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 |
|---|---|---|---|---|---|
| Barclays PLC | 125,547 | $13.9M | 0.01% | +11,823+10.4% | Added |
| Citigroup Inc | 123,619 | $13.7M | 0.01% | +29,766+31.7% | Added |
| Raymond James Financial Inc | 110,728 | $12.3M | 0.00% | +14,931+15.6% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 108,844 | $12.1M | 0.01% | −15,135−12.2% | Reduced |
| Assetmark, Inc | 102,550 | $11.4M | 0.02% | +2,184+2.2% | Added |
| State Board of Administration of Florida Retirement System | 100,890 | $11.2M | 0.02% | −1,180−1.2% | Reduced |
| Russell Investments Group, Ltd. | 100,653 | $11.2M | 0.01% | −18,191−15.3% | Reduced |
| Capital Fund Management S.A. | 100,219 | $11.1M | 0.11% | +100,219 | New |
| Bank of Nova Scotia | 99,840 | $11.1M | 0.02% | +95,430+2,163.9% | Added |
| VGI Partners Ltd | 94,448 | $10.5M | 0.75% | −2,500−2.6% | Reduced |
| Man Group plc | 93,532 | $10.4M | 0.02% | +22,034+30.8% | Added |
| Cumberland Partners Ltd | 91,271 | $10.1M | 0.66% | +67,490+283.8% | Added |
| Nutshell Asset Management Ltd | 89,957 | $9.98M | 4.76% | +66,302+280.3% | Added |
| Korea Investment CORP | 85,567 | $9.50M | 0.02% | +1,541+1.8% | Added |
| Lakehouse Capital Pty Ltd | 80,880 | $8.98M | 5.49% | +40,000+97.8% | Added |
| Envestnet Asset Management Inc | 78,566 | $8.72M | 0.00% | −7,808−9.0% | Reduced |
| Intech Investment Management LLC | 76,971 | $8.54M | 0.08% | +33,352+76.5% | Added |
| Y-Intercept (Hong Kong) Ltd | 76,151 | $8.45M | 0.20% | +76,151 | New |
| Qsemble Capital Management, LP | 75,970 | $8.43M | 0.83% | +75,970 | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 72,017 | $7.99M | 0.02% | −62,209−46.3% | Reduced |
| GDS Wealth Management | 71,001 | $7.88M | 0.52% | +11,428+19.2% | Added |
| Rakuten Investment Management, Inc. | 34,917 | $7.60M | 0.03% | +34,917 | New |
| Asset Management One Co.,Ltd. | 67,617 | $7.51M | 0.02% | −25,771−27.6% | Reduced |
| Sequoia Financial Advisors, LLC | 67,068 | $7.44M | 0.05% | +4,776+7.7% | Added |
| SeaTown Holdings Pte. Ltd. | 65,800 | $7.30M | 4.21% | 00.0% | Unchanged |
| Montanaro Asset Management Ltd | 65,000 | $7.21M | 1.80% | +12,500+23.8% | Added |
| Pictet Asset Management Holding SA | 63,069 | $7.00M | 0.01% | +11,399+22.1% | Added |
| State of Wisconsin Investment Board | 63,023 | $6.99M | 0.02% | −4,603−6.8% | Reduced |
| Alamar Capital Management, LLC | 35,908 | $6.90M | 3.65% | −259−0.7% | Reduced |
| Assenagon Asset Management S.A. | 61,938 | $6.87M | 0.01% | +38,242+161.4% | Added |
| Ensign Peak Advisors, Inc | 61,359 | $6.81M | 0.01% | −6,434−9.5% | Reduced |
| Bank Julius Baer & Co. Ltd, Zurich | 61,149 | $6.79M | 0.02% | −877−1.4% | Reduced |
| KBC Group NV | 60,090 | $6.67M | 0.02% | −51,245−46.0% | Reduced |
| Citadel Advisors LLC | 59,746 | $6.63M | 0.01% | −171,051−74.1% | Reduced |
| Aviva PLC | 59,702 | $6.63M | 0.01% | +3,056+5.4% | Added |
| Macquarie Group Ltd | 57,831 | $6.42M | 0.01% | −30,273−34.4% | Reduced |
| BNP Paribas Arbitrage, SA | 57,611 | $6.39M | 0.00% | +1,953+3.5% | Added |
| Magnetar Financial LLC | 56,134 | $6.23M | 0.04% | +54,281+2,929.4% | Added |
| Danske Bank A/S | 56,044 | $6.22M | 0.02% | +3,300+6.3% | Added |
| APG Asset Management N.V. | 65,600 | $6.20M | 0.02% | 00.0% | Unchanged |
| Mitsubishi UFJ Trust & Banking Corp | 55,523 | $6.16M | 0.01% | +5,112+10.1% | Added |
| Ownership Capital B.V. | 55,490 | $6.16M | 3.46% | −463,421−89.3% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 53,184 | $5.90M | 0.01% | −60,231−53.1% | Reduced |
| Ninety One SA (PTY) Ltd | 53,253 | $5.89M | 0.27% | +26,442+98.6% | Added |
| HSBC Holdings PLC | 52,509 | $5.82M | 0.00% | +18,575+54.7% | Added |
| Treasurer of the State of North Carolina | 52,423 | $5.82M | 0.02% | −2,037−3.7% | Reduced |
| LPL Financial LLC | 51,786 | $5.75M | 0.00% | +7,576+17.1% | Added |
| Meiji Yasuda Asset Management Co Ltd. | 49,136 | $5.45M | 0.26% | −980−2.0% | Reduced |
| Munro Partners | 49,070 | $5.45M | 0.15% | −6,165−11.2% | Reduced |
| Great West Life Assurance Co | 48,476 | $5.39M | 0.01% | +6,089+14.4% | Added |
| Alliancebernstein L.P. | 48,494 | $5.38M | 0.00% | −1,592−3.2% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 48,054 | $5.33M | 0.02% | +30,063+167.1% | Added |
| Worldquant Millennium Advisors LLC | 47,530 | $5.27M | 0.02% | +47,530 | New |
| Ceera Investments, LLC | 46,665 | $5.18M | 1.62% | −3,265−6.5% | Reduced |
| Wells Fargo & Company | 46,400 | $5.15M | 0.00% | −13,551−22.6% | Reduced |
| 2Xideas AG | 45,257 | $5.02M | 1.06% | −12,621−21.8% | Reduced |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 43,859 | $4.87M | 0.04% | +6,565+17.6% | Added |
| Advisors Capital Management, LLC | 43,114 | $4.78M | 0.06% | +490+1.1% | Added |
| KLP Kapitalforvaltning AS | 42,600 | $4.73M | 0.02% | 00.0% | Unchanged |
| Gotham Asset Management, LLC | 41,839 | $4.64M | 0.02% | −91,878−68.7% | Reduced |
| Jump Financial, LLC | 41,487 | $4.60M | 0.06% | +39,078+1,622.2% | Added |
| Walleye Capital LLC | 41,447 | $4.60M | 0.04% | +39,438+1,963.1% | Added |
| North Reef Capital Management LP | 41,200 | $4.57M | 0.21% | +41,200 | New |
| Natixis | 40,789 | $4.53M | 0.02% | +40,789 | New |
| Grandeur Peak Global Advisors, LLC | 40,694 | $4.52M | 0.61% | +8,237+25.4% | Added |
| State of New Jersey Common Pension Fund D | 39,276 | $4.36M | 0.02% | +223+0.6% | Added |
| Brevan Howard Capital Management LP | 38,079 | $4.23M | 0.06% | −6,042−13.7% | Reduced |
| Public Employees Retirement System of Ohio | 37,596 | $4.17M | 0.01% | −43,234−53.5% | Reduced |
| Manufacturers Life Insurance Company, The | 37,397 | $4.15M | 0.00% | −185,428−83.2% | Reduced |
| Lansforsakringar Fondforvaltning AB (publ) | 36,752 | $4.08M | 0.02% | 00.0% | Unchanged |
| Resona Asset Management Co.,Ltd. | 36,632 | $4.07M | 0.02% | −1,282−3.4% | Reduced |
| Wealthfront Advisers LLC | 36,511 | $4.05M | 0.01% | −2,867−7.3% | Reduced |
| Vaughan Nelson Investment Management, L.P. | 36,065 | $4.00M | 0.04% | −386,806−91.5% | Reduced |
| Arizona State Retirement System | 34,294 | $3.81M | 0.02% | +289+0.8% | Added |
| Quantbot Technologies LP | 34,094 | $3.78M | 0.10% | +31,341+1,138.4% | Added |
| Jain Global LLC | 33,839 | $3.76M | 0.05% | +33,839 | New |
| Tredje AP-fonden | 33,223 | $3.69M | 0.03% | +14,478+77.2% | Added |
| La Banque Postale Asset Management SA | 32,891 | $3.65M | 0.04% | +3,762+12.9% | Added |
| Brown Advisory Inc | 32,145 | $3.57M | 0.00% | −32,548−50.3% | Reduced |
| Campbell & CO Investment Adviser LLC | 30,667 | $3.40M | 0.26% | +30,667 | New |
| Clear Harbor Asset Management, LLC | 30,401 | $3.37M | 0.24% | −637−2.1% | Reduced |
| Commerce Bank | 30,044 | $3.33M | 0.02% | −21,163−41.3% | Reduced |
| Perbak Capital Partners LLP | 29,678 | $3.29M | 0.58% | +29,678 | New |
| Edgestream Partners, L.P. | 28,976 | $3.22M | 0.09% | +28,976 | New |
| Two Sigma Advisers, LP | 28,700 | $3.19M | 0.01% | −18,600−39.3% | Reduced |
| Thornburg Investment Management Inc | 28,653 | $3.18M | 0.04% | −794−2.7% | Reduced |
| Skandinaviska Enskilda Banken AB (publ) | 28,568 | $3.17M | 0.01% | +881+3.2% | Added |
| Taikang Asset Management (Hong Kong) Co Ltd | 27,563 | $3.06M | 0.34% | −12,465−31.1% | Reduced |
| Point72 Hong Kong Ltd | 27,359 | $3.04M | 0.14% | +27,359 | New |
| Clearbridge Investments, LLC | 27,324 | $3.03M | 0.00% | −11,463−29.6% | Reduced |
| Schonfeld Strategic Advisors LLC | 27,229 | $3.02M | 0.02% | +15,291+128.1% | Added |
| Lecap Asset Management Ltd | 25,703 | $2.85M | 0.99% | +25,703 | New |
| BI Asset Management Fondsmaeglerselskab A/S | 25,637 | $2.85M | 0.03% | +20,225+373.7% | Added |
| Ostrum Asset Management | 24,717 | $2.74M | 0.12% | −866−3.4% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 24,536 | $2.72M | 0.10% | −4,379−15.1% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 25,063 | $2.72M | 0.01% | +17,900+249.9% | Added |
| Dark Forest Capital Management LP | 24,194 | $2.69M | 0.10% | +14,059+138.7% | Added |
| Sumitomo Life Insurance Co | 23,848 | $2.65M | 0.08% | −320−1.3% | Reduced |
| Toronto Dominion Bank | 23,347 | $2.59M | 0.01% | −967−4.0% | Reduced |
| Pinebridge Investments, L.P. | 23,240 | $2.58M | 0.02% | −11,334−32.8% | Reduced |