We are live on ! Find out more
KREF

KKR Real Estate Finance Trust
KREF

177 hedge funds and large institutions have $902M invested in KKR Real Estate Finance Trust in 2022 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 85 increasing their positions, 45 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

178% more call options, than puts

Call options by funds: $2.47M | Put options by funds: $888K

89% more repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 45

35% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 20

1% more funds holding

Funds holding: 175 → 177 (+2)

8.66% less ownership

Funds ownership: 84.65% → 75.99% (-8.7%)

16% less capital invested

Capital invested by funds: $1.07B → $902M (-$171M)

33% less funds holding in top 10

Funds holding in top 10: 3 → 2 (-1)

Holders
177
Holders Change
+2
Holders Change %
+1.14%
% of All Funds
2.98%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
27
Increased
85
Reduced
45
Closed
20
Calls
$2.47M
Puts
$888K
Net Calls
+$1.58M
Net Calls Change
+$1.44M

Top Buyers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
+$28.9M
2
Vanguard Group
Vanguard Group
Pennsylvania
+$17.5M
3
JP Morgan Chase
JP Morgan Chase
New York
+$7.47M
4
American Century Companies
American Century Companies
Missouri
+$7.19M
5
Balyasny Asset Management
Balyasny Asset Management
Illinois
+$5.85M

Top Sellers

Rank Fund Capital Flow
1
KKRC
Kohlberg Kravis Roberts & Co
New York
-$81.9M
2
Goldman Sachs
Goldman Sachs
New York
-$7.17M
3
SSA
Schonfeld Strategic Advisors
New York
-$4.6M
4
CAM
Concorde Asset Management
Michigan
-$3.15M
5
Two Sigma Investments
Two Sigma Investments
New York
-$3.06M
Name Holding Trade Value Shares
Change 		Change in
Stake
RBC
26
Roble Belko & Company
Pennsylvania
$5.03M +$93K +4,822 +2%
Wells Fargo
27
Wells Fargo
California
$4.16M +$386K +20,044 +9%
First Trust Advisors
28
First Trust Advisors
Illinois
$4.16M +$902K +46,804 +24%
Ameriprise
29
Ameriprise
Minnesota
$3.72M +$459K +23,797 +13%
GA
30
GFS Advisors
Texas
$3.64M -$1.97M -102,325 -33%
Federated Hermes
31
Federated Hermes
Pennsylvania
$3.5M -$295K -15,280 -7%
Renaissance Technologies
32
Renaissance Technologies
New York
$3.23M +$1.64M +85,304 +85%
Prudential Financial
33
Prudential Financial
New Jersey
$3.07M +$864K +44,830 +34%
VanEck Associates
34
VanEck Associates
New York
$3.05M +$198K +10,280 +6%
Two Sigma Investments
35
Two Sigma Investments
New York
$3.03M -$3.06M -158,822 -48%
VOYA Investment Management
36
VOYA Investment Management
Georgia
$2.81M +$1.8M +93,388 +138%
RhumbLine Advisers
37
RhumbLine Advisers
Massachusetts
$2.59M +$619K +32,091 +28%
Voloridge Investment Management
38
Voloridge Investment Management
Florida
$2.57M -$523K -27,126 -16%
CC
39
Claybrook Capital
Massachusetts
$2.35M +$497K +25,775 +24%
GBI
40
GP Brinson Investments
Illinois
$2.13M – – –
UBS Group
41
UBS Group
Switzerland
$2.09M -$446K -23,150 -16%
Legal & General Group
42
Legal & General Group
United Kingdom
$2.01M +$280K +14,518 +14%
Swiss National Bank
43
Swiss National Bank
Switzerland
$1.89M +$567K +29,400 +37%
RVPG
44
Relative Value Partners Group
$1.85M +$1.86M +96,273 New
RJA
45
Raymond James & Associates
Florida
$1.66M -$454K -23,543 -20%
Public Sector Pension Investment Board (PSP Investments)
46
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.6M +$158K +8,182 +10%
AI
47
AXS Investments
New York
$1.55M +$1.72M +89,099 New
WG
48
Winton Group
United Kingdom
$1.47M +$569K +29,511 +54%
NEGWA
49
New England Guild Wealth Advisors
Connecticut
$1.19M +$176K +9,142 +15%
AllianceBernstein
50
AllianceBernstein
Tennessee
$1.18M +$668K +34,659 +106%
1
2
3 4 5

KREF Hedge Fund Activity: Q2 2022 in Review

177 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in KKR Real Estate Finance Trust (KREF) for Q2 2022, worth a combined $902M — down 16% from $1.07B a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new KREF positions and 20 closed out — a net gain of 7 holders — while 85 added to existing stakes and 45 trimmed.

The largest buyer was BlackRock, adding an estimated $28.9M. The largest seller was Kohlberg Kravis Roberts & Co, cutting an estimated $81.9M.

  • 177 institutional investors held KKR Real Estate Finance Trust (KREF) as of Q2 2022, up from 175 in Q1 2022.
  • Funds reported $902M of KKR Real Estate Finance Trust stock for Q2 2022, down 16% quarter-over-quarter.
  • 27 funds opened new KKR Real Estate Finance Trust positions in Q2 2022 and 20 closed out, a net change of +7 holders.
  • The largest KKR Real Estate Finance Trust buyer in Q2 2022 was BlackRock, an estimated $28.9M added.
  • The largest KKR Real Estate Finance Trust seller in Q2 2022 was Kohlberg Kravis Roberts & Co, an estimated $81.9M sold.

Based on aggregated 13F filings for Q2 2022.