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 |
|---|---|---|---|---|---|
| CIBC Private Wealth Group, LLC | 357,060 | $38.4M | 0.06% | −29,957−7.7% | Reduced |
| Millennium Management LLC | 368,189 | $39.6M | 0.03% | −70,911−16.1% | Reduced |
| Bamco Inc | 381,337 | $41.0M | 0.11% | −10,773−2.7% | Reduced |
| Primecap Management Co | 420,272 | $45.2M | 0.03% | −126,740−23.2% | Reduced |
| D. E. Shaw & Co., Inc. | 428,918 | $46.1M | 0.04% | −160,930−27.3% | Reduced |
| Neuberger Berman Group LLC | 445,541 | $47.9M | 0.04% | −42,160−8.6% | Reduced |
| AustralianSuper Pty Ltd | 449,823 | $48.4M | 0.22% | +173,967+63.1% | Added |
| Colony Group, LLC | 457,493 | $49.2M | 0.06% | +28,973+6.8% | Added |
| Dimensional Fund Advisors LP | 473,666 | $50.9M | 0.01% | +48,616+11.4% | Added |
| Qube Research & Technologies Ltd | 481,130 | $51.7M | 0.07% | −457,179−48.7% | Reduced |
| Stephens Investment Management Group LLC | 489,841 | $52.7M | 0.69% | +410+0.1% | Added |
| Victory Capital Management Inc | 505,435 | $54.4M | 0.03% | +56,760+12.7% | Added |
| Square Wave Capital, LLC | 525,600 | $56.5M | 13.14% | +107,737+25.8% | Added |
| Mawer Investment Management Ltd. | 531,171 | $57.1M | 0.32% | +62,575+13.4% | Added |
| HMI Capital Management, L.P. | 532,000 | $57.2M | 4.70% | +93,500+21.3% | Added |
| FMR LLC | 566,419 | $60.9M | 0.00% | −1,040,048−64.7% | Reduced |
| Bank of America Corp | 585,877 | $63.0M | 0.00% | −98,363−14.4% | Reduced |
| Renaissance Technologies LLC | 592,518 | $63.7M | 0.10% | −1,052,302−64.0% | Reduced |
| Two Sigma Investments, LP | 597,825 | $64.3M | 0.10% | +93,825+18.6% | Added |
| FIL Ltd | 619,681 | $66.6M | 0.05% | +199,954+47.6% | Added |
| Nomura Asset Management Co Ltd | 641,169 | $69.0M | 0.17% | +71,331+12.5% | Added |
| UBS Asset Management Americas Inc | 653,236 | $70.2M | 0.01% | +48,839+8.1% | Added |
| Northern Trust Corp | 661,961 | $71.2M | 0.01% | −3,276−0.5% | Reduced |
| Fiera Capital Corp | 712,369 | $76.6M | 0.24% | −171,629−19.4% | Reduced |
| Kensico Capital Management Corp | 728,100 | $78.3M | 1.33% | +266,100+57.6% | Added |
| Charles Schwab Investment Management Inc | 932,336 | $100.3M | 0.02% | +18,308+2.0% | Added |
| UBS Group AG | 945,414 | $101.7M | 0.02% | +488,843+107.1% | Added |
| Harding Loevner LP | 1,121,185 | $120.6M | 1.06% | −182,491−14.0% | Reduced |
| CCLA Investment Management Ltd | 1,182,118 | $127.1M | 2.04% | +33,501+2.9% | Added |
| JPMorgan Chase & Co | 1,215,198 | $130.7M | 0.01% | −1,233,903−50.4% | Reduced |
| Champlain Investment Partners, LLC | 1,216,346 | $130.8M | 1.32% | +245,846+25.3% | Added |
| Capital International Investors | 1,259,524 | $135.4M | 0.02% | +696,031+123.5% | Added |
| American Century Companies Inc | 1,410,527 | $151.7M | 0.08% | −384,563−21.4% | Reduced |
| Norges Bank | 1,521,189 | $163.6M | 0.02% | +1,521,189 | New |
| Bessemer Group Inc | 1,572,505 | $169.1M | 0.26% | −46,000−2.8% | Reduced |
| TD Asset Management Inc | 1,586,395 | $170.6M | 0.14% | +12,707+0.8% | Added |
| Ninety One UK Ltd | 1,621,694 | $174.4M | 0.37% | +16,699+1.0% | Added |
| Nordea Investment Management AB | 1,621,318 | $174.8M | 0.15% | +134,313+9.0% | Added |
| Morgan Stanley | 1,713,418 | $184.3M | 0.01% | +96,298+6.0% | Added |
| AQR Capital Management LLC | 1,854,882 | $199.5M | 0.10% | +1,375,925+287.3% | Added |
| Geode Capital Management, LLC | 2,079,100 | $222.9M | 0.01% | +75,769+3.8% | Added |
| Capital World Investors | 2,075,580 | $223.2M | 0.03% | +30,233+1.5% | Added |
| Franklin Resources Inc | 2,170,827 | $233.5M | 0.06% | −1,438,641−39.9% | Reduced |
| Carmignac Gestion | 2,214,400 | $238.1M | 3.22% | +954,600+75.8% | Added |
| Grantham, Mayo, Van Otterloo & Co. LLC | 2,518,721 | $270.9M | 0.69% | +549,685+27.9% | Added |
| Cantillon Capital Management LLC | 2,688,245 | $289.1M | 1.56% | +753,923+39.0% | Added |
| State Street Corp | 2,704,112 | $290.8M | 0.01% | +24,552+0.9% | Added |
| Viking Global Investors LPSuperinvestorViking Global Investors | 2,768,659 | $297.7M | 0.79% | +2,768,659 | New |
| T. Rowe Price Investment Management, Inc. | 2,896,875 | $311.5M | 0.20% | +618,601+27.2% | Added |
| BlackRock, Inc. | 6,843,451 | $735.9M | 0.01% | −1,050,677−13.3% | Reduced |
| Wellington Management Group LLP | 9,349,923 | $1.01B | 0.18% | +378,257+4.2% | Added |
| Vanguard Group Inc | 11,955,735 | $1.29B | 0.02% | −687,277−5.4% | Reduced |
| Price T Rowe Associates Inc | 15,790,200 | $1.70B | 0.18% | +2,904,984+22.5% | Added |
| Voloridge Investment Management, LLC | 0 | $0 | 0.00% | −126,855−100.0% | Sold out |
| Magnetar Financial LLC | 0 | $0 | 0.00% | −56,134−100.0% | Sold out |
| Jump Financial, LLC | 0 | $0 | 0.00% | −41,487−100.0% | Sold out |
| Quantbot Technologies LP | 0 | $0 | 0.00% | −34,094−100.0% | Sold out |
| Campbell & CO Investment Adviser LLC | 0 | $0 | 0.00% | −30,667−100.0% | Sold out |
| Perbak Capital Partners LLP | 0 | $0 | 0.00% | −29,678−100.0% | Sold out |
| Edgestream Partners, L.P. | 0 | $0 | 0.00% | −28,976−100.0% | Sold out |
| Schonfeld Strategic Advisors LLC | 0 | $0 | 0.00% | −27,229−100.0% | Sold out |
| Aperture Investors, LLC | 0 | $0 | 0.00% | −19,557−100.0% | Sold out |
| Capstone Investment Advisors, LLC | 0 | $0 | 0.00% | −17,405−100.0% | Sold out |
| Virtu Financial LLC | 0 | $0 | 0.00% | −15,977−100.0% | Sold out |
| Dynamic Technology Lab Private Ltd | 0 | $0 | 0.00% | −14,422−100.0% | Sold out |
| Virtus Investment Advisers, Inc. | 0 | $0 | 0.00% | −13,299−100.0% | Sold out |
| 1832 Asset Management L.P. | 0 | $0 | 0.00% | −13,071−100.0% | Sold out |
| Harbour Capital Advisors, LLC | 0 | $0 | 0.00% | −10,937−100.0% | Sold out |
| Achmea Investment Management B.V. | 0 | $0 | 0.00% | −10,206−100.0% | Sold out |
| Standard Life Aberdeen plc | 0 | $0 | 0.00% | −9,213−100.0% | Sold out |
| FORA Capital, LLC | 0 | $0 | 0.00% | −9,083−100.0% | Sold out |
| Sigma Planning Corp | 0 | $0 | 0.00% | −8,921−100.0% | Sold out |
| Sherbrooke Park Advisers LLC | 0 | $0 | 0.00% | −8,749−100.0% | Sold out |
| Ossiam | 0 | $0 | 0.00% | −8,318−100.0% | Sold out |
| Scientech Research LLC | 0 | $0 | 0.00% | −6,626−100.0% | Sold out |
| Federated Hermes, Inc. | 0 | $0 | 0.00% | −6,514−100.0% | Sold out |
| Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna | 0 | $0 | 0.00% | −5,540−100.0% | Sold out |
| Inspire Advisors, LLC | 0 | $0 | 0.00% | −5,486−100.0% | Sold out |
| Concentric Capital Strategies, LP | 0 | $0 | 0.00% | −5,259−100.0% | Sold out |
| Trexquant Investment LP | 0 | $0 | 0.00% | −5,063−100.0% | Sold out |
| Summit Global Investments | 0 | $0 | 0.00% | −4,758−100.0% | Sold out |
| Blueshift Asset Management, LLC | 0 | $0 | 0.00% | −4,430−100.0% | Sold out |
| Fox Run Management, L.L.C. | 0 | $0 | 0.00% | −4,339−100.0% | Sold out |
| R Squared Ltd | 0 | $0 | 0.00% | −3,927−100.0% | Sold out |
| Beirne Wealth Consulting Services, LLC | 0 | $0 | 0.00% | −3,408−100.0% | Sold out |
| Caxton Associates LLP | 0 | $0 | 0.00% | −3,222−100.0% | Sold out |
| Values First Advisors, Inc. | 0 | $0 | 0.00% | −2,751−100.0% | Sold out |
| Eventide Asset Management, LLC | 0 | $0 | 0.00% | −2,676−100.0% | Sold out |
| Empowered Funds, LLC | 0 | $0 | 0.00% | −2,585−100.0% | Sold out |
| Novare Capital Management LLC | 0 | $0 | 0.00% | −2,500−100.0% | Sold out |
| Coldstream Capital Management Inc | 0 | $0 | 0.00% | −2,420−100.0% | Sold out |
| Prana Capital Management, LP | 0 | $0 | 0.00% | −2,207−100.0% | Sold out |
| Gerber Kawasaki Wealth & Investment Management | 0 | $0 | 0.00% | −1,995−100.0% | Sold out |
| New York State Teachers Retirement System | 0 | $0 | 0.00% | −1,971−100.0% | Sold out |
| Pictet & Cie (Europe) SA | 0 | $0 | 0.00% | −1,970−100.0% | Sold out |
| Envestnet Portfolio Solutions, Inc. | 0 | $0 | 0.00% | −1,962−100.0% | Sold out |
| Boothbay Fund Management, LLC | 0 | $0 | 0.00% | −1,888−100.0% | Sold out |
| Kestra Private Wealth Services, LLC | 0 | $0 | 0.00% | −1,873−100.0% | Sold out |
| Advisory Services Network, LLC | 0 | $0 | 0.00% | −1,809−100.0% | Sold out |
| Fulton Bank, N.A. | 0 | $0 | 0.00% | −1,806−100.0% | Sold out |