KKR Real Estate Finance Trust
KREF
175 hedge funds and large institutions have $1.07B invested in KKR Real Estate Finance Trust in 2022 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 73 increasing their positions, 52 reducing their positions, and 12 closing their positions.
83% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 12
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
40% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 52
12% more call options, than puts
Call options by funds: $1.37M | Put options by funds: $1.23M
7% more capital invested
Capital invested by funds: $1.01B → $1.07B (+$65.5M)
5.17% more ownership
Funds ownership: 79.47% → 84.65% (+5.2%)
4% more funds holding
Funds holding: 168 → 175 (+7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$14.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.5M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$10.9M |
| 4 |
Two Sigma Advisers
New York
|
+$7.2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$6.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.41M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.73M |
| 3 |
VanEck Associates
New York
|
-$2.49M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$1.36M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$1.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BAM
176
Blueshift Asset Management
Red Bank,
New Jersey
| – | -$625K | -30,015 | Closed |
|
177
Los Angeles Capital Management
Los Angeles,
California
| – | -$352K | -16,908 | Closed |
|
|
HF
178
HRT Financial
New York
| – | -$350K | -16,834 | Closed |
|
179
Squarepoint
New York
| – | -$217K | -10,407 | Closed |
|
|
CCM
180
CAAS Capital Management
New York
| – | -$206K | -9,869 | Closed |
|
|
EVM
181
Eaton Vance Management
Boston,
Massachusetts
| – | -$137K | -6,614 | Closed |
|
|
GT
182
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$13K | -626 | Closed |
|
|
SFM
183
Signet Financial Management
Parsippany,
New Jersey
| – | -$2K | -109 | Closed |
|
|
FPS
184
Fieldpoint Private Securities
Greenwich,
Connecticut
| – | -$1K | -50 | Closed |
|
KREF Hedge Fund Activity: Q1 2022 in Review
175 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in KKR Real Estate Finance Trust (KREF) for Q1 2022, worth a combined $1.07B — up 6.5% from $1.01B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new KREF positions and 12 closed out — a net gain of 10 holders — while 73 added to existing stakes and 52 trimmed.
The largest buyer was Stephens Inc, adding an estimated $14.9M. The largest seller was Acadian Asset Management, exiting entirely with an estimated $3.41M sold.
- 175 institutional investors held KKR Real Estate Finance Trust (KREF) as of Q1 2022, up from 168 in Q4 2021.
- Funds reported $1.07B of KKR Real Estate Finance Trust stock for Q1 2022, up 6.5% quarter-over-quarter.
- 22 funds opened new KKR Real Estate Finance Trust positions in Q1 2022 and 12 closed out, a net change of +10 holders.
- The largest KKR Real Estate Finance Trust buyer in Q1 2022 was Stephens Inc, an estimated $14.9M added.
- The largest KKR Real Estate Finance Trust seller in Q1 2022 was Acadian Asset Management, an estimated $3.41M sold.
Based on aggregated 13F filings for Q1 2022.