Chicago Atlantic Real Estate Finance
REFI
41 hedge funds and large institutions have $35M invested in Chicago Atlantic Real Estate Finance in 2022 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 11 closing their positions.
209% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 11
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
105% more funds holding
Funds holding: 20 → 41 (+21)
14% more capital invested
Capital invested by funds: $30.8M → $35M (+$4.22M)
0.66% more ownership
Funds ownership: 10.65% → 11.31% (+0.66%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$5.42M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.32M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$2.73M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$951K |
| 5 |
State Street
Boston,
Massachusetts
|
+$874K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$3.46M |
| 2 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
-$2.77M |
| 3 |
Millennium Management
New York
|
-$2.55M |
| 4 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$1.92M |
| 5 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$1.23M |
REFI Hedge Fund Activity: Q1 2022 in Review
41 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Chicago Atlantic Real Estate Finance (REFI) for Q1 2022, worth a combined $35M — up 14% from $30.8M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new REFI positions and 11 closed out — a net gain of 23 holders — while 5 added to existing stakes and 2 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $5.42M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $3.46M sold.
- 41 institutional investors held Chicago Atlantic Real Estate Finance (REFI) as of Q1 2022, up from 20 in Q4 2021.
- Funds reported $35M of Chicago Atlantic Real Estate Finance stock for Q1 2022, up 14% quarter-over-quarter.
- 34 funds opened new Chicago Atlantic Real Estate Finance positions in Q1 2022 and 11 closed out, a net change of +23 holders.
- The largest Chicago Atlantic Real Estate Finance buyer in Q1 2022 was BlackRock, an estimated $5.42M added.
- The largest Chicago Atlantic Real Estate Finance seller in Q1 2022 was Balyasny Asset Management, an estimated $3.46M sold.
Based on aggregated 13F filings for Q1 2022.