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REFI

Chicago Atlantic Real Estate Finance

73 hedge funds and large institutions have $67.6M invested in Chicago Atlantic Real Estate Finance in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 29 increasing their positions, 21 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 21

13% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 8

1.46% more ownership

Funds ownership: 23.75%25.21% (+1.5%)

1% more funds holding

Funds holding: 7273 (+1)

4% more capital invested

Capital invested by funds: $65.2M → $67.6M (+$2.38M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

50% less call options, than puts

Call options by funds: $4K | Put options by funds: $8K

Holders
73
Holders Change
+1
Holders Change %
+1.39%
% of All Funds
1.16%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
9
Increased
29
Reduced
21
Closed
8
Calls
$4K
Puts
$8K
Net Calls
-$4K
Net Calls Change
+$170K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$18.6M +$2.75M +181,729 +17%
Vanguard Group
2
Vanguard Group
Pennsylvania
$11.1M +$2.33M +153,911 +26%
EL
3
EMFO LLC
Florida
$4.39M
State Street
4
State Street
Massachusetts
$3.41M +$166K +10,994 +5%
HighTower Advisors
5
HighTower Advisors
Illinois
$2.55M +$83.2K +5,508 +3%
ICM
6
Intrepid Capital Management
Florida
$2.55M
Two Sigma Investments
7
Two Sigma Investments
New York
$2.39M -$353K -23,357 -13%
Two Sigma Advisers
8
Two Sigma Advisers
New York
$2.06M -$204K -13,500 -9%
Northern Trust
9
Northern Trust
Illinois
$1.96M +$336K +22,267 +20%
Millennium Management
10
Millennium Management
New York
$1.87M +$949K +62,791 +98%
AI
11
AdvisorShares Investments
Maryland
$1.18M +$76.1K +5,040 +7%
Acadian Asset Management
12
Acadian Asset Management
Massachusetts
$992K +$703K +46,544 +222%
PCM
13
Perritt Capital Management
Illinois
$972K -$193K -12,797 -16%
Connor, Clark & Lunn Investment Management (CC&L)
14
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$844K +$410K +27,132 +90%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$800K +$182K +12,072 +29%
SMA
16
Sage Mountain Advisors
Georgia
$795K +$49K +3,244 +6%
Mariner
17
Mariner
Kansas
$734K +$82.8K +5,478 +12%
Charles Schwab
18
Charles Schwab
California
$714K +$125K +8,256 +21%
AI
19
AXS Investments
New York
$708K -$25.6K -1,697 -3%
Allspring Global Investments
20
Allspring Global Investments
North Carolina
$618K +$598K +39,574 +1,641%
Morgan Stanley
21
Morgan Stanley
New York
$559K -$5.42K -359 -0.9%
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$503K +$12.4K +821 +2%
Deutsche Bank
23
Deutsche Bank
Germany
$493K -$96.2K -6,366 -16%
Renaissance Technologies
24
Renaissance Technologies
New York
$484K -$1.01M -66,800 -67%
PWM
25
PBMares Wealth Management
Virginia
$443K

REFI Hedge Fund Activity: Q3 2023 in Review

73 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Chicago Atlantic Real Estate Finance (REFI) for Q3 2023, worth a combined $67.6M — up 3.7% from $65.2M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new REFI positions and 8 closed out — a net gain of 1 holder — while 29 added to existing stakes and 21 trimmed.

The largest buyer was BlackRock, adding an estimated $2.75M. The largest seller was Renaissance Technologies, cutting an estimated $1.01M.

  • 73 institutional investors held Chicago Atlantic Real Estate Finance (REFI) as of Q3 2023, up from 72 in Q2 2023.
  • Funds reported $67.6M of Chicago Atlantic Real Estate Finance stock for Q3 2023, up 3.7% quarter-over-quarter.
  • 9 funds opened new Chicago Atlantic Real Estate Finance positions in Q3 2023 and 8 closed out, a net change of +1 holder.
  • The largest Chicago Atlantic Real Estate Finance buyer in Q3 2023 was BlackRock, an estimated $2.75M added.
  • The largest Chicago Atlantic Real Estate Finance seller in Q3 2023 was Renaissance Technologies, an estimated $1.01M sold.

Based on aggregated 13F filings for Q3 2023.