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TRTX

TPG RE Finance Trust
TRTX

109 hedge funds and large institutions have $320M invested in TPG RE Finance Trust in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 47 increasing their positions, 37 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,865% more call options, than puts

Call options by funds: $1.36M | Put options by funds: $46K

27% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 37

6% more capital invested

Capital invested by funds: $302M → $320M (+$17.3M)

0.61% less ownership

Funds ownership: 57.39% → 56.78% (-0.61%)

6% less funds holding

Funds holding: 116 → 109 (-7)

47% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 15

Holders
109
Holders Change
-7
Holders Change %
-6.03%
% of All Funds
1.74%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
47
Reduced
37
Closed
15
Calls
$1.36M
Puts
$46K
Net Calls
+$1.32M
Net Calls Change
-$3M

Top Buyers

1
Goldman Sachs
Goldman Sachs
New York
+$5.97M
2
Bank of America
Bank of America
North Carolina
+$4.08M
3
TG
TCW Group
California
+$1.99M
4
Millennium Management
Millennium Management
New York
+$1.09M
5
Citadel Advisors
Citadel Advisors
Florida
+$966K

Top Sellers

1
DG
DigitalBridge Group
Florida
-$7.05M
2
Invesco
Invesco
Georgia
-$2.28M
3
JP Morgan Chase
JP Morgan Chase
New York
-$2.11M
4
Bank of Montreal
Bank of Montreal
Ontario, Canada
-$1.55M
5
Prudential Financial
Prudential Financial
New Jersey
-$1.36M
Name Holding Trade Value Shares
Change 		Change in
Stake
TGA
1
TPG GP A
Texas
$51.5M – – –
Vanguard Group
2
Vanguard Group
Pennsylvania
$43.6M +$492K +61,940 +1%
BlackRock
3
BlackRock
New York
$40M +$140K +17,688 +0.3%
Goldman Sachs
4
Goldman Sachs
New York
$31.1M +$5.97M +751,464 +21%
NSLI
5
Nan Shan Life Insurance
Taiwan
$24.6M – – –
Citigroup
6
Citigroup
New York
$13.6M -$375K -47,242 -2%
State Street
7
State Street
Massachusetts
$11.6M +$268K +33,692 +2%
Invesco
8
Invesco
Georgia
$11.6M -$2.28M -286,609 -15%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$9.01M +$321K +40,434 +3%
Charles Schwab
10
Charles Schwab
California
$6.61M +$587K +73,935 +9%
Bank of America
11
Bank of America
North Carolina
$6.13M +$4.08M +513,815 +156%
RVPG
12
Relative Value Partners Group
$5.45M +$235K +29,572 +4%
BHCM
13
Brevan Howard Capital Management
Jersey
$5.12M -$1.02M -128,204 -15%
Northern Trust
14
Northern Trust
Illinois
$4.65M +$19.2K +2,419 +0.4%
TG
15
TCW Group
California
$4.15M +$1.99M +250,797 +78%
Prudential Financial
16
Prudential Financial
New Jersey
$3.24M -$1.36M -171,300 -28%
Barclays
17
Barclays
United Kingdom
$2.95M -$815K -102,661 -20%
Allianz Asset Management
18
Allianz Asset Management
Germany
$2.52M – – –
CJFS
19
Coulter & Justus Financial Services
Tennessee
$2.43M -$9.28K -1,169 -0.3%
Renaissance Technologies
20
Renaissance Technologies
New York
$2.3M +$66.7K +8,400 +3%
Hotchkis & Wiley Capital Management
21
Hotchkis & Wiley Capital Management
California
$2.16M +$214K +26,900 +10%
JMPWA
22
JP Morgan Private Wealth Advisors
California
$1.9M -$403K -50,689 -16%
N
23
Nuveen
North Carolina
$1.84M +$488K +61,493 +32%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$1.73M -$44.2K -5,563 -2%
JP Morgan Chase
25
JP Morgan Chase
New York
$1.68M -$2.11M -265,154 -53%
1
2 3 4 5

TRTX Hedge Fund Activity: Q1 2023 in Review

109 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in TPG RE Finance Trust (TRTX) for Q1 2023, worth a combined $320M — up 5.7% from $302M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of TRTX and 8 opened new positions — a net loss of 7 holders — while 37 trimmed existing stakes and 47 added.

The largest buyer was Goldman Sachs, adding an estimated $5.97M. The largest seller was DigitalBridge Group, exiting entirely with an estimated $7.05M sold.

  • 109 institutional investors held TPG RE Finance Trust (TRTX) as of Q1 2023, down from 116 in Q4 2022.
  • Funds reported $320M of TPG RE Finance Trust stock for Q1 2023, up 5.7% quarter-over-quarter.
  • 8 funds opened new TPG RE Finance Trust positions in Q1 2023 and 15 closed out, a net change of -7 holders.
  • The largest TPG RE Finance Trust buyer in Q1 2023 was Goldman Sachs, an estimated $5.97M added.
  • The largest TPG RE Finance Trust seller in Q1 2023 was DigitalBridge Group, an estimated $7.05M sold.

Based on aggregated 13F filings for Q1 2023.