NexPoint Real Estate Finance, Inc. - Common Stock, par value $0.01 per share (NREF) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2020 to Q4 2025

Type / Class
Equity / Common Stock, par value $0.01 per share
Symbol
NREF on NYSE
Shares outstanding
18,581,903
Price per share
$14.08
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
11,781,478
Total reported value
$167,070,114
% of total 13F portfolios
0%
Share change
+53,483
Value change
+$805,030
Number of holders
74
Price from insider filings
$14.08
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of NexPoint Real Estate Finance, Inc. - Common Stock, par value $0.01 per share (NREF) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
DONDERO JAMES D 54% $151,617,183 10,034,228 DONDERO JAMES D 30 Dec 2025

As of 30 Sep 2025, 74 institutional investors reported holding 11,781,478 shares of NexPoint Real Estate Finance, Inc. - Common Stock, par value $0.01 per share (NREF). This represents 63% of the company’s total 18,581,903 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of NexPoint Real Estate Finance, Inc. - Common Stock, par value $0.01 per share (NREF) together control 62% 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
NEXPOINT ASSET MANAGEMENT, L.P. 46% 8,587,364 0% 11% $121,768,828
BlackRock, Inc. 3.3% 616,620 -1.1% 0% $8,743,671
VANGUARD GROUP INC 2.3% 432,127 -0.62% 0% $6,127,561
RAYMOND JAMES FINANCIAL INC 1.7% 308,477 +1% 0% $4,374,202
GEODE CAPITAL MANAGEMENT, LLC 1% 185,954 -7.6% 0% $2,637,632
STATE STREET CORP 0.92% 171,226 +5.6% 0% $2,427,985
MORGAN STANLEY 0.89% 165,435 +4.5% 0% $2,345,881
MILLENNIUM MANAGEMENT LLC 0.75% 139,964 -3.9% 0% $1,984,690
Copley Financial Group, Inc. 0.61% 113,834 +200% 1.1% $1,614,167
O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.6% 111,021 +17% 0.01% $1,574,278
GOLDMAN SACHS GROUP INC 0.52% 96,208 +117% 0% $1,364,230
1776 Wealth LLC 0.39% 72,458 +4.8% 0.4% $1,027,454
Penserra Capital Management LLC 0.38% 71,246 +3.5% 0.01% $1,010,000
WEDBUSH SECURITIES INC 0.38% 70,357 -8.5% 0.03% $998,000
RITHOLTZ WEALTH MANAGEMENT 0.36% 67,406 +19% 0.02% $955,816
NORTHERN TRUST CORP 0.31% 56,729 -9.5% 0% $804,417
Summit Asset Management, LLC 0.22% 40,083 0% 0.09% $568,377
Berkeley Capital Partners, LLC 0.21% 39,860 -0.17% 0.13% $565,215
Morey & Quinn Wealth Partners, LLC 0.21% 38,289 -3.4% 0.4% $542,939
LPL Financial LLC 0.2% 36,577 +30% 0% $518,662
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.14% 26,357 +9.9% 0% $373,742
HighTower Advisors, LLC 0.13% 24,669 0% 0% $349,806
BANK OF AMERICA CORP /DE/ 0.12% 22,385 +2.2% 0% $317,419
BARCLAYS PLC 0.12% 21,907 -6.8% 0% $310,641
Concorde Asset Management, LLC 0.12% 21,370 -1.6% 0.13% $301,531

Institutional Holders of NexPoint Real Estate Finance, Inc. - Common Stock, par value $0.01 per share (NREF) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 9,054 $127,397 -$14,558 $14.08 5
2025 Q3 11,781,478 $167,070,114 +$805,030 $14.18 74
2025 Q2 11,714,526 $161,544,660 +$34,559 $13.79 74
2025 Q1 11,730,568 $179,319,930 +$69,854 $15.29 74
2024 Q4 11,734,384 $184,114,276 +$651,063 $15.69 76
2024 Q3 11,726,984 $183,293,384 -$1,318,199 $15.63 67
2024 Q2 11,783,462 $161,667,417 +$1,209,229 $13.72 65
2024 Q1 11,684,656 $167,727,137 -$300,189 $14.36 60
2023 Q4 11,561,996 $182,103,325 -$428,190 $15.75 57
2023 Q3 11,688,801 $191,132,275 -$1,115,147 $16.36 57
2023 Q2 11,754,939 $183,257,392 +$6,213,206 $15.59 53
2023 Q1 11,334,601 $177,610,356 +$26,325,972 $15.67 53
2022 Q4 9,829,010 $156,180,162 +$336,805 $15.89 58
2022 Q3 9,396,728 $140,767,000 -$4,449,363 $14.98 49
2022 Q2 9,940,220 $201,482,205 +$17,879,363 $20.27 68
2022 Q1 9,074,597 $205,059,165 +$114,181,588 $22.60 53
2021 Q4 4,053,049 $78,014,536 +$1,415,988 $19.25 44
2021 Q3 3,940,016 $76,748,290 +$37,432,119 $19.48 38
2021 Q2 2,016,940 $42,126,244 -$887,404 $20.89 34
2021 Q1 2,084,549 $38,731,000 +$326,000 $18.58 27
2020 Q4 31 $1,000 -$7,611,989 $32.26 1
2020 Q3 2,909,016 $42,705,000 -$2,373,337 $14.68 32
2020 Q2 3,065,610 $51,350,000 +$2,269,243 $16.75 27
2020 Q1 3,017,196 $29,116,000 +$29,103,008 $9.65 26