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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, Q1 2026

Institutional positions in Tradeweb Markets Inc. as of Mar 31, 2026. 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
585
+40 vs. Q4 2025
Shares held
116.5M
+15.3M (+15.1%) vs. Q4 2025
Total value
$13.7B
+$2.82B (+25.9%) vs. Q4 2025
New holders
100
240 more added
Sold out
60
186 more reduced

8 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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.

Institutional holdersQ1 2026: 585 institutions
Q1 2021: 279 institutionsQ2 2021: 277 institutionsQ3 2021: 296 institutionsQ4 2021: 320 institutionsQ1 2022: 321 institutionsQ2 2022: 334 institutionsQ3 2022: 333 institutionsQ4 2022: 341 institutionsQ1 2023: 355 institutionsQ2 2023: 344 institutionsQ3 2023: 365 institutionsQ4 2023: 411 institutionsQ1 2024: 442 institutionsQ2 2024: 438 institutionsQ3 2024: 451 institutionsQ4 2024: 533 institutionsQ1 2025: 550 institutionsQ2 2025: 572 institutionsQ3 2025: 545 institutionsQ4 2025: 553 institutionsQ1 2026: 585 institutionsQ2 2026: 565 institutions
Value heldQ1 2026: $13.7B
Q1 2021: $7.70BQ2 2021: $8.80BQ3 2021: $8.34BQ4 2021: $10.6BQ1 2022: $9.32BQ2 2022: $7.37BQ3 2022: $6.02BQ4 2022: $7.15BQ1 2023: $8.83BQ2 2023: $7.82BQ3 2023: $9.11BQ4 2023: $10.4BQ1 2024: $11.9BQ2 2024: $12.3BQ3 2024: $14.3BQ4 2024: $14.9BQ1 2025: $17.3BQ2 2025: $17.1BQ3 2025: $12.7BQ4 2025: $12.5BQ1 2026: $13.7BQ2 2026: $11.6B
Institutions holding TW and their total value by quarter
QuarterHoldersValue
Q2 2026565$11.6B
Q1 2026585$13.7B
Q4 2025553$12.5B
Q3 2025545$12.7B
Q2 2025572$17.1B
Q1 2025550$17.3B
Q4 2024533$14.9B
Q3 2024451$14.3B
Q2 2024438$12.3B
Q1 2024442$11.9B
Q4 2023411$10.4B
Q3 2023365$9.11B
Q2 2023344$7.82B
Q1 2023355$8.83B
Q4 2022341$7.15B
Q3 2022333$6.02B
Q2 2022334$7.37B
Q1 2022321$9.32B
Q4 2021320$10.6B
Q3 2021296$8.34B
Q2 2021277$8.80B
Q1 2021279$7.70B

Institutions, Q1 2026

Shares, value and share of portfolio for each institution holding Tradeweb Markets Inc.; share changes are against Q4 2025.

Institutions holding TW in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
California State Teachers Retirement System175,179$20.6M0.02%−6,711−3.7%Reduced
SEI Investments Co184,552$21.7M0.02%+71,773+63.6%Added
Amundi188,569$22.2M0.01%−35,634−15.9%Reduced
Norinchukin Bank, The193,898$22.8M0.27%−20,009−9.4%Reduced
Altshuler Shaham Ltd205,000$24.1M0.44%00.0%Unchanged
Nuveen, LLC209,095$24.6M0.01%+33,753+19.2%Added
Invesco Ltd.219,093$25.8M0.00%+5,830+2.7%Added
Handelsbanken Fonder AB219,500$25.8M0.09%−128,800−37.0%Reduced
California Public Employees Retirement System222,307$26.2M0.02%−81,520−26.8%Reduced
Deutsche Bank AG223,664$26.3M0.01%−19,001−7.8%Reduced
Praesidium Investment Management Company, LLC224,358$26.4M6.31%+37,518+20.1%Added
Credit Agricole S A226,310$26.6M0.09%+42,521+23.1%Added
Gotham Asset Management, LLC228,211$26.9M0.08%+52,567+29.9%Added
Qube Research & Technologies Ltd235,967$27.8M0.04%−245,163−51.0%Reduced
American Capital Management Inc249,247$29.3M1.58%−9,468−3.7%Reduced
Legal & General Group Plc269,165$31.7M0.01%+8,029+3.1%Added
AustralianSuper Pty Ltd270,212$31.8M0.17%−179,611−39.9%Reduced
Goldman Sachs Group Inc273,595$32.2M0.00%−50,860−15.7%Reduced
Renaissance Group LLC273,837$32.2M1.35%+40,981+17.6%Added
Worldquant Millennium Advisors LLC277,436$32.6M0.13%+162,261+140.9%Added
Sumitomo Mitsui Trust Holdings, Inc.281,910$33.2M0.02%−11,591−3.9%Reduced
Two Sigma Investments, LP301,227$35.4M0.03%−296,598−49.6%Reduced
Vinva Investment Management Ltd303,636$35.5M0.44%+104,477+52.5%Added
Fisher Funds Management LTD303,799$35.7M1.05%−44,581−12.8%Reduced
Primecap Management Co328,082$38.6M0.03%−92,190−21.9%Reduced
Bank of New York Mellon Corp332,335$39.1M0.01%−16,911−4.8%Reduced
North Reef Capital Management LP337,071$39.7M1.36%+21,032+6.7%Added
CIBC Bancorp USA Inc.341,870$40.2M0.05%+341,870New
Brown Brothers Harriman & Co351,431$41.3M0.22%+45,502+14.9%Added
Bamco Inc367,448$43.2M0.13%−13,889−3.6%Reduced
Marshall Wace, LLP377,441$44.4M0.05%+158,403+72.3%Added
Raymond James Financial Inc384,501$45.0M0.01%+291,708+314.4%Added
D. E. Shaw & Co., Inc.384,573$45.2M0.04%−44,345−10.3%Reduced
Fiera Capital Corp407,659$48.0M0.16%−304,710−42.8%Reduced
Renaissance Technologies LLC408,818$48.1M0.08%−183,700−31.0%Reduced
Engineers Gate Manager LP418,893$49.3M0.62%+375,554+866.5%Added
TD Asset Management Inc423,089$49.8M0.04%−1,163,306−73.3%Reduced
Junto Capital Management LP427,544$50.3M1.07%+427,544New
Colony Group, LLC448,548$52.8M0.06%−8,945−2.0%Reduced
HMI Capital Management, L.P.463,700$54.6M7.23%−68,300−12.8%Reduced
Victory Capital Management Inc477,762$56.2M0.04%−27,673−5.5%Reduced
Dimensional Fund Advisors LP480,694$56.6M0.01%+7,028+1.5%Added
Square Wave Capital, LLC494,815$58.2M14.08%−30,785−5.9%Reduced
Stephens Investment Management Group LLC529,847$62.3M0.85%+40,006+8.2%Added
Artisan Partners Limited Partnership530,801$62.5M0.10%+530,801New
FMR LLC547,782$64.5M0.00%−18,637−3.3%Reduced
Mawer Investment Management Ltd.626,551$73.7M0.48%+95,380+18.0%Added
Nomura Asset Management Co Ltd632,545$74.4M0.19%−8,624−1.3%Reduced
Neuberger Berman Group LLC632,790$74.5M0.06%+187,249+42.0%Added
Northern Trust Corp670,719$78.9M0.01%+8,758+1.3%Added
UBS Asset Management Americas Inc695,079$81.8M0.02%+41,843+6.4%Added
Jane Street Group, LLC695,780$81.9M0.09%+432,870+164.6%Added
Citadel Advisors LLC699,945$82.4M0.06%+673,277+2,524.7%Added
Vanguard Fiduciary Trust Co718,982$84.6M0.02%+718,982New
FIL Ltd787,555$92.7M0.07%+167,874+27.1%Added
Bank of America Corp824,696$97.0M0.01%+238,819+40.8%Added
Capital International Investors929,461$109.4M0.03%−330,063−26.2%Reduced
American Century Companies Inc959,194$112.9M0.06%−451,333−32.0%Reduced
Charles Schwab Investment Management Inc989,492$116.4M0.02%+57,156+6.1%Added
Kensico Capital Management Corp1,007,800$118.6M2.42%+279,700+38.4%Added
Harding Loevner LP1,085,069$127.7M1.31%−36,116−3.2%Reduced
Jupiter Asset Management Ltd1,133,172$130.9M0.70%+1,133,172New
Franklin Resources Inc1,358,032$159.8M0.04%−812,795−37.4%Reduced
Champlain Investment Partners, LLC1,469,486$172.9M2.19%+253,140+20.8%Added
Ninety One UK Ltd1,590,304$187.1M0.43%−31,390−1.9%Reduced
Bessemer Group Inc1,626,599$191.4M0.30%+54,094+3.4%Added
Nordea Investment Management AB1,649,034$194.4M0.18%+27,716+1.7%Added
Morgan Stanley1,703,878$200.5M0.01%−9,540−0.6%Reduced
UBS Group AG1,928,700$226.9M0.04%+983,286+104.0%Added
Millennium Management LLC1,968,423$231.6M0.17%+1,600,234+434.6%Added
JPMorgan Chase & Co2,008,818$234.8M0.02%+793,620+65.3%Added
Geode Capital Management, LLC2,119,930$248.7M0.02%+40,830+2.0%Added
Capital World Investors2,198,861$258.7M0.04%+123,281+5.9%Added
Carmignac Gestion2,286,200$269.0M4.13%+71,800+3.2%Added
Cantillon Capital Management LLC2,367,041$278.5M1.85%−321,204−11.9%Reduced
Grantham, Mayo, Van Otterloo & Co. LLC2,650,663$311.9M0.80%+131,942+5.2%Added
State Street Corp2,744,804$323.0M0.01%+40,692+1.5%Added
Linonia Partnership LP2,791,246$328.4M6.10%+2,791,246New
AQR Capital Management LLC2,896,209$340.8M0.16%+1,041,327+56.1%Added
T. Rowe Price Investment Management, Inc.3,398,763$399.9M0.28%+501,888+17.3%Added
Vanguard Capital Management LLC5,190,795$610.7M0.02%+5,190,795New
Vanguard Portfolio Management LLC5,609,871$660.1M0.03%+5,609,871New
BlackRock, Inc.6,828,834$803.5M0.01%−14,617−0.2%Reduced
Wellington Management Group LLP7,504,175$882.9M0.16%−1,845,748−19.7%Reduced
Price T Rowe Associates Inc14,940,496$1.76B0.20%−849,704−5.4%Reduced
Viking Global Investors LPSuperinvestorViking Global Investors0$00.00%−2,768,659−100.0%Sold out
Caisse de Depot Et Placement du Quebec0$00.00%−340,318−100.0%Sold out
Twinbeech Capital LP0$00.00%−65,720−100.0%Sold out
Munro Partners0$00.00%−48,070−100.0%Sold out
SG Americas Securities, LLC0$00.00%−43,891−100.0%Sold out
Two Sigma Advisers, LP0$00.00%−37,200−100.0%Sold out
XTX Topco Ltd0$00.00%−31,883−100.0%Sold out
Taikang Asset Management (Hong Kong) Co Ltd0$00.00%−27,563−100.0%Sold out
Entropy Technologies, LP0$00.00%−24,499−100.0%Sold out
Skandinaviska Enskilda Banken AB (publ)0$00.00%−21,497−100.0%Sold out
La Banque Postale Asset Management SA0$00.00%−20,974−100.0%Sold out
Numerai GP LLC0$00.00%−20,735−100.0%Sold out
Sciencast Management LP0$00.00%−18,337−100.0%Sold out
Qsemble Capital Management, LP0$00.00%−15,426−100.0%Sold out
Elo Mutual Pension Insurance Co0$00.00%−13,675−100.0%Sold out