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, Q2 2025
Institutional positions in TPG RE Finance Trust, Inc. as of Jun 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
- 139
- −8 vs. Q1 2025
- Shares held
- 62.1M
- −866.5K (−1.4%) vs. Q1 2025
- Total value
- $479.8M
- −$33.8M (−6.6%) vs. Q1 2025
- New holders
- 15
- 64 more added
- Sold out
- 23
- 41 more reduced
1 institution that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2025: 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, Q2 2025
Shares, value and share of portfolio for each institution holding TPG RE Finance Trust, Inc.; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Long Pond Capital, LP | 7,303,626 | $56.4M | 3.71% | 00.0% | Unchanged |
| TPG GP A, LLC | 7,086,779 | $54.7M | 2.92% | 00.0% | Unchanged |
| BlackRock, Inc. | 6,182,768 | $47.7M | 0.00% | +263,045+4.4% | Added |
| Morgan Stanley | 4,001,615 | $30.9M | 0.00% | +4600.0% | Added |
| Vanguard Group Inc | 3,767,082 | $29.1M | 0.00% | −1,258,750−25.0% | Reduced |
| Goldman Sachs Group Inc | 3,762,470 | $29.0M | 0.00% | −168,395−4.3% | Reduced |
| Nan Shan Life Insurance Co., Ltd. | 2,821,091 | $21.8M | 0.48% | −32,394−1.1% | Reduced |
| Gratia Capital, LLC | 2,664,589 | $20.6M | 22.40% | +567,733+27.1% | Added |
| State Street Corp | 1,642,762 | $13.1M | 0.00% | +55,813+3.5% | Added |
| Geode Capital Management, LLC | 1,639,667 | $12.7M | 0.00% | +115,707+7.6% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 1,454,008 | $11.2M | 0.02% | +129,651+9.8% | Added |
| Citigroup Inc | 1,323,247 | $10.2M | 0.01% | −580,243−30.5% | Reduced |
| Two Sigma Advisers, LP | 1,313,800 | $10.1M | 0.02% | −212,400−13.9% | Reduced |
| Balyasny Asset Management LLC | 980,198 | $7.57M | 0.02% | +695,728+244.6% | Added |
| Solel Partners LP | 873,686 | $6.74M | 1.17% | 00.0% | Unchanged |
| Charles Schwab Investment Management Inc | 812,483 | $6.27M | 0.00% | +159,892+24.5% | Added |
| Two Sigma Investments, LP | 720,109 | $5.56M | 0.01% | −213,924−22.9% | Reduced |
| Arrowstreet Capital, Limited Partnership | 707,362 | $5.46M | 0.00% | −69,964−9.0% | Reduced |
| Wellington Management Group LLP | 705,947 | $5.45M | 0.00% | −39,472−5.3% | Reduced |
| Northern Trust Corp | 673,963 | $5.20M | 0.00% | +53,013+8.5% | Added |
| Qube Research & Technologies Ltd | 624,027 | $4.82M | 0.01% | −232,412−27.1% | Reduced |
| Condor Capital Management | 620,539 | $4.79M | 0.42% | +156,309+33.7% | Added |
| JPMorgan Chase & Co | 595,330 | $4.60M | 0.00% | −171,017−22.3% | Reduced |
| UBS Group AG | 535,327 | $4.13M | 0.00% | +199,849+59.6% | Added |
| Van Eck Associates Corp | 528,397 | $4.08M | 0.00% | −6,971−1.3% | Reduced |
| Q Global Advisors, LLC | 516,832 | $3.99M | 3.36% | +516,832 | New |
| Dimension Capital Management LLC | 459,723 | $3.55M | 0.56% | +365,971+390.4% | Added |
| Cercano Management LLC | 401,607 | $3.10M | 0.09% | 00.0% | Unchanged |
| FMR LLC | 361,992 | $2.79M | 0.00% | −65,601−15.3% | Reduced |
| Renaissance Technologies LLC | 360,099 | $2.78M | 0.00% | −149,900−29.4% | Reduced |
| Nokomis Capital, L.L.C. | 359,574 | $2.78M | 1.16% | +43,703+13.8% | Added |
| Kovitz Investment Group Partners, LLC | 340,975 | $2.63M | 0.01% | +72,599+27.1% | Added |
| Norges Bank | 312,200 | $2.41M | 0.00% | +312,200 | New |
| UBS Asset Management Americas Inc | 259,500 | $2.00M | 0.00% | +66,286+34.3% | Added |
| Segall Bryant & Hamill, LLC | 242,301 | $1.87M | 0.03% | −28,939−10.7% | Reduced |
| Bracebridge Capital, LLC | 231,000 | $1.78M | 0.95% | +87,900+61.4% | Added |
| Bank of America Corp | 223,979 | $1.73M | 0.00% | −94,329−29.6% | Reduced |
| Invesco Ltd. | 204,447 | $1.58M | 0.00% | −40,053−16.4% | Reduced |
| AXS Investments LLC | 199,778 | $1.54M | 0.63% | +2,764+1.4% | Added |
| Cubist Systematic Strategies, LLC | 195,950 | $1.51M | 0.02% | +24,653+14.4% | Added |
| Bank of New York Mellon Corp | 195,869 | $1.51M | 0.00% | +21,775+12.5% | Added |
| SG Americas Securities, LLC | 186,527 | $1.44M | 0.01% | +162,749+684.5% | Added |
| Vestcor Inc | 164,775 | $1.27M | 0.04% | +164,775 | New |
| Barclays PLC | 162,807 | $1.26M | 0.00% | −99,484−37.9% | Reduced |
| Franklin Resources Inc | 159,707 | $1.23M | 0.00% | +820+0.5% | Added |
| Nuveen, LLC | 146,333 | $1.13M | 0.00% | −15,760−9.7% | Reduced |
| Raymond James Financial Inc | 143,404 | $1.11M | 0.00% | +72,981+103.6% | Added |
| Penserra Capital Management LLC | 135,138 | $1.04M | 0.01% | +9,228+7.3% | Added |
| Swiss National Bank | 130,500 | $1.01M | 0.00% | −2,800−2.1% | Reduced |
| State of Wisconsin Investment Board | 127,230 | $982.2K | 0.00% | +13,954+12.3% | Added |
| Teacher Retirement System of Texas | 118,013 | $911.1K | 0.00% | −47,407−28.7% | Reduced |
| Rhumbline Advisers | 115,146 | $888.9K | 0.00% | +24,691+27.3% | Added |
| Thrivent Financial for Lutherans | 112,905 | $871.0K | 0.00% | 00.0% | Unchanged |
| Susquehanna International Group, LLP | 111,554 | $861.2K | 0.00% | +35,976+47.6% | Added |
| Golden State Equity Partners | 100,229 | $773.8K | 0.14% | +753+0.8% | Added |
| Cerity Partners LLC | 96,379 | $744.0K | 0.00% | +23,957+33.1% | Added |
| Royal Bank of Canada | 93,855 | $724.0K | 0.00% | +53,429+132.2% | Added |
| Voya Investment Management LLC | 90,655 | $699.9K | 0.00% | +264+0.3% | Added |
| Price T Rowe Associates Inc | 88,819 | $686.0K | 0.00% | +7,751+9.6% | Added |
| Tudor Investment Corp Et Al | 86,831 | $670.3K | 0.01% | −85,618−49.6% | Reduced |
| Nebula Research & Development LLC | 74,943 | $578.6K | 0.05% | +13,122+21.2% | Added |
| Alliancebernstein L.P. | 74,820 | $577.6K | 0.00% | −7,340−8.9% | Reduced |
| Caxton Associates LLP | 70,626 | $545.2K | 0.01% | −16,025−18.5% | Reduced |
| Engineers Gate Manager LP | 66,465 | $513.1K | 0.01% | −17,593−20.9% | Reduced |
| State Board of Administration of Florida Retirement System | 65,791 | $507.9K | 0.00% | +1,118+1.7% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 60,036 | $463.5K | 0.00% | 00.0% | Unchanged |
| AQR Capital Management LLC | 59,491 | $459.3K | 0.00% | +43,915+281.9% | Added |
| Legal & General Group Plc | 57,874 | $446.8K | 0.00% | +779+1.4% | Added |
| Jupiter Asset Management Ltd | 54,264 | $418.9K | 0.00% | −38,469−41.5% | Reduced |
| California State Teachers Retirement System | 53,137 | $410.2K | 0.00% | 00.0% | Unchanged |
| Wells Fargo & Company | 46,085 | $355.8K | 0.00% | +8,480+22.6% | Added |
| Pine Valley Investments Ltd Liability Co | 43,807 | $344.8K | 0.02% | +950+2.2% | Added |
| Deutsche Bank AG | 41,654 | $321.6K | 0.00% | −8,613−17.1% | Reduced |
| MetLife Investment Management | 41,341 | $319.2K | 0.00% | +6,024+17.1% | Added |
| D. E. Shaw & Co., Inc. | 41,110 | $317.4K | 0.00% | −66,582−61.8% | Reduced |
| Millennium Management LLC | 40,737 | $314.5K | 0.00% | −323,842−88.8% | Reduced |
| HSBC Holdings PLC | 40,674 | $311.6K | 0.00% | +4,333+11.9% | Added |
| State of Wyoming | 37,653 | $290.7K | 0.04% | −28,345−42.9% | Reduced |
| Verition Fund Management LLC | 37,345 | $288.3K | 0.00% | +37,345 | New |
| Intech Investment Management LLC | 29,736 | $229.6K | 0.00% | −8,388−22.0% | Reduced |
| Centiva Capital, LP | 27,718 | $214.0K | 0.01% | −6,446−18.9% | Reduced |
| Brevan Howard Capital Management LP | 26,820 | $207.1K | 0.00% | −139,098−83.8% | Reduced |
| Vident Advisory, LLC | 25,633 | $197.9K | 0.00% | +11,166+77.2% | Added |
| Manufacturers Life Insurance Company, The | 24,164 | $186.5K | 0.00% | +2,985+14.1% | Added |
| Janus Henderson Group PLC | 22,444 | $173.2K | 0.00% | 00.0% | Unchanged |
| Modern Wealth Management, LLC | 20,855 | $161.0K | 0.00% | +20,855 | New |
| Arizona State Retirement System | 19,940 | $153.9K | 0.00% | +209+1.1% | Added |
| Prudential Financial Inc | 19,095 | $147.4K | 0.00% | −158,465−89.2% | Reduced |
| Squarepoint Ops LLC | 18,262 | $141.0K | 0.00% | −9,849−35.0% | Reduced |
| Mariner, LLC | 17,530 | $135.3K | 0.00% | −204−1.2% | Reduced |
| KLP Kapitalforvaltning AS | 14,900 | $118.1K | 0.00% | +6,300+73.3% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 15,186 | $117.2K | 0.00% | 00.0% | Unchanged |
| Nisa Investment Advisors, LLC | 14,091 | $113.3K | 0.00% | −4,838−25.6% | Reduced |
| Jane Street Group, LLC | 14,610 | $112.8K | 0.00% | −15,075−50.8% | Reduced |
| Great West Life Assurance Co | 14,383 | $111.0K | 0.00% | +11,481+395.6% | Added |
| Graham Capital Management, L.P. | 14,130 | $109.1K | 0.00% | −58,010−80.4% | Reduced |
| ProShare Advisors LLC | 14,055 | $108.5K | 0.00% | +1,144+8.9% | Added |
| Police & Firemen's Retirement System of New Jersey | 13,716 | $105.9K | 0.00% | 00.0% | Unchanged |
| New York State Common Retirement Fund | 13,483 | $104.1K | 0.00% | 00.0% | Unchanged |
| STRS Ohio | 12,900 | $99.6K | 0.00% | +2,200+20.6% | Added |