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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
WCA
101
Whetstone Capital Advisors
Kansas
$165K +$180K +16,400 New
State of Wisconsin Investment Board
102
State of Wisconsin Investment Board
Wisconsin
$164K -$475K -43,315 -73%
ASRS
103
Arizona State Retirement System
Arizona
$163K -$2.51K -229 -1%
OPERF
104
Oregon Public Employees Retirement Fund
Oregon
$156K -$16.4K -1,500 -9%
DTL
105
Dynamic Technology Lab
Singapore
$151K +$15.6K +1,424 +10%
AGP
106
Autumn Glory Partners
Texas
$151K +$21.9K +2,000 +15%
Zurich Cantonal Bank
107
Zurich Cantonal Bank
Switzerland
$146K
Millennium Management
108
Millennium Management
New York
$144K -$1.19M -108,389 -88%
COPPSERS
109
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$126K +$110 +10 +0.1%
ProShare Advisors
110
ProShare Advisors
Maryland
$119K +$8.98K +819 +7%
AWS
111
Atria Wealth Solutions
New York
$117K +$1.8K +164 +1%
SIC
112
Samalin Investment Counsel
New York
$115K -$20.4K -1,862 -14%
SO
113
STRS Ohio
Ohio
$114K -$7.68K -700 -6%
Victory Capital Management
114
Victory Capital Management
Texas
$113K -$2.34K -213 -2%
MOACM
115
Mutual of America Capital Management
New York
$101K -$1.75K -160 -2%
DT
116
Diversified Trust
Tennessee
$101K +$110K +10,000 New
HCM
117
Highlander Capital Management
New Jersey
$97.1K +$5.48K +500 +5%
AIP
118
Ameritas Investment Partners
Nebraska
$58.9K
EC
119
EntryPoint Capital
New York
$54.2K +$59.1K +5,389 New
QCG
120
Quadrant Capital Group
Ohio
$49.8K -$55.2K -5,034 -50%
PNC Financial Services Group
121
PNC Financial Services Group
Pennsylvania
$42K -$14.6K -1,334 -24%
S
122
SignatureFD
Georgia
$41.3K -$38.9K -3,543 -46%
FFWM
123
Future Financial Wealth Management
Ohio
$40.2K +$43.9K +4,000 New
AT
124
Arlington Trust
Alabama
$34.2K +$37.3K +3,400 New
MLICM
125
Metropolitan Life Insurance Company (MetLife)
New York
$33.3K

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.