TPG RE Finance Trust, Inc.
TRTX- Exchange
- NYSE
- Industry
- Real Estate Investment Trusts
- SEC CIK
- 0001630472
No open-market purchases or sales by TPG RE Finance Trust, Inc. insiders were filed in the last 90 days; 154 institutions reported holding it in 13F filings for Q2 2026, worth $489.1M in total; no superinvestor holds it.
Other share classesTRTX.PC
13F holders, Q1 2025
Institutional positions in TPG RE Finance Trust, Inc. as of Mar 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
- 148
- −4 vs. Q4 2024
- Shares held
- 63.0M
- −1.28M (−2.0%) vs. Q4 2024
- Total value
- $513.6M
- −$32.9M (−6.0%) vs. Q4 2024
- New holders
- 23
- 41 more added
- Sold out
- 27
- 55 more reduced
2 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 2024: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting TRTX 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 | 154 | $489.1M |
| Q1 2026 | 157 | $452.0M |
| Q4 2025 | 154 | $511.3M |
| Q3 2025 | 140 | $500.5M |
| Q2 2025 | 139 | $479.8M |
| Q1 2025 | 148 | $513.6M |
| Q4 2024 | 154 | $548.5M |
| Q3 2024 | 150 | $463.6M |
| Q2 2024 | 134 | $392.8M |
| Q1 2024 | 124 | $347.1M |
| Q4 2023 | 116 | $288.6M |
| Q3 2023 | 119 | $301.8M |
| Q2 2023 | 111 | $329.8M |
| Q1 2023 | 109 | $319.5M |
| Q4 2022 | 116 | $302.3M |
| Q3 2022 | 132 | $309.1M |
| Q2 2022 | 128 | $399.2M |
| Q1 2022 | 127 | $514.8M |
| Q4 2021 | 118 | $517.5M |
| Q3 2021 | 109 | $522.1M |
| Q2 2021 | 106 | $541.2M |
| Q1 2021 | 106 | $463.7M |
Institutions, Q1 2025
Shares, value and share of portfolio for each institution holding TPG RE Finance Trust, Inc.; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Long Pond Capital, LP | 7,303,626 | $59.5M | 3.95% | 00.0% | Unchanged |
| TPG GP A, LLC | 7,086,779 | $57.8M | 1.17% | 00.0% | Unchanged |
| BlackRock, Inc. | 5,919,723 | $48.2M | 0.00% | −58,964−1.0% | Reduced |
| Vanguard Group Inc | 5,025,832 | $41.0M | 0.00% | +86,212+1.7% | Added |
| Morgan Stanley | 4,001,155 | $32.6M | 0.00% | +230,587+6.1% | Added |
| Goldman Sachs Group Inc | 3,930,865 | $32.0M | 0.01% | +192,126+5.1% | Added |
| Nan Shan Life Insurance Co., Ltd. | 2,853,485 | $23.3M | 0.55% | 00.0% | Unchanged |
| Gratia Capital, LLC | 2,096,856 | $17.1M | 19.48% | +904,079+75.8% | Added |
| Citigroup Inc | 1,903,490 | $15.5M | 0.01% | −3,692−0.2% | Reduced |
| State Street Corp | 1,586,949 | $13.3M | 0.00% | −96,311−5.7% | Reduced |
| Two Sigma Advisers, LP | 1,526,200 | $12.4M | 0.03% | −59,400−3.7% | Reduced |
| Geode Capital Management, LLC | 1,523,960 | $12.4M | 0.00% | +59,959+4.1% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 1,324,357 | $10.8M | 0.02% | +1,290,256+3,783.6% | Added |
| Two Sigma Investments, LP | 934,033 | $7.61M | 0.02% | −81,564−8.0% | Reduced |
| Solel Partners LP | 873,686 | $7.12M | 1.32% | +274,020+45.7% | Added |
| Qube Research & Technologies Ltd | 856,439 | $6.98M | 0.01% | +158,336+22.7% | Added |
| Arrowstreet Capital, Limited Partnership | 777,326 | $6.34M | 0.01% | −242,598−23.8% | Reduced |
| JPMorgan Chase & Co | 766,347 | $6.25M | 0.00% | −9,915−1.3% | Reduced |
| Wellington Management Group LLP | 745,419 | $6.08M | 0.00% | +41,519+5.9% | Added |
| Charles Schwab Investment Management Inc | 652,591 | $5.32M | 0.00% | −84,484−11.5% | Reduced |
| Northern Trust Corp | 620,950 | $5.06M | 0.00% | −8,501−1.4% | Reduced |
| Van Eck Associates Corp | 535,368 | $4.36M | 0.01% | −122,016−18.6% | Reduced |
| Renaissance Technologies LLC | 509,999 | $4.16M | 0.01% | −60,700−10.6% | Reduced |
| Condor Capital Management | 464,230 | $3.78M | 0.35% | +25,682+5.9% | Added |
| FMR LLC | 427,593 | $3.48M | 0.00% | +74,498+21.1% | Added |
| Cercano Management LLC | 401,607 | $3.27M | 0.10% | 00.0% | Unchanged |
| Millennium Management LLC | 364,579 | $2.97M | 0.00% | −688,895−65.4% | Reduced |
| UBS Group AG | 335,478 | $2.73M | 0.00% | −368,898−52.4% | Reduced |
| Bank of America Corp | 318,308 | $2.59M | 0.00% | −107,866−25.3% | Reduced |
| Nokomis Capital, L.L.C. | 315,871 | $2.57M | 1.11% | +111,198+54.3% | Added |
| Balyasny Asset Management LLC | 284,470 | $2.32M | 0.01% | +284,470 | New |
| Segall Bryant & Hamill, LLC | 271,240 | $2.21M | 0.03% | −1,299−0.5% | Reduced |
| Kovitz Investment Group Partners, LLC | 268,376 | $2.19M | 0.01% | +466+0.2% | Added |
| Barclays PLC | 262,291 | $2.14M | 0.00% | −79,430−23.2% | Reduced |
| Invesco Ltd. | 244,500 | $1.99M | 0.00% | −41,333−14.5% | Reduced |
| AXS Investments LLC | 197,014 | $1.61M | 0.44% | −24,317−11.0% | Reduced |
| Wolverine Asset Management LLC | 194,733 | $1.59M | 0.03% | −74,359−27.6% | Reduced |
| UBS Asset Management Americas Inc | 193,214 | $1.57M | 0.00% | 00.0% | Unchanged |
| FJ Capital Management LLC | 190,510 | $1.55M | 0.16% | +16,698+9.6% | Added |
| Prudential Financial Inc | 177,560 | $1.45M | 0.00% | −1,960−1.1% | Reduced |
| Bank of New York Mellon Corp | 174,094 | $1.42M | 0.00% | −7,274−4.0% | Reduced |
| Tudor Investment Corp Et Al | 172,449 | $1.41M | 0.01% | −110,565−39.1% | Reduced |
| Cubist Systematic Strategies, LLC | 171,297 | $1.40M | 0.02% | −94,963−35.7% | Reduced |
| Brevan Howard Capital Management LP | 165,918 | $1.35M | 0.04% | 00.0% | Unchanged |
| Teacher Retirement System of Texas | 165,420 | $1.35M | 0.01% | −128,105−43.6% | Reduced |
| Nuveen, LLC | 162,093 | $1.32M | 0.00% | +162,093 | New |
| Franklin Resources Inc | 158,887 | $1.29M | 0.00% | +3,697+2.4% | Added |
| Bracebridge Capital, LLC | 143,100 | $1.17M | 0.74% | +143,100 | New |
| Swiss National Bank | 133,300 | $1.09M | 0.00% | +21,900+19.7% | Added |
| Penserra Capital Management LLC | 125,910 | $1.03M | 0.02% | +21,898+21.1% | Added |
| Y-Intercept (Hong Kong) Ltd | 122,486 | $998.3K | 0.07% | +71,845+141.9% | Added |
| State of Wisconsin Investment Board | 113,276 | $923.2K | 0.00% | +49,269+77.0% | Added |
| Thrivent Financial for Lutherans | 112,905 | $920.0K | 0.00% | +33,944+43.0% | Added |
| D. E. Shaw & Co., Inc. | 107,692 | $877.7K | 0.00% | −282,213−72.4% | Reduced |
| Golden State Equity Partners | 99,476 | $810.7K | 0.16% | −5,569−5.3% | Reduced |
| Dimension Capital Management LLC | 93,752 | $764.1K | 0.14% | +93,752 | New |
| Jupiter Asset Management Ltd | 92,733 | $755.8K | 0.01% | +70,676+320.4% | Added |
| Rhumbline Advisers | 90,455 | $737.2K | 0.00% | −4,518−4.8% | Reduced |
| Voya Investment Management LLC | 90,391 | $736.7K | 0.00% | +25,990+40.4% | Added |
| Caxton Associates LLP | 86,651 | $706.2K | 0.02% | +86,651 | New |
| Campbell & CO Investment Adviser LLC | 85,276 | $695.0K | 0.05% | −37,394−30.5% | Reduced |
| Engineers Gate Manager LP | 84,058 | $685.1K | 0.01% | +28,630+51.7% | Added |
| Los Angeles Capital Management LLC | 83,900 | $683.8K | 0.00% | −48,322−36.5% | Reduced |
| Alliancebernstein L.P. | 82,160 | $669.6K | 0.00% | +18,750+29.6% | Added |
| Price T Rowe Associates Inc | 81,068 | $661.0K | 0.00% | +2,352+3.0% | Added |
| Acadian Asset Management LLC | 77,893 | $634.0K | 0.00% | −571,630−88.0% | Reduced |
| Susquehanna International Group, LLP | 75,578 | $616.0K | 0.00% | +19,934+35.8% | Added |
| Cerity Partners LLC | 72,422 | $590.2K | 0.00% | +594+0.8% | Added |
| Graham Capital Management, L.P. | 72,140 | $587.9K | 0.02% | −12,446−14.7% | Reduced |
| Raymond James Financial Inc | 70,423 | $573.9K | 0.00% | +5,982+9.3% | Added |
| Citadel Advisors LLC | 69,693 | $568.0K | 0.00% | −207,478−74.9% | Reduced |
| State of Wyoming | 65,998 | $537.9K | 0.07% | +17,043+34.8% | Added |
| State Board of Administration of Florida Retirement System | 64,673 | $527.1K | 0.00% | +2,737+4.4% | Added |
| Nebula Research & Development LLC | 61,821 | $503.8K | 0.05% | −8,666−12.3% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 60,036 | $489.3K | 0.00% | +60,036 | New |
| Legal & General Group Plc | 57,095 | $465.3K | 0.00% | 00.0% | Unchanged |
| California State Teachers Retirement System | 53,137 | $433.1K | 0.00% | 00.0% | Unchanged |
| Polymer Capital Management (US) LLC | 52,332 | $426.5K | 0.13% | +32,662+166.0% | Added |
| Deutsche Bank AG | 50,267 | $409.7K | 0.00% | −80,636−61.6% | Reduced |
| Dark Forest Capital Management LP | 45,753 | $372.9K | 0.02% | +45,753 | New |
| Greenland Capital Management LP | 45,000 | $366.8K | 0.06% | +45,000 | New |
| Pine Valley Investments Ltd Liability Co | 42,857 | $356.1K | 0.02% | +42,857 | New |
| Royal Bank of Canada | 40,426 | $329.0K | 0.00% | −15,773−28.1% | Reduced |
| Intech Investment Management LLC | 38,124 | $310.7K | 0.00% | +10,420+37.6% | Added |
| Wells Fargo & Company | 37,605 | $306.5K | 0.00% | −157−0.4% | Reduced |
| HSBC Holdings PLC | 36,341 | $294.4K | 0.00% | −18,779−34.1% | Reduced |
| MetLife Investment Management | 35,317 | $287.8K | 0.00% | +995+2.9% | Added |
| Centiva Capital, LP | 34,164 | $278.4K | 0.02% | +34,164 | New |
| Jane Street Group, LLC | 29,685 | $241.9K | 0.00% | +29,685 | New |
| Corebridge Financial, Inc. | 29,219 | $238.1K | 0.00% | −433−1.5% | Reduced |
| Squarepoint Ops LLC | 28,111 | $229.1K | 0.00% | +4,255+17.8% | Added |
| SG Americas Securities, LLC | 23,778 | $194.0K | 0.00% | −6,818−22.3% | Reduced |
| Janus Henderson Group PLC | 22,444 | $180.1K | 0.00% | 00.0% | Unchanged |
| Manufacturers Life Insurance Company, The | 21,179 | $172.6K | 0.00% | −996−4.5% | Reduced |
| Arizona State Retirement System | 19,731 | $160.8K | 0.00% | +3,290+20.0% | Added |
| Nisa Investment Advisors, LLC | 18,929 | $159.3K | 0.00% | −2,192−10.4% | Reduced |
| Mariner, LLC | 17,734 | $144.5K | 0.00% | +61+0.3% | Added |
| AQR Capital Management LLC | 15,576 | $126.9K | 0.00% | +15,576 | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 15,186 | $123.8K | 0.00% | 00.0% | Unchanged |
| Vident Advisory, LLC | 14,467 | $117.9K | 0.00% | +14,467 | New |