KKR Real Estate Finance TrusKREF
13F holders, Q1 2025 (March 31)178holders +7
23new positions
16sold out
5famous investors
$10.85avg. 13F price*
At the end of Q1 2025, 178 institutions reported holding KKR Real Estate Finance Trus (KREF) in their 13F filings, up 7 from Q4 2024. 23 opened new positions and 16 sold out. The largest holders were BlackRock, Inc. ($111.2M), Kohlberg Kravis Roberts & Co. L.P. ($109.7M) and Vanguard Group Inc. ($68.1M). 5 famous investors held it, including Mario Gabelli (0.0% of GAMCO Investors's portfolio), David E. Shaw (0.0% of D. E. Shaw & Co.'s portfolio) and Ken Griffin (0.0% of Citadel Advisors's portfolio).
- Company
- KKR Real Estate Finance Trus
- CUSIP
- 48251K100
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 23 | $6.6M |
| Exits | 16 | $13.1M |
All 13F filers, Q4 2024 → Q1 2025: 2,671,309 shares bought and 3,448,667 shares sold, net −777,358 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 178 holders
| BlackRock, Inc. | 0.00% | Add +0.2% | 10,299,239 | $111.2M |
| Kohlberg Kravis Roberts & Co. L.P. | 2.83% | No change | 10,000,001 | $109.7M |
| Vanguard Group Inc. | 0.00% | Reduce -2.2% | 6,306,998 | $68.1M |
| Nan Shan Life Insurance Co., Ltd. | 0.78% | No change | 3,079,453 | $33.3M |
| State Street Corp. | 0.00% | Reduce -3.9% | 2,226,463 | $24.6M |
| Geode Capital Management, LLC | 0.00% | Add +0.7% | 1,383,269 | $14.9M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.02% | Reduce -1.4% | 1,031,008 | $11.1M |
| Morgan Stanley | 0.00% | Reduce -7.1% | 862,726 | $9.3M |
| JPMorgan Chase & Co. | 0.00% | Add +6.7% | 777,624 | $8.4M |
| Northern Trust Corp. | 0.00% | Reduce -2.9% | 671,024 | $7.2M |
| Charles Schwab Investment Management Inc. | 0.00% | Add +4.6% | 666,973 | $7.2M |
| Wellington Management Group LLP | 0.00% | Add +5.9% | 560,847 | $6.1M |
| T. Rowe Price Associates Inc. | 0.00% | Add +2.0% | 487,177 | $5.3M |
| Stephens Inc. | 0.07% | Reduce -16.3% | 473,627 | $5.1M |
| Invesco Ltd. | 0.00% | Reduce -38.9% | 437,843 | $4.7M |
| D. E. Shaw & Co. | 0.01% | Add +26.9% | 405,107 | $4.4M |
| Van Eck Associates Corp. | 0.01% | Reduce -11.3% | 369,543 | $4.0M |
| Citadel Advisors | 0.00% | Reduce -17.4% | 357,935 | $3.9M |
| Millennium Management | 0.00% | Add +25.9% | 353,216 | $3.8M |
| Bank of New York Mellon Corp | 0.00% | Reduce -3.3% | 343,622 | $3.7M |
| Voya Investment Management LLC | 0.00% | Add +25.4% | 327,746 | $3.5M |
| Rhino Investment Partners, Inc | 0.79% | Add +207.7% | 296,668 | $3.2M |
| Marshall Wace, LLP | 0.00% | Add +679.3% | 293,757 | $3.2M |
| Two Sigma Investments, LP | 0.01% | Add +393.2% | 291,136 | $3.1M |
| Principal Financial Group Inc. | 0.00% | Add +1.4% | 287,754 | $3.1M |
| Steward Partners Investment Advisory, LLC | 0.03% | New | 276,376 | $3.0M |
| Condor Capital Management | 0.27% | Add +7.5% | 270,093 | $2.9M |
| BI Asset Management Fondsmaeglerselskab A/S | 0.03% | Add +5.6% | 234,707 | $2.5M |
| Goldman Sachs Group Inc. | 0.00% | Reduce -19.2% | 224,697 | $2.4M |
| GFS Advisors, LLC | 0.46% | Reduce -0.1% | 212,720 | $2.3M |
| Nuveen, LLC | 0.00% | — | 207,512 | $2.2M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +317.2% | 204,589 | $2.2M |
| FMR LLC | 0.00% | Add +12.2% | 198,133 | $2.1M |
| Two Sigma Advisers, LP | 0.00% | Add +816.7% | 192,500 | $2.1M |
| Public Sector Pension Investment Board | 0.01% | Add +25.5% | 183,023 | $2.0M |
| Jane Street Group, LLC | 0.00% | Add +72.1% | 172,162 | $1.9M |
| Algert Global LLC | 0.05% | Reduce -5.4% | 170,876 | $1.8M |
| Rhumbline Advisers | 0.00% | Reduce -5.1% | 166,158 | $1.8M |
| AXS Investments LLC | 0.49% | Add +8.4% | 164,623 | $1.8M |
| Wells Fargo & Company | 0.00% | Add +2.7% | 162,925 | $1.8M |
| Prevail Innovative Wealth Advisors, LLC | 0.47% | Add +5.8% | 162,286 | $1.8M |
| Legal & General Group Plc | 0.00% | Reduce -6.9% | 156,404 | $1.7M |
| Bank of America Corp. | 0.00% | Add +61.4% | 125,909 | $1.4M |
| Ameriprise Financial Inc. | 0.00% | Reduce -6.3% | 124,559 | $1.3M |
| UBS Group AG | 0.00% | Reduce -42.9% | 123,036 | $1.3M |
| Dark Forest Capital Management LP | 0.06% | Add +311.5% | 122,506 | $1.3M |
| Susquehanna International Group, LLP | 0.00% | Add +49.9% | 117,676 | $1.3M |
| Swiss National Bank | 0.00% | No change | 115,700 | $1.2M |
| Balyasny Asset Management L.P. | 0.00% | Reduce -86.5% | 114,427 | $1.2M |
| LPL Financial LLC | 0.00% | Add +10.7% | 110,752 | $1.2M |
| Drive Wealth Management, LLC | 0.28% | Add +25.1% | 105,943 | $1.2M |
| GP Brinson Investments LLC | 0.50% | Reduce -48.0% | 104,706 | $1.1M |
| AlphaQuest LLC | 0.12% | New | 102,472 | $1.1M |
| Penserra Capital Management LLC | 0.02% | Add +21.1% | 96,632 | $1.0M |
| Citigroup Inc. | 0.00% | Add +0.7% | 89,684 | $969K |
| Cura Wealth Advisors, LLC | 0.38% | Add +14.6% | 86,300 | $932K |
| Raymond James Financial Inc. | 0.00% | Reduce -54.0% | 83,475 | $902K |
| Wedbush Securities Inc. | 0.03% | Add +1.5% | 80,386 | $868K |
| Barclays PLC | 0.00% | Reduce -26.2% | 77,186 | $834K |
| Graham Capital Management, L.P. | 0.04% | Add +72.4% | 77,063 | $832K |
| Royal Bank of Canada | 0.00% | Reduce -1.1% | 73,344 | $792K |
| Lido Advisors, LLC | 0.00% | No change | 68,744 | $760K |
| XTX Topco Ltd | 0.03% | Add +91.0% | 61,587 | $665K |
| Transce3nd, LLC | 0.29% | Add +8.1% | 61,264 | $660K |
| Stifel Financial Corp. | 0.00% | Reduce -56.1% | 60,408 | $652K |
| Prudential Financial Inc. | 0.00% | Reduce -5.8% | 56,413 | $609K |
| Alliancebernstein L.P. | 0.00% | No change | 55,630 | $601K |
| CANADA LIFE ASSURANCE Co | 0.00% | Reduce -29.2% | 55,436 | $598K |
| California State Teachers Retirement System | 0.00% | No change | 55,011 | $594K |
| GAMCO Investors | 0.01% | No change | 50,000 | $540K |
| Fox Run Management, L.L.C. | 0.08% | Add +110.0% | 48,937 | $529K |
| Deutsche Bank AG | 0.00% | Reduce -10.5% | 48,777 | $527K |
| Ensign Peak Advisors, Inc | 0.00% | No change | 48,122 | $520K |
| Intech Investment Management LLC | 0.01% | Add +44.5% | 47,931 | $518K |
| Cubist Systematic Strategies, LLC | 0.01% | Add +61.4% | 46,835 | $506K |
| Osaic Holdings, Inc. | 0.00% | Add +11.7% | 45,168 | $488K |
| Y-Intercept (Hong Kong) Ltd | 0.03% | Add +185.0% | 44,925 | $485K |
| Thrivent Financial for Lutherans | 0.00% | Reduce -6.2% | 42,396 | $458K |
| Manufacturers Life Insurance Company, The | 0.00% | Reduce -1.9% | 41,183 | $445K |
| Engineers Gate Manager LP | 0.01% | Add +289.9% | 40,225 | $434K |
| Renaissance Technologies | 0.00% | Add +79.2% | 37,800 | $408K |
| XML Financial, LLC | 0.04% | Reduce -1.5% | 37,400 | $404K |
| MetLife Investment Management, LLC | 0.00% | Reduce -1.9% | 36,940 | $399K |
| Westbourne Investments, Inc. | 0.24% | New | 36,600 | $395K |
| Sophron Capital Management L.P. | 0.13% | New | 36,379 | $393K |
| &partners | 0.00% | Add +9.1% | 32,632 | $357K |
| Nebula Research & Development LLC | 0.03% | New | 32,032 | $346K |
| State of Alaska, Department of Revenue | 0.00% | Reduce -3.7% | 31,982 | $345K |
| Campbell & CO Investment Adviser LLC | 0.03% | New | 31,700 | $342K |
| 1776 Wealth LLC | 0.16% | No change | 31,511 | $340K |
| Corebridge Financial, Inc. | 0.00% | Reduce -2.0% | 30,663 | $331K |
| Illinois Municipal Retirement Fund | 0.00% | Reduce -5.5% | 29,957 | $324K |
| Janus Henderson Group PLC | 0.00% | No change | 28,536 | $312K |
| Louisiana State Employees Retirement System | 0.01% | Reduce -3.9% | 27,200 | $294K |
| Caxton Associates LLP | 0.01% | — | 26,678 | $288K |
| Aigen Investment Management, LP | 0.05% | New | 26,189 | $283K |
| State of Tennessee, Department of Treasury | 0.00% | No change | 26,124 | $282K |
| Comerica Bank | 0.00% | Reduce -2.7% | 25,646 | $277K |
| New York State Teachers Retirement System | 0.00% | No change | 23,401 | $253K |
| Yousif Capital Management, LLC | 0.00% | Reduce -3.6% | 21,568 | $233K |
| Quadrant Capital Group LLC | 0.01% | Add +563.8% | 21,282 | $230K |
| Creative Planning | 0.00% | Reduce -5.0% | 20,737 | $224K |
| Teachers Retirement System of the State of Kentucky | 0.00% | No change | 18,846 | $203K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | No change | 17,780 | $192K |
| Arizona State Retirement System | 0.00% | Reduce -0.8% | 16,963 | $183K |
| Maryland State Retirement & Pension System | 0.00% | Reduce -14.4% | 16,843 | $182K |
| State Board of Administration of Florida Retirement System | 0.00% | No change | 16,821 | $182K |
| Amalgamated Bank | 0.00% | Reduce -3.5% | 16,528 | $179K |
| Whetstone Capital Advisors, LLC | 0.08% | Reduce -2.9% | 15,957 | $172K |
| Nisa Investment Advisors, LLC | 0.00% | Reduce -11.0% | 15,058 | $167K |
| Teacher Retirement System of Texas | 0.00% | Add +15.4% | 14,980 | $162K |
| Simplex Trading, LLC | 0.01% | Reduce -38.2% | 14,776 | $159K |
| SG Americas Securities, LLC | 0.00% | New | 14,089 | $152K |
| ProShare Advisors LLC | 0.00% | Reduce -22.0% | 13,821 | $149K |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 0.00% | Add +10.7% | 13,813 | $149K |
| Oregon Public Employees Retirement Fund | 0.00% | Reduce -3.6% | 13,243 | $143K |
| Cibc World Markets Corp. | 0.00% | New | 13,045 | $141K |
| New York State Common Retirement Fund | 0.00% | No change | 13,037 | $141K |
| Victory Capital Management Inc. | 0.00% | Add +6.8% | 12,582 | $136K |
| Group One Trading LLC | 0.01% | New | 12,133 | $131K |
| Police & Firemen's Retirement System of New Jersey | 0.00% | No change | 12,009 | $130K |
| Schonfeld Strategic Advisors LLC | 0.00% | New | 12,000 | $130K |
| Abel Hall, LLC | 0.07% | Add +1.4% | 11,493 | $124K |
| STRS Ohio | 0.00% | No change | 11,400 | $123K |
| First Trust Advisors LP | 0.00% | Reduce -13.5% | 11,068 | $120K |
| Atria Wealth Solutions, Inc. | 0.00% | Reduce -9.1% | 10,997 | $119K |
| Bank of Montreal | 0.00% | New | 10,337 | $112K |
| Diversified Trust Co. | 0.00% | No change | 10,000 | $108K |
| State of Wyoming | 0.01% | Add +8.4% | 9,878 | $107K |
| KLP Kapitalforvaltning As | 0.00% | No change | 9,300 | $102K |
| BNP Paribas Financial Markets | 0.00% | Reduce -60.2% | 8,424 | $91K |
| PNC Financial Services Group, Inc. | 0.00% | Add +10.0% | 6,933 | $75K |
| Acadian Asset Management LLC | 0.00% | New | 6,192 | $66K |
| Ameritas Investment Partners, Inc. | 0.00% | No change | 5,856 | $63K |
| Tower Research Capital LLC (TRC) | 0.00% | Reduce -84.7% | 3,494 | $38K |
| Arlington Trust Co LLC | 0.01% | No change | 3,400 | $37K |
| Versant Capital Management, Inc | 0.01% | Add +14.4% | 2,991 | $32K |
| Quarry LP | 0.01% | New | 2,585 | $28K |
| Farther Finance Advisors, LLC | 0.00% | Add +9954.2% | 2,413 | $26K |
| Public Employees Retirement System of Ohio | 0.00% | Add +1.8% | 2,078 | $22K |
| Future Financial Wealth Managment LLC | 0.02% | No change | 2,000 | $22K |
| Geneos Wealth Management Inc. | 0.00% | No change | 1,725 | $19K |
| Larson Financial Group LLC | 0.00% | No change | 1,500 | $16K |
| IFP Advisors, Inc | 0.00% | No change | 996 | $11K |
| Chilton Capital Management LLC | 0.00% | No change | 1,000 | $11K |
| Cwm, LLC | 0.00% | Reduce -0.1% | 920 | $10K |
| Sterling Capital Management LLC | 0.00% | Reduce -45.6% | 760 | $8K |
| Harbour Investments, Inc. | 0.00% | Add +2.4% | 592 | $6K |
| US Bancorp \de | 0.00% | No change | 562 | $6K |
| Smartleaf Asset Management LLC | 0.00% | No change | 495 | $5K |
| GAMMA Investing LLC | 0.00% | Add +141.6% | 500 | $5K |
| EverSource Wealth Advisors, LLC | 0.00% | Reduce -4.3% | 493 | $5K |
| Bessemer Group Inc. | 0.00% | Add +302.6% | 463 | $5K |
| Russell Investments Group, Ltd. | 0.00% | Add +109.5% | 440 | $5K |
| Fifth Third Bancorp | 0.00% | No change | 367 | $4K |
| Huntington National Bank | 0.00% | Reduce -34.9% | 366 | $4K |
| UMB Bank, n.a. | 0.00% | Add +89.1% | 348 | $4K |
| Brooklyn Investment Group | 0.00% | Add +33400.0% | 335 | $4K |
| Aster Capital Management (DIFC) Ltd | 0.00% | New | 307 | $3K |
| Signaturefd, LLC | 0.00% | No change | 306 | $3K |
| Harbor Capital Advisors, Inc. | 0.00% | Reduce -85.6% | 164 | $2K |
| Hantz Financial Services, Inc. | 0.00% | New | 171 | $2K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | Add +64.8% | 173 | $2K |
| Lindbrook Capital, LLC | 0.00% | Add +347.4% | 170 | $2K |
| Rothschild Investment LLC | 0.00% | Add +34.8% | 155 | $2K |
| Amundi | 0.00% | Add +3.1% | 134 | $1K |
| Allworth Financial LP | 0.00% | Reduce -55.3% | 109 | $975 |
| Private Wealth Management Group, LLC | 0.00% | No change | 55 | $594 |
| Parkside Financial Bank & Trust | 0.00% | New | 50 | $540 |
| Caitong International Asset Management Co., Ltd | 0.00% | New | 49 | $529 |
| GoalVest Advisory LLC | 0.00% | New | 40 | $432 |
| Farmers & Merchants Investments Inc. | 0.00% | No change | 40 | $432 |
| Stephens Consulting, LLC | 0.00% | New | 35 | $378 |
| Truvestments Capital LLC | 0.00% | New | 25 | $270 |
| True Wealth Design, LLC | 0.00% | New | 14 | $152 |
| Parallel Advisors, LLC | 0.00% | No change | 9 | $97 |
| Capital Advisors, Ltd. LLC | 0.00% | New | 35 | $0 |
| 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.