Tradeweb Markets Inc.
US ˙ NasdaqGS ˙ US8926721064

SecurityTW / Tradeweb Markets Inc.
InstitutionFranklin Resources Inc
Latest Disclosed Ownership1,358,032 shares
Latest Disclosed Value $ 159,786,045
Franklin Resources Inc reports 37.44% decrease in ownership of TW / Tradeweb Markets Inc.

On May 13, 2026 - Franklin Resources Inc filed a 13F-HR form disclosing ownership of 1,358,032 shares of Tradeweb Markets Inc. (US:TW) valued at $159,786,045 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 11, 2026 disclosing 2,170,827 shares of Tradeweb Markets Inc.. This represents a change in shares of -37.44% during the quarter. The current value of the position is $136,387,154 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-13 2026-03-31 13F TRADEWEB MKTS CL A 892672106 1,358,032 -812,795 -37.44 159,786 -31.55 0.0391
2026-02-11 2025-12-31 13F TRADEWEB MKTS CL A 892672106 2,170,827 -1,438,641 -39.86 233,451 -41.72 0.0573
2025-11-13 2025-09-30 13F TRADEWEB MKTS CL A 892672106 3,609,468 -233,058 -6.07 400,579 -28.79 0.0999
2025-08-12 2025-06-30 13F TRADEWEB MKTS CL A 892672106 3,842,526 -41,191 -1.06 562,546 -2.43 0.1491
2025-05-13 2025-03-31 13F TRADEWEB MKTS CL A 892672106 3,883,717 32,865 0.85 576,577 14.37 0.1659
2025-02-12 2024-12-31 13F TRADEWEB MKTS CL A 892672106 3,850,852 -32,597 -0.84 504,154 -3.89 0.1400
2024-11-27 2024-09-30 13F/A-1 TRADEWEB MKTS CL A 892672106 3,883,449 -168,845 -4.17 524,537 22.12 0.1473
2024-11-12 2024-09-30 13F TRADEWEB MKTS CL A 892672106 3,883,449 -168,845 524,537 0.0253
2024-08-14 2024-06-30 13F TRADEWEB MKTS CL A 892672106 4,052,294 -296,692 -6.82 429,543 -5.19 0.1321
2024-05-13 2024-03-31 13F TRADEWEB MKTS CL A 892672106 4,348,986 151,991 3.62 453,034 18.77 0.1434
2024-02-09 2023-12-31 13F TRADEWEB MKTS CL A 892672106 4,196,995 -35,264 -0.83 381,423 12.37 0.1783
2023-11-13 2023-09-30 13F TRADEWEB MKTS CL A 892672106 4,232,259 972 0.02 339,427 17.14 0.1725
2023-08-11 2023-06-30 13F TRADEWEB MKTS CL A 892672106 4,231,287 14,681 0.35 289,759 -13.04 0.1377
2023-05-12 2023-03-31 13F TRADEWEB MKTS CL A 892672106 4,216,606 21,885 0.52 333,196 22.34 0.1672
2023-02-10 2022-12-31 13F TRADEWEB MKTS CL A 892672106 4,194,721 -6,855 -0.16 272,363 14.90 0.1416
2022-11-14 2022-09-30 13F TRADEWEB MKTS CL A 892672106 4,201,576 37,220 0.89 237,053 -16.59 0.1292
2022-08-11 2022-06-30 13F TRADEWEB MKTS CL A 892672106 4,164,356 41,183 1.00 284,217 -21.55 0.1409
2022-05-13 2022-03-31 13F TRADEWEB MKTS CL A 892672106 4,123,173 -61,845 -1.48 362,303 -13.55 0.1448
2022-02-11 2021-12-31 13F TRADEWEB MKTS CL A 892672106 4,185,018 191,273 4.79 419,088 29.90 0.1512
2021-11-12 2021-09-30 13F TRADEWEB MKTS CL A 892672106 3,993,745 -2,709 -0.07 322,615 -4.53 0.1215
2021-08-13 2021-06-30 13F TRADEWEB MKTS CL A 892672106 3,996,454 -505,814 -11.23 337,940 1.43 0.1291
2021-05-13 2021-03-31 13F TRADEWEB MKTS CL A 892672106 4,502,268 166,810 3.85 333,168 23.05 0.1356
2021-02-10 2020-12-31 13F TRADEWEB MKTS CL A 892672106 4,335,458 429,232 10.99 270,749 19.50 0.1146
2020-11-12 2020-09-30 13F TRADEWEB MKTS CL A 892672106 3,906,226 283,693 7.83 226,562 10.99 0.1097
2020-08-13 2020-06-30 13F TRADEWEB MKTS CL A 892672106 3,622,533 1,781,731 96.79 204,129 163.78 0.1052
2020-05-13 2020-03-31 13F TRADEWEB MKTS CL A 892672106 1,840,802 402,865 28.02 77,387 16.11 0.0517
2020-03-11 2019-12-31 13F/A-1 TRADEWEB MKTS CL A 892672106 1,437,937 50,867 3.67 66,648 29.93 0.0350
2020-02-12 2019-12-31 13F TRADEWEB MKTS CL A 892672106 1,437,937 66,648
2019-11-14 2019-09-30 13F TRADEWEB MKTS CL A 892672106 1,387,070 315,070 29.39 51,294 9.23 0.0279
2019-08-14 2019-06-30 13F TRADEWEB MKTS CL A 892672106 1,072,000 1,072,000 46,961 0.0250
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.