | Added |
| SEI Investments Co | 171,554 | $19.0M | 0.02% | −121,459−41.5% | Reduced |
| Canada Pension Plan Investment Board | 170,906 | $19.0M | 0.01% | +6,400+3.9% | Added |
| Carnegie Capital Asset Management, LLC | 166,505 | $18.5M | 0.35% | +2,472+1.5% | Added |
| Norinchukin Bank, The | 158,497 | $17.6M | 0.24% | +69,415+77.9% | Added |
| Credit Agricole S A | 158,369 | $17.6M | 0.06% | +158,369 | New |
| Allianz Asset Management GmbH | 158,033 | $17.5M | 0.02% | +609+0.4% | Added |
| Twinbeech Capital LP | 155,839 | $17.3M | 0.68% | +155,839 | New |
| Aquatic Capital Management LLC | 155,205 | $17.2M | 0.32% | +137,292+766.4% | Added |
| First Trust Advisors LP | 154,757 | $17.2M | 0.01% | −146,718−48.7% | Reduced |
| New York State Common Retirement Fund | 154,084 | $17.1M | 0.02% | +34,585+28.9% | Added |
| Wilson Asset Management (International) Pty Ltd | 148,081 | $16.4M | 4.07% | +4,502+3.1% | Added |
| Los Angeles Capital Management LLC | 147,908 | $16.4M | 0.06% | −189,987−56.2% | Reduced |
| Blair William & Co | 146,902 | $16.3M | 0.04% | +10,365+7.6% | Added |
| Ameriprise Financial Inc | 146,172 | $16.2M | 0.00% | −17,359−10.6% | Reduced |
| Vinva Investment Management Ltd | 145,329 | $16.2M | 0.33% | +20,241+16.2% | Added |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 144,165 | $16.0M | 0.13% | +32,408+29.0% | Added |
| Public Employees Retirement Association of Colorado | 138,084 | $15.3M | 0.06% | −37,300−21.3% | Reduced |
| Rhumbline Advisers | 138,072 | $15.3M | 0.01% | +3,450+2.6% | Added |
| Susquehanna International Group, LLP | 133,408 | $14.8M | 0.02% | +38,000+39.8% | Added |
| Voloridge Investment Management, LLC | 126,855 | $14.1M | 0.05% | +126,855 | New |