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TRTX

TPG RE Finance Trust

139 hedge funds and large institutions have $480M invested in TPG RE Finance Trust in 2025 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 64 increasing their positions, 41 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,925% more call options, than puts

Call options by funds: $32.9M | Put options by funds: $1.09M

56% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 41

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

0.03% more ownership

Funds ownership: 77.74%77.77% (+0.03%)

6% less funds holding

Funds holding: 148139 (-9)

7% less capital invested

Capital invested by funds: $514M → $480M (-$33.8M)

35% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 23

Holders
139
Holders Change
-9
Holders Change %
-6.08%
% of All Funds
1.83%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.04%
New
15
Increased
64
Reduced
41
Closed
23
Calls
$32.9M
Puts
$1.09M
Net Calls
+$31.8M
Net Calls Change
+$16.9M
Name Holding Trade Value Shares
Change
Change in
Stake
EW
101
Evoke Wealth
California
$92.6K +$610 +80 +0.7%
LPL Financial
102
LPL Financial
California
$87K +$85.9K +11,268 New
CAM
103
Cresset Asset Management
Illinois
$86.3K +$82.7K +10,843 New
Ameriprise
104
Ameriprise
Minnesota
$80.9K +$191 +25 +0.2%
AAS
105
Avantax Advisory Services
Texas
$78.8K +$1.58K +207 +2%
NAAA
106
New Age Alpha Advisors
New York
$54.7K +$618 +81 +1%
AIP
107
Ameritas Investment Partners
Nebraska
$54K +$10.5K +1,375 +24%
TRCT
108
Tower Research Capital (TRC)
New York
$52.6K +$37.1K +4,865 +249%
ME
109
McIlrath & Eck
Washington
$52.1K
BNP Paribas Financial Markets
110
BNP Paribas Financial Markets
France
$50.1K +$23K +3,013 +87%
MAM
111
Meeder Asset Management
Ohio
$45.1K
PEAK6
112
PEAK6
Illinois
$42.8K +$42.2K +5,538 New
AT
113
Arlington Trust
Alabama
$38.6K
Carson Wealth (CWM LLC)
114
Carson Wealth (CWM LLC)
Nebraska
$27K +$22.1K +2,904 +474%
SPIA
115
Steward Partners Investment Advisory
New York
$21.3K +$671 +88 +3%
AB
116
Amalgamated Bank
New York
$19K
Ohio Public Employees Retirement System (OPERS)
117
Ohio Public Employees Retirement System (OPERS)
Ohio
$17.7K -$1.2K -157 -6%
SCM
118
Sterling Capital Management
North Carolina
$14.3K +$6.27K +822 +80%
S
119
SignatureFD
Georgia
$13.7K +$1.17K +153 +9%
PA
120
Parallel Advisors
California
$10K
VCM
121
Versant Capital Management
Arizona
$4K +$3.95K +518 New
SAM
122
Smartleaf Asset Management
Massachusetts
$2.4K +$2.39K +313 New
IA
123
IFP Advisors
Florida
$2.16K +$1.98K +260 New
RIL
124
Rothschild Investment LLC
Illinois
$2.12K +$839 +110 +67%
EWA
125
EverSource Wealth Advisors
Alabama
$2.02K +$1.51K +198 +309%

TRTX Hedge Fund Activity: Q2 2025 in Review

139 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in TPG RE Finance Trust (TRTX) for Q2 2025, worth a combined $480M — down 6.6% from $514M a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of TRTX and 15 opened new positions — a net loss of 8 holders — while 41 trimmed existing stakes and 64 added.

The largest buyer was Balyasny Asset Management, adding an estimated $5.31M. The largest seller was Vanguard Group, cutting an estimated $9.6M.

  • 139 institutional investors held TPG RE Finance Trust (TRTX) as of Q2 2025, down from 148 in Q1 2025.
  • Funds reported $480M of TPG RE Finance Trust stock for Q2 2025, down 6.6% quarter-over-quarter.
  • 15 funds opened new TPG RE Finance Trust positions in Q2 2025 and 23 closed out, a net change of -8 holders.
  • The largest TPG RE Finance Trust buyer in Q2 2025 was Balyasny Asset Management, an estimated $5.31M added.
  • The largest TPG RE Finance Trust seller in Q2 2025 was Vanguard Group, an estimated $9.6M sold.

Based on aggregated 13F filings for Q2 2025.