KKR Real Estate Finance Trust
KREF
126 hedge funds and large institutions have $800M invested in KKR Real Estate Finance Trust in 2020 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 48 increasing their positions, 35 reducing their positions, and 16 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
37% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 35
0% less capital invested
Capital invested by funds: $801M → $800M (-$1.31M)
2% less funds holding
Funds holding: 129 → 126 (-3)
5.63% less ownership
Funds ownership: 87.01% → 81.39% (-5.6%)
13% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIC
JRM Investment Counsel
Omaha,
Nebraska
|
+$5.04M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$4.16M |
| 3 |
BlackRock
New York
|
+$3.78M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.82M |
| 5 |
AG
AlphaSimPlex Group
Boston,
Massachusetts
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WG
Winton Group
London,
United Kingdom
|
-$5.47M |
| 2 |
Millennium Management
New York
|
-$2.91M |
| 3 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
-$2.58M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$2.11M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.42M |
KREF Hedge Fund Activity: Q3 2020 in Review
126 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in KKR Real Estate Finance Trust (KREF) for Q3 2020, worth a combined $800M — down 0.16% from $801M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of KREF and 14 opened new positions — a net loss of 2 holders — while 35 trimmed existing stakes and 48 added.
The largest buyer was JRM Investment Counsel, adding an estimated $5.04M. The largest seller was Winton Group, cutting an estimated $5.47M.
- 126 institutional investors held KKR Real Estate Finance Trust (KREF) as of Q3 2020, down from 129 in Q2 2020.
- Funds reported $800M of KKR Real Estate Finance Trust stock for Q3 2020, down 0.16% quarter-over-quarter.
- 14 funds opened new KKR Real Estate Finance Trust positions in Q3 2020 and 16 closed out, a net change of -2 holders.
- The largest KKR Real Estate Finance Trust buyer in Q3 2020 was JRM Investment Counsel, an estimated $5.04M added.
- The largest KKR Real Estate Finance Trust seller in Q3 2020 was Winton Group, an estimated $5.47M sold.
Based on aggregated 13F filings for Q3 2020.