TRTX — TPG RE FIN TR INC
Reported value held$231.43M
Funds holding (latest)38
SectorReal Estate
Funds holding (Q2 2026)32
Institutional value$194.48M · 23.34M sh
New / Add / Cut / Exit3 / 16 / 10 / 1
Top-5 / Top-10 concentration54.6% / 76.4%
Institutional holdings change
Accumulating +8.2%
(+1.77M sh)
Institutional value change
Up +16.0%
As of Q2 2026, 32 SEC-registered investment managers reported holding TRTX (TPG RE FIN TR INC) in their latest 13F filings, with a combined reported value of $194.48M across 23.34M shares. That is +8.2% by share count (+1.77M shares) versus the previous quarter, while reported value moved +16.0%. Ownership is concentrated: the five largest holders account for 54.6% of reported value and the top ten for 76.4%.
Compared with the prior quarter, 3 opened new positions, 16 added to existing stakes, 10 trimmed, 1 exited entirely. 13F holdings are quarter-end snapshots, so these moves reflect positioning as of Q2 2026, not real-time trading.
TRTX 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 — 32 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| BlackRock Inc history | 6.50M | $54.39M | 0.00% | Add |
| Geode Capital Management history | 1.96M | $16.37M | 0.00% | Add |
| Goldman Sachs Group history | 1.52M | $12.69M | 0.00% | Add |
| Two Sigma Investments history | 1.46M | $12.21M | 0.01% | Reduce |
| Arrowstreet Capital history | 1.27M | $10.62M | 0.01% | Add |
| Citigroup Inc history | 1.19M | $9.99M | 0.00% | Hold |
| Morgan Stanley history | 1.19M | $9.93M | 0.00% | Add |
| Charles Schwab Investment Management history | 1.06M | $8.89M | 0.00% | Reduce |
| Fidelity Management & Research (FMR) history | 861.52K | $7.21M | 0.00% | Add |
| Northern Trust Corp history | 746.00K | $6.24M | 0.00% | Add |
| Wellington Management Group history | 712.44K | $5.96M | 0.00% | Hold |
| JPMorgan Chase & Co history | 680.79K | $5.76M | 0.00% | New |
| UBS Group AG history | 684.22K | $5.73M | 0.00% | Add |
| Balyasny Asset Management history | 632.03K | $5.29M | 0.01% | New |
| Franklin Resources history | 576.71K | $4.83M | 0.00% | Add |
| Wells Fargo & Co history | 571.63K | $4.78M | 0.00% | Reduce |
| Norges Bank Investment Management history | 288.80K | $2.42M | 0.00% | Add |
| Bank of America Corp history | 270.65K | $2.27M | 0.00% | Add |
| BNY Mellon history | 211.23K | $1.77M | 0.00% | Add |
| AQR Capital Management history | 184.23K | $1.54M | 0.00% | Add |
| Millennium Management history | 138.24K | $1.16M | 0.00% | Reduce |
| Invesco Ltd history | 132.22K | $1.11M | 0.00% | Reduce |
| Renaissance Technologies history | 130.21K | $1.09M | 0.00% | Reduce |
| Deutsche Bank AG history | 74.30K | $621.86K | 0.00% | Reduce |
| Citadel Advisors history | 69.10K | $578.37K | 0.00% | Reduce |
| Legal & General Investment Management America history | 53.69K | $449.37K | 0.00% | Add |
| CPP Investments history | 27.80K | $232.69K | 0.00% | Hold |
| Manulife Financial history | 17.92K | $150.01K | 0.00% | Reduce |
| D. E. Shaw & Co history | 13.00K | $108.84K | 0.00% | New |
| Prudential Financial history | 12.02K | $100.57K | 0.00% | Reduce |
| PNC Financial Services history | 510 | $4.27K | 0.00% | Add |
| T. Rowe Price Associates history | 113.03K | $947 | 0.00% | Add |
Q1 2026 — 29 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| BlackRock Inc history | 6.27M | $48.98M | 0.00% | Reduce |
| Two Sigma Investments history | 1.88M | $14.64M | 0.01% | Add |
| Geode Capital Management history | 1.84M | $14.40M | 0.00% | Add |
| Goldman Sachs Group history | 1.20M | $9.38M | 0.00% | Reduce |
| Citigroup Inc history | 1.19M | $9.30M | 0.00% | Add |
| Charles Schwab Investment Management history | 1.13M | $8.86M | 0.00% | Add |
| Morgan Stanley history | 966.86K | $7.55M | 0.00% | Reduce |
| Arrowstreet Capital history | 929.57K | $7.26M | 0.00% | Add |
| Wells Fargo & Co history | 735.87K | $5.75M | 0.00% | Reduce |
| Fidelity Management & Research (FMR) history | 719.83K | $5.62M | 0.00% | Add |
| Wellington Management Group history | 713.62K | $5.57M | 0.00% | Reduce |
| Northern Trust Corp history | 672.03K | $5.25M | 0.00% | Add |
| Millennium Management history | 667.79K | $5.22M | 0.00% | Add |
| UBS Group AG history | 595.64K | $4.65M | 0.00% | Add |
| Franklin Resources history | 513.14K | $4.01M | 0.00% | Add |
| Citadel Advisors history | 320.87K | $2.51M | 0.00% | Reduce |
| Bank of America Corp history | 258.86K | $2.02M | 0.00% | Reduce |
| BNY Mellon history | 198.26K | $1.55M | 0.00% | Reduce |
| Renaissance Technologies history | 185.50K | $1.45M | 0.00% | Reduce |
| Invesco Ltd history | 147.15K | $1.15M | 0.00% | Add |
| AQR Capital Management history | 94.05K | $734.50K | 0.00% | Add |
| Deutsche Bank AG history | 80.48K | $628.54K | 0.00% | Add |
| Legal & General Investment Management America history | 53.08K | $414.52K | 0.00% | Reduce |
| CPP Investments history | 27.80K | $217.12K | 0.00% | Hold |
| Prudential Financial history | 26.07K | $203.57K | 0.00% | Reduce |
| Janus Henderson Group history | 22.44K | $175.62K | 0.00% | Hold |
| Manulife Financial history | 18.78K | $146.70K | 0.00% | Reduce |
| PNC Financial Services history | 332 | $2.59K | 0.00% | Add |
| T. Rowe Price Associates history | 107.02K | $836 | 0.00% | Add |
Q4 2025 — 34 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| BlackRock Inc history | 6.69M | $57.59M | 0.00% | Add |
| Vanguard Group history | 4.14M | $35.63M | 0.00% | Add |
| Goldman Sachs Group history | 3.79M | $32.64M | 0.00% | Reduce |
| Citadel Advisors history | 2.58M | $22.21M | 0.00% | Reduce |
| Geode Capital Management history | 1.78M | $15.36M | 0.00% | Add |
| Charles Schwab Investment Management history | 1.12M | $9.66M | 0.00% | Add |
| Two Sigma Investments history | 1.12M | $9.65M | 0.01% | Add |
| Citigroup Inc history | 1.09M | $9.38M | 0.00% | Reduce |
| Morgan Stanley history | 1.01M | $8.69M | 0.00% | Reduce |
| Wells Fargo & Co history | 793.52K | $6.83M | 0.00% | Reduce |
| Wellington Management Group history | 730.45K | $6.29M | 0.00% | Add |
| Northern Trust Corp history | 625.96K | $5.39M | 0.00% | Reduce |
| Arrowstreet Capital history | 579.55K | $4.99M | 0.00% | Add |
| JPMorgan Chase & Co history | 546.06K | $4.70M | 0.00% | Reduce |
| Fidelity Management & Research (FMR) history | 516.07K | $4.44M | 0.00% | Add |
| UBS Group AG history | 452.00K | $3.89M | 0.00% | Add |
| Millennium Management history | 358.75K | $3.09M | 0.00% | Add |
| Bank of America Corp history | 293.16K | $2.52M | 0.00% | Reduce |
| Norges Bank Investment Management history | 263.00K | $2.26M | 0.00% | Reduce |
| Renaissance Technologies history | 215.60K | $1.86M | 0.00% | Reduce |
| BNY Mellon history | 200.51K | $1.73M | 0.00% | Reduce |
| Invesco Ltd history | 144.29K | $1.24M | 0.00% | Reduce |
| Marshall Wace history | 97.23K | $837.15K | 0.00% | New |
| AQR Capital Management history | 85.50K | $736.14K | 0.00% | Hold |
| Deutsche Bank AG history | 68.94K | $593.61K | 0.00% | Add |
| Legal & General Investment Management America history | 58.05K | $499.83K | 0.00% | Hold |
| Franklin Resources history | 45.47K | $391.47K | 0.00% | Reduce |
| Prudential Financial history | 34.22K | $294.59K | 0.00% | Add |
| CPP Investments history | 27.80K | $239.36K | 0.00% | New |
| Point72 Asset Management history | 25.10K | $216.11K | 0.00% | Reduce |
| Janus Henderson Group history | 22.44K | $193.35K | 0.00% | Hold |
| Manulife Financial history | 19.48K | $167.74K | 0.00% | Reduce |
| T. Rowe Price Associates history | 94.42K | $813 | 0.00% | Add |
| PNC Financial Services history | 5 | $43 | 0.00% | New |
Q3 2025 — 31 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| BlackRock Inc history | 6.40M | $54.75M | 0.00% | Add |
| Goldman Sachs Group history | 4.39M | $37.59M | 0.01% | Add |
| Vanguard Group history | 3.96M | $33.88M | 0.00% | Add |
| Morgan Stanley history | 2.95M | $25.29M | 0.00% | Reduce |
| Citadel Advisors history | 2.94M | $25.14M | 0.00% | Add |
| Geode Capital Management history | 1.75M | $14.95M | 0.00% | Add |
| Citigroup Inc history | 1.12M | $9.61M | 0.00% | Reduce |
| Charles Schwab Investment Management history | 999.25K | $8.55M | 0.00% | Add |
| Two Sigma Investments history | 933.34K | $7.99M | 0.01% | Add |
| Wells Fargo & Co history | 828.23K | $7.09M | 0.00% | Add |
| Wellington Management Group history | 720.11K | $6.16M | 0.00% | Add |
| Northern Trust Corp history | 693.64K | $5.94M | 0.00% | Add |
| JPMorgan Chase & Co history | 642.74K | $5.50M | 0.00% | Add |
| Arrowstreet Capital history | 522.85K | $4.48M | 0.00% | Reduce |
| Fidelity Management & Research (FMR) history | 409.92K | $3.51M | 0.00% | Add |
| Bank of America Corp history | 357.75K | $3.06M | 0.00% | Add |
| UBS Group AG history | 336.21K | $2.88M | 0.00% | Reduce |
| Renaissance Technologies history | 259.90K | $2.22M | 0.00% | Reduce |
| BNY Mellon history | 203.05K | $1.74M | 0.00% | Add |
| Invesco Ltd history | 178.84K | $1.53M | 0.00% | Reduce |
| AQR Capital Management history | 85.25K | $729.75K | 0.00% | Add |
| Franklin Resources history | 80.45K | $688.63K | 0.00% | Reduce |
| Legal & General Investment Management America history | 57.87K | $495.40K | 0.00% | Hold |
| Point72 Asset Management history | 45.48K | $389.34K | 0.00% | New |
| Deutsche Bank AG history | 41.65K | $356.56K | 0.00% | Hold |
| Janus Henderson Group history | 22.44K | $192.23K | 0.00% | Hold |
| Manulife Financial history | 22.43K | $192.01K | 0.00% | Reduce |
| D. E. Shaw & Co history | 19.67K | $168.39K | 0.00% | Reduce |
| Prudential Financial history | 17.09K | $146.33K | 0.00% | Reduce |
| Millennium Management history | 13.31K | $113.93K | 0.00% | Reduce |
| T. Rowe Price Associates history | 90.83K | $778 | 0.00% | Add |
Q2 2025 — 32 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| BlackRock Inc history | 6.18M | $47.73M | 0.00% | Add |
| Morgan Stanley history | 4.00M | $30.89M | 0.00% | Hold |
| Vanguard Group history | 3.77M | $29.08M | 0.00% | Reduce |
| Goldman Sachs Group history | 3.76M | $29.05M | 0.00% | Reduce |
| Citadel Advisors history | 2.14M | $16.50M | 0.00% | Add |
| Geode Capital Management history | 1.64M | $12.66M | 0.00% | Add |
| Citigroup Inc history | 1.32M | $10.22M | 0.01% | Reduce |
| Balyasny Asset Management history | 980.20K | $7.57M | 0.01% | Add |
| Charles Schwab Investment Management history | 812.48K | $6.27M | 0.00% | Add |
| Two Sigma Investments history | 720.11K | $5.56M | 0.01% | Reduce |
| Arrowstreet Capital history | 707.36K | $5.46M | 0.00% | Reduce |
| Wellington Management Group history | 705.95K | $5.45M | 0.00% | Reduce |
| Northern Trust Corp history | 673.96K | $5.20M | 0.00% | Add |
| JPMorgan Chase & Co history | 595.33K | $4.60M | 0.00% | Reduce |
| UBS Group AG history | 535.33K | $4.13M | 0.00% | Add |
| Fidelity Management & Research (FMR) history | 361.99K | $2.79M | 0.00% | Reduce |
| Renaissance Technologies history | 360.10K | $2.78M | 0.00% | Reduce |
| Wells Fargo & Co history | 345.99K | $2.67M | 0.00% | Add |
| Norges Bank Investment Management history | 312.20K | $2.41M | 0.00% | New |
| Bank of America Corp history | 223.98K | $1.73M | 0.00% | Reduce |
| Invesco Ltd history | 204.45K | $1.58M | 0.00% | Reduce |
| BNY Mellon history | 195.87K | $1.51M | 0.00% | Add |
| Franklin Resources history | 159.71K | $1.23M | 0.00% | Add |
| AQR Capital Management history | 59.49K | $459.27K | 0.00% | Add |
| Legal & General Investment Management America history | 57.87K | $446.79K | 0.00% | Add |
| Deutsche Bank AG history | 41.65K | $321.57K | 0.00% | Reduce |
| D. E. Shaw & Co history | 41.11K | $317.37K | 0.00% | Reduce |
| Millennium Management history | 40.74K | $314.49K | 0.00% | Reduce |
| Manulife Financial history | 24.16K | $186.55K | 0.00% | Add |
| Janus Henderson Group history | 22.44K | $173.16K | 0.00% | Hold |
| Prudential Financial history | 19.09K | $147.41K | 0.00% | Reduce |
| T. Rowe Price Associates history | 88.82K | $686 | 0.00% | Add |
Q1 2025 — 31 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| BlackRock Inc history | 5.92M | $48.25M | 0.00% | Reduce |
| Vanguard Group history | 5.03M | $40.96M | 0.00% | Add |
| Morgan Stanley history | 4.00M | $32.61M | 0.00% | Add |
| Goldman Sachs Group history | 3.93M | $32.04M | 0.01% | Add |
| Citigroup Inc history | 1.90M | $15.51M | 0.01% | Hold |
| Geode Capital Management history | 1.52M | $12.42M | 0.00% | Add |
| Citadel Advisors history | 1.13M | $9.20M | 0.00% | Add |
| Two Sigma Investments history | 934.03K | $7.61M | 0.02% | Reduce |
| Arrowstreet Capital history | 777.33K | $6.34M | 0.01% | Reduce |
| JPMorgan Chase & Co history | 766.35K | $6.25M | 0.00% | Reduce |
| Wellington Management Group history | 745.42K | $6.08M | 0.00% | Add |
| Charles Schwab Investment Management history | 652.59K | $5.32M | 0.00% | Reduce |
| Northern Trust Corp history | 620.95K | $5.06M | 0.00% | Reduce |
| Renaissance Technologies history | 510.00K | $4.16M | 0.01% | Reduce |
| Fidelity Management & Research (FMR) history | 427.59K | $3.48M | 0.00% | Add |
| Millennium Management history | 364.58K | $2.97M | 0.00% | Reduce |
| UBS Group AG history | 335.48K | $2.73M | 0.00% | Reduce |
| Bank of America Corp history | 318.31K | $2.59M | 0.00% | Reduce |
| Balyasny Asset Management history | 284.47K | $2.32M | 0.00% | New |
| Invesco Ltd history | 244.50K | $1.99M | 0.00% | Reduce |
| Prudential Financial history | 177.56K | $1.45M | 0.00% | Reduce |
| BNY Mellon history | 174.09K | $1.42M | 0.00% | Reduce |
| Franklin Resources history | 158.89K | $1.29M | 0.00% | Add |
| D. E. Shaw & Co history | 107.69K | $877.69K | 0.00% | Reduce |
| Legal & General Investment Management America history | 57.09K | $465.32K | 0.00% | Hold |
| Deutsche Bank AG history | 50.27K | $409.68K | 0.00% | Reduce |
| Wells Fargo & Co history | 37.60K | $306.48K | 0.00% | Hold |
| Janus Henderson Group history | 22.44K | $180.11K | 0.00% | Hold |
| Manulife Financial history | 21.18K | $172.61K | 0.00% | Reduce |
| AQR Capital Management history | 15.58K | $126.94K | 0.00% | New |
| T. Rowe Price Associates history | 81.07K | $661 | 0.00% | Add |
New Positions (Q2 2026)
- JPMorgan Chase & Co 680.79K sh · $5.76M
- Balyasny Asset Management 632.03K sh · $5.29M
- D. E. Shaw & Co 13.00K sh · $108.84K
Fully Exited (vs previous quarter)
- Janus Henderson Group sold 22.44K sh · $175.62K
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 | 6.50M | 6.27M | 6.69M | 6.40M | 6.18M | 5.92M | 5.98M | 6.03M | — | — | — | — | — | — | — | — | — | — | — | — |
| Geode Capital Management | 1.96M | 1.84M | 1.78M | 1.75M | 1.64M | 1.52M | 1.46M | 1.46M | 1.37M | 1.45M | 1.44M | 1.37M | 1.33M | 1.24M | 1.20M | 1.15M | 1.10M | 1.02M | 1.06M | 1.07M |
| Goldman Sachs Group | 1.52M | 1.20M | 3.79M | 4.39M | 3.76M | 3.93M | 3.74M | 1.61M | 1.89M | 1.92M | 2.98M | 3.25M | 4.07M | 4.28M | 3.53M | 3.31M | 3.99M | 2.94M | 1.45M | 594.99K |
| Two Sigma Investments | 1.46M | 1.88M | 1.12M | 933.34K | 720.11K | 934.03K | 1.02M | 861.20K | 548.59K | 462.56K | 413.15K | 161.44K | 86.56K | — | — | 115.84K | 214.99K | 392.71K | 121.90K | 81.07K |
| Arrowstreet Capital | 1.27M | 929.57K | 579.55K | 522.85K | 707.36K | 777.33K | 1.02M | 534.23K | 184.81K | — | — | — | — | — | — | 19.66K | 75.20K | — | — | — |
| Citigroup Inc | 1.19M | 1.19M | 1.09M | 1.12M | 1.32M | 1.90M | 1.91M | 1.90M | 1.88M | 1.87M | 1.93M | 1.86M | 1.89M | 1.87M | 1.91M | 1.92M | 1.92M | 2.00M | 2.10M | 2.10M |
| Morgan Stanley | 1.19M | 966.86K | 1.01M | 2.95M | 4.00M | 4.00M | 3.77M | 3.44M | 278.13K | 238.19K | 286.83K | 225.39K | 174.10K | 99.23K | 138.60K | 206.22K | 172.47K | 95.13K | 73.00K | 65.99K |
| Charles Schwab Investment Management | 1.06M | 1.13M | 1.12M | 999.25K | 812.48K | 652.59K | 737.08K | 945.57K | 1.11M | 1.33M | 1.23M | 1.12M | 1.02M | 910.55K | 836.62K | 761.67K | 720.46K | 671.03K | 647.99K | 573.12K |
| Fidelity Management & Research (FMR) | 861.52K | 719.83K | 516.07K | 409.92K | 361.99K | 427.59K | 353.10K | 259.21K | 201.25K | 121.22K | 120.26K | 133.50K | 126.88K | 128.40K | 78.51K | 56.38K | 57.35K | 55.80K | 14 | 15 |
| Northern Trust Corp | 746.00K | 672.03K | 625.96K | 693.64K | 673.96K | 620.95K | 629.45K | 544.80K | 599.44K | 636.76K | 628.53K | 620.70K | 612.42K | 640.81K | 638.39K | 626.68K | 626.99K | 572.59K | 590.22K | 608.70K |
| Wellington Management Group | 712.44K | 713.62K | 730.45K | 720.11K | 705.95K | 745.42K | 703.90K | — | — | — | — | — | — | — | — | — | — | — | — | — |
| JPMorgan Chase & Co | 680.79K | — | 546.06K | 642.74K | 595.33K | 766.35K | 776.26K | 868.23K | 1.45M | 400.08K | 342.09K | 100.24K | 138.02K | 148.57K | 496.49K | 606.50K | 616.37K | 676.70K | 970.68K | 973.89K |
| UBS Group AG | 684.22K | 595.64K | 452.00K | 336.21K | 535.33K | 335.48K | 704.38K | 387.84K | 288.68K | 229.83K | 235.70K | 197.40K | 205.37K | 196.92K | 82.25K | 139.50K | 76.62K | 32.75K | 46.14K | 15.13K |
| Balyasny Asset Management | 632.03K | — | — | — | 980.20K | 284.47K | — | — | — | — | 312.94K | — | — | — | 90.08K | 489.56K | 646.74K | 616.00K | 408.81K | 497.36K |
| Franklin Resources | 576.71K | 513.14K | 45.47K | 80.45K | 159.71K | 158.89K | 155.19K | 156.44K | 73.63K | 10.05K | 10.03K | — | — | — | — | — | — | — | — | — |
| Wells Fargo & Co | 571.63K | 735.87K | 793.52K | 828.23K | 345.99K | 37.60K | 37.76K | 29.94K | 27.77K | 27.56K | 25.38K | 19.43K | 28.96K | 14.94K | 6.24K | 459.21K | 526.99K | 445.99K | 432.96K | 548.61K |
| Norges Bank Investment Management | 288.80K | — | 263.00K | — | 312.20K | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Bank of America Corp | 270.65K | 258.86K | 293.16K | 357.75K | 223.98K | 318.31K | 426.17K | 285.67K | 260.46K | 222.23K | 505.62K | 562.07K | 738.40K | 843.81K | 329.99K | 270.60K | 181.42K | 40.46K | 74.64K | 57.24K |
| BNY Mellon | 211.23K | 198.26K | 200.51K | 203.05K | 195.87K | 174.09K | 181.37K | 176.90K | 221.35K | 229.68K | 245.10K | 237.36K | 239.83K | 238.76K | 244.33K | 271.06K | 242.12K | 248.99K | 255.88K | 256.39K |
| AQR Capital Management | 184.23K | 94.05K | 85.50K | 85.25K | 59.49K | 15.58K | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
▲ 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