State of Wyoming’s KKR Real Estate Finance Trust KREF Stock Holding History

State of Wyoming’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
2025 Q3	–	Sell	-10,528	Closed	-$92.3K	–	1951
2025 Q2	$92.3K	Buy	10,528 +650	+7%	+$5.98K	0.01%	1338
2025 Q1	$107K	Buy	9,878 +767	+8%	+$8.26K	0.01%	1159
2024 Q4	$92K	Sell	9,111 -14,552	-61%	-$167K	0.01%	1219
2024 Q3	$292K	Buy	23,663 +19,435	+460%	+$218K	0.04%	456
2024 Q2	$38.3K	Buy	+4,228	New	+$40.4K	0.01%	1429
2024 Q1	–	Sell	-3,349	Closed	-$44.3K	–	1737
2023 Q4	$44.3K	Buy	+3,349	New	+$40.1K	0.01%	1355
2022 Q4	–	Sell	-1,290	Closed	-$21K	–	1674
2022 Q3	$21K	Sell	1,290 -614	-32%	-$11.6K	0.01%	1311
2022 Q2	$33K	Buy	1,904 +432	+29%	+$8.33K	0.02%	1205
2022 Q1	$30K	Sell	1,472 -3,970	-73%	-$83.4K	0.02%	1310
2021 Q4	$113K	Buy	+5,442	New	+$117K	0.05%	536

Other funds holding KREF

KKRC

Kohlberg Kravis Roberts & Co New York $5.35B AUM 63.01% 1-Year Est. Return

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

NSLI

Nan Shan Life Insurance Taipei City, Taiwan $2.76B AUM 6.75% 1-Year Est. Return

LPC

Long Pond Capital New York $1.05B AUM 16.49% 1-Year Est. Return

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

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Mirae Asset Global ETFs Holdings Causeway Bay, Hong Kong $73.7B AUM 53.56% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Charles Schwab San Francisco, California $654B AUM 26.35% 1-Year Est. Return

State of Wyoming's KREF Position: Q3 2025 in Review

State of Wyoming sold out of KKR Real Estate Finance Trust (KREF) in Q3 2025, closing a stake of 10,528 shares — an estimated $92.3K sold.

State of Wyoming first reported a position in KREF in Q4 2021 and held it in 10 quarters. The position peaked at $292K in Q3 2024. 173 funds tracked by Wall St. Rank hold KREF as of Q3 2025.

State of Wyoming reported no remaining KKR Real Estate Finance Trust position as of Q3 2025 after selling out during the quarter.
State of Wyoming sold 10,528 KKR Real Estate Finance Trust shares in Q3 2025, an estimated $92.3K.
State of Wyoming first reported a position in KKR Real Estate Finance Trust in Q4 2021 and held it in 10 quarters.
State of Wyoming's KKR Real Estate Finance Trust position peaked at $292K in Q3 2024.
173 funds tracked by Wall St. Rank held KKR Real Estate Finance Trust as of Q3 2025.

Based on State of Wyoming's 13F filing for Q3 2025, filed 4 Nov 2025.