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	819,900	$3,435,382	1.62%
2.	Camelot Portfolios, Llc	367,739	$1,540,828	0.92%
3.	Madden Securities Corp	210,745	$883,022	0.3%
4.	Adams Asset Advisors, Llc	56,300	$235,897	0.03%
5.	Burford Brothers, Inc.	39,876	$167,080	0.08%