ASRS
KREF

Arizona State Retirement System’s KKR Real Estate Finance Trust KREF Stock Holding History

Arizona State Retirement System’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
2026
Q2 		– Sell
-15,311
Closed -$93.7K – 2095
2026
Q1 		$93.7K Sell
15,311
-176
-1% -$1.29K ﹤0.01% 2022
2025
Q4 		$127K Sell
15,487
-1,569
-9% -$13.3K ﹤0.01% 2009
2025
Q3 		$154K Buy
17,056
+10
+0.1% +$93 ﹤0.01% 2016
2025
Q2 		$149K Buy
17,046
+83
+0.5% +$764 ﹤0.01% 1977
2025
Q1 		$183K Sell
16,963
-141
-0.8% -$1.52K ﹤0.01% 1915
2024
Q4 		$173K Buy
17,104
+139
+0.8% +$1.59K ﹤0.01% 1990
2024
Q3 		$210K Buy
16,965
+470
+3% +$5.26K ﹤0.01% 1943
2024
Q2 		$149K Buy
16,495
+303
+2% +$2.9K ﹤0.01% 1970
2024
Q1 		$163K Sell
16,192
-229
-1% -$2.51K ﹤0.01% 1980
2023
Q4 		$217K Sell
16,421
-301
-2% -$3.61K ﹤0.01% 1910
2023
Q3 		$198K Buy
16,722
+226
+1% +$2.78K ﹤0.01% 1904
2023
Q2 		$201K Buy
16,496
+1,481
+10% +$16.7K ﹤0.01% 1954
2023
Q1 		$171K Buy
15,015
+359
+2% +$5.03K ﹤0.01% 1980
2022
Q4 		$205K Buy
14,656
+810
+6% +$13.2K ﹤0.01% 1896
2022
Q3 		$225K Buy
13,846
+1,372
+11% +$25.8K ﹤0.01% 1813
2022
Q2 		$218K Buy
+12,474
New +$241K ﹤0.01% 1882
2020
Q1 		– Sell
-16,100
Closed -$329K – 1923
2019
Q4 		$329K Buy
+16,100
New +$322K ﹤0.01% 1425

Other funds holding KREF

KKRC
Kohlberg Kravis Roberts & Co New York $5.71B AUM 72.37% 1-Year Est. Return
BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
LPC
Long Pond Capital New York $1.04B AUM 2.38% 1-Year Est. Return
UBS Group
UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return
Nomura Holdings
Nomura Holdings Tokyo, Japan $85.4B AUM 91.09% 1-Year Est. Return
Vanguard Capital Management
Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM
DCM
Dimension Capital Management Coral Gables, Florida $854M AUM 21.01% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Arizona State Retirement System's KREF Position: Q2 2026 in Review

Arizona State Retirement System sold out of KKR Real Estate Finance Trust (KREF) in Q2 2026, closing a stake of 15,311 shares — an estimated $93.7K sold.

Arizona State Retirement System first reported a position in KREF in Q4 2019 and held it in 17 quarters. The position peaked at $329K in Q4 2019. 155 funds tracked by Wall St. Rank hold KREF as of Q2 2026.

  • Arizona State Retirement System reported no remaining KKR Real Estate Finance Trust position as of Q2 2026 after selling out during the quarter.
  • Arizona State Retirement System sold 15,311 KKR Real Estate Finance Trust shares in Q2 2026, an estimated $93.7K.
  • Arizona State Retirement System first reported a position in KKR Real Estate Finance Trust in Q4 2019 and held it in 17 quarters.
  • Arizona State Retirement System's KKR Real Estate Finance Trust position peaked at $329K in Q4 2019.
  • 155 funds tracked by Wall St. Rank held KKR Real Estate Finance Trust as of Q2 2026.

Based on Arizona State Retirement System's 13F filing for Q2 2026, filed 7 Aug 2026.