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TRTX

TPG RE Finance Trust

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.

New
Increased
Maintained
Reduced
Closed

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: 134150 (+16)

10.37% more ownership

Funds ownership: 56.61%66.98% (+10%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
150
Holders Change
+16
Holders Change %
+11.94%
% of All Funds
2.15%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
25
Increased
62
Reduced
40
Closed
9
Calls
$29.4M
Puts
$2.08M
Net Calls
+$27.4M
Net Calls Change
-$29K
Name Holding Trade Value Shares
Change
Change in
Stake
TGA
1
TPG GP A
Texas
$60.5M
BlackRock
2
BlackRock
New York
$51.4M +$6.73M +766,547 +15%
Vanguard Group
3
Vanguard Group
Pennsylvania
$41.6M +$1.81M +206,480 +4%
Morgan Stanley
4
Morgan Stanley
New York
$29.3M +$27.7M +3,159,094 +1,136%
LPC
5
Long Pond Capital
New York
$28.7M +$4.49M +511,932 +18%
NSLI
6
Nan Shan Life Insurance
Taiwan
$24.3M
Citigroup
7
Citigroup
New York
$16.2M +$220K +25,115 +1%
Goldman Sachs
8
Goldman Sachs
New York
$13.7M -$2.47M -280,833 -15%
State Street
9
State Street
Massachusetts
$13.5M -$273K -31,081 -2%
GC
10
Gratia Capital
California
$12.8M +$1.81M +206,026 +16%
Invesco
11
Invesco
Georgia
$12.8M +$96.9K +11,042 +0.7%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$12.4M +$778K +88,592 +6%
Two Sigma Advisers
13
Two Sigma Advisers
New York
$10.9M +$6.96M +793,000 +162%
Millennium Management
14
Millennium Management
New York
$8.41M -$1.66M -189,288 -16%
Charles Schwab
15
Charles Schwab
California
$8.07M -$1.47M -167,820 -15%
JP Morgan Chase
16
JP Morgan Chase
New York
$7.41M -$5.1M -581,003 -40%
Two Sigma Investments
17
Two Sigma Investments
New York
$7.35M +$2.74M +312,611 +57%
Acadian Asset Management
18
Acadian Asset Management
Massachusetts
$4.9M +$4.13M +470,701 +454%
Northern Trust
19
Northern Trust
Illinois
$4.65M -$480K -54,644 -9%
Arrowstreet Capital
20
Arrowstreet Capital
Massachusetts
$4.56M +$3.07M +349,428 +189%
CSS
21
Cubist Systematic Strategies
Connecticut
$3.9M +$2.84M +323,365 +243%
CM
22
Cercano Management
Washington
$3.43M
1832 Asset Management
23
1832 Asset Management
Ontario, Canada
$3.41M +$3.51M +400,000 New
UBS Group
24
UBS Group
Switzerland
$3.31M +$870K +99,160 +34%
SEI Investments
25
SEI Investments
Pennsylvania
$3.31M +$2.44M +277,690 +252%

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.