Who Owns TPG RE Finance Trust, Inc. (TRTX)?Hedge Fund & Institutional Holders

$7.96-0.14 (-1.73%)Real EstateNYSE

Institutional Holders

50

as of Q4 2025

Total Institutional Value

$InfinityT

% of Float Held

1.0240449614303218e+297%

QoQ Change in Holders

+7 / -3

Price History

$6.80$7.53$8.26$8.99$9.72Sep 24Jun 25Mar 26

TRTX — Biggest New Institutional Buyers This Quarter

FundActionShares AddedValue Added
State of New Jersey Common Pension Fund ANew Position+3.1M+$27.1B
FMR LLCIncreased+106K+$4.0B
Caption Management, LLCNew Position+422K+$3.6B
Focus Partners WealthNew Position+460K+$3.0B
MILLENNIUM MANAGEMENT LLCIncreased+345K+$2.9B
TWO SIGMA ADVISERS, LPIncreased+237K+$1.6B
Long Pond Capital, LPIncreased+134K+$1.5B
UBS Group AGIncreased+116K+$1.0B
TWO SIGMA INVESTMENTS, LPIncreased+188K+$1.0B
CITADEL ADVISORS LLCNew Position+158K+$1.0B
TEACHER RETIREMENT SYSTEM OF TEXASNew Position+106K+$909.0M
Golden State Equity PartnersNew Position+99K+$853.0M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.Increased+121K+$602.3M
VIRGINIA RETIREMENT SYSTEMS ET AlNew Position+53K+$458.0M
CHARLES SCHWAB INVESTMENT MANAGEMENT INCIncreased+123K+$446.4M

TRTX — Institutions Reducing or Closing Positions

FundActionShares SoldValue Sold
GOLDMAN SACHS GROUP INCDecreased-600K-$6.6B
Kovitz Investment Group Partners, LLCClosed Position-383K-$3.3B
JPMORGAN CHASE & CODecreased-97K-$2.5B
NORTHERN TRUST CORPDecreased-68K-$1.9B
RAYMOND JAMES FINANCIAL INCDecreased-43K-$1.4B
CAXTON ASSOCIATES LLPClosed Position-152K-$1.3B
RENAISSANCE TECHNOLOGIES LLCDecreased-44K-$1.2B
WELLS FARGO & COMPANY/MNDecreased-35K-$1.1B
GRATIA CAPITAL, LLCDecreased-127K-$990.2M
RHUMBLINE ADVISERSDecreased-12K-$955.2M
Cubist Systematic Strategies, LLCClosed Position-86K-$737.4M
FRANKLIN RESOURCES INCDecreased-35K-$688.6M
CITIGROUP INCDecreased-34K-$614.0M
Point72 Asset Management, L.P.Decreased-20K-$389.3M
Invesco Ltd.Decreased-35K-$290.8M

Top Institutional Holders(Q4 2025)

#FundSharesValue% of PortfolioType
1Long Pond Capital, LP7,032,626$60.5B7.11%Share
2State of New Jersey Common Pension Fund A3,149,148$27.1B10.04%Share
3Nan Shan Life Insurance Co., Ltd.2,821,091$24.3B0.75%Share
4GOLDMAN SACHS GROUP INC2,882,003$24.0B2.96%Share
5CITADEL ADVISORS LLC2,420,800$20.0B3.00%Call
6GRATIA CAPITAL, LLC1,725,571$14.9B11.08%Share
7MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.1,686,372$14.0B20.94%Share
8TWO SIGMA ADVISERS, LP1,446,300$12.0B23.33%Share
9Caption Management, LLC1,200,000$10.3B70.85%Call
10CHARLES SCHWAB INVESTMENT MANAGEMENT INC1,121,867$9.0B1.40%Share
11CITIGROUP INC1,087,586$9.0B3.97%Share
12TWO SIGMA INVESTMENTS, LP1,121,137$9.0B12.69%Share
13GOLDMAN SACHS GROUP INC884,963$7.0B0.86%Share
14WELLS FARGO & COMPANY/MN700,000$6.0B1.09%Call
15CONDOR CAPITAL MANAGEMENT646,943$5.6B0.45%Share
16NORTHERN TRUST CORP507,623$4.0B0.51%Share
17FMR LLC515,468$4.0B0.20%Share
18ARROWSTREET CAPITAL, LIMITED PARTNERSHIP579,546$4.0B2.34%Share
19Caption Management, LLC421,783$3.6B24.90%Share
20Nokomis Capital, L.L.C.389,074$3.3B0.79%Share
21Focus Partners Wealth460,342$3.0B3.42%Share
22MILLENNIUM MANAGEMENT LLC358,749$3.0B1.26%Share
23WELLINGTON MANAGEMENT GROUP LLP411,510$3.0B0.53%Share
24JPMORGAN CHASE & CO390,011$3.0B0.19%Share
25GRATIA CAPITAL, LLC305,797$2.6B1.96%Share
26UBS Group AG280,631$2.4B0.39%Share
27ALLIANCEBERNSTEIN L.P.289,530$2.0B0.63%Share
28BANK OF AMERICA CORP /DE/261,701$2.0B0.15%Share
29SUSQUEHANNA INTERNATIONAL GROUP, LLP261,700$2.0B0.23%Call
30UBS Group AG165,800$1.4B0.23%Share
31BARCLAYS PLC146,908$1.0B0.24%Share
32RENAISSANCE TECHNOLOGIES LLC215,605$1.0B1.55%Share
33Nuveen, LLC134,262$1.0B0.26%Share
34WELLINGTON MANAGEMENT GROUP LLP212,677$1.0B0.18%Share
35Swiss National Bank139,600$1.0B0.60%Share
36PEAK6 LLC126,400$1.0B1.86%Put
37CITADEL ADVISORS LLC158,484$1.0B0.15%Share
38Bracebridge Capital, LLC182,157$1.0B0.03%Share
39TEACHER RETIREMENT SYSTEM OF TEXAS105,686$909.0M3.14%Share
40Invesco Ltd.105,225$905.0M0.14%Share
41IMC-Chicago, LLC101,000$869.0M0.32%Call
42Golden State Equity Partners99,079$853.0M0.14%Share
43HSBC HOLDINGS PLC75,723$652.0M0.37%Share
44VIRGINIA RETIREMENT SYSTEMS ET Al53,200$458.0M2.72%Share
45State of Wyoming38,174$328.0M0.04%Share
46Zurcher Kantonalbank (Zurich Cantonalbank)36,066$310.0M0.67%Share
47Universal- Beteiligungs- und Servicegesellschaft mbH35,415$304.0M0.49%Share
48Shade Tree Advisors LLC32,794$282.0M0.21%Share
49Invesco Ltd.27,689$238.0M0.04%Share
50GROUP ONE TRADING LLC24,600$211.0M0.37%Call

TRTX Institutional Ownership History

QuarterHoldersTotal ValueChange
Q4 2025151$271.1B+40
Q3 2025111$285.0B-3
Q2 2025114$206.5B-34
Q1 2025148$370.0B-2
Q4 2024150$287.2B+17
Q3 2024133$70.1T+16
Q2 2024117$69.4T+14
Q1 2024103$284.5T—

Similar Stocks by Institutional Ownership

WELL

Welltower Inc.

PLD

Prologis, Inc.

EQIX

Equinix, Inc.

AMT

American Tower Corporation

DLR

Digital Realty Trust, Inc.

SPG

Simon Property Group, Inc.

O

Realty Income Corporation

RCB

Ready Capital Corporation 6.20% Senior Notes due 2026

As of Q4 2025, 50 institutional investors hold TRTX (TPG RE Finance Trust, Inc.). The largest holder is Long Pond Capital, LP with $60.5B in shares. This quarter, 7 institutions opened new positions and 3 closed their positions.

Frequently Asked Questions

How many hedge funds own TRTX?

As of Q4 2025, 50 institutional investors report holding TRTX (TPG RE Finance Trust, Inc.) in their 13F filings.

Who is the largest institutional holder of TRTX?

The largest institutional holder of TRTX is Long Pond Capital, LP with $60.5B in shares.

Is institutional ownership of TRTX increasing or decreasing?

This quarter, 7 institutions opened new positions in TRTX and 3 closed their positions.