Teacher Retirement System of Texas
KREF

Teacher Retirement System of Texas’s KKR Real Estate Finance Trust KREF Stock Holding History

Teacher Retirement System of Texas’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
-35,063
Closed -$308K – 2065
2025
Q2 		$308K Buy
35,063
+20,083
+134% +$185K ﹤0.01% 1761
2025
Q1 		$162K Buy
14,980
+2,002
+15% +$21.6K ﹤0.01% 1924
2024
Q4 		$131K Sell
12,978
-57,079
-81% -$654K ﹤0.01% 1505
2024
Q3 		$865K Buy
+70,057
New +$784K ﹤0.01% 1043
2023
Q1 		– Sell
-24,494
Closed -$342K – 2123
2022
Q4 		$342K Sell
24,494
-5,407
-18% -$88.3K ﹤0.01% 1641
2022
Q3 		$486K Buy
+29,901
New +$563K ﹤0.01% 1526
2017
Q4 		– Sell
-490,652
Closed -$10.3M – 2243
2017
Q3 		$10.3M Sell
490,652
-9,348
-2% -$195K 0.06% 304
2017
Q2 		$10.8M Buy
+500,000
New +$11M 0.07% 265

Other funds holding KREF

KKRC
Kohlberg Kravis Roberts & Co New York $5.35B AUM 63.01% 1-Year Est. Return
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
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
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return
Mirae Asset Global ETFs Holdings
Mirae Asset Global ETFs Holdings Causeway Bay, Hong Kong $73.7B AUM 53.56% 1-Year Est. Return
Invesco
Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return
Charles Schwab
Charles Schwab San Francisco, California $654B AUM 26.35% 1-Year Est. Return

Teacher Retirement System of Texas's KREF Position: Q3 2025 in Review

Teacher Retirement System of Texas sold out of KKR Real Estate Finance Trust (KREF) in Q3 2025, closing a stake of 35,063 shares — an estimated $308K sold.

Teacher Retirement System of Texas first reported a position in KREF in Q2 2017 and held it in 8 quarters. The position peaked at $10.8M in Q2 2017. 173 funds tracked by Wall St. Rank hold KREF as of Q3 2025.

  • Teacher Retirement System of Texas reported no remaining KKR Real Estate Finance Trust position as of Q3 2025 after selling out during the quarter.
  • Teacher Retirement System of Texas sold 35,063 KKR Real Estate Finance Trust shares in Q3 2025, an estimated $308K.
  • Teacher Retirement System of Texas first reported a position in KKR Real Estate Finance Trust in Q2 2017 and held it in 8 quarters.
  • Teacher Retirement System of Texas's KKR Real Estate Finance Trust position peaked at $10.8M in Q2 2017.
  • 173 funds tracked by Wall St. Rank held KKR Real Estate Finance Trust as of Q3 2025.

Based on Teacher Retirement System of Texas's 13F filing for Q3 2025, filed 30 Oct 2025.