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KREF

KKR Real Estate Finance Trust

164 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, 73 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

56% more call options, than puts

Call options by funds: $263K | Put options by funds: $169K

3.36% more ownership

Funds ownership: 74.81%78.17% (+3.4%)

5% less capital invested

Capital invested by funds: $443M → $422M (-$20.7M)

5% less funds holding

Funds holding: 173164 (-9)

32% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 28

33% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 73

Holders
164
Holders Change
-9
Holders Change %
-5.2%
% of All Funds
1.99%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.02%
New
19
Increased
49
Reduced
73
Closed
28
Calls
$263K
Puts
$169K
Net Calls
+$94K
Net Calls Change
-$219K
Name Holding Trade Value Shares
Change
Change in
Stake
ASRS
101
Arizona State Retirement System
Arizona
$127K -$13.3K -1,569 -9%
Franklin Resources
102
Franklin Resources
California
$121K -$1.7K -201 -1%
YCM
103
Yousif Capital Management
Michigan
$118K -$19.1K -2,261 -13%
TRSOTSOK
104
Teachers Retirement System of the State of Kentucky
Kentucky
$114K -$20.7K -2,449 -15%
Squarepoint
105
Squarepoint
New York
$111K +$114K +13,466 New
COPPSERS
106
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$111K -$3.6K -425 -3%
New York State Common Retirement Fund
107
New York State Common Retirement Fund
New York
$107K
Russell Investments Group
108
Russell Investments Group
United Kingdom
$106K +$51.7K +6,104 +89%
Verition Fund Management
109
Verition Fund Management
Connecticut
$104K -$2.69K -318 -2%
OPERF
110
Oregon Public Employees Retirement Fund
Oregon
$102K +$1.69K +200 +2%
KK
111
KLP Kapitalforvaltning
Norway
$100K +$22K +2,600 +28%
Victory Capital Management
112
Victory Capital Management
Texas
$93K +$8.18K +966 +9%
ProShare Advisors
113
ProShare Advisors
Maryland
$88.1K -$8 -1 -0%
SO
114
STRS Ohio
Ohio
$79.7K -$14.4K -1,700 -15%
Carson Wealth (CWM LLC)
115
Carson Wealth (CWM LLC)
Nebraska
$78K -$93.5K -11,043 -54%
KAS
116
Kestra Advisory Services
Texas
$71.8K +$74K +8,739 New
Nisa Investment Advisors
117
Nisa Investment Advisors
Missouri
$66.9K -$11.8K -1,396 -15%
PA
118
Parallel Advisors
California
$59.3K +$1.68K +199 +3%
KFA
119
Kelleher Financial Advisors
New York
$55.4K +$57K +6,739 New
VCM
120
Versant Capital Management
Arizona
$52.1K +$19.4K +2,288 +57%
AIP
121
Ameritas Investment Partners
Nebraska
$39.2K
GWM
122
Geneos Wealth Management
Colorado
$36.6K
AF
123
Allworth Financial
California
$34.8K -$3.7K -437 -9%
TRCT
124
Tower Research Capital (TRC)
New York
$30.7K +$9.55K +1,128 +43%
PNC Financial Services Group
125
PNC Financial Services Group
Pennsylvania
$29.1K +$19.2K +2,266 +178%