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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.

Q3 2025 vs. Q2 2025

How the institutions holding Tradeweb Markets Inc. changed between Q2 2025 and Q3 2025.

All holders in Q3 2025All holders in Q2 2025

13F holders of TW: Q2 2025 compared with Q3 2025
MeasureQ2 2025Of which not filed for Q3 2025Q3 2025Change
Holders5729545−18
Shares117.0M1.41M114.4M−1.21M (−1.0%)
Value$17.1B$207.0M$12.7B−$4.20B (−24.9%)

9 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so the changes leave them out.

New holders (92)

Institutions that held Tradeweb Markets Inc. at the end of Q3 2025 but not at the end of Q2 2025.

Institutions new to TW in Q3 2025
InstitutionSharesValue% of portfolio
HMI Capital Management, L.P.438,500$48.7M2.81%
Squarepoint Ops LLC409,153$45.4M0.10%
Jane Street Group, LLC390,229$43.3M0.05%
Tudor Investment Corp Et Al239,890$26.6M0.17%
Altshuler Shaham Ltd205,000$22.8M0.38%
Engineers Gate Manager LP194,441$21.6M0.25%
Cubist Systematic Strategies, LLC183,940$20.4M0.29%
Credit Agricole S A158,369$17.6M0.06%
Twinbeech Capital LP155,839$17.3M0.68%
Voloridge Investment Management, LLC126,855$14.1M0.05%
Capital Fund Management S.A.100,219$11.1M0.11%
Y-Intercept (Hong Kong) Ltd76,151$8.45M0.20%
Qsemble Capital Management, LP75,970$8.43M0.83%
Rakuten Investment Management, Inc.34,917$7.60M0.03%
Worldquant Millennium Advisors LLC47,530$5.27M0.02%
North Reef Capital Management LP41,200$4.57M0.21%
Natixis40,789$4.53M0.02%
Jain Global LLC33,839$3.76M0.05%
Campbell & CO Investment Adviser LLC30,667$3.40M0.26%
Perbak Capital Partners LLP29,678$3.29M0.58%
Edgestream Partners, L.P.28,976$3.22M0.09%
Point72 Hong Kong Ltd27,359$3.04M0.14%
Lecap Asset Management Ltd25,703$2.85M0.99%
Canada Post Corp Registered Pension Plan22,714$2.53M0.11%
Krilogy Financial LLC22,882$2.39M0.09%
Aigen Investment Management, LP21,283$2.36M0.37%
Headlands Technologies LLC20,306$2.25M0.18%
Voleon Capital Management LP18,164$2.02M0.05%
Virtu Financial LLC15,977$1.77M0.10%
Point72 (DIFC) Ltd15,906$1.77M0.12%
Simplex Trading, LLC15,524$1.72M0.04%
Dynamic Technology Lab Private Ltd14,422$1.60M0.27%
Sciencast Management LP13,326$1.48M0.28%
Bridgefront Capital, LLC12,823$1.42M0.42%
Evolutionary Tree Capital Management, LLC12,309$1.37M1.49%
Leonteq Securities AG11,569$1.28M0.07%
AXA Investment Managers S.A.10,883$1.21M0.00%
Oak Thistle LLC10,097$1.12M0.17%
FORA Capital, LLC9,083$1.01M0.18%
Sherbrooke Park Advisers LLC8,749$971.0K0.45%
Malaga Cove Capital, LLC8,297$920.8K0.33%
Machina Capital S.A.S.7,643$848.2K0.15%
Axq Capital, LP7,527$835.3K0.32%
Polymer Capital Management (US) LLC7,458$827.7K0.11%
Rockefeller Capital Management L.P.6,794$754.0K0.00%
Scientech Research LLC6,626$735.4K0.26%
Maridea Wealth Management LLC6,724$732.1K0.11%
Goodman Advisory Group, LLC6,027$668.9K0.17%
Quantitative Investment Management, LLC5,579$619.0K0.09%
Concentric Capital Strategies, LP5,259$583.6K0.03%
Trexquant Investment LP5,063$561.9K0.01%
Blueshift Asset Management, LLC4,430$491.6K0.15%
Fox Run Management, L.L.C.4,339$481.5K0.08%
EntryPoint Capital, LLC4,268$473.7K0.18%
CIBC Bancorp USA Inc.4,175$463.3K0.00%
Allstate Corp4,171$462.9K0.01%
R Squared Ltd3,927$435.8K0.19%
AIA Group Ltd3,628$402.6K0.01%
Beirne Wealth Consulting Services, LLC3,408$378.3K0.09%
Caxton Associates LLP3,222$357.6K0.01%
Traynor Capital Management, Inc.3,045$337.9K0.02%
Citizens Financial Group Inc2,434$270.1K0.00%
Numerai GP LLC2,242$248.8K0.04%
Prana Capital Management, LP2,207$244.9K0.01%
Point72 Europe (London) LLP2,137$237.2K0.01%
Qtron Investments LLC1,957$217.2K0.03%
Boothbay Fund Management, LLC1,888$209.5K0.01%
Aster Capital Management (DIFC) Ltd1,887$209.4K0.11%
Quadrant Capital Group LLC1,273$141.3K0.00%
Family Capital Trust Co1,158$128.5K0.04%
Walleye Trading LLC1,090$121.0K0.00%
Quarry LP757$84.0K0.02%
First Horizon Corp292$32.4K0.00%
Hazlett, Burt & Watson, Inc.200$22.0K0.01%
Root Financial Partners, LLC121$13.4K0.00%
Crewe Advisors LLC75$8.32K0.00%
Mather Group, LLC.50$5.55K0.00%
Grey Fox Wealth Advisors, LLC41$4.55K0.00%
Pathway Financial Advisers, LLC41$4.45K0.00%
JPL Wealth Management, LLC35$3.88K0.00%
Quent Capital, LLC28$3.11K0.00%
Transamerica Financial Advisors, Inc.24$2.55K0.00%
Marquette Asset Management, LLC22$2.44K0.00%
Cloud Capital Management, LLC19$2.00K0.00%
Glen Eagle Advisors, LLC15$1.67K0.00%
Wealthspire Advisors, LLC14$1.55K0.00%
Johnson Financial Group, Inc.13$1.44K0.00%
Aspect Partners, LLC12$1.33K0.00%
Valley National Advisers Inc16$1.00K0.00%
Heartwood Wealth Advisors LLC4$4440.00%
NBC Securities, Inc.3$3320.00%
Seneschal Advisors, LLC2$2220.00%

Sold out (110)

Institutions that held Tradeweb Markets Inc. at the end of Q2 2025 and filed for Q3 2025 without it.

Showing the largest 100 of 110 by value.

Institutions that sold out of TW in Q3 2025
InstitutionShares, Q2 2025Value, Q2 2025
Axiom Investors LLC1,893,905$277.3M
Massachusetts Financial Services Co1,301,903$190.6M
Artisan Partners Limited Partnership1,188,792$174.0M
Westfield Capital Management Co LP447,615$65.5M
Perpetual Ltd394,969$57.8M
Arrowstreet Capital, Limited Partnership170,084$24.9M
Oddo BHF Asset Management SAS135,663$19.9M
Driehaus Capital Management LLC132,644$19.4M
Agf Management Ltd129,576$19.0M
Jupiter Asset Management Ltd104,839$15.3M
Cookson Peirce & Co Inc86,908$12.7M
Lord, Abbett & Co. LLC71,202$10.4M
Moran Wealth Management, LLC67,505$9.88M
Twin Tree Management, LP62,274$9.12M
Alps Advisors Inc52,197$7.64M
Atika Capital Management LLC50,000$7.32M
Natixis Advisors, L.P.42,085$6.16M
Gunderson Capital Management Inc.31,228$4.57M
D L Carlson Investment Group Inc26,507$3.88M
Pier 88 Investment Partners LLC21,675$3.17M
AXA S.A.15,573$2.28M
Element Squared LLC15,335$2.24M
Cim, LLC14,829$2.17M
Ieq Capital, LLC14,662$2.15M
Rational Advisors LLC14,600$2.14M
Landscape Capital Management, L.L.C.13,970$2.05M
Generali Asset Management SPA SGR13,660$2.00M
HWG Holdings LP12,938$1.89M
Quadrature Capital Ltd11,470$1.68M
Harvest Investment Services, LLC10,007$1.47M
Central Pacific Bank - Trust Division9,510$1.39M
Highland Capital Management, LLC8,484$1.24M
PDT Partners, LLC8,067$1.18M
WBI Investments7,389$1.08M
Williamson Legacy Group, LLC6,827$999.5K
Freestone Grove Partners LP6,721$984.0K
Dakota Wealth Management6,708$982.1K
Bryn Mawr Trust Co6,351$929.8K
XTX Topco Ltd5,412$792.3K
Toth Financial Advisory Corp5,315$778.1K
Hudson Bay Capital Management LP4,880$714.4K
Nebula Research & Development LLC4,820$705.6K
Capula Management Ltd4,407$645.2K
Eqis Capital Management, Inc.4,153$608.0K
Wealthedge Investment Advisors, LLC3,937$576.4K
Newbridge Financial Services Group, Inc.3,756$549.9K
Everence Capital Management Inc3,740$548.0K
Lighthouse Investment Partners, LLC3,600$527.0K
Delta Investment Management, LLC3,594$526.2K
Simplicity Wealth,LLC3,388$496.0K
CIBC World Markets Inc.2,960$433.3K
Nelson, Van Denburg & Campbell Wealth Management Group, LLC2,847$416.8K
Pallas Capital Advisors LLC2,734$400.3K
NVWM, LLC2,444$357.8K
Marshall Wace, LLP2,400$351.4K
Private Advisor Group, LLC2,288$334.9K
Arete Wealth Advisors, LLC2,245$329.0K
Nomura Holdings Inc2,222$325.3K
Atomi Financial Group, Inc.2,219$324.9K
Ontario Teachers Pension Plan Board2,136$312.7K
PUREfi Wealth, LLC2,054$300.7K
Resources Investment Advisors, LLC.1,989$291.2K
Brinker Capital Investments, LLC1,954$286.1K
Merit Financial Group, LLC1,906$279.1K
Quantessence Capital LLC1,813$265.4K
Erste Asset Management GmbH1,800$260.9K
West Family Investments, Inc.1,753$256.6K
Port Capital LLC1,750$256.0K
Longboard Asset Management, LP1,733$253.7K
Sapient Capital LLC1,635$239.4K
Bellecapital International Ltd.1,614$236.3K
First Citizens Bank & Trust Co1,594$233.4K
Acadian Asset Management LLC1,597$233.0K
Brighton Jones LLC1,571$230.0K
Yousif Capital Management, LLC1,523$223.0K
Benjamin Edwards Inc1,501$219.8K
Core Wealth Management, Inc.1,500$219.6K
SageView Advisory Group, LLC1,581$217.9K
MQS Management LLC1,439$210.7K
Laurion Capital Management LP1,430$209.4K
Oak Ridge Investments LLC1,418$207.6K
U.S. Capital Wealth Advisors, LLC1,405$205.7K
Ground Swell Capital, LLC1,404$205.5K
Ritholtz Wealth Management1,378$201.8K
Financiere des Professionnels - Fonds d,investissement inc.1,229$179.9K
Globeflex Capital L P1,168$171.0K
Employees Retirement System of Texas914$134.0K
Loomis Sayles & Co L P672$98.4K
Global Trust Asset Management, LLC600$87.8K
Skopos Labs, Inc.578$84.5K
Ancora Advisors, LLC450$65.9K
CoreCap Advisors, LLC187$27.4K
Smithfield Trust Co156$23.0K
Park Square Financial Group, LLC100$14.6K
Mount Yale Investment Advisors, LLC50$7.32K
Cullen/Frost Bankers, Inc.46$6.75K
Riggs Asset Managment Co. Inc.36$5.27K
Trust Co27$3.95K
Hughes Financial Services, LLC12$1.65K
Activest Wealth Management8$1.17K

Not filed for Q3 2025 yet (9)

Institutions that held Tradeweb Markets Inc. at the end of Q2 2025 and haven't filed a 13F for Q3 2025. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding TW in Q2 2025 that haven't filed for Q3 2025
InstitutionShares, Q2 2025Value, Q2 2025
Norges Bank1,392,461$203.9M
EP Wealth Advisors, LLC13,716$2.01M
CIBC World Markets Corp4,849$709.9K
Avantax Advisory Services, Inc.1,881$275.4K
Atlas Capital Advisors LLC468$68.5K
First Horizon Advisors, Inc.300$43.9K
Centricity Wealth Management, LLC140$20.5K
Legacy Investment Solutions, LLC49$7.17K
Parkworth Wealth Management, Inc.4$586