NREF — NEXPOINT REAL ESTATE FIN INC
Reported value held$27.33M
Funds holding (latest)24
SectorReal Estate
Funds holding (Q2 2026)19
Institutional value$19.22M · 1.24M sh
New / Add / Cut / Exit3 / 9 / 5 / 2
Top-5 / Top-10 concentration89.6% / 96.8%
Institutional holdings change
Reducing -4.8%
(-62.68K sh)
Institutional value change
Up +9.5%
As of Q2 2026, 19 SEC-registered investment managers reported holding NREF (NEXPOINT REAL ESTATE FIN INC) in their latest 13F filings, with a combined reported value of $19.22M across 1.24M shares. That is -4.8% by share count (-62.68K shares) versus the previous quarter, while reported value moved +9.5%. Ownership is concentrated: the five largest holders account for 89.6% of reported value and the top ten for 96.8%.
Compared with the prior quarter, 3 opened new positions, 9 added to existing stakes, 5 trimmed, 2 exited entirely. 13F holdings are quarter-end snapshots, so these moves reflect positioning as of Q2 2026, not real-time trading.
NREF is classified in the Real Estate sector.
All figures on this page are computed from SEC Form 13F quarterly filings. 13F filers disclose long positions of $100,000 or more within 45 days of quarter end; short positions, options overlays and intra-quarter trades are not included, so treat the numbers as a quarterly snapshot of institutional ownership rather than real-time positioning.
Q2 2026 — 19 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| BlackRock Inc history | 624.27K | $9.68M | 0.00% | Add |
| Morgan Stanley history | 195.07K | $3.02M | 0.00% | Add |
| Geode Capital Management history | 182.68K | $2.83M | 0.00% | Add |
| Northern Trust Corp history | 57.14K | $885.69K | 0.00% | Add |
| Goldman Sachs Group history | 51.59K | $799.57K | 0.00% | Reduce |
| Charles Schwab Investment Management history | 23.62K | $366.11K | 0.00% | Add |
| Bank of America Corp history | 23.45K | $363.40K | 0.00% | Reduce |
| BNY Mellon history | 17.49K | $271.08K | 0.00% | Add |
| Citadel Advisors history | 13.80K | $213.90K | 0.00% | New |
| Invesco Ltd history | 10.69K | $165.76K | 0.00% | Reduce |
| AQR Capital Management history | 10.09K | $156.37K | 0.00% | New |
| UBS Group AG history | 8.06K | $124.92K | 0.00% | Reduce |
| Deutsche Bank AG history | 7.00K | $108.52K | 0.00% | Add |
| Wells Fargo & Co history | 6.76K | $104.77K | 0.00% | Add |
| Citigroup Inc history | 3.75K | $58.09K | 0.00% | Reduce |
| JPMorgan Chase & Co history | 3.17K | $49.37K | 0.00% | New |
| Legal & General Investment Management America history | 717 | $11.11K | 0.00% | Hold |
| Fidelity Management & Research (FMR) history | 478 | $7.41K | 0.00% | Add |
| PNC Financial Services history | 40 | $620 | 0.00% | Hold |
Q1 2026 — 18 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| BlackRock Inc history | 594.00K | $8.00M | 0.00% | Reduce |
| Morgan Stanley history | 191.75K | $2.58M | 0.00% | Reduce |
| Geode Capital Management history | 179.25K | $2.42M | 0.00% | Add |
| Millennium Management history | 102.22K | $1.38M | 0.00% | Add |
| Goldman Sachs Group history | 71.56K | $963.86K | 0.00% | Reduce |
| Northern Trust Corp history | 49.80K | $670.74K | 0.00% | Reduce |
| Bank of America Corp history | 26.87K | $361.88K | 0.00% | Reduce |
| Charles Schwab Investment Management history | 20.17K | $271.70K | 0.00% | Reduce |
| UBS Group AG history | 15.29K | $205.89K | 0.00% | Add |
| BNY Mellon history | 15.07K | $203.01K | 0.00% | Reduce |
| Two Sigma Investments history | 11.99K | $161.52K | 0.00% | Reduce |
| Invesco Ltd history | 11.41K | $153.75K | 0.00% | Reduce |
| Deutsche Bank AG history | 4.58K | $61.62K | 0.00% | Reduce |
| Citigroup Inc history | 4.15K | $55.87K | 0.00% | Add |
| Wells Fargo & Co history | 3.24K | $43.65K | 0.00% | Reduce |
| Legal & General Investment Management America history | 717 | $9.66K | 0.00% | Hold |
| Fidelity Management & Research (FMR) history | 442 | $5.95K | 0.00% | Add |
| PNC Financial Services history | 40 | $539 | 0.00% | Hold |
Q4 2025 — 20 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| BlackRock Inc history | 625.39K | $8.81M | 0.00% | Add |
| Vanguard Group history | 397.17K | $5.59M | 0.00% | Reduce |
| Morgan Stanley history | 194.27K | $2.74M | 0.00% | Add |
| Geode Capital Management history | 174.16K | $2.45M | 0.00% | Reduce |
| Goldman Sachs Group history | 89.47K | $1.26M | 0.00% | Reduce |
| Millennium Management history | 87.15K | $1.23M | 0.00% | Reduce |
| Northern Trust Corp history | 52.48K | $738.88K | 0.00% | Reduce |
| Two Sigma Investments history | 34.80K | $490.05K | 0.00% | Add |
| Bank of America Corp history | 28.83K | $405.98K | 0.00% | Add |
| Charles Schwab Investment Management history | 23.92K | $336.75K | 0.00% | Reduce |
| BNY Mellon history | 17.14K | $241.35K | 0.00% | Reduce |
| Invesco Ltd history | 11.85K | $166.91K | 0.00% | New |
| Deutsche Bank AG history | 10.00K | $140.79K | 0.00% | Reduce |
| Wells Fargo & Co history | 8.58K | $120.83K | 0.00% | Add |
| JPMorgan Chase & Co history | 3.25K | $45.80K | 0.00% | Reduce |
| UBS Group AG history | 959 | $13.50K | 0.00% | Reduce |
| Legal & General Investment Management America history | 717 | $10.10K | 0.00% | Hold |
| Citigroup Inc history | 556 | $7.83K | 0.00% | Reduce |
| Fidelity Management & Research (FMR) history | 393 | $5.53K | 0.00% | Reduce |
| PNC Financial Services history | 40 | $563 | 0.00% | Reduce |
Q3 2025 — 19 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| BlackRock Inc history | 616.62K | $8.74M | 0.00% | Reduce |
| Vanguard Group history | 432.13K | $6.13M | 0.00% | Reduce |
| Geode Capital Management history | 185.95K | $2.64M | 0.00% | Reduce |
| Morgan Stanley history | 165.44K | $2.35M | 0.00% | Add |
| Millennium Management history | 139.96K | $1.98M | 0.00% | Reduce |
| Goldman Sachs Group history | 96.21K | $1.36M | 0.00% | Add |
| Northern Trust Corp history | 56.73K | $804.42K | 0.00% | Reduce |
| Charles Schwab Investment Management history | 26.36K | $373.74K | 0.00% | Add |
| Bank of America Corp history | 22.39K | $317.42K | 0.00% | Add |
| Two Sigma Investments history | 20.51K | $290.85K | 0.00% | Add |
| BNY Mellon history | 19.99K | $283.41K | 0.00% | Add |
| Deutsche Bank AG history | 13.58K | $192.61K | 0.00% | New |
| UBS Group AG history | 7.74K | $109.71K | 0.00% | Add |
| Wells Fargo & Co history | 5.86K | $83.13K | 0.00% | Add |
| JPMorgan Chase & Co history | 3.54K | $50.15K | 0.00% | Reduce |
| Citigroup Inc history | 1.13K | $16.01K | 0.00% | Reduce |
| Fidelity Management & Research (FMR) history | 1.03K | $14.64K | 0.00% | Reduce |
| Legal & General Investment Management America history | 717 | $10.17K | 0.00% | Hold |
| PNC Financial Services history | 43 | $610 | 0.00% | New |
Q2 2025 — 19 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| BlackRock Inc history | 623.47K | $8.60M | 0.00% | Reduce |
| Vanguard Group history | 434.84K | $6.00M | 0.00% | Hold |
| Geode Capital Management history | 201.31K | $2.78M | 0.00% | Add |
| Morgan Stanley history | 158.35K | $2.18M | 0.00% | Add |
| Millennium Management history | 145.58K | $2.01M | 0.00% | Reduce |
| Northern Trust Corp history | 62.68K | $864.33K | 0.00% | Reduce |
| Marshall Wace history | 56.73K | $782.33K | 0.00% | Add |
| Goldman Sachs Group history | 44.23K | $610.00K | 0.00% | Add |
| Charles Schwab Investment Management history | 23.98K | $330.71K | 0.00% | Reduce |
| Bank of America Corp history | 21.90K | $301.97K | 0.00% | Reduce |
| Two Sigma Investments history | 19.73K | $272.15K | 0.00% | Reduce |
| BNY Mellon history | 18.26K | $251.75K | 0.00% | Add |
| Citadel Advisors history | 10.10K | $139.28K | 0.00% | Reduce |
| JPMorgan Chase & Co history | 7.13K | $98.35K | 0.00% | Reduce |
| Wells Fargo & Co history | 4.91K | $67.67K | 0.00% | Hold |
| UBS Group AG history | 3.19K | $44.02K | 0.00% | Reduce |
| Citigroup Inc history | 2.88K | $39.67K | 0.00% | Reduce |
| Fidelity Management & Research (FMR) history | 1.06K | $14.69K | 0.00% | Add |
| Legal & General Investment Management America history | 717 | $9.89K | 0.00% | Add |
Q1 2025 — 20 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| BlackRock Inc history | 656.89K | $10.04M | 0.00% | Add |
| Vanguard Group history | 435.31K | $6.66M | 0.00% | Hold |
| Geode Capital Management history | 199.59K | $3.05M | 0.00% | Add |
| Millennium Management history | 166.05K | $2.54M | 0.00% | Reduce |
| Morgan Stanley history | 124.29K | $1.90M | 0.00% | Add |
| Northern Trust Corp history | 65.78K | $1.01M | 0.00% | Reduce |
| Marshall Wace history | 53.66K | $820.48K | 0.00% | Add |
| Goldman Sachs Group history | 42.92K | $656.25K | 0.00% | Add |
| Citadel Advisors history | 33.51K | $512.40K | 0.00% | Reduce |
| Charles Schwab Investment Management history | 26.31K | $402.28K | 0.00% | Hold |
| Two Sigma Investments history | 24.95K | $381.44K | 0.00% | Add |
| Bank of America Corp history | 23.20K | $354.65K | 0.00% | Reduce |
| BNY Mellon history | 17.56K | $268.49K | 0.00% | Hold |
| JPMorgan Chase & Co history | 7.31K | $111.78K | 0.00% | Reduce |
| Citigroup Inc history | 5.98K | $91.47K | 0.00% | Reduce |
| UBS Group AG history | 5.22K | $79.86K | 0.00% | Add |
| Wells Fargo & Co history | 4.91K | $75.05K | 0.00% | Add |
| Fidelity Management & Research (FMR) history | 1.05K | $16.02K | 0.00% | Reduce |
| Legal & General Investment Management America history | 573 | $8.76K | 0.00% | Hold |
| PNC Financial Services history | 122 | $1.86K | 0.00% | Hold |
New Positions (Q2 2026)
- Citadel Advisors 13.80K sh · $213.90K
- AQR Capital Management 10.09K sh · $156.37K
- JPMorgan Chase & Co 3.17K sh · $49.37K
Fully Exited (vs previous quarter)
- Millennium Management sold 102.22K sh · $1.38M
- Two Sigma Investments sold 11.99K sh · $161.52K
Fund Position History — shares by quarter (top 20 funds)
| Fund | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BlackRock Inc | 624.27K | 594.00K | 625.39K | 616.62K | 623.47K | 656.89K | 644.86K | 662.44K | — | — | — | — | — | — | — | — | — | — | — | — |
| Morgan Stanley | 195.07K | 191.75K | 194.27K | 165.44K | 158.35K | 124.29K | 118.36K | 133.92K | 127.78K | 127.84K | 117.97K | 104.26K | 98.82K | 38.62K | 31.66K | 21.38K | 20.84K | 20.12K | 19.41K | 3.84K |
| Geode Capital Management | 182.68K | 179.25K | 174.16K | 185.95K | 201.31K | 199.59K | 192.29K | 191.88K | 198.13K | 195.57K | 186.53K | 180.62K | 187.20K | 158.25K | 148.94K | 146.90K | 147.29K | 74.83K | 41.66K | 41.66K |
| Northern Trust Corp | 57.14K | 49.80K | 52.48K | 56.73K | 62.68K | 65.78K | 69.62K | 67.67K | 68.40K | 66.01K | 71.16K | 66.63K | 70.96K | 65.04K | 65.31K | 64.09K | 66.50K | 22.75K | 13.98K | — |
| Goldman Sachs Group | 51.59K | 71.56K | 89.47K | 96.21K | 44.23K | 42.92K | 36.87K | 30.99K | 14.57K | 15.60K | — | 46.18K | 232.17K | 243.74K | 242.64K | 259.51K | 35.95K | 17.38K | — | — |
| Charles Schwab Investment Management | 23.62K | 20.17K | 23.92K | 26.36K | 23.98K | 26.31K | 26.31K | 24.32K | 26.27K | 24.14K | 24.14K | 24.14K | 24.14K | 21.33K | 21.43K | 21.43K | 22.91K | — | — | — |
| Bank of America Corp | 23.45K | 26.87K | 28.83K | 22.39K | 21.90K | 23.20K | 26.45K | 24.01K | 23.79K | 16.17K | 18.09K | 19.99K | 7.46K | 10.46K | 6.22K | 1.33K | — | 1.02K | — | 81 |
| BNY Mellon | 17.49K | 15.07K | 17.14K | 19.99K | 18.26K | 17.56K | 17.56K | 17.56K | 24.11K | 23.30K | 25.12K | 25.29K | 24.69K | 25.48K | 26.31K | 28.89K | 25.49K | — | — | — |
| Citadel Advisors | 13.80K | — | — | — | 10.10K | 33.51K | 44.35K | 32.18K | — | 24.77K | 13.13K | 16.05K | 14.40K | — | 14.26K | 22.42K | 27.07K | 17.52K | 35.00K | 11.59K |
| Invesco Ltd | 10.69K | 11.41K | 11.85K | — | — | — | — | — | 11.83K | 14.68K | 28.02K | 32.89K | 33.62K | 30.24K | 48.77K | 32.81K | 95.31K | 29.96K | 37.75K | 37.16K |
| AQR Capital Management | 10.09K | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| UBS Group AG | 8.06K | 15.29K | 959 | 7.74K | 3.19K | 5.22K | 4.51K | 3.86K | 2.54K | 8.00K | 8.86K | 4.46K | 4.58K | 2.77K | 4.21K | 6.71K | 4.02K | — | 6.97K | 645 |
| Deutsche Bank AG | 7.00K | 4.58K | 10.00K | 13.58K | — | — | — | 10.43K | 5.83K | 6.09K | 6.09K | 6.66K | 4.69K | 4.81K | 3.24K | 3.19K | 3.71K | — | — | — |
| Wells Fargo & Co | 6.76K | 3.24K | 8.58K | 5.86K | 4.91K | 4.91K | 4.80K | 3.76K | 3.82K | 2.86K | 2.49K | 2.00K | 3.42K | 1.76K | 567 | 474 | 555 | 529 | 171 | 149 |
| Citigroup Inc | 3.75K | 4.15K | 556 | 1.13K | 2.88K | 5.98K | 6.46K | 6.09K | 1.94K | 1.58K | 1.19K | 51 | 2.45K | 16 | 55 | 156 | 492 | 17.40K | — | — |
| JPMorgan Chase & Co | 3.17K | — | 3.25K | 3.54K | 7.13K | 7.31K | 9.65K | 6.55K | 3.70K | 17.78K | 10.51K | 5.25K | 6.45K | 20 | 4.57K | 4.36K | 4.19K | 9.80K | 1.61K | 62 |
| Legal & General Investment Management America | 717 | 717 | 717 | 717 | 717 | 573 | 573 | 573 | 573 | 573 | 573 | 816 | 816 | 642 | 642 | 642 | 642 | — | — | — |
| Fidelity Management & Research (FMR) | 478 | 442 | 393 | 1.03K | 1.06K | 1.05K | 1.14K | 1.16K | 1.18K | 712 | 771 | 697 | 692 | 395 | 75 | 115 | — | 1 | 16 | — |
| PNC Financial Services | 40 | 40 | 40 | 43 | — | 122 | 122 | 122 | 122 | 122 | 122 | 1.07K | 1.07K | — | — | — | — | — | — | — |
| Two Sigma Investments | — | 11.99K | 34.80K | 20.51K | 19.73K | 24.95K | 13.38K | 18.71K | 11.69K | — | — | — | — | — | — | — | — | 60.27K | 96.93K | 107.86K |
▲ Bought Low (fund opened/added, stock rose ≥5% next quarter) ▼ Sold High (fund reduced, stock fell ≥5% next quarter)
Drag / scroll to zoom · Default shows the most recent year · Annotations come from quarterly fund actions in 13F filings · Hover a marker for details