Chicago Atlantic Real Estate Finance
REFI
101 hedge funds and large institutions have $74.5M invested in Chicago Atlantic Real Estate Finance in 2026 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 46 increasing their positions, 23 reducing their positions, and 13 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 23
23% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 13
2.64% more ownership
Funds ownership: 30.02% → 32.66% (+2.6%)
1% more funds holding
Funds holding: 100 → 101 (+1)
4% more capital invested
Capital invested by funds: $71.9M → $74.5M (+$2.6M)
78% less call options, than puts
Call options by funds: $29K | Put options by funds: $133K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$3.37M |
| 2 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$2.17M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.02M |
| 4 |
Vanguard Capital Management
Malvern,
Pennsylvania
|
+$694K |
| 5 |
OL
Odyssean LLC
Darien,
Connecticut
|
+$578K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$2.67M |
| 2 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$740K |
| 3 |
Millennium Management
New York
|
-$561K |
| 4 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
-$310K |
| 5 |
QCM
Quantinno Capital Management
New York
|
-$227K |
REFI Hedge Fund Activity: Q2 2026 in Review
101 institutional investors reported a position in Chicago Atlantic Real Estate Finance (REFI) for Q2 2026, worth a combined $74.5M — up 3.6% from $71.9M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new REFI positions and 13 closed out — a net gain of 3 holders — while 46 added to existing stakes and 23 trimmed.
The largest buyer was BlackRock, adding an estimated $3.37M. The largest seller was VanEck Associates, exiting entirely with an estimated $2.67M sold.
- 101 institutional investors held Chicago Atlantic Real Estate Finance (REFI) as of Q2 2026, up from 100 in Q1 2026.
- Funds reported $74.5M of Chicago Atlantic Real Estate Finance stock for Q2 2026, up 3.6% quarter-over-quarter.
- 16 funds opened new Chicago Atlantic Real Estate Finance positions in Q2 2026 and 13 closed out, a net change of +3 holders.
- The largest Chicago Atlantic Real Estate Finance buyer in Q2 2026 was BlackRock, an estimated $3.37M added.
- The largest Chicago Atlantic Real Estate Finance seller in Q2 2026 was VanEck Associates, an estimated $2.67M sold.
Based on aggregated 13F filings for Q2 2026.