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, Q4 2025
Institutional positions in TPG RE Finance Trust, Inc. as of Dec 31, 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
- 154
- +16 vs. Q3 2025
- Shares held
- 59.3M
- +1.01M (+1.7%) vs. Q3 2025
- Total value
- $511.3M
- +$11.6M (+2.3%) vs. Q3 2025
- New holders
- 27
- 57 more added
- Sold out
- 11
- 44 more reduced
2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding TPG RE Finance Trust, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Long Pond Capital, LP | 7,032,626 | $60.6M | 7.11% | +134,000+1.9% | Added |
| BlackRock, Inc. | 6,688,711 | $57.6M | 0.00% | +292,762+4.6% | Added |
| Vanguard Group Inc | 4,138,380 | $35.6M | 0.00% | +180,793+4.6% | Added |
| Goldman Sachs Group Inc | 3,791,398 | $32.6M | 0.00% | −600,267−13.7% | Reduced |
| State of New Jersey Common Pension Fund A | 3,149,148 | $27.1M | 10.04% | 00.0% | Unchanged |
| Nan Shan Life Insurance Co., Ltd. | 2,821,091 | $24.3M | 0.75% | 00.0% | Unchanged |
| TPG GP A, LLC | 2,392,863 | $20.6M | 0.77% | 00.0% | Unchanged |
| Gratia Capital, LLC | 2,031,368 | $17.5M | 15.65% | −127,419−5.9% | Reduced |
| State Street Corp | 1,793,778 | $15.9M | 0.00% | +65,382+3.8% | Added |
| Geode Capital Management, LLC | 1,783,107 | $15.4M | 0.00% | +37,173+2.1% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 1,686,372 | $14.5M | 0.02% | +121,220+7.7% | Added |
| Two Sigma Advisers, LP | 1,446,300 | $12.5M | 0.02% | +236,700+19.6% | Added |
| Charles Schwab Investment Management Inc | 1,121,867 | $9.66M | 0.00% | +122,612+12.3% | Added |
| Two Sigma Investments, LP | 1,121,137 | $9.65M | 0.01% | +187,802+20.1% | Added |
| Citigroup Inc | 1,089,112 | $9.38M | 0.01% | −34,018−3.0% | Reduced |
| Morgan Stanley | 1,008,925 | $8.69M | 0.00% | −1,944,988−65.8% | Reduced |
| Qube Research & Technologies Ltd | 978,702 | $8.43M | 0.01% | +276,634+39.4% | Added |
| Solel Partners LP | 873,686 | $7.52M | 1.22% | 00.0% | Unchanged |
| Wellington Management Group LLP | 730,452 | $6.29M | 0.00% | +10,338+1.4% | Added |
| Dimension Capital Management LLC | 692,947 | $5.97M | 0.84% | +13,721+2.0% | Added |
| Condor Capital Management | 646,943 | $5.57M | 0.45% | −14,680−2.2% | Reduced |
| Q Global Advisors, LLC | 629,103 | $5.42M | 5.33% | +112,271+21.7% | Added |
| Northern Trust Corp | 625,963 | $5.39M | 0.00% | −67,676−9.8% | Reduced |
| Van Eck Associates Corp | 581,185 | $5.00M | 0.00% | +50,409+9.5% | Added |
| Arrowstreet Capital, Limited Partnership | 579,546 | $4.99M | 0.00% | +56,699+10.8% | Added |
| JPMorgan Chase & Co | 546,063 | $4.70M | 0.00% | −96,677−15.0% | Reduced |
| FMR LLC | 516,072 | $4.44M | 0.00% | +106,151+25.9% | Added |
| One William Street Capital Management, L.P. | 476,961 | $4.11M | 9.62% | +56,291+13.4% | Added |
| Colony Group, LLC | 460,342 | $3.96M | 0.00% | +460,342 | New |
| UBS Group AG | 451,997 | $3.89M | 0.00% | +115,787+34.4% | Added |
| Caption Management, LLC | 421,783 | $3.63M | 0.16% | +421,783 | New |
| Cercano Management LLC | 401,607 | $3.46M | 0.13% | 00.0% | Unchanged |
| Nokomis Capital, L.L.C. | 389,074 | $3.35M | 0.93% | 00.0% | Unchanged |
| Millennium Management LLC | 358,749 | $3.09M | 0.00% | +345,439+2,595.3% | Added |
| Jane Street Group, LLC | 333,980 | $2.88M | 0.00% | +333,980 | New |
| Bank of America Corp | 293,162 | $2.52M | 0.00% | −64,591−18.1% | Reduced |
| Alliancebernstein L.P. | 289,530 | $2.49M | 0.00% | +82,470+39.8% | Added |
| Norges Bank | 263,000 | $2.26M | 0.00% | +263,000 | New |
| Renaissance Technologies LLC | 215,605 | $1.86M | 0.00% | −44,294−17.0% | Reduced |
| Bank of New York Mellon Corp | 200,514 | $1.73M | 0.00% | −2,533−1.2% | Reduced |
| Bracebridge Capital, LLC | 182,157 | $1.57M | 0.57% | 00.0% | Unchanged |
| Citadel Advisors LLC | 158,484 | $1.36M | 0.00% | +158,484 | New |
| Barclays PLC | 146,959 | $1.27M | 0.00% | −1,440−1.0% | Reduced |
| Invesco Ltd. | 144,286 | $1.24M | 0.00% | −34,549−19.3% | Reduced |
| Nuveen, LLC | 141,701 | $1.22M | 0.00% | −4,632−3.2% | Reduced |
| Swiss National Bank | 139,600 | $1.20M | 0.00% | +9,100+7.0% | Added |
| Penserra Capital Management LLC | 129,767 | $1.12M | 0.01% | −10,107−7.2% | Reduced |
| Raymond James Financial Inc | 119,797 | $1.03M | 0.00% | −42,677−26.3% | Reduced |
| State of Wisconsin Investment Board | 114,171 | $983.0K | 0.00% | +16,841+17.3% | Added |
| SG Americas Securities, LLC | 113,203 | $975.0K | 0.00% | −24,793−18.0% | Reduced |
| Teacher Retirement System of Texas | 105,686 | $910.0K | 0.00% | −7,712−6.8% | Reduced |
| Cerity Partners LLC | 104,759 | $902.0K | 0.00% | +3,514+3.5% | Added |
| Rhumbline Advisers | 99,965 | $860.7K | 0.00% | −11,622−10.4% | Reduced |
| Redhawk Wealth Advisors, Inc. | 99,355 | $855.4K | 0.10% | +99,355 | New |
| Golden State Equity Partners | 99,079 | $853.1K | 0.14% | −616−0.6% | Reduced |
| Marshall Wace, LLP | 97,230 | $837.2K | 0.00% | +97,230 | New |
| Price T Rowe Associates Inc | 94,416 | $813.0K | 0.00% | +3,589+4.0% | Added |
| Tudor Investment Corp Et Al | 94,236 | $811.4K | 0.00% | +56,937+152.7% | Added |
| Wells Fargo & Company | 93,520 | $805.2K | 0.00% | −34,709−27.1% | Reduced |
| Engineers Gate Manager LP | 91,025 | $783.7K | 0.01% | +69,312+319.2% | Added |
| Royal Bank of Canada | 90,818 | $781.0K | 0.00% | +3,311+3.8% | Added |
| AQR Capital Management LLC | 85,498 | $736.1K | 0.00% | +247+0.3% | Added |
| HSBC Holdings PLC | 75,723 | $652.7K | 0.00% | −18,695−19.8% | Reduced |
| Russell Investments Group, Ltd. | 74,834 | $644.3K | 0.00% | +68,883+1,157.5% | Added |
| Squarepoint Ops LLC | 72,236 | $622.0K | 0.00% | +4,054+5.9% | Added |
| California State Teachers Retirement System | 71,874 | $618.8K | 0.00% | +6,061+9.2% | Added |
| Deutsche Bank AG | 68,944 | $593.6K | 0.00% | +27,290+65.5% | Added |
| Verition Fund Management LLC | 62,745 | $540.2K | 0.00% | +4,400+7.5% | Added |
| State Board of Administration of Florida Retirement System | 62,545 | $538.5K | 0.00% | 00.0% | Unchanged |
| Thrivent Financial for Lutherans | 59,219 | $510.0K | 0.00% | 00.0% | Unchanged |
| Legal & General Group Plc | 58,052 | $499.8K | 0.00% | +178+0.3% | Added |
| Voya Investment Management LLC | 54,968 | $473.3K | 0.00% | +808+1.5% | Added |
| Virginia Retirement Systems Et Al | 53,200 | $458.1K | 0.00% | +18,700+54.2% | Added |
| VARCOV Co. | 52,003 | $447.7K | 0.18% | +52,003 | New |
| Franklin Resources Inc | 45,467 | $391.5K | 0.00% | −34,981−43.5% | Reduced |
| State of Wyoming | 38,174 | $328.7K | 0.04% | +30,694+410.3% | Added |
| MetLife Investment Management | 37,061 | $319.1K | 0.00% | +983+2.7% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 36,066 | $310.5K | 0.00% | +13,306+58.5% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 35,415 | $304.9K | 0.00% | −3,488−9.0% | Reduced |
| Prudential Financial Inc | 34,215 | $294.6K | 0.00% | +17,120+100.1% | Added |
| Quantbot Technologies LP | 33,947 | $292.3K | 0.01% | +33,947 | New |
| Shade Tree Advisors LLC | 32,794 | $282.4K | 0.21% | +32,794 | New |
| Y-Intercept (Hong Kong) Ltd | 32,673 | $281.3K | 0.01% | +32,673 | New |
| Intech Investment Management LLC | 30,264 | $260.6K | 0.00% | +860+2.9% | Added |
| Pine Valley Investments Ltd Liability Co | 29,600 | $259.9K | 0.01% | −10,107−25.5% | Reduced |
| Quest Partners LLC | 29,868 | $257.2K | 0.01% | −26,133−46.7% | Reduced |
| Creative Planning | 29,001 | $249.7K | 0.00% | +4,051+16.2% | Added |
| Canada Pension Plan Investment Board | 27,800 | $239.4K | 0.00% | +27,800 | New |
| Point72 Asset Management, L.P. | 25,100 | $216.1K | 0.00% | −20,384−44.8% | Reduced |
| Federated Hermes, Inc. | 24,872 | $214.1K | 0.00% | +24,872 | New |
| TCW Group Inc | 22,951 | $197.6K | 0.00% | +22,951 | New |
| BNP Paribas Arbitrage, SA | 22,594 | $194.5K | 0.00% | +6,327+38.9% | Added |
| Janus Henderson Group PLC | 22,444 | $193.4K | 0.00% | 00.0% | Unchanged |
| Victory Capital Management Inc | 22,354 | $192.5K | 0.00% | −1,025−4.4% | Reduced |
| Clear Street Markets LLC | 20,867 | $179.7K | 0.03% | −144,233−87.4% | Reduced |
| Arizona State Retirement System | 20,102 | $173.1K | 0.00% | +16+0.1% | Added |
| Manufacturers Life Insurance Company, The | 19,482 | $167.7K | 0.00% | −2,949−13.1% | Reduced |
| Susquehanna International Group, LLP | 18,953 | $163.2K | 0.00% | +18,953 | New |
| Police & Firemen's Retirement System of New Jersey | 18,871 | $162.5K | 0.00% | 00.0% | Unchanged |
| Fox Run Management, L.L.C. | 16,803 | $144.7K | 0.02% | +16,803 | New |