TRTX · TPG RE Finance Trust, Inc.

$7.89 +0.04 (+0.51%) At close · Sep 4

Russell 2000 member Rebalance outlook locked

Market Cap

$606.87M

77.31M

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: 156

Total Value: $509,604,670

Total Shares: 60,884,787

Showing 1–100 of 159 holdings by value · page 1 of 2

Institutional Ownership Trend

26 quarters

Holder Concentration

Across 156 13F filers · Δ vs Mar 31, 2026

Top Holder

11.5%

+0.4 pts

Top 5

38.3%

+0.1 pts

Top 10

54.3%

−1.6 pts

HHI

441

Broadly held−2

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

Holder count: -2

Institutional value: +3.7%

Shares held: -3.2%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Mega ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	+338,899	1,268,465
Mega GOLDMAN SACHS GROUP INC	+315,085	1,516,270
Mega BlackRock, Inc.	+226,588	6,497,688
Mega JPMORGAN CHASE & CO	+224,716	680,786
Mega MORGAN STANLEY	+219,163	1,186,018

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Small GRATIA CAPITAL, LLC	−2,234,416	2,067,333
Large Caption Management, LLC	−833,021	867,247
Mega MILLENNIUM MANAGEMENT LLC	−529,552	138,237
Mega TWO SIGMA INVESTMENTS, LP	−416,874	1,458,255
Mega Qube Research & Technologies Ltd	−329,099	1,284,388

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Large Balyasny Asset Management L.P.	632,035	$5,290,132
Mega NORGES BANK	288,800	$2,417,256
Small FJ Capital Management LLC	249,738	$2,090,307
Large JUPITER ASSET MANAGEMENT LTD	166,089	$1,390,164
Mid CAXTON ASSOCIATES LLP	89,418	$748,428

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Mid Nan Shan Life Insurance Co., Ltd.	711,605	$5,557,635
Micro Ascentis Independent Advisors	96,974	$757,366
Large CWM, LLC	50,125	$391,476
Large Squarepoint Ops LLC	46,908	$366,351
Mega LPL Financial LLC	31,321	$244,617

Filter: New 16 Increased 67 Reduced 41 Sold out 18 Unchanged 32

Showing 100 of 159

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Long Pond Capital, LP

$58,833,583

11.54%

7,029,102

BlackRock, Inc.

$54,385,643

10.67%

6,497,688

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	63,787	$533,897	1.0%	Sole
BlackRock Asset Management Canada Ltd	335	$2,803	0.0%	Sole
BlackRock Investment Management, LLC	194,694	$1,629,588	3.0%	Sole
BLACKROCK ADVISORS LLC	437,860	$3,664,888	6.7%	Sole
BlackRock Fund Advisors	3,507,715	$29,359,574	54.0%	Sole
BlackRock Institutional Trust Company, N.A.	1,998,695	$16,729,077	30.8%	Sole
BlackRock Fund Managers Ltd.	8,792	$73,589	0.1%	Sole
BlackRock (Netherlands) B.V.	52,183	$436,771	0.8%	Sole
BlackRock Asset Management Ireland Ltd	62,536	$523,426	1.0%	Sole
BlackRock Asset Management Schweiz AG	5,710	$47,792	0.1%	Sole
Aperio Group, LLC	165,381	$1,384,238	2.5%	Sole

VANGUARD CAPITAL MANAGEMENT LLC

$28,063,228

5.51%

3,352,835

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

$27,511,855

5.40%

3,286,960

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	3,286,960	$27,511,855	100.0%	Defined

State of New Jersey Common Pension Fund A

$26,358,368

5.17%

3,149,148

TPG GP A, LLC

$20,028,263

3.93%

2,392,863

GRATIA CAPITAL, LLC

$17,303,577

3.40%

2,067,333

GEODE CAPITAL MANAGEMENT, LLC

$16,365,592

3.21%

1,955,268

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	282,187	$2,361,905	14.4%	Defined
Held directly	1,673,081	$14,003,687	85.6%	Defined

STATE STREET CORP

$15,371,421

3.02%

1,836,490

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	1,836,490	$15,371,421	100.0%	Defined

GOLDMAN SACHS GROUP INC

$12,691,178

2.49%

1,516,270

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

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	511,034	$4,277,354	33.7%	Defined
GOLDMAN SACHS ASSET MANAGEMENT, L.P.	973,951	$8,151,969	64.2%	Defined
Goldman Sachs Trust Company, N.A. joint	31,285	$261,855	2.1%	Other

TWO SIGMA INVESTMENTS, LP

$12,205,594

2.40%

1,458,255

Qube Research & Technologies Ltd

$10,750,327

2.11%

1,284,388

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP

$10,617,052

2.08%

1,268,465

CITIGROUP INC

$9,994,708

1.96%

1,194,111

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	1,194,111	$9,994,708	100.0%	Defined

MORGAN STANLEY

$9,926,966

1.95%

1,186,018

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

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY & CO INTERNATIONAL PLC	2,265	$18,958	0.2%	Defined
MORGAN STANLEY & CO. LLC	368,824	$3,087,056	31.1%	Defined
MORGAN STANLEY CAPITAL SERVICES, LLC	419,310	$3,509,624	35.4%	Defined
MORGAN STANLEY SMITH BARNEY LLC	337,536	$2,825,175	28.5%	Defined
PARAMETRIC PORTFOLIO ASSOCIATES LLC	58,083	$486,153	4.9%	Defined

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$9,414,576

1.85%

1,124,800

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

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	1,124,800	$9,414,576	100.0%	Other

One William Street Capital Management, L.P.

$8,955,900

1.76%

1,070,000

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

$8,889,902

1.74%

1,062,115

FMR LLC

$7,210,921

1.42%

861,520

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	860,740	$7,204,393	99.9%	Defined
STRATEGIC ADVISERS LLC	780	$6,528	0.1%	Defined

VAN ECK ASSOCIATES CORP

$6,830,740

1.34%

816,098

Caption Management, LLC

$6,696,000

1.31%

800,000

NORTHERN TRUST CORP

$6,244,052

1.23%

746,004

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	679,796	$5,689,892	91.1%	Defined
NORTHERN TRUST GLOBAL INVESTMENTS LTD	55,069	$460,927	7.4%	Defined
DWS INVESTMENT MANAGEMENT AMERICAS, INC joint	11,139	$93,233	1.5%	Other

DIMENSION CAPITAL MANAGEMENT LLC

$6,062,533

1.19%

724,317

WELLINGTON MANAGEMENT GROUP LLP

$5,963,121

1.17%

712,440

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

Manager	Shares	Value (USD)	% of position	Discretion
Wellington Management Company LLP	412,004	$3,448,473	57.8%	Defined
Wellington Management Singapore Pte. Ltd.	92,077	$770,684	12.9%	Defined
Wellington Trust Company, NA joint	208,359	$1,743,964	29.2%	Defined

UBS Group AG

$5,726,903

1.12%

684,218

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	26,061	$218,130	3.8%	Defined
UBS AG	613,344	$5,133,689	89.6%	Defined
UBS Switzerland AG	12,713	$106,407	1.9%	Defined
UBS Europe SE	32,100	$268,677	4.7%	Defined

JPMORGAN CHASE & CO

$5,698,177

1.12%

680,786

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.	68,656	$574,650	10.1%	Defined
J.P. Morgan Investment Management Inc.	557,155	$4,663,387	81.8%	Defined
J.P. Morgan Securities LLC	54,847	$459,069	8.1%	Defined
J.P. Morgan Securities plc	103	$862	0.0%	Defined
55I, LLC	25	$209	0.0%	Other

Balyasny Asset Management L.P.

$5,290,132

1.04%

632,035

CONDOR CAPITAL MANAGEMENT

$5,226,269

1.03%

624,405

VANGUARD PORTFOLIO MANAGEMENT LLC

$4,946,569

0.97%

590,988

Q Global Advisors, LLC

$4,937,488

0.97%

589,903

FRANKLIN RESOURCES INC

$4,827,044

0.95%

576,708

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

Manager	Shares	Value (USD)	% of position	Discretion
FIDUCIARY TRUST INTERNATIONAL LLC	81	$677	0.0%	Defined
FRANKLIN ADVISERS INC	57,541	$481,618	10.0%	Defined
FRANKLIN ADVISORY SERVICES LLC	4,914	$41,130	0.9%	Defined
PUTNAM INVESTMENT MANAGEMENT LLC	514,172	$4,303,619	89.2%	Defined

VANGUARD FIDUCIARY TRUST CO

$4,210,578

0.83%

503,056

WELLS FARGO & COMPANY/MN

$4,185,000

0.82%

500,000

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

Manager	Shares	Value (USD)	% of position	Discretion
Wells Fargo Securities, LLC	500,000	$4,185,000	100.0%	Defined

Focus Partners Wealth

$3,916,197

0.77%

467,885

Cercano Management LLC

$3,361,450

0.66%

401,607

Almitas Capital LLC

$3,035,665

0.60%

362,684

Solel Partners LP

$2,928,144

0.57%

349,838

Nokomis Capital, L.L.C.

$2,618,956

0.51%

312,898

NORGES BANK

$2,417,256

0.47%

288,800

ALLIANCEBERNSTEIN L.P.

$2,399,427

0.47%

286,670

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

Manager	Shares	Value (USD)	% of position	Discretion
Equitable Holdings, Inc.	286,670	$2,399,427	100.0%	Defined

BANK OF AMERICA CORP /DE/

$2,265,348

0.44%

270,651

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	218,922	$1,832,377	80.9%	Defined
BOFA SECURITIES, INC.	51,729	$432,971	19.1%	Defined

FJ Capital Management LLC

$2,090,307

0.41%

249,738

BARCLAYS PLC

$1,835,080

0.36%

219,245

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

Manager	Shares	Value (USD)	% of position	Discretion
BARCLAYS BANK PLC	217,952	$1,824,258	99.4%	Defined
BARCLAYS CAPITAL INC.	1,293	$10,822	0.6%	Defined

Bank of New York Mellon Corp

$1,768,018

0.35%

211,233

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

Manager	Shares	Value (USD)	% of position	Discretion
Mellon Investments Corporation	81,990	$686,256	38.8%	Defined
The Bank of New York Mellon	125,233	$1,048,200	59.3%	Defined
BNY Mellon Advisors, Inc. joint	4,008	$33,546	1.9%	Other
Held directly	2	$16	0.0%	Defined

AQR CAPITAL MANAGEMENT LLC

$1,542,036

0.30%

184,234

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	20	$167	0.0%	Other
Prism Planning Partners LLC	104	$870	0.1%	Other
Arax Advisory Partners	1,265	$10,588	0.7%	Other
HALBERT HARGROVE GLOBAL ADVISORS, LLC	857	$7,173	0.5%	Other
Stokes Family Office, LLC	56	$468	0.0%	Other
Held directly	181,932	$1,522,770	98.8%	Defined

Bracebridge Capital, LLC

$1,524,654

0.30%

182,157

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

$1,514,474

0.30%

180,941

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

Manager	Shares	Value (USD)	% of position	Discretion
UBS Group AG	7,719	$64,608	4.3%	Defined
UBS Asset Management Switzerland AG	160,241	$1,341,216	88.6%	Defined
Held directly	12,981	$108,650	7.2%	Defined

JUPITER ASSET MANAGEMENT LTD

$1,390,164

0.27%

166,089

Penserra Capital Management LLC

$1,239,245

0.24%

148,058

XTX Topco Ltd

$1,200,015

0.24%

143,371

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

Manager	Shares	Value (USD)	% of position	Discretion
XTX EXECUTION SERVICES LLC joint	143,371	$1,200,015	100.0%	Defined

Nuveen, LLC

$1,192,799

0.23%

142,509

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	7,439	$62,264	5.2%	Defined
TEACHERS ADVISORS, LLC joint	135,070	$1,130,535	94.8%	Defined

Swiss National Bank

$1,184,355

0.23%

141,500

MILLENNIUM MANAGEMENT LLC

$1,157,043

0.23%

138,237

Invesco Ltd.

$1,106,696

0.22%

132,222

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	9,491	$79,439	7.2%	Defined
Invesco Trust Co joint	27,689	$231,756	20.9%	Defined
Invesco Capital Management LLC	95,042	$795,501	71.9%	Defined

STATE OF WISCONSIN INVESTMENT BOARD

$1,092,234

0.21%

130,494

RENAISSANCE TECHNOLOGIES LLC

$1,089,815

0.21%

130,205

JANE STREET GROUP, LLC

$1,070,857

0.21%

127,940

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

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	127,940	$1,070,857	100.0%	Defined

VIRGINIA RETIREMENT SYSTEMS ET Al

$1,065,501

0.21%

127,300

Bouchey Financial Group Ltd

$1,060,989

0.21%

126,761

JENNISON ASSOCIATES LLC

$1,033,987

0.20%

123,535

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

Manager	Shares	Value (USD)	% of position	Discretion
Prudential Financial Inc	123,535	$1,033,987	100.0%	Defined

RAYMOND JAMES FINANCIAL INC

$950,387

0.19%

113,547

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

Manager	Shares	Value (USD)	% of position	Discretion
RAYMOND JAMES & ASSOCIATES	67,158	$562,112	59.1%	Defined
Raymond James Financial Services Advisors, Inc.	46,389	$388,275	40.9%	Defined

PRICE T ROWE ASSOCIATES INC /MD/

$946,061

0.19%

113,030

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

Manager	Shares	Value (USD)	% of position	Discretion
T. Rowe Price International Ltd	113,030	$946,061	100.0%	Defined

Y-Intercept (Hong Kong) Ltd

$896,586

0.18%

107,119

Russell Investments Group, Ltd.

$886,708

0.17%

105,939

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	37,458	$313,523	35.4%	Defined
Russell Investments Limited	68,481	$573,185	64.6%	Defined

RHUMBLINE ADVISERS

$827,073

0.16%

98,814

Redhawk Wealth Advisors, Inc.

$812,283

0.16%

97,047

CAXTON ASSOCIATES LLP

$748,428

0.15%

89,418

Atom Investors LP

$681,786

0.13%

81,456

DEUTSCHE BANK AG\

$621,857

0.12%

74,296

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	74,296	$621,857	100.0%	Defined

Schonfeld Strategic Advisors LLC

$616,726

0.12%

73,683

ROYAL BANK OF CANADA

$609,092

0.12%

72,771

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

Manager	Shares	Value (USD)	% of position	Discretion
RBC CMA LTD.	2,149	$17,987	3.0%	Defined
RBC Capital Markets, LLC	69,788	$584,125	95.9%	Defined
RBC Dominion Securities Inc.	834	$6,980	1.1%	Defined

WELLS FARGO & COMPANY/MN

$599,550

0.12%

71,631

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	59,583	$498,709	83.2%	Defined
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	712	$5,959	1.0%	Defined
WELLS FARGO CLEARING SERVICES, LLC	11,336	$94,882	15.8%	Defined

CITADEL ADVISORS LLC

$578,367

0.11%

69,100

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	69,100	$578,367	100.0%	Defined

Caption Management, LLC

$562,857

0.11%

67,247

TEACHER RETIREMENT SYSTEM OF TEXAS

$556,487

0.11%

66,486

CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM

$540,434

0.11%

64,568

VOYA INVESTMENT MANAGEMENT LLC

$484,246

0.10%

57,855

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

Manager	Shares	Value (USD)	% of position	Discretion
Voya Investment Management Co. LLC joint	57,855	$484,246	100.0%	Defined

Cerity Partners LLC

$460,207

0.09%

54,983

VANGUARD ASSET MANAGEMENT, Ltd

$450,699

0.09%

53,847

Legal & General Group Plc

$449,367

0.09%

53,688

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	6,976	$58,389	13.0%	Defined
Legal & General Investment Management Ltd joint	46,712	$390,978	87.0%	Defined

MetLife Investment Management, LLC

$347,129

0.07%

41,473

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

Manager	Shares	Value (USD)	% of position	Discretion
METLIFE INC	41,473	$347,129	100.0%	Defined

Quantinno Capital Management LP

$341,010

0.07%

40,742

Engineers Gate Manager LP

$314,712

0.06%

37,600

FEDERATED HERMES, INC.

$310,719

0.06%

37,123

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

Manager	Shares	Value (USD)	% of position	Discretion
FEDERATED MDTA LLC	37,123	$310,719	100.0%	Defined

Zurcher Kantonalbank (Zurich Cantonalbank)

$301,872

0.06%

36,066

Vanguard Global Advisers, LLC

$261,604

0.05%

31,255

Creative Planning

$251,476

0.05%

30,045

CANADA PENSION PLAN INVESTMENT BOARD

$232,686

0.05%

27,800

FOX RUN MANAGEMENT, L.L.C.

$222,432

0.04%

26,575

State of Wyoming

$210,949

0.04%

25,203

VICTORY CAPITAL MANAGEMENT INC

$188,140

0.04%

22,478

Jupiter Topco LLC

$187,856

0.04%

22,444

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

Manager	Shares	Value (USD)	% of position	Discretion
JANUS HENDERSON INVESTORS UK Ltd	22,444	$187,856	100.0%	Defined

NEW YORK STATE COMMON RETIREMENT FUND

$184,834

0.04%

22,083

Janney Montgomery Scott LLC

$167,274

0.03%

19,985

STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM

$165,114

0.03%

19,727

ARIZONA STATE RETIREMENT SYSTEM

$162,863

0.03%

19,458

Police & Firemen's Retirement System of New Jersey

$157,950

0.03%

18,871

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

Manager	Shares	Value (USD)	% of position	Discretion
Mellon Capital	18,871	$157,950	100.0%	Defined

Pine Valley Investments Ltd Liability Co

$157,565

0.03%

18,825

MANUFACTURERS LIFE INSURANCE COMPANY, THE

$150,007

0.03%

17,922

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

Manager	Shares	Value (USD)	% of position	Discretion
MANULIFE FINANCIAL CORP joint	17,922	$150,007	100.0%	Defined

Mariner, LLC

$134,849

0.03%

16,111

Key facts CIK 1630472 CUSIP 87266M107 13F (30d) 131 filings 128 filers Visit website Investor relations