KKR Real Estate Finance Trust
KREF
128 hedge funds and large institutions have $891M invested in KKR Real Estate Finance Trust in 2021 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 46 increasing their positions, 43 reducing their positions, and 13 closing their positions.
85% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 13
8% more funds holding
Funds holding: 118 → 128 (+10)
1.89% more ownership
Funds ownership: 85.22% → 87.11% (+1.9%)
7% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 43
5% more capital invested
Capital invested by funds: $850M → $891M (+$41.1M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$19.8M |
| 2 |
BlackRock
New York
|
+$7.01M |
| 3 |
JP Morgan Chase
New York
|
+$5.77M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$5.3M |
| 5 |
Renaissance Technologies
New York
|
+$4.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
-$22.6M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$16.3M |
| 3 |
Barclays
London,
United Kingdom
|
-$2.93M |
| 4 |
Aviva
London,
United Kingdom
|
-$1.62M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.33M |
KREF Hedge Fund Activity: Q1 2021 in Review
128 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in KKR Real Estate Finance Trust (KREF) for Q1 2021, worth a combined $891M — up 4.8% from $850M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new KREF positions and 13 closed out — a net gain of 11 holders — while 46 added to existing stakes and 43 trimmed.
The largest buyer was Allianz Asset Management, opening a new position worth an estimated $19.8M. The largest seller was Kohlberg Kravis Roberts & Co, cutting an estimated $22.6M.
- 128 institutional investors held KKR Real Estate Finance Trust (KREF) as of Q1 2021, up from 118 in Q4 2020.
- Funds reported $891M of KKR Real Estate Finance Trust stock for Q1 2021, up 4.8% quarter-over-quarter.
- 24 funds opened new KKR Real Estate Finance Trust positions in Q1 2021 and 13 closed out, a net change of +11 holders.
- The largest KKR Real Estate Finance Trust buyer in Q1 2021 was Allianz Asset Management, an estimated $19.8M added.
- The largest KKR Real Estate Finance Trust seller in Q1 2021 was Kohlberg Kravis Roberts & Co, an estimated $22.6M sold.
Based on aggregated 13F filings for Q1 2021.