NREF · NexPoint Real Estate Finance, Inc. · Holdings

$17.22 -0.32 (-1.82%) At close · Sep 9

Russell 2000 member Rebalance outlook locked

Market Cap

$324.56M

18.85M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP →

Quarter:

Holders: 78

Total Value: $200,110,262

Total Shares: 12,910,569

Institutional Ownership Trend

26 quarters

Holder Concentration

Across 78 13F filers · Δ vs Mar 31, 2026

Top Holder

73.1%

−0.2 pts

Top 5

85.1%

+0.3 pts

Top 10

91.4%

+0.3 pts

HHI

5,398

Highly concentrated−27

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

Holder count: -8

Institutional value: +15.4%

Shares held: +0.3%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Mega VANGUARD CAPITAL MANAGEMENT LLC	+36,847	346,323
Mega BlackRock, Inc.	+30,273	624,275
Mega VANGUARD PORTFOLIO MANAGEMENT LLC	+9,593	48,334
Mega Russell Investments Group, Ltd.	+8,894	32,075
Mega NORTHERN TRUST CORP	+7,346	57,141

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Mega GOLDMAN SACHS GROUP INC	−19,971	51,585
Mid RITHOLTZ WEALTH MANAGEMENT	−7,970	104,618
Mega UBS Group AG	−7,226	8,059
Mega RAYMOND JAMES FINANCIAL INC	−6,099	292,853
Large JACOBS LEVY EQUITY MANAGEMENT, INC	−3,605	33,387

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Mid Oak Grove Capital LLC	27,000	$418,500
Mid BRIDGEWAY CAPITAL MANAGEMENT, LLC	18,400	$285,200
Mid OPPENHEIMER & CO INC	17,357	$269,033
Mega CITADEL ADVISORS LLC	13,800	$213,900
Mega Nuveen, LLC	12,716	$197,097

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Mega MILLENNIUM MANAGEMENT LLC	102,222	$1,376,930
Mega TWO SIGMA INVESTMENTS, LP	11,991	$161,518
Mid PFG Investments, LLC	11,299	$152,197
Mega SG Americas Securities, LLC	7,948	$107,059
Mid Strategic Wealth Partners, Ltd.	6,185	$83,311

Filter: New 8 Increased 33 Reduced 20 Sold out 16 Unchanged 17

Showing 78 of 78

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

NEXPOINT ASSET MANAGEMENT, L.P.

$146,314,342

73.12%

9,439,635

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
NexPoint Advisors, L.P.	3,728,855	$57,797,252	39.5%	Other
Held directly	5,710,780	$88,517,090	60.5%	Sole

BlackRock, Inc.

$9,676,260

4.84%

624,275

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BLACKROCK FINANCIAL MANAGEMENT INC/DE	9,459	$146,614	1.5%	Sole
BlackRock Investment Management, LLC	27,609	$427,939	4.4%	Sole
BLACKROCK ADVISORS LLC	17,915	$277,682	2.9%	Sole
BlackRock Fund Advisors	421,270	$6,529,685	67.5%	Sole
BlackRock Institutional Trust Company, N.A.	146,319	$2,267,944	23.4%	Sole
Aperio Group, LLC	1,703	$26,396	0.3%	Sole

VANGUARD CAPITAL MANAGEMENT LLC

$5,368,006

2.68%

346,323

RAYMOND JAMES FINANCIAL INC

$4,539,221

2.27%

292,853

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RAYMOND JAMES & ASSOCIATES	245,383	$3,803,436	83.8%	Defined
Raymond James Financial Services Advisors, Inc.	47,470	$735,785	16.2%	Defined

INDEPENDENT FINANCIAL GROUP, LLC

$4,355,655

2.18%

281,010

MORGAN STANLEY

$3,023,537

1.51%

195,067

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY & CO. LLC	2,582	$40,021	1.3%	Defined
MORGAN STANLEY CAPITAL SERVICES, LLC	9,053	$140,321	4.6%	Defined
MORGAN STANLEY SMITH BARNEY LLC	164,324	$2,547,022	84.2%	Defined
PARAMETRIC PORTFOLIO ASSOCIATES LLC	19,108	$296,173	9.8%	Defined

GEODE CAPITAL MANAGEMENT, LLC

$2,831,508

1.41%

182,678

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GEODE CAPITAL MANAGEMENT TRUST COMPANY, LLC	25,607	$396,908	14.0%	Defined
Held directly	157,071	$2,434,600	86.0%	Defined

STATE STREET CORP

$2,687,111

1.34%

173,362

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STATE STREET GLOBAL ADVISORS EUROPE LIMITED joint	173,362	$2,687,111	100.0%	Defined

O'SHAUGHNESSY ASSET MANAGEMENT, LLC

$2,407,584

1.20%

155,328

Copley Financial Group, Inc.

$1,714,098

0.86%

110,587

RITHOLTZ WEALTH MANAGEMENT

$1,621,579

0.81%

104,618

Penserra Capital Management LLC

$1,251,346

0.63%

80,732

1776 Wealth LLC

$1,122,184

0.56%

72,399

WEDBUSH SECURITIES INC

$931,813

0.47%

60,117

NORTHERN TRUST CORP

$885,685

0.44%

57,141

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
NORTHERN TRUST CO joint	55,949	$867,209	97.9%	Defined
DWS INVESTMENT MANAGEMENT AMERICAS, INC joint	1,192	$18,476	2.1%	Other

GOLDMAN SACHS GROUP INC

$799,567

0.40%

51,585

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS ASSET MANAGEMENT, L.P.	51,585	$799,567	100.0%	Defined

LPL Financial LLC

$780,146

0.39%

50,332

VANGUARD PORTFOLIO MANAGEMENT LLC

$749,177

0.37%

48,334

Cetera Investment Advisers

$646,691

0.32%

41,722

VANGUARD FIDUCIARY TRUST CO

$638,197

0.32%

41,174

Morey & Quinn Wealth Partners, LLC

$566,711

0.28%

36,562

JACOBS LEVY EQUITY MANAGEMENT, INC

$517,498

0.26%

33,387

HighTower Advisors, LLC

$502,401

0.25%

32,413

Russell Investments Group, Ltd.

$497,162

0.25%

32,075

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Russell Investment Management, LLC	32,075	$497,162	100.0%	Defined

Oak Grove Capital LLC

$418,500

0.21%

27,000

Concorde Asset Management, LLC

$402,225

0.20%

25,950

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

$366,110

0.18%

23,620

BANK OF AMERICA CORP /DE/

$363,397

0.18%

23,445

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BANK OF AMERICA NA	23,445	$363,397	100.0%	Defined

Navis Wealth Advisors, LLC

$322,694

0.16%

20,819

BRIDGEWAY CAPITAL MANAGEMENT, LLC

$285,200

0.14%

18,400

Bank of New York Mellon Corp

$271,079

0.14%

17,489

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Mellon Investments Corporation	6,390	$99,045	36.5%	Defined
The Bank of New York Mellon	11,097	$172,003	63.5%	Defined
Held directly	2	$31	0.0%	Defined

OPPENHEIMER & CO INC

$269,033

0.13%

17,357

ALLIANCEBERNSTEIN L.P.

$239,320

0.12%

15,440

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Equitable Holdings, Inc.	15,440	$239,320	100.0%	Defined

OSAIC HOLDINGS, INC.

$230,640

0.12%

14,880

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	14,880	$230,640	100.0%	Defined

CITADEL ADVISORS LLC

$213,900

0.11%

13,800

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	13,800	$213,900	100.0%	Defined

Nuveen, LLC

$197,097

0.10%

12,716

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Nuveen Asset Management, LLC joint	1,499	$23,234	11.8%	Defined
TEACHERS ADVISORS, LLC joint	11,217	$173,863	88.2%	Defined

Callan Family Office, LLC

$189,379

0.09%

12,218

BARCLAYS PLC

$185,829

0.09%

11,989

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BARCLAYS BANK PLC	11,710	$181,505	97.7%	Defined
BARCLAYS CAPITAL INC.	279	$4,324	2.3%	Defined

Invesco Ltd.

$165,756

0.08%

10,694

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Invesco Advisers, Inc. joint	817	$12,663	7.6%	Defined
Invesco Trust Co joint	2,873	$44,531	26.9%	Defined
Invesco Capital Management LLC	7,004	$108,562	65.5%	Defined

AMERIPRISE FINANCIAL INC

$157,185

0.08%

10,141

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Columbia Management Investment Advisers, LLC	10,141	$157,185	100.0%	Defined

AQR CAPITAL MANAGEMENT LLC

$156,362

0.08%

10,088

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RF&L WEALTH MANAGEMENT, LLC	2	$31	0.0%	Other
Prism Planning Partners LLC	1	$15	0.0%	Other
Compound Planning, Inc.	1	$15	0.0%	Other
Arax Advisory Partners	256	$3,968	2.5%	Other
HALBERT HARGROVE GLOBAL ADVISORS, LLC	46	$713	0.5%	Other
Stokes Family Office, LLC	79	$1,224	0.8%	Other
Held directly	9,703	$150,396	96.2%	Defined

RHUMBLINE ADVISERS

$156,131

0.08%

10,073

UBS Group AG

$124,914

0.06%

8,059

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Financial Services Inc	2,722	$42,191	33.8%	Defined
UBS AG	5,337	$82,723	66.2%	Defined

DEUTSCHE BANK AG\

$108,515

0.05%

7,001

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
DWS Investments UK Ltd	7,001	$108,515	100.0%	Defined

Daytona Street Capital LLC

$108,500

0.05%

7,000

WELLS FARGO & COMPANY/MN

$104,763

0.05%

6,759

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO BANK N A	6,011	$93,170	88.9%	Defined
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	7	$108	0.1%	Defined
WELLS FARGO CLEARING SERVICES, LLC	701	$10,865	10.4%	Defined
WELLS FARGO INVESTMENT INSTITUTE, INC.	40	$620	0.6%	Defined

PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO

$90,210

0.05%

5,820

NEW YORK STATE COMMON RETIREMENT FUND

$84,754

0.04%

5,468

BNP PARIBAS ARBITRAGE, SA

$75,361

0.04%

4,862

CITIGROUP INC

$58,094

0.03%

3,748

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citigroup Financial Products Inc. joint	3,748	$58,094	100.0%	Defined

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

$51,227

0.03%

3,305

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Global X Management CO LLC joint	3,305	$51,227	100.0%	Defined

Vanguard Global Advisers, LLC

$51,010

0.03%

3,291

JPMORGAN CHASE & CO

$49,119

0.02%

3,169

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
JPMorgan Chase Bank, N.A.	2,976	$46,128	93.9%	Defined
J.P. Morgan Securities plc	193	$2,991	6.1%	Defined

UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

$29,217

0.01%

1,885

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Group AG	1,885	$29,217	100.0%	Defined

Police & Firemen's Retirement System of New Jersey

$28,613

0.01%

1,846

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Mellon Capital	1,846	$28,613	100.0%	Defined

STRS OHIO

$26,350

0.01%

1,700

ROYAL BANK OF CANADA

$24,660

0.01%

1,591

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC CMA LTD.	319	$4,944	20.0%	Defined
RBC Capital Markets, LLC	1,272	$19,716	80.0%	Defined

NISA INVESTMENT ADVISORS, LLC

$16,073

0.01%

1,037

Tower Research Capital LLC (TRC)

$12,694

0.01%

819

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Latour Trading LLC (Latour)	819	$12,694	100.0%	Defined

Legal & General Group Plc

$11,113

0.01%

717

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Legal & General Investment Management America Inc	717	$11,113	100.0%	Defined

Ameritas Investment Partners, Inc.

$9,114

0.00%

588

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
EATON VANCE MANAGEMENT	588	$9,114	100.0%	Other

FMR LLC

$7,409

0.00%

478

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Fidelity Management & Research Co LLC	468	$7,254	97.9%	Defined
STRATEGIC ADVISERS LLC	10	$155	2.1%	Defined

JONES FINANCIAL COMPANIES LLLP

$4,650

0.00%

300

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Edward D. Jones & Co., L.P.	300	$4,650	100.0%	Sole

GAMMA Investing LLC

$3,751

0.00%

242

Arax Advisory Partners

$3,069

0.00%

198

Covestor Ltd

$2,123

0.00%

137

Sterling Capital Management LLC

$1,937

0.00%

125

EverSource Wealth Advisors, LLC

$1,937

0.00%

125

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BMSS Wesson Wealth Solutions, LLC	4	$62	3.2%	Sole
Held directly	121	$1,875	96.8%	Sole

CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM

$1,457

0.00%

MassMutual Private Wealth & Trust, FSB

$992

0.00%

PNC FINANCIAL SERVICES GROUP, INC.

$620

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
PNC Bank, National Association	40	$620	100.0%	Defined

Essential Partners LLC

$263

0.00%

Allworth Financial LP

$139

0.00%

IFP Advisors, Inc

$108

0.00%

True Wealth Design, LLC

$62

0.00%

ROTHSCHILD INVESTMENT LLC

$62

0.00%

Farther Finance Advisors, LLC

$62

0.00%

HARBOR CAPITAL ADVISORS, INC.

0.00%

228

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Acadian Inc	3,637	$48,990	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Optiver VOF	88	$1,185	100.0%	Defined

Key facts CIK 1786248 CUSIP 65342V101 13F (30d) 47 filings 47 filers Visit website Investor relations