KKR Real Estate Finance TrusKREF

13F holders, Q4 2024 (December 31)
171holders −1
21new positions
23sold out
5famous investors
$10.11avg. 13F price*

At the end of Q4 2024, 171 institutions reported holding KKR Real Estate Finance Trus (KREF) in their 13F filings, down 1 from Q3 2024. 21 opened new positions and 23 sold out. The largest holders were BlackRock, Inc. ($103.8M), Kohlberg Kravis Roberts & Co. L.P. ($101.0M) and Vanguard Group Inc. ($65.1M). 5 famous investors held it, including Mario Gabelli (0.0% of GAMCO Investors's portfolio), Ken Griffin (0.0% of Citadel Advisors's portfolio) and David E. Shaw (0.0% of D. E. Shaw & Co.'s portfolio).

Company
KKR Real Estate Finance Trus
CUSIP
48251K100
Latest filing quarter
Q2 2026

History

Number of 13F holders

050100150200 Q1 2024: 155Q1 2024Q2 2024: 150Q2 2024Q3 2024: 172Q3 2024Q4 2024: 171Q4 2024Q1 2025: 178Q1 2025Q2 2025: 170Q2 2025Q3 2025: 173Q3 2025Q4 2025: 164Q4 2025Q1 2026: 169Q1 2026Q2 2026: 154Q2 2026

Total Exit/New Position Q3 2024 → Q4 2024

InstitutionsTotal Value
New Positions21$13.6M
Exits23$26.6M

All 13F filers, Q3 2024 → Q4 2024: 3,846,810 shares bought and 4,194,239 shares sold, net −347,429 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 171 holders

BlackRock, Inc. 0.00% Add +0.3% 10,278,253 $103.8M
Kohlberg Kravis Roberts & Co. L.P. 3.23% No change 10,000,001 $101.0M
Vanguard Group Inc. 0.00% Reduce -3.0% 6,450,025 $65.1M
Nan Shan Life Insurance Co., Ltd. 0.75% No change 3,079,453 $31.1M
State Street Corp. 0.00% Add +6.3% 2,316,538 $24.0M
Geode Capital Management, LLC 0.00% Add +1.4% 1,373,685 $13.9M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% Add +10.1% 1,045,773 $10.6M
Morgan Stanley 0.00% Add +8.8% 928,574 $9.4M
Balyasny Asset Management L.P. 0.02% Add +116.5% 844,610 $8.5M
JPMorgan Chase & Co. 0.00% Add +31.7% 728,875 $7.4M
Invesco Ltd. 0.00% Reduce -45.2% 716,637 $7.2M
Northern Trust Corp. 0.00% Add +21.7% 690,826 $7.0M
Charles Schwab Investment Management Inc. 0.00% Reduce -11.7% 637,861 $6.4M
Stephens Inc. 0.08% Reduce -11.2% 566,035 $5.7M
Wellington Management Group LLP 0.00% New 529,750 $5.4M
T. Rowe Price Associates Inc. 0.00% Add +2400.3% 477,633 $4.8M
Citadel Advisors 0.00% Add +26.7% 433,530 $4.4M
Van Eck Associates Corp. 0.01% Reduce -8.5% 416,473 $4.2M
Bank of New York Mellon Corp 0.00% Reduce -0.9% 355,156 $3.6M
Gratia Capital, LLC 3.91% No change 330,000 $3.3M
D. E. Shaw & Co. 0.00% Add +13.3% 319,230 $3.2M
Principal Financial Group Inc. 0.00% Add +3.2% 283,897 $2.9M
Millennium Management 0.00% Add +40.6% 280,650 $2.8M
Goldman Sachs Group Inc. 0.00% Add +14.4% 277,953 $2.8M
Voya Investment Management LLC 0.00% Add +11.4% 261,402 $2.6M
Condor Capital Management 0.22% Add +70.2% 251,273 $2.5M
1832 Asset Management L.P. 0.00% Reduce -64.5% 248,800 $2.5M
Lighthouse Investment Partners, LLC 0.10% New 245,266 $2.5M
BI Asset Management Fondsmaeglerselskab A/S 0.02% Add +11.1% 222,315 $2.2M
Zacks Investment Management 0.02% Reduce -4.4% 216,102 $2.2M
UBS Group AG 0.00% Add +40.2% 215,609 $2.2M
Nuveen Asset Management, LLC 0.00% Add +2.0% 214,950 $2.2M
GFS Advisors, LLC 0.33% Reduce -26.8% 212,940 $2.2M
GP Brinson Investments LLC 0.84% No change 201,148 $2.0M
Raymond James Financial Inc. 0.00% — 181,636 $1.8M
Algert Global LLC 0.04% Add +8.6% 180,676 $1.8M
FMR LLC 0.00% Reduce -30.9% 176,593 $1.8M
Rhumbline Advisers 0.00% Add +1.2% 175,092 $1.8M
Legal & General Group Plc 0.00% Add +6.0% 167,955 $1.7M
Wells Fargo & Company 0.00% Add +18.9% 158,669 $1.6M
Prevail Innovative Wealth Advisors, LLC 0.45% Add +710.2% 153,391 $1.5M
AXS Investments LLC 0.43% Reduce -22.2% 151,859 $1.5M
Public Sector Pension Investment Board 0.01% Add +18.0% 145,832 $1.5M
Stifel Financial Corp. 0.00% Add +18.4% 137,500 $1.4M
Ameriprise Financial Inc. 0.00% Reduce -17.4% 133,008 $1.3M
Swiss National Bank 0.00% No change 115,700 $1.2M
Barclays PLC 0.00% Add +5.3% 104,618 $1.1M
LPL Financial LLC 0.00% Add +0.4% 100,050 $1.0M
Jane Street Group, LLC 0.00% Reduce -27.3% 100,022 $1.0M
Rhino Investment Partners, Inc 0.22% New 96,424 $974K
ExodusPoint Capital Management, LP 0.01% New 92,770 $937K
Citigroup Inc. 0.00% Add +12.1% 89,039 $899K
Drive Wealth Management, LLC 0.21% Add +18.8% 84,718 $877K
Penserra Capital Management LLC 0.01% Reduce -22.0% 79,828 $806K
Wedbush Securities Inc. 0.03% Add +8.1% 79,187 $800K
Susquehanna International Group, LLP 0.00% Add +675.7% 78,531 $793K
CANADA LIFE ASSURANCE Co 0.00% No change 78,254 $790K
Bank of America Corp. 0.00% Add +32.8% 78,030 $788K
Cura Wealth Advisors, LLC 0.34% — 75,300 $761K
Royal Bank of Canada 0.00% Add +59.0% 74,173 $749K
Lido Advisors, LLC 0.00% No change 68,744 $712K
Prudential Financial Inc. 0.00% No change 59,903 $605K
Two Sigma Investments, LP 0.00% Reduce -49.0% 59,025 $596K
Transce3nd, LLC 0.19% — 56,654 $572K
Alliancebernstein L.P. 0.00% No change 55,630 $562K
California State Teachers Retirement System 0.00% Reduce -1.2% 55,011 $556K
Deutsche Bank AG 0.00% Add +52.9% 54,522 $551K
GAMCO Investors 0.01% No change 50,000 $505K
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Reduce -66.4% 49,036 $495K
Ensign Peak Advisors, Inc 0.00% No change 48,122 $486K
Thrivent Financial for Lutherans 0.00% Reduce -1.2% 45,172 $456K
Graham Capital Management, L.P. 0.02% New 44,689 $451K
Manufacturers Life Insurance Company, The 0.00% Add +5.1% 41,975 $424K
Osaic Holdings, Inc. 0.00% Add +11.8% 40,447 $409K
OmniStar Financial Group, Inc. 0.31% Reduce -3.8% 38,294 $387K
XML Financial, LLC 0.04% Reduce -6.4% 37,984 $384K
Marshall Wace, LLP 0.00% New 37,696 $381K
MetLife Investment Management, LLC 0.00% Add +13.1% 37,637 $380K
Intech Investment Management LLC 0.00% Add +108.3% 33,178 $335K
State of Alaska, Department of Revenue 0.00% Reduce -0.1% 33,214 $335K
Virtu Financial LLC 0.02% New 32,657 $330K
XTX Topco Ltd 0.03% New 32,243 $326K
Illinois Municipal Retirement Fund 0.00% Add +6.2% 31,711 $320K
1776 Wealth LLC 0.15% New 31,511 $318K
Corebridge Financial, Inc. 0.00% Reduce -7.2% 31,287 $316K
&partners 0.00% New 29,920 $309K
Dark Forest Capital Management LP 0.04% New 29,768 $301K
Cubist Systematic Strategies, LLC 0.00% New 29,018 $293K
Janus Henderson Group PLC 0.00% No change 28,536 $288K
Louisiana State Employees Retirement System 0.01% Add +0.3% 28,300 $286K
Verition Fund Management LLC 0.00% Reduce -22.4% 26,518 $268K
Comerica Bank 0.00% Reduce -3.1% 26,352 $266K
State of Tennessee, Department of Treasury 0.00% Reduce -2.3% 26,124 $264K
Simplex Trading, LLC 0.01% Reduce -43.5% 23,899 $241K
New York State Teachers Retirement System 0.00% No change 23,401 $236K
Fox Run Management, L.L.C. 0.04% Add +35.5% 23,299 $235K
Tower Research Capital LLC (TRC) 0.00% Add +39.1% 22,809 $230K
Yousif Capital Management, LLC 0.00% Reduce -3.6% 22,369 $226K
Creative Planning 0.00% Add +1.4% 21,824 $220K
BNP Paribas Financial Markets 0.00% Add +46.5% 21,181 $214K
Renaissance Technologies 0.00% New 21,100 $213K
Two Sigma Advisers, LP 0.00% Reduce -52.2% 21,000 $212K
Squarepoint Ops LLC 0.00% New 19,707 $199K
Maryland State Retirement & Pension System 0.00% No change 19,667 $199K
Teachers Retirement System of the State of Kentucky 0.00% No change 18,846 $190K
Dynamic Technology Lab Private Ltd 0.03% New 18,040 $182K
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% Add +22.4% 17,780 $180K
ProShare Advisors LLC 0.00% Add +44.5% 17,710 $179K
Nisa Investment Advisors, LLC 0.00% Reduce -10.1% 16,917 $176K
Amalgamated Bank 0.00% Reduce -0.9% 17,122 $173K
Arizona State Retirement System 0.00% Add +0.8% 17,104 $173K
State Board of Administration of Florida Retirement System 0.00% No change 16,821 $170K
Whetstone Capital Advisors, LLC 0.06% Reduce -6.3% 16,430 $166K
Y-Intercept (Hong Kong) Ltd 0.01% New 15,764 $159K
Cerity Partners LLC 0.00% Reduce -51.1% 12,366 $150K
Oregon Public Employees Retirement Fund 0.00% No change 13,743 $139K
New York State Common Retirement Fund 0.00% No change 13,037 $132K
Teacher Retirement System of Texas 0.00% Reduce -81.5% 12,978 $131K
First Trust Advisors LP 0.00% New 12,799 $129K
Commonwealth of Pennsylvania Public School Empls Retrmt SYS 0.00% Add +0.2% 12,476 $126K
Atria Wealth Solutions, Inc. 0.00% Add +2.6% 12,103 $122K
Police & Firemen's Retirement System of New Jersey 0.00% — 12,009 $121K
Sherbrooke Park Advisers LLC 0.04% New 11,811 $119K
Victory Capital Management Inc. 0.00% Reduce -1.7% 11,783 $119K
STRS Ohio 0.00% No change 11,400 $115K
Abel Hall, LLC 0.07% Add +1.8% 11,337 $115K
Caxton Associates LP 0.00% New 10,882 $110K
Engineers Gate Manager LP 0.00% Reduce -20.0% 10,317 $104K
Diversified Trust Co. 0.00% No change 10,000 $101K
KLP Kapitalforvaltning As 0.00% — 9,300 $96K
State of Wyoming 0.01% Reduce -61.5% 9,111 $92K
PNC Financial Services Group, Inc. 0.00% Reduce -6.5% 6,303 $64K
Ameritas Investment Partners, Inc. 0.00% No change 5,856 $59K
Arlington Trust Co LLC 0.01% No change 3,400 $34K
Quadrant Capital Group LLC 0.00% Add +1.7% 3,206 $32K
Versant Capital Management, Inc 0.01% Add +49.8% 2,615 $26K
Public Employees Retirement System of Ohio 0.00% Add +9.7% 2,041 $21K
Future Financial Wealth Managment LLC 0.01% No change 2,000 $20K
Geneos Wealth Management Inc. 0.00% No change 1,725 $17K
Larson Financial Group LLC 0.00% No change 1,500 $15K
Sterling Capital Management LLC 0.00% Add +735.9% 1,396 $14K
Harbor Capital Advisors, Inc. 0.00% Reduce -1.1% 1,136 $11K
IFP Advisors, Inc 0.00% Reduce -0.4% 996 $11K
Chilton Capital Management LLC 0.00% No change 1,000 $10K
Cwm, LLC 0.00% Add +21.2% 921 $9K
Gould Capital, LLC 0.01% Add +2.0% 752 $8K
Avior Wealth Management, LLC 0.00% Add +57.8% 625 $6K
Harbour Investments, Inc. 0.00% Add +2.1% 578 $6K
Huntington National Bank 0.00% Reduce -3.3% 562 $6K
US Bancorp \de 0.00% No change 562 $6K
EverSource Wealth Advisors, LLC 0.00% Add +15.5% 515 $5K
Cullen/Frost Bankers, Inc. 0.00% Add +29.3% 499 $5K
Smartleaf Asset Management LLC 0.00% Add +426.6% 495 $5K
Fifth Third Bancorp 0.00% No change 367 $4K
Signaturefd, LLC 0.00% Reduce -59.4% 306 $3K
Continuum Advisory, LLC 0.00% No change 280 $3K
Allworth Financial LP 0.00% Add +55.4% 244 $3K
Russell Investments Group, Ltd. 0.00% Add +30.4% 210 $2K
GAMMA Investing LLC 0.00% Add +6.7% 207 $2K
UMB Bank, n.a. 0.00% No change 184 $2K
Amundi 0.00% New 130 $1K
Rothschild Investment LLC 0.00% Add +53.3% 115 $1K
MassMutual Private Wealth & Trust, FSB 0.00% No change 105 $1K
Bessemer Group Inc. 0.00% No change 115 $1K
Private Wealth Management Group, LLC 0.00% No change 55 $556
Farmers & Merchants Investments Inc. 0.00% No change 40 $404
Lindbrook Capital, LLC 0.00% No change 38 $384
Farther Finance Advisors, LLC 0.00% Reduce -59.3% 24 $242
Parallel Advisors, LLC 0.00% No change 9 $91
Brooklyn Investment Group 0.00% New 1 $11
Covestor Ltd 0.00% No change 7 $0

"% of holder's portfolio" is KREF's weight in each manager's 13F, not the share of KKR Real Estate Finance Trus the manager owns.