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 |
|---|---|---|---|---|---|
| Bracebridge Capital, LLC | 143,100 | $1.17M | 0.74% | +143,100 | New |
| Franklin Resources Inc | 158,887 | $1.29M | 0.00% | +3,697+2.4% | Added |
| Nuveen, LLC | 162,093 | $1.32M | 0.00% | +162,093 | New |
| Teacher Retirement System of Texas | 165,420 | $1.35M | 0.01% | −128,105−43.6% | Reduced |
| Brevan Howard Capital Management LP | 165,918 | $1.35M | 0.04% | 00.0% | Unchanged |
| Cubist Systematic Strategies, LLC | 171,297 | $1.40M | 0.02% | −94,963−35.7% | Reduced |
| Tudor Investment Corp Et Al | 172,449 | $1.41M | 0.01% | −110,565−39.1% | Reduced |
| Bank of New York Mellon Corp | 174,094 | $1.42M | 0.00% | −7,274−4.0% | Reduced |
| Prudential Financial Inc | 177,560 | $1.45M | 0.00% | −1,960−1.1% | Reduced |
| FJ Capital Management LLC | 190,510 | $1.55M | 0.16% | +16,698+9.6% | Added |
| UBS Asset Management Americas Inc | 193,214 | $1.57M | 0.00% | 00.0% | Unchanged |
| Wolverine Asset Management LLC | 194,733 | $1.59M | 0.03% | −74,359−27.6% | Reduced |
| AXS Investments LLC | 197,014 | $1.61M | 0.44% | −24,317−11.0% | Reduced |
| Invesco Ltd. | 244,500 | $1.99M | 0.00% | −41,333−14.5% | Reduced |
| Barclays PLC | 262,291 | $2.14M | 0.00% | −79,430−23.2% | Reduced |
| Kovitz Investment Group Partners, LLC | 268,376 | $2.19M | 0.01% | +466+0.2% | Added |
| Segall Bryant & Hamill, LLC | 271,240 | $2.21M | 0.03% | −1,299−0.5% | Reduced |
| Balyasny Asset Management LLC | 284,470 | $2.32M | 0.01% | +284,470 | New |
| Nokomis Capital, L.L.C. | 315,871 | $2.57M | 1.11% | +111,198+54.3% | Added |
| Bank of America Corp | 318,308 | $2.59M | 0.00% | −107,866−25.3% | Reduced |
| UBS Group AG | 335,478 | $2.73M | 0.00% | −368,898−52.4% | Reduced |
| Millennium Management LLC | 364,579 | $2.97M | 0.00% | −688,895−65.4% | Reduced |
| Cercano Management LLC | 401,607 | $3.27M | 0.10% | 00.0% | Unchanged |
| FMR LLC | 427,593 | $3.48M | 0.00% | +74,498+21.1% | Added |
| Condor Capital Management | 464,230 | $3.78M | 0.35% | +25,682+5.9% | Added |
| Renaissance Technologies LLC | 509,999 | $4.16M | 0.01% | −60,700−10.6% | Reduced |
| Van Eck Associates Corp | 535,368 | $4.36M | 0.01% | −122,016−18.6% | Reduced |
| Northern Trust Corp | 620,950 | $5.06M | 0.00% | −8,501−1.4% | Reduced |
| Charles Schwab Investment Management Inc | 652,591 | $5.32M | 0.00% | −84,484−11.5% | Reduced |
| Wellington Management Group LLP | 745,419 | $6.08M | 0.00% | +41,519+5.9% | Added |
| JPMorgan Chase & Co | 766,347 | $6.25M | 0.00% | −9,915−1.3% | Reduced |
| Arrowstreet Capital, Limited Partnership | 777,326 | $6.34M | 0.01% | −242,598−23.8% | Reduced |
| Qube Research & Technologies Ltd | 856,439 | $6.98M | 0.01% | +158,336+22.7% | Added |
| Solel Partners LP | 873,686 | $7.12M | 1.32% | +274,020+45.7% | Added |
| Two Sigma Investments, LP | 934,033 | $7.61M | 0.02% | −81,564−8.0% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 1,324,357 | $10.8M | 0.02% | +1,290,256+3,783.6% | Added |
| Geode Capital Management, LLC | 1,523,960 | $12.4M | 0.00% | +59,959+4.1% | Added |
| Two Sigma Advisers, LP | 1,526,200 | $12.4M | 0.03% | −59,400−3.7% | Reduced |
| State Street Corp | 1,586,949 | $13.3M | 0.00% | −96,311−5.7% | Reduced |
| Citigroup Inc | 1,903,490 | $15.5M | 0.01% | −3,692−0.2% | Reduced |
| Gratia Capital, LLC | 2,096,856 | $17.1M | 19.48% | +904,079+75.8% | Added |
| Nan Shan Life Insurance Co., Ltd. | 2,853,485 | $23.3M | 0.55% | 00.0% | Unchanged |
| Goldman Sachs Group Inc | 3,930,865 | $32.0M | 0.01% | +192,126+5.1% | Added |
| Morgan Stanley | 4,001,155 | $32.6M | 0.00% | +230,587+6.1% | Added |
| Vanguard Group Inc | 5,025,832 | $41.0M | 0.00% | +86,212+1.7% | Added |
| BlackRock, Inc. | 5,919,723 | $48.2M | 0.00% | −58,964−1.0% | Reduced |
| TPG GP A, LLC | 7,086,779 | $57.8M | 1.17% | 00.0% | Unchanged |
| Long Pond Capital, LP | 7,303,626 | $59.5M | 3.95% | 00.0% | Unchanged |
| SEI Investments Co | 0 | $0 | 0.00% | −294,462−100.0% | Sold out |
| Marshall Wace, LLP | 0 | $0 | 0.00% | −251,525−100.0% | Sold out |
| Wolverine Trading, LLC | 0 | $0 | 0.00% | −203,124−100.0% | Sold out |
| Algert Global LLC | 0 | $0 | 0.00% | −193,844−100.0% | Sold out |
| Gsa Capital Partners LLP | 0 | $0 | 0.00% | −190,750−100.0% | Sold out |
| HRT Financial LP | 0 | $0 | 0.00% | −160,940−100.0% | Sold out |
| ExodusPoint Capital Management, LP | 0 | $0 | 0.00% | −127,418−100.0% | Sold out |
| Clear Street Markets LLC | 0 | $0 | 0.00% | −113,100−100.0% | Sold out |
| Connor, Clark & Lunn Investment Management Ltd. | 0 | $0 | 0.00% | −108,585−100.0% | Sold out |
| Magnetar Financial LLC | 0 | $0 | 0.00% | −95,054−100.0% | Sold out |
| Caption Management, LLC | 0 | $0 | 0.00% | −60,874−100.0% | Sold out |
| Mackenzie Financial Corp | 0 | $0 | 0.00% | −59,011−100.0% | Sold out |
| FNY Investment Advisers, LLC | 0 | $0 | 0.00% | −55,600−100.0% | Sold out |
| PharVision Advisers, LLC | 0 | $0 | 0.00% | −54,131−100.0% | Sold out |
| Verition Fund Management LLC | 0 | $0 | 0.00% | −46,900−100.0% | Sold out |
| Summit Global Investments | 0 | $0 | 0.00% | −43,045−100.0% | Sold out |
| Simplex Trading, LLC | 0 | $0 | 0.00% | −41,948−100.0% | Sold out |
| TCW Group Inc | 0 | $0 | 0.00% | −38,376−100.0% | Sold out |
| Alpine Global Management, LLC | 0 | $0 | 0.00% | −37,261−100.0% | Sold out |
| Corton Capital Inc. | 0 | $0 | 0.00% | −24,343−100.0% | Sold out |
| Jump Financial, LLC | 0 | $0 | 0.00% | −21,953−100.0% | Sold out |
| Boothbay Fund Management, LLC | 0 | $0 | 0.00% | −15,978−100.0% | Sold out |
| Stratos Wealth Partners, LTD. | 0 | $0 | 0.00% | −15,456−100.0% | Sold out |
| Virtu Financial LLC | 0 | $0 | 0.00% | −10,049−100.0% | Sold out |
| Hillsdale Investment Management Inc. | 0 | $0 | 0.00% | −6,720−100.0% | Sold out |
| PEAK6 LLC | 0 | $0 | 0.00% | −2,170−100.0% | Sold out |
| GeoWealth Management, LLC | 0 | $0 | 0.00% | −47−100.0% | Sold out |
| Nuveen Asset Management, LLC | – | – | – | – | Not filed |
| Caxton Associates LP | – | – | – | – | Not filed |