Tradeweb Markets Inc.: which funds bought and sold
Institutions that bought and sold Tradeweb Markets shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.
Between March 31, 2026 and June 30, 2026, 290 institutions that filed 13F reports for both quarters added to or opened positions in Tradeweb Markets, and 297 cut or closed them. Together they sold a net 1.1M shares, −0.9% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 4.3M shares (+7.8%); index fund managers were net buyers of 692K shares (+2.8%). 60 opened a new position and 84 sold out entirely.
Bought, Q2 2026 290 institutions, 60 of them new holders Sold, Q2 2026 297 institutions, 84 of them sold out
Net change, all compared −1.1M shares (−0.9%)
Net change, active managers +4.3M shares (+7.8%), 40 bought, 34 sold
Buyers versus sellers
290 bought 48 297 sold
Active managers and hedge funds 40 bought · 34 sold · +4.3M
Index fund managers 8 bought · 2 sold · +692K
Other institutions 242 bought · 261 sold · −6.0M
Biggest buyers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Carmignac Gestion Active manager | +1.6M +69.6% | 3.9M | $386M |
| Price T Rowe Associates Inc Active manager | +1.4M +9.6% | 16.4M | $1.6B |
| Marshall Wace, LLP Hedge fund | +905K +239.9% | 1.3M | $128M |
| D. E. Shaw & Co., Inc. Hedge fund | +737K +191.5% | 1.1M | $112M |
| Citadel Advisors LLC Hedge fund | +698K +99.8% | 1.4M | $139M |
| Artisan Partners Limited Partnership Active manager | +621K +117.0% | 1.2M | $115M |
| Qube Research & Technologies Ltd Hedge fund | +593K +251.2% | 829K | $82.6M |
| Two Sigma Investments, LP Hedge fund | +520K +172.7% | 822K | $81.9M |
| Vanguard Portfolio Management LLC Index funds | +448K +8.0% | 6.1M | $604M |
| Point72 Asset Management, L.P. Hedge fund | +373K New position | 373K | $37.1M |
| Panagora Asset Management Inc Active manager | +345K New position | 345K | $34.3M |
| Goldman Sachs Group Inc | +328K +120.1% | 602K | $60M |
| Viking Global Investors LP Hedge fund | +314K New position | 314K | $31.3M |
| Vinva Investment Management Ltd | +249K +82.1% | 553K | $51M |
| Freestone Grove Partners LP Hedge fund | +229K New position | 229K | $22.8M |
| Holocene Advisors, LP Hedge fund | +228K New position | 228K | $22.7M |
| Susquehanna International Group, LLP | +206K +170.9% | 326K | $32.5M |
| HRT Financial LP | +187K +235.2% | 267K | $26.6M |
| Distillate Capital Partners LLC | +184K New position | 184K | $18.4M |
| Bank Of America Corp | +184K +22.3% | 1.0M | $101M |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Carmignac Gestion Active manager | +1.6M +69.6% | 3.9M | $386M |
| Price T Rowe Associates Inc Active manager | +1.4M +9.6% | 16.4M | $1.6B |
| Marshall Wace, LLP Hedge fund | +905K +239.9% | 1.3M | $128M |
| D. E. Shaw & Co., Inc. Hedge fund | +737K +191.5% | 1.1M | $112M |
| Citadel Advisors LLC Hedge fund | +698K +99.8% | 1.4M | $139M |
| Artisan Partners Limited Partnership Active manager | +621K +117.0% | 1.2M | $115M |
| Qube Research & Technologies Ltd Hedge fund | +593K +251.2% | 829K | $82.6M |
| Two Sigma Investments, LP Hedge fund | +520K +172.7% | 822K | $81.9M |
| Point72 Asset Management, L.P. Hedge fund | +373K New position | 373K | $37.1M |
| Panagora Asset Management Inc Active manager | +345K New position | 345K | $34.3M |
Biggest sellers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Linonia Partnership LP | −2.8M Sold out | 0 | — |
| Cantillon Capital Management LLC | −2.3M −95.4% | 109K | $10.9M |
| Jpmorgan Chase & Co | −1.7M −83.9% | 323K | $30.3M |
| Wellington Management Group LLP Active manager | −1.3M −17.3% | 6.2M | $618M |
| UBS Group AG | −1.2M −61.3% | 746K | $74.4M |
| Champlain Investment Partners, LLC Active manager | −1.0M −70.4% | 435K | $43.3M |
| Millennium Management LLC Hedge fund | −540K −27.5% | 1.4M | $142M |
| Jane Street Group, LLC | −494K −71.0% | 202K | $20.1M |
| Engineers Gate Manager LP Hedge fund | −338K −80.6% | 81K | $8.1M |
| North Reef Capital Management LP Hedge fund | −337K Sold out | 0 | — |
| Worldquant Millennium Advisors LLC Hedge fund | −268K −96.7% | 9,257 | $922,553 |
| Australiansuper Pty Ltd | −258K −95.6% | 12K | $1.2M |
| Ninety One Uk Ltd | −247K −15.6% | 1.3M | $134M |
| Harding Loevner LP Active manager | −242K −22.3% | 843K | $84M |
| Square Wave Capital, LLC | −215K −43.4% | 280K | $27.9M |
| Fil Ltd Active manager | −196K −24.9% | 591K | $58.9M |
| Franklin Resources Inc Active manager | −191K −14.1% | 1.2M | $116M |
| Neuberger Berman Group LLC Active manager | −177K −28.0% | 456K | $45.4M |
| Praesidium Investment Management Company, LLC | −167K −74.3% | 58K | $5.7M |
| AQR Capital Management LLC Hedge fund | −108K −3.7% | 2.8M | $272M |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Wellington Management Group LLP Active manager | −1.3M −17.3% | 6.2M | $618M |
| Champlain Investment Partners, LLC Active manager | −1.0M −70.4% | 435K | $43.3M |
| Millennium Management LLC Hedge fund | −540K −27.5% | 1.4M | $142M |
| Engineers Gate Manager LP Hedge fund | −338K −80.6% | 81K | $8.1M |
| North Reef Capital Management LP Hedge fund | −337K Sold out | 0 | — |
| Worldquant Millennium Advisors LLC Hedge fund | −268K −96.7% | 9,257 | $922,553 |
| Harding Loevner LP Active manager | −242K −22.3% | 843K | $84M |
| Fil Ltd Active manager | −196K −24.9% | 591K | $58.9M |
| Franklin Resources Inc Active manager | −191K −14.1% | 1.2M | $116M |
| Neuberger Berman Group LLC Active manager | −177K −28.0% | 456K | $45.4M |
New positions
| Institution | Shares | Value June 30, 2026 |
|---|---|---|
| Point72 Asset Management, L.P.Hedge fund | 373K | $37.1M |
| Panagora Asset Management IncActive manager | 345K | $34.3M |
| Viking Global Investors LPHedge fund | 314K | $31.3M |
| Freestone Grove Partners LPHedge fund | 229K | $22.8M |
| Holocene Advisors, LPHedge fund | 228K | $22.7M |
| Distillate Capital Partners LLC | 184K | $18.4M |
| Schonfeld Strategic Advisors LLCHedge fund | 175K | $17.5M |
| Xtx Topco Ltd | 141K | $14.1M |
| USS Investment Management Ltd | 127K | $12.7M |
| Gillson Capital LP | 125K | $12.4M |
Sold out
| Institution | Shares | Value March 31, 2026 |
|---|---|---|
| Linonia Partnership LP | 2.8M | $328M |
| North Reef Capital Management LPHedge fund | 337K | $39.7M |
| Exoduspoint Capital Management, LPHedge fund | 61K | $7.2M |
| Tredje Ap-Fonden | 50K | $5.9M |
| Lord, Abbett & Co. LLC | 31K | $3.7M |
| Clear Harbor Asset Management, LLC | 27K | $3.2M |
| Illumine Investment Management, LLC | 17K | $2M |
| Capital Fund Management S.A.Hedge fund | 16K | $1.9M |
| Oak Thistle LLC | 12K | $1.4M |
| Two Sigma Securities, LLC | 11K | $1.3M |
Who holds the shares
- Institutions reporting
- 560
- Ten largest holders
- 48.1% of 13F-reported shares
- Index fund managers
- 22.0% of 13F-reported shares
- Active managers and hedge funds
- 50.9% of 13F-reported shares
| Type | Bought | Sold | New | Sold out | Net change in shares | Net % |
|---|---|---|---|---|---|---|
| Active managers and hedge funds | 40 | 34 | 11 | 7 | +4.3M | +7.8% |
| Index fund managers | 8 | 2 | 0 | 0 | +692K | +2.8% |
| Other institutions | 242 | 261 | 49 | 77 | −6.0M | −16.8% |