KREF

KKR Real Estate Finance Trust

163 hedge funds and large institutions have $422M invested in KKR Real Estate Finance Trust in 2025 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 49 increasing their positions, 72 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

more funds holding in top 10

Funds holding in top 10:

more call options, than puts

Call options by funds: $ | Put options by funds: $

more ownership

Funds ownership:

less capital invested

Capital invested by funds: $ → $

5% less funds holding

Funds holding: 172163 (-9)

32% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 72

32% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 28

Holders
163
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$263K
Puts
$169K
Net Calls
Net Calls Change

Top Buyers

1 +$18.2M
2 +$7.76M
3 +$5.78M
4
NC
Nokomis Capital
Texas
+$5.33M
5
CRAM
Compass Rose Asset Management
New York
+$2.84M

Top Sellers

1 -$6.42M
2 -$3.91M
3 -$3.37M
4
D.E. Shaw & Co
D.E. Shaw & Co
New York
-$1.77M
5
AQR Capital Management
AQR Capital Management
Connecticut
-$1.74M
Name Holding Trade Value Shares
Change
Change in
Stake
IMRF
76
Illinois Municipal Retirement Fund
Illinois
$234K
SIA
77
Soltis Investment Advisors
Utah
$233K
MIM
78
MetLife Investment Management
New Jersey
$227K
SOADOR
79
State of Alaska Department of Revenue
Alaska
$224K
WCA
80
Whetstone Capital Advisors
Kansas
$219K
LSERS
81
Louisiana State Employees Retirement System
Louisiana
$205K
GCM
82
Graham Capital Management
Connecticut
$203K
1832 Asset Management
83
1832 Asset Management
Ontario, Canada
$195K
New York State Teachers Retirement System (NYSTRS)
84
New York State Teachers Retirement System (NYSTRS)
New York
$192K
BHCM
85
Brevan Howard Capital Management
Jersey
$191K
Zurich Cantonal Bank
86
Zurich Cantonal Bank
Switzerland
$182K
Cerity Partners
87
Cerity Partners
New York
$173K
Millennium Management
88
Millennium Management
New York
$172K
SG Americas Securities
89
SG Americas Securities
New York
$170K
AHL
90
Abel Hall LLC
Louisiana
$166K
GC
91
Guggenheim Capital
Illinois
$163K
QC
92
Quadrature Capital
United Kingdom
$161K
State of Wisconsin Investment Board
93
State of Wisconsin Investment Board
Wisconsin
$159K
Citigroup
94
Citigroup
New York
$149K
Comerica Bank
95
Comerica Bank
Texas
$146K
PFSRSONJ
96
Police & Firemen's Retirement System of New Jersey
New Jersey
$143K
FRM
97
Fox Run Management
Connecticut
$142K
State of Tennessee, Department of Treasury
98
State of Tennessee, Department of Treasury
Tennessee
$139K
State Board of Administration of Florida Retirement System
99
State Board of Administration of Florida Retirement System
Florida
$138K
AB
100
Amalgamated Bank
New York
$128K