Nexpoint Diversified Real Estate Trust (NXDT)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Vanguard Group Inc	3,419,426	$20,858,498	0%
2.	Blackrock, Inc.	2,757,274	$16,819,372	0%
3.	Morgan Stanley	2,620,729	$15,986,455	0%
4.	Invesco Ltd.	2,009,378	$12,257,206	0%
5.	Geode Capital Management, Llc	885,373	$5,402,722	0%