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KREF

KKR Real Estate Finance Trust

164 hedge funds and large institutions have $422M invested in KKR Real Estate Finance Trust in 2025 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 49 increasing their positions, 73 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

56% more call options, than puts

Call options by funds: $263K | Put options by funds: $169K

3.36% more ownership

Funds ownership: 74.81%78.17% (+3.4%)

5% less capital invested

Capital invested by funds: $443M → $422M (-$20.7M)

5% less funds holding

Funds holding: 173164 (-9)

32% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 28

33% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 73

Holders
164
Holders Change
-9
Holders Change %
-5.2%
% of All Funds
1.99%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.02%
New
19
Increased
49
Reduced
73
Closed
28
Calls
$263K
Puts
$169K
Net Calls
+$94K
Net Calls Change
-$219K
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
26
Bank of America
North Carolina
$2.44M +$122K +14,381 +5%
Fidelity Investments
27
Fidelity Investments
Massachusetts
$2.4M +$424K +50,134 +21%
BAMF
28
BI Asset Management Fondsmaeglerselskab
Denmark
$2.36M
Prudential Financial
29
Prudential Financial
New Jersey
$2.35M -$65.7K -7,760 -3%
Principal Financial Group
30
Principal Financial Group
Iowa
$2.13M -$37.1K -4,380 -2%
N
31
Nuveen
North Carolina
$2.03M -$368K -43,442 -15%
UBS Group
32
UBS Group
Switzerland
$1.83M -$306K -36,124 -14%
GA
33
GFS Advisors
Texas
$1.73M -$44.9K -5,300 -2%
BPCM
34
Beach Point Capital Management
California
$1.63M +$1.68M +198,743 New
Public Sector Pension Investment Board (PSP Investments)
35
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.55M -$201K -23,706 -11%
AQR Capital Management
36
AQR Capital Management
Connecticut
$1.41M -$1.74M -206,140 -55%
AG
37
Algert Global
California
$1.4M
Wells Fargo
38
Wells Fargo
California
$1.33M -$235K -27,710 -15%
ECM
39
ExodusPoint Capital Management
New York
$1.27M +$1.11M +130,782 +548%
VOYA Investment Management
40
VOYA Investment Management
Georgia
$1.24M -$1.39M -164,192 -52%
Legal & General Group
41
Legal & General Group
United Kingdom
$1.19M -$79.5K -9,393 -6%
PCM
42
Penserra Capital Management
California
$1.13M +$159K +18,727 +16%
RhumbLine Advisers
43
RhumbLine Advisers
Massachusetts
$1.06M -$103K -12,206 -9%
BNP Paribas Financial Markets
44
BNP Paribas Financial Markets
France
$1.02M +$656K +77,474 +164%
SI
45
Stephens Inc
Arkansas
$980K -$1.26M -148,419 -55%
Swiss National Bank
46
Swiss National Bank
Switzerland
$917K
Stifel Financial
47
Stifel Financial
Missouri
$911K +$325K +38,339 +53%
Ameriprise
48
Ameriprise
Minnesota
$874K -$19K -2,248 -2%
GBI
49
GP Brinson Investments
Illinois
$861K
LPL Financial
50
LPL Financial
California
$849K -$61K -7,205 -7%