KKR Real Estate Finance Trust
KREF
176 hedge funds and large institutions have $902M invested in KKR Real Estate Finance Trust in 2022 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 84 increasing their positions, 45 reducing their positions, and 21 closing their positions.
306% more call options, than puts
Call options by funds: $2.47M | Put options by funds: $609K
87% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 45
29% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 21
1% more funds holding
Funds holding: 175 → 176 (+1)
8.67% less ownership
Funds ownership: 84.65% → 75.98% (-8.7%)
16% less capital invested
Capital invested by funds: $1.07B → $902M (-$171M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$28.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$17.5M |
| 3 |
JP Morgan Chase
New York
|
+$7.47M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$7.19M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$5.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
-$81.9M |
| 2 |
Goldman Sachs
New York
|
-$7.17M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
-$4.6M |
| 4 |
CAM
Concorde Asset Management
Ann Arbor,
Michigan
|
-$3.15M |
| 5 |
Two Sigma Investments
New York
|
-$3.06M |
KREF Hedge Fund Activity: Q2 2022 in Review
176 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in KKR Real Estate Finance Trust (KREF) for Q2 2022, worth a combined $902M — down 16% from $1.07B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new KREF positions and 21 closed out — a net gain of 6 holders — while 84 added to existing stakes and 45 trimmed.
The largest buyer was BlackRock, adding an estimated $28.9M. The largest seller was Kohlberg Kravis Roberts & Co, cutting an estimated $81.9M.
- 176 institutional investors held KKR Real Estate Finance Trust (KREF) as of Q2 2022, up from 175 in Q1 2022.
- Funds reported $902M of KKR Real Estate Finance Trust stock for Q2 2022, down 16% quarter-over-quarter.
- 27 funds opened new KKR Real Estate Finance Trust positions in Q2 2022 and 21 closed out, a net change of +6 holders.
- The largest KKR Real Estate Finance Trust buyer in Q2 2022 was BlackRock, an estimated $28.9M added.
- The largest KKR Real Estate Finance Trust seller in Q2 2022 was Kohlberg Kravis Roberts & Co, an estimated $81.9M sold.
Based on aggregated 13F filings for Q2 2022.