Starwood Property Trust, Inc.
MX ˙ BMV ˙ US85571B1052
SecurityMX:STWD / Starwood Property Trust, Inc.
InstitutionTwo Sigma Advisers, Lp
Latest Disclosed Ownership1,746,800 shares
Latest Disclosed Value $ 31,459,868
Two Sigma Advisers, Lp reports 47.14% increase in ownership of STWD / Starwood Property Trust, Inc.

On February 17, 2026 - Two Sigma Advisers, Lp filed a 13F-HR form disclosing ownership of 1,746,800 shares of Starwood Property Trust, Inc. (MX:STWD) valued at $31,459,868 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 14, 2025 disclosing 1,187,200 shares of Starwood Property Trust, Inc.. This represents a change in shares of 47.14% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-02-17 2025-12-31 13F STARWOOD PPTY TR COM 85571B105 1,746,800 559,600 47.14 31,460 36.80 0.0612
2025-11-14 2025-09-30 13F STARWOOD PPTY TR COM 85571B105 1,187,200 328,900 38.32 22,996 33.50 0.0460
2025-08-14 2025-06-30 13F STARWOOD PPTY TR COM 85571B105 858,300 402,400 88.26 17,226 91.12 0.0353
2025-05-15 2025-03-31 13F STARWOOD PPTY TR COM 85571B105 455,900 455,900 9,013 0.0203
2025-02-14 2024-12-31 13F STARWOOD PPTY TR COM 85571B105 0 -40,400 -100.00 0 -100.00
2024-11-14 2024-09-30 13F STARWOOD PPTY TR COM 85571B105 40,400 25,700 174.83 823 196.04 0.0019
2024-08-14 2024-06-30 13F STARWOOD PPTY TR COM 85571B105 14,700 14,700 278 0.0006
2021-08-16 2021-06-30 13F STARWOOD PPTY TR COM 85571B105 0 -369,116 -100.00 0 -100.00
2021-05-17 2021-03-31 13F STARWOOD PPTY TR COM 85571B105 369,116 -324,500 -46.78 9,132 -31.78 0.0251
2021-02-16 2020-12-31 13F STARWOOD PPTY TR COM 85571B105 693,616 -61,900 -8.19 13,387 17.42 0.0358
2020-11-16 2020-09-30 13F STARWOOD PPTY TR COM 85571B105 755,516 -348,800 -31.59 11,401 -30.99 0.0326
2020-09-15 2020-06-30 13F/A-1 STARWOOD PPTY TR COM 85571B105 1,104,316 -71,900 -6.11 16,521 37.04 0.0485
2020-08-14 2020-06-30 13F STARWOOD PPTY TR COM 85571B105 1,104,316 -71,900 16,521 47,740.2031
2020-05-15 2020-03-31 13F STARWOOD PPTY TR COM 85571B105 1,176,216 -360,000 -23.43 12,056 -68.43 0.0461
2020-02-14 2019-12-31 13F STARWOOD PPTY TR COM 85571B105 1,536,216 -64,000 -4.00 38,190 -1.46 0.0886
2019-11-14 2019-09-30 13F STARWOOD PPTY TR COM 85571B105 1,600,216 141,000 9.66 38,757 16.90 0.0949
2019-08-14 2019-06-30 13F STARWOOD PPTY TR COM 85571B105 1,459,216 466,063 46.93 33,153 49.36 0.0825
2019-05-15 2019-03-31 13F STARWOOD PPTY TR COM 85571B105 993,153 -76,000 -7.11 22,197 5.33 0.0560
2019-02-14 2018-12-31 13F STARWOOD PPTY TR COM 85571B105 1,069,153 -147,500 -12.12 21,073 -19.51 0.0576
2018-11-14 2018-09-30 13F STARWOOD PPTY TR COM 85571B105 1,216,653 430,600 54.78 26,182 53.43 0.0639
2018-08-14 2018-06-30 13F STARWOOD PPTY TR COM 85571B105 786,053 197,400 33.53 17,065 38.38 0.0459
2018-05-15 2018-03-31 13F STARWOOD PPTY TR COM 85571B105 588,653 -1,349,700 -69.63 12,332 -70.20 0.0334
2018-02-14 2017-12-31 13F STARWOOD PPTY TR COM 85571B105 1,938,353 709,300 57.71 41,384 55.03 0.1116
2017-11-14 2017-09-30 13F STARWOOD PPTY TR COM 85571B105 1,229,053 -59,931 -4.65 26,695 -7.50 0.0757
2017-08-14 2017-06-30 13F STARWOOD PPTY TR COM 85571B105 1,288,984 398,601 44.77 28,860 43.55 0.0953
2017-05-15 2017-03-31 13F STARWOOD PPTY TR COM 85571B105 890,383 255,167 40.17 20,105 44.19 0.0659
2017-02-14 2016-12-31 13F STARWOOD PPTY TR COM 85571B105 635,216 342,900 117.30 13,943 111.80 0.0533
2016-11-14 2016-09-30 13F STARWOOD PPTY TR COM 85571B105 292,316 -43,000 -12.82 6,583 -5.25 0.0280
2016-08-15 2016-06-30 13F STARWOOD PPTY TR COM 85571B105 335,316 -566,100 -62.80 6,948 -59.28 0.0353
2016-05-16 2016-03-31 13F STARWOOD PPTY TR COM 85571B105 901,416 206,400 29.70 17,064 19.41 0.0955
2016-02-16 2015-12-31 13F STARWOOD PPTY TR COM 85571B105 695,016 443,800 176.66 14,290 177.21 0.0852
2015-11-16 2015-09-30 13F STARWOOD PPTY TR COM 85571B105 251,216 43,399 20.88 5,155 14.99 0.0325
2016-02-09 2015-06-30 13F/A-1 STARWOOD PPTY TR COM 85571B105 207,817 207,817 84.70 4,483 71.43 0.0345
2015-08-14 2015-06-30 13F STARWOOD PPTY TR COM 85571B105 207,817 4,482
2015-05-15 2015-03-31 13F STARWOOD PROPERTY TRUST REAL ESTATE INV TRST 85571B105 0 -112,516 -100.00 0 -100.00
2016-02-09 2014-12-31 13F/A-1 STARWOOD PROPERTY TRUST REAL ESTATE INV TRST 85571B105 112,516 112,516 2,615 0.0209
2015-02-17 2014-12-31 13F STARWOOD PROPERTY TRUST REAL ESTATE INV TRST 85571B105 113,116 2,628 0.0210
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.