Nexpoint Diversified Real Estate Trust (NXDT)

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Institutional Investors' Holdings

Filing Period: Filing is Ongoing

No.	Name	Shares	Value	% Port
1.	Deschutes Portfolio Strategy, Llc	944,847	$3,486,487	1.57%
2.	Gatepass Capital, Llc	433,362	$1,599,106	0.92%
3.	Madden Securities Corp	216,122	$797,490	0.24%
4.	Nations Financial Group Inc, V	120,424	$444,365	0.03%
5.	Diam Co., Ltd.	63,565	$234,555	0%