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Tradeweb Markets Inc. · 13F filings

TW Institutional Ownership

Holdings as of Jun 30, 2026From SEC Form 13FUpdated

Who owns Tradeweb Markets Inc. and what the big funds did with it last quarter, from every SEC 13F filing. 565 funds reported holding TW at Jun 30, 2026.

← TW stock page

Fund sentiment
Neutral
Strongly bearishNeutralStrongly bullish
  • ●296 buying vs 297 selling
  • ●Shares held by funds +0.4%
  • ▼Funds holding -23
  • ●Superinvestors: 3 added, 3 cut
  • ●Put/call not meaningful

What the filings show, not a forecast. Positions can be up to 45 days old and leave out short sales.

Funds holding565−23 vs Q1 2026
Held by funds–of shares outstanding
Value held$11.6B117M shares
Put/call ratio0.28down from 2.16

Funds holding and ownership

8 quarters
Q3 2024: 451 fundsQ3 '24Q4 2024: 534 fundsQ4 '24Q1 2025: 552 fundsQ1 '25Q2 2025: 573 fundsQ2 '25Q3 2025: 547 fundsQ3 '25Q4 2025: 556 fundsQ4 '25Q1 2026: 588 fundsQ1 '26Q2 2026: 565 fundsQ2 '26
Funds holding

Quarter over quarter

all 13F filers
Q2 2026This quarterQ1 2026Change
Funds holding565588−3.9%
In funds' top 10612−50.0%
13F shares117M117M+0.4%
Held by funds–––
New positions6488−27.3%
Increased232241−3.7%
Reduced211186+13.4%
Sold out8662+38.7%
Calls (shares)79K13K+503.8%
Puts (shares)22K28K−22.8%
Put/call ratio0.282.16−87.2%

Buyers vs sellers

adding or new vs cutting or sold out
Q4 2024: 275 buyingQ4 2024: 194 sellingQ4 '24Q1 2025: 282 buyingQ1 2025: 257 sellingQ1 '25Q2 2025: 277 buyingQ2 2025: 271 sellingQ2 '25Q3 2025: 267 buyingQ3 2025: 324 sellingQ3 '25Q4 2025: 255 buyingQ4 2025: 293 sellingQ4 '25Q1 2026: 329 buyingQ1 2026: 248 sellingQ1 '26Q2 2026: 296 buyingQ2 2026: 297 sellingQ2 '26
Buying 296Selling 297latest quarter

Superinvestors in TW

All superinvestors →

Who owns TW

share of fund held shares
  • Index and passive funds23.1%
  • Active managers and hedge funds65.8%
  • Banks and brokers8.6%
  • Pensions, insurers and other2.5%

The top 10 holders own 48.1% of all TW shares that funds reported. Groups are our own grouping of filers by name.

Put/call ratio

funds' options, market makers left out
1.00Q3 2024: 0.58Q3 '24Q4 2024: 0.05Q4 '24Q1 2025: 0.02Q1 '25Q2 2025: 0.14Q2 '25Q3 2025: 0.09Q3 '25Q4 2025: 0.19Q4 '25Q1 2026: 2.16Q1 '26Q2 2026: 0.28Q2 '260.28

Above 1 means funds hold more puts than calls, a sign of hedging or bets on a fall. Options are valued at the underlying shares.

Filed so far for Q3 2026

155 funds changed their position

🔒 Free account: see all 20.

Top holders

Q2 2026
#FundOf companySharesValueChange
1Price T Rowe Associates Inc /md/–16.4M$1.6B+1.4M
2BlackRock, Inc.–6.9M$686M+53K
3Wellington Management Group LLP–6.2M$618M−1.3M
4Vanguard Portfolio Management LLC–6.1M$604M+448K
5Vanguard Capital Management LLC–5.2M$522M+48K
6Carmignac Gestion–3.9M$386M+1.6M
7T. Rowe Price Investment Management, Inc.–3.3M$329M−98K
8State Street Corp–2.8M$280M+63K
9AQR Capital Management LLC–2.8M$272M−108K
10Grantham, Mayo, Van Otterloo & Co. LLC–2.7M$265M+13K
🔒 15 more top holders. Create a free account or sign in to see them.
Biggest buyers
Biggest sellers

TW institutional ownership FAQ

Who owns the most TW stock?

In Q2 2026 13F filings the largest holder of TW was Price T Rowe Associates Inc /md/, followed by BlackRock, Inc. and Wellington Management Group LLP. Index fund managers are usually the biggest holders of large companies.

What percentage of TW is owned by institutions?

565 funds reported holding 117M TW shares at Jun 30, 2026.

Are hedge funds buying TW?

In Q2 2026, 296 funds bought TW (64 of them new positions) and 297 sold (86 sold out completely). Among well known investors, 3 added and 3 cut. Our fund sentiment for TW is neutral.

What is TW's institutional put/call ratio?

Funds reported $2.2M of TW puts against $7.8M of calls, a put/call ratio of 0.28 (2.16 the quarter before). Market makers and bank trading desks are left out, since their options are mostly hedges.

How current is this TW ownership data?

13F filings show holdings at the end of each quarter and are due within 45 days, so positions can be up to six weeks old when they appear. We add each new filing within minutes, and the "filed so far" list shows funds that have already reported the next quarter.

For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Fund sentiment summarises what 13F filings show and is not a forecast. Holdings come from SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.