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Cliff Asness’s TW Holdings & Trades

First Buy
Q1 2021
Duration Held
18 Quarters
Largest Add
Q4 2025
+1.38 M Shares
Current Position
2.9 M Shares
$340.77 M Value

Cliff Asness's TW Position Overview

Cliff Asness (via Aqr Capital Management LLC) currently holds 2.9 M shares of Tradeweb Markets Inc. (TW) worth $340.77 M, representing 0.16% of the portfolio. First purchased in 2021-Q1, this medium-term investment has been held for 18 quarters.

Based on 13F filings, Cliff Asness has maintained a strategic position in TW, demonstrating sustained confidence in this investment. Largest addition occurred in Q4 2025, adding 1.38 M shares. Largest reduction occurred in Q2 2024, reducing 27,566 shares.

Analysis based on 13F filings available since 2013 Q2

Cliff Asness's Tradeweb Markets (TW) Holding Value Over Time

Track share changes against reported price movement

Quarterly Tradeweb Markets (TW) Trades by Cliff Asness

Report Date Bought/Sold (Sh.) % Change Qtr. End Shares Reported Price
Q1 2026 +1.04 M Add 56.14% 2.9 M $117.66
Q4 2025 +1.38 M Add 287.28% 1.85 M $107.54
Q3 2025 +122,902 Add 34.52% 478,957 $110.98
Q2 2025 +260,268 Add 271.72% 356,055 $146.40
Q1 2025 +42,909 Add 81.15% 95,787 $147.26
Q4 2024 -3,149 Reduce 5.62% 52,878 $130.92
Q3 2024 +22,703 Add 68.13% 56,027 $121.90
Q2 2024 -27,566 Reduce 45.27% 33,324 $106.00
Q1 2024 +42,906 Add 238.58% 60,890 $104.17
Q4 2023 +13,501 Add 301.16% 17,984 $90.88
Q3 2023 -4,870 Reduce 52.07% 4,483 $80.21
Q2 2023 +9,353 New Buy 9,353 $68.48
Q2 2022 -13,617 Sold Out 0 $0.00
Q4 2021 -346 Reduce 2.48% 13,617 $99.88
Q3 2021 +303 Add 2.22% 13,963 $80.78
Q2 2021 +43 Add 0.32% 13,660 $84.55
Q1 2021 +13,617 New Buy 13,617 $73.80

Cliff Asness's Tradeweb Markets Investment FAQs

Cliff Asness first purchased Tradeweb Markets Inc. (TW) in Q1 2021, acquiring 13,617 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.

Cliff Asness has held Tradeweb Markets Inc. (TW) for 18 quarters since Q1 2021.

Cliff Asness's largest addition to Tradeweb Markets Inc. (TW) was in Q4 2025, adding 1,854,882 shares worth $199.47 M.

According to the latest 13F filing for Q1 2026, Cliff Asness's firm, Aqr Capital Management LLC, owns 2,896,209 shares of Tradeweb Markets Inc. (TW), valued at approximately $340.77 M.

As of the Q1 2026 filing, Tradeweb Markets Inc. (TW) represents approximately 0.16% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.

Cliff Asness's peak holding in Tradeweb Markets Inc. (TW) was 2,896,209 shares, as reported at the end of Q1 2026.