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KREF

KKR Real Estate Finance Trust

166 hedge funds and large institutions have $603M invested in KKR Real Estate Finance Trust in 2023 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 65 increasing their positions, 52 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 52

8% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 25

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.42% less ownership

Funds ownership: 76.87%76.45% (-0.42%)

1% less funds holding

Funds holding: 167166 (-1)

19% less capital invested

Capital invested by funds: $743M → $603M (-$140M)

43% less call options, than puts

Call options by funds: $433K | Put options by funds: $764K

Holders
166
Holders Change
-1
Holders Change %
-0.6%
% of All Funds
2.65%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
27
Increased
65
Reduced
52
Closed
25
Calls
$433K
Puts
$764K
Net Calls
-$331K
Net Calls Change
-$339K
Name Holding Trade Value Shares
Change
Change in
Stake
Zurich Cantonal Bank
126
Zurich Cantonal Bank
Switzerland
$78K
QCG
127
Quadrant Capital Group
Ohio
$76.1K +$63.1K +4,498 +206%
S
128
SignatureFD
Georgia
$74.6K +$84.3K +6,008 +1,115%
CCA
129
Catalyst Capital Advisors
New York
$68.8K +$16.8K +1,200 +25%
KBC Group
130
KBC Group
Belgium
$55K
AIP
131
Ameritas Investment Partners
Nebraska
$51K
Simplex Trading
132
Simplex Trading
Illinois
$48K +$27K +1,925 +81%
QL
133
Quarry LP
New York
$43.9K +$45.6K +3,251 +543%
QT
134
Quantbot Technologies
New York
$37.8K +$46.6K +3,323 New
MLICM
135
Metropolitan Life Insurance Company (MetLife)
New York
$34.4K -$6.13K -437 -13%
ASN
136
Advisory Services Network
Georgia
$22.9K
AAS
137
Ameritas Advisory Services
Nebraska
$20K +$25.3K +1,802 New
TRCT
138
Tower Research Capital (TRC)
New York
$18K -$31K -2,211 -59%
CSB
139
City State Bank
Iowa
$18K
Carson Wealth (CWM LLC)
140
Carson Wealth (CWM LLC)
Nebraska
$18K +$20.8K +1,485 +1,485%
PA
141
Parallel Advisors
California
$15.3K -$10.3K -731 -35%
BAM
142
Belpointe Asset Management
Nevada
$13.6K +$3.8K +271 +29%
US Bancorp
143
US Bancorp
Minnesota
$13.1K +$11.6K +828 +256%
PNC Financial Services Group
144
PNC Financial Services Group
Pennsylvania
$12.1K -$31.9K -2,275 -68%
GWM
145
Geneos Wealth Management
Colorado
$8.26K
GC
146
Gould Capital
Washington
$6.93K +$224 +16 +3%
EWM
147
Endurance Wealth Management
Rhode Island
$6K +$7.01K +500 New
HI
148
Harbour Investments
Wisconsin
$5.32K +$182 +13 +3%
LC
149
Lindbrook Capital
California
$5.29K +$2.06K +147 +46%
NA
150
NewEdge Advisors
Louisiana
$3.7K -$4.77K -340 -51%

KREF Hedge Fund Activity: Q1 2023 in Review

166 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in KKR Real Estate Finance Trust (KREF) for Q1 2023, worth a combined $603M — down 19% from $743M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new KREF positions and 25 closed out — a net gain of 2 holders — while 65 added to existing stakes and 52 trimmed.

The largest buyer was Balyasny Asset Management, adding an estimated $16.3M. The largest seller was Goldman Sachs, cutting an estimated $22.4M.

  • 166 institutional investors held KKR Real Estate Finance Trust (KREF) as of Q1 2023, down from 167 in Q4 2022.
  • Funds reported $603M of KKR Real Estate Finance Trust stock for Q1 2023, down 19% quarter-over-quarter.
  • 27 funds opened new KKR Real Estate Finance Trust positions in Q1 2023 and 25 closed out, a net change of +2 holders.
  • The largest KKR Real Estate Finance Trust buyer in Q1 2023 was Balyasny Asset Management, an estimated $16.3M added.
  • The largest KKR Real Estate Finance Trust seller in Q1 2023 was Goldman Sachs, an estimated $22.4M sold.

Based on aggregated 13F filings for Q1 2023.