We are live on ! Find out more
KREF

KKR Real Estate Finance Trust
KREF

100 hedge funds and large institutions have $898M invested in KKR Real Estate Finance Trust in 2019 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 31 increasing their positions, 26 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 14

19% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 26

9% more capital invested

Capital invested by funds: $827M → $898M (+$70.9M)

3% more funds holding

Funds holding: 97 → 100 (+3)

1.73% more ownership

Funds ownership: 73.94% → 75.67% (+1.7%)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

Holders
100
Holders Change
+3
Holders Change %
+3.09%
% of All Funds
2.16%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.04%
New
17
Increased
31
Reduced
26
Closed
14
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
CGM
Capital Growth Management
Massachusetts
+$17.4M
2
UBS Group
UBS Group
Switzerland
+$13.9M
3
Mirae Asset Global Investments
Mirae Asset Global Investments
South Korea
+$5.85M
4
State Street
State Street
Massachusetts
+$3.03M
5
First Trust Advisors
First Trust Advisors
Illinois
+$2.82M

Top Sellers

Rank Fund Capital Flow
1
Alyeska Investment Group
Alyeska Investment Group
Illinois
-$9.71M
2
Millennium Management
Millennium Management
New York
-$3.22M
3
N
Nuveen
North Carolina
-$3.08M
4
Vanguard Group
Vanguard Group
Pennsylvania
-$2.83M
5
SCA
Secor Capital Advisors
New York
-$2.64M
Name Holding Trade Value Shares
Change 		Change in
Stake
Prudential Financial
26
Prudential Financial
New Jersey
$3.19M +$121K +5,992 +4%
Charles Schwab
27
Charles Schwab
California
$2.92M +$122K +6,020 +4%
Bessemer Group
28
Bessemer Group
New Jersey
$2.86M +$382K +18,914 +15%
Schroder Investment Management Group
29
Schroder Investment Management Group
United Kingdom
$2.58M +$673K +33,288 +35%
SG Americas Securities
30
SG Americas Securities
New York
$2.56M +$1.91M +94,252 +279%
Two Sigma Advisers
31
Two Sigma Advisers
New York
$2.21M -$651K -32,200 -23%
VanEck Associates
32
VanEck Associates
New York
$2.13M +$2.15M +106,473 New
YMRC
33
Yorktown Management & Research Company
Virginia
$2M – – –
SCA
34
Secor Capital Advisors
New York
$1.89M -$2.64M -130,513 -58%
VRS
35
Virginia Retirement Systems
Virginia
$1.8M +$538K +26,600 +42%
Bank of New York Mellon
36
Bank of New York Mellon
New York
$1.77M +$24.4K +1,207 +1%
Invesco
37
Invesco
Georgia
$1.57M +$548K +27,116 +53%
TA
38
Teachers Advisors
New York
$1.39M +$718K +35,501 +105%
JIM
39
Jupiter Investment Management
United Kingdom
$1.34M -$61 -3 -0%
PPA
40
Parametric Portfolio Associates
Washington
$1.31M +$493K +24,372 +59%
Millennium Management
41
Millennium Management
New York
$1.3M -$3.22M -159,356 -71%
CCM
42
Callodine Capital Management
Massachusetts
$1.3M +$1.31M +65,000 New
AG
43
AlphaSimPlex Group
Massachusetts
$1.29M +$1.31M +64,569 New
Citadel Advisors
44
Citadel Advisors
Florida
$1.27M -$316K -15,642 -20%
CS
45
Credit Suisse
Switzerland
$1.24M +$874K +43,207 +231%
Goldman Sachs
46
Goldman Sachs
New York
$1.14M -$1.02M -50,257 -47%
OAM
47
Orinda Asset Management
California
$1M – – –
Wells Fargo
48
Wells Fargo
California
$991K +$76.5K +3,784 +8%
WAM
49
Wolverine Asset Management
Illinois
$917K +$927K +45,852 New
Squarepoint
50
Squarepoint
New York
$830K +$635K +31,389 +312%
1
2
3 4 5

KREF Hedge Fund Activity: Q1 2019 in Review

100 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in KKR Real Estate Finance Trust (KREF) for Q1 2019, worth a combined $898M — up 8.6% from $827M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new KREF positions and 14 closed out — a net gain of 3 holders — while 31 added to existing stakes and 26 trimmed.

The largest buyer was Capital Growth Management, opening a new position worth an estimated $17.4M. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $9.71M sold.

  • 100 institutional investors held KKR Real Estate Finance Trust (KREF) as of Q1 2019, up from 97 in Q4 2018.
  • Funds reported $898M of KKR Real Estate Finance Trust stock for Q1 2019, up 8.6% quarter-over-quarter.
  • 17 funds opened new KKR Real Estate Finance Trust positions in Q1 2019 and 14 closed out, a net change of +3 holders.
  • The largest KKR Real Estate Finance Trust buyer in Q1 2019 was Capital Growth Management, an estimated $17.4M added.
  • The largest KKR Real Estate Finance Trust seller in Q1 2019 was Alyeska Investment Group, an estimated $9.71M sold.

Based on aggregated 13F filings for Q1 2019.