Latest Period
Q4 2025
Security Snapshot
TPG RE Finance Trust, Inc. - Common Stock, par value $0.001 per share (TRTX) Institutional Ownership
CUSIP: 87266M107
13F Institutional Holders and Ownership History from Q3 2017 to Q1 2026
Institutions Reporting
153
Shares (Excl. Options)
59,338,270
Price
$8.61
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- Type / Class
- Equity / Common Stock, par value $0.001 per share
- Symbol
- TRTX on NYSE
- Shares outstanding
- 78,421,000
- Price per share
- $7.81
- All holders as of 31 Dec 2025
- Q4 2025
- Total 13F shares
- 59,338,270
- Total reported value
- $511,340,385
- % of total 13F portfolios
- 0%
- Share change
- +952,615
- Value change
- +$8,243,441
- Number of holders
- 153
- Price from insider filings
- $7.81
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors
Quick Takeaways
- TRTX - TPG RE Finance Trust, Inc. - Common Stock, par value $0.001 per share is tracked under CUSIP 87266M107.
- 153 institutions reported positions in Q4 2025.
- 4 significant owners is listed from Schedule 13D/13G reporting.
What Changed
- Holder count moved from 153 to 40 between Q4 2025 and Q1 2026.
- Reported value moved from $511,340,385 to $40,865,666.
Why This Matters
- You can quickly see who holds this security, then open quarter and manager detail pages for full evidence.
- 13F and Schedule 13D/13G sections are kept together so you can cross-check institutional and beneficial ownership context.
Source Evidence
Source: SEC Form 13F
Open SEC Evidence
Latest holder context comes from 153 institutions filings for Q4 2025.
Investment Quick Answers
What is CUSIP 87266M107?
CUSIP 87266M107 identifies TRTX - TPG RE Finance Trust, Inc. - Common Stock, par value $0.001 per share in SEC 13F datasets.
Where can I see the latest institutional holders?
Review the Q4 2025 holders report and the ownership history table below.
Next ownership checks
Use the next link that matches the question you still need to answer about this security.
- Latest 13F filings when you want to inspect fresh institutional portfolio moves.
- Latest Schedule 13D/13G reports when you need large-owner changes outside the 13F cycle.
- All institutional ownership pages to compare this security with other holder-history pages.
Recent Quarterly Holder Reports
Open recent reporting periods for CUSIP 87266M107:
Significant Owners of TPG RE Finance Trust, Inc. - Common Stock, par value $0.001 per share (TRTX) based on Schedule 13D/G filings
| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| Long Pond Capital, LP | 9% | $54,119,869 | 7,303,626 | Long Pond Capital, LP | 31 Dec 2024 | |||
| BlackRock, Inc. | 6.5% | $39,291,147 | 5,302,449 | BlackRock, Inc. | 31 Mar 2025 | |||
| GRATIA CAPITAL, LLC | 3.7% | -32% | $22,661,316 | -$11,321,524 | 2,901,577 | -33% | Steve Pei | 17 Apr 2026 |
| TPG GP A, LLC | 3.2% | $21,332,975 | 2,492,170 | James G. Coulter | 30 Sep 2025 |
As of 31 Dec 2025, 153 institutional investors reported holding 59,338,270 shares of TPG RE Finance Trust, Inc. - Common Stock, par value $0.001 per share (TRTX). This represents 76% of the company’s total 78,421,000 outstanding shares.
Top 25 Institutional Shareholders
The largest institutional shareholders of TPG RE Finance Trust, Inc. - Common Stock, par value $0.001 per share (TRTX) together control 63% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| Long Pond Capital, LP | 9% | 7,032,626 | +1.9% | 7.1% | $60,550,910 |
| BlackRock, Inc. | 8.5% | 6,688,711 | +4.6% | 0% | $57,589,800 |
| VANGUARD GROUP INC | 5.3% | 4,138,380 | +4.6% | 0% | $35,631,451 |
| GOLDMAN SACHS GROUP INC | 4.8% | 3,791,398 | -14% | 0% | $32,643,938 |
| State of New Jersey Common Pension Fund A | 4% | 3,149,148 | 0% | 10% | $27,114,164 |
| Nan Shan Life Insurance Co., Ltd. | 3.6% | 2,821,091 | 0% | 0.75% | $24,289,594 |
| TPG GP A, LLC | 3.1% | 2,392,863 | 0% | 0.77% | $20,602,550 |
| GRATIA CAPITAL, LLC | 2.6% | 2,031,368 | -5.9% | 16% | $17,490,078 |
| STATE STREET CORP | 2.3% | 1,793,778 | +3.8% | 0% | $15,861,399 |
| GEODE CAPITAL MANAGEMENT, LLC | 2.3% | 1,783,107 | +2.1% | 0% | $15,356,542 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 2.2% | 1,686,372 | +7.7% | 0.02% | $14,519,663 |
| TWO SIGMA ADVISERS, LP | 1.8% | 1,446,300 | +20% | 0.02% | $12,452,643 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.4% | 1,121,867 | +12% | 0% | $9,659,275 |
| TWO SIGMA INVESTMENTS, LP | 1.4% | 1,121,137 | +20% | 0.01% | $9,652,990 |
| CITIGROUP INC | 1.4% | 1,089,112 | -3% | 0.01% | $9,377,254 |
| MORGAN STANLEY | 1.3% | 1,008,925 | -66% | 0% | $8,686,850 |
| Qube Research & Technologies Ltd | 1.2% | 978,702 | +39% | 0.01% | $8,426,624 |
| Solel Partners LP | 1.1% | 873,686 | 0% | 1.2% | $7,522,436 |
| WELLINGTON MANAGEMENT GROUP LLP | 0.93% | 730,452 | +1.4% | 0% | $6,289,192 |
| DIMENSION CAPITAL MANAGEMENT LLC | 0.88% | 692,947 | +2% | 0.84% | $5,966,274 |
| CONDOR CAPITAL MANAGEMENT | 0.82% | 646,943 | -2.2% | 0.45% | $5,570,186 |
| Q Global Advisors, LLC | 0.8% | 629,103 | +22% | 5.3% | $5,417,000 |
| NORTHERN TRUST CORP | 0.8% | 625,963 | -9.8% | 0% | $5,389,541 |
| VAN ECK ASSOCIATES CORP | 0.74% | 581,185 | +9.5% | 0% | $5,004,000 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 0.74% | 579,546 | +11% | 0% | $4,989,891 |
Institutional Holders of TPG RE Finance Trust, Inc. - Common Stock, par value $0.001 per share (TRTX) across Reporting Periods
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2026 Q1 | 5,228,807 | $40,865,666 | +$1,162,771 | $7.81 | 40 |
| 2025 Q4 | 59,338,270 | $511,340,385 | +$8,243,441 | $8.61 | 153 |
| 2025 Q3 | 58,417,922 | $500,479,009 | -$29,407,033 | $8.56 | 139 |
| 2025 Q2 | 62,047,711 | $479,392,505 | -$7,241,822 | $7.72 | 135 |
| 2025 Q1 | 62,926,175 | $513,232,011 | -$13,463,365 | $8.15 | 146 |
| 2024 Q4 | 64,748,291 | $550,745,323 | +$88,918,224 | $8.50 | 155 |
| 2024 Q3 | 54,202,009 | $462,678,930 | +$67,858,991 | $8.53 | 149 |
| 2024 Q2 | 45,421,998 | $392,828,457 | +$8,650,590 | $8.64 | 133 |
| 2024 Q1 | 44,482,044 | $343,757,075 | +$6,614,097 | $7.72 | 122 |
| 2023 Q4 | 44,339,329 | $288,607,068 | -$3,301,525 | $6.50 | 114 |
| 2023 Q3 | 44,789,117 | $301,814,496 | +$2,232,854 | $6.73 | 117 |
| 2023 Q2 | 44,451,644 | $329,763,284 | +$3,640,388 | $7.41 | 109 |
| 2023 Q1 | 43,953,010 | $319,521,223 | -$2,860,852 | $7.26 | 107 |
| 2022 Q4 | 44,444,032 | $302,322,430 | +$1,236,724 | $6.79 | 114 |
| 2022 Q3 | 44,002,661 | $308,835,106 | -$1,792,260 | $7.00 | 126 |
| 2022 Q2 | 44,153,320 | $399,168,782 | +$5,471,158 | $9.01 | 123 |
| 2022 Q1 | 43,535,630 | $514,591,066 | +$18,087,765 | $11.81 | 122 |
| 2021 Q4 | 41,931,689 | $517,456,531 | -$5,642,909 | $12.32 | 113 |
| 2021 Q3 | 42,088,534 | $522,120,842 | +$23,259,397 | $12.38 | 108 |
| 2021 Q2 | 40,204,704 | $541,235,595 | -$13,005,391 | $13.45 | 105 |
| 2021 Q1 | 41,342,249 | $463,716,581 | +$936,509 | $11.20 | 104 |
| 2020 Q4 | 41,434,240 | $440,275,418 | -$24,207,249 | $10.62 | 117 |
| 2020 Q3 | 45,327,903 | $384,437,990 | +$2,079,491 | $8.46 | 115 |
| 2020 Q2 | 45,073,537 | $387,960,875 | +$12,846,239 | $8.60 | 117 |
| 2020 Q1 | 45,162,821 | $354,973,029 | +$65,086,065 | $5.49 | 133 |
| 2019 Q4 | 45,337,292 | $920,366,356 | +$49,299,761 | $20.27 | 153 |
| 2019 Q3 | 38,545,570 | $766,049,322 | -$30,188,228 | $19.84 | 125 |
| 2019 Q2 | 38,172,141 | $736,784,516 | -$86,918,573 | $19.29 | 120 |
| 2019 Q1 | 42,799,752 | $839,090,050 | +$256,737,565 | $19.60 | 127 |
| 2018 Q4 | 29,732,202 | $543,396,872 | -$12,383,978 | $18.28 | 103 |
| 2018 Q3 | 30,265,132 | $605,770,735 | +$116,196,177 | $20.02 | 97 |
| 2018 Q2 | 24,455,859 | $496,801,241 | +$2,207,398 | $20.32 | 68 |
| 2018 Q1 | 23,932,872 | $476,029,401 | +$99,497,313 | $19.89 | 63 |
| 2017 Q4 | 19,197,617 | $365,716,722 | -$2,370,377 | $19.05 | 56 |
| 2017 Q3 | 19,301,432 | $381,648,085 | +$381,648,085 | $19.77 | 53 |