TPG RE Finance Trust, Inc. (TRTX) — Institutional Holders, Q2 2026
154 institutional investment managers reported a TRTX position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $485.2M. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.
TRTX in Q2 2026: what funds did
Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.
Biggest buyers
- BALYASNY ASSET MANAGEMENT L.P.New · +632,035 sh+$5.3M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIPAdded · +338,899 sh+$2.8M
- GOLDMAN SACHS GROUPAdded · +315,085 sh+$2.6M
- FJ Capital ManagementNew · +249,738 sh+$2.1M
- BlackRockAdded · +226,588 sh+$1.9M
Biggest sellers
- Nan Shan Life Insurance , Ltd.Sold out · -711,605 sh-$6.0M
- GRATIA CAPITALTrimmed · -634,416 sh-$5.3M
- MILLENNIUM MANAGEMENTTrimmed · -529,552 sh-$4.4M
- TWO SIGMA INVESTMENTSTrimmed · -416,874 sh-$3.5M
- Cercano ManagementSold out · -401,607 sh-$3.4M
TRTX 13F holders ranked 1–100 of 154
| # | Institution | Shares | Value | % of portfolio | QoQShares vs Q1 2026 |
|---|---|---|---|---|---|
| 1 | Long Pond Capital#1 · 7,029,102 sh | 7,029,102 | $58.8M | 5.66% | 0.0% |
| 2 | BlackRock#2 · 6,497,688 sh | 6,497,688 | $54.4M | <0.01% | +3.6% |
| 3 | VANGUARD CAPITAL MANAGEMENT#3 · 3,352,835 sh | 3,352,835 | $28.1M | <0.01% | +4.0% |
| 4 | MIRAE ASSET GLOBAL ETFS Ltd.#4 · 3,286,960 sh | 3,286,960 | $27.5M | 0.03% | +3.3% |
| 5 | State of New Jersey Common Pension Fund A#5 · 3,149,148 sh | 3,149,148 | $26.4M | 11.80% | 0.0% |
| 6 | TPG GP A#6 · 2,392,863 sh | 2,392,863 | $20.0M | 0.40% | 0.0% |
| 7 | GRATIA CAPITAL#7 · 2,067,333 sh | 2,067,333 | $17.3M | 10.46% | -23.5% |
| 8 | GEODE CAPITAL MANAGEMENT#8 · 1,955,268 sh | 1,955,268 | $16.4M | <0.01% | +6.1% |
| 9 | STATE STREET#9 · 1,836,490 sh | 1,836,490 | $15.8M | <0.01% | -3.2% |
| 10 | GOLDMAN SACHS GROUP#10 · 1,516,270 sh | 1,516,270 | $12.7M | <0.01% | +26.2% |
| 11 | TWO SIGMA INVESTMENTS#11 · 1,458,255 sh | 1,458,255 | $12.2M | <0.01% | -22.2% |
| 12 | Qube Research & Technologies Ltd#12 · 1,284,388 sh | 1,284,388 | $10.8M | 0.01% | -20.4% |
| 13 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP#13 · 1,268,465 sh | 1,268,465 | $10.6M | <0.01% | +36.5% |
| 14 | CITIGROUP#14 · 1,194,111 sh | 1,194,111 | $10.0M | <0.01% | +0.3% |
| 15 | MORGAN STANLEY#15 · 1,186,018 sh | 1,186,018 | $9.9M | <0.01% | +22.7% |
| 16 | One William Street Capital Management, L.P.#16 · 1,070,000 sh | 1,070,000 | $9.0M | 3.69% | 0.0% |
| 17 | CHARLES SCHWAB INVESTMENT MANAGEMENT#17 · 1,062,115 sh | 1,062,115 | $8.9M | <0.01% | -6.4% |
| 18 | FMR#18 · 861,520 sh | 861,520 | $7.2M | <0.01% | +19.7% |
| 19 | VAN ECK ASSOCIATES#19 · 816,098 sh | 816,098 | $6.8M | <0.01% | +9.3% |
| 20 | NORTHERN#20 · 746,004 sh | 746,004 | $6.2M | <0.01% | +11.0% |
| 21 | DIMENSION CAPITAL MANAGEMENT#21 · 724,317 sh | 724,317 | $6.1M | 0.71% | +0.5% |
| 22 | WELLINGTON MANAGEMENT GROUP LLP#22 · 712,440 sh | 712,440 | $6.0M | <0.01% | -0.2% |
| 23 | JPMORGAN CHASE#23 · 680,786 sh | 680,786 | $5.8M | <0.01% | +49.3% |
| 24 | UBS Group AG#24 · 684,218 sh | 684,218 | $5.7M | <0.01% | +14.9% |
| 25 | BALYASNY ASSET MANAGEMENT L.P.#25 · 632,035 sh | 632,035 | $5.3M | <0.01% | New |
| 26 | CONDOR CAPITAL MANAGEMENT#26 · 624,405 sh | 624,405 | $5.2M | 0.39% | -1.1% |
| 27 | VANGUARD PORTFOLIO MANAGEMENT#27 · 590,988 sh | 590,988 | $4.9M | <0.01% | +11.2% |
| 28 | Q Global Advisors#28 · 589,903 sh | 589,903 | $4.9M | 3.15% | 0.0% |
| 29 | FRANKLIN RESOURCES#29 · 576,708 sh | 576,708 | $4.8M | <0.01% | +12.4% |
| 30 | VANGUARD FIDUCIARY#30 · 503,056 sh | 503,056 | $4.2M | <0.01% | -0.4% |
| 31 | Focus Partners Wealth#31 · 467,885 sh | 467,885 | $3.9M | <0.01% | -1.4% |
| 32 | Almitas Capital#32 · 362,684 sh | 362,684 | $3.0M | 0.73% | +10.6% |
| 33 | Solel Partners#33 · 349,838 sh | 349,838 | $2.9M | 0.50% | -35.3% |
| 34 | Nokomis Capital, L.L.C.#34 · 312,898 sh | 312,898 | $2.6M | 0.88% | 0.0% |
| 35 | NORGES BANK#35 · 288,800 sh | 288,800 | $2.4M | <0.01% | — |
| 36 | BANK OF AMERICA#36 · 270,651 sh | 270,651 | $2.3M | <0.01% | +4.6% |
| 37 | ALLIANCEBERNSTEIN L.P.#37 · 286,670 sh | 286,670 | $2.2M | <0.01% | +4.9% |
| 38 | FJ Capital Management#38 · 249,738 sh | 249,738 | $2.1M | 0.27% | New |
| 39 | BARCLAYS PLC#39 · 219,245 sh | 219,245 | $1.8M | <0.01% | +191.9% |
| 40 | Bank of New York Mellon#40 · 211,233 sh | 211,233 | $1.8M | <0.01% | +6.5% |
| 41 | AQR CAPITAL MANAGEMENT#41 · 184,234 sh | 184,234 | $1.5M | <0.01% | +95.9% |
| 42 | Bracebridge Capital#42 · 182,157 sh | 182,157 | $1.5M | 0.03% | 0.0% |
| 43 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#43 · 180,941 sh | 180,941 | $1.5M | <0.01% | +0.2% |
| 44 | JUPITER ASSET MANAGEMENT LTD#44 · 166,089 sh | 166,089 | $1.4M | <0.01% | New |
| 45 | Penserra Capital Management#45 · 148,058 sh | 148,058 | $1.2M | <0.01% | +10.9% |
| 46 | XTX Topco Ltd#46 · 143,371 sh | 143,371 | $1.2M | 0.02% | +51.2% |
| 47 | Nuveen#47 · 142,509 sh | 142,509 | $1.2M | <0.01% | 0.0% |
| 48 | Swiss National Bank#48 · 141,500 sh | 141,500 | $1.2M | <0.01% | +1.4% |
| 49 | MILLENNIUM MANAGEMENT#49 · 138,237 sh | 138,237 | $1.2M | <0.01% | -79.3% |
| 50 | Invesco Ltd.#50 · 132,222 sh | 132,222 | $1.1M | <0.01% | -10.1% |
| 51 | STATE OF WISCONSIN INVESTMENT BOARD#51 · 130,494 sh | 130,494 | $1.1M | <0.01% | +36.8% |
| 52 | Bouchey Financial Group Ltd#52 · 126,761 sh | 126,761 | $1.1M | 0.07% | +93.2% |
| 53 | RENAISSANCE TECHNOLOGIES#53 · 130,205 sh | 130,205 | $1.1M | <0.01% | -29.8% |
| 54 | JANE STREET GROUP#54 · 127,940 sh | 127,940 | $1.1M | <0.01% | New |
| 55 | VIRGINIA RETIREMENT SYSTEMS ET Al#55 · 127,300 sh | 127,300 | $1.1M | <0.01% | +10.6% |
| 56 | JENNISON ASSOCIATES#56 · 123,535 sh | 123,535 | $1.0M | <0.01% | -27.5% |
| 57 | RAYMOND JAMES FINANCIAL#57 · 113,547 sh | 113,547 | $950.4K | <0.01% | +13.9% |
| 58 | PRICE T ROWE ASSOCIATES#58 · 113,030 sh | 113,030 | $947.0K | <0.01% | +5.6% |
| 59 | Y-Intercept (Hong Kong) Ltd#59 · 107,119 sh | 107,119 | $896.6K | — | -21.6% |
| 60 | Russell Investments Group, Ltd.#60 · 105,939 sh | 105,939 | $886.7K | <0.01% | +42.4% |
| 61 | RHUMBLINE ADVISERS#61 · 98,814 sh | 98,814 | $827.1K | <0.01% | +2.7% |
| 62 | Redhawk Wealth Advisors#62 · 97,047 sh | 97,047 | $812.3K | — | -2.6% |
| 63 | CAXTON ASSOCIATES LLP#63 · 89,418 sh | 89,418 | $748.4K | 0.01% | New |
| 64 | Atom Investors#64 · 81,456 sh | 81,456 | $681.8K | 0.06% | +159.1% |
| 65 | DEUTSCHE BANK AG\#65 · 74,296 sh | 74,296 | $621.9K | <0.01% | -7.7% |
| 66 | Schonfeld Strategic Advisors#66 · 73,683 sh | 73,683 | $616.7K | <0.01% | +2.9% |
| 67 | ROYAL BANK OF CANADA#67 · 72,771 sh | 72,771 | $609.0K | <0.01% | +10.2% |
| 68 | WELLS FARGO & COMPANY#68 · 71,631 sh | 71,631 | $599.6K | <0.01% | +98.1% |
| 69 | Caption Management#69 · 67,247 sh | 67,247 | $562.9K | <0.01% | -32.9% |
| 70 | TEACHER RETIREMENT SYSTEM OF TEXAS#70 · 66,486 sh | 66,486 | $556.5K | <0.01% | -15.9% |
| 71 | VOYA INVESTMENT MANAGEMENT#71 · 57,855 sh | 57,855 | $484.2K | <0.01% | +6.1% |
| 72 | Cerity Partners#72 · 54,983 sh | 54,983 | $460.2K | <0.01% | +1.5% |
| 73 | VANGUARD ASSET MANAGEMENT, Ltd#73 · 53,847 sh | 53,847 | $450.7K | <0.01% | 0.0% |
| 74 | Legal & General Group Plc#74 · 53,688 sh | 53,688 | $449.4K | <0.01% | +1.2% |
| 75 | MetLife Investment Management#75 · 41,473 sh | 41,473 | $347.1K | <0.01% | +30.9% |
| 76 | Quantinno Capital Management#76 · 40,742 sh | 40,742 | $341.0K | <0.01% | +107.4% |
| 77 | Engineers Gate Manager#77 · 37,600 sh | 37,600 | $314.7K | <0.01% | -49.9% |
| 78 | FEDERATED HERMES#78 · 37,123 sh | 37,123 | $310.7K | <0.01% | +49.3% |
| 79 | Zurcher Kantonalbank (Zurich Cantonalbank)#79 · 36,066 sh | 36,066 | $301.9K | <0.01% | 0.0% |
| 80 | Vanguard Global Advisers#80 · 31,255 sh | 31,255 | $261.6K | <0.01% | 0.0% |
| 81 | Creative Planning#81 · 30,045 sh | 30,045 | $251.5K | <0.01% | -11.2% |
| 82 | CANADA PENSION PLAN INVESTMENT BOARD#82 · 27,800 sh | 27,800 | $232.7K | <0.01% | 0.0% |
| 83 | FOX RUN MANAGEMENT, L.L.C.#83 · 26,575 sh | 26,575 | $222.4K | 0.04% | +84.6% |
| 84 | State of Wyoming#84 · 25,203 sh | 25,203 | $210.9K | 0.02% | -19.3% |
| 85 | VICTORY CAPITAL MANAGEMENT#85 · 22,478 sh | 22,478 | $188.1K | <0.01% | +1.1% |
| 86 | Jupiter Topco#86 · 22,444 sh | 22,444 | $187.5K | <0.01% | — |
| 87 | NEW YORK STATE COMMON RETIREMENT FUND#87 · 22,083 sh | 22,083 | $184.8K | <0.01% | +63.8% |
| 88 | Janney Montgomery Scott#88 · 19,985 sh | 19,985 | $167.0K | <0.01% | New |
| 89 | STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM#89 · 19,727 sh | 19,727 | $165.1K | <0.01% | 0.0% |
| 90 | Arizona State Retirement System#90 · 19,458 sh | 19,458 | $162.9K | <0.01% | +0.1% |
| 91 | Pine Valley Investments Ltd Liability#91 · 18,825 sh | 18,825 | $160.6K | <0.01% | -29.0% |
| 92 | Police & Firemen's Retirement System of New Jersey#92 · 18,871 sh | 18,871 | $157.9K | <0.01% | 0.0% |
| 93 | MANUFACTURERS LIFE INSURANCE COMPANY, THE#93 · 17,922 sh | 17,922 | $150.0K | <0.01% | -4.6% |
| 94 | Mariner#94 · 16,111 sh | 16,111 | $134.8K | <0.01% | +25.1% |
| 95 | Vanguard Investments Australia, Ltd.#95 · 15,702 sh | 15,702 | $131.4K | <0.01% | 0.0% |
| 96 | INTECH INVESTMENT MANAGEMENT#96 · 15,439 sh | 15,439 | $129.2K | <0.01% | -37.5% |
| 97 | IEQ CAPITAL#97 · 15,278 sh | 15,278 | $127.9K | <0.01% | New |
| 98 | KLP KAPITALFORVALTNING AS#98 · 14,900 sh | 14,900 | $127.8K | <0.01% | 0.0% |
| 99 | BNP PARIBAS FINANCIAL MARKETS#99 · 14,605 sh | 14,605 | $122.2K | 0.00% | -35.5% |
| 100 | D. E. Shaw#100 · 13,004 sh | 13,004 | $108.8K | <0.01% | New |
Funds that sold out of TRTX in Q2 2026 (17)
Held TRTX at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.
| Institution | Shares sold | Value in Q1 2026 |
|---|---|---|
| Nan Shan Life Insurance , Ltd.711,605 sh | 711,605 | $5.6M |
| Cercano Management401,607 sh | 401,607 | $3.1M |
| CITADEL ADVISORS251,870 sh | 251,870 | $2.0M |
| Golden State Equity Partners96,974 sh | 96,974 | $757.4K |
| Squarepoint Ops46,908 sh | 46,908 | $366.4K |
| LPL Financial31,321 sh | 31,321 | $244.6K |
| Empowered Funds27,778 sh | 27,778 | $216.9K |
| Dynamic Technology Lab Private Ltd25,440 sh | 25,440 | $198.7K |
| PharVision Advisers14,932 sh | 14,932 | $116.6K |
| Brevan Howard Capital Management13,128 sh | 13,128 | $102.5K |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C.10,587 sh | 10,587 | $82.7K |
| ProShare Advisors10,365 sh | 10,365 | $81.0K |
| QUADRANT CAPITAL GROUP274 sh | 274 | $50.0K |
| CENTRAL2,000 sh | 2,000 | $15.6K |
| Root Financial Partners147 sh | 147 | $1.1K |
| Annis Gardner Whiting Capital Advisors88 sh | 88 | $688.00 |
| Advisory Services Network5 sh | 5 | $39.00 |
Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.