TRADEWEB MKTS INC TW
CL A · Common Stock · CUSIP 892672106 · ISIN US8926721064
- SectorFinancials
- IndustrySecurity & Commodity Brokers, Dealers, Exchanges & Services
- HeadquartersNew York, NY
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($6.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $68.50. Options: 9 managers hold calls ($18.2m notional), 8 hold puts ($6.8m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 334 |
| Q4 2022 | 341 |
| Q1 2023 | 356 |
| Q2 2023 | 346 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 189 | 167 |
| Q1 2023 | 199 | 141 |
| Q2 2023 | 166 | 184 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $17.9m | $23.5m | 1.31 |
| Q4 2022 | $24.9m | $11.8m | 0.47 |
| Q1 2023 | $28.1m | $3.8m | 0.13 |
| Q2 2023 | $18.2m | $6.8m | 0.37 |
Biggest buyers
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +5.4m |
| Cantillon Capital Management LLC | New | +1.2m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Added | +968.7k |
| T. Rowe Price Investment Management, Inc. | Added | +636.9k |
| CIBC Private Wealth Group LLC | Added | +627.3k |
| BESSEMER GROUP INC | Added | +461.3k |
| CCLA Investment Management | Added | +424.5k |
| VAN ECK ASSOCIATES CORP | Added | +388.1k |
| JUPITER ASSET MANAGEMENT LTD | New | +291.9k |
| VANGUARD GROUP INC | Added | +276.6k |
Biggest sellers
| CITADEL ADVISORS LLC | Reduced | -1.5m |
| STRS OHIO | Reduced | -1.1m |
| Junto Capital Management LP | Sold out | -988.3k |
| BlackRock Inc. | Reduced | -778.9k |
| LORD, ABBETT & CO. LLC | Sold out | -600.0k |
| Balyasny Asset Management L.P. | Reduced | -583.6k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -559.2k |
| Ownership Capital B.V. | Reduced | -477.2k |
| FMR LLC | Reduced | -462.7k |
| Harding Loevner LP | Reduced | -440.5k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $5.2m75.4k shares |
| PEAK6 Investments LLC | Reduced | $3.5m50.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.3m48.0k shares |
| JANE STREET GROUP, LLC | Reduced | $3.0m43.3k shares |
| NOMURA HOLDINGS INC | Reduced | $2.5m35.8k shares |
| GROUP ONE TRADING LLC | Added | $493.1k7.2k shares |
| Walleye Trading LLC | Reduced | $294.5k4.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $34.0k500 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| PEAK6 Investments LLC | Added | $2.1m30.8k shares |
| CITADEL ADVISORS LLC | Added | $1.9m28.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.4m20.2k shares |
| UBS Group AG | New | $1.1m15.5k shares |
| SIMPLEX TRADING, LLC | Added | $232.0k3.4k shares |
| Walleye Trading LLC | Reduced | $41.1k600 shares |
| GROUP ONE TRADING LLC | New | $20.5k300 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
London Stock Exchange Group plc
13D · may seek influence
filed 2025-03-10
Stated purposeThe penultimate paragraph of Item 4 is hereby supplemented by adding the below disclosure immediately prior to the last sentence in such paragraph: On March 6, 2025, the Board of the Issuer appointed Rich Repetto as a Class II director, effective March 6, 2025. Mr. Repetto will hold office until the annual meeting of the Issuer's stockholders to be held in 2027 and until his successor shall be elected and qualified or until his earlier death, resignation, retirement, disqualification or removal. Mr. Repetto was designated to serve on the Board by Refinitiv Parent pursuant to the Stockholders Agreement. Full filing |
50.8% |
| PRICE T ROWE ASSOCIATES INC /MD/ 13G · institution +3.2 pts · filed 2026-02-17 | 13.6% |
| BlackRock, Inc. 13G · institution filed 2025-04-24 | 5.5% |
| WELLINGTON MANAGEMENT GROUP LLP 13G · institution -1.2 pts · filed 2026-08-13 | 5.3% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 5 | $95.3m | — |
| Q1 2022 | 0 | — | 7 | $31.5m | — |
| Q2 2022 | 0 | — | 5 | $29.3m | — |
| Q3 2022 | 0 | — | 2 | $9.2m | — |
| Q4 2022 | 0 | — | 2 | $1.7m | — |
| Q1 2023 | 0 | — | 7 | $34.7m | — |
| Q2 2023 | 0 | — | 4 | $5.6m | $100.0k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-15 | Yared Rana Director | Sold plan | $40.4k567 shares |
| 2023-06-13 | Yared Rana Director | Sold plan | $59.5k851 shares |
| 2023-04-10 | BERNS STEVEN Director | Sold | $29.4k394 shares |
| 2023-04-05 | Furber Sara Chief Financial Officer | Sold | $603.6k8.2k shares |
| 2023-04-04 | Olesky Lee Director | Sold | $3.5m44.1k shares |
| 2023-04-03 | Olesky Lee Director | Sold | $1.4m17.2k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.02% of their portfolio | 12.0m $818.8m | Reduced -778.9k |
| VANGUARD GROUP INC 0.02% of their portfolio | 10.7m $732.6m | Added +276.6k |
| T. Rowe Price Investment Management, Inc. 0.37% of their portfolio | 7.9m $543.6m | Added +636.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.08% of their portfolio | 6.5m $443.7m | Reduced -41.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.05% of their portfolio | 5.7m $389.6m | Added +5.4m |
| Ownership Capital B.V. 5.58% of their portfolio | 4.6m $318.2m | Reduced -477.2k |
| FRANKLIN RESOURCES INC 0.14% of their portfolio | 4.2m $289.8m | Added +14.7k |
| Capital World Investors 0.05% of their portfolio | 4.0m $274.6m | Added +71.1k |
| Champlain Investment Partners, LLC 1.68% of their portfolio | 4.0m $272.2m | Reduced -99.2k |
| VOYA INVESTMENT MANAGEMENT LLC 0.17% of their portfolio | 2.4m $166.6m | Added +212.6k |
| Harding Loevner LP 0.93% of their portfolio | 2.3m $158.7m | Reduced -440.5k |
| STATE STREET CORP 0.01% of their portfolio | 2.3m $155.6m | Reduced -40.7k |
| Artisan Partners Limited Partnership 0.25% of their portfolio | 2.3m $154.5m | Reduced -23.9k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 2.0m $137.3m | Reduced -13.3k |
| Allspring Global Investments Holdings, LLC 0.22% of their portfolio | 2.0m $136.5m | Reduced -92.6k |
| VAN ECK ASSOCIATES CORP 0.29% of their portfolio | 1.9m $130.8m | Added +388.1k |
| BESSEMER GROUP INC 0.28% of their portfolio | 1.9m $130.1m | Added +461.3k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.39% of their portfolio | 1.8m $121.5m | Added +968.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.7m $114.4m | Added +102.6k |
| PRIMECAP MANAGEMENT CO/CA/ 0.09% of their portfolio | 1.6m $108.4m | Added +8.8k |
| NORGES BANK 0.02% of their portfolio | 1.3m $86.5m | Added +111.0k |
| Cantillon Capital Management LLC 0.59% of their portfolio | 1.2m $84.4m | New |
| CCLA Investment Management 1.37% of their portfolio | 1.1m $77.1m | Added +424.5k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.1m $74.8m | Added +2.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.0m $71.7m | Added +32.0k |
| MORGAN STANLEY 0.01% of their portfolio | 1.0m $71.4m | Reduced -64.0k |
| Stephens Investment Management Group LLC 0.98% of their portfolio | 919.1k $62.9m | Added +16.0k |
| Clearbridge Investments, LLC 0.05% of their portfolio | 749.7k $51.3m | Added +151.2k |
| Bridgewater Associates, LP 0.31% of their portfolio | 741.6k $50.8m | Added +444 |
| California Public Employees Retirement System 0.04% of their portfolio | 704.1k $48.2m | Reduced -7.2k |
| Mawer Investment Management Ltd. 0.23% of their portfolio | 649.5k $44.5m | Reduced -4.4k |
| CIBC Private Wealth Group LLC 0.05% of their portfolio | 637.4k $43.6m | Added +627.3k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 604.8k $41.4m | Reduced -11.0k |
| NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio | 593.2k $40.6m | Reduced -9.5k |
| TD Asset Management Inc 0.05% of their portfolio | 578.5k $39.6m | Added +31.2k |
| Connectus Wealth, LLC 0.89% of their portfolio | 562.0k $38.5m | Added +43.7k |
| STRS OHIO 0.15% of their portfolio | 530.3k $36.3m | Reduced -1.1m |
| MARSHALL WACE, LLP 0.07% of their portfolio | 494.1k $33.8m | Reduced -162.6k |
| Carmignac Gestion 0.54% of their portfolio | 456.5k $31.3m | Unchanged |
| Fiera Capital Corp 0.09% of their portfolio | 448.4k $30.7m | Added +33.7k |
| NORDEA INVESTMENT MANAGEMENT AB 0.04% of their portfolio | 448.1k $30.9m | Added +94.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 446.5k $35.3m | Unchanged |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 446.0k $30.5m | Added +10.0k |
| Capital International Investors 0.01% of their portfolio | 440.2k $30.1m | Reduced -519 |
| Handelsbanken Fonder AB 0.16% of their portfolio | 428.6k $29.4m | Added +4.8k |
| FMR LLC 0.00% of their portfolio | 397.2k $27.2m | Reduced -462.7k |
| BAMCO INC /NY/ 0.07% of their portfolio | 388.3k $26.6m | Added +1.2k |
| FIL Ltd 0.03% of their portfolio | 366.2k $25.1m | Reduced -85.4k |
| Legal & General Group Plc 0.01% of their portfolio | 363.4k $24.9m | Reduced -92.3k |
| Robeco Institutional Asset Management B.V. 0.07% of their portfolio | 362.8k $24.8m | Added +95.4k |
| SEI INVESTMENTS CO 0.04% of their portfolio | 357.2k $24.5m | Added +32.4k |
| SeaTown Holdings Pte. Ltd. 3.70% of their portfolio | 347.9k $23.8m | Added +144.9k |
| TWO SIGMA ADVISERS, LP 0.06% of their portfolio | 346.4k $23.7m | Reduced -270.0k |
| Amundi 0.01% of their portfolio | 335.5k $22.8m | Reduced -290.5k |
| AMERICAN CAPITAL MANAGEMENT INC 0.74% of their portfolio | 309.1k $21.2m | Reduced -2.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 295.0k $20.2m | Added +40.7k |
| JUPITER ASSET MANAGEMENT LTD 0.22% of their portfolio | 291.9k $20.0m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 280.6k $19.2m | Reduced -120.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 257.4k $17.6m | Reduced -105.2k |
| TORONTO DOMINION BANK 0.01% of their portfolio | 254.1k $17.4m | Added +122.6k |
| UBS Group AG 0.01% of their portfolio | 233.6k $16.0m | Added +44.6k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.07% of their portfolio | 227.7k $15.6m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 227.2k $15.6m | Reduced -2.6k |
| ROYCE & ASSOCIATES LP 0.14% of their portfolio | 214.5k $14.7m | Reduced -27.4k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 212.9k $14.6m | Added +15.7k |
| TWINBEECH CAPITAL LP 0.28% of their portfolio | 209.3k $14.3m | New |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 207.8k $14.2m | Added +15.1k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 207.0k $14.2m | Reduced -5.1k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 187.1k $12.8m | Added +1.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 183.1k $12.5m | Added +182 |
| Ninety One UK Ltd 0.04% of their portfolio | 176.8k $12.1m | Reduced -1.8k |
| Thrivent Financial for Lutherans 0.03% of their portfolio | 168.5k $11.5m | Reduced -5.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 160.1k $11.0m | Added +8.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 155.5k $10.7m | Added +54.0k |
| Handelsinvest Investeringsforvaltning 2.10% of their portfolio | 155.2k $10.6m | Added +200 |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 154.5k $10.6m | Reduced -50.1k |
| WILSON ASSET MANAGEMENT (INTERNATIONAL) PTY LTD 2.79% of their portfolio | 149.4k $10.2m | Added +5.5k |
| 2Xideas AG 0.97% of their portfolio | 147.8k $10.1m | Reduced -16.2k |
| PUTNAM INVESTMENTS LLC 0.01% of their portfolio | 146.2k $10.0m | Unchanged |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 139.8k $9.6m | Added +15.5k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 135.3k $9.3m | Reduced -67.7k |
| Sumitomo Mitsui DS Asset Management Company, Ltd 0.14% of their portfolio | 132.9k $9.1m | Added +23.5k |
| BARCLAYS PLC 0.01% of their portfolio | 130.7k $9.0m | Added +24.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 127.1k $8.7m | Added +8.5k |
| Man Group plc 0.03% of their portfolio | 124.1k $8.5m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 121.2k $8.3m | Added +98.2k |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 119.5k $8.2m | New |
| SVB WEALTH LLC 0.15% of their portfolio | 119.4k $8.2m | Reduced -8.8k |
| WASATCH ADVISORS LP 0.05% of their portfolio | 118.2k $8.1m | Reduced -131.4k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 118.0k $8.1m | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 117.6k $8.1m | Added +4.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 114.8k $7.9m | Added +33.2k |
| Atika Capital Management LLC 0.94% of their portfolio | 109.0k $7.5m | Reduced -51.0k |
| Grandeur Peak Global Advisors, LLC 0.50% of their portfolio | 107.1k $7.3m | Added +27.6k |
| Andra AP-fonden 0.18% of their portfolio | 104.4k $7.1m | Reduced -11.3k |
| OMERS ADMINISTRATION Corp 0.11% of their portfolio | 104.2k $7.1m | Added +49.1k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 102.2k $7.0m | Reduced -10.7k |
| BROWN ADVISORY INC 0.01% of their portfolio | 98.1k $6.7m | Added +15.0k |
| NOMURA ASSET MANAGEMENT CO LTD 0.03% of their portfolio | 96.8k $6.6m | Reduced -21.9k |
| COMMERCE BANK 0.05% of their portfolio | 95.3k $6.5m | New |