Is Tradeweb Markets (TW) A Great Investment Choice?

Baron Funds, an asset management firm, published its “Baron FinTech Fund” fourth quarter 2021 investor letter – a copy of which can be downloaded here. A return of 2.53% was delivered by the fund’s institutional shares for the fourth quarter of 2021, compared to its benchmarks, the S&P 500 Index, which appreciated 11.03%, and the FactSet Global FinTech Index which rose 7.68% for the same period. Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.

Baron FinTech Fund, in its Q4 2021 investor letter, mentioned Tradeweb Markets Inc. (NASDAQ:TW) and discussed its stance on the firm. Founded in 1996, Tradeweb Markets Inc. (NASDAQ:TW) is a New York, New York-based financial services company with a $27.6 billion market capitalization, and is currently spearheaded by its CEO, Lee Olesky. Tradeweb Markets Inc. (NASDAQ:TW) delivered a -16.38% return since the beginning of the year, while its 12-month returns are up by 11.88%. The stock closed at $83.74 per share on March 14, 2022.

Here is what Baron FinTech Fund has to say about Tradeweb Markets Inc. (NASDAQ:TW) in its Q4 2021 investor letter:

“Investing decisions and trade execution increasingly rely on digital solutions to improve performance and reduce costs. Tradeweb Markets Inc. operate the leading electronic trading platforms for fixed income markets and benefit from the secular shift from voice-based trading to electronic trading. Strength in Capital Markets was broad based, led by double-digit gains from trading platforms Tradeweb Markets Inc. Tradeweb’s shares reacted positively to solid quarterly results as the company continued to gain market share, particularly in interest rate swaps and U.S. credit.”

Our calculations show that Tradeweb Markets Inc. (NASDAQ:TW) failed to obtain a mark on our list of the 30 Most Popular Stocks Among Hedge Funds. Tradeweb Markets Inc. (NASDAQ:TW) was in 20 hedge fund portfolios at the end of the fourth quarter of 2021, compared to 22 funds in the previous quarter. Tradeweb Markets Inc. (NASDAQ:TW) delivered a -12.31% return in the past 3 months. You can find other letters from hedge funds and prominent investors on our hedge fund investor letters 2021 Q4 page.

Disclosure: None. This article is originally published at Insider Monkey.