TPG RE Finance Trust
TRTX
128 hedge funds and large institutions have $839M invested in TPG RE Finance Trust in 2019 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 57 increasing their positions, 23 reducing their positions, and 7 closing their positions.
4,065% more call options, than puts
Call options by funds: $958K | Put options by funds: $23K
329% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 7
148% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 23
55% more capital invested
Capital invested by funds: $542M → $839M (+$297M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
22% more funds holding
Funds holding: 105 → 128 (+23)
14.41% more ownership
Funds ownership: 45% → 59.41% (+14%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$162M |
| 2 |
Morgan Stanley
New York
|
+$15.2M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$14.2M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$13.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$12.8M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$3.66M |
| 3 |
AAMU
AEGON Asset Management (UK)
Edinburgh,
United Kingdom
|
-$3.64M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$2.49M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$2.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFH
126
NEXT Financial Holdings
Houston,
Texas
| $2K | +$2.17K | +110 | New |
|
|
PCG
127
Private Capital Group
West Hartford,
Connecticut
| $1K | – | – | – |
|
|
128
Alyeska Investment Group
Chicago,
Illinois
| – | -$3.66M | -200,000 | Closed |
|
|
EMG
129
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$1.75M | -95,559 | Closed |
|
130
Holocene Advisors
New York
| – | -$303K | -16,591 | Closed |
|
|
SSA
131
Schonfeld Strategic Advisors
New York
| – | -$245K | -13,371 | Closed |
|
132
Envestnet Asset Management
Chicago,
Illinois
| – | -$188K | -10,277 | Closed |
|
|
IA
133
IFP Advisors
Tampa,
Florida
| – | -$11K | -605 | Closed |
|
134
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$9K | -499 | Closed |
|
135
Nordea Investment Management
Stockholm,
Sweden
| – | +$217 | +11 | New |
|
136
Fidelity Investments
Boston,
Massachusetts
| – | +$236 | +12 | New |
|
TRTX Hedge Fund Activity: Q1 2019 in Review
128 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in TPG RE Finance Trust (TRTX) for Q1 2019, worth a combined $839M — up 55% from $542M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new TRTX positions and 7 closed out — a net gain of 23 holders — while 57 added to existing stakes and 23 trimmed.
The largest buyer was JP Morgan Private Wealth Advisors, adding an estimated $162M. The largest seller was BlackRock, cutting an estimated $12.8M.
- 128 institutional investors held TPG RE Finance Trust (TRTX) as of Q1 2019, up from 105 in Q4 2018.
- Funds reported $839M of TPG RE Finance Trust stock for Q1 2019, up 55% quarter-over-quarter.
- 30 funds opened new TPG RE Finance Trust positions in Q1 2019 and 7 closed out, a net change of +23 holders.
- The largest TPG RE Finance Trust buyer in Q1 2019 was JP Morgan Private Wealth Advisors, an estimated $162M added.
- The largest TPG RE Finance Trust seller in Q1 2019 was BlackRock, an estimated $12.8M sold.
Based on aggregated 13F filings for Q1 2019.