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Livermore
Livermore
ZHEN

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.

Q4 2025 vs. Q3 2025

How the institutions holding Tradeweb Markets Inc. changed between Q3 2025 and Q4 2025.

All holders in Q4 2025All holders in Q3 2025

13F holders of TW: Q3 2025 compared with Q4 2025
MeasureQ3 2025Of which not filed for Q4 2025Q4 2025Change
Holders54517553+25
Shares114.4M392.5K116.3M+2.28M (+2.0%)
Value$12.7B$43.6M$12.5B−$149.2M (−1.2%)

17 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so the changes leave them out.

New holders (96)

Institutions that held Tradeweb Markets Inc. at the end of Q4 2025 but not at the end of Q3 2025.

Institutions new to TW in Q4 2025
InstitutionSharesValue% of portfolio
Viking Global Investors LPSuperinvestorViking Global Investors2,768,659$297.7M0.79%
Norges Bank1,521,189$163.6M0.02%
Marshall Wace, LLP219,038$23.6M0.02%
Moran Wealth Management, LLC72,115$7.76M0.24%
ExodusPoint Capital Management, LP60,277$6.48M0.07%
Pinnacle Financial Partners, Inc.51,736$5.56M0.04%
Seilern Investment Management Ltd48,939$5.26M0.41%
Ieq Capital, LLC38,651$4.16M0.01%
Cornerstone Advisors, LLC37,715$4.06M0.14%
Nomura Asset Management International Inc.36,658$3.94M0.01%
Cinctive Capital Management LP33,170$3.57M0.21%
PensionDanmark Pensionsforsikringsaktieselskab32,350$3.48M0.03%
XTX Topco Ltd31,883$3.43M0.09%
Osmosis Investment Management UK Ltd31,707$3.41M0.09%
Agf Management Ltd27,248$2.93M0.01%
North Star Asset Management Inc26,361$2.83M0.11%
BLI - Banque de Luxembourg Investments24,000$2.59M0.08%
Ninety One North America, Inc.19,160$2.06M0.08%
Balyasny Asset Management LLC18,415$1.98M0.00%
Pinebridge Investments LLC17,769$1.91M0.01%
C WorldWide Group Holding A/S16,799$1.81M0.03%
Acumen Wealth Advisors, LLC13,710$1.47M0.42%
Alberta Investment Management Corp12,900$1.39M0.01%
Dutch Asset Corp12,382$1.33M1.03%
Fieldview Capital Management, LLC11,936$1.28M0.22%
Jefferies Financial Group Inc.11,635$1.25M0.01%
Two Sigma Securities, LLC11,329$1.22M0.17%
Merit Financial Group, LLC10,901$1.17M0.01%
Gsa Capital Partners LLP10,526$1.13M0.10%
Regal Investment Advisors LLC7,001$752.9K0.05%
Point72 Asset Management, L.P.6,792$730.4K0.00%
Sivia Capital Partners, LLC6,552$704.6K0.14%
Pallas Capital Advisors LLC5,978$642.9K0.02%
EP Wealth Advisors, LLC5,975$642.6K0.00%
Wealth Enhancement Trust Services, Inc.5,687$611.6K0.08%
Eurizon Capital SGR S.p.A.5,625$604.9K0.00%
Lavelle Capital LP5,420$582.9K0.37%
Evolve Private Wealth, LLC4,424$475.8K0.03%
PEAK6 LLC4,384$471.5K0.01%
E. Ohman J:or Asset Management AB4,124$443.5K0.01%
North Dakota State Investment Board4,105$441.5K0.02%
NorthCrest Asset Manangement, LLC3,982$440.0K0.01%
CIBC World Markets Corp4,041$434.6K0.00%
J. Safra Sarasin Holding AG3,701$398.0K0.01%
RMB Capital Management, LLC3,185$342.5K0.01%
Abn Amro Investment Solutions3,020$324.8K0.00%
Nomura Holdings Inc2,717$292.2K0.00%
Group One Trading, L.P.2,617$281.4K0.01%
Laird Norton Trust Company, LLC2,580$277.5K0.01%
Jackson Thornton Asset Management, LLC2,389$264.5K0.02%
Oxford Asset Management LLP2,305$247.9K0.09%
Warren Averett Asset Management, LLC2,268$243.9K0.00%
Vise Technologies, Inc.2,205$237.1K0.00%
Woodline Partners LP2,146$230.8K0.00%
Forum Financial Management, LP2,130$229.1K0.00%
Waddell & Associates, LLC2,104$226.3K0.02%
PharVision Advisers, LLC2,071$222.7K0.11%
Wellspring Financial Advisors, LLC2,063$221.9K0.02%
Parcion Private Wealth LLC2,046$220.0K0.01%
Brinker Capital Investments, LLC2,031$218.4K0.00%
Perigon Wealth Management, LLC2,014$216.6K0.00%
Transcend Wealth Collective, LLC2,007$215.8K0.02%
waypoint wealth counsel1,983$213.3K0.08%
Caerus Investment Advisors, LLC1,961$210.9K0.07%
Park Place Capital Corp812$87.3K0.02%
Compagnie Lombard Odier SCmA747$80.3K0.00%
EFG International AG430$46.2K0.00%
Kestra Advisory Services, LLC428$46.0K0.00%
Basecamp Wealth Advisors LLC235$25.3K0.01%
Ancora Advisors, LLC226$24.3K0.00%
Activest Wealth Management126$13.6K0.00%
Salomon & Ludwin, LLC109$12.0K0.00%
Keating Financial Advisory Services, Inc.87$9.36K0.00%
Fifth Third Bancorp82$8.82K0.00%
International Assets Investment Management, LLC69$7.42K0.00%
Flagship Harbor Advisors, LLC64$6.93K0.00%
Aviso Financial Inc.54$5.81K0.00%
Fideuram Asset Management (Ireland) dac35$4.56K0.00%
McGuire Capital Advisors Inc34$3.66K0.00%
IFC & Insurance Marketing, Inc.25$3.00K0.00%
Elyxium Wealth, LLC21$2.26K0.00%
SageView Advisory Group, LLC17$1.83K0.00%
Pinnacle Wealth Planning Services, Inc.17$1.83K0.00%
Cornerstone Financial Management LLC17$1.83K0.00%
Optima Capital LLC15$1.61K0.00%
Advocate Investing Services LLC14$1.51K0.00%
Avion Wealth10$1.00K0.00%
Cape Investment Advisory, Inc.7$7530.00%
North Star Investment Management Corp.5$5380.00%
Bogart Wealth, LLC5$5380.00%
Hughes Financial Services, LLC4$4300.00%
Rossby Financial, LCC4$4300.00%
American Capital Advisory, LLC2$2160.00%
NorthAvenue LLC2$2160.00%
Trust Co2$2150.00%
1015 Capital Partners, LLC2$2150.00%

Sold out (71)

Institutions that held Tradeweb Markets Inc. at the end of Q3 2025 and filed for Q4 2025 without it.

Institutions that sold out of TW in Q4 2025
InstitutionShares, Q3 2025Value, Q3 2025
Voloridge Investment Management, LLC126,855$14.1M
Magnetar Financial LLC56,134$6.23M
Jump Financial, LLC41,487$4.60M
Quantbot Technologies LP34,094$3.78M
Campbell & CO Investment Adviser LLC30,667$3.40M
Perbak Capital Partners LLP29,678$3.29M
Edgestream Partners, L.P.28,976$3.22M
Schonfeld Strategic Advisors LLC27,229$3.02M
Aperture Investors, LLC19,557$2.17M
Capstone Investment Advisors, LLC17,405$1.93M
Virtu Financial LLC15,977$1.77M
Dynamic Technology Lab Private Ltd14,422$1.60M
Virtus Investment Advisers, Inc.13,299$1.48M
1832 Asset Management L.P.13,071$1.45M
Harbour Capital Advisors, LLC10,937$1.14M
Achmea Investment Management B.V.10,206$1.13M
Standard Life Aberdeen plc9,213$1.02M
FORA Capital, LLC9,083$1.01M
Sigma Planning Corp8,921$990.1K
Sherbrooke Park Advisers LLC8,749$971.0K
Ossiam8,318$923.1K
Scientech Research LLC6,626$735.4K
Federated Hermes, Inc.6,514$722.9K
Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna5,540$614.8K
Inspire Advisors, LLC5,486$608.8K
Concentric Capital Strategies, LP5,259$583.6K
Trexquant Investment LP5,063$561.9K
Summit Global Investments4,758$528.0K
Blueshift Asset Management, LLC4,430$491.6K
Fox Run Management, L.L.C.4,339$481.5K
R Squared Ltd3,927$435.8K
Beirne Wealth Consulting Services, LLC3,408$378.3K
Caxton Associates LLP3,222$357.6K
Values First Advisors, Inc.2,751$305.3K
Eventide Asset Management, LLC2,676$298.0K
Empowered Funds, LLC2,585$286.9K
Novare Capital Management LLC2,500$277.4K
Coldstream Capital Management Inc2,420$268.6K
Prana Capital Management, LP2,207$244.9K
Gerber Kawasaki Wealth & Investment Management1,995$221.5K
New York State Teachers Retirement System1,971$219.0K
Pictet & Cie (Europe) SA1,970$218.6K
Envestnet Portfolio Solutions, Inc.1,962$217.7K
Boothbay Fund Management, LLC1,888$209.5K
Kestra Private Wealth Services, LLC1,873$207.8K
Advisory Services Network, LLC1,809$200.8K
Fulton Bank, N.A.1,806$200.4K
Ci Investments Inc.1,490$165.0K
Ameritas Advisory Services, LLC775$86.0K
Bartlett & Co. Wealth Management LLC255$28.3K
Hazlett, Burt & Watson, Inc.200$22.0K
Pittenger & Anderson Inc120$13.3K
ORG Partners LLC97$10.8K
Bullock Wealth Management Group85$9.15K
Mather Group, LLC.50$5.55K
Grey Fox Wealth Advisors, LLC41$4.55K
Pathway Financial Advisers, LLC41$4.45K
JPL Wealth Management, LLC35$3.88K
First Pacific Financial28$3.11K
Transamerica Financial Advisors, Inc.24$2.55K
HighMark Wealth Management LLC20$2.22K
Cloud Capital Management, LLC19$2.00K
Glen Eagle Advisors, LLC15$1.67K
Wealthspire Advisors, LLC14$1.55K
Valley National Advisers Inc16$1.00K
Kilter Group LLC9$999
Montag A & Associates Inc8$925
Tortoise Investment Management, LLC5$555
Heartwood Wealth Advisors LLC4$444
NBC Securities, Inc.3$332
Cornerstone Planning Group LLC4–

Not filed for Q4 2025 yet (17)

Institutions that held Tradeweb Markets Inc. at the end of Q3 2025 and haven't filed a 13F for Q4 2025. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding TW in Q3 2025 that haven't filed for Q4 2025
InstitutionShares, Q3 2025Value, Q3 2025
Cubist Systematic Strategies, LLC183,940$20.4M
Ownership Capital B.V.55,490$6.16M
Point72 Hong Kong Ltd27,359$3.04M
Pinebridge Investments, L.P.23,240$2.58M
EFG Asset Management (North America) Corp.22,712$2.52M
Synovus Financial Corp21,610$2.40M
EFG Asset Management (Americas) Corp.18,744$2.08M
Point72 (DIFC) Ltd15,906$1.77M
AXA Investment Managers S.A.10,883$1.21M
Wolverine Trading, LLC4,865$541.8K
CIBC Bancorp USA Inc.4,175$463.3K
Point72 Europe (London) LLP2,137$237.2K
West Oak Capital, LLC600$66.6K
Shell Asset Management Co560$62.0K
Amica Retiree Medical Trust242$27.0K
Hemington Wealth Management47$5.00K
Binnacle Investments Inc16$1.78K