Chicago Atlantic Real Estate Finance
REFI
72 hedge funds and large institutions have $65.2M invested in Chicago Atlantic Real Estate Finance in 2023 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 40 increasing their positions, 11 reducing their positions, and 4 closing their positions.
264% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 11
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
34% more capital invested
Capital invested by funds: $48.5M → $65.2M (+$16.7M)
13% more funds holding
Funds holding: 64 → 72 (+8)
3.79% more ownership
Funds ownership: 19.96% → 23.75% (+3.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
84% less call options, than puts
Call options by funds: $33K | Put options by funds: $207K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$9.9M |
| 2 |
Two Sigma Investments
New York
|
+$1.9M |
| 3 |
Two Sigma Advisers
New York
|
+$1.59M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.56M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
-$4.41M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$903K |
| 3 |
ICM
Intrepid Capital Management
Jacksonville Beach,
Florida
|
-$626K |
| 4 |
Millennium Management
New York
|
-$563K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$420K |
REFI Hedge Fund Activity: Q2 2023 in Review
72 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Chicago Atlantic Real Estate Finance (REFI) for Q2 2023, worth a combined $65.2M — up 34% from $48.5M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new REFI positions and 4 closed out — a net gain of 9 holders — while 40 added to existing stakes and 11 trimmed.
The largest buyer was BlackRock, adding an estimated $9.9M. The largest seller was Cresset Asset Management, exiting entirely with an estimated $4.41M sold.
- 72 institutional investors held Chicago Atlantic Real Estate Finance (REFI) as of Q2 2023, up from 64 in Q1 2023.
- Funds reported $65.2M of Chicago Atlantic Real Estate Finance stock for Q2 2023, up 34% quarter-over-quarter.
- 13 funds opened new Chicago Atlantic Real Estate Finance positions in Q2 2023 and 4 closed out, a net change of +9 holders.
- The largest Chicago Atlantic Real Estate Finance buyer in Q2 2023 was BlackRock, an estimated $9.9M added.
- The largest Chicago Atlantic Real Estate Finance seller in Q2 2023 was Cresset Asset Management, an estimated $4.41M sold.
Based on aggregated 13F filings for Q2 2023.