TPG RE Finance Trust
TRTX
116 hedge funds and large institutions have $290M invested in TPG RE Finance Trust in 2023 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 48 increasing their positions, 37 reducing their positions, and 17 closing their positions.
171% more call options, than puts
Call options by funds: $428K | Put options by funds: $158K
30% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 37
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.22% less ownership
Funds ownership: 57.62% → 57.4% (-0.22%)
4% less capital invested
Capital invested by funds: $302M → $290M (-$11.3M)
3% less funds holding
Funds holding: 119 → 116 (-3)
12% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$3.13M |
| 2 |
BlackRock
New York
|
+$2.35M |
| 3 |
Morgan Stanley
New York
|
+$2.1M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$1.89M |
| 5 |
Two Sigma Investments
New York
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.75M |
| 2 |
TG
TCW Group
Los Angeles,
California
|
-$3.22M |
| 3 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
-$2.8M |
| 4 |
Goldman Sachs
New York
|
-$1.61M |
| 5 |
Millennium Management
New York
|
-$1.44M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Allspring Global Investments
Charlotte,
North Carolina
| – | -$26.3K | -3,910 | Closed |
|
|
HNB
127
Huntington National Bank
Columbus,
Ohio
| – | -$3.2K | -475 | Closed |
|
|
WAS
128
Winch Advisory Services
Appleton,
Wisconsin
| – | -$2K | -347 | Closed |
|
|
MCM
129
Manchester Capital Management
Manchester,
Vermont
| – | -$1.74K | -259 | Closed |
|
|
EWA
130
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$922 | -137 | Closed |
|
|
SPIA
131
Steward Partners Investment Advisory
New York
| – | -$101 | -15 | Closed |
|
|
OLVIG
132
Oliver Lagore Vanvalin Investment Group
Flint,
Michigan
| – | -$81 | -12 | Closed |
|
|
C
133
Covestor
London,
United Kingdom
| – | +$6 | +1 | +25% |
|
TRTX Hedge Fund Activity: Q4 2023 in Review
116 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in TPG RE Finance Trust (TRTX) for Q4 2023, worth a combined $290M — down 3.8% from $302M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of TRTX and 15 opened new positions — a net loss of 2 holders — while 37 trimmed existing stakes and 48 added.
The largest buyer was Invesco, adding an estimated $3.13M. The largest seller was Vanguard Group, cutting an estimated $7.75M.
- 116 institutional investors held TPG RE Finance Trust (TRTX) as of Q4 2023, down from 119 in Q3 2023.
- Funds reported $290M of TPG RE Finance Trust stock for Q4 2023, down 3.8% quarter-over-quarter.
- 15 funds opened new TPG RE Finance Trust positions in Q4 2023 and 17 closed out, a net change of -2 holders.
- The largest TPG RE Finance Trust buyer in Q4 2023 was Invesco, an estimated $3.13M added.
- The largest TPG RE Finance Trust seller in Q4 2023 was Vanguard Group, an estimated $7.75M sold.
Based on aggregated 13F filings for Q4 2023.