STARWOOD PPTY TR INC STWD
COM · REIT · CUSIP 85571B105 · ISIN US85571B1052
Commercial mortgage REIT
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersMiami Beach, FL
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($9.4m this quarter). Holder counts are more reliable. Shares outstanding: 370.2m as of 2026-07-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $16.42. Options: 10 managers hold calls ($22.1m notional), 17 hold puts ($117.6m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 444 |
| Q4 2022 | 465 |
| Q1 2023 | 456 |
| Q2 2023 | 454 |
| Q3 2023 | 454 |
| Q4 2023 | 484 |
| Q1 2024 | 481 |
| Q2 2024 | 494 |
| Q3 2024 | 508 |
| Q4 2024 | 499 |
| Q1 2025 | 501 |
| Q2 2025 | 509 |
| Q3 2025 | 528 |
| Q4 2025 | 529 |
| Q1 2026 | 529 |
| Q2 2026 | 519 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 275 | 164 |
| Q4 2024 | 234 | 200 |
| Q1 2025 | 249 | 193 |
| Q2 2025 | 248 | 204 |
| Q3 2025 | 294 | 164 |
| Q4 2025 | 218 | 252 |
| Q1 2026 | 274 | 213 |
| Q2 2026 | 251 | 225 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $100.1m | $149.0m | 1.49 |
| Q4 2025 | $51.9m | $132.2m | 2.55 |
| Q1 2026 | $18.9m | $114.0m | 6.03 |
| Q2 2026 | $22.1m | $117.6m | 5.33 |
Biggest buyers
| MORGAN STANLEY | Added | +1.4m |
| BlackRock, Inc. | Added | +727.0k |
| D. E. Shaw & Co., Inc. | Added | +493.4k |
| CITADEL ADVISORS LLC | Added | +401.3k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Added | +385.0k |
| FMR LLC | Added | +338.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +315.1k |
| RAYMOND JAMES FINANCIAL INC | Added | +302.3k |
| Advisors Capital Management, LLC | Added | +276.7k |
| MARSHALL WACE, LLP | New | +259.0k |
Biggest sellers
| TWO SIGMA INVESTMENTS, LP | Reduced | -1.4m |
| NORTHERN TRUST CORP | Reduced | -915.9k |
| AMERIPRISE FINANCIAL INC | Reduced | -733.3k |
| Columbus Macro, LLC | Sold out | -651.9k |
| HRT FINANCIAL LP | Sold out | -623.8k |
| Cetera Investment Advisers | Reduced | -614.4k |
| ENVESTNET ASSET MANAGEMENT INC | Reduced | -607.0k |
| GOLDMAN SACHS GROUP INC | Reduced | -436.0k |
| WINTON GROUP Ltd | Reduced | -377.0k |
| Invesco Ltd. | Reduced | -209.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $10.6m648.6k shares |
| CITADEL ADVISORS LLC | Added | $4.5m274.8k shares |
| Twin Tree Management, LP | New | $2.1m126.5k shares |
| IMC-Chicago, LLC | Added | $1.8m108.8k shares |
| JANE STREET GROUP, LLC | Reduced | $1.1m69.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.0m63.3k shares |
| GROUP ONE TRADING LLC | Reduced | $632.3k38.6k shares |
| TUDOR INVESTMENT CORP ET AL | New | $163.8k10.0k shares |
| Walleye Trading LLC | Reduced | $113.0k6.9k shares |
| B. Riley Wealth Advisors, Inc. | Reduced | $8.5k500 shares |
Biggest puts
| TWO SIGMA INVESTMENTS, LP | Unchanged | $27.2m1.7m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $22.3m1.4m shares |
| Portman Square Capital LLP | Reduced | $19.4m1.2m shares |
| GROUP ONE TRADING LLC | Added | $13.5m825.8k shares |
| DLD Asset Management, LP | New | $8.2m500.0k shares |
| CITADEL ADVISORS LLC | Reduced | $6.3m383.0k shares |
| IMC-Chicago, LLC | Added | $5.6m342.0k shares |
| CITIGROUP INC | New | $5.2m315.0k shares |
| UBS Group AG | Added | $2.7m167.8k shares |
| SIMPLEX TRADING, LLC | Added | $2.6m158.1k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 1 | $120.1k | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-04-01 | Dishner Jeffrey G. Director | Sold | $120.1k7.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 36.0m $589.4m | Added +727.0k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 15.8m $258.5m | Added +186.6k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 15.0m $246.1m | Reduced -70.1k |
| STATE STREET CORP 0.01% of their portfolio | 11.9m $200.6m | Added +99.3k |
| MORGAN STANLEY 0.01% of their portfolio | 8.8m $143.9m | Added +1.4m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 6.7m $109.8m | Added +108.0k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 5.0m $81.6m | Reduced -733.3k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 4.5m $74.0m | Reduced -915.9k |
| Advisors Capital Management, LLC 0.74% of their portfolio | 4.3m $70.1m | Added +276.7k |
| HighTower Advisors, LLC 0.05% of their portfolio | 3.0m $49.9m | Added +246.7k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 2.9m $48.0m | Added +302.3k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 2.7m $44.3m | Reduced -14.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.6m $43.4m | Added +80.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 2.4m $38.5m | Reduced -97.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.3m $39.9m | Added +89.4k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 2.2m $36.3m | Added +50.0k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 2.2m $36.2m | Reduced -1.4m |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.04% of their portfolio | 1.8m $30.0m | Added +61.6k |
| NORGES BANK 0.00% of their portfolio | 1.7m $28.5m | Not comparable |
| VAN ECK ASSOCIATES CORP 0.02% of their portfolio | 1.6m $26.2m | Added +174.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.5m $24.8m | Reduced -436.0k |
| Invesco Ltd. 0.00% of their portfolio | 1.4m $22.9m | Reduced -209.9k |
| UBS Group AG 0.00% of their portfolio | 1.4m $22.8m | Added +87.0k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 1.3m $20.8m | Added +14.2k |
| Leeward Investments, LLC - MA 0.92% of their portfolio | 1.2m $20.3m | Added +60.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.2m $19.5m | Added +74.2k |
| VALLEY WEALTH MANAGERS, INC. 1.04% of their portfolio | 1.1m $18.0m | Reduced -59.0k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 1.0m $16.8m | Added +493.4k |
| Rockefeller Capital Management L.P. 0.03% of their portfolio | 1.0m $16.5m | Added +151.7k |
| CapWealth Advisors, LLC 1.10% of their portfolio | 976.9k $16.0m | Added +103.2k |
| LPL Financial LLC 0.00% of their portfolio | 918.4k $15.0m | Added +198.6k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 917.3k $15.0m | Added +9.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 897.5k $14.7m | Reduced -19.0k |
| NFC Investments, LLC 3.44% of their portfolio | 826.1k $13.5m | Added +153.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 791.3k $13.0m | Added +13.8k |
| Swiss National Bank 0.01% of their portfolio | 706.6k $11.6m | Added +10.2k |
| BLAIR WILLIAM & CO/IL 0.03% of their portfolio | 677.3k $11.1m | Added +4.9k |
| Nuveen, LLC 0.00% of their portfolio | 637.6k $10.4m | Reduced -123.6k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 625.2k $10.2m | Added +1.6k |
| Focus Partners Wealth 0.01% of their portfolio | 619.7k $10.2m | Added +1.1k |
| California Public Employees Retirement System 0.01% of their portfolio | 616.6k $10.1m | Reduced -5.8k |
| Seneca House Advisors 3.34% of their portfolio | 577.2k $9.5m | Reduced -44.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 574.7k $9.4m | Reduced -44.1k |
| State of New Jersey Common Pension Fund D 0.03% of their portfolio | 543.4k $8.9m | Added +10.0k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 523.8k $8.6m | Added +401.3k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 453.4k $7.8m | Reduced -1.0k |
| Legal & General Group Plc 0.00% of their portfolio | 448.9k $7.4m | Reduced -29.8k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.01% of their portfolio | 425.0k $7.0m | Added +385.0k |
| SG Americas Securities, LLC 0.00% of their portfolio | 416.3k $6.8m | Added +78.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 410.8k $6.7m | Reduced -11.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 400.6k $6.6m | Added +315.1k |
| FMR LLC 0.00% of their portfolio | 387.9k $6.4m | Added +338.0k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 363.1k $5.9m | Added +4.4k |
| Retirement Systems of Alabama 0.02% of their portfolio | 360.5k $5.9m | Reduced -66.3k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 360.0k $5.9m | Reduced -33.9k |
| SkyOak Wealth, LLC 0.92% of their portfolio | 344.9k $5.6m | Reduced -1.9k |
| QRG CAPITAL MANAGEMENT, INC. 0.05% of their portfolio | 344.7k $5.6m | Added +173.6k |
| Holocene Advisors, LP 0.01% of their portfolio | 331.8k $5.4m | Added +168.0k |
| INDEPENDENT FINANCIAL GROUP, LLC 0.10% of their portfolio | 326.2k $5.3m | Added +9.0k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 320.3k $5.2m | Added +10.9k |
| Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio | 311.6k $5.1m | Added +149.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 310.2k $5.1m | Reduced -8.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 303.4k $5.0m | Added +16.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 297.5k $4.9m | Added +12.2k |
| Sargent Investment Group, LLC 0.57% of their portfolio | 291.2k $4.8m | Reduced -1.4k |
| CENTAURUS FINANCIAL, INC. 0.18% of their portfolio | 284.5k $4.7m | Added +18.5k |
| Concurrent Investment Advisors, LLC 0.04% of their portfolio | 275.3k $4.5m | Added +37.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 274.0k $4.5m | Added +2.2k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 259.0k $4.2m | New |
| Kestra Advisory Services, LLC 0.01% of their portfolio | 254.6k $4.2m | Reduced -76.4k |
| Oak Thistle LLC 0.40% of their portfolio | 249.6k $4.1m | Added +37.2k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 247.2k $4.0m | Added +8.9k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 243.5k $4.0m | Added +4.7k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 237.7k $3.9m | New |
| Pathstone Holdings, LLC 0.01% of their portfolio | 235.4k $3.9m | Added +5.3k |
| Premier Fund Managers Ltd 0.35% of their portfolio | 230.0k $3.9m | Added +115.0k |
| Edgemoor Investment Advisors, Inc. 0.26% of their portfolio | 230.0k $3.8m | Added +23.0k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 222.3k $3.6m | Added +66.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 220.3k $3.6m | Added +178.0k |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 214.8k $3.5m | Added +155.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 209.4k $3.4m | Reduced -607.0k |
| Truvestments Capital LLC 0.51% of their portfolio | 208.4k $3.4m | Added +3.8k |
| GFS Advisors, LLC 0.18% of their portfolio | 206.3k $3.4m | Added +4.4k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 205.4k $3.4m | Added +64.2k |
| Adams Asset Advisors, LLC 0.38% of their portfolio | 202.4k $3.3m | Added +107.3k |
| Waterloo Capital, L.P. 0.18% of their portfolio | 200.4k $3.3m | Added +5.1k |
| Blue Owl Capital Holdings LP 0.49% of their portfolio | 196.4k $3.2m | Added +37.8k |
| Quantinno Capital Management LP 0.00% of their portfolio | 195.1k $3.2m | Reduced -42.9k |
| Texas Capital Bank Wealth Management Services Inc 0.17% of their portfolio | 193.8k $3.2m | Added +2.1k |
| RFG Advisory, LLC 0.05% of their portfolio | 192.4k $3.2m | Added +2.8k |
| OmniStar Financial Group, Inc. 1.44% of their portfolio | 190.5k $3.1m | Added +15.4k |
| Grange Capital, LLC 2.87% of their portfolio | 189.9k $3.1m | Reduced -3.6k |
| 1832 Asset Management L.P. 0.00% of their portfolio | 178.7k $2.9m | Unchanged |
| United Advisor Group, LLC 0.31% of their portfolio | 177.0k $2.9m | Added +3.3k |
| CITIGROUP INC 0.00% of their portfolio | 173.6k $2.8m | Added +15.7k |
| Corient Private Wealth LP 0.00% of their portfolio | 173.5k $2.8m | Reduced -120.8k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 167.8k $2.7m | Reduced -3.4k |
| Lido Advisors, LLC 0.01% of their portfolio | 166.5k $2.8m | Reduced -6.4k |
| KBC Group NV 0.01% of their portfolio | 166.5k $2.7m | Added +14.7k |
| Carmel Capital Partners, LLC 0.90% of their portfolio | 165.2k $2.7m | Reduced -32.6k |