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KREF

KKR Real Estate Finance Trust

150 hedge funds and large institutions have $448M invested in KKR Real Estate Finance Trust in 2024 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 51 increasing their positions, 48 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

49% more call options, than puts

Call options by funds: $629K | Put options by funds: $422K

6% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 48

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.31% less ownership

Funds ownership: 71.07%70.76% (-0.31%)

3% less funds holding

Funds holding: 155150 (-5)

10% less capital invested

Capital invested by funds: $500M → $448M (-$51.8M)

12% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 26

Holders
150
Holders Change
-5
Holders Change %
-3.23%
% of All Funds
2.17%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
23
Increased
51
Reduced
48
Closed
26
Calls
$629K
Puts
$422K
Net Calls
+$207K
Net Calls Change
-$147K
Name Holding Trade Value Shares
Change
Change in
Stake
Creative Planning
101
Creative Planning
Kansas
$142K -$67.4K -7,059 -31%
SG Americas Securities
102
SG Americas Securities
New York
$138K +$146K +15,251 New
Cerity Partners
103
Cerity Partners
New York
$137K +$144K +15,122 New
AGP
104
Autumn Glory Partners
Texas
$136K
Zurich Cantonal Bank
105
Zurich Cantonal Bank
Switzerland
$131K
OPERF
106
Oregon Public Employees Retirement Fund
Oregon
$128K -$13.4K -1,400 -9%
FCH
107
Freestone Capital Holdings
Washington
$114K +$120K +12,581 New
COPPSERS
108
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$114K -$268 -28 -0.2%
AWS
109
Atria Wealth Solutions
New York
$106K +$1.28K +134 +1%
SO
110
STRS Ohio
Ohio
$103K
TRCT
111
Tower Research Capital (TRC)
New York
$103K +$102K +10,656 +1,495%
Victory Capital Management
112
Victory Capital Management
Texas
$101K -$889 -93 -0.8%
SIC
113
Samalin Investment Counsel
New York
$101K -$3.25K -340 -3%
FTDI
114
First Trust Direct Indexing
Massachusetts
$93.6K +$98.8K +10,339 New
DT
115
Diversified Trust
Tennessee
$90.5K
PNC Financial Services Group
116
PNC Financial Services Group
Pennsylvania
$55.6K +$18.9K +1,977 +47%
AIP
117
Ameritas Investment Partners
Nebraska
$53K
SOW
118
State of Wyoming
Wyoming
$38.3K +$40.4K +4,228 New
AT
119
Arlington Trust
Alabama
$30.8K
QCG
120
Quadrant Capital Group
Ohio
$25.4K -$20.5K -2,147 -43%
Ohio Public Employees Retirement System (OPERS)
121
Ohio Public Employees Retirement System (OPERS)
Ohio
$15.9K +$2.01K +210 +14%
GWM
122
Geneos Wealth Management
Colorado
$15.6K
VCM
123
Versant Capital Management
Arizona
$15.6K +$6.95K +727 +73%
Carson Wealth (CWM LLC)
124
Carson Wealth (CWM LLC)
Nebraska
$9K +$2.74K +287 +40%
LFG
125
Larson Financial Group
Missouri
$6.79K +$7.17K +750 New

KREF Hedge Fund Activity: Q2 2024 in Review

150 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in KKR Real Estate Finance Trust (KREF) for Q2 2024, worth a combined $448M — down 10% from $500M a quarter earlier.

Sellers outnumbered buyers: 26 funds closed out of KREF and 23 opened new positions — a net loss of 3 holders — while 48 trimmed existing stakes and 51 added.

The largest buyer was Nomura Holdings, opening a new position worth an estimated $14.6M. The largest seller was Mirae Asset Global Investments, exiting entirely with an estimated $24.2M sold.

  • 150 institutional investors held KKR Real Estate Finance Trust (KREF) as of Q2 2024, down from 155 in Q1 2024.
  • Funds reported $448M of KKR Real Estate Finance Trust stock for Q2 2024, down 10% quarter-over-quarter.
  • 23 funds opened new KKR Real Estate Finance Trust positions in Q2 2024 and 26 closed out, a net change of -3 holders.
  • The largest KKR Real Estate Finance Trust buyer in Q2 2024 was Nomura Holdings, an estimated $14.6M added.
  • The largest KKR Real Estate Finance Trust seller in Q2 2024 was Mirae Asset Global Investments, an estimated $24.2M sold.

Based on aggregated 13F filings for Q2 2024.