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TW

Tradeweb Markets Inc.

Sector: financial servicesFinancial - Capital MarketsNASDAQMarket Cap: $25.40B

Tradeweb Markets (TW) electronic capital markets platform with zero government dependence but net congressional buys from two House Republicans.

Next filing → your inbox
Govt Dependence
0/100
Regulatory Density
70/100
Lobbying Intensity
0/100
Political Signal
MODERATE BULLISH

BusinessWhat TW does

Tradeweb Markets Inc. operates in the financial services sector, specifically the Financial - Capital Markets industry.

12 months past · 3 months futureTW activity timeline

$130$110$89 OctNovDecJan '26FebMarAprMayJunJulAugSepOctNovDec ↓ PAST — recorded activity ↑ FUTURE — scheduled markups · pending votes TODAY · Sep 14 $126.57 hi $91.50 lo $103.47 CONGRESS 26 INSIDERS 0 13F FUNDS 30 BILLS 5 Julia Letlow (R) · Sale · 2025-10-01Byron Donalds (R) · Purchase · 2025-10-09Byron Donalds (R) · purchase · 2025-10-09 Renaissance Technologies · - $48102M · 2026-03-31Two Sigma Investments · - $35442M · 2026-03-31Viking Global Investors · OPENED $298M · 2025-12-31Renaissance Technologies · - $183M · 2025-09-30Two Sigma Investments · + $64M · 2025-12-31Renaissance Technologies · - $64M · 2025-12-31D.E. Shaw & Co. · + $62M · 2025-09-30Two Sigma Investments · + $56M · 2025-09-30D.E. Shaw & Co. · - $45M · 2025-12-31Citadel Advisors · + $13M · 2025-12-31Citadel Advisors · - $6M · 2025-09-30 MARKUP · House Financial Services · 2026-09-15MARKUP · House Small Business Subcommittee on Innovation, Entrepreneu · 2026-09-15MARKUP · House Financial Services · 2026-09-16MARKUP · Senate Banking, Housing, and Urban Affairs · 2026-09-17MARKUP · House Financial Services Subcommittee on Financial Instituti · 2026-09-18
Congress
buy sell
Insider · Form 4
open-market buy
Hedge fund · 13F
opened + added − trimmed closed holds
Bills
past action (this ticker) upcoming markup (sector) carveout (this ticker)
243 trading days · 3 congressional trades shown · 0 insider buys · 11 13F filings · 0 past bill actions · 5 upcoming markups

Lifetime Government AwardsTW federal contracts

TW doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Smart Money · 13F HoldingsHedge funds holding TW

$83.90B
Total TW held by tracked 13F funds
5
Funds with TW positions
+1
Funds opened this quarter
Renaissance Technologies $48.10B -31% 2026-03-31
Two Sigma Investments $35.44B -50% 2026-03-31
Viking Global Investors $298M opened 2 overlap 2025-12-31
D.E. Shaw & Co. $45M -26% 2 overlap 2025-12-31
Citadel Advisors $13M +129% 2 overlap 2025-12-31

Politicians Trading TWMembers of Congress with recent TW positions

2 politicians traded TW across 8 disclosed transactions totaling $64K (last 730 days). Greed score = composite of trade frequency, volume & recency across the politician's entire history (not just TW). 0-30 LOW · 30-60 MID · 60+ HIGH.

Congressional TradesWho in Congress is trading TW

2025-10-01 Julia Letlow R-Louisiana · house Sale $1,001 - $15,000 104d late
2025-07-29 Julia Letlow R-Louisiana · house Purchase $1,001 - $15,000 168d late
2025-10-09 Byron Donalds R-Florida · house Purchase $1,001 - $15,000
2025-10-09 Byron Donalds R-Florida · house purchase $1,001 - $15,000
2025-09-04 Byron Donalds R-Florida · house Sale $1,001 - $15,000
2025-09-04 Byron Donalds R-Florida · house sale $1,001 - $15,000
2025-03-20 Byron Donalds R-Florida · house purchase $1,001 - $15,000
2025-03-20 Byron Donalds R-Florida · house Purchase $1,001 - $15,000
2016-01-05 (unknown) exchange $1,001 - $15,000
2016-01-05 (unknown) Exchange $1,001 - $15,000
2015-08-04 (unknown) Purchase $1,001 - $15,000
2015-08-04 (unknown) purchase $1,001 - $15,000
26+ trades on file · most recent 2026-01-13

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

No Form 4 activity recorded in the last 180 days.

Political ProfileWhere TW sits in Washington

Net 5 buys vs 3 sells by two House Republicans (Donalds, Byron and Letlow, Julia; buy max $75K) per get_sector_political_positioning, despite zero insider cluster per get_corporate_insider_signal and zero lobbying per get_political_influence.

Capitol Hill AlliesChampions & critics

Congressional champions

  • Donalds, Byron (R-house) — buyer per get_sector_political_positioning
  • Letlow, Julia (R-house) — buyer per get_sector_political_positioning

Congressional critics

  • No specific congressional critics identified.
Member intelligence layer

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Frequently AskedAbout TW & political exposure

Does Tradeweb Markets Inc. (TW) hold federal contracts?
No direct prime contracts reported in USASpending.gov for Tradeweb Markets Inc.. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.
Has Congress traded TW stock?
26 congressional trades by 5 unique members of Congress, most recently on 2025-10-09. See the Congressional Trading panel for politician-by-politician breakdown.
What is TW political risk profile?
Government dependence: 0/100. Lobbying intensity: 0/100. Political signal: moderate-bullish.
How does GovGreed track TW political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. TW data is updated daily from these official federal sources.