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

Fox Run 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
2026 Q2	$188K	Sell	27,422 -17,727	-39%	-$117K	0.03%	821
2026 Q1	$283K	Buy	45,149 +27,929	+162%	+$204K	0.05%	639
2025 Q4	$142K	Buy	17,220 +4,345	+34%	+$36.8K	0.02%	839
2025 Q3	$116K	Sell	12,875 -15,324	-54%	-$142K	0.02%	854
2025 Q2	$247K	Sell	28,199 -20,738	-42%	-$191K	0.04%	692
2025 Q1	$529K	Buy	48,937 +25,638	+110%	+$276K	0.08%	465
2024 Q4	$235K	Buy	23,299 +6,110	+36%	+$70K	0.04%	718
2024 Q3	$212K	Buy	+17,189	New	+$192K	0.05%	659
2023 Q3	–	Sell	-12,343	Closed	-$150K	–	853
2023 Q2	$150K	Buy	+12,343	New	+$139K	0.04%	615

Other funds holding KREF

KKRC

Kohlberg Kravis Roberts & Co New York $5.71B AUM 72.37% 1-Year Est. Return

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 Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Nomura Holdings Tokyo, Japan $85.4B AUM 91.09% 1-Year Est. Return

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 Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Fox Run Management's KREF Position: Q2 2026 in Review

Fox Run Management reduced its KKR Real Estate Finance Trust (KREF) stake by 39% in Q2 2026, selling an estimated $117K and leaving 27,422 shares worth $188K. The position accounts for 0.03% of the portfolio, ranked #821.

Fox Run Management first reported a position in KREF in Q2 2023 and has held it in 9 quarters since. The position peaked at $529K in Q1 2025. 155 funds tracked by Wall St. Rank hold KREF as of Q2 2026.

Fox Run Management held 27,422 shares of KKR Real Estate Finance Trust worth $188K as of Q2 2026.
Fox Run Management sold 17,727 KKR Real Estate Finance Trust shares in Q2 2026, an estimated $117K.
KKR Real Estate Finance Trust made up 0.03% of Fox Run Management's portfolio in Q2 2026, its #821 holding.
Fox Run Management first reported a position in KKR Real Estate Finance Trust in Q2 2023 and has held it in 9 quarters since.
Fox Run Management's KKR Real Estate Finance Trust position peaked at $529K in Q1 2025.
155 funds tracked by Wall St. Rank held KKR Real Estate Finance Trust as of Q2 2026.

Based on Fox Run Management's 13F filing for Q2 2026, filed 4 Aug 2026.