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KREF

KKR Real Estate Finance Trust

128 hedge funds and large institutions have $891M invested in KKR Real Estate Finance Trust in 2021 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 46 increasing their positions, 43 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

85% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 13

8% more funds holding

Funds holding: 118128 (+10)

1.89% more ownership

Funds ownership: 85.22%87.11% (+1.9%)

7% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 43

5% more capital invested

Capital invested by funds: $850M → $891M (+$41.1M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
128
Holders Change
+10
Holders Change %
+8.47%
% of All Funds
2.25%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
24
Increased
46
Reduced
43
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Connor, Clark & Lunn Investment Management (CC&L)
51
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$696K +$694K +37,865 New
First Trust Advisors
52
First Trust Advisors
Illinois
$657K -$1.33M -72,397 -67%
UBS Group
53
UBS Group
Switzerland
$614K -$51.8K -2,827 -8%
SFG
54
SageGuard Financial Group
Tennessee
$580K +$70.6K +3,849 +14%
Comerica Bank
55
Comerica Bank
Texas
$542K -$22.6K -1,231 -4%
Thrivent Financial for Lutherans
56
Thrivent Financial for Lutherans
Minnesota
$535K +$120K +6,558 +29%
UBS AM
57
UBS AM
Illinois
$525K -$138K -7,542 -21%
CC
58
Claybrook Capital
Massachusetts
$500K
IC
59
IEQ Capital
California
$498K -$12.5K -681 -2%
CSS
60
Cubist Systematic Strategies
Connecticut
$496K +$495K +26,980 New
JG
61
Jefferies Group
New York
$493K +$491K +26,800 New
Ensign Peak Advisors
62
Ensign Peak Advisors
Utah
$467K
New York State Common Retirement Fund
63
New York State Common Retirement Fund
New York
$464K -$59.8K -3,259 -11%
EW
64
Evoke Wealth
California
$463K +$51.4K +2,800 +13%
HSBC Holdings
65
HSBC Holdings
United Kingdom
$458K -$27.1K -1,478 -6%
Canada Life
66
Canada Life
Manitoba, Canada
$446K -$40.4K -2,201 -8%
AWM
67
AE Wealth Management
Kansas
$432K +$197K +10,751 +84%
VOYA Investment Management
68
VOYA Investment Management
Georgia
$413K +$191K +10,418 +87%
Jane Street
69
Jane Street
New York
$406K +$405K +22,062 New
AllianceBernstein
70
AllianceBernstein
Tennessee
$394K -$175K -9,540 -31%
COPPSERS
71
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$387K -$825 -45 -0.2%
Deutsche Bank
72
Deutsche Bank
Germany
$386K +$16.9K +920 +5%
TPSF
73
Texas Permanent School Fund
Texas
$374K -$27K -1,472 -7%
TGAM
74
TBH Global Asset Management
Tennessee
$370K +$477 +26 +0.1%
KPW
75
Kore Private Wealth
New York
$355K +$23.7K +1,291 +7%

KREF Hedge Fund Activity: Q1 2021 in Review

128 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in KKR Real Estate Finance Trust (KREF) for Q1 2021, worth a combined $891M — up 4.8% from $850M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new KREF positions and 13 closed out — a net gain of 11 holders — while 46 added to existing stakes and 43 trimmed.

The largest buyer was Allianz Asset Management, opening a new position worth an estimated $19.8M. The largest seller was Kohlberg Kravis Roberts & Co, cutting an estimated $22.6M.

  • 128 institutional investors held KKR Real Estate Finance Trust (KREF) as of Q1 2021, up from 118 in Q4 2020.
  • Funds reported $891M of KKR Real Estate Finance Trust stock for Q1 2021, up 4.8% quarter-over-quarter.
  • 24 funds opened new KKR Real Estate Finance Trust positions in Q1 2021 and 13 closed out, a net change of +11 holders.
  • The largest KKR Real Estate Finance Trust buyer in Q1 2021 was Allianz Asset Management, an estimated $19.8M added.
  • The largest KKR Real Estate Finance Trust seller in Q1 2021 was Kohlberg Kravis Roberts & Co, an estimated $22.6M sold.

Based on aggregated 13F filings for Q1 2021.