KREF

KKR Real Estate Finance Trust
KREF

Overview Fund Activity

169 hedge funds and large institutions have $429M invested in KKR Real Estate Finance Trust in 2025 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 59 increasing their positions, 62 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
169
Holders Change
-10
Holders Change %
-5.59%
% of All Funds
2.27%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
20
Increased
59
Reduced
62
Closed
28
Calls
$198K
Puts
$1.9M
Net Calls
-$1.7M
Net Calls Change
+$1.46M

Top Buyers

1
Balyasny Asset Management
Balyasny Asset Management
Illinois
$4.7M
2
Invesco
Invesco
Georgia
$7.38M
3
NC
Nokomis Capital
Texas
$2.99M
4
AQR Capital Management
AQR Capital Management
Connecticut
$1.74M
5
Renaissance Technologies
Renaissance Technologies
New York
$1.97M

Top Sellers

1
Vanguard Group
Vanguard Group
Pennsylvania
$45.8M
2
BlackRock
BlackRock
New York
$84.7M
3
Millennium Management
Millennium Management
New York
$0
4
RIP
Rhino Investment Partners
Pennsylvania
$0
5
Marshall Wace
Marshall Wace
United Kingdom
$0
Name Holding Trade Value Shares
Change 		Shares
Change %
Deutsche Bank
76
Deutsche Bank
Germany
$347K -$81.1K -9,250 -19%
Ensign Peak Advisors
77
Ensign Peak Advisors
Utah
$339K -$82.9K -9,450 -20%
MIM
78
MetLife Investment Management
New Jersey
$324K – – –
Teacher Retirement System of Texas
79
Teacher Retirement System of Texas
Texas
$308K +$176K +20,083 +134%
SOADOR
80
State of Alaska Department of Revenue
Alaska
$296K +$16.7K +1,913 +6%
1W
81
1776 Wealth
Georgia
$276K – – –
XF
82
XML Financial
Maryland
$271K -$57K -6,500 -17%
IMRF
83
Illinois Municipal Retirement Fund
Illinois
$256K -$6.49K -740 -2%
Janus Henderson Group
84
Janus Henderson Group
United Kingdom
$250K – – –
FRM
85
Fox Run Management
Connecticut
$247K -$182K -20,738 -42%
P
86
&Partners
Tennessee
$247K -$39.6K -4,510 -14%
BHCM
87
Brevan Howard Capital Management
Jersey
$240K +$240K +27,387 New
QT
88
Quantbot Technologies
New York
$234K +$234K +26,640 New
LSERS
89
Louisiana State Employees Retirement System
Louisiana
$233K -$5.26K -600 -2%
Comerica Bank
90
Comerica Bank
Texas
$224K -$658 -75 -0.3%
Qube Research & Technologies (QRT)
91
Qube Research & Technologies (QRT)
United Kingdom
$219K +$219K +25,018 New
New York State Teachers Retirement System (NYSTRS)
92
New York State Teachers Retirement System (NYSTRS)
New York
$205K – – –
AHL
93
Abel Hall LLC
Louisiana
$202K +$102K +11,588 +101%
Cerity Partners
94
Cerity Partners
New York
$202K +$202K +22,984 New
State of Tennessee, Department of Treasury
95
State of Tennessee, Department of Treasury
Tennessee
$200K -$29.1K -3,316 -13%
Zurich Cantonal Bank
96
Zurich Cantonal Bank
Switzerland
$194K +$38.1K +4,349 +24%
YCM
97
Yousif Capital Management
Michigan
$189K – – –
WCA
98
Whetstone Capital Advisors
Kansas
$179K +$38.9K +4,439 +28%
A
99
AlphaQuest
New York
$179K -$720K -82,107 -80%
JG
100
Jain Global
New York
$169K +$169K +19,309 New
2 3
4
5 6