Principal Financial Group
KREF

Principal Financial Group’s KKR Real Estate Finance Trust KREF Stock Holding History

Principal Financial Group’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
Q1 		– Sell
-259,096
Closed -$2.13M – 2246
2025
Q4 		$2.13M Sell
259,096
-4,380
-2% -$37.1K ﹤0.01% 1831
2025
Q3 		$2.37M Sell
263,476
-18,950
-7% -$176K ﹤0.01% 1787
2025
Q2 		$2.48M Sell
282,426
-5,328
-2% -$49K ﹤0.01% 1768
2025
Q1 		$3.11M Buy
287,754
+3,857
+1% +$41.6K ﹤0.01% 1681
2024
Q4 		$2.87M Buy
283,897
+8,873
+3% +$102K ﹤0.01% 1734
2024
Q3 		$3.4M Sell
275,024
-63,110
-19% -$706K ﹤0.01% 1676
2024
Q2 		$3.06M Sell
338,134
-8,216
-2% -$78.5K ﹤0.01% 1692
2024
Q1 		$3.48M Buy
346,350
+42,730
+14% +$469K ﹤0.01% 1683
2023
Q4 		$4.02M Sell
303,620
-9,389
-3% -$113K ﹤0.01% 1632
2023
Q3 		$3.72M Sell
313,009
-16,824
-5% -$207K ﹤0.01% 1626
2023
Q2 		$4.01M Sell
329,833
-20,511
-6% -$231K ﹤0.01% 1614
2023
Q1 		$3.99M Sell
350,344
-208
-0.1% -$2.92K ﹤0.01% 1610
2022
Q4 		$4.89M Sell
350,552
-58,128
-14% -$949K ﹤0.01% 1538
2022
Q3 		$6.64M Sell
408,680
-35,489
-8% -$668K 0.01% 1385
2022
Q2 		$7.75M Buy
444,169
+13,020
+3% +$251K 0.01% 1386
2022
Q1 		$8.89M Sell
431,149
-62,261
-13% -$1.31M 0.01% 1439
2021
Q4 		$10.3M Buy
493,410
+60,345
+14% +$1.3M 0.01% 1381
2021
Q3 		$9.14M Buy
433,065
+93,003
+27% +$1.97M 0.01% 1452
2021
Q2 		$7.36M Buy
340,062
+88,193
+35% +$1.85M ﹤0.01% 1566
2021
Q1 		$4.63M Buy
251,869
+5,191
+2% +$95.2K ﹤0.01% 1685
2020
Q4 		$4.42M Sell
246,678
-26,799
-10% -$474K ﹤0.01% 1608
2020
Q3 		$4.52M Buy
273,477
+57,728
+27% +$992K ﹤0.01% 1490
2020
Q2 		$3.58M Sell
215,749
-27,602
-11% -$437K ﹤0.01% 1561
2020
Q1 		$3.65M Sell
243,351
-5,595
-2% -$106K ﹤0.01% 1409
2019
Q4 		$5.08M Buy
248,946
+182,018
+272% +$3.64M ﹤0.01% 1531
2019
Q3 		$1.31M Buy
66,928
+6,169
+10% +$121K ﹤0.01% 1796
2019
Q2 		$1.21M Buy
60,759
+24,633
+68% +$498K ﹤0.01% 1816
2019
Q1 		$723K Sell
36,126
-162
-0.4% -$3.28K ﹤0.01% 1877
2018
Q4 		$695K Buy
+36,288
New +$715K ﹤0.01% 1862

Other funds holding KREF

KKRC
Kohlberg Kravis Roberts & Co New York $5.35B AUM 63.01% 1-Year Est. Return
LPC
Long Pond Capital New York $1.05B AUM 16.49% 1-Year Est. Return
BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Nomura Holdings
Nomura Holdings Tokyo, Japan $37.7B AUM 34.44% 1-Year Est. Return
VCM
Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM
Millennium Management
Millennium Management New York $240B AUM 35.51% 1-Year Est. Return
CC
Conversant Capital Summit, New Jersey $745M AUM 20.03% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return
NC
Nokomis Capital Dallas, Texas $349M AUM 75.66% 1-Year Est. Return

Principal Financial Group's KREF Position: Q1 2026 in Review

Principal Financial Group sold out of KKR Real Estate Finance Trust (KREF) in Q1 2026, closing a stake of 259,096 shares — an estimated $2.13M sold.

Principal Financial Group first reported a position in KREF in Q4 2018 and held it in 29 quarters. The position peaked at $10.3M in Q4 2021. 169 funds tracked by Wall St. Rank hold KREF as of Q1 2026.

  • Principal Financial Group reported no remaining KKR Real Estate Finance Trust position as of Q1 2026 after selling out during the quarter.
  • Principal Financial Group sold 259,096 KKR Real Estate Finance Trust shares in Q1 2026, an estimated $2.13M.
  • Principal Financial Group first reported a position in KKR Real Estate Finance Trust in Q4 2018 and held it in 29 quarters.
  • Principal Financial Group's KKR Real Estate Finance Trust position peaked at $10.3M in Q4 2021.
  • 169 funds tracked by Wall St. Rank held KKR Real Estate Finance Trust as of Q1 2026.

Based on Principal Financial Group's 13F filing for Q1 2026, filed 4 May 2026.