TPG RE Finance Trust, Inc.
US ˙ NYSE ˙ US87266M1071

SecurityTRTX / TPG RE Finance Trust, Inc.
InstitutionUBS Group AG
Latest Disclosed Ownership595,636 shares
Latest Disclosed Value $ 4,651,917
UBS Group AG reports 31.78% increase in ownership of TRTX / TPG RE Finance Trust, Inc.

On May 5, 2026 - UBS Group AG filed a 13F-HR form disclosing ownership of 595,636 shares of TPG RE Finance Trust, Inc. (US:TRTX) valued at $4,651,917 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 29, 2026 disclosing 451,997 shares of TPG RE Finance Trust, Inc.. This represents a change in shares of 31.78% during the quarter. The current value of the position is $5,033,124 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-05 2026-03-31 13F TPG RE FIN TR COM 87266M107 595,636 143,639 31.78 4,652 19.53 0.0001
2026-01-29 2025-12-31 13F TPG RE FIN TR COM 87266M107 451,997 115,787 34.44 3,892 35.25 0.0001
2025-11-13 2025-09-30 13F TPG RE FIN TR COM 87266M107 336,210 -199,117 -37.20 2,878 -30.37 0.0005
2025-08-14 2025-06-30 13F TPG RE FIN TR COM 87266M107 535,327 199,849 59.57 4,133 51.13 0.0007
2025-05-13 2025-03-31 13F TPG RE FIN TR COM 87266M107 335,478 -368,898 -52.37 2,734 -54.33 0.0005
2025-02-14 2024-12-31 13F TPG RE FIN TR COM 87266M107 704,376 316,538 81.62 5,987 80.99 0.0011
2024-11-14 2024-09-30 13F TPG RE FIN TR COM 87266M107 387,838 99,160 34.35 3,308 32.64 0.0007
2024-08-14 2024-06-30 13F TPG RE FIN TR COM 87266M107 288,678 58,849 25.61 2,494 40.59 0.0006
2024-05-13 2024-03-31 13F TPG RE FIN TR COM 87266M107 229,829 -5,867 -2.49 1,774 15.80 0.0004
2024-02-09 2023-12-31 13F TPG RE FIN TR COM 87266M107 235,696 38,299 19.40 1,532 15.36 0.0005
2023-11-09 2023-09-30 13F TPG RE FIN TR COM 87266M107 197,397 -7,969 -3.88 1,328 -12.69 0.0005
2023-08-11 2023-06-30 13F TPG RE FIN TR COM 87266M107 205,366 8,445 4.29 1,522 6.44 0.0005
2023-05-12 2023-03-31 13F TPG RE FIN TR COM 87266M107 196,921 114,671 139.42 1,430 156.09 0.0005
2023-02-08 2022-12-31 13F TPG RE FIN TR COM 87266M107 82,250 -57,246 -41.04 558 -42.83 0.0002
2022-11-10 2022-09-30 13F TPG RE FIN TR COM 87266M107 139,496 62,877 82.06 976 41.45 0.0004
2022-08-10 2022-06-30 13F TPG RE FIN TR COM 87266M107 76,619 43,870 133.96 690 78.76 0.0003
2022-05-16 2022-03-31 13F TPG RE FIN TR COM 87266M107 32,749 -13,388 -29.02 386 -32.04 0.0001
2022-02-14 2021-12-31 13F TPG RE FIN TR COM 87266M107 46,137 31,005 204.90 568 203.74 0.0002
2021-11-15 2021-09-30 13F TPG RE FIN TR COM 87266M107 15,132 -485 -3.11 187 -10.95 0.0001
2021-08-13 2021-06-30 13F TPG RE FIN TR COM 87266M107 15,617 -38,109 -70.93 210 -65.12 0.0001
2021-05-12 2021-03-31 13F TPG RE FIN TR COM 87266M107 53,726 11,856 28.32 602 35.28 0.0002
2021-02-11 2020-12-31 13F TPG RE FIN TR COM 87266M107 41,870 -25,738 -38.07 445 -22.20 0.0002
2020-11-12 2020-09-30 13F TPG RE FIN TR COM 87266M107 67,608 -555 -0.81 572 -2.39 0.0002
2020-07-31 2020-06-30 13F TPG RE FIN TR COM 87266M107 68,163 29,926 78.26 586 179.05 0.0002
2020-05-01 2020-03-31 13F TPG RE FIN TR COM 87266M107 38,237 -1,072,397 -96.56 210 -99.07 0.0001
2020-02-14 2019-12-31 13F TPG RE FIN TR COM 87266M107 1,110,634 388,234 53.74 22,513 57.07 0.0078
2019-11-14 2019-09-30 13F TPG RE FIN TR COM 87266M107 722,400 1,190 0.17 14,333 3.03 0.0055
2019-08-14 2019-06-30 13F TPG RE FIN TR COM 87266M107 721,210 -56,460 -7.26 13,912 -8.73 0.0054
2019-05-14 2019-03-31 13F TPG RE FIN TR COM 87266M107 777,670 722,665 1,313.82 15,243 1,416.72 0.0063
2019-02-14 2018-12-31 13F TPG RE FIN TR COM 87266M107 55,005 20,300 58.49 1,005 44.60 0.0005
2018-11-14 2018-09-30 13F TPG RE FIN TR COM 87266M107 34,705 8,338 31.62 695 29.66 0.0003
2018-08-14 2018-06-30 13F TPG RE FIN TR COM 87266M107 26,367 22,456 574.18 536 587.18 0.0002
2018-05-15 2018-03-31 13F TPG RE FIN TR COM 87266M107 3,911 2,949 306.55 78 333.33 0.0000
2018-02-14 2017-12-31 13F TPG RE FIN TR COM 87266M107 962 754 362.50 18 350.00 0.0000
2017-11-14 2017-09-30 13F TPG RE FIN TR COM 87266M107 208 208 4 0.0000
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.