Ares Management’s KKR Real Estate Finance Trust KREF Stock Holding History

Ares Management’s Portfolio KREF Stock Details KREF Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q2	–	Sell	-30,706	Closed	-$461K	–	50
2020 Q1	$461K	Buy	30,706 +10,182	+50%	+$193K	0.07%	31
2019 Q4	$419K	Sell	20,524 -8,726	-30%	-$174K	0.04%	39
2019 Q3	$571K	Hold	29,250	–	–	0.04%	38
2019 Q2	$583K	Buy	+29,250	New	+$591K	0.04%	37
2018 Q1	–	Sell	-194,683	Closed	-$3.9M	–	63
2017 Q4	$3.9M	Sell	194,683 -5,317	-3%	-$110K	0.12%	32
2017 Q3	$4.21M	Hold	200,000	–	–	0.14%	34
2017 Q2	$4.3M	Buy	+200,000	New	+$4.39M	0.1%	36

Other funds holding KREF

KKRC

Kohlberg Kravis Roberts & Co New York $5.35B AUM 63.01% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

NSLI

Nan Shan Life Insurance Taipei City, Taiwan $2.76B AUM 6.75% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Temasek Holdings Singapore $30.5B AUM 13.98% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Mirae Asset Global Investments Seoul, South Korea $67.7B AUM 51.91% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Winton Group London, United Kingdom $2.85B AUM 30.73% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Ares Management's KREF Position: Q2 2020 in Review

Ares Management sold out of KKR Real Estate Finance Trust (KREF) in Q2 2020, closing a stake of 30,706 shares — an estimated $461K sold.

Ares Management first reported a position in KREF in Q2 2017 and held it in 7 quarters. The position peaked at $4.3M in Q2 2017. 129 funds tracked by Wall St. Rank hold KREF as of Q2 2020.

Ares Management reported no remaining KKR Real Estate Finance Trust position as of Q2 2020 after selling out during the quarter.
Ares Management sold 30,706 KKR Real Estate Finance Trust shares in Q2 2020, an estimated $461K.
Ares Management first reported a position in KKR Real Estate Finance Trust in Q2 2017 and held it in 7 quarters.
Ares Management's KKR Real Estate Finance Trust position peaked at $4.3M in Q2 2017.
129 funds tracked by Wall St. Rank held KKR Real Estate Finance Trust as of Q2 2020.

Based on Ares Management's 13F filing for Q2 2020, filed 14 Aug 2020.