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Tradeweb Markets

543 hedge funds and large institutions have $12.7B invested in Tradeweb Markets in 2025 Q3 according to their latest regulatory filings, with 92 funds opening new positions, 179 increasing their positions, 210 reducing their positions, and 111 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more call options, than puts

Call options by funds: $27.9M | Put options by funds: $21.6M

0% more funds holding in top 10

Funds holding in top 10: 88 (0)

2.26% less ownership

Funds ownership: 100.51%98.25% (-2.3%)

5% less funds holding

Funds holding: 570543 (-27)

15% less repeat investments, than reductions

Existing positions increased: 179 | Existing positions reduced: 210

17% less first-time investments, than exits

New positions opened: 92 | Existing positions closed: 111

25% less capital invested

Capital invested by funds: $16.9B → $12.7B (-$4.25B)

Holders
543
Holders Change
-27
Holders Change %
-4.74%
% of All Funds
7.13%
Holding in Top 10
8
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
92
Increased
179
Reduced
210
Closed
111
Calls
$27.9M
Puts
$21.6M
Net Calls
+$6.31M
Net Calls Change
-$23.4M
Name Holding Trade Value Shares
Change
Change in
Stake
OAM
351
Oppenheimer Asset Management
New York
$490K -$2.06K -16 -0.4%
Truist Financial
352
Truist Financial
North Carolina
$488K +$93.6K +728 +20%
FRM
353
Fox Run Management
Connecticut
$482K +$558K +4,339 New
EC
354
EntryPoint Capital
New York
$474K +$549K +4,268 New
TA
355
TFB Advisors
Kansas
$473K -$29.2K -227 -5%
Principal Financial Group
356
Principal Financial Group
Iowa
$470K -$5.8M -45,126 -91%
NW
357
NewEdge Wealth
Pennsylvania
$470K -$1.03M -8,016 -64%
ETC
358
Exchange Traded Concepts
Oklahoma
$467K +$115K +898 +27%
CBU
359
CIBC Bancorp USA
Illinois
$463K +$537K +4,175 New
AC
360
Allstate Corporation
Illinois
$463K +$536K +4,171 New
FLPIM
361
F.L. Putnam Investment Management
Massachusetts
$463K -$155K -1,202 -22%
FDCDDQ
362
Federation des caisses Desjardins du Quebec
Quebec, Canada
$454K -$101K -782 -16%
MML Investors Services
363
MML Investors Services
Massachusetts
$446K -$32.4K -252 -6%
Comerica Bank
364
Comerica Bank
Texas
$445K -$16.7M -130,065 -97%
IWC
365
Integrated Wealth Concepts
Massachusetts
$442K -$124K -963 -19%
RS
366
R Squared
Hong Kong
$436K +$505K +3,927 New
HWM
367
HB Wealth Management
Georgia
$432K +$170K +1,320 +51%
SA
368
Sanctuary Advisors
Indiana
$429K +$5.01K +39 +1%
ECM
369
Evergreen Capital Management
Washington
$425K +$5.4K +42 +1%
Janney Montgomery Scott
370
Janney Montgomery Scott
Pennsylvania
$419K -$7.39M -57,472 -94%
OL
371
one8zero8 LLC
North Carolina
$416K
CIBC Asset Management
372
CIBC Asset Management
Ontario, Canada
$412K
DAS
373
Dynamic Advisor Solutions
Arizona
$403K -$49.2K -383 -10%
AG
374
AIA Group
Hong Kong
$403K +$466K +3,628 New
SPIA
375
Steward Partners Investment Advisory
New York
$383K -$6.3K -49 -1%

TW Hedge Fund Activity: Q3 2025 in Review

543 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Tradeweb Markets (TW) for Q3 2025, worth a combined $12.7B — down 25% from $16.9B a quarter earlier.

Sellers outnumbered buyers: 111 funds closed out of TW and 92 opened new positions — a net loss of 19 holders — while 210 trimmed existing stakes and 179 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $560M. The largest seller was Axiom Investors, exiting entirely with an estimated $277M sold.

  • 543 institutional investors held Tradeweb Markets (TW) as of Q3 2025, down from 570 in Q2 2025.
  • Funds reported $12.7B of Tradeweb Markets stock for Q3 2025, down 25% quarter-over-quarter.
  • 92 funds opened new Tradeweb Markets positions in Q3 2025 and 111 closed out, a net change of -19 holders.
  • The largest Tradeweb Markets buyer in Q3 2025 was T. Rowe Price Associates, an estimated $560M added.
  • The largest Tradeweb Markets seller in Q3 2025 was Axiom Investors, an estimated $277M sold.

Based on aggregated 13F filings for Q3 2025.