PCM
REFI

Perritt Capital Management’s Chicago Atlantic Real Estate Finance REFI Stock Holding History

Perritt Capital 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 		$447K Buy
36,498
+10,000
+38% +$128K 0.75% 57
2025
Q3 		$339K Sell
26,498
-5,653
-18% -$77.5K 0.16% 133
2025
Q2 		$449K Sell
32,151
-19,232
-37% -$276K 0.23% 95
2025
Q1 		$755K Sell
51,383
-2,730
-5% -$42.5K 0.42% 42
2024
Q4 		$834K Sell
54,113
-4,966
-8% -$78.1K 0.43% 42
2024
Q3 		$916K Buy
59,079
+35
+0.1% +$549 0.47% 42
2024
Q2 		$907K Sell
59,044
-32
-0.1% -$501 0.5% 39
2024
Q1 		$932K Buy
59,076
+42
+0.1% +$672 0.5% 42
2023
Q4 		$955K Sell
59,034
-7,000
-11% -$107K 0.53% 36
2023
Q3 		$972K Sell
66,034
-12,797
-16% -$193K 0.56% 42
2023
Q2 		$1.19M Hold
78,831
– – 0.65% 34
2023
Q1 		$1.07M Sell
78,831
-2,003
-2% -$29.3K 0.59% 34
2022
Q4 		$1.22M Sell
80,834
-66
-0.1% -$1.01K 0.69% 27
2022
Q3 		$1.17M Buy
80,900
+10,000
+14% +$150K 0.74% 24
2022
Q2 		$1.07M Buy
70,900
+8,947
+14% +$151K 0.65% 26
2022
Q1 		$1.1M Buy
61,953
+2,003
+3% +$37.1K 0.59% 34
2021
Q4 		$998K Buy
+59,950
New +$967K 0.52% 44

Other funds holding REFI

BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
Vanguard Group
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
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Corient Private Wealth
Corient Private Wealth Miami, Florida $69.9B AUM 22.19% 1-Year Est. Return
CP
Clayton Partners Berkeley, California $138M AUM 38.58% 1-Year Est. Return
Millennium Management
Millennium Management New York $240B AUM 35.51% 1-Year Est. Return
Northern Trust
Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return
Connor, Clark & Lunn Investment Management (CC&L)
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 $1.63B AUM 18.97% 1-Year Est. Return

Perritt Capital Management's REFI Position: Q4 2025 in Review

Perritt Capital Management increased its Chicago Atlantic Real Estate Finance (REFI) stake by 38% in Q4 2025, buying an estimated $128K and bringing the position to 36,498 shares worth $447K. The position accounts for 0.75% of the portfolio, ranked #57.

Perritt Capital Management first reported a position in REFI in Q4 2021 and has held it in 17 quarters since. The position peaked at $1.22M in Q4 2022. 101 funds tracked by Wall St. Rank hold REFI as of Q4 2025.

  • Perritt Capital Management held 36,498 shares of Chicago Atlantic Real Estate Finance worth $447K as of Q4 2025.
  • Perritt Capital Management bought 10,000 Chicago Atlantic Real Estate Finance shares in Q4 2025, an estimated $128K.
  • Chicago Atlantic Real Estate Finance made up 0.75% of Perritt Capital Management's portfolio in Q4 2025, its #57 holding.
  • Perritt Capital Management first reported a position in Chicago Atlantic Real Estate Finance in Q4 2021 and has held it in 17 quarters since.
  • Perritt Capital Management's Chicago Atlantic Real Estate Finance position peaked at $1.22M in Q4 2022.
  • 101 funds tracked by Wall St. Rank held Chicago Atlantic Real Estate Finance as of Q4 2025.

Based on Perritt Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.