NexPoint Real Estate Finance, Inc.
NREF- Exchange
- NYSE
- Industry
- Real Estate Investment Trusts
- SEC CIK
- 0001786248
No open-market purchases or sales by NexPoint Real Estate Finance, Inc. insiders were filed in the last 90 days; 77 institutions reported holding it in 13F filings for Q2 2026, worth $199.9M in total; no superinvestor holds it.
Other share classesNREF.PA
13F holders, Q3 2025
Institutional positions in NexPoint Real Estate Finance, Inc. as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 76
- +3 vs. Q2 2025
- Shares held
- 11.9M
- +98.1K (+0.8%) vs. Q2 2025
- Total value
- $168.1M
- +$5.99M (+3.7%) vs. Q2 2025
- New holders
- 11
- 32 more added
- Sold out
- 8
- 20 more reduced
3 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 2025: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting NREF on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 77 | $199.9M |
| Q1 2026 | 86 | $173.4M |
| Q4 2025 | 79 | $181.6M |
| Q3 2025 | 76 | $168.1M |
| Q2 2025 | 76 | $162.3M |
| Q1 2025 | 75 | $180.0M |
| Q4 2024 | 77 | $184.1M |
| Q3 2024 | 69 | $183.4M |
| Q2 2024 | 65 | $161.7M |
| Q1 2024 | 62 | $171.9M |
| Q4 2023 | 60 | $186.4M |
| Q3 2023 | 60 | $191.8M |
| Q2 2023 | 54 | $184.1M |
| Q1 2023 | 56 | $178.9M |
| Q4 2022 | 60 | $157.0M |
| Q3 2022 | 55 | $147.6M |
| Q2 2022 | 71 | $202.7M |
| Q1 2022 | 57 | $206.5M |
| Q4 2021 | 47 | $79.1M |
| Q3 2021 | 41 | $77.6M |
| Q2 2021 | 37 | $42.6M |
| Q1 2021 | 29 | $38.7M |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding NexPoint Real Estate Finance, Inc.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Highland Capital Management Fund Advisors, L.P. | 8,587,364 | $121.8M | 10.83% | 00.0% | Unchanged |
| BlackRock, Inc. | 616,620 | $8.74M | 0.00% | −6,851−1.1% | Reduced |
| Vanguard Group Inc | 432,127 | $6.13M | 0.00% | −2,709−0.6% | Reduced |
| Raymond James Financial Inc | 308,477 | $4.37M | 0.00% | +3,190+1.0% | Added |
| Geode Capital Management, LLC | 185,954 | $2.64M | 0.00% | −15,356−7.6% | Reduced |
| State Street Corp | 171,226 | $2.43M | 0.00% | +9,065+5.6% | Added |
| Morgan Stanley | 165,435 | $2.35M | 0.00% | +7,084+4.5% | Added |
| Millennium Management LLC | 139,964 | $1.98M | 0.00% | −5,617−3.9% | Reduced |
| Copley Financial Group, Inc. | 113,834 | $1.61M | 1.10% | +75,918+200.2% | Added |
| O'Shaughnessy Asset Management, LLC | 111,021 | $1.57M | 0.01% | +16,173+17.1% | Added |
| Goldman Sachs Group Inc | 96,208 | $1.36M | 0.00% | +51,973+117.5% | Added |
| 1776 Wealth LLC | 72,458 | $1.03M | 0.40% | +3,304+4.8% | Added |
| Independent Financial Group, LLC | 71,835 | $1.02M | 0.02% | +18,227+34.0% | Added |
| Penserra Capital Management LLC | 71,246 | $1.01M | 0.01% | +2,403+3.5% | Added |
| Wedbush Securities Inc | 70,357 | $998.0K | 0.03% | −6,560−8.5% | Reduced |
| Ritholtz Wealth Management | 67,406 | $955.8K | 0.02% | +10,774+19.0% | Added |
| Northern Trust Corp | 56,729 | $804.4K | 0.00% | −5,949−9.5% | Reduced |
| Summit Asset Management, LLC | 40,083 | $568.4K | 0.09% | 00.0% | Unchanged |
| Berkeley Capital Partners, LLC | 39,860 | $565.2K | 0.13% | −69−0.2% | Reduced |
| Morey & Quinn Wealth Partners, LLC | 38,289 | $542.9K | 0.40% | −1,350−3.4% | Reduced |
| LPL Financial LLC | 36,577 | $518.7K | 0.00% | +8,485+30.2% | Added |
| Charles Schwab Investment Management Inc | 26,357 | $373.7K | 0.00% | +2,375+9.9% | Added |
| HighTower Advisors, LLC | 24,669 | $349.8K | 0.00% | 00.0% | Unchanged |
| Bank of America Corp | 22,385 | $317.4K | 0.00% | +487+2.2% | Added |
| Barclays PLC | 21,907 | $310.6K | 0.00% | −1,592−6.8% | Reduced |
| Concorde Asset Management, LLC | 21,370 | $301.5K | 0.13% | +21,370 | New |
| Two Sigma Investments, LP | 20,511 | $290.8K | 0.00% | +776+3.9% | Added |
| Bank of New York Mellon Corp | 19,986 | $283.4K | 0.00% | +1,730+9.5% | Added |
| Navis Wealth Advisors, LLC | 18,973 | $269.0K | 0.20% | +643+3.5% | Added |
| Vident Advisory, LLC | 18,120 | $256.9K | 0.00% | +18,120 | New |
| Advisor Group Holdings, Inc. | 13,763 | $206.4K | 0.00% | −1,289−8.6% | Reduced |
| HSBC Holdings PLC | 13,930 | $198.4K | 0.00% | −311−2.2% | Reduced |
| Alliancebernstein L.P. | 13,840 | $196.3K | 0.00% | +1,400+11.3% | Added |
| Deutsche Bank AG | 13,583 | $192.6K | 0.00% | +13,583 | New |
| Russell Investments Group, Ltd. | 13,568 | $192.4K | 0.00% | +525+4.0% | Added |
| Rhumbline Advisers | 11,892 | $168.6K | 0.00% | −813−6.4% | Reduced |
| HRT Financial LP | 11,733 | $166.0K | 0.00% | +11,733 | New |
| PFG Investments, LLC | 10,765 | $152.6K | 0.01% | −7,212−40.1% | Reduced |
| UBS Group AG | 7,737 | $109.7K | 0.00% | +4,545+142.4% | Added |
| JPMorgan Chase & Co | 7,074 | $100.3K | 0.00% | −58−0.8% | Reduced |
| Acadian Asset Management LLC | 7,115 | $99.0K | 0.00% | +2,767+63.6% | Added |
| Wells Fargo & Company | 5,863 | $83.1K | 0.00% | +956+19.5% | Added |
| New York State Common Retirement Fund | 5,468 | $77.5K | 0.00% | 00.0% | Unchanged |
| Royal Bank of Canada | 4,931 | $70.0K | 0.00% | −4,341−46.8% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 3,556 | $50.4K | 0.00% | +3,556 | New |
| Legacy Wealth Managment, LLC | 3,156 | $44.8K | 0.02% | +1,382+77.9% | Added |
| BNP Paribas Arbitrage, SA | 2,796 | $39.6K | 0.00% | +1,689+152.6% | Added |
| Nisa Investment Advisors, LLC | 2,792 | $39.6K | 0.00% | 00.0% | Unchanged |
| Public Employees Retirement System of Ohio | 1,970 | $27.9K | 0.00% | +1,970 | New |
| Police & Firemen's Retirement System of New Jersey | 1,846 | $26.2K | 0.00% | 00.0% | Unchanged |
| STRS Ohio | 1,700 | $24.1K | 0.00% | 00.0% | Unchanged |
| Simplex Trading, LLC | 1,714 | $24.0K | 0.00% | −76−4.2% | Reduced |
| Citigroup Inc | 1,129 | $16.0K | 0.00% | −1,748−60.8% | Reduced |
| FMR LLC | 1,032 | $14.6K | 0.00% | −33−3.1% | Reduced |
| Advisory Services Network, LLC | 993 | $14.1K | 0.00% | +993 | New |
| Tower Research Capital LLC (TRC) | 889 | $12.6K | 0.00% | −1,604−64.3% | Reduced |
| Legal & General Group Plc | 717 | $10.2K | 0.00% | 00.0% | Unchanged |
| California State Teachers Retirement System | 592 | $8.39K | 0.00% | 00.0% | Unchanged |
| Ameritas Investment Partners, Inc. | 588 | $8.34K | 0.00% | 00.0% | Unchanged |
| Sterling Capital Management LLC | 528 | $7.49K | 0.00% | +297+128.6% | Added |
| CWM, LLC | 432 | $6.00K | 0.00% | +110+34.2% | Added |
| Harbour Investments, Inc. | 300 | $4.25K | 0.00% | 00.0% | Unchanged |
| Amalgamated Bank | 272 | $4.00K | 0.00% | 00.0% | Unchanged |
| Harbor Capital Advisors, Inc. | 223 | $3.00K | 0.00% | +2+0.9% | Added |
| Covestor Ltd | 224 | $3.00K | 0.00% | +185+474.4% | Added |
| Private Wealth Management Group, LLC | 186 | $2.64K | 0.00% | +186 | New |
| Optiver Holding B.V. | 152 | $2.15K | 0.00% | +152 | New |
| SRS Capital Advisors, Inc. | 125 | $1.77K | 0.00% | +125 | New |
| EverSource Wealth Advisors, LLC | 110 | $1.56K | 0.00% | −3−2.7% | Reduced |
| Essential Partners LLC | 103 | $1.46K | 0.00% | +98+1,960.0% | Added |
| UMA Financial Services, Inc. | 68 | $965 | 0.00% | 00.0% | Unchanged |
| GAMMA Investing LLC | 68 | $964 | 0.00% | +12+21.4% | Added |
| The PNC Financial Services Group, Inc. | 43 | $610 | 0.00% | +43 | New |
| IFP Advisors, Inc | 33 | $468 | 0.00% | +6+22.2% | Added |
| True Wealth Design, LLC | 5 | $71 | 0.00% | +2+66.7% | Added |
| Allworth Financial LP | 3 | $43 | 0.00% | +1+50.0% | Added |
| Marshall Wace, LLP | 0 | $0 | 0.00% | −56,732−100.0% | Sold out |
| Cambridge Investment Research Advisors, Inc. | 0 | $0 | 0.00% | −37,938−100.0% | Sold out |
| Corton Capital Inc. | 0 | $0 | 0.00% | −17,104−100.0% | Sold out |
| Kapitalo Investimentos Ltda | 0 | $0 | 0.00% | −12,496−100.0% | Sold out |
| Susquehanna International Group, LLP | 0 | $0 | 0.00% | −11,273−100.0% | Sold out |
| Ameritas Advisory Services, LLC | 0 | $0 | 0.00% | −600−100.0% | Sold out |
| Transce3nd, LLC | 0 | $0 | 0.00% | −554−100.0% | Sold out |
| Massmutual Trust Co FSB | 0 | $0 | 0.00% | −49−100.0% | Sold out |
| Atria Wealth Solutions, Inc. | – | – | – | – | Not filed |
| Legacy Investment Solutions, LLC | – | – | – | – | Not filed |
| Oliver Lagore Vanvalin Investment Group | – | – | – | – | Not filed |