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REFI

Chicago Atlantic Real Estate Finance

81 hedge funds and large institutions have $75.8M invested in Chicago Atlantic Real Estate Finance in 2023 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 36 increasing their positions, 21 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

225% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 4

71% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 21

30% more call options, than puts

Call options by funds: $847K | Put options by funds: $652K

12% more capital invested

Capital invested by funds: $67.6M → $75.8M (+$8.18M)

11% more funds holding

Funds holding: 7381 (+8)

0.47% more ownership

Funds ownership: 25.21%25.68% (+0.47%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
81
Holders Change
+8
Holders Change %
+10.96%
% of All Funds
1.18%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
13
Increased
36
Reduced
21
Closed
4
Calls
$847K
Puts
$652K
Net Calls
+$195K
Net Calls Change
+$199K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$21.4M +$807K +52,957 +4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$12.4M +$196K +12,827 +2%
EL
3
EMFO LLC
Florida
$4.72M -$97.5K -6,394 -2%
State Street
4
State Street
Massachusetts
$4.52M +$650K +42,662 +19%
HighTower Advisors
5
HighTower Advisors
Illinois
$2.9M +$87.9K +5,767 +3%
ICM
6
Intrepid Capital Management
Florida
$2.8M
Northern Trust
7
Northern Trust
Illinois
$2.28M +$119K +7,836 +6%
Two Sigma Investments
8
Two Sigma Investments
New York
$2.12M -$473K -31,035 -19%
Morgan Stanley
9
Morgan Stanley
New York
$1.82M +$1.13M +74,265 +196%
Two Sigma Advisers
10
Two Sigma Advisers
New York
$1.49M -$723K -47,400 -34%
AI
11
AdvisorShares Investments
Maryland
$1.28M -$16.6K -1,088 -1%
SMA
12
Sage Mountain Advisors
Georgia
$1.16M +$273K +17,884 +33%
PCM
13
Perritt Capital Management
Illinois
$955K -$107K -7,000 -11%
Acadian Asset Management
14
Acadian Asset Management
Massachusetts
$915K -$165K -10,791 -16%
Connor, Clark & Lunn Investment Management (CC&L)
15
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$872K -$53.3K -3,496 -6%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$870K -$9.36K -614 -1%
Charles Schwab
17
Charles Schwab
California
$757K -$26.2K -1,716 -4%
AI
18
AXS Investments
New York
$744K -$32.2K -2,115 -4%
Allspring Global Investments
19
Allspring Global Investments
North Carolina
$639K -$38.3K -2,515 -6%
Mariner
20
Mariner
Kansas
$600K -$194K -12,730 -26%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$567K +$13.4K +876 +3%
PWM
22
PBMares Wealth Management
Virginia
$515K +$25.9K +1,700 +6%
N
23
Nuveen
North Carolina
$491K +$134K +8,778 +41%
Bank of America
24
Bank of America
North Carolina
$473K +$121K +7,926 +37%
Renaissance Technologies
25
Renaissance Technologies
New York
$461K -$67.1K -4,400 -13%

REFI Hedge Fund Activity: Q4 2023 in Review

81 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Chicago Atlantic Real Estate Finance (REFI) for Q4 2023, worth a combined $75.8M — up 12% from $67.6M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new REFI positions and 4 closed out — a net gain of 9 holders — while 36 added to existing stakes and 21 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $1.13M. The largest seller was Millennium Management, exiting entirely with an estimated $1.87M sold.

  • 81 institutional investors held Chicago Atlantic Real Estate Finance (REFI) as of Q4 2023, up from 73 in Q3 2023.
  • Funds reported $75.8M of Chicago Atlantic Real Estate Finance stock for Q4 2023, up 12% quarter-over-quarter.
  • 13 funds opened new Chicago Atlantic Real Estate Finance positions in Q4 2023 and 4 closed out, a net change of +9 holders.
  • The largest Chicago Atlantic Real Estate Finance buyer in Q4 2023 was Morgan Stanley, an estimated $1.13M added.
  • The largest Chicago Atlantic Real Estate Finance seller in Q4 2023 was Millennium Management, an estimated $1.87M sold.

Based on aggregated 13F filings for Q4 2023.