Chicago Atlantic Real Estate Finance
REFI
64 hedge funds and large institutions have $48.5M invested in Chicago Atlantic Real Estate Finance in 2023 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 19 increasing their positions, 14 reducing their positions, and 3 closing their positions.
500% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 3
36% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 14
31% more funds holding
Funds holding: 49 → 64 (+15)
0.22% more ownership
Funds ownership: 19.74% → 19.96% (+0.22%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less capital invested
Capital invested by funds: $52.9M → $48.5M (-$4.35M)
79% less call options, than puts
Call options by funds: $36K | Put options by funds: $174K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Intrepid Capital Management
Jacksonville Beach,
Florida
|
+$3.16M |
| 2 |
Millennium Management
New York
|
+$1.5M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.22M |
| 4 |
AI
AdvisorShares Investments
Bethesda,
Maryland
|
+$1.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$884K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMG
ETF Managers Group
Summit,
New Jersey
|
-$6.29M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$1.86M |
| 3 |
QWM
QP Wealth Management
Eatontown,
New Jersey
|
-$885K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$813K |
| 5 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
-$116K |
REFI Hedge Fund Activity: Q1 2023 in Review
64 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Chicago Atlantic Real Estate Finance (REFI) for Q1 2023, worth a combined $48.5M — down 8.2% from $52.9M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new REFI positions and 3 closed out — a net gain of 15 holders — while 19 added to existing stakes and 14 trimmed.
The largest buyer was Intrepid Capital Management, opening a new position worth an estimated $3.16M. The largest seller was ETF Managers Group, cutting an estimated $6.29M.
- 64 institutional investors held Chicago Atlantic Real Estate Finance (REFI) as of Q1 2023, up from 49 in Q4 2022.
- Funds reported $48.5M of Chicago Atlantic Real Estate Finance stock for Q1 2023, down 8.2% quarter-over-quarter.
- 18 funds opened new Chicago Atlantic Real Estate Finance positions in Q1 2023 and 3 closed out, a net change of +15 holders.
- The largest Chicago Atlantic Real Estate Finance buyer in Q1 2023 was Intrepid Capital Management, an estimated $3.16M added.
- The largest Chicago Atlantic Real Estate Finance seller in Q1 2023 was ETF Managers Group, an estimated $6.29M sold.
Based on aggregated 13F filings for Q1 2023.