Nexpoint Real Estate Finance Inc. (NREF)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Blackrock Inc.	619,280	$9,753,658	0%
2.	Vanguard Group Inc	422,936	$6,661,242	0%
3.	Kennedy Capital Management, Inc.	250,230	$3,941,123	0.08%
4.	Raymond James & Associates	236,087	$3,718,373	0%
5.	Geode Capital Management, Llc	186,534	$2,938,238	0%