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, Q4 2025
Institutional positions in Tradeweb Markets Inc. as of Dec 31, 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
- 553
- +25 vs. Q3 2025
- Shares held
- 116.3M
- +2.28M (+2.0%) vs. Q3 2025
- Total value
- $12.5B
- −$149.2M (−1.2%) vs. Q3 2025
- New holders
- 96
- 183 more added
- Sold out
- 71
- 221 more reduced
17 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Tradeweb Markets Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| GAMMA Investing LLC | 687 | $73.9K | 0.00% | +24+3.6% | Added |
| Compagnie Lombard Odier SCmA | 747 | $80.3K | 0.00% | +747 | New |
| Penserra Capital Management LLC | 760 | $81.0K | 0.00% | +111+17.1% | Added |
| Park Place Capital Corp | 812 | $87.3K | 0.02% | +812 | New |
| Livforsakringsbolaget Skandia, Omsesidigt | 951 | $102.3K | 0.00% | 00.0% | Unchanged |
| Walleye Trading LLC | 984 | $105.8K | 0.00% | −106−9.7% | Reduced |
| Jones Financial Companies LLLP | 1,035 | $111.3K | 0.00% | +86+9.1% | Added |
| Advisor Group Holdings, Inc. | 1,227 | $131.9K | 0.00% | −5,090−80.6% | Reduced |
| Natixis | 1,272 | $136.8K | 0.00% | −39,517−96.9% | Reduced |
| Parallel Advisors, LLC | 1,297 | $139.5K | 0.00% | +54+4.3% | Added |
| Nisa Investment Advisors, LLC | 1,375 | $147.9K | 0.00% | +1,104+407.4% | Added |
| Family Capital Trust Co | 1,402 | $150.8K | 0.05% | +244+21.1% | Added |
| Whittier Trust Co | 1,491 | $165.1K | 0.00% | 00.0% | Unchanged |
| Siemens Fonds Invest GmbH | 1,594 | $171.9K | 0.01% | −526−24.8% | Reduced |
| Aster Capital Management (DIFC) Ltd | 1,610 | $173.1K | 0.08% | −277−14.7% | Reduced |
| Walleye Capital LLC | 1,712 | $184.1K | 0.00% | −39,735−95.9% | Reduced |
| Essential Partners LLC | 1,874 | $201.5K | 0.06% | +1,639+697.4% | Added |
| The PNC Financial Services Group, Inc. | 1,885 | $202.7K | 0.00% | −219−10.4% | Reduced |
| Sowell Financial Services LLC | 1,891 | $203.3K | 0.01% | −27−1.4% | Reduced |
| First Commonwealth Financial Corp | 1,896 | $203.9K | 0.03% | −3−0.2% | Reduced |
| Metis Global Partners, LLC | 1,953 | $210.0K | 0.00% | −119−5.7% | Reduced |
| Caerus Investment Advisors, LLC | 1,961 | $210.9K | 0.07% | +1,961 | New |
| Tower Research Capital LLC (TRC) | 1,968 | $211.6K | 0.01% | +1,432+267.2% | Added |
| waypoint wealth counsel | 1,983 | $213.3K | 0.08% | +1,983 | New |
| UniSuper Management Pty Ltd | 2,000 | $215.1K | 0.00% | 00.0% | Unchanged |
| Transcend Wealth Collective, LLC | 2,007 | $215.8K | 0.02% | +2,007 | New |
| Perigon Wealth Management, LLC | 2,014 | $216.6K | 0.00% | +2,014 | New |
| Brinker Capital Investments, LLC | 2,031 | $218.4K | 0.00% | +2,031 | New |
| Parcion Private Wealth LLC | 2,046 | $220.0K | 0.01% | +2,046 | New |
| Wellspring Financial Advisors, LLC | 2,063 | $221.9K | 0.02% | +2,063 | New |
| PharVision Advisers, LLC | 2,071 | $222.7K | 0.11% | +2,071 | New |
| Signaturefd, LLC | 2,083 | $224.0K | 0.00% | +320+18.2% | Added |
| Commonwealth Equity Services, LLC | 2,098 | $225.6K | 0.00% | −411−16.4% | Reduced |
| Waddell & Associates, LLC | 2,104 | $226.3K | 0.02% | +2,104 | New |
| Forum Financial Management, LP | 2,130 | $229.1K | 0.00% | +2,130 | New |
| Woodline Partners LP | 2,146 | $230.8K | 0.00% | +2,146 | New |
| Summit Creek Advisors LLC | 2,154 | $231.6K | 0.04% | 00.0% | Unchanged |
| Rothschild Investment LLC | 2,160 | $232.3K | 0.01% | +2,123+5,737.8% | Added |
| Westerkirk Capital Inc. | 2,200 | $236.6K | 0.02% | 00.0% | Unchanged |
| Vise Technologies, Inc. | 2,205 | $237.1K | 0.00% | +2,205 | New |
| Forza Wealth Management, LLC | 2,268 | $243.9K | 0.09% | 00.0% | Unchanged |
| Warren Averett Asset Management, LLC | 2,268 | $243.9K | 0.00% | +2,268 | New |
| EntryPoint Capital, LLC | 2,277 | $244.9K | 0.10% | −1,991−46.6% | Reduced |
| Oxford Asset Management LLP | 2,305 | $247.9K | 0.09% | +2,305 | New |
| Goodman Advisory Group, LLC | 2,366 | $254.4K | 0.06% | −3,661−60.7% | Reduced |
| Covestor Ltd | 2,367 | $255.0K | 0.13% | +391+19.8% | Added |
| MetLife Investment Management | 2,380 | $255.9K | 0.00% | −27−1.1% | Reduced |
| Capital International Sarl | 2,398 | $257.9K | 0.00% | 00.0% | Unchanged |
| Vestcor Inc | 2,457 | $264.0K | 0.01% | 00.0% | Unchanged |
| Jackson Thornton Asset Management, LLC | 2,389 | $264.5K | 0.02% | +2,389 | New |
| Harvest Fund Management Co., Ltd | 2,038 | $267.0K | 0.01% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 2,540 | $273.2K | 0.01% | +2,101+478.6% | Added |
| Machina Capital S.A.S. | 2,551 | $274.3K | 0.05% | −5,092−66.6% | Reduced |
| Laird Norton Trust Company, LLC | 2,580 | $277.5K | 0.01% | +2,580 | New |
| Group One Trading, L.P. | 2,617 | $281.4K | 0.01% | +2,617 | New |
| Nomura Holdings Inc | 2,717 | $292.2K | 0.00% | +2,717 | New |
| Citizens Financial Group Inc | 2,803 | $301.4K | 0.00% | +369+15.2% | Added |
| Stephens Inc | 2,816 | $302.8K | 0.00% | −30−1.1% | Reduced |
| Simplex Trading, LLC | 2,824 | $303.7K | 0.01% | −12,700−81.8% | Reduced |
| Harbour Investments, Inc. | 2,829 | $304.2K | 0.01% | +2,799+9,330.0% | Added |
| B. Metzler seel. Sohn & Co. AG | 2,900 | $311.9K | 0.00% | 00.0% | Unchanged |
| MML Investors Services, LLC | 3,005 | $323.2K | 0.00% | −1,018−25.3% | Reduced |
| Abn Amro Investment Solutions | 3,020 | $324.8K | 0.00% | +3,020 | New |
| Traynor Capital Management, Inc. | 3,045 | $327.5K | 0.02% | 00.0% | Unchanged |
| Kentucky Retirement Systems Insurance Trust Fund | 3,068 | $329.9K | 0.02% | 00.0% | Unchanged |
| QRG Capital Management, Inc. | 3,120 | $335.5K | 0.00% | −180−5.5% | Reduced |
| Janney Montgomery Scott LLC | 3,155 | $339.0K | 0.00% | −616−16.3% | Reduced |
| Principal Financial Group Inc | 3,158 | $339.6K | 0.00% | −1,073−25.4% | Reduced |
| RMB Capital Management, LLC | 3,185 | $342.5K | 0.01% | +3,185 | New |
| State of Wyoming | 3,190 | $343.1K | 0.04% | +2,743+613.6% | Added |
| Comerica Bank | 3,222 | $346.5K | 0.00% | −784−19.6% | Reduced |
| Voleon Capital Management LP | 3,223 | $346.6K | 0.01% | −14,941−82.3% | Reduced |
| Schroder Investment Management Group | 3,230 | $347.4K | 0.00% | −3,863−54.5% | Reduced |
| Dynamic Advisor Solutions LLC | 3,340 | $359.2K | 0.01% | −288−7.9% | Reduced |
| TFB Advisors LLC | 3,354 | $360.7K | 0.10% | −1,013−23.2% | Reduced |
| Truist Financial Corp | 3,373 | $362.7K | 0.00% | −1,028−23.4% | Reduced |
| Yarbrough Capital, LLC | 3,426 | $368.4K | 0.01% | 00.0% | Unchanged |
| Lifestyle Asset Management, Inc. | 3,455 | $371.6K | 0.12% | +314+10.0% | Added |
| Flputnam Investment Management Co | 3,469 | $373.0K | 0.01% | −702−16.8% | Reduced |
| Steward Partners Investment Advisory, LLC | 3,486 | $374.8K | 0.00% | +37+1.1% | Added |
| Amica Mutual Insurance Co | 3,630 | $390.0K | 0.03% | +630+21.0% | Added |
| O'Shaughnessy Asset Management, LLC | 3,632 | $390.6K | 0.00% | −1,062−22.6% | Reduced |
| Farther Finance Advisors, LLC | 3,640 | $391.4K | 0.00% | +1,070+41.6% | Added |
| TD Waterhouse Canada Inc. | 3,654 | $393.0K | 0.00% | +469+14.7% | Added |
| J. Safra Sarasin Holding AG | 3,701 | $398.0K | 0.01% | +3,701 | New |
| Oak Thistle LLC | 3,704 | $398.3K | 0.06% | −6,393−63.3% | Reduced |
| Macquarie Group Ltd | 3,727 | $400.8K | 0.00% | −54,104−93.6% | Reduced |
| Principal Securities, Inc. | 3,734 | $401.6K | 0.01% | +783+26.5% | Added |
| Qtron Investments LLC | 3,748 | $403.1K | 0.05% | +1,791+91.5% | Added |
| Teacher Retirement System of Texas | 3,854 | $414.5K | 0.00% | −11,404−74.7% | Reduced |
| Aigen Investment Management, LP | 3,903 | $419.7K | 0.10% | −17,380−81.7% | Reduced |
| CIBC World Markets Corp | 4,041 | $434.6K | 0.00% | +4,041 | New |
| Oppenheimer Asset Management Inc. | 4,063 | $436.9K | 0.01% | −352−8.0% | Reduced |
| NorthCrest Asset Manangement, LLC | 3,982 | $440.0K | 0.01% | +3,982 | New |
| North Dakota State Investment Board | 4,105 | $441.5K | 0.02% | +4,105 | New |
| E. Ohman J:or Asset Management AB | 4,124 | $443.5K | 0.01% | +4,124 | New |
| Evergreen Capital Management LLC | 4,151 | $446.4K | 0.01% | +324+8.5% | Added |
| Argent Trust Co | 4,227 | $454.6K | 0.02% | +2,280+117.1% | Added |
| Bangor Savings Bank | 4,246 | $456.6K | 0.04% | −804−15.9% | Reduced |
| Exchange Traded Concepts, LLC | 4,368 | $469.7K | 0.00% | +159+3.8% | Added |