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, Q3 2025
Institutional positions in TPG RE Finance Trust, Inc. as of Sep 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
- 140
- +3 vs. Q2 2025
- Shares held
- 58.4M
- −3.36M (−5.4%) vs. Q2 2025
- Total value
- $500.5M
- +$23.1M (+4.8%) vs. Q2 2025
- New holders
- 20
- 51 more added
- Sold out
- 17
- 46 more reduced
2 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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, Q3 2025
Shares, value and share of portfolio for each institution holding TPG RE Finance Trust, Inc.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Long Pond Capital, LP | 6,898,626 | $59.1M | 4.28% | −405,000−5.5% | Reduced |
| BlackRock, Inc. | 6,395,949 | $54.7M | 0.00% | +213,181+3.4% | Added |
| Goldman Sachs Group Inc | 4,391,665 | $37.6M | 0.01% | +629,195+16.7% | Added |
| Vanguard Group Inc | 3,957,587 | $33.9M | 0.00% | +190,505+5.1% | Added |
| State of New Jersey Common Pension Fund A | 3,149,148 | $27.0M | 9.56% | +3,149,148 | New |
| Morgan Stanley | 2,953,913 | $25.3M | 0.00% | −1,047,702−26.2% | Reduced |
| Nan Shan Life Insurance Co., Ltd. | 2,821,091 | $24.1M | 0.51% | 00.0% | Unchanged |
| TPG GP A, LLC | 2,392,863 | $20.5M | 1.12% | −4,693,916−66.2% | Reduced |
| Gratia Capital, LLC | 2,158,787 | $18.5M | 16.37% | −505,802−19.0% | Reduced |
| State Street Corp | 1,728,396 | $15.2M | 0.00% | +85,634+5.2% | Added |
| Geode Capital Management, LLC | 1,745,934 | $14.9M | 0.00% | +106,267+6.5% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 1,565,152 | $13.4M | 0.02% | +111,144+7.6% | Added |
| Two Sigma Advisers, LP | 1,209,600 | $10.4M | 0.02% | −104,200−7.9% | Reduced |
| Citigroup Inc | 1,123,130 | $9.61M | 0.01% | −200,117−15.1% | Reduced |
| Charles Schwab Investment Management Inc | 999,255 | $8.55M | 0.00% | +186,772+23.0% | Added |
| Two Sigma Investments, LP | 933,335 | $7.99M | 0.01% | +213,226+29.6% | Added |
| Solel Partners LP | 873,686 | $7.48M | 1.44% | 00.0% | Unchanged |
| Wellington Management Group LLP | 720,114 | $6.16M | 0.00% | +14,167+2.0% | Added |
| Qube Research & Technologies Ltd | 702,068 | $6.01M | 0.01% | +78,041+12.5% | Added |
| Northern Trust Corp | 693,639 | $5.94M | 0.00% | +19,676+2.9% | Added |
| Dimension Capital Management LLC | 679,226 | $5.81M | 0.85% | +219,503+47.7% | Added |
| Condor Capital Management | 661,623 | $5.66M | 0.46% | +41,084+6.6% | Added |
| JPMorgan Chase & Co | 642,740 | $5.50M | 0.00% | +47,410+8.0% | Added |
| Van Eck Associates Corp | 530,776 | $4.54M | 0.00% | +2,379+0.5% | Added |
| Arrowstreet Capital, Limited Partnership | 522,847 | $4.48M | 0.00% | −184,515−26.1% | Reduced |
| Q Global Advisors, LLC | 516,832 | $4.42M | 6.95% | 00.0% | Unchanged |
| One William Street Capital Management, L.P. | 420,670 | $3.60M | 23.11% | +420,670 | New |
| FMR LLC | 409,921 | $3.51M | 0.00% | +47,929+13.2% | Added |
| Cercano Management LLC | 401,607 | $3.44M | 0.13% | 00.0% | Unchanged |
| Nokomis Capital, L.L.C. | 389,074 | $3.33M | 1.18% | +29,500+8.2% | Added |
| Kovitz Investment Group Partners, LLC | 383,414 | $3.28M | 0.01% | +42,439+12.4% | Added |
| Bank of America Corp | 357,753 | $3.06M | 0.00% | +133,774+59.7% | Added |
| UBS Group AG | 336,210 | $2.88M | 0.00% | −199,117−37.2% | Reduced |
| Renaissance Technologies LLC | 259,899 | $2.22M | 0.00% | −100,200−27.8% | Reduced |
| Alliancebernstein L.P. | 207,060 | $1.77M | 0.00% | +132,240+176.7% | Added |
| Bank of New York Mellon Corp | 203,047 | $1.74M | 0.00% | +7,178+3.7% | Added |
| Bracebridge Capital, LLC | 182,157 | $1.56M | 0.65% | −48,843−21.1% | Reduced |
| Invesco Ltd. | 178,835 | $1.53M | 0.00% | −25,612−12.5% | Reduced |
| Clear Street Markets LLC | 165,100 | $1.41M | 0.46% | +165,100 | New |
| Raymond James Financial Inc | 162,474 | $1.39M | 0.00% | +19,070+13.3% | Added |
| Caxton Associates LLP | 152,092 | $1.30M | 0.04% | +81,466+115.3% | Added |
| Barclays PLC | 148,399 | $1.27M | 0.00% | −14,408−8.8% | Reduced |
| Nuveen, LLC | 146,333 | $1.25M | 0.00% | 00.0% | Unchanged |
| Penserra Capital Management LLC | 139,874 | $1.20M | 0.01% | +4,736+3.5% | Added |
| SG Americas Securities, LLC | 137,996 | $1.18M | 0.00% | −48,531−26.0% | Reduced |
| Swiss National Bank | 130,500 | $1.12M | 0.00% | 00.0% | Unchanged |
| Wells Fargo & Company | 128,229 | $1.10M | 0.00% | +82,144+178.2% | Added |
| Teacher Retirement System of Texas | 113,398 | $970.7K | 0.00% | −4,615−3.9% | Reduced |
| Rhumbline Advisers | 111,587 | $955.2K | 0.00% | −3,559−3.1% | Reduced |
| Cerity Partners LLC | 101,245 | $866.7K | 0.00% | +4,866+5.0% | Added |
| Golden State Equity Partners | 99,695 | $853.4K | 0.14% | −534−0.5% | Reduced |
| State of Wisconsin Investment Board | 97,330 | $833.1K | 0.00% | −29,900−23.5% | Reduced |
| HSBC Holdings PLC | 94,418 | $806.3K | 0.00% | +53,744+132.1% | Added |
| Price T Rowe Associates Inc | 90,827 | $778.0K | 0.00% | +2,008+2.3% | Added |
| Royal Bank of Canada | 87,507 | $749.0K | 0.00% | −6,348−6.8% | Reduced |
| Cubist Systematic Strategies, LLC | 86,144 | $737.4K | 0.01% | −109,806−56.0% | Reduced |
| AQR Capital Management LLC | 85,251 | $729.7K | 0.00% | +25,760+43.3% | Added |
| Franklin Resources Inc | 80,448 | $688.6K | 0.00% | −79,259−49.6% | Reduced |
| Squarepoint Ops LLC | 68,182 | $583.6K | 0.00% | +49,920+273.4% | Added |
| California State Teachers Retirement System | 65,813 | $563.4K | 0.00% | +12,676+23.9% | Added |
| State Board of Administration of Florida Retirement System | 62,545 | $535.4K | 0.00% | −3,246−4.9% | Reduced |
| Thrivent Financial for Lutherans | 59,219 | $507.0K | 0.00% | −53,686−47.5% | Reduced |
| Verition Fund Management LLC | 58,345 | $499.4K | 0.00% | +21,000+56.2% | Added |
| Legal & General Group Plc | 57,874 | $495.4K | 0.00% | 00.0% | Unchanged |
| Quest Partners LLC | 56,001 | $479.4K | 0.03% | +56,000+5,600,000.0% | Added |
| Voya Investment Management LLC | 54,160 | $463.6K | 0.00% | −36,495−40.3% | Reduced |
| Point72 Asset Management, L.P. | 45,484 | $389.3K | 0.00% | +45,484 | New |
| Deutsche Bank AG | 41,654 | $356.6K | 0.00% | 00.0% | Unchanged |
| Pine Valley Investments Ltd Liability Co | 39,707 | $346.0K | 0.02% | −4,100−9.4% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 38,903 | $333.0K | 0.00% | −21,133−35.2% | Reduced |
| Tudor Investment Corp Et Al | 37,299 | $319.3K | 0.00% | −49,532−57.0% | Reduced |
| MetLife Investment Management | 36,078 | $308.8K | 0.00% | −5,263−12.7% | Reduced |
| Virginia Retirement Systems Et Al | 34,500 | $295.3K | 0.00% | +34,500 | New |
| Centiva Capital, LP | 31,432 | $269.1K | 0.03% | +3,714+13.4% | Added |
| Intech Investment Management LLC | 29,404 | $251.7K | 0.00% | −332−1.1% | Reduced |
| Aigen Investment Management, LP | 28,683 | $245.5K | 0.04% | +28,683 | New |
| Creative Planning | 24,950 | $213.6K | 0.00% | +24,950 | New |
| Victory Capital Management Inc | 23,379 | $200.1K | 0.00% | +23,379 | New |
| Inceptionr LLC | 22,996 | $196.8K | 0.05% | +22,996 | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 22,760 | $194.8K | 0.00% | +7,574+49.9% | Added |
| Janus Henderson Group PLC | 22,444 | $192.2K | 0.00% | 00.0% | Unchanged |
| Manufacturers Life Insurance Company, The | 22,431 | $192.0K | 0.00% | −1,733−7.2% | Reduced |
| Engineers Gate Manager LP | 21,713 | $185.9K | 0.00% | −44,752−67.3% | Reduced |
| Arizona State Retirement System | 20,086 | $171.9K | 0.00% | +146+0.7% | Added |
| D. E. Shaw & Co., Inc. | 19,672 | $168.4K | 0.00% | −21,438−52.1% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 18,871 | $161.5K | 0.00% | +5,155+37.6% | Added |
| Mariner, LLC | 17,455 | $149.4K | 0.00% | −75−0.4% | Reduced |
| Prudential Financial Inc | 17,095 | $146.3K | 0.00% | −2,000−10.5% | Reduced |
| BNP Paribas Arbitrage, SA | 16,267 | $139.2K | 0.00% | +9,773+150.5% | Added |
| Seven Mile Advisory | 16,088 | $137.7K | 0.02% | +16,088 | New |
| KLP Kapitalforvaltning AS | 14,900 | $130.6K | 0.00% | 00.0% | Unchanged |
| Zacks Investment Management | 14,716 | $126.0K | 0.00% | +14,716 | New |
| New York State Common Retirement Fund | 13,483 | $115.4K | 0.00% | 00.0% | Unchanged |
| Millennium Management LLC | 13,310 | $113.9K | 0.00% | −27,427−67.3% | Reduced |
| STRS Ohio | 12,900 | $110.4K | 0.00% | 00.0% | Unchanged |
| Evoke Wealth, LLC | 11,796 | $103.8K | 0.00% | +162+1.4% | Added |
| Nisa Investment Advisors, LLC | 11,698 | $103.5K | 0.00% | −2,393−17.0% | Reduced |
| ProShare Advisors LLC | 11,535 | $98.7K | 0.00% | −2,520−17.9% | Reduced |
| Cresset Asset Management, LLC | 10,843 | $95.4K | 0.00% | 00.0% | Unchanged |
| Ameriprise Financial Inc | 10,646 | $93.3K | 0.00% | +451+4.4% | Added |