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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, 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.

Institutional holdersQ3 2025: 140 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 heldQ3 2025: $500.5M
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, Q3 2025

Shares, value and share of portfolio for each institution holding TPG RE Finance Trust, Inc.; share changes are against Q2 2025.

Institutions holding TRTX in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Advisory Services Network, LLC5$430.00%+5New
Legacy Wealth Managment, LLC6$510.00%+6New
Hughes Financial Services, LLC9$810.00%00.0%Unchanged
Farther Finance Advisors, LLC25$2140.00%+20+400.0%Added
Essential Partners LLC35$3000.00%+15+75.0%Added
GAMMA Investing LLC39$3340.00%+19+95.0%Added
Parkside Financial Bank & Trust66$5650.00%00.0%Unchanged
Allworth Financial LP85$7280.00%+13+18.1%Added
Covestor Ltd120$1.00K0.00%−6−4.8%Reduced
Advisor Group Holdings, Inc.150$1.28K0.00%00.0%Unchanged
Quadrant Capital Group LLC203$1.74K0.00%+203New
Rothschild Investment LLC215$1.84K0.00%−60−21.8%Reduced
PEAK6 LLC225$1.93K0.00%−5,313−95.9%Reduced
Capital Advisors, Ltd. LLC230$2.00K0.00%00.0%Unchanged
IFP Advisors, Inc284$2.43K0.00%+24+9.2%Added
Smartleaf Asset Management LLC313$2.67K0.00%00.0%Unchanged
EverSource Wealth Advisors, LLC327$2.80K0.00%+65+24.8%Added
Larson Financial Group LLC368$3.15K0.00%+203+123.0%Added
Versant Capital Management, Inc518$4.43K0.00%00.0%Unchanged
Optiver Holding B.V.578$4.95K0.00%+578New
SRS Capital Advisors, Inc.941$8.05K0.00%+941New
Parallel Advisors, LLC1,298$11.1K0.00%00.0%Unchanged
Quarry LP1,348$11.5K0.00%+1,348New
Tower Research Capital LLC (TRC)1,572$13.5K0.00%−5,246−76.9%Reduced
Signaturefd, LLC1,769$15.1K0.00%00.0%Unchanged
Public Employees Retirement System of Ohio2,178$18.6K0.00%−118−5.1%Reduced
Amalgamated Bank2,415$21.0K0.00%00.0%Unchanged
Steward Partners Investment Advisory, LLC2,840$24.3K0.00%+79+2.9%Added
CWM, LLC4,400$38.0K0.00%+883+25.1%Added
Point72 (DIFC) Ltd4,525$38.7K0.00%+4,525New
Sterling Capital Management LLC4,654$39.8K0.00%+2,803+151.4%Added
Ameritas Investment Partners, Inc.5,635$48.2K0.00%−1,363−19.5%Reduced
Russell Investments Group, Ltd.5,951$50.9K0.00%+5,718+2,454.1%Added
New Age Alpha Advisors, LLC5,957$51.0K0.00%−1,133−16.0%Reduced
McIlrath & Eck, LLC6,753$57.8K0.01%00.0%Unchanged
State of Wyoming7,480$64.0K0.01%−30,173−80.1%Reduced
Great West Life Assurance Co9,245$79.0K0.00%−5,138−35.7%Reduced
LPL Financial LLC10,163$87.0K0.00%−1,105−9.8%Reduced
Cetera Investment Advisers10,492$89.8K0.00%+10,492New
Sig Brokerage, LP10,748$92.0K0.02%+10,748New
Ameriprise Financial Inc10,646$93.3K0.00%+451+4.4%Added
Cresset Asset Management, LLC10,843$95.4K0.00%00.0%Unchanged
ProShare Advisors LLC11,535$98.7K0.00%−2,520−17.9%Reduced
Nisa Investment Advisors, LLC11,698$103.5K0.00%−2,393−17.0%Reduced
Evoke Wealth, LLC11,796$103.8K0.00%+162+1.4%Added
STRS Ohio12,900$110.4K0.00%00.0%Unchanged
Millennium Management LLC13,310$113.9K0.00%−27,427−67.3%Reduced
New York State Common Retirement Fund13,483$115.4K0.00%00.0%Unchanged
Zacks Investment Management14,716$126.0K0.00%+14,716New
KLP Kapitalforvaltning AS14,900$130.6K0.00%00.0%Unchanged
Seven Mile Advisory16,088$137.7K0.02%+16,088New
BNP Paribas Arbitrage, SA16,267$139.2K0.00%+9,773+150.5%Added
Prudential Financial Inc17,095$146.3K0.00%−2,000−10.5%Reduced
Mariner, LLC17,455$149.4K0.00%−75−0.4%Reduced
Police & Firemen's Retirement System of New Jersey18,871$161.5K0.00%+5,155+37.6%Added
D. E. Shaw & Co., Inc.19,672$168.4K0.00%−21,438−52.1%Reduced
Arizona State Retirement System20,086$171.9K0.00%+146+0.7%Added
Engineers Gate Manager LP21,713$185.9K0.00%−44,752−67.3%Reduced
Manufacturers Life Insurance Company, The22,431$192.0K0.00%−1,733−7.2%Reduced
Janus Henderson Group PLC22,444$192.2K0.00%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)22,760$194.8K0.00%+7,574+49.9%Added
Inceptionr LLC22,996$196.8K0.05%+22,996New
Victory Capital Management Inc23,379$200.1K0.00%+23,379New
Creative Planning24,950$213.6K0.00%+24,950New
Aigen Investment Management, LP28,683$245.5K0.04%+28,683New
Intech Investment Management LLC29,404$251.7K0.00%−332−1.1%Reduced
Centiva Capital, LP31,432$269.1K0.03%+3,714+13.4%Added
Virginia Retirement Systems Et Al34,500$295.3K0.00%+34,500New
MetLife Investment Management36,078$308.8K0.00%−5,263−12.7%Reduced
Tudor Investment Corp Et Al37,299$319.3K0.00%−49,532−57.0%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH38,903$333.0K0.00%−21,133−35.2%Reduced
Pine Valley Investments Ltd Liability Co39,707$346.0K0.02%−4,100−9.4%Reduced
Deutsche Bank AG41,654$356.6K0.00%00.0%Unchanged
Point72 Asset Management, L.P.45,484$389.3K0.00%+45,484New
Voya Investment Management LLC54,160$463.6K0.00%−36,495−40.3%Reduced
Quest Partners LLC56,001$479.4K0.03%+56,000+5,600,000.0%Added
Legal & General Group Plc57,874$495.4K0.00%00.0%Unchanged
Verition Fund Management LLC58,345$499.4K0.00%+21,000+56.2%Added
Thrivent Financial for Lutherans59,219$507.0K0.00%−53,686−47.5%Reduced
State Board of Administration of Florida Retirement System62,545$535.4K0.00%−3,246−4.9%Reduced
California State Teachers Retirement System65,813$563.4K0.00%+12,676+23.9%Added
Squarepoint Ops LLC68,182$583.6K0.00%+49,920+273.4%Added
Franklin Resources Inc80,448$688.6K0.00%−79,259−49.6%Reduced
AQR Capital Management LLC85,251$729.7K0.00%+25,760+43.3%Added
Cubist Systematic Strategies, LLC86,144$737.4K0.01%−109,806−56.0%Reduced
Royal Bank of Canada87,507$749.0K0.00%−6,348−6.8%Reduced
Price T Rowe Associates Inc90,827$778.0K0.00%+2,008+2.3%Added
HSBC Holdings PLC94,418$806.3K0.00%+53,744+132.1%Added
State of Wisconsin Investment Board97,330$833.1K0.00%−29,900−23.5%Reduced
Golden State Equity Partners99,695$853.4K0.14%−534−0.5%Reduced
Cerity Partners LLC101,245$866.7K0.00%+4,866+5.0%Added
Rhumbline Advisers111,587$955.2K0.00%−3,559−3.1%Reduced
Teacher Retirement System of Texas113,398$970.7K0.00%−4,615−3.9%Reduced
Wells Fargo & Company128,229$1.10M0.00%+82,144+178.2%Added
Swiss National Bank130,500$1.12M0.00%00.0%Unchanged
SG Americas Securities, LLC137,996$1.18M0.00%−48,531−26.0%Reduced
Penserra Capital Management LLC139,874$1.20M0.01%+4,736+3.5%Added
Nuveen, LLC146,333$1.25M0.00%00.0%Unchanged
Barclays PLC148,399$1.27M0.00%−14,408−8.8%Reduced
Caxton Associates LLP152,092$1.30M0.04%+81,466+115.3%Added