TPG RE Finance Trust
TRTX
154 hedge funds and large institutions have $489M invested in TPG RE Finance Trust in 2026 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 66 increasing their positions, 40 reducing their positions, and 16 closing their positions.
266,418% more call options, than puts
Call options by funds: $29.3M | Put options by funds: $11K
65% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 40
8% more capital invested
Capital invested by funds: $452M → $489M (+$37.1M)
1.78% more ownership
Funds ownership: 73.75% → 75.53% (+1.8%)
6% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 16
2% less funds holding
Funds holding: 157 → 154 (-3)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$5.28M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.83M |
| 3 |
Goldman Sachs
New York
|
+$2.63M |
| 4 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$2.09M |
| 5 |
BlackRock
New York
|
+$1.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
-$5.56M |
| 2 |
GC
Gratia Capital
Los Angeles,
California
|
-$5.3M |
| 3 |
Millennium Management
New York
|
-$4.42M |
| 4 |
Two Sigma Investments
New York
|
-$3.48M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$2.75M |
TRTX Hedge Fund Activity: Q2 2026 in Review
154 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in TPG RE Finance Trust (TRTX) for Q2 2026, worth a combined $489M — up 8.2% from $452M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new TRTX positions and 16 closed out — a net gain of 1 holder — while 66 added to existing stakes and 40 trimmed.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $5.28M. The largest seller was Nan Shan Life Insurance, exiting entirely with an estimated $5.56M sold.
- 154 institutional investors held TPG RE Finance Trust (TRTX) as of Q2 2026, down from 157 in Q1 2026.
- Funds reported $489M of TPG RE Finance Trust stock for Q2 2026, up 8.2% quarter-over-quarter.
- 17 funds opened new TPG RE Finance Trust positions in Q2 2026 and 16 closed out, a net change of +1 holder.
- The largest TPG RE Finance Trust buyer in Q2 2026 was Balyasny Asset Management, an estimated $5.28M added.
- The largest TPG RE Finance Trust seller in Q2 2026 was Nan Shan Life Insurance, an estimated $5.56M sold.
Based on aggregated 13F filings for Q2 2026.