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 |
|---|---|---|---|---|---|
| Machina Capital S.A.S. | 2,551 | $274.3K | 0.05% | −5,092−66.6% | Reduced |
| EverSource Wealth Advisors, LLC | 2,540 | $273.2K | 0.01% | +2,101+478.6% | Added |
| Harvest Fund Management Co., Ltd | 2,038 | $267.0K | 0.01% | 00.0% | Unchanged |
| Jackson Thornton Asset Management, LLC | 2,389 | $264.5K | 0.02% | +2,389 | New |
| Vestcor Inc | 2,457 | $264.0K | 0.01% | 00.0% | Unchanged |
| Capital International Sarl | 2,398 | $257.9K | 0.00% | 00.0% | Unchanged |
| MetLife Investment Management | 2,380 | $255.9K | 0.00% | −27−1.1% | Reduced |
| Covestor Ltd | 2,367 | $255.0K | 0.13% | +391+19.8% | Added |
| Goodman Advisory Group, LLC | 2,366 | $254.4K | 0.06% | −3,661−60.7% | Reduced |
| Oxford Asset Management LLP | 2,305 | $247.9K | 0.09% | +2,305 | New |
| EntryPoint Capital, LLC | 2,277 | $244.9K | 0.10% | −1,991−46.6% | Reduced |
| 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 |
| Vise Technologies, Inc. | 2,205 | $237.1K | 0.00% | +2,205 | New |
| Westerkirk Capital Inc. | 2,200 | $236.6K | 0.02% | 00.0% | Unchanged |
| Rothschild Investment LLC | 2,160 | $232.3K | 0.01% | +2,123+5,737.8% | Added |
| Summit Creek Advisors LLC | 2,154 | $231.6K | 0.04% | 00.0% | Unchanged |
| Woodline Partners LP | 2,146 | $230.8K | 0.00% | +2,146 | New |
| Forum Financial Management, LP | 2,130 | $229.1K | 0.00% | +2,130 | New |
| Waddell & Associates, LLC | 2,104 | $226.3K | 0.02% | +2,104 | New |
| Commonwealth Equity Services, LLC | 2,098 | $225.6K | 0.00% | −411−16.4% | Reduced |
| Signaturefd, LLC | 2,083 | $224.0K | 0.00% | +320+18.2% | Added |
| PharVision Advisers, LLC | 2,071 | $222.7K | 0.11% | +2,071 | New |
| Wellspring Financial Advisors, LLC | 2,063 | $221.9K | 0.02% | +2,063 | New |
| Parcion Private Wealth LLC | 2,046 | $220.0K | 0.01% | +2,046 | New |
| Brinker Capital Investments, LLC | 2,031 | $218.4K | 0.00% | +2,031 | New |
| Perigon Wealth Management, LLC | 2,014 | $216.6K | 0.00% | +2,014 | New |
| Transcend Wealth Collective, LLC | 2,007 | $215.8K | 0.02% | +2,007 | New |
| UniSuper Management Pty Ltd | 2,000 | $215.1K | 0.00% | 00.0% | Unchanged |
| waypoint wealth counsel | 1,983 | $213.3K | 0.08% | +1,983 | New |
| Tower Research Capital LLC (TRC) | 1,968 | $211.6K | 0.01% | +1,432+267.2% | Added |
| Caerus Investment Advisors, LLC | 1,961 | $210.9K | 0.07% | +1,961 | New |
| Metis Global Partners, LLC | 1,953 | $210.0K | 0.00% | −119−5.7% | Reduced |
| First Commonwealth Financial Corp | 1,896 | $203.9K | 0.03% | −3−0.2% | Reduced |
| Sowell Financial Services LLC | 1,891 | $203.3K | 0.01% | −27−1.4% | Reduced |
| The PNC Financial Services Group, Inc. | 1,885 | $202.7K | 0.00% | −219−10.4% | Reduced |
| Essential Partners LLC | 1,874 | $201.5K | 0.06% | +1,639+697.4% | Added |
| Walleye Capital LLC | 1,712 | $184.1K | 0.00% | −39,735−95.9% | Reduced |
| Aster Capital Management (DIFC) Ltd | 1,610 | $173.1K | 0.08% | −277−14.7% | Reduced |
| Siemens Fonds Invest GmbH | 1,594 | $171.9K | 0.01% | −526−24.8% | Reduced |
| Whittier Trust Co | 1,491 | $165.1K | 0.00% | 00.0% | Unchanged |
| Family Capital Trust Co | 1,402 | $150.8K | 0.05% | +244+21.1% | Added |
| Nisa Investment Advisors, LLC | 1,375 | $147.9K | 0.00% | +1,104+407.4% | Added |
| Parallel Advisors, LLC | 1,297 | $139.5K | 0.00% | +54+4.3% | Added |
| Natixis | 1,272 | $136.8K | 0.00% | −39,517−96.9% | Reduced |
| Advisor Group Holdings, Inc. | 1,227 | $131.9K | 0.00% | −5,090−80.6% | Reduced |
| Jones Financial Companies LLLP | 1,035 | $111.3K | 0.00% | +86+9.1% | Added |
| Walleye Trading LLC | 984 | $105.8K | 0.00% | −106−9.7% | Reduced |
| Livforsakringsbolaget Skandia, Omsesidigt | 951 | $102.3K | 0.00% | 00.0% | Unchanged |
| Park Place Capital Corp | 812 | $87.3K | 0.02% | +812 | New |
| Penserra Capital Management LLC | 760 | $81.0K | 0.00% | +111+17.1% | Added |
| Compagnie Lombard Odier SCmA | 747 | $80.3K | 0.00% | +747 | New |
| GAMMA Investing LLC | 687 | $73.9K | 0.00% | +24+3.6% | Added |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 700 | $72.7K | 0.00% | −110−13.6% | Reduced |
| True Wealth Design, LLC | 642 | $69.0K | 0.02% | +607+1,734.3% | Added |
| Ronald Blue Trust, Inc. | 605 | $65.1K | 0.00% | +16+2.7% | Added |
| S-Bank Fund Management Ltd | 563 | $60.5K | 0.01% | −11−1.9% | Reduced |
| IFP Advisors, Inc | 521 | $56.0K | 0.00% | −884−62.9% | Reduced |
| Los Angeles Capital Management LLC | 515 | $53.6K | 0.00% | −147,393−99.7% | Reduced |
| Global Retirement Partners, LLC | 457 | $49.1K | 0.00% | +413+938.6% | Added |
| EFG International AG | 430 | $46.2K | 0.00% | +430 | New |
| Kestra Advisory Services, LLC | 428 | $46.0K | 0.00% | +428 | New |
| Quarry LP | 397 | $42.7K | 0.01% | −360−47.6% | Reduced |
| SBI Securities Co., Ltd. | 355 | $38.2K | 0.00% | −20−5.3% | Reduced |
| TD Private Client Wealth LLC | 308 | $33.1K | 0.00% | −143−31.7% | Reduced |
| Spire Wealth Management | 300 | $32.3K | 0.00% | −312−51.0% | Reduced |
| Barrett & Company, Inc. | 300 | $32.3K | 0.01% | 00.0% | Unchanged |
| Larson Financial Group LLC | 291 | $31.3K | 0.00% | +233+401.7% | Added |
| MAI Capital Management | 288 | $31.0K | 0.00% | +60+26.3% | Added |
| Smartleaf Asset Management LLC | 264 | $28.5K | 0.00% | −23−8.0% | Reduced |
| St Germain D J Co Inc | 241 | $25.9K | 0.00% | 00.0% | Unchanged |
| Whittier Trust Co of Nevada Inc | 232 | $25.7K | 0.00% | 00.0% | Unchanged |
| Basecamp Wealth Advisors LLC | 235 | $25.3K | 0.01% | +235 | New |
| Ancora Advisors, LLC | 226 | $24.3K | 0.00% | +226 | New |
| SRS Capital Advisors, Inc. | 212 | $22.8K | 0.00% | −479−69.3% | Reduced |
| TFC Financial Management | 210 | $22.6K | 0.00% | 00.0% | Unchanged |
| SJS Investment Consulting Inc. | 186 | $20.0K | 0.00% | +179+2,557.1% | Added |
| Liberty One Investment Management, LLC | 160 | $17.2K | 0.00% | −2,367−93.7% | Reduced |
| GWM Advisors LLC | 152 | $16.4K | 0.00% | −25−14.1% | Reduced |
| Geneos Wealth Management Inc. | 149 | $16.0K | 0.00% | 00.0% | Unchanged |
| Huntington National Bank | 149 | $16.0K | 0.00% | −34−18.6% | Reduced |
| Vaughan Nelson Investment Management, L.P. | 140 | $15.1K | 0.00% | −35,925−99.6% | Reduced |
| Activest Wealth Management | 126 | $13.6K | 0.00% | +126 | New |
| Bell Investment Advisors, Inc | 125 | $13.4K | 0.00% | −14−10.1% | Reduced |
| Bruce G. Allen Investments, LLC | 124 | $13.3K | 0.01% | +83+202.4% | Added |
| Root Financial Partners, LLC | 122 | $13.1K | 0.00% | +1+0.8% | Added |
| Salomon & Ludwin, LLC | 109 | $12.0K | 0.00% | +109 | New |
| Boreal Capital Management LLC | 110 | $11.8K | 0.01% | 00.0% | Unchanged |
| First Horizon Corp | 104 | $11.2K | 0.00% | −188−64.4% | Reduced |
| Parkside Financial Bank & Trust | 102 | $11.0K | 0.00% | +40+64.5% | Added |
| Armstrong Advisory Group, Inc | 101 | $10.9K | 0.00% | 00.0% | Unchanged |
| National Bank of Canada | 97 | $10.4K | 0.00% | −785−89.0% | Reduced |
| Capital Advisors, Ltd. LLC | 90 | $10.0K | 0.00% | 00.0% | Unchanged |
| Massmutual Trust Co FSB | 90 | $9.68K | 0.00% | +60+200.0% | Added |
| Versant Capital Management, Inc | 87 | $9.36K | 0.00% | −53−37.9% | Reduced |
| Keating Financial Advisory Services, Inc. | 87 | $9.36K | 0.00% | +87 | New |
| Zions Bancorporation, National Association | 83 | $8.93K | 0.00% | +66+388.2% | Added |
| Fifth Third Bancorp | 82 | $8.82K | 0.00% | +82 | New |
| Crewe Advisors LLC | 75 | $8.07K | 0.00% | 00.0% | Unchanged |
| JFS Wealth Advisors, LLC | 73 | $7.85K | 0.00% | +18+32.7% | Added |