We are live on ! Find out more
TRTX

TPG RE Finance Trust
TRTX

69 hedge funds and large institutions have $497M invested in TPG RE Finance Trust in 2018 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 39 increasing their positions, 10 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

290% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 10

1% more funds holding

Funds holding: 68 → 69 (+1)

8% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 12

4% more capital invested

Capital invested by funds: $476M → $497M (+$21.3M)

0.56% more ownership

Funds ownership: 40.88% → 41.44% (+0.56%)

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
69
Holders Change
+1
Holders Change %
+1.47%
% of All Funds
1.58%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
13
Increased
39
Reduced
10
Closed
12
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
+$6.75M
2
Vanguard Group
Vanguard Group
Pennsylvania
+$5.38M
3
HS
Hazelview Securities
Ontario, Canada
+$3.17M
4
State Street
State Street
Massachusetts
+$2.91M
5
RA
Resource America
New York
+$2.88M

Top Sellers

Rank Fund Capital Flow
1
ICM
Indaba Capital Management
California
-$13.3M
2
N
Nuveen
North Carolina
-$7.11M
3
Blackstone Inc
Blackstone Inc
New York
-$2.38M
4
Goldman Sachs
Goldman Sachs
New York
-$2.27M
5
Norges Bank
Norges Bank
Norway
-$1.98M
Name Holding Trade Value Shares
Change 		Change in
Stake
TA
26
Teachers Advisors
New York
$1.18M +$569K +28,167 +95%
Wells Fargo
27
Wells Fargo
California
$1.16M +$591K +29,266 +104%
TCIM
28
TIAA CREF Investment Management
New York
$1.13M +$319K +15,776 +40%
California State Teachers Retirement System (CalSTRS)
29
California State Teachers Retirement System (CalSTRS)
California
$977K +$335K +16,575 +53%
Swiss National Bank
30
Swiss National Bank
Switzerland
$939K -$323K -16,000 -26%
Citadel Advisors
31
Citadel Advisors
Florida
$928K +$923K +45,681 New
APG Asset Management
32
APG Asset Management
Netherlands
$837K +$972K +48,100 New
New York State Common Retirement Fund
33
New York State Common Retirement Fund
New York
$739K +$458K +22,648 +165%
MCM
34
Matarin Capital Management
New York
$724K +$720K +35,633 New
D.E. Shaw & Co
35
D.E. Shaw & Co
New York
$683K +$320K +15,857 +89%
RhumbLine Advisers
36
RhumbLine Advisers
Massachusetts
$641K +$257K +12,712 +67%
SWM
37
Stockman Wealth Management
Montana
$554K +$551K +27,250 New
DIM
38
DC Investments Management
Virginia
$539K +$536K +26,520 New
UBS Group
39
UBS Group
Switzerland
$536K +$454K +22,456 +574%
Invesco
40
Invesco
Georgia
$473K -$252K -12,469 -35%
Manulife (Manufacturers Life Insurance)
41
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$473K +$134K +6,629 +40%
CS
42
Credit Suisse
Switzerland
$439K +$78.5K +3,883 +22%
AIG
43
American International Group
New York
$416K +$146K +7,243 +55%
QI
44
QS Investors
New York
$393K +$390K +19,284 +58,436%
PPA
45
Parametric Portfolio Associates
Washington
$338K +$132K +6,545 +65%
AllianceBernstein
46
AllianceBernstein
Tennessee
$311K +$62.6K +3,100 +25%
UBS AM
47
UBS AM
Illinois
$309K – – –
Prudential Financial
48
Prudential Financial
New Jersey
$300K +$298K +14,732 New
SO
49
STRS Ohio
Ohio
$186K +$66.7K +3,300 +56%
Citigroup
50
Citigroup
New York
$132K +$81.4K +4,028 +163%
1
2
3 4

TRTX Hedge Fund Activity: Q2 2018 in Review

69 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in TPG RE Finance Trust (TRTX) for Q2 2018, worth a combined $497M — up 4.5% from $476M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new TRTX positions and 12 closed out — a net gain of 1 holder — while 39 added to existing stakes and 10 trimmed.

The largest buyer was BlackRock, adding an estimated $6.75M. The largest seller was Indaba Capital Management, exiting entirely with an estimated $13.3M sold.

  • 69 institutional investors held TPG RE Finance Trust (TRTX) as of Q2 2018, up from 68 in Q1 2018.
  • Funds reported $497M of TPG RE Finance Trust stock for Q2 2018, up 4.5% quarter-over-quarter.
  • 13 funds opened new TPG RE Finance Trust positions in Q2 2018 and 12 closed out, a net change of +1 holder.
  • The largest TPG RE Finance Trust buyer in Q2 2018 was BlackRock, an estimated $6.75M added.
  • The largest TPG RE Finance Trust seller in Q2 2018 was Indaba Capital Management, an estimated $13.3M sold.

Based on aggregated 13F filings for Q2 2018.