Martingale Asset Management’s Chicago Atlantic Real Estate Finance REFI Stock Holding History

Martingale Asset Management’s Portfolio REFI Stock Details REFI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-20,222	Closed	-$259K	–	836
2025 Q3	$259K	Hold	20,222	–	–	0.01%	712
2025 Q2	$282K	Buy	20,222 +981	+5%	+$14.1K	0.01%	714
2025 Q1	$283K	Buy	19,241 +901	+5%	+$14K	0.01%	687
2024 Q4	$283K	Buy	18,340 +295	+2%	+$4.64K	0.01%	699
2024 Q3	$280K	Buy	18,045 +1,703	+10%	+$26.7K	0.01%	719
2024 Q2	$251K	Buy	16,342 +711	+5%	+$11.1K	0.01%	720
2024 Q1	$247K	Hold	15,631	–	–	﹤0.01%	738
2023 Q4	$253K	Buy	15,631 +800	+5%	+$12.2K	0.01%	725
2023 Q3	$218K	Buy	+14,831	New	+$224K	﹤0.01%	737

Other funds holding REFI

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

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

FCG

Fielder Capital Group Nashville, Tennessee $459M AUM 48.94% 1-Year Est. Return

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

Corient Private Wealth Miami, Florida $69.9B AUM 22.19% 1-Year Est. Return

Clayton Partners Berkeley, California $138M AUM 38.58% 1-Year Est. Return

Millennium Management New York $240B AUM 35.51% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Connor, Clark & Lunn Investment Management (CC&L) Vancouver, British Columbia, Canada $43.4B AUM 51.29% 1-Year Est. Return

SMA

Sage Mountain Advisors Atlanta, Georgia $1.43B AUM 16.47% 1-Year Est. Return

Martingale Asset Management's REFI Position: Q4 2025 in Review

Martingale Asset Management sold out of Chicago Atlantic Real Estate Finance (REFI) in Q4 2025, closing a stake of 20,222 shares — an estimated $259K sold.

Martingale Asset Management first reported a position in REFI in Q3 2023 and held it in 9 quarters. The position peaked at $283K in Q1 2025. 101 funds tracked by Wall St. Rank hold REFI as of Q4 2025.

Martingale Asset Management reported no remaining Chicago Atlantic Real Estate Finance position as of Q4 2025 after selling out during the quarter.
Martingale Asset Management sold 20,222 Chicago Atlantic Real Estate Finance shares in Q4 2025, an estimated $259K.
Martingale Asset Management first reported a position in Chicago Atlantic Real Estate Finance in Q3 2023 and held it in 9 quarters.
Martingale Asset Management's Chicago Atlantic Real Estate Finance position peaked at $283K in Q1 2025.
101 funds tracked by Wall St. Rank held Chicago Atlantic Real Estate Finance as of Q4 2025.

Based on Martingale Asset Management's 13F filing for Q4 2025, filed 13 Feb 2026.