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 |
|---|---|---|---|---|---|
| Raymond James Financial Inc | 162,474 | $1.39M | 0.00% | +19,070+13.3% | Added |
| Clear Street Markets LLC | 165,100 | $1.41M | 0.46% | +165,100 | New |
| Invesco Ltd. | 178,835 | $1.53M | 0.00% | −25,612−12.5% | Reduced |
| Bracebridge Capital, LLC | 182,157 | $1.56M | 0.65% | −48,843−21.1% | Reduced |
| Bank of New York Mellon Corp | 203,047 | $1.74M | 0.00% | +7,178+3.7% | Added |
| Alliancebernstein L.P. | 207,060 | $1.77M | 0.00% | +132,240+176.7% | Added |
| Renaissance Technologies LLC | 259,899 | $2.22M | 0.00% | −100,200−27.8% | Reduced |
| UBS Group AG | 336,210 | $2.88M | 0.00% | −199,117−37.2% | Reduced |
| Bank of America Corp | 357,753 | $3.06M | 0.00% | +133,774+59.7% | Added |
| Kovitz Investment Group Partners, LLC | 383,414 | $3.28M | 0.01% | +42,439+12.4% | Added |
| Nokomis Capital, L.L.C. | 389,074 | $3.33M | 1.18% | +29,500+8.2% | Added |
| Cercano Management LLC | 401,607 | $3.44M | 0.13% | 00.0% | Unchanged |
| FMR LLC | 409,921 | $3.51M | 0.00% | +47,929+13.2% | Added |
| One William Street Capital Management, L.P. | 420,670 | $3.60M | 23.11% | +420,670 | New |
| Q Global Advisors, LLC | 516,832 | $4.42M | 6.95% | 00.0% | Unchanged |
| Arrowstreet Capital, Limited Partnership | 522,847 | $4.48M | 0.00% | −184,515−26.1% | Reduced |
| Van Eck Associates Corp | 530,776 | $4.54M | 0.00% | +2,379+0.5% | Added |
| JPMorgan Chase & Co | 642,740 | $5.50M | 0.00% | +47,410+8.0% | Added |
| Condor Capital Management | 661,623 | $5.66M | 0.46% | +41,084+6.6% | Added |
| Dimension Capital Management LLC | 679,226 | $5.81M | 0.85% | +219,503+47.7% | Added |
| Northern Trust Corp | 693,639 | $5.94M | 0.00% | +19,676+2.9% | Added |
| Qube Research & Technologies Ltd | 702,068 | $6.01M | 0.01% | +78,041+12.5% | Added |
| Wellington Management Group LLP | 720,114 | $6.16M | 0.00% | +14,167+2.0% | Added |
| Solel Partners LP | 873,686 | $7.48M | 1.44% | 00.0% | Unchanged |
| Two Sigma Investments, LP | 933,335 | $7.99M | 0.01% | +213,226+29.6% | Added |
| Charles Schwab Investment Management Inc | 999,255 | $8.55M | 0.00% | +186,772+23.0% | Added |
| Citigroup Inc | 1,123,130 | $9.61M | 0.01% | −200,117−15.1% | Reduced |
| Two Sigma Advisers, LP | 1,209,600 | $10.4M | 0.02% | −104,200−7.9% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 1,565,152 | $13.4M | 0.02% | +111,144+7.6% | Added |
| Geode Capital Management, LLC | 1,745,934 | $14.9M | 0.00% | +106,267+6.5% | Added |
| State Street Corp | 1,728,396 | $15.2M | 0.00% | +85,634+5.2% | Added |
| Gratia Capital, LLC | 2,158,787 | $18.5M | 16.37% | −505,802−19.0% | Reduced |
| TPG GP A, LLC | 2,392,863 | $20.5M | 1.12% | −4,693,916−66.2% | Reduced |
| Nan Shan Life Insurance Co., Ltd. | 2,821,091 | $24.1M | 0.51% | 00.0% | Unchanged |
| Morgan Stanley | 2,953,913 | $25.3M | 0.00% | −1,047,702−26.2% | Reduced |
| State of New Jersey Common Pension Fund A | 3,149,148 | $27.0M | 9.56% | +3,149,148 | New |
| Vanguard Group Inc | 3,957,587 | $33.9M | 0.00% | +190,505+5.1% | Added |
| Goldman Sachs Group Inc | 4,391,665 | $37.6M | 0.01% | +629,195+16.7% | Added |
| BlackRock, Inc. | 6,395,949 | $54.7M | 0.00% | +213,181+3.4% | Added |
| Long Pond Capital, LP | 6,898,626 | $59.1M | 4.28% | −405,000−5.5% | Reduced |
| Balyasny Asset Management LLC | 0 | $0 | 0.00% | −980,198−100.0% | Sold out |
| UBS Asset Management Americas Inc | 0 | $0 | 0.00% | −259,500−100.0% | Sold out |
| Segall Bryant & Hamill, LLC | 0 | $0 | 0.00% | −242,301−100.0% | Sold out |
| AXS Investments LLC | 0 | $0 | 0.00% | −199,778−100.0% | Sold out |
| Vestcor Inc | 0 | $0 | 0.00% | −164,775−100.0% | Sold out |
| Susquehanna International Group, LLP | 0 | $0 | 0.00% | −111,554−100.0% | Sold out |
| Nebula Research & Development LLC | 0 | $0 | 0.00% | −74,943−100.0% | Sold out |
| Jupiter Asset Management Ltd | 0 | $0 | 0.00% | −54,264−100.0% | Sold out |
| Brevan Howard Capital Management LP | 0 | $0 | 0.00% | −26,820−100.0% | Sold out |
| Vident Advisory, LLC | 0 | $0 | 0.00% | −25,633−100.0% | Sold out |
| Modern Wealth Management, LLC | 0 | $0 | 0.00% | −20,855−100.0% | Sold out |
| Jane Street Group, LLC | 0 | $0 | 0.00% | −14,610−100.0% | Sold out |
| Graham Capital Management, L.P. | 0 | $0 | 0.00% | −14,130−100.0% | Sold out |
| Meeder Asset Management Inc | 0 | $0 | 0.00% | −5,847−100.0% | Sold out |
| Arlington Trust Co LLC | 0 | $0 | 0.00% | −5,000−100.0% | Sold out |
| Glenmede Investment Management, LP | 0 | $0 | 0.00% | −107−100.0% | Sold out |
| Bessemer Group Inc | 0 | $0 | 0.00% | −46−100.0% | Sold out |
| Norges Bank | – | – | – | – | Not filed |
| Avantax Advisory Services, Inc. | – | – | – | – | Not filed |