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Tradeweb Markets

570 hedge funds and large institutions have $16.9B invested in Tradeweb Markets in 2025 Q2 according to their latest regulatory filings, with 81 funds opening new positions, 202 increasing their positions, 218 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

74% more call options, than puts

Call options by funds: $69.9M | Put options by funds: $40.1M

47% more first-time investments, than exits

New positions opened: 81 | Existing positions closed: 55

4% more funds holding

Funds holding: 550570 (+20)

0.09% more ownership

Funds ownership: 100.42%100.51% (+0.09%)

2% less capital invested

Capital invested by funds: $17.3B → $16.9B (-$394M)

7% less repeat investments, than reductions

Existing positions increased: 202 | Existing positions reduced: 218

20% less funds holding in top 10

Funds holding in top 10: 108 (-2)

Holders
570
Holders Change
+20
Holders Change %
+3.64%
% of All Funds
7.5%
Holding in Top 10
8
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-20%
% of All Funds
0.11%
New
81
Increased
202
Reduced
218
Closed
55
Calls
$69.9M
Puts
$40.1M
Net Calls
+$29.8M
Net Calls Change
-$91.2M
Name Holding Trade Value Shares
Change
Change in
Stake
ST
501
Smithfield Trust
Pennsylvania
$23K
HNB
502
Huntington National Bank
Ohio
$23K +$4.46K +32 +26%
AAP
503
Arax Advisory Partners
Colorado
$21.7K +$9.49K +68 +110%
BIA
504
Bell Investment Advisors
California
$21.4K
CWM
505
Centricity Wealth Management
Ohio
$20.5K
CA
506
Clearstead Advisors
Ohio
$17.9K -$18.6K -133 -52%
PAI
507
Pittenger & Anderson Inc
Nebraska
$17.6K
BCM
508
Boreal Capital Management
Florida
$16.1K +$15.3K +110 New
SAM
509
Smartleaf Asset Management
Massachusetts
$15.8K -$24.6K -176 -62%
AAG
510
Armstrong Advisory Group
Massachusetts
$14.8K
PSFG
511
Park Square Financial Group
Georgia
$14.6K
VCM
512
Versant Capital Management
Arizona
$13.6K
WA
513
WPG Advisers
Maryland
$13.3K -$1.53K -11 -11%
CAL
514
Capital Advisors Ltd
Ohio
$13K
HWM
515
Hemington Wealth Management
Virginia
$13K +$3.07K +22 +32%
RIL
516
Rothschild Investment LLC
Illinois
$10.2K +$698 +5 +8%
OP
517
ORG Partners
Indiana
$8.95K +$7.39K +53 +442%
JWA
518
JFS Wealth Advisors
Pennsylvania
$8.2K
MYIA
519
Mount Yale Investment Advisors
Colorado
$7.32K +$6.98K +50 New
LWMI
520
Legacy Wealth Management (Idaho)
Idaho
$7.17K
LIS
521
Legacy Investment Solutions
Idaho
$7.17K +$6.84K +49 New
CFB
522
Cullen/Frost Bankers
Texas
$6.75K -$21.8K -156 -77%
MPWT
523
MassMutual Private Wealth & Trust
Connecticut
$6.44K +$837 +6 +16%
BGAI
524
Bruce G. Allen Investments
Colorado
$6K
GRP
525
Global Retirement Partners
California
$5.86K +$5.58K +40 New

TW Hedge Fund Activity: Q2 2025 in Review

570 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Tradeweb Markets (TW) for Q2 2025, worth a combined $16.9B — down 2.3% from $17.3B a quarter earlier.

Buyers outnumbered sellers: 81 funds opened new TW positions and 55 closed out — a net gain of 26 holders — while 202 added to existing stakes and 218 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $230M. The largest seller was Wellington Management Group, cutting an estimated $351M.

  • 570 institutional investors held Tradeweb Markets (TW) as of Q2 2025, up from 550 in Q1 2025.
  • Funds reported $16.9B of Tradeweb Markets stock for Q2 2025, down 2.3% quarter-over-quarter.
  • 81 funds opened new Tradeweb Markets positions in Q2 2025 and 55 closed out, a net change of +26 holders.
  • The largest Tradeweb Markets buyer in Q2 2025 was T. Rowe Price Associates, an estimated $230M added.
  • The largest Tradeweb Markets seller in Q2 2025 was Wellington Management Group, an estimated $351M sold.

Based on aggregated 13F filings for Q2 2025.