{
  "crd_number": 160388,
  "slug": "txre-advisers-llc-dallas-tx-160388",
  "primary_business_name": "TXRE ADVISERS, LLC",
  "legal_name": "TXRE ADVISERS, LLC",
  "dbas": [],
  "city": "Dallas",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "19100",
  "metro": {
    "cbsa_code": "19100",
    "common_name": "Dallas",
    "msa_name": "Dallas-Fort Worth-Arlington, TX",
    "path": "/advisors/tx/dallas"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2012-03-30",
  "years_registered": 14,
  "period": "2026-10-01",
  "filing_date": "2026-05-06",
  "carried_forward": false,
  "raum_total": 6365319085.0,
  "raum_discretionary": 6365319085.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 84,
  "advisory_employees": 32,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 6365319085.0,
      "count": 21
    }
  },
  "compensation_types": [
    "other",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "GA",
    "IL",
    "NJ",
    "PA",
    "TN",
    "TX"
  ],
  "websites": [
    "https://hillwood.com",
    "https://hillwood.pl",
    "https://hillwoodinvestmentproperties.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/160388",
  "city_as_filed": "DALLAS",
  "url": "https://advisorcensus.com/firm/txre-advisers-llc-dallas-tx-160388",
  "display_name": "Txre Advisers, LLC",
  "summary": "Txre Advisers, LLC is an SEC-registered investment advisory firm in Dallas, TX, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated May 6, 2026.",
  "citation": "AdvisorCensus. Txre Advisers, LLC (CRD 160388): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees",
    "Other"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Txre Advisers, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Txre Advisers, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Txre Advisers, LLC located?",
      "a": "Txre Advisers, LLC's principal office is in Dallas, TX, according to its Form ADV; the June 2026 filing also lists 4 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Txre Advisers, LLC registered with the SEC or a state?",
      "a": "Txre Advisers, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 160388."
    },
    {
      "q": "How much does Txre Advisers, LLC manage?",
      "a": "Txre Advisers, LLC reports $6,365,319,085 in regulatory assets under management in its Form ADV filing dated May 6, 2026 (100% discretionary)."
    },
    {
      "q": "How have Txre Advisers, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Txre Advisers, LLC: Regulatory assets under management: $3,043,881,327 in the October 2021 data and $6,365,319,085 in the October 2026 data, up 109%. Total employees: 90 in October 2021 and 84 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Txre Advisers, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (21)."
    },
    {
      "q": "Does Txre Advisers, LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/160388"
    },
    {
      "q": "What changed in Txre Advisers, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $4,892,248,357 to $6,365,319,085 (+30%). Employees performing advisory functions went from 43 to 32. Changed its office addresses in Short Hills, NJ. Added an office in Memphis, TN. No longer lists an office in Atlanta, GA. No longer lists an office in Conshohocken, PA. No longer lists an office in Rosemont, IL. No longer lists an office in Schwalmtal. No longer lists an office in Warsaw. Registered or notice-filed in TN. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 3043881327.0,
      "total_employees": 90,
      "filing_date": "2021-05-05"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 4666280486.0,
      "total_employees": 93,
      "filing_date": "2022-04-29"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 4574466326.0,
      "total_employees": 91,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 4462093654.0,
      "total_employees": 89,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 4892248357.0,
      "total_employees": 85,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 6365319085.0,
      "total_employees": 84,
      "filing_date": "2026-05-06"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $4,892,248,357 to $6,365,319,085 (+30%).",
        "Employees performing advisory functions went from 43 to 32.",
        "Changed its office addresses in Short Hills, NJ.",
        "Added an office in Memphis, TN.",
        "No longer lists an office in Atlanta, GA.",
        "No longer lists an office in Conshohocken, PA.",
        "No longer lists an office in Rosemont, IL.",
        "No longer lists an office in Schwalmtal.",
        "No longer lists an office in Warsaw.",
        "Registered or notice-filed in TN.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/txre-advisers-llc-dallas-tx-160388.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 21,
      "fewer_than_5": false,
      "raum": 6365319085.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/160388",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}