TPG RE Finance Trust
TRTX
156 hedge funds and large institutions have $451M invested in TPG RE Finance Trust in 2026 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 43 increasing their positions, 61 reducing their positions, and 25 closing their positions.
543,520% more call options, than puts
Call options by funds: $54.4M | Put options by funds: $10K
16% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 25
1% more funds holding
Funds holding: 154 → 156 (+2)
2.21% less ownership
Funds ownership: 75.82% → 73.61% (-2.2%)
12% less capital invested
Capital invested by funds: $511M → $451M (-$60.3M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
30% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
+$12.9M |
| 2 |
Two Sigma Investments
New York
|
+$6.49M |
| 3 |
GC
Gratia Capital
Los Angeles,
California
|
+$5.77M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$5.47M |
| 5 |
OWSCM
One William Street Capital Management
New York
|
+$5.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$22.3M |
| 2 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
-$18.2M |
| 3 |
BlackRock
New York
|
-$3.6M |
| 4 |
Jane Street
New York
|
-$2.88M |
| 5 |
SP
Solel Partners
Boston,
Massachusetts
|
-$2.87M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KAS
176
Kestra Advisory Services
Austin,
Texas
| – | -$30.3K | -3,515 | Closed |
|
|
KAS
177
Kemnay Advisory Services
New York
| – | -$29.9K | -3,476 | Closed |
|
|
AB
178
Amalgamated Bank
New York
| – | -$18K | -2,119 | Closed |
|
|
AAP
179
Arax Advisory Partners
Denver,
Colorado
| – | -$198 | -23 | Closed |
|
|
LWMI
180
Legacy Wealth Management (Idaho)
Boise,
Idaho
| – | -$53 | -6 | Closed |
|
181
PEAK6
Chicago,
Illinois
| – | -$43 | -5 | Closed |
|
TRTX Hedge Fund Activity: Q1 2026 in Review
156 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in TPG RE Finance Trust (TRTX) for Q1 2026, worth a combined $451M — down 12% from $511M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new TRTX positions and 25 closed out — a net gain of 4 holders — while 43 added to existing stakes and 61 trimmed.
The largest buyer was Mirae Asset Global ETFs Holdings, adding an estimated $12.9M. The largest seller was Goldman Sachs, cutting an estimated $22.3M.
- 156 institutional investors held TPG RE Finance Trust (TRTX) as of Q1 2026, up from 154 in Q4 2025.
- Funds reported $451M of TPG RE Finance Trust stock for Q1 2026, down 12% quarter-over-quarter.
- 29 funds opened new TPG RE Finance Trust positions in Q1 2026 and 25 closed out, a net change of +4 holders.
- The largest TPG RE Finance Trust buyer in Q1 2026 was Mirae Asset Global ETFs Holdings, an estimated $12.9M added.
- The largest TPG RE Finance Trust seller in Q1 2026 was Goldman Sachs, an estimated $22.3M sold.
Based on aggregated 13F filings for Q1 2026.