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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, Q1 2026

Institutional positions in TPG RE Finance Trust, Inc. as of Mar 31, 2026. 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
157
+5 vs. Q4 2025
Shares held
57.8M
+2.85M (+5.2%) vs. Q4 2025
Total value
$452.0M
−$21.5M (−4.5%) vs. Q4 2025
New holders
29
44 more added
Sold out
24
61 more reduced

2 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 157 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 heldQ1 2026: $452.0M
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, Q1 2026

Shares, value and share of portfolio for each institution holding TPG RE Finance Trust, Inc.; share changes are against Q4 2025.

Institutions holding TRTX in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Long Pond Capital, LP7,029,102$54.9M5.61%−3,524−0.1%Reduced
BlackRock, Inc.6,271,100$49.0M0.00%−417,611−6.2%Reduced
Vanguard Capital Management LLC3,223,032$25.2M0.00%+3,223,032New
Mirae Asset Global ETFs Holdings Ltd.3,181,296$24.8M0.03%+1,494,924+88.6%Added
State of New Jersey Common Pension Fund A3,149,148$24.6M10.89%00.0%Unchanged
Gratia Capital, LLC2,701,749$21.1M19.97%+670,381+33.0%Added
TPG GP A, LLC2,392,863$18.7M0.51%00.0%Unchanged
State Street Corp1,897,439$15.3M0.00%+103,661+5.8%Added
Two Sigma Investments, LP1,875,129$14.6M0.01%+753,992+67.3%Added
Geode Capital Management, LLC1,843,303$14.4M0.00%+60,196+3.4%Added
Qube Research & Technologies Ltd1,613,487$12.6M0.02%+634,785+64.9%Added
Goldman Sachs Group Inc1,201,185$9.38M0.00%−2,590,213−68.3%Reduced
Citigroup Inc1,190,785$9.30M0.01%+101,673+9.3%Added
Charles Schwab Investment Management Inc1,134,852$8.86M0.00%+12,985+1.2%Added
One William Street Capital Management, L.P.1,070,000$8.36M16.06%+593,039+124.3%Added
Morgan Stanley966,855$7.55M0.00%−42,070−4.2%Reduced
Arrowstreet Capital, Limited Partnership929,566$7.26M0.00%+350,020+60.4%Added
Van Eck Associates Corp746,635$5.83M0.00%+165,450+28.5%Added
Dimension Capital Management LLC720,597$5.63M0.79%+27,650+4.0%Added
FMR LLC719,830$5.62M0.00%+203,758+39.5%Added
Wellington Management Group LLP713,620$5.57M0.00%−16,832−2.3%Reduced
Nan Shan Life Insurance Co., Ltd.711,605$5.56M0.20%−2,109,486−74.8%Reduced
Northern Trust Corp672,028$5.25M0.00%+46,065+7.4%Added
Millennium Management LLC667,789$5.22M0.00%+309,040+86.1%Added
Condor Capital Management631,201$4.93M0.41%−15,742−2.4%Reduced
UBS Group AG595,636$4.65M0.00%+143,639+31.8%Added
Q Global Advisors, LLC589,903$4.61M4.43%−39,200−6.2%Reduced
Solel Partners LP540,574$4.22M0.90%−333,112−38.1%Reduced
Vanguard Portfolio Management LLC531,266$4.15M0.00%+531,266New
Franklin Resources Inc513,143$4.01M0.00%+467,676+1,028.6%Added
Vanguard Fiduciary Trust Co505,122$3.95M0.00%+505,122New
Colony Group, LLC474,610$3.71M0.00%+14,268+3.1%Added
JPMorgan Chase & Co456,070$3.52M0.00%−89,993−16.5%Reduced
Cercano Management LLC401,607$3.14M0.14%00.0%Unchanged
Almitas Capital LLC327,832$2.56M0.58%+327,832New
Nokomis Capital, L.L.C.312,898$2.44M0.74%−76,176−19.6%Reduced
Alliancebernstein L.P.273,270$2.35M0.00%−16,260−5.6%Reduced
Bank of America Corp258,862$2.02M0.00%−34,300−11.7%Reduced
Citadel Advisors LLC251,870$1.97M0.00%+93,386+58.9%Added
Bank of New York Mellon Corp198,261$1.55M0.00%−2,253−1.1%Reduced
Renaissance Technologies LLC185,505$1.45M0.00%−30,100−14.0%Reduced
Bracebridge Capital, LLC182,157$1.42M0.26%00.0%Unchanged
UBS Asset Management Americas Inc180,551$1.41M0.00%+178,843+10,470.9%Added
Jennison Associates LLC170,302$1.33M0.00%+170,302New
Invesco Ltd.147,152$1.15M0.00%+2,866+2.0%Added
Nuveen, LLC142,509$1.11M0.00%+808+0.6%Added
Swiss National Bank139,600$1.09M0.00%00.0%Unchanged
Y-Intercept (Hong Kong) Ltd136,659$1.07M0.02%+103,986+318.3%Added
Penserra Capital Management LLC133,529$1.04M0.01%+3,762+2.9%Added
Virginia Retirement Systems Et Al115,100$898.9K0.01%+61,900+116.4%Added
Price T Rowe Associates Inc107,015$836.0K0.00%+12,599+13.3%Added
Caption Management, LLC100,268$783.1K0.04%−321,515−76.2%Reduced
Raymond James Financial Inc99,685$778.5K0.00%−20,112−16.8%Reduced
Redhawk Wealth Advisors, Inc.99,624$778.1K0.09%+269+0.3%Added
Golden State Equity Partners96,974$757.4K0.06%−2,105−2.1%Reduced
Rhumbline Advisers96,221$751.5K0.00%−3,744−3.7%Reduced
State of Wisconsin Investment Board95,414$745.2K0.00%−18,757−16.4%Reduced
XTX Topco Ltd94,847$740.8K0.01%+94,847New
AQR Capital Management LLC94,046$734.5K0.00%+8,548+10.0%Added
Deutsche Bank AG80,479$628.5K0.00%+11,535+16.7%Added
Teacher Retirement System of Texas79,099$617.8K0.00%−26,587−25.2%Reduced
Barclays PLC75,122$586.7K0.00%−71,837−48.9%Reduced
Engineers Gate Manager LP75,062$586.2K0.01%−15,963−17.5%Reduced
Russell Investments Group, Ltd.74,398$581.0K0.00%−436−0.6%Reduced
Schonfeld Strategic Advisors LLC71,629$559.4K0.00%+71,629New
Bouchey Financial Group Ltd65,616$536.1K0.04%+65,616New
California State Teachers Retirement System66,883$522.4K0.00%−4,991−6.9%Reduced
Royal Bank of Canada66,052$516.0K0.00%−24,766−27.3%Reduced
Voya Investment Management LLC54,508$425.7K0.00%−460−0.8%Reduced
Cerity Partners LLC54,152$422.9K0.00%−50,607−48.3%Reduced
Vanguard Asset Management, Ltd53,847$420.5K0.00%+53,847New
Legal & General Group Plc53,076$414.5K0.00%−4,976−8.6%Reduced
CWM, LLC50,125$391.5K0.00%+45,653+1,020.9%Added
Squarepoint Ops LLC46,908$366.4K0.00%−25,328−35.1%Reduced
Quantbot Technologies LP38,594$301.4K0.01%+4,647+13.7%Added
Wells Fargo & Company36,166$282.5K0.00%−57,354−61.3%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)36,066$281.7K0.00%00.0%Unchanged
Creative Planning33,826$264.2K0.00%+4,825+16.6%Added
MetLife Investment Management31,673$247.4K0.00%−5,388−14.5%Reduced
Atom Investors LP31,437$245.5K0.02%+31,437New
LPL Financial LLC31,321$244.6K0.00%+31,321New
Vanguard Global Advisers, LLC31,255$244.1K0.00%+31,255New
State of Wyoming31,217$243.8K0.03%−6,957−18.2%Reduced
Susquehanna International Group, LLP31,172$243.5K0.00%+12,219+64.5%Added
Canada Pension Plan Investment Board27,800$217.1K0.00%00.0%Unchanged
Empowered Funds, LLC27,778$216.9K0.00%+27,778New
Pine Valley Investments Ltd Liability Co26,500$211.3K0.01%−3,100−10.5%Reduced
Prudential Financial Inc26,065$203.6K0.00%−8,150−23.8%Reduced
Dynamic Technology Lab Private Ltd25,440$198.7K0.03%+25,440New
Federated Hermes, Inc.24,872$194.3K0.00%00.0%Unchanged
Intech Investment Management LLC24,690$192.8K0.00%−5,574−18.4%Reduced
BNP Paribas Arbitrage, SA22,653$176.9K0.00%+59+0.3%Added
Janus Henderson Group PLC22,444$175.6K0.00%00.0%Unchanged
Victory Capital Management Inc22,235$173.7K0.00%−119−0.5%Reduced
State Board of Administration of Florida Retirement System19,727$154.1K0.00%−42,818−68.5%Reduced
Quantinno Capital Management LP19,644$153.4K0.00%+4,537+30.0%Added
Arizona State Retirement System19,429$151.7K0.00%−673−3.3%Reduced
Police & Firemen's Retirement System of New Jersey18,871$147.4K0.00%00.0%Unchanged
Manufacturers Life Insurance Company, The18,784$146.7K0.00%−698−3.6%Reduced
Vanguard Investments Australia, Ltd.15,702$122.6K0.00%+15,702New