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 |
|---|---|---|---|---|---|
| Taylor Frigon Capital Management LLC | 15,236 | $1.69M | 0.84% | −498−3.2% | Reduced |
| Teacher Retirement System of Texas | 15,258 | $1.69M | 0.01% | −329,715−95.6% | Reduced |
| Bank of Montreal | 15,270 | $1.69M | 0.00% | +879+6.1% | Added |
| Allworth Financial LP | 15,277 | $1.70M | 0.01% | −276−1.8% | Reduced |
| Simplex Trading, LLC | 15,524 | $1.72M | 0.04% | +15,524 | New |
| Torray LLC | 15,615 | $1.73M | 0.24% | +659+4.4% | Added |
| SG Americas Securities, LLC | 15,627 | $1.73M | 0.01% | +14,925+2,126.1% | Added |
| Investment Management Corp of Ontario | 15,894 | $1.76M | 0.03% | −19,824−55.5% | Reduced |
| Point72 (DIFC) Ltd | 15,906 | $1.77M | 0.12% | +15,906 | New |
| Cerity Partners LLC | 15,933 | $1.77M | 0.00% | +7,927+99.0% | Added |
| Janus Henderson Group PLC | 15,938 | $1.77M | 0.00% | 00.0% | Unchanged |
| Virtu Financial LLC | 15,977 | $1.77M | 0.10% | +15,977 | New |
| Ethic Inc. | 16,037 | $1.78M | 0.03% | −1,713−9.7% | Reduced |
| Mirae Asset Global Investments Co., Ltd. | 16,161 | $1.79M | 0.01% | −2,943−15.4% | Reduced |
| HRT Financial LP | 16,230 | $1.80M | 0.01% | +1,596+10.9% | Added |
| Omers Administration Corp | 16,461 | $1.83M | 0.01% | 00.0% | Unchanged |
| Storebrand Asset Management AS | 16,492 | $1.83M | 0.00% | +724+4.6% | Added |
| British Columbia Investment Management Corp | 16,736 | $1.86M | 0.01% | −1,580−8.6% | Reduced |
| Illumine Investment Management, LLC | 17,200 | $1.91M | 1.36% | +125+0.7% | Added |
| Capstone Investment Advisors, LLC | 17,405 | $1.93M | 0.02% | +14,420+483.1% | Added |
| DekaBank Deutsche Girozentrale | 18,226 | $2.00M | 0.00% | 00.0% | Unchanged |
| Voleon Capital Management LP | 18,164 | $2.02M | 0.05% | +18,164 | New |
| Swedbank AB | 18,250 | $2.03M | 0.00% | +5,300+40.9% | Added |
| EFG Asset Management (Americas) Corp. | 18,744 | $2.08M | 0.36% | +1,842+10.9% | Added |
| Police & Firemen's Retirement System of New Jersey | 18,798 | $2.09M | 0.02% | +1,075+6.1% | Added |
| Aperture Investors, LLC | 19,557 | $2.17M | 0.30% | −18,185−48.2% | Reduced |
| Elo Mutual Pension Insurance Co | 19,694 | $2.19M | 0.04% | −33−0.2% | Reduced |
| Headlands Technologies LLC | 20,306 | $2.25M | 0.18% | +20,306 | New |
| Raiffeisen Bank International AG | 20,552 | $2.29M | 0.03% | +3,152+18.1% | Added |
| Summit Trail Advisors, LLC | 20,668 | $2.29M | 0.03% | +11,895+135.6% | Added |
| Aigen Investment Management, LP | 21,283 | $2.36M | 0.37% | +21,283 | New |
| DnB Asset Management AS | 21,402 | $2.38M | 0.01% | +697+3.4% | Added |
| Quantinno Capital Management LP | 21,444 | $2.38M | 0.01% | +2,305+12.0% | Added |
| Krilogy Financial LLC | 22,882 | $2.39M | 0.09% | +22,882 | New |
| Synovus Financial Corp | 21,610 | $2.40M | 0.03% | −104−0.5% | Reduced |
| Knollwood Investment Advisory, LLC | 21,788 | $2.42M | 0.22% | −72−0.3% | Reduced |
| George Kaiser Family Foundation | 21,848 | $2.42M | 0.34% | 00.0% | Unchanged |
| OP Asset Management Ltd | 22,076 | $2.45M | 0.03% | −12,767−36.6% | Reduced |
| IFM Investors Pty Ltd | 22,172 | $2.46M | 0.02% | 00.0% | Unchanged |
| Mn Services Vermogensbeheer B.V. | 22,300 | $2.48M | 0.02% | 00.0% | Unchanged |
| Verition Fund Management LLC | 22,585 | $2.51M | 0.01% | +17,315+328.6% | Added |
| EFG Asset Management (North America) Corp. | 22,712 | $2.52M | 0.33% | +1,872+9.0% | Added |
| Canada Post Corp Registered Pension Plan | 22,714 | $2.53M | 0.11% | +22,714 | New |
| Forsta Ap-Fonden | 23,000 | $2.55M | 0.02% | +700+3.1% | Added |
| Pinebridge Investments, L.P. | 23,240 | $2.58M | 0.02% | −11,334−32.8% | Reduced |
| Toronto Dominion Bank | 23,347 | $2.59M | 0.01% | −967−4.0% | Reduced |
| Sumitomo Life Insurance Co | 23,848 | $2.65M | 0.08% | −320−1.3% | Reduced |
| Dark Forest Capital Management LP | 24,194 | $2.69M | 0.10% | +14,059+138.7% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 25,063 | $2.72M | 0.01% | +17,900+249.9% | Added |
| Hennion & Walsh Asset Management, Inc. | 24,536 | $2.72M | 0.10% | −4,379−15.1% | Reduced |
| Ostrum Asset Management | 24,717 | $2.74M | 0.12% | −866−3.4% | Reduced |
| BI Asset Management Fondsmaeglerselskab A/S | 25,637 | $2.85M | 0.03% | +20,225+373.7% | Added |
| Lecap Asset Management Ltd | 25,703 | $2.85M | 0.99% | +25,703 | New |
| Schonfeld Strategic Advisors LLC | 27,229 | $3.02M | 0.02% | +15,291+128.1% | Added |
| Clearbridge Investments, LLC | 27,324 | $3.03M | 0.00% | −11,463−29.6% | Reduced |
| Point72 Hong Kong Ltd | 27,359 | $3.04M | 0.14% | +27,359 | New |
| Taikang Asset Management (Hong Kong) Co Ltd | 27,563 | $3.06M | 0.34% | −12,465−31.1% | Reduced |
| Skandinaviska Enskilda Banken AB (publ) | 28,568 | $3.17M | 0.01% | +881+3.2% | Added |
| Thornburg Investment Management Inc | 28,653 | $3.18M | 0.04% | −794−2.7% | Reduced |
| Two Sigma Advisers, LP | 28,700 | $3.19M | 0.01% | −18,600−39.3% | Reduced |
| Edgestream Partners, L.P. | 28,976 | $3.22M | 0.09% | +28,976 | New |
| Perbak Capital Partners LLP | 29,678 | $3.29M | 0.58% | +29,678 | New |
| Commerce Bank | 30,044 | $3.33M | 0.02% | −21,163−41.3% | Reduced |
| Clear Harbor Asset Management, LLC | 30,401 | $3.37M | 0.24% | −637−2.1% | Reduced |
| Campbell & CO Investment Adviser LLC | 30,667 | $3.40M | 0.26% | +30,667 | New |
| Brown Advisory Inc | 32,145 | $3.57M | 0.00% | −32,548−50.3% | Reduced |
| La Banque Postale Asset Management SA | 32,891 | $3.65M | 0.04% | +3,762+12.9% | Added |
| Tredje AP-fonden | 33,223 | $3.69M | 0.03% | +14,478+77.2% | Added |
| Jain Global LLC | 33,839 | $3.76M | 0.05% | +33,839 | New |
| Quantbot Technologies LP | 34,094 | $3.78M | 0.10% | +31,341+1,138.4% | Added |
| Arizona State Retirement System | 34,294 | $3.81M | 0.02% | +289+0.8% | Added |
| Vaughan Nelson Investment Management, L.P. | 36,065 | $4.00M | 0.04% | −386,806−91.5% | Reduced |
| Wealthfront Advisers LLC | 36,511 | $4.05M | 0.01% | −2,867−7.3% | Reduced |
| Resona Asset Management Co.,Ltd. | 36,632 | $4.07M | 0.02% | −1,282−3.4% | Reduced |
| Lansforsakringar Fondforvaltning AB (publ) | 36,752 | $4.08M | 0.02% | 00.0% | Unchanged |
| Manufacturers Life Insurance Company, The | 37,397 | $4.15M | 0.00% | −185,428−83.2% | Reduced |
| Public Employees Retirement System of Ohio | 37,596 | $4.17M | 0.01% | −43,234−53.5% | Reduced |
| Brevan Howard Capital Management LP | 38,079 | $4.23M | 0.06% | −6,042−13.7% | Reduced |
| State of New Jersey Common Pension Fund D | 39,276 | $4.36M | 0.02% | +223+0.6% | Added |
| Grandeur Peak Global Advisors, LLC | 40,694 | $4.52M | 0.61% | +8,237+25.4% | Added |
| Natixis | 40,789 | $4.53M | 0.02% | +40,789 | New |
| North Reef Capital Management LP | 41,200 | $4.57M | 0.21% | +41,200 | New |
| Walleye Capital LLC | 41,447 | $4.60M | 0.04% | +39,438+1,963.1% | Added |
| Jump Financial, LLC | 41,487 | $4.60M | 0.06% | +39,078+1,622.2% | Added |
| Gotham Asset Management, LLC | 41,839 | $4.64M | 0.02% | −91,878−68.7% | Reduced |
| KLP Kapitalforvaltning AS | 42,600 | $4.73M | 0.02% | 00.0% | Unchanged |
| Advisors Capital Management, LLC | 43,114 | $4.78M | 0.06% | +490+1.1% | Added |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 43,859 | $4.87M | 0.04% | +6,565+17.6% | Added |
| 2Xideas AG | 45,257 | $5.02M | 1.06% | −12,621−21.8% | Reduced |
| Wells Fargo & Company | 46,400 | $5.15M | 0.00% | −13,551−22.6% | Reduced |
| Ceera Investments, LLC | 46,665 | $5.18M | 1.62% | −3,265−6.5% | Reduced |
| Worldquant Millennium Advisors LLC | 47,530 | $5.27M | 0.02% | +47,530 | New |
| Connor, Clark & Lunn Investment Management Ltd. | 48,054 | $5.33M | 0.02% | +30,063+167.1% | Added |
| Alliancebernstein L.P. | 48,494 | $5.38M | 0.00% | −1,592−3.2% | Reduced |
| Great West Life Assurance Co | 48,476 | $5.39M | 0.01% | +6,089+14.4% | Added |
| Munro Partners | 49,070 | $5.45M | 0.15% | −6,165−11.2% | Reduced |
| Meiji Yasuda Asset Management Co Ltd. | 49,136 | $5.45M | 0.26% | −980−2.0% | Reduced |
| LPL Financial LLC | 51,786 | $5.75M | 0.00% | +7,576+17.1% | Added |
| Treasurer of the State of North Carolina | 52,423 | $5.82M | 0.02% | −2,037−3.7% | Reduced |
| HSBC Holdings PLC | 52,509 | $5.82M | 0.00% | +18,575+54.7% | Added |