KKR Real Estate Finance Trust
KREF
169 hedge funds and large institutions have $857M invested in KKR Real Estate Finance Trust in 2022 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 73 increasing their positions, 59 reducing their positions, and 25 closing their positions.
592% more call options, than puts
Call options by funds: $1.38M | Put options by funds: $199K
24% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 59
0.11% more ownership
Funds ownership: 75.99% → 76.1% (+0.11%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less capital invested
Capital invested by funds: $902M → $857M (-$44.6M)
5% less funds holding
Funds holding: 177 → 169 (-8)
32% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$19.1M |
| 2 |
State Street
Boston,
Massachusetts
|
+$5.28M |
| 3 |
Goldman Sachs
New York
|
+$4.99M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.85M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$5.71M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$4.3M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$4.25M |
| 4 |
Two Sigma Investments
New York
|
-$2.59M |
| 5 |
RVPG
Relative Value Partners Group
|
-$1.85M |
KREF Hedge Fund Activity: Q3 2022 in Review
169 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in KKR Real Estate Finance Trust (KREF) for Q3 2022, worth a combined $857M — down 4.9% from $902M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of KREF and 17 opened new positions — a net loss of 8 holders — while 59 trimmed existing stakes and 73 added.
The largest buyer was BlackRock, adding an estimated $19.1M. The largest seller was Citadel Advisors, cutting an estimated $5.71M.
- 169 institutional investors held KKR Real Estate Finance Trust (KREF) as of Q3 2022, down from 177 in Q2 2022.
- Funds reported $857M of KKR Real Estate Finance Trust stock for Q3 2022, down 4.9% quarter-over-quarter.
- 17 funds opened new KKR Real Estate Finance Trust positions in Q3 2022 and 25 closed out, a net change of -8 holders.
- The largest KKR Real Estate Finance Trust buyer in Q3 2022 was BlackRock, an estimated $19.1M added.
- The largest KKR Real Estate Finance Trust seller in Q3 2022 was Citadel Advisors, an estimated $5.71M sold.
Based on aggregated 13F filings for Q3 2022.