Tradeweb Markets Inc. (TW) Ownership

NASDAQ: TWTop holders, insider trades and short interest.

TW ownership summary

as of October 18, 2026
Institutions
106.7%
of shares outstanding
Insiders
0.28%
of shares outstanding
Shares outstanding
114.0M
Float
113.7M
shares available to trade
Short interest
3.00%
3.4M shares short
Days to cover
2.63
short interest down 0.7% vs prior month
  • Institutions 106.74%
  • Insiders 0.28%

TW top institutional holders

20 largest
Tradeweb Markets Inc. top institutional holders
#Holder% of sharesSharesValueChangeReported
1T. Rowe Price Associates, Inc.7.76%16.4M$1.86B+1.4M (+9.6%)June 30, 2026
2BlackRock Inc3.26%6.9M$781.1M+53,444 (+0.8%)June 30, 2026
3Wellington Management Company LLP2.94%6.2M$704.1M−1.3M (−17.3%)June 30, 2026
4Vanguard Portfolio Management, LLC2.87%6.1M$687.5M+447,730 (+8.0%)June 30, 2026
5Vanguard Capital Management, LLC2.48%5.2M$594.6M+48,178 (+0.9%)June 30, 2026
6Carmignac Gestion1.84%3.9M$440.0M+1.6M (+69.6%)June 30, 2026
7T. Rowe Price Investment Management,Inc.1.56%3.3M$374.6M−97,737 (−2.9%)June 30, 2026
8State Street Corp1.33%2.8M$318.7M+63,023 (+2.3%)June 30, 2026
9AQR Capital Management LLC1.32%2.8M$316.4M−108,277 (−3.7%)June 30, 2026
10Grantham, Mayo, Van Otterloo & Co., LLC1.26%2.7M$302.3M+12,855 (+0.5%)June 30, 2026
11Capital World Investors1.10%2.3M$262.6M+114,561 (+5.2%)June 30, 2026
12Geode Capital Management, LLC1.00%2.1M$239.0M−14,458 (−0.7%)June 30, 2026
13Nordea Investment Mgmt Bank Demark A/s0.80%1.7M$191.6M+39,570 (+2.4%)June 30, 2026
14Morgan Stanley - Brokerage Accounts0.80%1.7M$191.2M−18,749 (−1.1%)June 30, 2026
15Bessemer Group Inc0.76%1.6M$182.0M−22,607 (−1.4%)June 30, 2026
16NORGES BANK0.73%1.5M$175.3M+23,410 (+1.5%)June 30, 2026
17Millennium Management LLC0.68%1.4M$162.1M−540,373 (−27.5%)June 30, 2026
18Citadel Advisors Llc0.66%1.4M$158.7M+698,432 (+99.8%)June 30, 2026
19Ninety One UK Limited0.64%1.3M$152.4M−247,481 (−15.6%)June 30, 2026
20Marshall Wace Asset Management Ltd0.61%1.3M$145.6M+905,356 (+239.9%)June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 12 holders added 5.4M shares and 8 cut 2.3M.

TW top mutual fund and ETF holders

20 largest
Tradeweb Markets Inc. top fund holders
#Holder% of sharesSharesValueChangeReported
1Vanguard MStar Total Stk Mkt Idx Invest1.75%3.7M$419.0M−4,082 (−0.1%)August 31, 2026
2American Funds Growth Fd of Amer A1.28%2.7M$306.4M—September 30, 2026
3Vanguard MStar Mid Cap Index Instl1.16%2.4M$277.1M−68,027 (−2.7%)September 30, 2026
4Carmignac Investissement A EUR Acc1.09%2.3M$261.2M+1,669 (+0.1%)September 30, 2026
5Vanguard MStar Growth Index Investor1.01%2.1M$242.1M+281,417 (+15.2%)September 30, 2026
6T. Rowe Price Mid-Cap Growth0.98%2.1M$234.2M—September 30, 2026
7Vanguard Windsor Investor Shares0.80%1.7M$192.4M+53,163 (+3.2%)June 30, 2026
8T. Rowe Price Lrg Cp Gr I0.67%1.4M$159.6M−8,473 (−0.6%)September 30, 2026
9Carmignac Patrimoine A EUR Acc0.66%1.4M$157.8M+334 (+0.0%)September 30, 2026
10T. Rowe Price US Large-Cap Core0.61%1.3M$145.7M—September 30, 2026
11Vanguard US Growth Investor0.49%1.0M$118.2M−422,701 (−28.9%)June 30, 2026
12Vanguard MStar Mid Cap Growth ETF0.42%895K$101.6M+3,873 (+0.4%)September 30, 2026
13TD U.S. Dividend Growth Fund-F0.39%813K$92.3M−93,428 (−10.3%)December 31, 2025
14GMO Quality IV0.37%781K$88.6M—August 31, 2026
15T. Rowe Price Comm & Tech Investor0.34%718K$81.5M—September 30, 2026
16Capital Group U.S. Small and Mid Cap ETF0.28%597K$67.7M+4,212 (+0.7%)September 30, 2026
17Fidelity Extended Market Index0.27%565K$64.1M−6,922 (−1.2%)August 31, 2026
18GMO Quality Investment USD Acc0.27%563K$63.9M—August 31, 2026
19T. Rowe Price Global Stock0.24%514K$58.3M—September 30, 2026
20Bridge Builder Large Cap Growth0.24%512K$58.1M—September 30, 2026

Funds report holdings monthly or quarterly; dates differ by fund.

TW insider transactions

latest 8
Tradeweb Markets Inc. insider transactions
DateNameTransactionPriceSharesValue
2026-04-15Justin PetersonSell$120.6621,221$2.6M
2026-03-18Justin PetersonSell$124.763,212$400,729
2026-03-03William HultSell$125.6272,450$9.1M
2026-02-10Amy ClackSell$114.681,677$192,318
2026-02-10Douglas FriedmanSell$115.4630,549$3.5M
2026-02-10Justin PetersonSell$115.4711,254$1.3M
2026-02-10Sara FurberSell$115.1063,128$7.3M
2026-02-10William HultSell$115.45121,218$14.0M

Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.

TW shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns TW

Institutional investors own 106.7% of Tradeweb Markets's shares and insiders 0.28%. The largest holder is T. Rowe Price Associates, Inc. with 7.76% of the shares (16.4M), as of June 30, 2026. Among the top 20 institutions, 12 added shares and 8 reduced their stake in the latest filings. Short interest is 3.00% of the float, or 2.63 days of average trading volume. The share count rose 39.7% since 2017.

Related: TW analyst forecast, TW key metrics, TW dividend history. See the TW stock overview for the latest quote and news.

TW ownership FAQ

Who owns the most Tradeweb Markets stock?

The largest shareholders of Tradeweb Markets are T. Rowe Price Associates, Inc. (7.76%), BlackRock Inc (3.26%), Wellington Management Company LLP (2.94%), Vanguard Portfolio Management, LLC (2.87%), Vanguard Capital Management, LLC (2.48%).

What percentage of Tradeweb Markets is owned by institutions?

Institutions hold 106.7% of Tradeweb Markets's shares outstanding; insiders hold 0.28%.

Which funds own Tradeweb Markets?

The largest fund holders of Tradeweb Markets are Vanguard MStar Total Stk Mkt Idx Invest (1.75%), American Funds Growth Fd of Amer A (1.28%), Vanguard MStar Mid Cap Index Instl (1.16%), Carmignac Investissement A EUR Acc (1.09%), Vanguard MStar Growth Index Investor (1.01%).

What is Tradeweb Markets's short interest?

3.4M shares of Tradeweb Markets were sold short, 3.00% of the float; at the average daily volume it would take 2.63 days to cover.

Are insiders buying or selling Tradeweb Markets?

Of the latest 8 reported insider transactions in Tradeweb Markets (since February 10, 2026), 0 were purchases and 8 were sales.

How many shares of Tradeweb Markets are outstanding?

Tradeweb Markets has 114.0M shares outstanding, of which 113.7M are in the public float.

Capital Markets: ownership