NexPoint Real Estate Finance, Inc.
NexPoint Real Estate Finance, Inc. (NREF) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · NREF · as of Sep 30, 2025
Ownership Breakdown
76
Institutional Holders
▼ 1 vs Q2
$168.09M
Total Inst. Value
▲ $5.81M vs Q2
18.85M
Shares Outstanding
freeFloat 90.86%
11.85M
13F Shares Held
▲ 85,279 vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
NREF largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
NEXPOINT ASSET MANAGEMENT, L.P. real estate investment trusts | 8.59M | 48.48% | 48.48% | $121.77B | Nov 14, 2025 | — held |
BLACKROCK, INC. real estate investment trusts | 616.6K | 3.48% | 3.48% | $8.74B | Nov 12, 2025 | ▼ 6.9K |
VANGUARD GROUP INC real estate investment trusts | 432.1K | 2.44% | 2.44% | $6.13B | Nov 7, 2025 | ▼ 2.7K |
RAYMOND JAMES FINANCIAL INC real estate investment trusts | 308.5K | 1.74% | 1.74% | $4.37B | Nov 14, 2025 | ▲ 3.2K |
GEODE CAPITAL MANAGEMENT, LLC real estate investment trusts | 186.0K | 1.05% | 1.05% | $2.64B | Nov 12, 2025 | ▼ 15.4K |
STATE STREET CORP real estate investment trusts | 171.2K | 96.67% | 96.67% | $2.43B | Nov 14, 2025 | ▲ 9.1K |
MORGAN STANLEY real estate investment trusts | 165.4K | 93.40% | 93.40% | $2.35B | May 27, 2026 | ▲ 7.1K |
MILLENNIUM MANAGEMENT LLC real estate investment trusts | 140.0K | 79.02% | 79.02% | $1.98B | Nov 14, 2025 | ▼ 5.6K |
COPLEY FINANCIAL GROUP, INC. real estate investment trusts | 113.8K | 64.27% | 64.27% | $1.61B | Nov 18, 2025 | ▲ 75.9K |
O'SHAUGHNESSY ASSET MANAGEMENT, LLC real estate investment trusts | 111.0K | 62.68% | 62.68% | $1.57B | Nov 13, 2025 | ▲ 16.2K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
25
Increased
+229.7K shares5
New Positions
first time holders14
Decreased
−59.3K shares0
Sold Out
fully exitedNet shares change (top 50)
+170.4K
+229.7K / −59.3K
Net new holders
+16
5 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
NREF insider trading · insider activity
Source: SEC Form 4
1
Buy transactions
1
Sell transactions
1.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
Wood Catherine D. director | Apr 2, 2026 | Award | 6,154 | — | — | 6.2K | Form 4 ↗ |
Swain Carol director | Apr 3, 2026 | D-Return | 2,759 | — | — | 11.6K | Form 4 ↗ |
Swain Carol director | Apr 2, 2026 | Award | 6,154 | — | — | 6.2K | Form 4 ↗ |
Sauter Dennis Charles Jr General Counsel and Secretary | Apr 4, 2026 | Tax Withhold | 1,229 | $13.36 | $16.4K | 33.0K | Form 4 ↗ |
Sauter Dennis Charles Jr General Counsel and Secretary | Apr 2, 2026 | Award | 32,308 | — | — | 32.3K | Form 4 ↗ |
Sauter Dennis Charles Jr General Counsel and Secretary | Apr 3, 2026 | Tax Withhold | 1,470 | $13.36 | $19.6K | 31.0K | Form 4 ↗ |
Richards Paul See Remarks | Apr 4, 2026 | Tax Withhold | 4,044 | $13.36 | $54.0K | 65.7K | Form 4 ↗ |
Richards Paul See Remarks | Apr 3, 2026 | Tax Withhold | 6,825 | $13.36 | $91.2K | 62.8K | Form 4 ↗ |
Richards Paul See Remarks | Apr 2, 2026 | Award | 61,347 | — | — | 61.3K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
NexPoint Real Estate Finance, Inc. (NREF) is primarily owned by institutional investors, who hold approximately 62.9% of total shares outstanding. Company insiders own approximately 9.14%, while retail and public investors account for the remaining 27.98%.
The largest institutional shareholder of NexPoint Real Estate Finance, Inc. is NEXPOINT ASSET MANAGEMENT, L.P., holding approximately 8.59 million shares — equal to 48.48% of outstanding shares — as of September 30, 2025.
A total of 76 institutional investors currently hold NREF stock, with a combined institutional value of approximately $168,090,168 as of the most recent 13F filing period.
Frequently asked questions
NREF ownershipNexPoint Real Estate Finance, Inc. (NREF) is primarily owned by institutional investors, who hold approximately 62.9% of shares. The largest shareholder is NEXPOINT ASSET MANAGEMENT, L.P. with a 48.48% stake. Company insiders hold 9.14%. Data sourced from SEC Form 13F as of September 30, 2025.