Who owns NexPoint Diversified Real Estate Trust (NXDT)
Which tracked institutional funds hold NXDT, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See NXDT company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
12 tracked funds added or opened NXDT while 5 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
NXDT’s largest tracked holder by dollar value, NEXPOINT ASSET MANAGEMENT, L.P., sizes it at 1.9% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.9pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in NXDT divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 119 tracked filers holding NXDT, 75 increased or opened the position and 49 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in NXDT between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
Full exits 1
- Cambridge Investment Research Advisors, Inc.$2M
Largest adds
- RAYMOND JAMES FINANCIAL INC$7M
- NEXPOINT ASSET MANAGEMENT, L.P.$3M
- BlackRock, Inc.$3M
- TCW GROUP INC$742K
- GEODE CAPITAL MANAGEMENT, LLC$702K
- Matisse Capital$573K
Largest trims
- Nuveen, LLC$687K
- JANE STREET GROUP, LLC$308K
- UBS Group AG$305K
- EverSource Wealth Advisors, LLC$286K
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| NEXPOINT ASSET MANAGEMENT, L.P. added | 5,481,827 | $28M | 21.0% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 4,166,954 | $22M | 16.0% | 2026-Q2 |
| BlackRock, Inc. added | 3,327,599 | $17M | 12.8% | 2026-Q2 |
| MORGAN STANLEY trimmed | 2,243,416 | $12M | 8.6% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC trimmed | 1,646,158 | $9M | 6.3% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,034,651 | $5M | 4.0% | 2026-Q2 |
| Matisse Capital added | 923,630 | $5M | 3.5% | 2026-Q2 |
| TCW GROUP INC added | 923,518 | $5M | 3.5% | 2026-Q2 |
| STATE STREET CORP trimmed | 872,223 | $5M | 3.3% | 2026-Q2 |
| OPPENHEIMER & CO INC added | 427,148 | $2M | 1.6% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 380,625 | $2M | 1.5% | 2026-Q2 |
| Concorde Asset Management, LLC added | 303,434 | $2M | 1.2% | 2026-Q2 |
| NORTHERN TRUST CORP added | 302,818 | $2M | 1.2% | 2026-Q2 |
| Bulldog Investors, LLP added | 300,011 | $2M | 1.2% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 275,717 | $1M | 1.1% | 2026-Q2 |
| Camelot Portfolios, LLC trimmed | 257,035 | $1M | 1.0% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 248,044 | $1M | 1.0% | 2026-Q2 |
| MADDEN SECURITIES Corp added | 231,714 | $1M | 0.9% | 2026-Q2 |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV added | 185,131 | $961K | 0.7% | 2026-Q2 |
| UBS Group AG trimmed | 138,906 | $721K | 0.5% | 2026-Q2 |
| GatePass Capital, LLC trimmed | 137,508 | $714K | 0.5% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 127,175 | $660K | 0.5% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 117,839 | $612K | 0.5% | 2026-Q2 |
| Quantinno Capital Management LP added | 115,704 | $601K | 0.4% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 115,569 | $600K | 0.4% | 2026-Q2 |
| Nuveen, LLC trimmed | 113,184 | $587K | 0.4% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 103,440 | $537K | 0.4% | 2026-Q2 |
| Odyssean, LLC added | 94,837 | $492K | 0.4% | 2026-Q2 |
| FULLER & THALER ASSET MANAGEMENT, INC. added | 92,857 | $482K | 0.4% | 2026-Q2 |
| BTG Pactual Asset Management US LLC added | 69,419 | $360K | 0.3% | 2026-Q2 |
| Legacy Wealth Managment, LLC/ID added | 64,409 | $334K | 0.2% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT CO LTD added | 63,229 | $328K | 0.2% | 2026-Q2 |
| XTX Topco Ltd trimmed | 62,599 | $325K | 0.2% | 2026-Q2 |
| SMH CAPITAL ADVISORS INC added | 59,797 | $310K | 0.2% | 2026-Q2 |
| Asset Management One Co., Ltd. added | 58,467 | $303K | 0.2% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 53,835 | $251K | 0.2% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 49,883 | $259K | 0.2% | 2026-Q2 |
| Susquehanna Portfolio Strategies, LLC added | 46,986 | $244K | 0.2% | 2026-Q2 |
| Invesco Ltd. added | 46,856 | $243K | 0.2% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 45,698 | $237K | 0.2% | 2026-Q2 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO added | 42,548 | $221K | 0.2% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 39,402 | $204K | 0.2% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 36,514 | $190K | 0.1% | 2026-Q2 |
| RHUMBLINE ADVISERS added | 36,154 | $188K | 0.1% | 2026-Q2 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 36,088 | $187K | 0.1% | 2026-Q2 |
| Empowered Funds, LLC new | 35,714 | $185K | 0.1% | 2026-Q2 |
| Catalyst Capital Advisors LLC added | 35,288 | $183K | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 33,306 | $173K | 0.1% | 2026-Q2 |
| Sovereign Financial Group, Inc. added | 33,183 | $172K | 0.1% | 2026-Q2 |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 33,027 | $171K | 0.1% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 32,732 | $170K | 0.1% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 26,941 | $140K | 0.1% | 2026-Q2 |
| MetLife Investment Management, LLC added | 24,250 | $126K | 0.1% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 22,089 | $115K | 0.1% | 2026-Q2 |
| CALDWELL SUTTER CAPITAL, INC. trimmed | 20,701 | $107K | 0.1% | 2026-Q2 |
| SEI INVESTMENTS CO added | 20,647 | $107K | 0.1% | 2026-Q2 |
| CITIGROUP INC added | 16,988 | $88K | 0.1% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed | 16,960 | $88K | 0.1% | 2026-Q2 |
| Resona Asset Management Co.,Ltd. added | 16,233 | $84K | 0.1% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 16,215 | $84K | 0.1% | 2026-Q2 |
| LPL Financial LLC added | 15,813 | $82K | 0.1% | 2026-Q2 |
| Daiwa Securities Group Inc. trimmed | 15,460 | $80K | 0.1% | 2026-Q2 |
| Vanguard Global Advisers, LLC added | 14,527 | $75K | 0.1% | 2026-Q2 |
| Burford Brothers, Inc. trimmed | 13,163 | $68K | 0.1% | 2026-Q2 |
| Police & Firemen's Retirement System of New Jersey | 13,119 | $68K | 0.1% | 2026-Q2 |
| FMR LLC added | 12,886 | $67K | 0.0% | 2026-Q2 |
| Capital Investment Advisors, LLC trimmed | 12,613 | $65K | 0.0% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC trimmed | 11,365 | $59K | 0.0% | 2026-Q2 |
| Copley Financial Group, Inc. added | 10,656 | $55K | 0.0% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC new | 10,327 | $54K | 0.0% | 2026-Q2 |
| STRS OHIO added | 7,897 | $41K | 0.0% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. added | 7,892 | $41K | 0.0% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 6,592 | $34K | 0.0% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND added | 5,677 | $29K | 0.0% | 2026-Q2 |
| Tower Research Capital LLC (TRC) added | 5,668 | $29K | 0.0% | 2026-Q2 |
| BARCLAYS PLC trimmed | 5,565 | $29K | 0.0% | 2026-Q2 |
| IFP Advisors, Inc trimmed | 4,801 | $25K | 0.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 3,847 | $20K | 0.0% | 2026-Q2 |
| PNC Financial Services Group, Inc. trimmed | 3,807 | $20K | 0.0% | 2026-Q2 |
| Legal & General Group Plc added | 3,260 | $17K | 0.0% | 2026-Q2 |
| Ameritas Investment Partners, Inc. added | 3,160 | $16K | 0.0% | 2026-Q2 |
| Arax Advisory Partners added | 3,081 | $16K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 1,922 | $10K | 0.0% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO new | 1,441 | $7K | 0.0% | 2026-Q2 |
| GAMMA Investing LLC added | 1,396 | $7K | 0.0% | 2026-Q2 |
| Pinnacle Wealth Planning Services, Inc. added | 1,314 | $7K | 0.0% | 2026-Q2 |
| Versant Capital Management, Inc added | 1,190 | $6K | 0.0% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 973 | $5K | 0.0% | 2026-Q2 |
| Financial Gravity Companies, Inc. added | 698 | $4K | 0.0% | 2026-Q2 |
| Sterling Capital Management LLC trimmed | 685 | $4K | 0.0% | 2026-Q2 |
| NewEdge Advisors, LLC added | 663 | $3K | 0.0% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 507 | $3K | 0.0% | 2026-Q2 |
| Optiver Holding B.V. added | 390 | $2K | 0.0% | 2026-Q2 |
| NISA INVESTMENT ADVISORS, LLC trimmed | 356 | $2K | 0.0% | 2026-Q2 |
| Thomas J. Herzfeld Advisors, Inc. | 285 | $1K | 0.0% | 2026-Q2 |
| Essential Partners LLC trimmed | 244 | $1K | 0.0% | 2026-Q2 |
| United Financial Planning Group LLC new | 217 | $1K | 0.0% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 145 | $753 | 0.0% | 2026-Q2 |
| Allworth Financial LP added | 137 | $712 | 0.0% | 2026-Q2 |
| EverSource Wealth Advisors, LLC trimmed | 129 | $670 | 0.0% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.