We are live on ! Find out more
KREF

KKR Real Estate Finance Trust

155 hedge funds and large institutions have $500M invested in KKR Real Estate Finance Trust in 2024 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 48 increasing their positions, 63 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

46% more call options, than puts

Call options by funds: $1.13M | Put options by funds: $774K

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.41% less ownership

Funds ownership: 71.48%71.07% (-0.41%)

3% less funds holding

Funds holding: 160155 (-5)

14% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 28

24% less repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 63

24% less capital invested

Capital invested by funds: $658M → $500M (-$158M)

Holders
155
Holders Change
-5
Holders Change %
-3.13%
% of All Funds
2.23%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
24
Increased
48
Reduced
63
Closed
28
Calls
$1.13M
Puts
$774K
Net Calls
+$354K
Net Calls Change
+$656K
Name Holding Trade Value Shares
Change
Change in
Stake
Barclays
51
Barclays
United Kingdom
$549K -$432K -39,368 -42%
XF
52
XML Financial
Maryland
$541K -$146K -13,283 -20%
UBS AM
53
UBS AM
Illinois
$536K
Citigroup
54
Citigroup
New York
$532K +$204K +18,566 +54%
CIBC World Market
55
CIBC World Market
Ontario, Canada
$512K +$558K +50,907 New
Thrivent Financial for Lutherans
56
Thrivent Financial for Lutherans
Minnesota
$508K -$15K -1,372 -3%
TPSF
57
Texas Permanent School Fund
Texas
$508K +$6.44K +587 +1%
GI
58
GAMCO Investors
Connecticut
$503K
Ensign Peak Advisors
59
Ensign Peak Advisors
Utah
$484K -$26.6K -2,428 -5%
BNP Paribas Financial Markets
60
BNP Paribas Financial Markets
France
$478K +$299K +27,230 +134%
QT
61
Quantbot Technologies
New York
$442K +$482K +43,940 New
UM
62
UniSuper Management
Australia
$438K +$478K +43,574 New
CAPTRUST Financial Advisors
63
CAPTRUST Financial Advisors
North Carolina
$412K -$68.2K -6,219 -13%
Manulife (Manufacturers Life Insurance)
64
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$378K
Bank of America
65
Bank of America
North Carolina
$375K -$523K -47,740 -56%
SOADOR
66
State of Alaska Department of Revenue
Alaska
$356K -$3.85K -351 -1%
Royal Bank of Canada
67
Royal Bank of Canada
Ontario, Canada
$352K -$124K -11,331 -24%
IMRF
68
Illinois Municipal Retirement Fund
Illinois
$338K -$21.6K -1,970 -6%
Susquehanna International Group
69
Susquehanna International Group
Pennsylvania
$328K +$113K +10,322 +46%
AIG
70
American International Group
New York
$319K -$3.11K -284 -0.9%
RJFSA
71
Raymond James Financial Services Advisors
Florida
$311K -$817K -74,508 -71%
MIM
72
MetLife Investment Management
New Jersey
$307K
Comerica Bank
73
Comerica Bank
Texas
$303K -$19.7K -1,801 -6%
SWP
74
Stratos Wealth Partners
Ohio
$301K -$9.94K -906 -3%
GCM
75
Graham Capital Management
Connecticut
$291K +$317K +28,938 New

KREF Hedge Fund Activity: Q1 2024 in Review

155 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in KKR Real Estate Finance Trust (KREF) for Q1 2024, worth a combined $500M — down 24% from $658M a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of KREF and 24 opened new positions — a net loss of 4 holders — while 63 trimmed existing stakes and 48 added.

The largest buyer was Balyasny Asset Management, adding an estimated $10.3M. The largest seller was Morgan Stanley, cutting an estimated $11.3M.

  • 155 institutional investors held KKR Real Estate Finance Trust (KREF) as of Q1 2024, down from 160 in Q4 2023.
  • Funds reported $500M of KKR Real Estate Finance Trust stock for Q1 2024, down 24% quarter-over-quarter.
  • 24 funds opened new KKR Real Estate Finance Trust positions in Q1 2024 and 28 closed out, a net change of -4 holders.
  • The largest KKR Real Estate Finance Trust buyer in Q1 2024 was Balyasny Asset Management, an estimated $10.3M added.
  • The largest KKR Real Estate Finance Trust seller in Q1 2024 was Morgan Stanley, an estimated $11.3M sold.

Based on aggregated 13F filings for Q1 2024.