TRADEWEB MKTS INC

Ticker: TW CUSIP: 892672106 Class: Common Stock

Philadelphia Financial Management of San Francisco, LLC's Holding History (CIK: 0001351407)

Note: Option positions (PUT/CALL) are excluded.

Q4 2020

Shares 49,632 Value ($000) $3,100 Avg Close $60.46 Range $53.81 - $68.80

Q3 2020

Shares 15,989 Value ($000) $927 Avg Close $54.98 Range $50.18 - $60.88

Q2 2020

Shares 15,448 Value ($000) $898 Avg Close $57.58 Range $40.09 - $69.06

Q1 2020

Shares 314,672 Value ($000) $13,229 Avg Close $45.80 Range $33.23 - $53.35

Q4 2019

Shares 359,644 Value ($000) $16,669 Avg Close $43.12 Range $36.88 - $47.31

Q3 2019

Shares 354,785 Value ($000) $13,120 Avg Close $44.19 Range $35.56 - $50.48

Q2 2019

Shares 143,931 Value ($000) $6,306 Avg Close $41.74 Range $33.68 - $46.33

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2020	49,632	$3,100	$60.46	$53.81 - $68.80
Q3 2020	15,989	$927	$54.98	$50.18 - $60.88
Q2 2020	15,448	$898	$57.58	$40.09 - $69.06
Q1 2020	314,672	$13,229	$45.80	$33.23 - $53.35
Q4 2019	359,644	$16,669	$43.12	$36.88 - $47.31
Q3 2019	354,785	$13,120	$44.19	$35.56 - $50.48
Q2 2019	143,931	$6,306	$41.74	$33.68 - $46.33