NexPoint Real Estate Finance, Inc. (NREF)
Dallas, TX, US
NexPoint Real Estate Finance, Inc. (NREF) is a U.S.-based real estate finance firm. Its core activities involve the origination, structuring, and investment in a diverse range of real estate-backed financial products. These encompass senior mortgage debt, mezzanine debt, preferred equity, preferred stock, and securitized multifamily commercial mortgage-backed securities. The company aims to qualify as a Real Estate Investment Trust (REIT) for U.S. federal income tax purposes. This status generally allows it to avoid federal corporate income taxes, provided it distributes at least 90% of its taxable earnings to its shareholders. Established in 2019, NREF is headquartered in Dallas, Texas.
Based on only 1 article — low confidence
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.64% | -2.15% | +10.67% | +2.52% | +11.87% | +9.80% | +6.04% | +15.37% | -20.10% | -17.77% | -17.77% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 0 | 0 |
| Hold | 4 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
| Period | # Analysts | Avg Target |
|---|---|---|
| Last Month | — | — |
| Last Quarter | — | — |
| Last Year | 1 |
15.00
-10.8%
|
| All Time | 2 |
14.50
-13.7%
|
-
Revenue growth+14.3% Q1'26: +1.9% (vs Q1'25)
-
EPS growth+189.2% Q1'26: -40.0% (vs Q1'25)
-
FCF margin— Q1'26: +0.0% (vs Q1'25)
-
EBIT margin— Q1'26: +76.1% (vs Q1'25)
-
ROIC— Q1'26: +2.5% (vs Q1'25)
-
Share dilution+108.1% Q1'26: +42.7% (vs Q1'25)
-
Debt / EBITDA26.42× Q1'26: 34.24× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 2 Rev. Ana. 2 EPS Ana. |
Dec 2027 2 Rev. Ana. 2 EPS Ana. |
|---|---|---|---|---|---|---|---|---|
| Revenue |
19.49M
est: 41.50M (-53.0%)
|
34.75M
est: 53.10M (-34.6%)
|
40.38M
est: 83.30M (-51.5%)
|
42.09M
est: 33.10M (+27.2%)
|
110.32M
est: 51.40M (+114.6%)
|
126.13M
est: 74.10M (+70.2%)
|
51.15M
47.10M – 55.19M
-31.0% YoY
|
54.51M
50.20M – 58.81M
+6.6% YoY
|
| EBITDA |
—
est: 15.10M (-100.0%)
|
—
est: 19.32M (-100.0%)
|
57.35M
est: 30.31M (+89.2%)
|
—
est: 18.66M (-100.0%)
|
90.39M
est: 28.98M (+211.9%)
|
168.86M
est: 41.78M (+304.1%)
|
28.84M
26.56M – 31.12M
-31.0% YoY
|
30.74M
28.31M – 33.16M
+6.6% YoY
|
| EBIT |
—
est: 14.68M (-100.0%)
|
—
est: 18.78M (-100.0%)
|
54.45M
est: 29.46M (+84.8%)
|
—
est: 18.33M (-100.0%)
|
84.77M
est: 28.46M (+197.9%)
|
165.91M
est: 41.03M (+304.4%)
|
28.32M
26.08M – 30.56M
-31.0% YoY
|
30.18M
27.80M – 32.56M
+6.6% YoY
|
| Net Income |
12.85M
est: 25.70M (-50.0%)
|
43.09M
est: 40.98M (+5.1%)
|
6.75M
est: -708.0K (+1,052.8%)
|
13.98M
est: -18.18M (+176.9%)
|
29.19M
est: 61.42M (-52.5%)
|
105.10M
est: 69.72M (+50.8%)
|
60.19M
57.97M – 62.41M
-13.7% YoY
|
64.42M
63.58M – 65.25M
+7.0% YoY
|
| SGA |
4.93M
est: 8.54M (-42.2%)
|
6.37M
est: 10.92M (-41.7%)
|
7.24M
est: 7.32M (-1.1%)
|
12.49M
est: 5.80M (+115.4%)
|
12.81M
est: 9.00M (+42.3%)
|
12.65M
est: 12.98M (-2.5%)
|
8.96M
8.25M – 9.67M
-31.0% YoY
|
9.55M
8.79M – 10.30M
+6.6% YoY
|
| EPS |
2.13
est: 1.48 (+44.2%)
|
6.00
est: 2.36 (+154.8%)
|
0.22
est: 2.71 (-91.9%)
|
0.60
est: -0.50 (+219.0%)
|
1.02
est: 1.70 (-40.1%)
|
4.28
est: 1.93 (+122.3%)
|
1.67
1.60 – 1.72
-13.4% YoY
|
1.78
1.76 – 1.80
+7.0% YoY
|
| Date | Firm | Previous | New Grade | Action |
|---|---|---|---|---|
| 2026-05-08 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintain |
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-08 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-07 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-06 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-05 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-04 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-01 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-30 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-29 | A | 4/5 | 3/5 | 5/5 | 4/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-28 | A | 4/5 | 3/5 | 5/5 | 4/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-27 | A | 4/5 | 4/5 | 5/5 | 4/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-24 | A | 4/5 | 4/5 | 5/5 | 4/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-23 | A | 4/5 | 4/5 | 5/5 | 4/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-22 | A | 4/5 | 4/5 | 5/5 | 4/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-21 | A | 4/5 | 4/5 | 5/5 | 4/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-20 | A | 4/5 | 4/5 | 5/5 | 4/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-17 | A | 4/5 | 4/5 | 5/5 | 4/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-16 | A | 4/5 | 4/5 | 5/5 | 4/5 | 1/5 | 4/5 | 5/5 |
Owner Earnings
Owner's Earnings history not available.
Ownership Overview
| # | Reporting person | Amount owned | % of class | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Type | Citizenship | Filing date | SEC filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | James D. Dondero | 1.87M | 20.80% | 17.6K | 1.85M | 17.6K | — | HC, IN | United States | 2021-09-10 | ↗ |
| 2 | Highland Capital Management Fund Advisors, L.P. | 1.20M | 13.30% | — | 1.20M | — | — | IA, PN | Delaware | 2021-09-10 | ↗ |
| 3 | Fidelity Real Estate Income Fund | 525.0K | 10.50% | 525.0K | — | — | — | IV | Delaware | 2020-03-10 | ↗ |
| 4 | NexPoint Advisors, L.P. | 486.5K | 5.40% | — | 486.5K | — | — | IA, PN | Delaware | 2021-09-10 | ↗ |
| 5 | Barclays Bank PLC | 377.0K | 7.37% | 377.0K | — | 377.0K | — | BD | England, United Kingdom | 2021-02-11 | ↗ |
| 6 | Barclays PLC | 377.0K | 7.37% | 377.0K | — | 377.0K | — | HC | England, United Kingdom | 2021-02-11 | ↗ |
| 7 | 43-1225960 | 302.4K | 3.10% | 277.6K | — | 302.4K | — | IA | Missouri Corporation | 2022-02-14 | ↗ |
| 8 | Nancy Marie Dondero | 163.9K | 1.80% | 163.9K | — | 163.9K | — | IN | United States | 2021-09-10 | ↗ |
| 9 | Abigail P. Johnson | — | 0.00% | — | — | — | — | IN | Delaware | 2020-12-10 | ↗ |
| 10 | FMR LLC | — | 0.00% | — | — | — | — | HC | Delaware | 2020-12-10 | ↗ |
Institutional Activity (13F)
| # | Investor | Shares / Δ | Mkt value / Δ | Own% / Δ | Weight% / Δ | Avg px / Perf. | Hold / Status |
|---|---|---|---|---|---|---|---|
| 1 | NEXPOINT ASSET MANAGEMENT, L.P. | 9.44M +852.3K (+9.9%) | 132.91M +11.1M (+9.1%) | 53.27% +4.782 pp | 9.26% -1.319 pp | USD19.60 -28.2% | 24 qtrs — |
| 2 | — | 7.0K +7.0K (+100.0%) | 98.56M +98.6M (+100.0%) | 0.04% +0.040 pp | 0.08% +0.077 pp | USD14.08 +0.0% | 1 qtrs NEW |
| 3 | BLACKROCK, INC. | 625.4K +8.8K (+1.4%) | 8.81M +61.8K (+0.7%) | 3.53% +0.048 pp | 0.00% +0.000 pp | USD15.60 -9.7% | 6 qtrs — |
| 4 | VANGUARD GROUP INC | 397.2K -35.0K (-8.1%) | 5.59M -535.4K (-8.7%) | 2.24% -0.199 pp | 0.00% +0.000 pp | USD18.01 -21.8% | 23 qtrs — |
| 5 | RAYMOND JAMES FINANCIAL INC | 314.0K +5.6K (+1.8%) | 4.42M +47.6K (+1.1%) | 1.77% +0.031 pp | 0.00% +0.000 pp | USD15.60 -9.7% | 5 qtrs — |
| 6 | MORGAN STANLEY | 194.3K +28.8K (+17.4%) | 2.74M +389.5K (+16.6%) | 1.10% +0.162 pp | 0.00% +0.000 pp | USD15.32 -8.1% | 22 qtrs — |
| 7 | GEODE CAPITAL MANAGEMENT, LLC | 174.2K -11.8K (-6.3%) | 2.45M -184.8K (-7.0%) | 0.98% -0.067 pp | 0.00% +0.000 pp | USD18.35 -23.3% | 23 qtrs — |
| 8 | STATE STREET CORP | 170.8K -475.0 (-0.3%) | 2.40M -23.8K (-1.0%) | 0.96% -0.003 pp | 0.00% +0.000 pp | USD18.20 -22.6% | 19 qtrs — |
| 9 | O'SHAUGHNESSY ASSET MANAGEMENT, LLC | 157.7K +46.7K (+42.0%) | 2.22M +646.1K (+41.0%) | 0.89% +0.263 pp | 0.01% +0.003 pp | USD14.82 -5.0% | 4 qtrs — |
| 10 | COPLEY FINANCIAL GROUP, INC. | 123.3K +9.5K (+8.3%) | 1.74M +122.0K (+7.6%) | 0.70% +0.053 pp | 1.07% -0.030 pp | USD14.19 -0.8% | 6 qtrs — |
| 11 | RITHOLTZ WEALTH MANAGEMENT | 96.7K +29.3K (+43.5%) | 1.36M +405.7K (+42.4%) | 0.55% +0.165 pp | 0.02% +0.006 pp | USD14.77 -4.7% | 4 qtrs — |
| 12 | GOLDMAN SACHS GROUP INC | 89.5K -6.7K (-7.0%) | 1.26M -104.5K (-7.7%) | 0.50% -0.038 pp | 0.00% +0.000 pp | USD14.47 -2.7% | 16 qtrs — |
| 13 | MILLENNIUM MANAGEMENT LLC | 87.2K -52.8K (-37.7%) | 1.23M -757.6K (-38.2%) | 0.49% -0.299 pp | 0.00% 0.000 pp | USD17.91 -21.4% | 18 qtrs — |
| 14 | PENSERRA CAPITAL MANAGEMENT LLC | 81.0K +9.8K (+13.7%) | 1.14M +130.0K (+12.9%) | 0.46% +0.055 pp | 0.01% +0.002 pp | USD14.00 +0.6% | 7 qtrs — |
| 15 | 1776 WEALTH LLC | 72.4K -59.0 (-0.1%) | 1.02M -8.1K (-0.8%) | 0.41% -0.001 pp | 0.38% -0.012 pp | USD13.62 +3.4% | 7 qtrs — |
| 16 | WEDBUSH SECURITIES INC | 68.0K -2.4K (-3.4%) | 957.0K -41.0K (-4.1%) | 0.38% -0.014 pp | 0.03% -0.005 pp | USD13.92 +1.1% | 8 qtrs — |
| 17 | NORTHERN TRUST CORP | 52.5K -4.3K (-7.5%) | 738.9K -65.5K (-8.1%) | 0.30% -0.024 pp | 0.00% +0.000 pp | USD19.30 -27.0% | 19 qtrs — |
| 18 | LPL FINANCIAL LLC | 44.5K +8.0K (+21.8%) | 627.1K +108.4K (+20.9%) | 0.25% +0.045 pp | 0.00% +0.000 pp | USD15.86 -11.2% | 16 qtrs — |
| 19 | BERKELEY CAPITAL PARTNERS, LLC | 40.9K +1.0K (+2.6%) | 576.0K +10.8K (+1.9%) | 0.23% +0.006 pp | 0.14% +0.002 pp | USD13.67 +3.0% | 8 qtrs — |
| 20 | MOREY & QUINN WEALTH PARTNERS, LLC | 37.9K -405.0 (-1.1%) | 533.4K -9.5K (-1.8%) | 0.21% -0.002 pp | 0.38% -0.017 pp | USD15.69 -10.3% | 5 qtrs — |
| 21 | TWO SIGMA INVESTMENTS, LP | 34.8K +14.3K (+69.7%) | 490.1K +199.2K (+68.5%) | 0.20% +0.081 pp | 0.00% +0.000 pp | USD14.43 -2.4% | 7 qtrs — |
| 22 | BANK OF AMERICA CORP /DE/ | 28.8K +6.4K (+28.8%) | 406.0K +88.6K (+27.9%) | 0.16% +0.036 pp | 0.00% +0.000 pp | USD14.97 -5.9% | 18 qtrs — |
| 23 | HIGHTOWER ADVISORS, LLC | 24.7K +3.0 (+0.0%) | 347.4K -2.4K (-0.7%) | 0.14% 0.000 pp | 0.00% +0.000 pp | USD15.12 -6.9% | 13 qtrs — |
| 24 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 23.9K -2.4K (-9.3%) | 336.8K -37.0K (-9.9%) | 0.14% -0.014 pp | 0.00% +0.000 pp | USD18.51 -23.9% | 15 qtrs — |
| 25 | CONCORDE ASSET MANAGEMENT, LLC | 23.4K +2.0K (+9.3%) | 328.8K +27.2K (+9.0%) | 0.13% +0.011 pp | 0.13% +0.005 pp | USD14.17 -0.6% | 2 qtrs — |
| 26 | BARCLAYS PLC | 22.9K +1.1K (+5.2%) | 321.8K -17.8K (-5.2%) | 0.13% +0.006 pp | 0.00% +0.000 pp | USD15.48 -9.0% | 15 qtrs — |
| 27 | JANE STREET GROUP, LLC | 22.4K +22.4K (+100.0%) | 315.7K +315.7K (+100.0%) | 0.13% +0.127 pp | 0.00% +0.000 pp | USD14.08 +0.0% | 1 qtrs NEW |
| 28 | RUSSELL INVESTMENTS GROUP, LTD. | 22.3K +8.8K (+64.5%) | 314.3K +121.9K (+63.4%) | 0.13% +0.049 pp | 0.00% +0.000 pp | USD14.30 -1.5% | 8 qtrs — |
| 29 | CETERA INVESTMENT ADVISERS | 20.0K +20.0K (+100.0%) | 280.9K +280.9K (+100.0%) | 0.11% +0.113 pp | 0.00% +0.000 pp | USD14.08 +0.0% | 1 qtrs NEW |
| 30 | NAVIS WEALTH ADVISORS, LLC | 19.6K +672.0 (+3.5%) | 276.6K +7.6K (+2.8%) | 0.11% +0.004 pp | 0.12% -0.084 pp | USD15.48 -9.0% | 6 qtrs — |
| 31 | ACADIAN ASSET MANAGEMENT LLC | 19.6K +12.5K (+175.9%) | 275.0K +176.0K (+177.8%) | 0.11% +0.071 pp | 0.00% +0.000 pp | USD15.03 -6.3% | 22 qtrs — |
| 32 | BANK OF NEW YORK MELLON CORP | 17.1K -2.8K (-14.2%) | 241.4K -42.1K (-14.8%) | 0.10% -0.016 pp | 0.00% +0.000 pp | USD18.72 -24.8% | 15 qtrs — |
| 33 | ALLIANCEBERNSTEIN L.P. | 13.8K +— (+0.0%) | 194.9K -1.4K (-0.7%) | 0.08% +0.000 pp | 0.00% +0.000 pp | USD13.53 +4.1% | 7 qtrs — |
| 34 | INVESCO LTD. | 11.9K +11.9K (+100.0%) | 166.9K +166.9K (+100.0%) | 0.07% +0.067 pp | 0.00% +0.000 pp | USD14.08 +0.0% | 1 qtrs NEW |
| 35 | ADVISOR GROUP HOLDINGS, INC. | 11.8K -2.0K (-14.2%) | 166.2K -40.2K (-19.5%) | 0.07% -0.011 pp | 0.00% +0.000 pp | USD15.36 -8.3% | 19 qtrs — |
| 36 | RHUMBLINE ADVISERS | 10.4K -1.5K (-12.5%) | 146.6K -22.0K (-13.1%) | 0.06% -0.008 pp | 0.00% +0.000 pp | USD19.18 -26.6% | 15 qtrs — |
| 37 | DEUTSCHE BANK AG\ | 10.0K -3.6K (-26.4%) | 140.8K -51.8K (-26.9%) | 0.06% -0.020 pp | 0.00% +0.000 pp | USD14.18 -0.7% | 2 qtrs — |
| 38 | WELLS FARGO & COMPANY/MN | 8.6K +2.7K (+46.4%) | 120.8K +37.7K (+45.3%) | 0.05% +0.015 pp | 0.00% +0.000 pp | USD14.82 -5.0% | 21 qtrs — |
| 39 | NEW YORK STATE COMMON RETIREMENT FUND | 5.5K +— (+0.0%) | 77.0K -547.0 (-0.7%) | 0.03% +0.000 pp | 0.00% +0.000 pp | USD19.73 -28.6% | 15 qtrs — |
| 40 | MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. | 3.5K -36.0 (-1.0%) | 49.6K -862.0 (-1.7%) | 0.02% 0.000 pp | 0.00% +0.000 pp | USD14.18 -0.7% | 7 qtrs — |
| 41 | JPMORGAN CHASE & CO | 3.3K -284.0 (-8.0%) | 45.8K -4.4K (-8.7%) | 0.02% -0.002 pp | 0.00% +0.000 pp | USD15.79 -10.8% | 20 qtrs — |
| 42 | LEGACY WEALTH MANAGMENT, LLC/ID | 3.2K -1.0 (0.0%) | 44.4K -330.0 (-0.7%) | 0.02% +0.000 pp | 0.02% +0.001 pp | USD14.54 -3.2% | 6 qtrs — |
| 43 | BNP PARIBAS ARBITRAGE, SNC | 2.7K -120.0 (-4.3%) | 37.7K -2.0K (-5.0%) | 0.02% -0.001 pp | 0.00% +0.000 pp | USD14.54 -3.2% | 5 qtrs — |
| 44 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | 2.0K +— (+0.0%) | 27.7K -197.0 (-0.7%) | 0.01% +0.000 pp | 0.00% +0.000 pp | USD14.18 -0.7% | 2 qtrs — |
| 45 | POLICE & FIREMEN'S RETIREMENT SYSTEM OF NEW JERSEY | 1.8K +— (+0.0%) | 26.0K -184.0 (-0.7%) | 0.01% +0.000 pp | 0.00% +0.000 pp | USD13.79 +2.1% | 3 qtrs — |
| 46 | STRS OHIO | 1.7K +— (+0.0%) | 23.9K -170.0 (-0.7%) | 0.01% +0.000 pp | 0.00% +0.000 pp | USD20.27 -30.5% | 15 qtrs — |
| 47 | ROYAL BANK OF CANADA | 1.5K -3.4K (-68.9%) | 22.0K -48.0K (-68.6%) | 0.01% -0.019 pp | 0.00% +0.000 pp | USD15.15 -7.1% | 20 qtrs — |
| 48 | NISA INVESTMENT ADVISORS, LLC | 1.6K -1.2K (-44.1%) | 22.0K -17.6K (-44.4%) | 0.01% -0.007 pp | 0.00% 0.000 pp | USD14.38 -2.1% | 24 qtrs — |
| 49 | TOWER RESEARCH CAPITAL LLC (TRC) | 1.2K +336.0 (+37.8%) | 17.2K +4.6K (+36.8%) | 0.01% +0.002 pp | 0.00% +0.000 pp | USD13.92 +1.1% | 18 qtrs — |
| 50 | UBS GROUP AG | 959.00 -6.8K (-87.6%) | 13.5K -96.2K (-87.7%) | 0.01% -0.038 pp | 0.00% +0.000 pp | USD14.93 -5.7% | 24 qtrs — |
| 51 | LEGAL & GENERAL GROUP PLC | 717.00 +— (+0.0%) | 10.1K -72.0 (-0.7%) | 0.00% +0.000 pp | 0.00% +0.000 pp | USD18.17 -22.5% | 15 qtrs — |
| 52 | JONES FINANCIAL COMPANIES LLLP | 600.00 +600.0 (+100.0%) | 8.4K +8.4K (+100.0%) | 0.00% +0.003 pp | 0.00% +0.000 pp | USD14.08 +0.0% | 1 qtrs NEW |
| 53 | AMERITAS INVESTMENT PARTNERS, INC. | 588.00 +— (+0.0%) | 8.3K -59.0 (-0.7%) | 0.00% +0.000 pp | 0.00% +0.000 pp | USD20.27 -30.5% | 15 qtrs — |
| 54 | CITIGROUP INC | 556.00 -573.0 (-50.8%) | 7.8K -8.2K (-51.1%) | 0.00% -0.003 pp | 0.00% +0.000 pp | USD15.39 -8.5% | 16 qtrs — |
| 55 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | 471.00 -121.0 (-20.4%) | 6.6K -1.8K (-21.0%) | 0.00% -0.001 pp | 0.00% +0.000 pp | USD20.22 -30.4% | 15 qtrs — |
| 56 | STERLING CAPITAL MANAGEMENT LLC | 441.00 -87.0 (-16.5%) | 6.2K -1.3K (-17.1%) | 0.00% -0.001 pp | 0.00% +0.000 pp | USD14.53 -3.1% | 6 qtrs — |
| 57 | UBS ASSET MANAGEMENT AMERICAS INC | 414.00 +414.0 (+100.0%) | 5.8K +5.8K (+100.0%) | 0.00% +0.002 pp | 0.00% +0.000 pp | USD14.08 +0.0% | 1 qtrs NEW |
| 58 | FMR LLC | 393.00 -639.0 (-61.9%) | 5.5K -9.1K (-62.2%) | 0.00% -0.004 pp | 0.00% +0.000 pp | USD14.65 -3.9% | 14 qtrs — |
| 59 | CWM, LLC | 336.00 -96.0 (-22.2%) | 5.0K -1.0K (-16.7%) | 0.00% -0.001 pp | 0.00% +0.000 pp | USD14.35 -1.9% | 6 qtrs — |
| 60 | HARBOUR INVESTMENTS, INC. | 300.00 +— (+0.0%) | 4.2K -30.0 (-0.7%) | 0.00% +0.000 pp | 0.00% +0.000 pp | USD13.45 +4.7% | 8 qtrs — |
| 61 | AMALGAMATED BANK | 240.00 -32.0 (-11.8%) | 3.0K -1.0K (-25.0%) | 0.00% 0.000 pp | 0.00% +0.000 pp | USD20.27 -30.5% | 15 qtrs — |
| 62 | COVESTOR LTD | 196.00 -28.0 (-12.5%) | 3.0K +— (+0.0%) | 0.00% 0.000 pp | 0.00% 0.000 pp | USD14.38 -2.1% | 7 qtrs — |
| 63 | HARBOR CAPITAL ADVISORS, INC. | 219.00 -4.0 (-1.8%) | 3.0K +— (+0.0%) | 0.00% +0.000 pp | 0.00% +0.000 pp | USD15.53 -9.3% | 6 qtrs — |
| 64 | GAMMA INVESTING LLC | 209.00 +141.0 (+207.4%) | 2.9K +2.0K (+205.3%) | 0.00% +0.001 pp | 0.00% +0.000 pp | USD14.32 -1.7% | 6 qtrs — |
| 65 | OPTIVER HOLDING B.V. | 152.00 +— (+0.0%) | 2.1K -15.0 (-0.7%) | 0.00% +0.000 pp | 0.00% +0.000 pp | USD14.18 -0.7% | 2 qtrs — |
| 66 | EVERSOURCE WEALTH ADVISORS, LLC | 110.00 +— (+0.0%) | 1.5K -12.0 (-0.8%) | 0.00% +0.000 pp | 0.00% +0.000 pp | USD13.95 +0.9% | 5 qtrs — |
| 67 | MASSMUTUAL TRUST CO FSB/ADV | 64.00 +64.0 (+100.0%) | 901.00 +901.0 (+100.0%) | 0.00% +0.000 pp | 0.00% +0.000 pp | USD14.08 +0.0% | 5 qtrs — |
| 68 | PNC FINANCIAL SERVICES GROUP, INC. | 40.00 -3.0 (-7.0%) | 563.00 -47.0 (-7.7%) | 0.00% +0.000 pp | 0.00% +0.000 pp | USD14.15 -0.5% | 11 qtrs — |
| 69 | IFP ADVISORS, INC | 30.00 -3.0 (-9.1%) | 422.00 -46.0 (-9.8%) | 0.00% +0.000 pp | 0.00% +0.000 pp | USD13.83 +1.8% | 3 qtrs — |
| 70 | TRANSAMERICA FINANCIAL ADVISORS, INC. | 15.00 +15.0 (+100.0%) | 211.00 +211.0 (+100.0%) | 0.00% +0.000 pp | 0.00% +0.000 pp | USD14.07 +0.1% | 1 qtrs NEW |
| 71 | KILTER GROUP LLC | 9.00 +9.0 (+100.0%) | 127.00 +127.0 (+100.0%) | 0.00% +0.000 pp | 0.00% +0.000 pp | USD14.00 +0.6% | 1 qtrs NEW |
| 72 | MAI CAPITAL MANAGEMENT | 6.00 +6.0 (+100.0%) | 85.00 +85.0 (+100.0%) | 0.00% +0.000 pp | 0.00% +0.000 pp | USD14.00 +0.6% | 1 qtrs NEW |
| 73 | ALLWORTH FINANCIAL LP | 1.00 -2.0 (-66.7%) | 15.00 -28.0 (-65.1%) | 0.00% +0.000 pp | 0.00% +0.000 pp | USD13.00 +8.3% | 3 qtrs — |
| 74 | ROTHSCHILD INVESTMENT LLC | 1.00 +1.0 (+100.0%) | 14.00 +14.0 (+100.0%) | 0.00% +0.000 pp | 0.00% +0.000 pp | USD14.00 +0.6% | 1 qtrs NEW |
| 75 | SRS CAPITAL ADVISORS, INC. | 1.00 -124.0 (-99.2%) | 14.00 -1.8K (-99.2%) | 0.00% -0.001 pp | 0.00% +0.000 pp | USD14.00 +0.6% | 2 qtrs — |
| 76 | SUMMIT ASSET MANAGEMENT, LLC | — -40.1K (-100.0%) | — -568.4K (-100.0%) | 0.00% -0.226 pp | 0.00% -0.087 pp | USD— | 3 qtrs SOLD |
| 77 | TRUE WEALTH DESIGN, LLC | — -5.0 (-100.0%) | — -71.0 (-100.0%) | 0.00% +0.000 pp | 0.00% +0.000 pp | USD— | 4 qtrs SOLD |
| 78 | PHYSICIAN WEALTH ADVISORS, INC. | — -68.0 (-100.0%) | — -965.0 (-100.0%) | 0.00% 0.000 pp | 0.00% 0.000 pp | USD— | 3 qtrs SOLD |
| 79 | SIMPLEX TRADING, LLC | — -1.7K (-100.0%) | — -24.0K (-100.0%) | 0.00% -0.010 pp | 0.00% +0.000 pp | USD— | 3 qtrs SOLD |
| 80 | PFG INVESTMENTS, LLC | — -10.8K (-100.0%) | — -152.6K (-100.0%) | 0.00% -0.061 pp | 0.00% -0.008 pp | USD— | 3 qtrs SOLD |
| 81 | ADVISORY SERVICES NETWORK, LLC | — -993.0 (-100.0%) | — -14.1K (-100.0%) | 0.00% -0.006 pp | 0.00% 0.000 pp | USD— | 2 qtrs SOLD |
| 82 | VIDENT ADVISORY, LLC | — -18.1K (-100.0%) | — -256.9K (-100.0%) | 0.00% -0.102 pp | 0.00% -0.003 pp | USD— | 2 qtrs SOLD |
| 83 | HRT FINANCIAL LP | — -11.7K (-100.0%) | — -166.0K (-100.0%) | 0.00% -0.066 pp | 0.00% -0.001 pp | USD— | 2 qtrs SOLD |
| 84 | HSBC HOLDINGS PLC | — -13.9K (-100.0%) | — -198.4K (-100.0%) | 0.00% -0.079 pp | 0.00% 0.000 pp | USD— | 10 qtrs SOLD |
| 85 | PRIVATE WEALTH MANAGEMENT GROUP, LLC | — -186.0 (-100.0%) | — -2.6K (-100.0%) | 0.00% -0.001 pp | 0.00% -0.001 pp | USD— | 5 qtrs SOLD |
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Hoya Capital High Dividend Yield ETF RIET | 1.25% | 1.34M | 0.50% |
| 2 | iShares Mortgage Real Estate ETF REM | 0.24% | 1.34M | 0.48% |
| 3 | Harbor AlphaEdge Small Cap Earners ETF (EBIT) EBIT | 0.03% | 3.7K | 0.29% |
| 4 | iShares Micro-Cap ETF IWC | 0.03% | 389.2K | 0.60% |
| 5 | Franklin U.S. Small Cap Multifactor Index ETF FLQS | 0.01% | 7.5K | 0.35% |
| 6 | iShares Russell 2000 Value ETF IWN | 0.01% | 1.22M | 0.24% |
| 7 | Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF GSSC | 0.01% | 77.5K | 0.20% |
| 8 | Vanguard Russell 2000 Value ETF VTWV | 0.01% | 91.0K | 0.06% |
| 9 | iShares Russell 2000 BuyWrite ETF IWMW | 0.00% | 2.7K | 0.39% |
| 10 | iShares Russell 2000 ETF IWM | 0.00% | 3.94M | 0.19% |
Insider Activity
| Date | Person | Role | Transaction | A/D | Security | Shares | Price | Value | Owned after | D/I | Filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-04-04 | Sauter Dennis Charles Jr | Officer | M-Exempt | D | Restricted Stock Units | 3,238 | 0.00 | — | 3,239 | D | ↗ |
| 2026-04-04 | Richards Paul | Officer | M-Exempt | D | Restricted Stock Units | 6,894 | 0.00 | — | 6,894 | D | ↗ |
| 2026-04-04 | Mitts Brian | Director | F-InKind | D | Common Stock | 2,448 | 13.36 | 32.7K | 94,914 | D | ↗ |
| 2026-04-04 | McGraner Matt | Officer | M-Exempt | A | Common Stock | 32,010 | 0.00 | — | 336,820 | D | ↗ |
| 2026-04-04 | DONDERO JAMES D | Director / Officer / 10% Owner | M-Exempt | A | Common Stock | 33,284 | 0.00 | — | 492,250 | D | ↗ |
| 2026-04-03 | Wood Catherine D. | Director | M-Exempt | A | Common Stock | 5,518 | 0.00 | — | 30,228 | D | ↗ |
| 2026-04-03 | Swain Carol | Director | M-Exempt | A | Common Stock | 5,518 | 0.00 | — | 14,322 | D | ↗ |
| 2026-04-03 | Sauter Dennis Charles Jr | Officer | M-Exempt | A | Common Stock | 4,311 | 0.00 | — | 32,478 | D | ↗ |
| 2026-04-03 | Richards Paul | Officer | M-Exempt | D | Restricted Stock Units | 15,087 | 0.00 | — | 45,258 | D | ↗ |
| 2026-04-03 | Mitts Brian | Director | M-Exempt | D | Restricted Stock Units | 5,518 | 0.00 | — | 0 | D | ↗ |
| 2026-04-03 | McGraner Matt | Officer | M-Exempt | A | Common Stock | 36,830 | 0.00 | — | 322,448 | D | ↗ |
| 2026-04-03 | LAFFER ARTHUR B | Director | M-Exempt | A | Common Stock | 5,518 | 0.00 | — | 65,009 | D | ↗ |
| 2026-04-03 | KAVANAUGH SCOTT F | Director | M-Exempt | D | Restricted Stock Units | 0 | 0.00 | — | 0 | D | ↗ |
| 2026-04-03 | DONDERO JAMES D | Director / Officer / 10% Owner | M-Exempt | D | Restricted Stock Units | 36,830 | 0.00 | — | 110,489 | D | ↗ |
| 2026-04-03 | Constantino Edward N. | Director | M-Exempt | D | Restricted Stock Units | 5,518 | 0.00 | — | 0 | D | ↗ |
| 2026-04-02 | Wood Catherine D. | Director | A-Award | A | Restricted Stock Units | 6,154 | 0.00 | — | 6,154 | D | ↗ |
| 2026-04-02 | Swain Carol | Director | A-Award | A | Restricted Stock Units | 6,154 | 0.00 | — | 6,154 | D | ↗ |
| 2026-04-02 | Sauter Dennis Charles Jr | Officer | A-Award | A | Restricted Stock Units | 32,308 | 0.00 | — | 32,308 | D | ↗ |
| 2026-04-02 | Richards Paul | Officer | A-Award | A | Restricted Stock Units | 61,347 | 0.00 | — | 61,347 | D | ↗ |
| 2026-04-02 | Mitts Brian | Director | A-Award | A | Restricted Stock Units | 6,154 | 0.00 | — | 6,154 | D | ↗ |
| 2026-04-02 | McGraner Matt | Officer | A-Award | A | Restricted Stock Units | 197,789 | 0.00 | — | 197,789 | D | ↗ |
| 2026-04-02 | LAFFER ARTHUR B | Director | A-Award | A | Restricted Stock Units | 6,154 | 0.00 | — | 6,154 | D | ↗ |
| 2026-04-02 | KAVANAUGH SCOTT F | Director | A-Award | A | Restricted Stock Units | 6,154 | 0.00 | — | 6,154 | D | ↗ |
| 2026-04-02 | DONDERO JAMES D | Director / Officer / 10% Owner | A-Award | A | Restricted Stock Units | 197,789 | 0.00 | — | 197,789 | D | ↗ |
| 2026-04-02 | Constantino Edward N. | Director | A-Award | A | Restricted Stock Units | 6,154 | 0.00 | — | 6,154 | D | ↗ |
| 2026-03-13 | Sauter Dennis Charles Jr | Officer | M-Exempt | D | Restricted Stock Units | 2,917 | 0.00 | — | 5,833 | D | ↗ |
| 2026-03-13 | Richards Paul | Officer | M-Exempt | D | Restricted Stock Units | 10,000 | 0.00 | — | 20,000 | D | ↗ |
| 2026-03-13 | Mitts Brian | Director | D-Return | D | Common Stock | 1,249 | 0.00 | — | 90,795 | D | ↗ |
| 2026-03-13 | McGraner Matt | Officer | M-Exempt | D | Restricted Stock Units | 38,438 | 0.00 | — | 76,874 | D | ↗ |
| 2026-03-13 | DONDERO JAMES D | Director / Officer / 10% Owner | M-Exempt | A | Common Stock | 38,438 | 0.00 | — | 408,412 | D | ↗ |
| 2026-02-21 | Sauter Dennis Charles Jr | Officer | M-Exempt | D | Restricted Stock Units | 2,146 | 0.00 | — | 0 | D | ↗ |
| 2026-02-21 | Richards Paul | Officer | M-Exempt | D | Restricted Stock Units | 4,568 | 0.00 | — | 0 | D | ↗ |
| 2026-02-21 | Mitts Brian | Director | M-Exempt | D | Restricted Stock Units | 5,538 | 0.00 | — | 0 | D | ↗ |
| 2026-02-21 | McGraner Matt | Officer | F-InKind | D | Common Stock | 7,342 | 14.86 | 109.1K | 260,734 | D | ↗ |
| 2026-02-21 | DONDERO JAMES D | Director / Officer / 10% Owner | M-Exempt | D | Restricted Stock Units | 17,308 | 0.00 | — | 0 | D | ↗ |
| 2025-12-30 | DONDERO JAMES D | Director / Officer / 10% Owner | M-Exempt | D | Common Stock | 852,273 | 0.00 | — | 3,649,759 | I | ↗ |
| 2025-12-18 | Mitts Brian | Director | S-Sale | D | Common Stock | 11,904 | 14.51 | 172.7K | 0 | I | ↗ |
| 2025-09-22 | DONDERO JAMES D | Director / Officer / 10% Owner | P-Purchase | A | Common Stock | 66,000 | 14.33 | 945.8K | 319,490 | I | ↗ |
| 2025-04-09 | Richards Paul | Officer | P-Purchase | A | Common Stock | 1,000 | 12.28 | 12.3K | 48,831 | D | ↗ |
| 2025-04-04 | Sauter Dennis Charles Jr | Officer | F-InKind | D | Common Stock | 1,184 | 14.21 | 16.8K | 25,276 | D | ↗ |
| 2025-04-04 | Richards Paul | Officer | M-Exempt | D | Restricted Stock Units | 6,895 | 0.00 | — | 13,788 | D | ↗ |
| 2025-04-04 | Mitts Brian | Director | M-Exempt | D | Restricted Stock Units | 6,837 | 0.00 | — | 13,675 | D | ↗ |
| 2025-04-04 | McGraner Matt | Officer | M-Exempt | D | Restricted Stock Units | 32,010 | 0.00 | — | 64,021 | D | ↗ |
| 2025-04-04 | DONDERO JAMES D | Director / Officer / 10% Owner | M-Exempt | A | Common Stock | 33,284 | 0.00 | — | 317,752 | D | ↗ |
| 2025-04-03 | Wood Catherine D. | Director | A-Award | A | Restricted Stock Units | 5,518 | 0.00 | — | 5,518 | D | ↗ |
| 2025-04-03 | Swain Carol | Director | A-Award | A | Restricted Stock Units | 5,518 | 0.00 | — | 5,518 | D | ↗ |
| 2025-04-03 | Sauter Dennis Charles Jr | Officer | A-Award | A | Restricted Stock Units | 17,242 | 0.00 | — | 17,242 | D | ↗ |
| 2025-04-03 | Richards Paul | Officer | A-Award | A | Restricted Stock Units | 60,345 | 0.00 | — | 60,345 | D | ↗ |
| 2025-04-03 | Mitts Brian | Director | A-Award | A | Restricted Stock Units | 5,518 | 0.00 | — | 5,518 | D | ↗ |
| 2025-04-03 | McGraner Matt | Officer | A-Award | A | Restricted Stock Units | 147,319 | 0.00 | — | 147,319 | D | ↗ |
| 2025-04-03 | LAFFER ARTHUR B | Director | A-Award | A | Restricted Stock Units | 5,518 | 0.00 | — | 5,518 | D | ↗ |
| 2025-04-03 | KAVANAUGH SCOTT F | Director | A-Award | A | Restricted Stock Units | 5,518 | 0.00 | — | 5,518 | D | ↗ |
| 2025-04-03 | DONDERO JAMES D | Director / Officer / 10% Owner | A-Award | A | Restricted Stock Units | 147,319 | 0.00 | — | 147,319 | D | ↗ |
| 2025-04-03 | Constantino Edward N. | Director | A-Award | A | Restricted Stock Units | 5,518 | 0.00 | — | 5,518 | D | ↗ |
| 2025-03-13 | Wood Catherine D. | Director | M-Exempt | A | Common Stock | 4,530 | 0.00 | — | 24,710 | D | ↗ |
| 2025-03-13 | Swain Carol | Director | M-Exempt | A | Common Stock | 4,530 | 0.00 | — | 8,804 | D | ↗ |
| 2025-03-13 | Sauter Dennis Charles Jr | Officer | M-Exempt | D | Restricted Stock Units | 2,917 | 0.00 | — | 8,750 | D | ↗ |
| 2025-03-13 | Richards Paul | Officer | M-Exempt | A | Common Stock | 10,000 | 0.00 | — | 49,053 | D | ↗ |
| 2025-03-13 | Mitts Brian | Director | M-Exempt | A | Common Stock | 8,333 | 0.00 | — | 81,458 | D | ↗ |
| 2025-03-13 | McGraner Matt | Officer | F-InKind | D | Common Stock | 15,321 | 16.13 | 247.1K | 235,292 | D | ↗ |
| 2025-03-13 | LAFFER ARTHUR B | Director | M-Exempt | A | Common Stock | 4,530 | 0.00 | — | 59,491 | D | ↗ |
| 2025-03-13 | KAVANAUGH SCOTT F | Director | M-Exempt | D | Restricted Stock Units | 4,530 | 0.00 | — | 0 | D | ↗ |
| 2025-03-13 | DONDERO JAMES D | Director / Officer / 10% Owner | M-Exempt | A | Common Stock | 38,438 | 0.00 | — | 277,027 | D | ↗ |
| 2025-03-13 | Constantino Edward N. | Director | M-Exempt | A | Common Stock | 4,530 | 0.00 | — | 33,404 | D | ↗ |
| 2025-02-22 | Sauter Dennis Charles Jr | Officer | M-Exempt | D | Restricted Stock Units | 1,335 | 0.00 | — | 0 | D | ↗ |
| 2025-02-22 | Richards Paul | Officer | M-Exempt | D | Restricted Stock Units | 3,220 | 0.00 | — | 0 | D | ↗ |
| 2025-02-22 | Mitts Brian | Director | M-Exempt | D | Restricted Stock Units | 5,163 | 0.00 | — | 0 | D | ↗ |
| 2025-02-22 | McGraner Matt | Officer | F-InKind | D | Common Stock | 6,021 | 15.55 | 93.6K | 212,275 | D | ↗ |
| 2025-02-22 | DONDERO JAMES D | Director / Officer / 10% Owner | M-Exempt | D | Restricted Stock Units | 15,840 | 0.00 | — | 0 | D | ↗ |
| 2025-02-21 | Sauter Dennis Charles Jr | Officer | M-Exempt | D | Restricted Stock Units | 2,146 | 0.00 | — | 2,146 | D | ↗ |
| 2025-02-21 | Richards Paul | Officer | F-InKind | D | Common Stock | 2,934 | 15.55 | 45.6K | 38,067 | D | ↗ |
| 2025-02-21 | Mitts Brian | Director | F-InKind | D | Common Stock | 2,998 | 15.55 | 46.6K | 70,739 | D | ↗ |
| 2025-02-21 | McGraner Matt | Officer | M-Exempt | A | Common Stock | 17,309 | 0.00 | — | 209,107 | D | ↗ |
| 2025-02-21 | DONDERO JAMES D | Director / Officer / 10% Owner | M-Exempt | D | Restricted Stock Units | 17,309 | 0.00 | — | 17,308 | D | ↗ |
| 2025-01-01 | Richards Paul | Officer | — | — | Common Stock | 0 | 0.00 | — | 36,431 | D | ↗ |
| 2024-05-08 | Sauter Dennis Charles Jr | Officer | F-InKind | D | Common Stock | 689 | 13.69 | 9.4K | 19,356 | — | ↗ |
| 2024-05-08 | Mitts Brian | Director / Officer | M-Exempt | A | Common Stock | 5,780 | 0.00 | — | 70,463 | — | ↗ |
| 2024-05-08 | McGraner Matt | Officer | F-InKind | D | Common Stock | 15,098 | 13.69 | 206.7K | 191,798 | — | ↗ |
| 2024-05-08 | DONDERO JAMES D | Director / Officer / 10% Owner | M-Exempt | D | Restricted Stock Units | 17,557 | 0.00 | — | 0 | — | ↗ |
| 2024-04-04 | Wood Catherine D. | Director | M-Exempt | A | Common Stock | 4,274 | 0.00 | — | 20,180 | — | ↗ |
| 2024-04-04 | Swain Carol | Director | M-Exempt | D | Restricted Stock Units | 4,274 | 0.00 | — | 0 | — | ↗ |
| 2024-04-04 | Sauter Dennis Charles Jr | Officer | F-InKind | D | Common Stock | 1,148 | 13.04 | 15.0K | 18,600 | — | ↗ |
| 2024-04-04 | Mitts Brian | Director / Officer | M-Exempt | D | Restricted Stock Units | 6,837 | 0.00 | — | 20,512 | — | ↗ |
| 2024-04-04 | McGraner Matt | Officer | M-Exempt | D | Restricted Stock Units | 32,010 | 0.00 | — | 96,031 | — | ↗ |
| 2024-04-04 | LAFFER ARTHUR B | Director | M-Exempt | D | Restricted Stock Units | 4,274 | 0.00 | — | 0 | — | ↗ |
| 2024-04-04 | KAVANAUGH SCOTT F | Director | M-Exempt | D | Restricted Stock Units | 4,274 | 0.00 | — | 0 | — | ↗ |
| 2024-04-04 | DONDERO JAMES D | Director / Officer / 10% Owner | M-Exempt | D | Restricted Stock Units | 33,284 | 0.00 | — | 99,851 | — | ↗ |
| 2024-04-04 | Constantino Edward N. | Director | M-Exempt | D | Restricted Stock Units | 4,274 | 0.00 | — | 0 | — | ↗ |
| 2024-03-13 | Wood Catherine D. | Director | A-Award | A | Restricted Stock Units | 4,530 | 0.00 | — | 4,530 | — | ↗ |
| 2024-03-13 | Swain Carol | Director | A-Award | A | Restricted Stock Units | 4,530 | 0.00 | — | 4,530 | — | ↗ |
| 2024-03-13 | Sauter Dennis Charles Jr | Officer | A-Award | A | Restricted Stock Units | 11,667 | 0.00 | — | 11,667 | — | ↗ |
| 2024-03-13 | Mitts Brian | Director / Officer | A-Award | A | Restricted Stock Units | 33,333 | 0.00 | — | 33,333 | — | ↗ |
| 2024-03-13 | McGraner Matt | Officer | A-Award | A | Restricted Stock Units | 153,750 | 0.00 | — | 153,750 | — | ↗ |
| 2024-03-13 | LAFFER ARTHUR B | Director | A-Award | A | Restricted Stock Units | 4,530 | 0.00 | — | 4,530 | — | ↗ |
| 2024-03-13 | KAVANAUGH SCOTT F | Director | A-Award | A | Restricted Stock Units | 4,530 | 0.00 | — | 4,530 | — | ↗ |
| 2024-03-13 | DONDERO JAMES D | Director / Officer / 10% Owner | A-Award | A | Restricted Stock Units | 153,750 | 0.00 | — | 153,750 | — | ↗ |
| 2024-03-13 | Constantino Edward N. | Director | A-Award | A | Restricted Stock Units | 4,530 | 0.00 | — | 4,530 | — | ↗ |
| 2024-02-22 | Sauter Dennis Charles Jr | Officer | M-Exempt | D | Restricted Stock Units | 1,334 | 0.00 | — | 1,335 | — | ↗ |
| 2024-02-22 | Mitts Brian | Director / Officer | M-Exempt | D | Restricted Stock Units | 5,163 | 0.00 | — | 5,163 | — | ↗ |
| 2024-02-22 | McGraner Matt | Officer | M-Exempt | D | Restricted Stock Units | 15,839 | 0.00 | — | 15,840 | — | ↗ |
| 2024-02-22 | DONDERO JAMES D | Director / Officer / 10% Owner | M-Exempt | D | Restricted Stock Units | 15,839 | 0.00 | — | 15,840 | — | ↗ |
| 2024-02-21 | Sauter Dennis Charles Jr | Officer | M-Exempt | D | Restricted Stock Units | 2,146 | 0.00 | — | 4,292 | — | ↗ |
| 2024-02-21 | Mitts Brian | Director / Officer | F-InKind | D | Common Stock | 2,188 | 14.26 | 31.2K | 56,698 | — | ↗ |
| 2024-02-21 | McGraner Matt | Officer | M-Exempt | D | Restricted Stock Units | 17,309 | 0.00 | — | 34,617 | — | ↗ |
| 2024-02-21 | DONDERO JAMES D | Director / Officer / 10% Owner | M-Exempt | A | Common Stock | 17,309 | 0.00 | — | 118,970 | — | ↗ |
| 2023-06-07 | Wood Catherine D. | Director | P-Purchase | A | Common Stock | 3,600 | 16.09 | 57.9K | 15,906 | — | ↗ |
| 2023-05-17 | McGraner Matt | Officer | P-Purchase | A | Common Stock | 2,000 | 13.78 | 27.6K | 140,895 | — | ↗ |
| 2023-05-10 | McGraner Matt | Officer | P-Purchase | A | Common Stock | 2,000 | 13.05 | 26.1K | 138,895 | — | ↗ |
| 2023-05-08 | Sauter Dennis Charles Jr | Officer | M-Exempt | D | Restricted Stock Units | 1,445 | 0.00 | — | 1,445 | — | ↗ |
| 2023-05-08 | Mitts Brian | Director / Officer | M-Exempt | D | Restricted Stock Units | 5,780 | 0.00 | — | 5,780 | — | ↗ |
| 2023-05-08 | McGraner Matt | Officer | F-InKind | D | Common Stock | 10,070 | 13.48 | 135.7K | 136,895 | — | ↗ |
| 2023-05-08 | Goetz Matthew | Officer | F-InKind | D | Common Stock | 4,149 | 13.48 | 55.9K | 89,164 | — | ↗ |
| 2023-05-08 | DONDERO JAMES D | Director / Officer / 10% Owner | M-Exempt | D | Restricted Stock Units | 17,558 | 0.00 | — | 17,557 | — | ↗ |
| 2023-04-04 | Wood Catherine D. | Director | A-Award | A | Restricted Stock Units | 4,274 | 0.00 | — | 4,274 | — | ↗ |
| 2023-04-04 | Swain Carol | Director | A-Award | A | Restricted Stock Units | 4,274 | 0.00 | — | 4,274 | — | ↗ |
| 2023-04-04 | Sauter Dennis Charles Jr | Officer | A-Award | A | Restricted Stock Units | 12,953 | 0.00 | — | 12,953 | — | ↗ |
| 2023-04-04 | Mitts Brian | Director / Officer | A-Award | A | Restricted Stock Units | 27,349 | 0.00 | — | 27,349 | — | ↗ |
| 2023-04-04 | McGraner Matt | Officer | A-Award | A | Restricted Stock Units | 128,041 | 0.00 | — | 128,041 | — | ↗ |
| 2023-04-04 | LAFFER ARTHUR B | Director | A-Award | A | Restricted Stock Units | 4,274 | 0.00 | — | 4,274 | — | ↗ |
| 2023-04-04 | KAVANAUGH SCOTT F | Director | A-Award | A | Restricted Stock Units | 4,274 | 0.00 | — | 4,274 | — | ↗ |
| 2023-04-04 | Goetz Matthew | Officer | A-Award | A | Restricted Stock Units | 54,105 | 0.00 | — | 54,015 | — | ↗ |
| 2023-04-04 | DONDERO JAMES D | Director / Officer / 10% Owner | A-Award | A | Restricted Stock Units | 133,135 | 0.00 | — | 133,135 | — | ↗ |
| 2023-04-04 | Constantino Edward N. | Director | A-Award | A | Restricted Stock Units | 4,274 | 0.00 | — | 4,274 | — | ↗ |
| 2023-02-22 | Sauter Dennis Charles Jr | Officer | M-Exempt | A | Common Stock | 1,334 | 0.00 | — | 13,500 | — | ↗ |
| 2023-02-22 | Mitts Brian | Director / Officer | M-Exempt | A | Common Stock | 5,164 | 0.00 | — | 51,220 | — | ↗ |
| 2023-02-22 | McGraner Matt | Officer | F-InKind | D | Common Stock | 4,680 | 18.27 | 85.5K | 123,121 | — | ↗ |
| 2023-02-22 | Goetz Matthew | Officer | M-Exempt | A | Common Stock | 8,993 | 0.00 | — | 84,048 | — | ↗ |
| 2023-02-22 | DONDERO JAMES D | Director / Officer / 10% Owner | M-Exempt | D | Restricted Stock Units | 15,839 | 0.00 | — | 31,679 | — | ↗ |
| 2023-02-21 | Wood Catherine D. | Director | M-Exempt | D | Restricted Stock Units | 3,116 | 0.00 | — | 0 | — | ↗ |
| 2023-02-21 | Sauter Dennis Charles Jr | Officer | M-Exempt | A | Common Stock | 2,147 | 0.00 | — | 12,871 | — | ↗ |
| 2023-02-21 | Mitts Brian | Director / Officer | M-Exempt | A | Common Stock | 5,539 | 0.00 | — | 47,876 | — | ↗ |
| 2023-02-21 | McGraner Matt | Officer | F-InKind | D | Common Stock | 5,110 | 18.50 | 94.5K | 111,962 | — | ↗ |
| 2023-02-21 | LAFFER ARTHUR B | Director | M-Exempt | D | Restricted Stock Units | 3,116 | 0.00 | — | 0 | — | ↗ |
| 2023-02-21 | KAVANAUGH SCOTT F | Director | M-Exempt | D | Restricted Stock Units | 3,116 | 0.00 | — | 0 | — | ↗ |
| 2023-02-21 | Goetz Matthew | Officer | M-Exempt | D | Restricted Stock Units | 10,939 | 0.00 | — | 32,817 | — | ↗ |
| 2023-02-21 | DONDERO JAMES D | Director / Officer / 10% Owner | M-Exempt | D | Restricted Stock Units | 17,309 | 0.00 | — | 51,926 | — | ↗ |
| 2023-02-21 | Constantino Edward N. | Director | M-Exempt | A | Common Stock | 3,116 | 0.00 | — | 26,737 | — | ↗ |
| 2023-01-09 | McGraner Matt | Officer | P-Purchase | A | Common Stock | 5,000 | 16.81 | 84.1K | 99,763 | — | ↗ |
| 2023-01-09 | DONDERO JAMES D | Officer | P-Purchase | A | 8.50% Series A Cumulative Redeemable Preferred Stock | 510 | 20.25 | 10.3K | 29,810 | — | ↗ |
| 2022-12-29 | Mitts Brian | Officer | P-Purchase | A | Common Stock | 95 | 15.95 | 1.5K | 95 | — | ↗ |
| 2022-12-23 | NEXPOINT DIVERSIFIED REAL ESTATE TRUST | Director | — | I | Class B OP Units | 4,869,081 | 0.00 | — | — | — | ↗ |
| 2022-12-23 | DONDERO JAMES D | Officer | M-Exempt | D | Class B OP Units | 2,100,000 | 0.00 | — | 4,869,081 | — | ↗ |
| 2022-10-07 | Sauter Dennis Charles Jr | Officer | P-Purchase | A | Common Stock | 6,500 | 15.43 | 100.3K | 10,724 | — | ↗ |
| 2022-10-07 | Goetz Matthew | Officer | P-Purchase | A | Common Stock | 4,900 | 15.56 | 76.2K | 67,507 | — | ↗ |
| 2022-10-06 | Mitts Brian | Officer | P-Purchase | A | Common Stock | 1,667 | 15.08 | 25.1K | 42,337 | — | ↗ |
| 2022-10-06 | McGraner Matt | Officer | P-Purchase | A | Common Stock | 10,000 | 15.15 | 151.5K | 94,763 | — | ↗ |
| 2022-10-06 | Goetz Matthew | Officer | P-Purchase | A | Common Stock | 100 | 14.85 | 1.5K | 62,607 | — | ↗ |
| 2022-10-05 | McGraner Matt | Officer | P-Purchase | A | Common Stock | 10,000 | 15.44 | 154.4K | 84,763 | — | ↗ |
| 2022-09-26 | DONDERO JAMES D | Director / Officer / 10% Owner | P-Purchase | A | 8.50% Series A Cumulative Redeemable Preferred Stock | 4,463 | 23.50 | 104.9K | 29,300 | — | ↗ |
| 2022-09-23 | DONDERO JAMES D | Director / Officer / 10% Owner | P-Purchase | A | 8.50% Series A Cumulative Redeemable Preferred Stock | 734 | 23.70 | 17.4K | 18,974 | — | ↗ |
| 2022-09-22 | DONDERO JAMES D | Director / Officer / 10% Owner | P-Purchase | A | 8.50% Series A Cumulative Redeemable Preferred Stock | 154 | 23.77 | 3.7K | 18,240 | — | ↗ |
| 2022-09-21 | DONDERO JAMES D | Director / Officer / 10% Owner | P-Purchase | A | 8.50% Series A Cumulative Redeemable Preferred Stock | 29 | 23.70 | 687.30 | 18,086 | — | ↗ |
| 2022-09-20 | DONDERO JAMES D | Director / Officer / 10% Owner | P-Purchase | A | 8.50% Series A Cumulative Redeemable Preferred Stock | 70 | 23.75 | 1.7K | 18,057 | — | ↗ |
| 2022-09-19 | DONDERO JAMES D | Director / Officer / 10% Owner | P-Purchase | A | 8.50% Series A Cumulative Redeemable Preferred Stock | 78 | 23.75 | 1.9K | 17,987 | — | ↗ |
| 2022-09-16 | DONDERO JAMES D | Director / Officer / 10% Owner | P-Purchase | A | 8.50% Series A Cumulative Redeemable Preferred Stock | 172 | 23.85 | 4.1K | 17,909 | — | ↗ |
| 2022-09-15 | DONDERO JAMES D | Director / Officer / 10% Owner | P-Purchase | A | 8.50% Series A Cumulative Redeemable Preferred Stock | 211 | 23.83 | 5.0K | 17,737 | — | ↗ |
| 2022-09-14 | DONDERO JAMES D | Director / Officer / 10% Owner | P-Purchase | A | 8.50% Series A Cumulative Redeemable Preferred Stock | 515 | 23.90 | 12.3K | 17,526 | — | ↗ |
| 2022-09-06 | DONDERO JAMES D | Director / Officer / 10% Owner | P-Purchase | A | 8.50% Series A Cumulative Redeemable Preferred Stock | 2,550 | 23.80 | 60.7K | 17,011 | — | ↗ |
| 2022-09-01 | DONDERO JAMES D | Director / Officer / 10% Owner | P-Purchase | A | 8.50% Series A Cumulative Redeemable Preferred Stock | 1,637 | 23.80 | 39.0K | 13,211 | — | ↗ |
| 2022-08-30 | DONDERO JAMES D | Officer | P-Purchase | A | 8.50% Series A Cumulative Redeemable Preferred Stock | 413 | 23.80 | 9.8K | 11,574 | — | ↗ |
| 2022-08-08 | DONDERO JAMES D | Officer | P-Purchase | A | 8.50% Series A Cumulative Redeemable Preferred Stock | 4,590 | 23.95 | 109.9K | 11,161 | — | ↗ |
| 2022-08-04 | DONDERO JAMES D | Officer | P-Purchase | A | 8.50% Series A Cumulative Redeemable Preferred Stock | 410 | 24.00 | 9.8K | 6,571 | — | ↗ |
| 2022-08-02 | Swain Carol | Director | — | — | — | 0 | 0.00 | — | 0 | — | ↗ |
| 2022-07-06 | DONDERO JAMES D | Officer | P-Purchase | A | 8.50% Series A Cumulative Redeemable Preferred Stock | 1,132 | 24.80 | 28.1K | 6,161 | — | ↗ |
| 2022-06-16 | DONDERO JAMES D | Officer | P-Purchase | A | 8.50% Series A Cumulative Redeemable Preferred Stock | 5,029 | 24.64 | 123.9K | 5,029 | — | ↗ |
| 2022-05-08 | Sauter Dennis Charles Jr | Officer | M-Exempt | A | Common Stock | 1,445 | 0.00 | — | 4,224 | — | ↗ |
| 2022-05-08 | Mitts Brian | Officer | M-Exempt | D | Restricted Stock Units | 5,780 | 0.00 | — | 11,560 | — | ↗ |
| 2022-05-08 | McGraner Matt | Officer | F-InKind | D | Common Stock | 6,760 | 24.02 | 162.4K | 74,763 | — | ↗ |
| 2022-05-08 | Goetz Matthew | Officer | M-Exempt | D | Restricted Stock Units | 11,922 | 0.00 | — | 23,843 | — | ↗ |
| 2022-05-08 | DONDERO JAMES D | Officer | M-Exempt | D | Restricted Stock Units | 17,558 | 0.00 | — | 35,115 | — | ↗ |
| 2022-02-22 | Wood Catherine D | Director | M-Exempt | A | Common Stock | 2,958 | 0.00 | — | 9,190 | — | ↗ |
| 2022-02-22 | Sauter Dennis Charles Jr | Officer | M-Exempt | A | Common Stock | 1,334 | 0.00 | — | 2,779 | — | ↗ |
| 2022-02-22 | Mitts Brian | Director / Officer | M-Exempt | D | Restricted Stock Units | 5,164 | 0.00 | — | 15,490 | — | ↗ |
| 2022-02-22 | McGraner Matt | Officer | M-Exempt | A | Common Stock | 15,839 | 0.00 | — | 62,250 | — | ↗ |
| 2022-02-22 | LAFFER ARTHUR B | Director | M-Exempt | D | Restricted Stock Units | 2,958 | 0.00 | — | 0 | — | ↗ |
| 2022-02-22 | KAVANAUGH SCOTT F | Director | M-Exempt | D | Restricted Stock Units | 2,958 | 0.00 | — | 0 | — | ↗ |
| 2022-02-22 | Goetz Matthew | Officer | M-Exempt | D | Restricted Stock Units | 8,993 | 0.00 | — | 26,979 | — | ↗ |
| 2022-02-22 | DONDERO JAMES D | Director / Officer / 10% Owner | M-Exempt | A | Common Stock | 15,839 | 0.00 | — | 33,397 | — | ↗ |
| 2022-02-22 | Constantino Edward N. | Director | M-Exempt | A | Common Stock | 2,958 | 0.00 | — | 23,621 | — | ↗ |
| 2022-02-21 | Wood Catherine D | Director | A-Award | A | Restricted Stock Units | 3,116 | 0.00 | — | 3,116 | — | ↗ |
| 2022-02-21 | Sauter Dennis Charles Jr | Officer | A-Award | A | Restricted Stock Units | 8,585 | 0.00 | — | 8,585 | — | ↗ |
| 2022-02-21 | Mitts Brian | Director / Officer | A-Award | A | Restricted Stock Units | 22,155 | 0.00 | — | 22,155 | — | ↗ |
| 2022-02-21 | McGraner Matt | Officer | A-Award | A | Restricted Stock Units | 69,235 | 0.00 | — | 69,235 | — | ↗ |
| 2022-02-21 | LAFFER ARTHUR B | Director | A-Award | A | Restricted Stock Units | 3,116 | 0.00 | — | 3,116 | — | ↗ |
| 2022-02-21 | KAVANAUGH SCOTT F | Director | A-Award | A | Restricted Stock Units | 3,116 | 0.00 | — | 3,116 | — | ↗ |
| 2022-02-21 | Goetz Matthew | Officer | A-Award | A | Restricted Stock Units | 43,756 | 0.00 | — | 43,756 | — | ↗ |
| 2022-02-21 | DONDERO JAMES D | Director / Officer / 10% Owner | A-Award | A | Restricted Stock Units | 69,235 | 0.00 | — | 69,235 | — | ↗ |
| 2022-02-21 | Constantino Edward N. | Director | A-Award | A | Restricted Stock Units | 3,116 | 0.00 | — | 3,116 | — | ↗ |
| 2022-01-07 | DONDERO JAMES D | Director / Officer / 10% Owner | D-Return | D | Class C OP Units | 276,946 | 0.00 | — | 0 | — | ↗ |
| 2021-12-16 | DONDERO JAMES D | Director / Officer / 10% Owner | G-Gift | D | Class C OP Units | 395,034 | 0.00 | — | 0 | — | ↗ |
| 2021-09-08 | McGraner Matt | Officer | J-Other | A | Class C OP Units | 126,975 | 0.00 | — | 126,975 | — | ↗ |
| 2021-09-08 | DONDERO JAMES D | Director / Officer / 10% Owner | J-Other | A | Class B OP Units | 3,247,510 | 0.00 | — | 3,247,510 | — | ↗ |
| 2021-06-24 | Sauter Dennis Charles Jr | Officer | M-Exempt | A | Common Stock | 1,445 | 0.00 | — | 1,445 | — | ↗ |
| 2021-06-24 | Mitts Brian | Director / Officer | F-InKind | D | Common Stock | 2,402 | 20.73 | 49.8K | 31,394 | — | ↗ |
| 2021-06-24 | McGraner Matt | Officer | F-InKind | D | Common Stock | 6,748 | 20.73 | 139.9K | 46,411 | — | ↗ |
| 2021-06-24 | Goetz Matthew | Officer | F-InKind | D | Common Stock | 3,544 | 20.73 | 73.5K | 44,930 | — | ↗ |
| 2021-06-24 | DONDERO JAMES D | Director / Officer | M-Exempt | A | Common Stock | 17,558 | 0.00 | — | 17,558 | — | ↗ |
| 2021-05-08 | LAFFER ARTHUR B | Director | M-Exempt | D | Restricted Stock Units | 4,913 | 0.00 | — | 0 | — | ↗ |
| 2021-05-08 | KAVANAUGH SCOTT F | Director | M-Exempt | D | Restricted Stock Units | 4,913 | 0.00 | — | 0 | — | ↗ |
| 2021-05-08 | Constantino Edward N. | Director | M-Exempt | D | Restricted Stock Units | 4,913 | 0.00 | — | 0 | — | ↗ |
Executive team
Executive compensation
| # | Year | Executive | Salary | Bonus | Stock award | Option award | Incentive | Other | Total | % Stock- based |
Filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 2025 | James Dondero President | — | — | 2.16M | — | — | — | 2.16M | 100.00% | ↗ |
| 2 | 2025 | Matt McGraner Chief Investment Officer and Executive VP | — | — | 2.16M | — | — | — | 2.16M | 100.00% | ↗ |
| 3 | 2025 | Paul Richards Chief Financial Officer, Executive VP- Finance, Assistant Secretary and Treasurer | — | — | 885.3K | — | — | — | 885.3K | 100.00% | ↗ |
| 4 | 2024 | James Dondero President | — | — | 2.25M | — | — | — | 2.25M | 100.00% | ↗ |
| 5 | 2024 | Matt McGraner Chief Investment Officer and Executive VP | — | — | 2.25M | — | — | — | 2.25M | 100.00% | ↗ |
| 6 | 2024 | Brian Mitts Former Chief Financial Officer, Executive VP- Finance, Secretary and Treasurer | — | — | 488.7K | — | — | — | 488.7K | 100.00% | ↗ |
| 7 | 2023 | James Dondero President | — | — | 2.02M | — | — | — | 2.02M | 100.00% | ↗ |
| 8 | 2023 | Matt McGraner Chief Investment Officer and Executive VP | — | — | 1.94M | — | — | — | 1.94M | 100.00% | ↗ |
| 9 | 2023 | Matthew Goetz Former Senior VP — Investments and Asset Management | — | — | 1.46M | — | — | — | 1.46M | 100.00% | ↗ |
| 10 | 2023 | Brian Mitts Former Chief Financial Officer, Executive VP- Finance, Secretary and Treasurer | — | — | 414.1K | — | — | — | 414.1K | 100.00% | ↗ |
| 11 | 2023 | Brian Mitts Chief Financial Officer, Executive VP- Finance, Secretary and Treasurer | — | — | 414.1K | — | — | — | 414.1K | 100.00% | ↗ |
| 12 | 2022 | Matt McGraner Chief Investment Officer and Executive VP | — | — | 1.41M | — | — | — | 1.41M | 100.00% | ↗ |
| 13 | 2022 | James Dondero President | — | — | 1.41M | — | — | — | 1.41M | 100.00% | ↗ |
| 14 | 2022 | Matthew Goetz Former Senior VP — Investments and Asset Management | — | — | 888.2K | — | — | — | 888.2K | 100.00% | ↗ |
| 15 | 2022 | Matthew Goetz Former Senior VP-Investments and Asset Management | — | — | 888.2K | — | — | — | 888.2K | 100.00% | ↗ |
| 16 | 2022 | Matthew Goetz Senior VP-Investments and Asset Management | — | — | 888.2K | — | — | — | 888.2K | 100.00% | ↗ |
| 17 | 2022 | Brian Mitts Chief Financial Officer, Executive VP- Finance, Secretary and Treasurer | — | — | 335.4K | — | — | — | 335.4K | 100.00% | ↗ |
| 18 | 2021 | James Dondero President | — | — | 1.23M | — | — | — | 1.23M | 100.00% | ↗ |
| 19 | 2021 | Matt McGraner Chief Investment Officer and Executive VP | — | — | 1.23M | — | — | — | 1.23M | 100.00% | ↗ |
| 20 | 2021 | Matthew Goetz Former Senior VP-Investments and Asset Management | — | — | 697.5K | — | — | — | 697.5K | 100.00% | ↗ |
| 21 | 2021 | Matthew Goetz Senior VP-Investments and Asset Management | — | — | 697.5K | — | — | — | 697.5K | 100.00% | ↗ |
| 22 | 2020 | Matt McGraner Chief Investment Officer and Executive VP | — | — | 1.16M | — | — | — | 1.16M | 100.00% | ↗ |
| 23 | 2020 | James Dondero President and Chairman | — | — | 1.15M | — | — | — | 1.15M | 100.00% | ↗ |
| 24 | 2020 | James Dondero President | — | — | 850.5K | — | — | — | 850.5K | 100.00% | ↗ |
| 25 | 2020 | Matthew Goetz Senior VP-Investments and Asset Management | — | — | 577.6K | — | — | — | 577.6K | 100.00% | ↗ |
No CEO compensation history available.
Proxy statements
Recent SEC filings
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Dennis Charles Sauter Jr. | General Counsel & Secretary | — | male |
| James David Dondero | Chairman, President & Chief Executive Officer | — | male |
| Kristen Thomas | Director of Investor Relations | — | — |
| Matthew Ryan McGraner | Executive Vice President & Chief Investment Officer | — | male |
| Paul Richards | Executive VP of Finance, CFO, Assistant Secretary & Treasurer | — | male |
| Will Mabry | Chief Accounting Officer | — | male |
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Community Opinion for NREF
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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