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TRTX

TPG RE Finance Trust

119 hedge funds and large institutions have $302M invested in TPG RE Finance Trust in 2023 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 38 increasing their positions, 44 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 8

52% more call options, than puts

Call options by funds: $437K | Put options by funds: $287K

7% more funds holding

Funds holding: 111119 (+8)

0.2% more ownership

Funds ownership: 57.42%57.62% (+0.2%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

8% less capital invested

Capital invested by funds: $330M → $302M (-$27.9M)

14% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 44

Holders
119
Holders Change
+8
Holders Change %
+7.21%
% of All Funds
1.89%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
17
Increased
38
Reduced
44
Closed
8
Calls
$437K
Puts
$287K
Net Calls
+$150K
Net Calls Change
-$101K
Name Holding Trade Value Shares
Change
Change in
Stake
TGA
1
TPG GP A
Texas
$47.7M
Vanguard Group
2
Vanguard Group
Pennsylvania
$40.3M +$376K +51,839 +0.9%
BlackRock
3
BlackRock
New York
$37.3M -$146K -20,213 -0.4%
NSLI
4
Nan Shan Life Insurance
Taiwan
$22.3M -$478K -65,996 -2%
Goldman Sachs
5
Goldman Sachs
New York
$21.9M -$5.96M -822,220 -20%
Invesco
6
Invesco
Georgia
$13.2M -$1.33M -182,921 -9%
Citigroup
7
Citigroup
New York
$12.5M -$220K -30,368 -2%
State Street
8
State Street
Massachusetts
$10.6M +$72.5K +10,011 +0.7%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$9.22M +$327K +45,120 +3%
Charles Schwab
10
Charles Schwab
California
$7.55M +$738K +101,873 +10%
Mirae Asset Global Investments
11
Mirae Asset Global Investments
South Korea
$6.29M +$6.56M +905,492 +3,052%
Hotchkis & Wiley Capital Management
12
Hotchkis & Wiley Capital Management
California
$5.29M +$3.21M +443,410 +129%
RVPG
13
Relative Value Partners Group
$4.93M -$169K -23,384 -3%
GC
14
Gratia Capital
California
$4.76M -$13K -1,799 -0.3%
BHCM
15
Brevan Howard Capital Management
Jersey
$4.74M
Northern Trust
16
Northern Trust
Illinois
$4.18M +$60K +8,274 +1%
Millennium Management
17
Millennium Management
New York
$3.93M +$1.12M +154,139 +36%
Bank of America
18
Bank of America
North Carolina
$3.78M -$1.28M -176,327 -24%
TG
19
TCW Group
California
$3.22M -$523K -72,118 -13%
Allianz Asset Management
20
Allianz Asset Management
Germany
$2.33M
AI
21
AXS Investments
New York
$2.28M +$2.45M +338,116 New
CJFS
22
Coulter & Justus Financial Services
Tennessee
$2.11M -$70.8K -9,770 -3%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$1.6M -$17.9K -2,468 -1%
Morgan Stanley
24
Morgan Stanley
New York
$1.52M +$372K +51,290 +29%
UBS Group
25
UBS Group
Switzerland
$1.33M -$57.7K -7,969 -4%

TRTX Hedge Fund Activity: Q3 2023 in Review

119 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in TPG RE Finance Trust (TRTX) for Q3 2023, worth a combined $302M — down 8.5% from $330M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new TRTX positions and 8 closed out — a net gain of 9 holders — while 38 added to existing stakes and 44 trimmed.

The largest buyer was Mirae Asset Global Investments, adding an estimated $6.56M. The largest seller was Goldman Sachs, cutting an estimated $5.96M.

  • 119 institutional investors held TPG RE Finance Trust (TRTX) as of Q3 2023, up from 111 in Q2 2023.
  • Funds reported $302M of TPG RE Finance Trust stock for Q3 2023, down 8.5% quarter-over-quarter.
  • 17 funds opened new TPG RE Finance Trust positions in Q3 2023 and 8 closed out, a net change of +9 holders.
  • The largest TPG RE Finance Trust buyer in Q3 2023 was Mirae Asset Global Investments, an estimated $6.56M added.
  • The largest TPG RE Finance Trust seller in Q3 2023 was Goldman Sachs, an estimated $5.96M sold.

Based on aggregated 13F filings for Q3 2023.