TPG RE Finance Trust
TRTX
150 hedge funds and large institutions have $463M invested in TPG RE Finance Trust in 2024 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 62 increasing their positions, 40 reducing their positions, and 9 closing their positions.
1,316% more call options, than puts
Call options by funds: $29.4M | Put options by funds: $2.08M
178% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 9
55% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 40
18% more capital invested
Capital invested by funds: $393M → $463M (+$69.9M)
12% more funds holding
Funds holding: 134 → 150 (+16)
10.37% more ownership
Funds ownership: 56.61% → 66.98% (+10%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$27.7M |
| 2 |
Two Sigma Advisers
New York
|
+$6.96M |
| 3 |
BlackRock
New York
|
+$6.73M |
| 4 |
LPC
Long Pond Capital
New York
|
+$4.49M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$4.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$6.35M |
| 2 |
JP Morgan Chase
New York
|
-$5.1M |
| 3 |
Goldman Sachs
New York
|
-$2.47M |
| 4 |
Millennium Management
New York
|
-$1.66M |
| 5 |
Charles Schwab
San Francisco,
California
|
-$1.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
151
Hotchkis & Wiley Capital Management
Los Angeles,
California
| – | -$6.35M | -735,460 | Closed |
|
|
HF
152
HRT Financial
New York
| – | -$1.26M | -145,874 | Closed |
|
153
Ameriprise
Minneapolis,
Minnesota
| – | -$838K | -96,720 | Closed |
|
|
CMF
154
Counterpoint Mutual Funds
San Diego,
California
| – | -$398K | -46,096 | Closed |
|
155
Prudential Financial
Newark,
New Jersey
| – | -$171K | -19,750 | Closed |
|
|
CFGS
156
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$161K | -18,295 | Closed |
|
157
Stifel Financial
St. Louis,
Missouri
| – | -$130K | -15,025 | Closed |
|
|
CANY
158
Caxton Associates (New York)
New York
| – | -$106K | -12,230 | Closed |
|
159
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$5.74K | -664 | Closed |
|
TRTX Hedge Fund Activity: Q3 2024 in Review
150 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in TPG RE Finance Trust (TRTX) for Q3 2024, worth a combined $463M — up 18% from $393M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new TRTX positions and 9 closed out — a net gain of 16 holders — while 62 added to existing stakes and 40 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $27.7M. The largest seller was Hotchkis & Wiley Capital Management, exiting entirely with an estimated $6.35M sold.
- 150 institutional investors held TPG RE Finance Trust (TRTX) as of Q3 2024, up from 134 in Q2 2024.
- Funds reported $463M of TPG RE Finance Trust stock for Q3 2024, up 18% quarter-over-quarter.
- 25 funds opened new TPG RE Finance Trust positions in Q3 2024 and 9 closed out, a net change of +16 holders.
- The largest TPG RE Finance Trust buyer in Q3 2024 was Morgan Stanley, an estimated $27.7M added.
- The largest TPG RE Finance Trust seller in Q3 2024 was Hotchkis & Wiley Capital Management, an estimated $6.35M sold.
Based on aggregated 13F filings for Q3 2024.