Chicago Atlantic Real Estate Finance
REFI
89 hedge funds and large institutions have $87.8M invested in Chicago Atlantic Real Estate Finance in 2024 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 27 increasing their positions, 25 reducing their positions, and 9 closing their positions.
722% more call options, than puts
Call options by funds: $1.62M | Put options by funds: $197K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
16% more capital invested
Capital invested by funds: $75.8M → $87.8M (+$12M)
10% more funds holding
Funds holding: 81 → 89 (+8)
4.85% more ownership
Funds ownership: 25.68% → 30.54% (+4.9%)
8% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$8.35M |
| 2 |
ICM
Intrepid Capital Management
Jacksonville Beach,
Florida
|
+$3.38M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$1.99M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.21M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$684K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.04M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$915K |
| 3 |
AI
AXS Investments
Port Chester,
New York
|
-$744K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$393K |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$357K |
REFI Hedge Fund Activity: Q1 2024 in Review
89 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Chicago Atlantic Real Estate Finance (REFI) for Q1 2024, worth a combined $87.8M — up 16% from $75.8M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new REFI positions and 9 closed out — a net gain of 8 holders — while 27 added to existing stakes and 25 trimmed.
The largest buyer was Tidal Investments, opening a new position worth an estimated $8.35M. The largest seller was Morgan Stanley, cutting an estimated $1.04M.
- 89 institutional investors held Chicago Atlantic Real Estate Finance (REFI) as of Q1 2024, up from 81 in Q4 2023.
- Funds reported $87.8M of Chicago Atlantic Real Estate Finance stock for Q1 2024, up 16% quarter-over-quarter.
- 17 funds opened new Chicago Atlantic Real Estate Finance positions in Q1 2024 and 9 closed out, a net change of +8 holders.
- The largest Chicago Atlantic Real Estate Finance buyer in Q1 2024 was Tidal Investments, an estimated $8.35M added.
- The largest Chicago Atlantic Real Estate Finance seller in Q1 2024 was Morgan Stanley, an estimated $1.04M sold.
Based on aggregated 13F filings for Q1 2024.