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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.

Institutional holdersQ2 2025: 139 institutions
Q1 2021: 106 institutionsQ2 2021: 106 institutionsQ3 2021: 109 institutionsQ4 2021: 118 institutionsQ1 2022: 127 institutionsQ2 2022: 128 institutionsQ3 2022: 132 institutionsQ4 2022: 116 institutionsQ1 2023: 109 institutionsQ2 2023: 111 institutionsQ3 2023: 119 institutionsQ4 2023: 116 institutionsQ1 2024: 124 institutionsQ2 2024: 134 institutionsQ3 2024: 150 institutionsQ4 2024: 154 institutionsQ1 2025: 148 institutionsQ2 2025: 139 institutionsQ3 2025: 140 institutionsQ4 2025: 154 institutionsQ1 2026: 157 institutionsQ2 2026: 154 institutions
Value heldQ2 2025: $479.8M
Q1 2021: $463.7MQ2 2021: $541.2MQ3 2021: $522.1MQ4 2021: $517.5MQ1 2022: $514.8MQ2 2022: $399.2MQ3 2022: $309.1MQ4 2022: $302.3MQ1 2023: $319.5MQ2 2023: $329.8MQ3 2023: $301.8MQ4 2023: $288.6MQ1 2024: $347.1MQ2 2024: $392.8MQ3 2024: $463.6MQ4 2024: $548.5MQ1 2025: $513.6MQ2 2025: $479.8MQ3 2025: $500.5MQ4 2025: $511.3MQ1 2026: $452.0MQ2 2026: $489.1M
Institutions holding TRTX and their total value by quarter
QuarterHoldersValue
Q2 2026154$489.1M
Q1 2026157$452.0M
Q4 2025154$511.3M
Q3 2025140$500.5M
Q2 2025139$479.8M
Q1 2025148$513.6M
Q4 2024154$548.5M
Q3 2024150$463.6M
Q2 2024134$392.8M
Q1 2024124$347.1M
Q4 2023116$288.6M
Q3 2023119$301.8M
Q2 2023111$329.8M
Q1 2023109$319.5M
Q4 2022116$302.3M
Q3 2022132$309.1M
Q2 2022128$399.2M
Q1 2022127$514.8M
Q4 2021118$517.5M
Q3 2021109$522.1M
Q2 2021106$541.2M
Q1 2021106$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.

Institutions holding TRTX in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Bessemer Group Inc46$00.00%00.0%Unchanged
Quest Partners LLC1$80.00%−8,566−100.0%Reduced
Farther Finance Advisors, LLC5$390.00%00.0%Unchanged
Hughes Financial Services, LLC9$790.00%+3+50.0%Added
GAMMA Investing LLC20$1540.00%−40−66.7%Reduced
Essential Partners LLC20$1540.00%+20New
Parkside Financial Bank & Trust66$5100.00%+6+10.0%Added
Allworth Financial LP72$5560.00%+50+227.3%Added
Glenmede Investment Management, LP107$8260.00%+107New
Covestor Ltd126$1.00K0.00%+126New
Advisor Group Holdings, Inc.150$1.16K0.00%00.0%Unchanged
Larson Financial Group LLC165$1.27K0.00%+165New
Russell Investments Group, Ltd.233$1.80K0.00%+163+232.9%Added
Capital Advisors, Ltd. LLC230$2.00K0.00%+12+5.5%Added
EverSource Wealth Advisors, LLC262$2.02K0.00%+198+309.4%Added
Rothschild Investment LLC275$2.12K0.00%+110+66.7%Added
IFP Advisors, Inc260$2.16K0.00%+260New
Smartleaf Asset Management LLC313$2.40K0.00%+313New
Versant Capital Management, Inc518$4.00K0.00%+518New
Parallel Advisors, LLC1,298$10.0K0.00%00.0%Unchanged
Signaturefd, LLC1,769$13.7K0.00%+153+9.5%Added
Sterling Capital Management LLC1,851$14.3K0.00%+822+79.9%Added
Public Employees Retirement System of Ohio2,296$17.7K0.00%−157−6.4%Reduced
Amalgamated Bank2,415$19.0K0.00%00.0%Unchanged
Steward Partners Investment Advisory, LLC2,761$21.3K0.00%+88+3.3%Added
CWM, LLC3,517$27.0K0.00%+2,904+473.7%Added
Arlington Trust Co LLC5,000$38.6K0.01%00.0%Unchanged
PEAK6 LLC5,538$42.8K0.00%+5,538New
Meeder Asset Management Inc5,847$45.1K0.00%00.0%Unchanged
BNP Paribas Arbitrage, SA6,494$50.1K0.00%+3,013+86.6%Added
McIlrath & Eck, LLC6,753$52.1K0.01%00.0%Unchanged
Tower Research Capital LLC (TRC)6,818$52.6K0.00%+4,865+249.1%Added
Ameritas Investment Partners, Inc.6,998$54.0K0.00%+1,375+24.5%Added
New Age Alpha Advisors, LLC7,090$54.7K0.00%+81+1.2%Added
Avantax Advisory Services, Inc.10,207$78.8K0.00%+207+2.1%Added
Ameriprise Financial Inc10,195$80.9K0.00%+25+0.2%Added
Cresset Asset Management, LLC10,843$86.3K0.00%+10,843New
LPL Financial LLC11,268$87.0K0.00%+11,268New
Evoke Wealth, LLC11,634$92.6K0.00%+80+0.7%Added
STRS Ohio12,900$99.6K0.00%+2,200+20.6%Added
New York State Common Retirement Fund13,483$104.1K0.00%00.0%Unchanged
Police & Firemen's Retirement System of New Jersey13,716$105.9K0.00%00.0%Unchanged
ProShare Advisors LLC14,055$108.5K0.00%+1,144+8.9%Added
Graham Capital Management, L.P.14,130$109.1K0.00%−58,010−80.4%Reduced
Great West Life Assurance Co14,383$111.0K0.00%+11,481+395.6%Added
Jane Street Group, LLC14,610$112.8K0.00%−15,075−50.8%Reduced
Nisa Investment Advisors, LLC14,091$113.3K0.00%−4,838−25.6%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)15,186$117.2K0.00%00.0%Unchanged
KLP Kapitalforvaltning AS14,900$118.1K0.00%+6,300+73.3%Added
Mariner, LLC17,530$135.3K0.00%−204−1.2%Reduced
Squarepoint Ops LLC18,262$141.0K0.00%−9,849−35.0%Reduced
Prudential Financial Inc19,095$147.4K0.00%−158,465−89.2%Reduced
Arizona State Retirement System19,940$153.9K0.00%+209+1.1%Added
Modern Wealth Management, LLC20,855$161.0K0.00%+20,855New
Janus Henderson Group PLC22,444$173.2K0.00%00.0%Unchanged
Manufacturers Life Insurance Company, The24,164$186.5K0.00%+2,985+14.1%Added
Vident Advisory, LLC25,633$197.9K0.00%+11,166+77.2%Added
Brevan Howard Capital Management LP26,820$207.1K0.00%−139,098−83.8%Reduced
Centiva Capital, LP27,718$214.0K0.01%−6,446−18.9%Reduced
Intech Investment Management LLC29,736$229.6K0.00%−8,388−22.0%Reduced
Verition Fund Management LLC37,345$288.3K0.00%+37,345New
State of Wyoming37,653$290.7K0.04%−28,345−42.9%Reduced
HSBC Holdings PLC40,674$311.6K0.00%+4,333+11.9%Added
Millennium Management LLC40,737$314.5K0.00%−323,842−88.8%Reduced
D. E. Shaw & Co., Inc.41,110$317.4K0.00%−66,582−61.8%Reduced
MetLife Investment Management41,341$319.2K0.00%+6,024+17.1%Added
Deutsche Bank AG41,654$321.6K0.00%−8,613−17.1%Reduced
Pine Valley Investments Ltd Liability Co43,807$344.8K0.02%+950+2.2%Added
Wells Fargo & Company46,085$355.8K0.00%+8,480+22.6%Added
California State Teachers Retirement System53,137$410.2K0.00%00.0%Unchanged
Jupiter Asset Management Ltd54,264$418.9K0.00%−38,469−41.5%Reduced
Legal & General Group Plc57,874$446.8K0.00%+779+1.4%Added
AQR Capital Management LLC59,491$459.3K0.00%+43,915+281.9%Added
Universal- Beteiligungs- und Servicegesellschaft mbH60,036$463.5K0.00%00.0%Unchanged
State Board of Administration of Florida Retirement System65,791$507.9K0.00%+1,118+1.7%Added
Engineers Gate Manager LP66,465$513.1K0.01%−17,593−20.9%Reduced
Caxton Associates LLP70,626$545.2K0.01%−16,025−18.5%Reduced
Alliancebernstein L.P.74,820$577.6K0.00%−7,340−8.9%Reduced
Nebula Research & Development LLC74,943$578.6K0.05%+13,122+21.2%Added
Tudor Investment Corp Et Al86,831$670.3K0.01%−85,618−49.6%Reduced
Price T Rowe Associates Inc88,819$686.0K0.00%+7,751+9.6%Added
Voya Investment Management LLC90,655$699.9K0.00%+264+0.3%Added
Royal Bank of Canada93,855$724.0K0.00%+53,429+132.2%Added
Cerity Partners LLC96,379$744.0K0.00%+23,957+33.1%Added
Golden State Equity Partners100,229$773.8K0.14%+753+0.8%Added
Susquehanna International Group, LLP111,554$861.2K0.00%+35,976+47.6%Added
Thrivent Financial for Lutherans112,905$871.0K0.00%00.0%Unchanged
Rhumbline Advisers115,146$888.9K0.00%+24,691+27.3%Added
Teacher Retirement System of Texas118,013$911.1K0.00%−47,407−28.7%Reduced
State of Wisconsin Investment Board127,230$982.2K0.00%+13,954+12.3%Added
Swiss National Bank130,500$1.01M0.00%−2,800−2.1%Reduced
Penserra Capital Management LLC135,138$1.04M0.01%+9,228+7.3%Added
Raymond James Financial Inc143,404$1.11M0.00%+72,981+103.6%Added
Nuveen, LLC146,333$1.13M0.00%−15,760−9.7%Reduced
Franklin Resources Inc159,707$1.23M0.00%+820+0.5%Added
Barclays PLC162,807$1.26M0.00%−99,484−37.9%Reduced
Vestcor Inc164,775$1.27M0.04%+164,775New
SG Americas Securities, LLC186,527$1.44M0.01%+162,749+684.5%Added
Bank of New York Mellon Corp195,869$1.51M0.00%+21,775+12.5%Added
Cubist Systematic Strategies, LLC195,950$1.51M0.02%+24,653+14.4%Added