Skip to main content

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.

Institutional holdersQ4 2025: 154 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 heldQ4 2025: $511.3M
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, Q4 2025

Shares, value and share of portfolio for each institution holding TPG RE Finance Trust, Inc.; share changes are against Q3 2025.

Institutions holding TRTX in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
PEAK6 LLC5$430.00%−220−97.8%Reduced
The PNC Financial Services Group, Inc.5$430.00%+5New
Legacy Wealth Managment, LLC6$530.00%00.0%Unchanged
Hughes Financial Services, LLC9$770.00%00.0%Unchanged
MAI Capital Management11$950.00%+11New
Essential Partners LLC20$1720.00%−15−42.9%Reduced
SRS Capital Advisors, Inc.23$1980.00%−918−97.6%Reduced
True Wealth Design, LLC23$1990.00%+23New
Allworth Financial LP63$5430.00%−22−25.9%Reduced
Parkside Financial Bank & Trust66$5690.00%00.0%Unchanged
Cornerstone Financial Management LLC72$6200.00%+72New
GAMMA Investing LLC73$6290.00%+34+87.2%Added
Covestor Ltd98$1.00K0.00%−22−18.3%Reduced
Farther Finance Advisors, LLC118$1.02K0.00%+93+372.0%Added
Advisor Group Holdings, Inc.155$1.33K0.00%+5+3.3%Added
Quadrant Capital Group LLC203$1.75K0.00%00.0%Unchanged
Rothschild Investment LLC220$1.89K0.00%+5+2.3%Added
Capital Advisors, Ltd. LLC230$2.00K0.00%00.0%Unchanged
Rockefeller Capital Management L.P.242$2.08K0.00%+242New
IFP Advisors, Inc280$2.41K0.00%−4−1.4%Reduced
Smartleaf Asset Management LLC313$2.70K0.00%00.0%Unchanged
Larson Financial Group LLC386$3.32K0.00%+18+4.9%Added
Versant Capital Management, Inc518$4.46K0.00%00.0%Unchanged
Optiver Holding B.V.578$4.98K0.00%00.0%Unchanged
Crewe Advisors LLC781$6.72K0.00%+781New
Parallel Advisors, LLC1,298$11.2K0.00%00.0%Unchanged
UBS Asset Management Americas Inc1,708$14.7K0.00%+1,708New
EverSource Wealth Advisors, LLC1,947$16.8K0.00%+1,620+495.4%Added
Public Employees Retirement System of Ohio1,992$17.2K0.00%−186−8.5%Reduced
Amalgamated Bank2,119$18.0K0.00%−296−12.3%Reduced
Signaturefd, LLC2,335$20.1K0.00%+566+32.0%Added
Steward Partners Investment Advisory, LLC2,916$25.1K0.00%+76+2.7%Added
Kemnay Advisory Services Inc.3,476$29.9K0.00%+3,476New
Kestra Advisory Services, LLC3,515$30.3K0.00%+3,515New
Sterling Capital Management LLC3,916$33.7K0.00%−738−15.9%Reduced
CWM, LLC4,472$39.0K0.00%+72+1.6%Added
Ameritas Investment Partners, Inc.5,635$48.5K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)6,492$55.9K0.00%+4,920+313.0%Added
Nisa Investment Advisors, LLC7,615$68.2K0.00%−4,083−34.9%Reduced
Great West Life Assurance Co9,245$80.0K0.00%00.0%Unchanged
Sig Brokerage, LP10,105$87.0K0.03%−643−6.0%Reduced
Cetera Investment Advisers10,499$90.4K0.00%+7+0.1%Added
Ameriprise Financial Inc10,652$93.9K0.00%+6+0.1%Added
Aigen Investment Management, LP10,936$94.2K0.02%−17,747−61.9%Reduced
Cresset Asset Management, LLC10,843$96.0K0.00%00.0%Unchanged
ProShare Advisors LLC12,328$106.1K0.00%+793+6.9%Added
STRS Ohio12,900$111.1K0.00%00.0%Unchanged
New York State Common Retirement Fund13,483$116.1K0.00%00.0%Unchanged
Zacks Investment Management13,898$119.7K0.00%−818−5.6%Reduced
Group One Trading, L.P.14,874$128.1K0.00%+14,874New
Quantinno Capital Management LP15,107$130.1K0.00%+15,107New
KLP Kapitalforvaltning AS14,900$131.3K0.00%00.0%Unchanged
Mariner, LLC15,650$134.7K0.00%−1,805−10.3%Reduced
Seven Mile Advisory15,994$137.7K0.02%−94−0.6%Reduced
Fox Run Management, L.L.C.16,803$144.7K0.02%+16,803New
Police & Firemen's Retirement System of New Jersey18,871$162.5K0.00%00.0%Unchanged
Susquehanna International Group, LLP18,953$163.2K0.00%+18,953New
Manufacturers Life Insurance Company, The19,482$167.7K0.00%−2,949−13.1%Reduced
Arizona State Retirement System20,102$173.1K0.00%+16+0.1%Added
Clear Street Markets LLC20,867$179.7K0.03%−144,233−87.4%Reduced
Victory Capital Management Inc22,354$192.5K0.00%−1,025−4.4%Reduced
Janus Henderson Group PLC22,444$193.4K0.00%00.0%Unchanged
BNP Paribas Arbitrage, SA22,594$194.5K0.00%+6,327+38.9%Added
TCW Group Inc22,951$197.6K0.00%+22,951New
Federated Hermes, Inc.24,872$214.1K0.00%+24,872New
Point72 Asset Management, L.P.25,100$216.1K0.00%−20,384−44.8%Reduced
Canada Pension Plan Investment Board27,800$239.4K0.00%+27,800New
Creative Planning29,001$249.7K0.00%+4,051+16.2%Added
Quest Partners LLC29,868$257.2K0.01%−26,133−46.7%Reduced
Pine Valley Investments Ltd Liability Co29,600$259.9K0.01%−10,107−25.5%Reduced
Intech Investment Management LLC30,264$260.6K0.00%+860+2.9%Added
Y-Intercept (Hong Kong) Ltd32,673$281.3K0.01%+32,673New
Shade Tree Advisors LLC32,794$282.4K0.21%+32,794New
Quantbot Technologies LP33,947$292.3K0.01%+33,947New
Prudential Financial Inc34,215$294.6K0.00%+17,120+100.1%Added
Universal- Beteiligungs- und Servicegesellschaft mbH35,415$304.9K0.00%−3,488−9.0%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)36,066$310.5K0.00%+13,306+58.5%Added
MetLife Investment Management37,061$319.1K0.00%+983+2.7%Added
State of Wyoming38,174$328.7K0.04%+30,694+410.3%Added
Franklin Resources Inc45,467$391.5K0.00%−34,981−43.5%Reduced
VARCOV Co.52,003$447.7K0.18%+52,003New
Virginia Retirement Systems Et Al53,200$458.1K0.00%+18,700+54.2%Added
Voya Investment Management LLC54,968$473.3K0.00%+808+1.5%Added
Legal & General Group Plc58,052$499.8K0.00%+178+0.3%Added
Thrivent Financial for Lutherans59,219$510.0K0.00%00.0%Unchanged
State Board of Administration of Florida Retirement System62,545$538.5K0.00%00.0%Unchanged
Verition Fund Management LLC62,745$540.2K0.00%+4,400+7.5%Added
Deutsche Bank AG68,944$593.6K0.00%+27,290+65.5%Added
California State Teachers Retirement System71,874$618.8K0.00%+6,061+9.2%Added
Squarepoint Ops LLC72,236$622.0K0.00%+4,054+5.9%Added
Russell Investments Group, Ltd.74,834$644.3K0.00%+68,883+1,157.5%Added
HSBC Holdings PLC75,723$652.7K0.00%−18,695−19.8%Reduced
AQR Capital Management LLC85,498$736.1K0.00%+247+0.3%Added
Royal Bank of Canada90,818$781.0K0.00%+3,311+3.8%Added
Engineers Gate Manager LP91,025$783.7K0.01%+69,312+319.2%Added
Wells Fargo & Company93,520$805.2K0.00%−34,709−27.1%Reduced
Tudor Investment Corp Et Al94,236$811.4K0.00%+56,937+152.7%Added
Price T Rowe Associates Inc94,416$813.0K0.00%+3,589+4.0%Added
Marshall Wace, LLP97,230$837.2K0.00%+97,230New
Golden State Equity Partners99,079$853.1K0.14%−616−0.6%Reduced