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, Q4 2025
Institutional positions in NexPoint Real Estate Finance, Inc. as of Dec 31, 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
- 79
- +3 vs. Q3 2025
- Shares held
- 12.9M
- +1.04M (+8.7%) vs. Q3 2025
- Total value
- $181.6M
- +$13.4M (+8.0%) vs. Q3 2025
- New holders
- 13
- 22 more added
- Sold out
- 10
- 34 more reduced
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding NexPoint Real Estate Finance, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Highland Capital Management Fund Advisors, L.P. | 9,439,635 | $132.9M | 9.26% | +852,271+9.9% | Added |
| BlackRock, Inc. | 625,390 | $8.81M | 0.00% | +8,770+1.4% | Added |
| Vanguard Group Inc | 397,174 | $5.59M | 0.00% | −34,953−8.1% | Reduced |
| Raymond James Financial Inc | 314,049 | $4.42M | 0.00% | +5,572+1.8% | Added |
| Independent Financial Group, LLC | 238,133 | $3.35M | 0.07% | +166,298+231.5% | Added |
| Morgan Stanley | 194,271 | $2.74M | 0.00% | +28,836+17.4% | Added |
| Geode Capital Management, LLC | 174,155 | $2.45M | 0.00% | −11,799−6.3% | Reduced |
| State Street Corp | 170,751 | $2.40M | 0.00% | −475−0.3% | Reduced |
| O'Shaughnessy Asset Management, LLC | 157,700 | $2.22M | 0.01% | +46,679+42.0% | Added |
| Copley Financial Group, Inc. | 123,307 | $1.74M | 1.07% | +9,473+8.3% | Added |
| Ritholtz Wealth Management | 96,697 | $1.36M | 0.02% | +29,291+43.5% | Added |
| Goldman Sachs Group Inc | 89,469 | $1.26M | 0.00% | −6,739−7.0% | Reduced |
| Millennium Management LLC | 87,151 | $1.23M | 0.00% | −52,813−37.7% | Reduced |
| Penserra Capital Management LLC | 81,016 | $1.14M | 0.01% | +9,770+13.7% | Added |
| 1776 Wealth LLC | 72,399 | $1.02M | 0.38% | −59−0.1% | Reduced |
| Wedbush Securities Inc | 67,977 | $957.0K | 0.03% | −2,380−3.4% | Reduced |
| Northern Trust Corp | 52,477 | $738.9K | 0.00% | −4,252−7.5% | Reduced |
| LPL Financial LLC | 44,538 | $627.1K | 0.00% | +7,961+21.8% | Added |
| Berkeley Capital Partners, LLC | 40,909 | $576.0K | 0.14% | +1,049+2.6% | Added |
| Morey & Quinn Wealth Partners, LLC | 37,884 | $533.4K | 0.38% | −405−1.1% | Reduced |
| Two Sigma Investments, LP | 34,805 | $490.1K | 0.00% | +14,294+69.7% | Added |
| Bank of America Corp | 28,834 | $406.0K | 0.00% | +6,449+28.8% | Added |
| HighTower Advisors, LLC | 24,672 | $347.4K | 0.00% | +30.0% | Added |
| Charles Schwab Investment Management Inc | 23,917 | $336.8K | 0.00% | −2,440−9.3% | Reduced |
| Concorde Asset Management, LLC | 23,350 | $328.8K | 0.13% | +1,980+9.3% | Added |
| Barclays PLC | 22,858 | $321.8K | 0.00% | +951+4.3% | Added |
| Jane Street Group, LLC | 22,422 | $315.7K | 0.00% | +22,422 | New |
| Russell Investments Group, Ltd. | 22,322 | $314.3K | 0.00% | +8,754+64.5% | Added |
| Cetera Investment Advisers | 19,954 | $280.9K | 0.00% | +19,954 | New |
| Navis Wealth Advisors, LLC | 19,645 | $276.6K | 0.12% | +672+3.5% | Added |
| Acadian Asset Management LLC | 19,627 | $275.0K | 0.00% | +12,512+175.9% | Added |
| Bank of New York Mellon Corp | 17,142 | $241.4K | 0.00% | −2,844−14.2% | Reduced |
| Alliancebernstein L.P. | 13,840 | $194.9K | 0.00% | 00.0% | Unchanged |
| Invesco Ltd. | 11,854 | $166.9K | 0.00% | +11,854 | New |
| Advisor Group Holdings, Inc. | 11,804 | $166.2K | 0.00% | −1,959−14.2% | Reduced |
| Rhumbline Advisers | 10,411 | $146.6K | 0.00% | −1,481−12.5% | Reduced |
| Deutsche Bank AG | 9,999 | $140.8K | 0.00% | −3,584−26.4% | Reduced |
| Wells Fargo & Company | 8,581 | $120.8K | 0.00% | +2,718+46.4% | Added |
| Daytona Street Capital LLC | 7,000 | $98.6K | 0.08% | +7,000 | New |
| New York State Common Retirement Fund | 5,468 | $77.0K | 0.00% | 00.0% | Unchanged |
| Mirae Asset Global ETFs Holdings Ltd. | 3,520 | $49.6K | 0.00% | −36−1.0% | Reduced |
| JPMorgan Chase & Co | 3,253 | $45.8K | 0.00% | −3,821−54.0% | Reduced |
| Legacy Wealth Managment, LLC | 3,155 | $44.4K | 0.02% | −10.0% | Reduced |
| BNP Paribas Arbitrage, SA | 2,676 | $37.7K | 0.00% | −120−4.3% | Reduced |
| Public Employees Retirement System of Ohio | 1,970 | $27.7K | 0.00% | 00.0% | Unchanged |
| Police & Firemen's Retirement System of New Jersey | 1,846 | $26.0K | 0.00% | 00.0% | Unchanged |
| STRS Ohio | 1,700 | $23.9K | 0.00% | 00.0% | Unchanged |
| Royal Bank of Canada | 1,535 | $22.0K | 0.00% | −3,396−68.9% | Reduced |
| Nisa Investment Advisors, LLC | 1,562 | $22.0K | 0.00% | −1,230−44.1% | Reduced |
| Tower Research Capital LLC (TRC) | 1,225 | $17.2K | 0.00% | +336+37.8% | Added |
| Strategic Wealth Partners, Ltd. | 1,000 | $14.1K | 0.00% | +1,000 | New |
| UBS Group AG | 959 | $13.5K | 0.00% | −6,778−87.6% | Reduced |
| Legal & General Group Plc | 717 | $10.1K | 0.00% | 00.0% | Unchanged |
| Jones Financial Companies LLLP | 600 | $8.45K | 0.00% | +600 | New |
| Ameritas Investment Partners, Inc. | 588 | $8.28K | 0.00% | 00.0% | Unchanged |
| Citigroup Inc | 556 | $7.83K | 0.00% | −573−50.8% | Reduced |
| California State Teachers Retirement System | 471 | $6.63K | 0.00% | −121−20.4% | Reduced |
| Sterling Capital Management LLC | 441 | $6.21K | 0.00% | −87−16.5% | Reduced |
| UBS Asset Management Americas Inc | 414 | $5.83K | 0.00% | +414 | New |
| FMR LLC | 393 | $5.53K | 0.00% | −639−61.9% | Reduced |
| CWM, LLC | 336 | $5.00K | 0.00% | −96−22.2% | Reduced |
| Harbour Investments, Inc. | 300 | $4.22K | 0.00% | 00.0% | Unchanged |
| Amalgamated Bank | 240 | $3.00K | 0.00% | −32−11.8% | Reduced |
| Harbor Capital Advisors, Inc. | 219 | $3.00K | 0.00% | −4−1.8% | Reduced |
| Covestor Ltd | 196 | $3.00K | 0.00% | −28−12.5% | Reduced |
| GAMMA Investing LLC | 209 | $2.94K | 0.00% | +141+207.4% | Added |
| Gilpin Wealth Management, LLC | 164 | $2.31K | 0.00% | +164 | New |
| Optiver Holding B.V. | 152 | $2.14K | 0.00% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 110 | $1.55K | 0.00% | 00.0% | Unchanged |
| Massmutual Trust Co FSB | 64 | $901 | 0.00% | +64 | New |
| The PNC Financial Services Group, Inc. | 40 | $563 | 0.00% | −3−7.0% | Reduced |
| IFP Advisors, Inc | 30 | $422 | 0.00% | −3−9.1% | Reduced |
| Transamerica Financial Advisors, Inc. | 15 | $211 | 0.00% | +15 | New |
| Kilter Group LLC | 9 | $127 | 0.00% | +9 | New |
| Essential Partners LLC | 8 | $113 | 0.00% | −95−92.2% | Reduced |
| MAI Capital Management | 6 | $85 | 0.00% | +6 | New |
| Allworth Financial LP | 1 | $15 | 0.00% | −2−66.7% | Reduced |
| SRS Capital Advisors, Inc. | 1 | $14 | 0.00% | −124−99.2% | Reduced |
| Rothschild Investment LLC | 1 | $14 | 0.00% | +1 | New |
| Summit Asset Management, LLC | 0 | $0 | 0.00% | −40,083−100.0% | Sold out |
| Vident Advisory, LLC | 0 | $0 | 0.00% | −18,120−100.0% | Sold out |
| HSBC Holdings PLC | 0 | $0 | 0.00% | −13,930−100.0% | Sold out |
| HRT Financial LP | 0 | $0 | 0.00% | −11,733−100.0% | Sold out |
| PFG Investments, LLC | 0 | $0 | 0.00% | −10,765−100.0% | Sold out |
| Simplex Trading, LLC | 0 | $0 | 0.00% | −1,714−100.0% | Sold out |
| Advisory Services Network, LLC | 0 | $0 | 0.00% | −993−100.0% | Sold out |
| Private Wealth Management Group, LLC | 0 | $0 | 0.00% | −186−100.0% | Sold out |
| UMA Financial Services, Inc. | 0 | $0 | 0.00% | −68−100.0% | Sold out |
| True Wealth Design, LLC | 0 | $0 | 0.00% | −5−100.0% | Sold out |