Companies: 10,795·Total market cap: $144.5T
Tradeweb Markets Inc.

Tradeweb Markets Inc.

TWNASDAQFinancial Services● Active
$99.64
$-2.89(-2.82%)
Market Cap$21.2B
P/E Ratio
52W High$147.49
52W Low$94.245

Tradeweb Markets Inc. (TW) Stock Ownership

Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.

SEC 13F · FMP · TW · as of Mar 31, 2025

Ownership Breakdown

Institutions 54.73%
Insiders 0.53%
Public 44.74%

569

Institutional Holders

▲ 19 vs Q4

$17.34B

Total Inst. Value

▲ $2.43B vs Q4

213.10M

Shares Outstanding

freeFloat 99.47%

116.63M

13F Shares Held

▲ 2.71M vs Q4

Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.

Top Institutional Holders

TW largest shareholders · institutional ownership

Q1 2025 · SEC 13F

Showing top 10 holders

HolderShares% OwnedWeightValueReportedChange

VANGUARD GROUP INC

security & commodity brokers, dealers, exchanges & services

11.77M5.52%

5.52%

$1.75TMay 9, 2025 357.8K

WELLINGTON MANAGEMENT GROUP LLP

security & commodity brokers, dealers, exchanges & services

9.38M4.40%

4.40%

$1.39TMay 13, 2025 531.5K

BLACKROCK, INC.

security & commodity brokers, dealers, exchanges & services

8.68M4.07%

4.07%

$1.29TMay 2, 2025 960.1K

PRICE T ROWE ASSOCIATES INC /MD/

security & commodity brokers, dealers, exchanges & services

6.88M3.23%

3.23%

$1.02TMay 14, 2025 2.7K

FRANKLIN RESOURCES INC

security & commodity brokers, dealers, exchanges & services

3.88M1.82%

1.82%

$576.58BMay 13, 2025 32.9K

JPMORGAN CHASE & CO

security & commodity brokers, dealers, exchanges & services

3.23M1.51%

1.51%

$479.08BMay 12, 2025 1.45M

STATE STREET CORP

security & commodity brokers, dealers, exchanges & services

2.56M1.20%

1.20%

$380.39BMay 15, 2025 16.0K

T. ROWE PRICE INVESTMENT MANAGEMENT, INC.

security & commodity brokers, dealers, exchanges & services

2.47M1.16%

1.16%

$366.72BMay 14, 2025 141.4K

CAPITAL WORLD INVESTORS

security & commodity brokers, dealers, exchanges & services

2.30M1.08%

1.08%

$341.25BMay 12, 2025 631.4K

GEODE CAPITAL MANAGEMENT, LLC

security & commodity brokers, dealers, exchanges & services

2.07M97.02%

97.02%

$306.26BMay 13, 2025 108.2K

Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).

Institutional Activity

Q1 2025 vs prior quarter

Q1 2025

Net institutional sentimentBullish — more buying than selling

23

Increased

+6.46M shares

2

New Positions

first time holders

25

Decreased

−3.57M shares

0

Sold Out

fully exited

Net shares change (top 50)

+2.89M

+6.46M / −3.57M

Net new holders

+0

2 new / 0 exited

Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).

Insider Buying vs Selling

TW insider trading · insider activity

Source: SEC Form 4

Buy 0%Active transactions only100% Sell

Insiders have been primarily selling shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.

7

Buy transactions

3

Sell transactions

2.33

Buy/Sell ratio

$0M

Total disposed

Recent Insider Transactions

Showing 10 most recent · Common Stock only

Name · RoleDateTypeSharesPriceValueAfter Trans.Filing

Peterson Justin

Chief Technology Officer

Jun 1, 2026Sale21,221$102.00$2.16M15.1KForm 4 ↗

BERNS STEVEN

director

May 26, 2026Sale425$105.26$44.7K4.9KForm 4 ↗

Yared Rana

director

May 19, 2026Award1,6454.2KForm 4 ↗

AIGRAIN JACQUES

director

May 19, 2026Award2,66812.2KForm 4 ↗

Madoff Paula

director

May 19, 2026Award1,91216.8KForm 4 ↗

BERNS STEVEN

director

May 19, 2026Award1,6455.3KForm 4 ↗

Ganeles Scott

director

May 19, 2026Award1,64515.3KForm 4 ↗

Opoku Lisa

director

May 19, 2026Award1,6454.5KForm 4 ↗

Repetto Richard H

director

May 19, 2026Award1,6453.2KForm 4 ↗

Peterson Justin

Chief Technology Officer

Apr 15, 2026Sale21,221$120.66$2.56M36.3KForm 4 ↗

Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.

About institutional & insider ownership

Tradeweb Markets Inc. (TW) is primarily owned by institutional investors, who hold approximately 54.7% of total shares outstanding. Company insiders own approximately 0.53%, while retail and public investors account for the remaining 44.74%.

The largest institutional shareholder of Tradeweb Markets Inc. is VANGUARD GROUP INC, holding approximately 11.77 million shares — equal to 5.52% of outstanding shares — as of March 31, 2025.

A total of 569 institutional investors currently hold TW stock, with a combined institutional value of approximately $17.34 billion as of the most recent 13F filing period.

Frequently asked questions

TW ownership

Tradeweb Markets Inc. (TW) is primarily owned by institutional investors, who hold approximately 54.7% of shares. The largest shareholder is VANGUARD GROUP INC with a 5.52% stake. Company insiders hold 0.53%. Data sourced from SEC Form 13F as of March 31, 2025.

who owns TW stockTW ownership structureSEC Form 13F institutional holdingsTW float vs institutions
Source: FMP · SEC Form 13F · SEC Form 4As of March 31, 2025