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 |
|---|---|---|---|---|---|
| Redhawk Wealth Advisors, Inc. | 99,355 | $855.4K | 0.10% | +99,355 | New |
| Rhumbline Advisers | 99,965 | $860.7K | 0.00% | −11,622−10.4% | Reduced |
| Cerity Partners LLC | 104,759 | $902.0K | 0.00% | +3,514+3.5% | Added |
| Teacher Retirement System of Texas | 105,686 | $910.0K | 0.00% | −7,712−6.8% | Reduced |
| SG Americas Securities, LLC | 113,203 | $975.0K | 0.00% | −24,793−18.0% | Reduced |
| State of Wisconsin Investment Board | 114,171 | $983.0K | 0.00% | +16,841+17.3% | Added |
| Raymond James Financial Inc | 119,797 | $1.03M | 0.00% | −42,677−26.3% | Reduced |
| Penserra Capital Management LLC | 129,767 | $1.12M | 0.01% | −10,107−7.2% | Reduced |
| Swiss National Bank | 139,600 | $1.20M | 0.00% | +9,100+7.0% | Added |
| Nuveen, LLC | 141,701 | $1.22M | 0.00% | −4,632−3.2% | Reduced |
| Invesco Ltd. | 144,286 | $1.24M | 0.00% | −34,549−19.3% | Reduced |
| Barclays PLC | 146,959 | $1.27M | 0.00% | −1,440−1.0% | Reduced |
| Citadel Advisors LLC | 158,484 | $1.36M | 0.00% | +158,484 | New |
| Bracebridge Capital, LLC | 182,157 | $1.57M | 0.57% | 00.0% | Unchanged |
| Bank of New York Mellon Corp | 200,514 | $1.73M | 0.00% | −2,533−1.2% | Reduced |
| Renaissance Technologies LLC | 215,605 | $1.86M | 0.00% | −44,294−17.0% | Reduced |
| Norges Bank | 263,000 | $2.26M | 0.00% | +263,000 | New |
| Alliancebernstein L.P. | 289,530 | $2.49M | 0.00% | +82,470+39.8% | Added |
| Bank of America Corp | 293,162 | $2.52M | 0.00% | −64,591−18.1% | Reduced |
| Jane Street Group, LLC | 333,980 | $2.88M | 0.00% | +333,980 | New |
| Millennium Management LLC | 358,749 | $3.09M | 0.00% | +345,439+2,595.3% | Added |
| Nokomis Capital, L.L.C. | 389,074 | $3.35M | 0.93% | 00.0% | Unchanged |
| Cercano Management LLC | 401,607 | $3.46M | 0.13% | 00.0% | Unchanged |
| Caption Management, LLC | 421,783 | $3.63M | 0.16% | +421,783 | New |
| UBS Group AG | 451,997 | $3.89M | 0.00% | +115,787+34.4% | Added |
| Colony Group, LLC | 460,342 | $3.96M | 0.00% | +460,342 | New |
| One William Street Capital Management, L.P. | 476,961 | $4.11M | 9.62% | +56,291+13.4% | Added |
| FMR LLC | 516,072 | $4.44M | 0.00% | +106,151+25.9% | Added |
| JPMorgan Chase & Co | 546,063 | $4.70M | 0.00% | −96,677−15.0% | Reduced |
| Arrowstreet Capital, Limited Partnership | 579,546 | $4.99M | 0.00% | +56,699+10.8% | Added |
| Van Eck Associates Corp | 581,185 | $5.00M | 0.00% | +50,409+9.5% | Added |
| Northern Trust Corp | 625,963 | $5.39M | 0.00% | −67,676−9.8% | Reduced |
| Q Global Advisors, LLC | 629,103 | $5.42M | 5.33% | +112,271+21.7% | Added |
| Condor Capital Management | 646,943 | $5.57M | 0.45% | −14,680−2.2% | Reduced |
| Dimension Capital Management LLC | 692,947 | $5.97M | 0.84% | +13,721+2.0% | Added |
| Wellington Management Group LLP | 730,452 | $6.29M | 0.00% | +10,338+1.4% | Added |
| Solel Partners LP | 873,686 | $7.52M | 1.22% | 00.0% | Unchanged |
| Qube Research & Technologies Ltd | 978,702 | $8.43M | 0.01% | +276,634+39.4% | Added |
| Morgan Stanley | 1,008,925 | $8.69M | 0.00% | −1,944,988−65.8% | Reduced |
| Citigroup Inc | 1,089,112 | $9.38M | 0.01% | −34,018−3.0% | Reduced |
| Two Sigma Investments, LP | 1,121,137 | $9.65M | 0.01% | +187,802+20.1% | Added |
| Charles Schwab Investment Management Inc | 1,121,867 | $9.66M | 0.00% | +122,612+12.3% | Added |
| Two Sigma Advisers, LP | 1,446,300 | $12.5M | 0.02% | +236,700+19.6% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 1,686,372 | $14.5M | 0.02% | +121,220+7.7% | Added |
| Geode Capital Management, LLC | 1,783,107 | $15.4M | 0.00% | +37,173+2.1% | Added |
| State Street Corp | 1,793,778 | $15.9M | 0.00% | +65,382+3.8% | Added |
| Gratia Capital, LLC | 2,031,368 | $17.5M | 15.65% | −127,419−5.9% | Reduced |
| TPG GP A, LLC | 2,392,863 | $20.6M | 0.77% | 00.0% | Unchanged |
| Nan Shan Life Insurance Co., Ltd. | 2,821,091 | $24.3M | 0.75% | 00.0% | Unchanged |
| State of New Jersey Common Pension Fund A | 3,149,148 | $27.1M | 10.04% | 00.0% | Unchanged |
| Goldman Sachs Group Inc | 3,791,398 | $32.6M | 0.00% | −600,267−13.7% | Reduced |
| Vanguard Group Inc | 4,138,380 | $35.6M | 0.00% | +180,793+4.6% | Added |
| BlackRock, Inc. | 6,688,711 | $57.6M | 0.00% | +292,762+4.6% | Added |
| Long Pond Capital, LP | 7,032,626 | $60.6M | 7.11% | +134,000+1.9% | Added |
| Kovitz Investment Group Partners, LLC | 0 | $0 | 0.00% | −383,414−100.0% | Sold out |
| Caxton Associates LLP | 0 | $0 | 0.00% | −152,092−100.0% | Sold out |
| Centiva Capital, LP | 0 | $0 | 0.00% | −31,432−100.0% | Sold out |
| Inceptionr LLC | 0 | $0 | 0.00% | −22,996−100.0% | Sold out |
| D. E. Shaw & Co., Inc. | 0 | $0 | 0.00% | −19,672−100.0% | Sold out |
| Evoke Wealth, LLC | 0 | $0 | 0.00% | −11,796−100.0% | Sold out |
| LPL Financial LLC | 0 | $0 | 0.00% | −10,163−100.0% | Sold out |
| McIlrath & Eck, LLC | 0 | $0 | 0.00% | −6,753−100.0% | Sold out |
| New Age Alpha Advisors, LLC | 0 | $0 | 0.00% | −5,957−100.0% | Sold out |
| Quarry LP | 0 | $0 | 0.00% | −1,348−100.0% | Sold out |
| Advisory Services Network, LLC | 0 | $0 | 0.00% | −5−100.0% | Sold out |
| Cubist Systematic Strategies, LLC | – | – | – | – | Not filed |
| Point72 (DIFC) Ltd | – | – | – | – | Not filed |