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

Graham Capital 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	$79.1K	Sell	11,559 -8,797	-43%	-$58.2K	﹤0.01%	1172
2026 Q1	$125K	Sell	20,356 -4,367	-18%	-$31.9K	﹤0.01%	1015
2025 Q4	$203K	Sell	24,723 -29,070	-54%	-$246K	﹤0.01%	1039
2025 Q3	$484K	Sell	53,793 -11,697	-18%	-$109K	0.01%	624
2025 Q2	$574K	Sell	65,490 -11,573	-15%	-$107K	0.01%	762
2025 Q1	$832K	Buy	77,063 +32,374	+72%	+$349K	0.01%	613
2024 Q4	$451K	Buy	+44,689	New	+$512K	0.01%	775
2024 Q3	–	Sell	-32,497	Closed	-$294K	–	1218
2024 Q2	$294K	Buy	32,497 +3,559	+12%	+$34K	0.01%	738
2024 Q1	$291K	Buy	+28,938	New	+$317K	0.01%	797
2023 Q4	–	Sell	-10,772	Closed	-$128K	–	1166
2023 Q3	$128K	Buy	+10,772	New	+$133K	﹤0.01%	917
2022 Q2	–	Sell	-145,246	Closed	-$2.99M	–	1139
2022 Q1	$2.99M	Buy	+145,246	New	+$3.05M	0.1%	90

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

Graham Capital Management's KREF Position: Q2 2026 in Review

Graham Capital Management reduced its KKR Real Estate Finance Trust (KREF) stake by 43% in Q2 2026, selling an estimated $58.2K and leaving 11,559 shares worth $79.1K. The position accounts for ﹤0.01% of the portfolio, ranked #1172.

Graham Capital Management first reported a position in KREF in Q1 2022 and has held it in 11 quarters since. The position peaked at $2.99M in Q1 2022. 154 funds tracked by Wall St. Rank hold KREF as of Q2 2026.

Graham Capital Management held 11,559 shares of KKR Real Estate Finance Trust worth $79.1K as of Q2 2026.
Graham Capital Management sold 8,797 KKR Real Estate Finance Trust shares in Q2 2026, an estimated $58.2K.
KKR Real Estate Finance Trust made up ﹤0.01% of Graham Capital Management's portfolio in Q2 2026, its #1172 holding.
Graham Capital Management first reported a position in KKR Real Estate Finance Trust in Q1 2022 and has held it in 11 quarters since.
Graham Capital Management's KKR Real Estate Finance Trust position peaked at $2.99M in Q1 2022.
154 funds tracked by Wall St. Rank held KKR Real Estate Finance Trust as of Q2 2026.

Based on Graham Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.