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.
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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$6.75M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.38M |
| 3 |
HS
Hazelview Securities
Toronto,
Ontario, Canada
|
+$3.17M |
| 4 |
State Street
Boston,
Massachusetts
|
+$2.91M |
| 5 |
RA
Resource America
New York
|
+$2.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$13.3M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$7.11M |
| 3 |
Blackstone Inc
New York
|
-$2.38M |
| 4 |
Goldman Sachs
New York
|
-$2.27M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$1.98M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OAM
76
Oxford Asset Management
Oxford,
United Kingdom
| – | -$225K | -11,297 | Closed |
|
|
ARTA
77
A.R.T. Advisors
New York
| – | -$208K | -10,500 | Closed |
|
|
MIM
78
MetLife Investment Management
Whippany,
New Jersey
| – | -$199K | -10,006 | Closed |
|
|
MLICM
79
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$140K | -7,037 | Closed |
|
80
Parallax Volatility Advisers
San Francisco,
California
| – | -$58K | -2,904 | Closed |
|
81
Simplex Trading
Chicago,
Illinois
| – | -$1K | -88 | Closed |
|
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.