NexPoint Real Estate Finance Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NYSE:NREF Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
09 Apr 25	BuyUS$12,280	Paul Richards	Individual		1,000	US$12.28

Insider Trading Volume

Insider Buying: NREF insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of NREF?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	1,514,144	8.58%
General Public	4,348,680	24.6%
Hedge Funds	5,694,671	32.3%
Institutions	6,086,031	34.5%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 71.39% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
32.3%	Highland Capital Management, L.P.	5,694,671	US$106.6m	7.98%	24.05%
11.9%	NexPoint Real Estate Opportunities, LLC	2,100,000	US$39.3m	0%	100.0%
4.44%	James Dondero	783,665	US$14.7m	95.8%	no data
4.33%	NexPoint Advisors, L.P.	763,486	US$14.3m	-77%	25.45%
3.72%	BlackRock, Inc.	656,887	US$12.3m	1.86%	no data
2.47%	The Vanguard Group, Inc.	436,066	US$8.2m	0.39%	no data
1.88%	Raymond James Financial Inc., Asset Management Arm	331,922	US$6.2m	11%	no data
1.43%	Matthew McGraner	252,568	US$4.7m	30.5%	no data
1.13%	Millennium Management LLC	200,086	US$3.7m	37.6%	no data
1.09%	Geode Capital Management, LLC	192,291	US$3.6m	0.21%	no data
0.92%	Matthew Goetz	161,839	US$3.0m	0%	no data
0.88%	State Street Global Advisors, Inc.	154,721	US$2.9m	1.99%	no data
0.57%	Morgan Stanley, Investment Banking and Brokerage Investments	100,232	US$1.9m	-15.5%	no data
0.51%	Brian Mitts	89,653	US$1.7m	17.9%	no data
0.46%	Cambridge Investment Research Advisors, Inc.	81,794	US$1.5m	-33.4%	no data
0.46%	Kennedy Capital Management LLC	80,913	US$1.5m	-48.9%	0.03%
0.4%	Wedbush Asset Management, LLC	70,846	US$1.3m	10.2%	0.04%
0.39%	Northern Trust Global Investments	69,621	US$1.3m	2.88%	no data
0.37%	Hoya Capital Real Estate, LLC	65,343	US$1.2m	20.9%	0.84%
0.35%	1776 Wealth LLC	60,939	US$1.1m	5.68%	0.39%
0.34%	Arthur Laffer	59,491	US$1.1m	8.24%	no data
0.32%	Paul Richards	57,208	US$1.1m	0%	no data
0.31%	Ritholtz Wealth Management	54,521	US$1.0m	0%	0.02%
0.22%	Morey & Quinn Wealth Partners LLC	39,639	US$742.0k	0%	0.48%
0.21%	Berkeley Capital Partners, LLC	37,887	US$709.2k	2.1%	0.15%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/05 06:48
End of Day Share Price	2025/05/05 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NexPoint Real Estate Finance, Inc. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Amanda Sweitzer	Baird
Steven Delaney	Citizens JMP Securities, LLC
Jade Rahmani	Keefe, Bruyette, & Woods