NEXPOINT ASSET MANAGEMENT, L.P.

Holdings History for NexPoint Real Estate Finance, Inc. - Common Stock, par value $0.01 per share (NREF)

Symbol: NREF on NYSE
Investment type: Equity / Common Stock, par value $0.01 per share

Shares, Excluding Options vs Price

Value, Excluding Options

Holdings date	Weight	Change	Value $	Shares	Change	Activity %	Price	All Holders
31 Dec 2025	9.3%	+0.84%	$132,910,062	9,439,635	+852,271	+9.9%	$14.08	Q4 2025
30 Sep 2025	11%	0%	$121,768,828	8,587,364	0		$14.18	Q3 2025
30 Jun 2025	11%	0%	$118,419,749	8,587,364	0		$13.79	Q2 2025
31 Mar 2025	12%	0%	$131,300,813	8,587,364	0		$15.29	Q1 2025
31 Dec 2024	16%	0%	$134,735,749	8,587,364	0		$15.69	Q4 2024
30 Sep 2024	16%	0%	$134,220,507	8,587,364	0		$15.63	Q3 2024
30 Jun 2024	16%	0%	$117,818,642	8,587,364	0		$13.72	Q2 2024
31 Mar 2024	19%	0%	$123,314,555	8,587,364	0		$14.36	Q1 2024
31 Dec 2023	21%	0%	$135,250,992	8,587,364	0		$15.75	Q4 2023
30 Sep 2023	20%	0%	$140,489,284	8,587,364	0		$16.36	Q3 2023
30 Jun 2023	20%	+0.82%	$133,877,013	8,587,364	+350,000	+4.2%	$15.59	Q2 2023
31 Mar 2023	14%	+3.1%	$129,079,494	8,237,364	+1,779,153	+28%	$15.67	Q1 2023
31 Dec 2022	8%	0%	$102,620,973	6,458,211	0		$15.89	Q4 2022
30 Sep 2022	6.5%	0%	$96,744,000	6,458,211	0		$14.98	Q3 2022
30 Jun 2022	12%	0%	$130,908,000	6,458,211	0		$20.27	Q2 2022
31 Mar 2022	20%	+15%	$145,956,000	6,458,211	+4,774,626	+284%	$22.60	Q1 2022
31 Dec 2021	4.6%	0%	$32,409,000	1,683,585	0		$19.25	Q4 2021
30 Sep 2021	5.7%	+5%	$32,796,000	1,683,585	+1,479,132	+723%	$19.48	Q3 2021
30 Jun 2021	0.94%	0%	$4,271,000	204,453	0		$20.89	Q2 2021
31 Mar 2021	1%	0%	$3,799,000	204,453	0		$18.58	Q1 2021
31 Dec 2020	1.1%	0%	$3,377,000	204,453	0		$16.52	Q4 2020
30 Sep 2020	0.68%	0%	$3,002,000	204,453	0		$14.68	Q3 2020
30 Jun 2020	0.79%	+0.54%	$3,424,000	204,453	+138,753	+211%	$16.75	Q2 2020
31 Mar 2020	0.15%	+0.15%	$634,000	65,700	+65,700	NEW	$9.65	Q1 2020

* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.