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 |
|---|---|---|---|---|---|
| Guggenheim Capital LLC | 6,762 | $727.2K | 0.01% | −99−1.4% | Reduced |
| AG2R la Mondiale Gestion D'Actifs | 6,694 | $719.9K | 0.03% | +916+15.9% | Added |
| HighTower Advisors, LLC | 6,600 | $709.7K | 0.00% | +313+5.0% | Added |
| Sivia Capital Partners, LLC | 6,552 | $704.6K | 0.14% | +6,552 | New |
| Bridgefront Capital, LLC | 6,512 | $700.3K | 0.18% | −6,311−49.2% | Reduced |
| Sterling Capital Management LLC | 6,402 | $688.5K | 0.01% | −217−3.3% | Reduced |
| Plato Investment Management Ltd | 6,316 | $682.5K | 0.04% | 00.0% | Unchanged |
| Amalgamated Bank | 6,228 | $670.0K | 0.00% | −1,648−20.9% | Reduced |
| Sanctuary Advisors, LLC | 6,186 | $665.3K | 0.00% | +2,320+60.0% | Added |
| Utah Retirement Systems | 6,163 | $662.8K | 0.01% | 00.0% | Unchanged |
| AdvisorNet Financial, Inc | 6,088 | $654.7K | 0.03% | −6−0.1% | Reduced |
| Gulf International Bank (UK) Ltd | 6,043 | $650.0K | 0.02% | 00.0% | Unchanged |
| Stifel Financial Corp | 6,004 | $645.7K | 0.00% | −2,048−25.4% | Reduced |
| Pallas Capital Advisors LLC | 5,978 | $642.9K | 0.02% | +5,978 | New |
| EP Wealth Advisors, LLC | 5,975 | $642.6K | 0.00% | +5,975 | New |
| HB Wealth Management, LLC | 5,943 | $639.1K | 0.00% | +2,054+52.8% | Added |
| Manufacturers Life Insurance Company, The | 5,813 | $625.1K | 0.00% | −31,584−84.5% | Reduced |
| Maryland State Retirement & Pension System | 5,731 | $616.3K | 0.01% | 00.0% | Unchanged |
| Hamilton Capital Partners Inc. | 5,688 | $611.7K | 0.02% | +545+10.6% | Added |
| Wealth Enhancement Trust Services, Inc. | 5,687 | $611.6K | 0.08% | +5,687 | New |
| Lazard Asset Management LLC | 5,662 | $608.9K | 0.00% | 00.0% | Unchanged |
| Eurizon Capital SGR S.p.A. | 5,625 | $604.9K | 0.00% | +5,625 | New |
| Bokf, NA | 5,483 | $589.6K | 0.01% | −1,770−24.4% | Reduced |
| BI Asset Management Fondsmaeglerselskab A/S | 5,424 | $583.0K | 0.01% | −20,213−78.8% | Reduced |
| Lavelle Capital LP | 5,420 | $582.9K | 0.37% | +5,420 | New |
| Prudential Financial Inc | 5,283 | $569.8K | 0.00% | −3,410−39.2% | Reduced |
| Horizon Kinetics Asset Management LLC | 5,283 | $568.1K | 0.01% | 00.0% | Unchanged |
| CIBC Asset Management Inc | 5,229 | $562.3K | 0.00% | +1,514+40.8% | Added |
| Fiduciary Trust Co | 5,159 | $554.8K | 0.01% | −716−12.2% | Reduced |
| Royal London Asset Management Ltd | 5,135 | $552.2K | 0.00% | 00.0% | Unchanged |
| Ofi Invest Asset Management | 5,174 | $548.1K | 0.01% | +4,655+896.9% | Added |
| Boston Private Wealth LLC | 5,078 | $546.1K | 0.03% | −2,287−31.1% | Reduced |
| Verition Fund Management LLC | 5,069 | $545.1K | 0.00% | −17,516−77.6% | Reduced |
| Vident Advisory, LLC | 5,067 | $544.9K | 0.01% | −2,227−30.5% | Reduced |
| Capital Group Private Client Services, Inc. | 5,059 | $544.0K | 0.01% | −130−2.5% | Reduced |
| Rockefeller Capital Management L.P. | 5,041 | $542.1K | 0.00% | −1,753−25.8% | Reduced |
| Rakuten Investment Management, Inc. | 4,933 | $534.1K | 0.00% | −29,984−85.9% | Reduced |
| one8zero8, LLC | 4,950 | $532.3K | 0.12% | +1,200+32.0% | Added |
| Integrated Wealth Concepts LLC | 4,916 | $528.7K | 0.01% | +934+23.5% | Added |
| Venture Visionary Partners LLC | 4,833 | $519.7K | 0.02% | +1,733+55.9% | Added |
| Federation des caisses Desjardins du Quebec | 4,823 | $518.7K | 0.00% | +733+17.9% | Added |
| ASR Vermogensbeheer N.V. | 4,775 | $513.5K | 0.01% | −45−0.9% | Reduced |
| Hunting Hill Global Capital, LLC | 4,687 | $504.0K | 0.50% | −6,913−59.6% | Reduced |
| Kirtland Hills Capital Management, LLC | 4,649 | $499.9K | 0.18% | −108−2.3% | Reduced |
| Allspring Global Investments Holdings, LLC | 4,639 | $492.7K | 0.00% | −1,049−18.4% | Reduced |
| NewEdge Wealth, LLC | 4,576 | $492.1K | 0.01% | +79+1.8% | Added |
| Sompo Asset Management Co., Ltd. | 4,510 | $485.0K | 0.08% | +2,390+112.7% | Added |
| Park Avenue Securities LLC | 4,509 | $485.0K | 0.00% | −943−17.3% | Reduced |
| Tokio Marine Asset Management Co Ltd | 4,503 | $484.3K | 0.02% | 00.0% | Unchanged |
| Krilogy Financial LLC | 4,548 | $483.6K | 0.02% | −18,334−80.1% | Reduced |
| Sava Infond d.o.o. | 4,450 | $478.6K | 0.06% | −1,400−23.9% | Reduced |
| Evolve Private Wealth, LLC | 4,424 | $475.8K | 0.03% | +4,424 | New |
| PEAK6 LLC | 4,384 | $471.5K | 0.01% | +4,384 | New |
| Exchange Traded Concepts, LLC | 4,368 | $469.7K | 0.00% | +159+3.8% | Added |
| Bangor Savings Bank | 4,246 | $456.6K | 0.04% | −804−15.9% | Reduced |
| Argent Trust Co | 4,227 | $454.6K | 0.02% | +2,280+117.1% | Added |
| Evergreen Capital Management LLC | 4,151 | $446.4K | 0.01% | +324+8.5% | Added |
| E. Ohman J:or Asset Management AB | 4,124 | $443.5K | 0.01% | +4,124 | New |
| North Dakota State Investment Board | 4,105 | $441.5K | 0.02% | +4,105 | New |
| NorthCrest Asset Manangement, LLC | 3,982 | $440.0K | 0.01% | +3,982 | New |
| Oppenheimer Asset Management Inc. | 4,063 | $436.9K | 0.01% | −352−8.0% | Reduced |
| CIBC World Markets Corp | 4,041 | $434.6K | 0.00% | +4,041 | New |
| Aigen Investment Management, LP | 3,903 | $419.7K | 0.10% | −17,380−81.7% | Reduced |
| Teacher Retirement System of Texas | 3,854 | $414.5K | 0.00% | −11,404−74.7% | Reduced |
| Qtron Investments LLC | 3,748 | $403.1K | 0.05% | +1,791+91.5% | Added |
| Principal Securities, Inc. | 3,734 | $401.6K | 0.01% | +783+26.5% | Added |
| Macquarie Group Ltd | 3,727 | $400.8K | 0.00% | −54,104−93.6% | Reduced |
| Oak Thistle LLC | 3,704 | $398.3K | 0.06% | −6,393−63.3% | Reduced |
| J. Safra Sarasin Holding AG | 3,701 | $398.0K | 0.01% | +3,701 | New |
| TD Waterhouse Canada Inc. | 3,654 | $393.0K | 0.00% | +469+14.7% | Added |
| Farther Finance Advisors, LLC | 3,640 | $391.4K | 0.00% | +1,070+41.6% | Added |
| O'Shaughnessy Asset Management, LLC | 3,632 | $390.6K | 0.00% | −1,062−22.6% | Reduced |
| Amica Mutual Insurance Co | 3,630 | $390.0K | 0.03% | +630+21.0% | Added |
| Steward Partners Investment Advisory, LLC | 3,486 | $374.8K | 0.00% | +37+1.1% | Added |
| Flputnam Investment Management Co | 3,469 | $373.0K | 0.01% | −702−16.8% | Reduced |
| Lifestyle Asset Management, Inc. | 3,455 | $371.6K | 0.12% | +314+10.0% | Added |
| Yarbrough Capital, LLC | 3,426 | $368.4K | 0.01% | 00.0% | Unchanged |
| Truist Financial Corp | 3,373 | $362.7K | 0.00% | −1,028−23.4% | Reduced |
| TFB Advisors LLC | 3,354 | $360.7K | 0.10% | −1,013−23.2% | Reduced |
| Dynamic Advisor Solutions LLC | 3,340 | $359.2K | 0.01% | −288−7.9% | Reduced |
| Schroder Investment Management Group | 3,230 | $347.4K | 0.00% | −3,863−54.5% | Reduced |
| Voleon Capital Management LP | 3,223 | $346.6K | 0.01% | −14,941−82.3% | Reduced |
| Comerica Bank | 3,222 | $346.5K | 0.00% | −784−19.6% | Reduced |
| State of Wyoming | 3,190 | $343.1K | 0.04% | +2,743+613.6% | Added |
| RMB Capital Management, LLC | 3,185 | $342.5K | 0.01% | +3,185 | New |
| Principal Financial Group Inc | 3,158 | $339.6K | 0.00% | −1,073−25.4% | Reduced |
| Janney Montgomery Scott LLC | 3,155 | $339.0K | 0.00% | −616−16.3% | Reduced |
| QRG Capital Management, Inc. | 3,120 | $335.5K | 0.00% | −180−5.5% | Reduced |
| Kentucky Retirement Systems Insurance Trust Fund | 3,068 | $329.9K | 0.02% | 00.0% | Unchanged |
| Traynor Capital Management, Inc. | 3,045 | $327.5K | 0.02% | 00.0% | Unchanged |
| Abn Amro Investment Solutions | 3,020 | $324.8K | 0.00% | +3,020 | New |
| MML Investors Services, LLC | 3,005 | $323.2K | 0.00% | −1,018−25.3% | Reduced |
| B. Metzler seel. Sohn & Co. AG | 2,900 | $311.9K | 0.00% | 00.0% | Unchanged |
| Harbour Investments, Inc. | 2,829 | $304.2K | 0.01% | +2,799+9,330.0% | Added |
| Simplex Trading, LLC | 2,824 | $303.7K | 0.01% | −12,700−81.8% | Reduced |
| Stephens Inc | 2,816 | $302.8K | 0.00% | −30−1.1% | Reduced |
| Citizens Financial Group Inc | 2,803 | $301.4K | 0.00% | +369+15.2% | Added |
| Nomura Holdings Inc | 2,717 | $292.2K | 0.00% | +2,717 | New |
| Group One Trading, L.P. | 2,617 | $281.4K | 0.01% | +2,617 | New |
| Laird Norton Trust Company, LLC | 2,580 | $277.5K | 0.01% | +2,580 | New |