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REFI

Chicago Atlantic Real Estate Finance

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.

New
Increased
Maintained
Reduced
Closed

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: 12 (+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: 8189 (+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

Holders
89
Holders Change
+8
Holders Change %
+9.88%
% of All Funds
1.28%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
17
Increased
27
Reduced
25
Closed
9
Calls
$1.62M
Puts
$197K
Net Calls
+$1.42M
Net Calls Change
+$1.23M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$20.9M +$69.6K +4,350 +0.3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$12.8M +$684K +42,740 +6%
TI
3
Tidal Investments
Wisconsin
$8.22M +$8.35M +521,481 New
ICM
4
Intrepid Capital Management
Florida
$6.06M +$3.38M +211,411 +122%
State Street
5
State Street
Massachusetts
$5.56M +$1.21M +75,303 +28%
EL
6
EMFO LLC
Florida
$4.6M
HighTower Advisors
7
HighTower Advisors
Illinois
$2.96M +$135K +8,413 +5%
Northern Trust
8
Northern Trust
Illinois
$2.13M -$95.7K -5,980 -4%
Two Sigma Investments
9
Two Sigma Investments
New York
$2.11M +$42.5K +2,654 +2%
Hudson Bay Capital Management
10
Hudson Bay Capital Management
Connecticut
$1.96M +$1.99M +124,523 New
Two Sigma Advisers
11
Two Sigma Advisers
New York
$1.86M +$411K +25,700 +28%
AI
12
AdvisorShares Investments
Maryland
$1.41M +$160K +10,000 +13%
SMA
13
Sage Mountain Advisors
Georgia
$1.15M +$14K +872 +1%
PCM
14
Perritt Capital Management
Illinois
$932K +$672 +42 +0.1%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$800K -$48.6K -3,035 -6%
Arrowstreet Capital
16
Arrowstreet Capital
Massachusetts
$746K +$465K +29,062 +159%
Morgan Stanley
17
Morgan Stanley
New York
$746K -$1.04M -64,917 -58%
Charles Schwab
18
Charles Schwab
California
$738K
Allspring Global Investments
19
Allspring Global Investments
North Carolina
$617K -$5.83K -364 -0.9%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$574K +$21.8K +1,363 +4%
JP Morgan Chase
21
JP Morgan Chase
New York
$535K +$221K +13,826 +69%
Connor, Clark & Lunn Investment Management (CC&L)
22
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$498K -$357K -22,274 -41%
Renaissance Technologies
23
Renaissance Technologies
New York
$487K +$38.4K +2,400 +8%
PWM
24
PBMares Wealth Management
Virginia
$486K -$16K -1,000 -3%
N
25
Nuveen
North Carolina
$479K

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.