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 |
|---|---|---|---|---|---|
| Ninety One SA (PTY) Ltd | 53,253 | $5.89M | 0.27% | +26,442+98.6% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 53,184 | $5.90M | 0.01% | −60,231−53.1% | Reduced |
| Ownership Capital B.V. | 55,490 | $6.16M | 3.46% | −463,421−89.3% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 55,523 | $6.16M | 0.01% | +5,112+10.1% | Added |
| APG Asset Management N.V. | 65,600 | $6.20M | 0.02% | 00.0% | Unchanged |
| Danske Bank A/S | 56,044 | $6.22M | 0.02% | +3,300+6.3% | Added |
| Magnetar Financial LLC | 56,134 | $6.23M | 0.04% | +54,281+2,929.4% | Added |
| BNP Paribas Arbitrage, SA | 57,611 | $6.39M | 0.00% | +1,953+3.5% | Added |
| Macquarie Group Ltd | 57,831 | $6.42M | 0.01% | −30,273−34.4% | Reduced |
| Aviva PLC | 59,702 | $6.63M | 0.01% | +3,056+5.4% | Added |
| Citadel Advisors LLC | 59,746 | $6.63M | 0.01% | −171,051−74.1% | Reduced |
| KBC Group NV | 60,090 | $6.67M | 0.02% | −51,245−46.0% | Reduced |
| Bank Julius Baer & Co. Ltd, Zurich | 61,149 | $6.79M | 0.02% | −877−1.4% | Reduced |
| Ensign Peak Advisors, Inc | 61,359 | $6.81M | 0.01% | −6,434−9.5% | Reduced |
| Assenagon Asset Management S.A. | 61,938 | $6.87M | 0.01% | +38,242+161.4% | Added |
| Alamar Capital Management, LLC | 35,908 | $6.90M | 3.65% | −259−0.7% | Reduced |
| State of Wisconsin Investment Board | 63,023 | $6.99M | 0.02% | −4,603−6.8% | Reduced |
| Pictet Asset Management Holding SA | 63,069 | $7.00M | 0.01% | +11,399+22.1% | Added |
| Montanaro Asset Management Ltd | 65,000 | $7.21M | 1.80% | +12,500+23.8% | Added |
| SeaTown Holdings Pte. Ltd. | 65,800 | $7.30M | 4.21% | 00.0% | Unchanged |
| Sequoia Financial Advisors, LLC | 67,068 | $7.44M | 0.05% | +4,776+7.7% | Added |
| Asset Management One Co.,Ltd. | 67,617 | $7.51M | 0.02% | −25,771−27.6% | Reduced |
| Rakuten Investment Management, Inc. | 34,917 | $7.60M | 0.03% | +34,917 | New |
| GDS Wealth Management | 71,001 | $7.88M | 0.52% | +11,428+19.2% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 72,017 | $7.99M | 0.02% | −62,209−46.3% | Reduced |
| Qsemble Capital Management, LP | 75,970 | $8.43M | 0.83% | +75,970 | New |
| Y-Intercept (Hong Kong) Ltd | 76,151 | $8.45M | 0.20% | +76,151 | New |
| Intech Investment Management LLC | 76,971 | $8.54M | 0.08% | +33,352+76.5% | Added |
| Envestnet Asset Management Inc | 78,566 | $8.72M | 0.00% | −7,808−9.0% | Reduced |
| Lakehouse Capital Pty Ltd | 80,880 | $8.98M | 5.49% | +40,000+97.8% | Added |
| Korea Investment CORP | 85,567 | $9.50M | 0.02% | +1,541+1.8% | Added |
| Nutshell Asset Management Ltd | 89,957 | $9.98M | 4.76% | +66,302+280.3% | Added |
| Cumberland Partners Ltd | 91,271 | $10.1M | 0.66% | +67,490+283.8% | Added |
| Man Group plc | 93,532 | $10.4M | 0.02% | +22,034+30.8% | Added |
| VGI Partners Ltd | 94,448 | $10.5M | 0.75% | −2,500−2.6% | Reduced |
| Bank of Nova Scotia | 99,840 | $11.1M | 0.02% | +95,430+2,163.9% | Added |
| Capital Fund Management S.A. | 100,219 | $11.1M | 0.11% | +100,219 | New |
| Russell Investments Group, Ltd. | 100,653 | $11.2M | 0.01% | −18,191−15.3% | Reduced |
| State Board of Administration of Florida Retirement System | 100,890 | $11.2M | 0.02% | −1,180−1.2% | Reduced |
| Assetmark, Inc | 102,550 | $11.4M | 0.02% | +2,184+2.2% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 108,844 | $12.1M | 0.01% | −15,135−12.2% | Reduced |
| Raymond James Financial Inc | 110,728 | $12.3M | 0.00% | +14,931+15.6% | Added |
| Citigroup Inc | 123,619 | $13.7M | 0.01% | +29,766+31.7% | Added |
| Barclays PLC | 125,547 | $13.9M | 0.01% | +11,823+10.4% | Added |
| Voloridge Investment Management, LLC | 126,855 | $14.1M | 0.05% | +126,855 | New |
| Susquehanna International Group, LLP | 133,408 | $14.8M | 0.02% | +38,000+39.8% | Added |
| Rhumbline Advisers | 138,072 | $15.3M | 0.01% | +3,450+2.6% | Added |
| Public Employees Retirement Association of Colorado | 138,084 | $15.3M | 0.06% | −37,300−21.3% | Reduced |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 144,165 | $16.0M | 0.13% | +32,408+29.0% | Added |
| Vinva Investment Management Ltd | 145,329 | $16.2M | 0.33% | +20,241+16.2% | Added |
| Ameriprise Financial Inc | 146,172 | $16.2M | 0.00% | −17,359−10.6% | Reduced |
| Blair William & Co | 146,902 | $16.3M | 0.04% | +10,365+7.6% | Added |
| Los Angeles Capital Management LLC | 147,908 | $16.4M | 0.06% | −189,987−56.2% | Reduced |
| Wilson Asset Management (International) Pty Ltd | 148,081 | $16.4M | 4.07% | +4,502+3.1% | Added |
| New York State Common Retirement Fund | 154,084 | $17.1M | 0.02% | +34,585+28.9% | Added |
| First Trust Advisors LP | 154,757 | $17.2M | 0.01% | −146,718−48.7% | Reduced |
| Aquatic Capital Management LLC | 155,205 | $17.2M | 0.32% | +137,292+766.4% | Added |
| Twinbeech Capital LP | 155,839 | $17.3M | 0.68% | +155,839 | New |
| Allianz Asset Management GmbH | 158,033 | $17.5M | 0.02% | +609+0.4% | Added |
| Credit Agricole S A | 158,369 | $17.6M | 0.06% | +158,369 | New |
| Norinchukin Bank, The | 158,497 | $17.6M | 0.24% | +69,415+77.9% | Added |
| Carnegie Capital Asset Management, LLC | 166,505 | $18.5M | 0.35% | +2,472+1.5% | Added |
| Canada Pension Plan Investment Board | 170,906 | $19.0M | 0.01% | +6,400+3.9% | Added |
| SEI Investments Co | 171,554 | $19.0M | 0.02% | −121,459−41.5% | Reduced |
| Robeco Institutional Asset Management B.V. | 172,067 | $19.1M | 0.03% | +21,576+14.3% | Added |
| Cubist Systematic Strategies, LLC | 183,940 | $20.4M | 0.29% | +183,940 | New |
| California State Teachers Retirement System | 191,503 | $21.3M | 0.02% | +3,164+1.7% | Added |
| Engineers Gate Manager LP | 194,441 | $21.6M | 0.25% | +194,441 | New |
| Amundi | 211,088 | $21.9M | 0.01% | +38,618+22.4% | Added |
| Altshuler Shaham Ltd | 205,000 | $22.8M | 0.38% | +205,000 | New |
| Nuveen, LLC | 207,126 | $23.0M | 0.01% | −52,272−20.2% | Reduced |
| Deutsche Bank AG | 214,060 | $23.8M | 0.01% | +15,794+8.0% | Added |
| Praesidium Investment Management Company, LLC | 224,691 | $24.9M | 4.86% | −9,351−4.0% | Reduced |
| Renaissance Group LLC | 237,324 | $26.3M | 0.99% | +19,873+9.1% | Added |
| Tudor Investment Corp Et Al | 239,890 | $26.6M | 0.17% | +239,890 | New |
| Sumitomo Mitsui Trust Holdings, Inc. | 240,617 | $26.7M | 0.02% | +3,956+1.7% | Added |
| Sone Capital Management, LLC | 247,481 | $27.5M | 2.30% | +175,280+242.8% | Added |
| Andra AP-fonden | 251,500 | $27.9M | 0.36% | +118,900+89.7% | Added |
| Royal Bank of Canada | 256,057 | $28.4M | 0.01% | +16,381+6.8% | Added |
| American Capital Management Inc | 266,006 | $29.5M | 1.18% | −23,813−8.2% | Reduced |
| AustralianSuper Pty Ltd | 275,856 | $30.6M | 0.14% | −214,902−43.8% | Reduced |
| Legal & General Group Plc | 292,592 | $32.5M | 0.01% | −5,498−1.8% | Reduced |
| Fisher Funds Management LTD | 331,279 | $36.8M | 0.97% | +155,922+88.9% | Added |
| Caisse de Depot Et Placement du Quebec | 339,491 | $37.7M | 0.07% | −26,432−7.2% | Reduced |
| STRS Ohio | 343,988 | $38.2M | 0.14% | −273,333−44.3% | Reduced |
| California Public Employees Retirement System | 376,379 | $41.8M | 0.03% | −57,405−13.2% | Reduced |
| CIBC Private Wealth Group, LLC | 387,017 | $43.0M | 0.07% | −8,902−2.2% | Reduced |
| Jane Street Group, LLC | 390,229 | $43.3M | 0.05% | +390,229 | New |
| Bank of New York Mellon Corp | 391,850 | $43.5M | 0.01% | −134,583−25.6% | Reduced |
| Bamco Inc | 392,110 | $43.5M | 0.12% | −1,767−0.4% | Reduced |
| Squarepoint Ops LLC | 409,153 | $45.4M | 0.10% | +409,153 | New |
| Square Wave Capital, LLC | 417,863 | $46.4M | 16.97% | +310,993+291.0% | Added |
| FIL Ltd | 419,727 | $46.6M | 0.04% | +113,925+37.3% | Added |
| Dimensional Fund Advisors LP | 425,050 | $47.2M | 0.01% | +62,951+17.4% | Added |
| Colony Group, LLC | 428,520 | $47.6M | 0.08% | +16,939+4.1% | Added |
| HMI Capital Management, L.P. | 438,500 | $48.7M | 2.81% | +438,500 | New |
| Millennium Management LLC | 439,100 | $48.7M | 0.04% | +379,473+636.4% | Added |
| Victory Capital Management Inc | 448,675 | $49.8M | 0.03% | −180,528−28.7% | Reduced |
| UBS Group AG | 456,571 | $50.7M | 0.01% | −242,859−34.7% | Reduced |
| Kensico Capital Management Corp | 462,000 | $51.3M | 0.79% | +241,900+109.9% | Added |