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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, 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.

Institutional holdersQ3 2025: 545 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 heldQ3 2025: $12.7B
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, Q3 2025

Shares, value and share of portfolio for each institution holding Tradeweb Markets Inc.; share changes are against Q2 2025.

Institutions holding TW in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Ameritas Advisory Services, LLC775$86.0K0.01%00.0%Unchanged
Loring Wolcott & Coolidge Fiduciary Advisors LLP810$89.7K0.00%00.0%Unchanged
Northwestern Mutual Wealth Management Co822$91.2K0.00%+6+0.7%Added
National Bank of Canada882$97.9K0.00%+70+8.6%Added
Jones Financial Companies LLLP949$105.3K0.00%+389+69.5%Added
Livforsakringsbolaget Skandia, Omsesidigt951$105.5K0.00%00.0%Unchanged
Walleye Trading LLC1,090$121.0K0.00%+1,090New
Family Capital Trust Co1,158$128.5K0.04%+1,158New
Parallel Advisors, LLC1,243$138.0K0.00%−81−6.1%Reduced
Quadrant Capital Group LLC1,273$141.3K0.00%+1,273New
Mirae Asset Global ETFs Holdings Ltd.1,353$150.3K0.00%+23+1.7%Added
IFP Advisors, Inc1,405$155.9K0.00%−117−7.7%Reduced
Quest Partners LLC1,424$158.0K0.01%+174+13.9%Added
Whittier Trust Co1,491$164.0K0.00%00.0%Unchanged
Ci Investments Inc.1,490$165.0K0.00%−22,655−93.8%Reduced
Signaturefd, LLC1,763$195.7K0.00%−87−4.7%Reduced
Fulton Bank, N.A.1,806$200.4K0.01%−89−4.7%Reduced
Advisory Services Network, LLC1,809$200.8K0.00%−90−4.7%Reduced
Kestra Private Wealth Services, LLC1,873$207.8K0.00%−156−7.7%Reduced
Aster Capital Management (DIFC) Ltd1,887$209.4K0.11%+1,887New
Boothbay Fund Management, LLC1,888$209.5K0.01%+1,888New
First Commonwealth Financial Corp1,899$210.8K0.04%−118−5.9%Reduced
Sowell Financial Services LLC1,918$212.8K0.01%−5,264−73.3%Reduced
Argent Trust Co1,947$216.1K0.01%+407+26.4%Added
Qtron Investments LLC1,957$217.2K0.03%+1,957New
Envestnet Portfolio Solutions, Inc.1,962$217.7K0.00%−286−12.7%Reduced
Pictet & Cie (Europe) SA1,970$218.6K0.00%−240−10.9%Reduced
New York State Teachers Retirement System1,971$219.0K0.00%00.0%Unchanged
Covestor Ltd1,976$219.0K0.12%+379+23.7%Added
Gerber Kawasaki Wealth & Investment Management1,995$221.5K0.01%−1,497−42.9%Reduced
UniSuper Management Pty Ltd2,000$222.0K0.00%00.0%Unchanged
Metis Global Partners, LLC2,072$230.0K0.01%−126−5.7%Reduced
CWM, LLC2,089$232.0K0.00%−3,332−61.5%Reduced
The PNC Financial Services Group, Inc.2,104$233.5K0.00%+256+13.9%Added
Sompo Asset Management Co., Ltd.2,120$235.3K0.04%00.0%Unchanged
Siemens Fonds Invest GmbH2,120$235.3K0.01%−8−0.4%Reduced
Point72 Europe (London) LLP2,137$237.2K0.01%+2,137New
Summit Creek Advisors LLC2,154$239.1K0.03%−1,927−47.2%Reduced
Westerkirk Capital Inc.2,200$244.2K0.03%00.0%Unchanged
Prana Capital Management, LP2,207$244.9K0.01%+2,207New
Numerai GP LLC2,242$248.8K0.04%+2,242New
Forza Wealth Management, LLC2,268$251.7K0.10%00.0%Unchanged
Capital International Sarl2,398$266.1K0.00%−465−16.2%Reduced
Harvest Fund Management Co., Ltd2,038$267.0K0.01%−1,892−48.1%Reduced
MetLife Investment Management2,407$267.1K0.00%+20+0.8%Added
Coldstream Capital Management Inc2,420$268.6K0.00%+879+57.0%Added
Citizens Financial Group Inc2,434$270.1K0.00%+2,434New
Vestcor Inc2,457$273.0K0.01%00.0%Unchanged
Novare Capital Management LLC2,500$277.4K0.02%+600+31.6%Added
Commonwealth Equity Services, LLC2,509$278.0K0.00%−2,056−45.0%Reduced
Liberty One Investment Management, LLC2,527$280.4K0.02%+141+5.9%Added
Farther Finance Advisors, LLC2,570$285.2K0.00%+1,118+77.0%Added
Empowered Funds, LLC2,585$286.9K0.00%+18+0.7%Added
Eventide Asset Management, LLC2,676$298.0K0.00%−8,213−75.4%Reduced
Values First Advisors, Inc.2,751$305.3K0.16%−121−4.2%Reduced
Stephens Inc2,846$315.8K0.00%−120−4.0%Reduced
B. Metzler seel. Sohn & Co. AG2,900$321.8K0.00%00.0%Unchanged
Principal Securities, Inc.2,951$327.5K0.01%+735+33.2%Added
Amica Mutual Insurance Co3,000$333.0K0.03%00.0%Unchanged
Traynor Capital Management, Inc.3,045$337.9K0.02%+3,045New
Kentucky Retirement Systems Insurance Trust Fund3,068$340.5K0.02%−88−2.8%Reduced
Venture Visionary Partners LLC3,100$344.0K0.01%00.0%Unchanged
TD Waterhouse Canada Inc.3,185$344.6K0.00%−4,872−60.5%Reduced
Lifestyle Asset Management, Inc.3,141$348.6K0.12%+278+9.7%Added
Caxton Associates LLP3,222$357.6K0.01%+3,222New
QRG Capital Management, Inc.3,300$366.2K0.00%−3,900−54.2%Reduced
Beirne Wealth Consulting Services, LLC3,408$378.3K0.09%+3,408New
Yarbrough Capital, LLC3,426$380.2K0.01%00.0%Unchanged
Steward Partners Investment Advisory, LLC3,449$382.7K0.00%−49−1.4%Reduced
AIA Group Ltd3,628$402.6K0.01%+3,628New
Dynamic Advisor Solutions LLC3,628$402.6K0.01%−383−9.5%Reduced
CIBC Asset Management Inc3,715$412.3K0.00%00.0%Unchanged
one8zero8, LLC3,750$416.2K0.09%00.0%Unchanged
Janney Montgomery Scott LLC3,771$419.0K0.00%−57,472−93.8%Reduced
Evergreen Capital Management LLC3,827$424.7K0.01%+42+1.1%Added
Sanctuary Advisors, LLC3,866$429.1K0.00%+39+1.0%Added
HB Wealth Management, LLC3,889$431.6K0.00%+1,320+51.4%Added
R Squared Ltd3,927$435.8K0.19%+3,927New
Integrated Wealth Concepts LLC3,982$441.9K0.00%−963−19.5%Reduced
Comerica Bank4,006$444.6K0.00%−130,065−97.0%Reduced
MML Investors Services, LLC4,023$446.5K0.00%−252−5.9%Reduced
Federation des caisses Desjardins du Quebec4,090$453.9K0.00%−782−16.1%Reduced
Flputnam Investment Management Co4,171$462.9K0.01%−1,202−22.4%Reduced
Allstate Corp4,171$462.9K0.01%+4,171New
CIBC Bancorp USA Inc.4,175$463.3K0.00%+4,175New
Exchange Traded Concepts, LLC4,209$467.1K0.00%+898+27.1%Added
NewEdge Wealth, LLC4,497$469.5K0.01%−8,016−64.1%Reduced
Principal Financial Group Inc4,231$469.6K0.00%−45,126−91.4%Reduced
TFB Advisors LLC4,367$472.6K0.14%−227−4.9%Reduced
EntryPoint Capital, LLC4,268$473.7K0.18%+4,268New
Fox Run Management, L.L.C.4,339$481.5K0.08%+4,339New
Truist Financial Corp4,401$488.4K0.00%+728+19.8%Added
Oppenheimer Asset Management Inc.4,415$490.0K0.01%−16−0.4%Reduced
Blueshift Asset Management, LLC4,430$491.6K0.15%+4,430New
Tokio Marine Asset Management Co Ltd4,503$499.7K0.02%+153+3.5%Added
National Pension Service4,581$508.4K0.00%+2,696+143.0%Added
Prudential PLC4,597$510.2K0.00%+2,979+184.1%Added
O'Shaughnessy Asset Management, LLC4,694$520.9K0.00%−2,188−31.8%Reduced
Kirtland Hills Capital Management, LLC4,757$527.9K0.21%00.0%Unchanged
Summit Global Investments4,758$528.0K0.03%−246−4.9%Reduced