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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
GWM
126
Geneos Wealth Management
Colorado
$17.4K +$2.74K +250 +17%
Ohio Public Employees Retirement System (OPERS)
127
Ohio Public Employees Retirement System (OPERS)
Ohio
$15.5K +$2.74K +250 +19%
US Bancorp
128
US Bancorp
Minnesota
$14.6K +$8.86K +808 +126%
AF
129
Allworth Financial
California
$13.1K -$1.46K -133 -9%
VCM
130
Versant Capital Management
Arizona
$10K +$1.26K +115 +13%
CSB
131
City State Bank
Iowa
$10K -$5.48K -500 -33%
TRCT
132
Tower Research Capital (TRC)
New York
$7.17K -$184K -16,770 -96%
GC
133
Gould Capital
Washington
$7.04K +$252 +23 +3%
Carson Wealth (CWM LLC)
134
Carson Wealth (CWM LLC)
Nebraska
$7K -$10.6K -968 -57%
HI
135
Harbour Investments
Wisconsin
$5.41K +$197 +18 +3%
Fifth Third Bancorp
136
Fifth Third Bancorp
Ohio
$4.51K +$2K +182 +68%
Russell Investments Group
137
Russell Investments Group
United Kingdom
$4.05K -$380K -34,645 -99%
PA
138
Parallel Advisors
California
$3.96K -$6.89K -628 -62%
HNB
139
Huntington National Bank
Ohio
$3.68K +$3.02K +275 +302%
GI
140
GAMMA Investing
California
$3.13K -$1.22K -111 -26%
Bessemer Group
141
Bessemer Group
New Jersey
$3K +$3.15K +287 New
LC
142
Lindbrook Capital
California
$2.87K -$1.07K -98 -26%
SAM
143
Smartleaf Asset Management
Massachusetts
$846 +$932 +85 New
FFA
144
Farther Finance Advisors
California
$680 -$4.71K -430 -86%
IA
145
IFP Advisors
Florida
$614 +$669 +61 New
CPG
146
Cornerstone Planning Group
New Jersey
$512 +$581 +53 New
MPWT
147
MassMutual Private Wealth & Trust
Connecticut
$443 -$3.49K -318 -88%
FMII
148
Farmers & Merchants Investments Inc
Nebraska
$402
AWM
149
Avior Wealth Management
Nebraska
$372 +$406 +37 New
UB
150
UMB Bank
Missouri
$282 +$307 +28 New

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.