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KREF

KKR Real Estate Finance Trust

54 hedge funds and large institutions have $776M invested in KKR Real Estate Finance Trust in 2018 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 22 increasing their positions, 12 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 12

0.19% more ownership

Funds ownership: 72.49%72.68% (+0.19%)

0% more funds holding

Funds holding: 5454 (0)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 10

0% less capital invested

Capital invested by funds: $779M → $776M (-$3.34M)

Holders
54
Holders Change
Holders Change %
0%
% of All Funds
1.24%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
10
Increased
22
Reduced
12
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KKRC
1
Kohlberg Kravis Roberts & Co
New York
$477M
NSLI
2
Nan Shan Life Insurance
Taiwan
$70.2M
Capital Research Global Investors
3
Capital Research Global Investors
California
$51M +$20.6M +1,042,300 +69%
Temasek Holdings
4
Temasek Holdings
Singapore
$48.9M
Vanguard Group
5
Vanguard Group
Pennsylvania
$35.8M +$2.3M +116,430 +7%
N
6
Nuveen
North Carolina
$21.6M -$5.08M -257,774 -19%
BlackRock
7
BlackRock
New York
$19.8M +$5.7M +289,125 +41%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$13.6M -$18.2M -922,300 -58%
AI
9
ArchPoint Investors
Florida
$5.5M -$12.8K -650 -0.2%
OH
10
Oikos Holdings
New York
$4.62M +$37.5K +1,900 +0.8%
State Street
11
State Street
Massachusetts
$4.17M +$800K +40,555 +24%
KCM
12
Kennedy Capital Management
Missouri
$3.15M -$284K -14,375 -8%
Northern Trust
13
Northern Trust
Illinois
$3.13M +$827K +41,949 +37%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$2.71M +$218K +11,054 +9%
SSA
15
Schonfeld Strategic Advisors
New York
$2.63M -$2.7M -137,004 -51%
Norges Bank
16
Norges Bank
Norway
$2.01M
Charles Schwab
17
Charles Schwab
California
$1.19M +$346K +17,521 +42%
TCIM
18
TIAA CREF Investment Management
New York
$1.12M +$609K +30,870 +123%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$1.11M +$292K +14,827 +37%
Morgan Stanley
20
Morgan Stanley
New York
$675K -$32.7K -1,656 -5%
Schroder Investment Management Group
21
Schroder Investment Management Group
United Kingdom
$507K +$498K +25,260 New
TA
22
Teachers Advisors
New York
$491K +$112K +5,697 +30%
California State Teachers Retirement System (CalSTRS)
23
California State Teachers Retirement System (CalSTRS)
California
$473K +$130K +6,577 +39%
Deutsche Bank
24
Deutsche Bank
Germany
$468K -$813K -41,216 -64%
Swiss National Bank
25
Swiss National Bank
Switzerland
$459K

KREF Hedge Fund Activity: Q1 2018 in Review

54 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in KKR Real Estate Finance Trust (KREF) for Q1 2018, worth a combined $776M — down 0.43% from $779M a quarter earlier.

Fund positioning in KREF was balanced in Q1 2018: 10 funds opened new positions, 10 closed out, 22 added to existing stakes and 12 trimmed.

The largest buyer was Capital Research Global Investors, adding an estimated $20.6M. The largest seller was Fidelity Investments, cutting an estimated $18.2M.

  • 54 institutional investors held KKR Real Estate Finance Trust (KREF) as of Q1 2018, unchanged from Q4 2017.
  • Funds reported $776M of KKR Real Estate Finance Trust stock for Q1 2018, down 0.43% quarter-over-quarter.
  • 10 funds opened new KKR Real Estate Finance Trust positions in Q1 2018 and 10 closed out, a net change of 0 holders.
  • The largest KKR Real Estate Finance Trust buyer in Q1 2018 was Capital Research Global Investors, an estimated $20.6M added.
  • The largest KKR Real Estate Finance Trust seller in Q1 2018 was Fidelity Investments, an estimated $18.2M sold.

Based on aggregated 13F filings for Q1 2018.