TPG RE Finance Trust
TRTX
68 hedge funds and large institutions have $476M invested in TPG RE Finance Trust in 2018 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 30 increasing their positions, 9 reducing their positions, and 11 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 9
100% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 11
30% more capital invested
Capital invested by funds: $366M → $476M (+$110M)
17% more funds holding
Funds holding: 58 → 68 (+10)
8.67% more ownership
Funds ownership: 32.2% → 40.88% (+8.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$88M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$39.2M |
| 3 |
State Street
Boston,
Massachusetts
|
+$5.79M |
| 4 |
Two Sigma Investments
New York
|
+$4.14M |
| 5 |
Goldman Sachs
New York
|
+$2.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$19.4M |
| 2 |
ZP
Zimmer Partners
New York
|
-$16.8M |
| 3 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$12.8M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$6.83M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$2.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$76.5K | -4,009 | -100% |
|
77
Barclays
London,
United Kingdom
| – | -$44K | -2,266 | Closed |
|
|
TRCT
78
Tower Research Capital (TRC)
New York
| – | -$8K | -445 | Closed |
|
TRTX Hedge Fund Activity: Q1 2018 in Review
68 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in TPG RE Finance Trust (TRTX) for Q1 2018, worth a combined $476M — up 30% from $366M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new TRTX positions and 11 closed out — a net gain of 11 holders — while 30 added to existing stakes and 9 trimmed.
The largest buyer was BlackRock, adding an estimated $88M. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $19.4M sold.
- 68 institutional investors held TPG RE Finance Trust (TRTX) as of Q1 2018, up from 58 in Q4 2017.
- Funds reported $476M of TPG RE Finance Trust stock for Q1 2018, up 30% quarter-over-quarter.
- 22 funds opened new TPG RE Finance Trust positions in Q1 2018 and 11 closed out, a net change of +11 holders.
- The largest TPG RE Finance Trust buyer in Q1 2018 was BlackRock, an estimated $88M added.
- The largest TPG RE Finance Trust seller in Q1 2018 was Alyeska Investment Group, an estimated $19.4M sold.
Based on aggregated 13F filings for Q1 2018.