TRADEWEB MKTS INC

Ticker: TW CUSIP: 892672106 Class: Common Stock

Carmignac Gestion's Holding History (CIK: 0001569758)

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

Q4 2025

Shares 2,214,400 Value ($000) $238,137 Avg Close $107.35 Range $101.70 - $112.24

Q3 2025

Shares 1,259,800 Value ($000) $139,813 Avg Close $128.54 Range $109.82 - $147.49

Q2 2025

Shares 572,900 Value ($000) $83,873 Avg Close $139.53 Range $119.44 - $152.65

Q1 2025

Shares 331,000 Value ($000) $49,140 Avg Close $132.91 Range $122.31 - $148.98

Q4 2024

Shares 317,300 Value ($000) $41,541 Avg Close $131.89 Range $122.28 - $141.69

Q3 2024

Shares 347,000 Value ($000) $42,913 Avg Close $113.31 Range $103.43 - $123.75

Q2 2024

Shares 266,100 Value ($000) $28,207 Avg Close $105.67 Range $98.93 - $114.07

Q1 2024

Shares 297,988 Value ($000) $31,041 Avg Close $100.53 Range $88.49 - $108.04

Q4 2023

Shares 297,988 Value ($000) $27,081 Avg Close $89.28 Range $78.75 - $97.18

Q3 2023

Shares 340,765 Value ($000) $27,329 Avg Close $79.71 Range $64.83 - $87.53

Q2 2023

Shares 456,519 Value ($000) $31,262 Avg Close $70.83 Range $66.49 - $79.59

Q1 2023

Shares 456,519 Value ($000) $36,074 Avg Close $72.42 Range $62.45 - $79.98

Q4 2022

Shares 710,821 Value ($000) $46,154 Avg Close $58.78 Range $51.47 - $66.77

Q3 2022

Shares 705,821 Value ($000) $39,822 Avg Close $68.05 Range $56.20 - $74.74

Q2 2022

Shares 705,821 Value ($000) $48,172 Avg Close $72.68 Range $59.82 - $92.29

Q1 2021

Shares 839,204 Value ($000) $62,100 Avg Close $68.71 Range $59.35 - $75.63

Q4 2020

Shares 1,452,930 Value ($000) $90,734 Avg Close $60.46 Range $53.81 - $68.80

Q3 2020

Shares 1,453,127 Value ($000) $84,281 Avg Close $54.98 Range $50.18 - $60.88

Q2 2020

Shares 1,312,702 Value ($000) $76,322 Avg Close $57.58 Range $40.09 - $69.06

Q1 2020

Shares 1,435,485 Value ($000) $60,348 Avg Close $45.80 Range $33.23 - $53.35

Q4 2019

Shares 1,131,470 Value ($000) $52,444 Avg Close $43.12 Range $36.88 - $47.31

Q3 2019

Shares 1,138,670 Value ($000) $42,108 Avg Close $44.19 Range $35.56 - $50.48

Q2 2019

Shares 1,225,153 Value ($000) $53,674 Avg Close $41.74 Range $33.68 - $46.33

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	2,214,400	$238,137	$107.35	$101.70 - $112.24
Q3 2025	1,259,800	$139,813	$128.54	$109.82 - $147.49
Q2 2025	572,900	$83,873	$139.53	$119.44 - $152.65
Q1 2025	331,000	$49,140	$132.91	$122.31 - $148.98
Q4 2024	317,300	$41,541	$131.89	$122.28 - $141.69
Q3 2024	347,000	$42,913	$113.31	$103.43 - $123.75
Q2 2024	266,100	$28,207	$105.67	$98.93 - $114.07
Q1 2024	297,988	$31,041	$100.53	$88.49 - $108.04
Q4 2023	297,988	$27,081	$89.28	$78.75 - $97.18
Q3 2023	340,765	$27,329	$79.71	$64.83 - $87.53
Q2 2023	456,519	$31,262	$70.83	$66.49 - $79.59
Q1 2023	456,519	$36,074	$72.42	$62.45 - $79.98
Q4 2022	710,821	$46,154	$58.78	$51.47 - $66.77
Q3 2022	705,821	$39,822	$68.05	$56.20 - $74.74
Q2 2022	705,821	$48,172	$72.68	$59.82 - $92.29
Q1 2021	839,204	$62,100	$68.71	$59.35 - $75.63
Q4 2020	1,452,930	$90,734	$60.46	$53.81 - $68.80
Q3 2020	1,453,127	$84,281	$54.98	$50.18 - $60.88
Q2 2020	1,312,702	$76,322	$57.58	$40.09 - $69.06
Q1 2020	1,435,485	$60,348	$45.80	$33.23 - $53.35
Q4 2019	1,131,470	$52,444	$43.12	$36.88 - $47.31
Q3 2019	1,138,670	$42,108	$44.19	$35.56 - $50.48
Q2 2019	1,225,153	$53,674	$41.74	$33.68 - $46.33