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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
YC
376
Yarbrough Capital
Tennessee
$380K
BWCS
377
Beirne Wealth Consulting Services
Connecticut
$378K +$438K +3,408 New
QCM
378
QRG Capital Management
Illinois
$366K -$501K -3,900 -54%
CAU
379
Caxton Associates (UK)
$358K +$414K +3,222 New
LAM
380
Lifestyle Asset Management
Texas
$349K +$35.7K +278 +10%
TWC
381
TD Waterhouse Canada
Ontario, Canada
$345K -$626K -4,872 -60%
VVP
382
Venture Visionary Partners
Ohio
$344K
KRSITF
383
Kentucky Retirement Systems Insurance Trust Fund
Kentucky
$340K -$11.3K -88 -3%
TCM
384
Traynor Capital Management
Pennsylvania
$338K +$391K +3,045 New
AMI
385
Amica Mutual Insurance
Rhode Island
$333K
PS
386
Principal Securities
Iowa
$328K +$94.5K +735 +33%
BMSSC
387
B. Metzler seel. Sohn & Co
Germany
$322K
SI
388
Stephens Inc
Arkansas
$316K -$15.4K -120 -4%
VFA
389
Values First Advisors
Tennessee
$305K -$15.6K -121 -4%
EAM
390
Eventide Asset Management
Massachusetts
$298K -$1.06M -8,213 -75%
EF
391
Empowered Funds
Pennsylvania
$287K +$2.31K +18 +0.7%
FFA
392
Farther Finance Advisors
California
$285K +$144K +1,118 +77%
LOIM
393
Liberty One Investment Management
Illinois
$280K +$18.1K +141 +6%
Commonwealth Equity Services
394
Commonwealth Equity Services
Massachusetts
$278K -$264K -2,056 -45%
NCM
395
Novare Capital Management
North Carolina
$277K +$77.1K +600 +32%
VI
396
Vestcor Inc
New Brunswick, Canada
$273K
CFG
397
Citizens Financial Group
Rhode Island
$270K +$313K +2,434 New
CCM
398
Coldstream Capital Management
Washington
$269K +$113K +879 +57%
MIM
399
MetLife Investment Management
New Jersey
$267K +$2.57K +20 +0.8%
HFM
400
Harvest Fund Management
China
$267K -$243K -1,892 -48%

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.