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KKR Real Estate Finance Trust Inc.

KREF
Exchange
NYSE
Industry
Real Estate Investment Trusts
SEC CIK
0001631596

No open-market purchases or sales by KKR Real Estate Finance Trust Inc. insiders were filed in the last 90 days; 154 institutions reported holding it in 13F filings for Q2 2026, worth $350.8M in total; no superinvestor holds it.

Other share classesKREF.PA

13F holders, Q4 2024

Institutional positions in KKR Real Estate Finance Trust Inc. as of Dec 31, 2024. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
171
+2 vs. Q3 2024
Shares held
50.7M
−578.7K (−1.1%) vs. Q3 2024
Total value
$513.0M
−$121.0M (−19.1%) vs. Q3 2024
New holders
26
65 more added
Sold out
24
43 more reduced

3 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting KREF on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2024: 171 institutions
Q1 2021: 128 institutionsQ2 2021: 137 institutionsQ3 2021: 146 institutionsQ4 2021: 168 institutionsQ1 2022: 174 institutionsQ2 2022: 177 institutionsQ3 2022: 170 institutionsQ4 2022: 167 institutionsQ1 2023: 166 institutionsQ2 2023: 155 institutionsQ3 2023: 155 institutionsQ4 2023: 160 institutionsQ1 2024: 155 institutionsQ2 2024: 150 institutionsQ3 2024: 172 institutionsQ4 2024: 171 institutionsQ1 2025: 178 institutionsQ2 2025: 170 institutionsQ3 2025: 173 institutionsQ4 2025: 164 institutionsQ1 2026: 169 institutionsQ2 2026: 154 institutions
Value heldQ4 2024: $513.0M
Q1 2021: $891.5MQ2 2021: $990.2MQ3 2021: $967.5MQ4 2021: $1.01BQ1 2022: $1.11BQ2 2022: $901.8MQ3 2022: $857.2MQ4 2022: $743.2MQ1 2023: $605.3MQ2 2023: $614.9MQ3 2023: $590.7MQ4 2023: $668.2MQ1 2024: $522.4MQ2 2024: $454.5MQ3 2024: $635.3MQ4 2024: $513.0MQ1 2025: $545.4MQ2 2025: $429.9MQ3 2025: $448.0MQ4 2025: $422.0MQ1 2026: $311.7MQ2 2026: $350.8M
Institutions holding KREF and their total value by quarter
QuarterHoldersValue
Q2 2026154$350.8M
Q1 2026169$311.7M
Q4 2025164$422.0M
Q3 2025173$448.0M
Q2 2025170$429.9M
Q1 2025178$545.4M
Q4 2024171$513.0M
Q3 2024172$635.3M
Q2 2024150$454.5M
Q1 2024155$522.4M
Q4 2023160$668.2M
Q3 2023155$590.7M
Q2 2023155$614.9M
Q1 2023166$605.3M
Q4 2022167$743.2M
Q3 2022170$857.2M
Q2 2022177$901.8M
Q1 2022174$1.11B
Q4 2021168$1.01B
Q3 2021146$967.5M
Q2 2021137$990.2M
Q1 2021128$891.5M

Institutions, Q4 2024

Shares, value and share of portfolio for each institution holding KKR Real Estate Finance Trust Inc.; share changes are against Q3 2024.

Institutions holding KREF in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.10,278,253$103.8M0.00%+33,491+0.3%Added
Kohlberg Kravis Roberts & Co. L.P.10,000,001$101.0M2.70%00.0%Unchanged
Vanguard Group Inc6,450,025$65.1M0.00%−198,789−3.0%Reduced
Nan Shan Life Insurance Co., Ltd.3,079,453$31.1M0.75%00.0%Unchanged
State Street Corp2,316,538$24.0M0.00%+137,760+6.3%Added
Geode Capital Management, LLC1,373,685$13.9M0.00%+18,535+1.4%Added
Mirae Asset Global ETFs Holdings Ltd.1,045,773$10.6M0.02%+95,540+10.1%Added
Morgan Stanley928,574$9.38M0.00%+74,884+8.8%Added
Balyasny Asset Management LLC844,610$8.53M0.02%+454,517+116.5%Added
JPMorgan Chase & Co728,875$7.36M0.00%−377,669−34.1%Reduced
Invesco Ltd.716,637$7.24M0.00%−590,283−45.2%Reduced
Northern Trust Corp690,826$6.98M0.00%+123,312+21.7%Added
Charles Schwab Investment Management Inc637,861$6.44M0.00%−84,619−11.7%Reduced
Stephens Inc566,035$5.72M0.08%−71,248−11.2%Reduced
Wellington Management Group LLP529,750$5.35M0.00%+529,750New
Price T Rowe Associates Inc477,633$4.83M0.00%+458,530+2,400.3%Added
Citadel Advisors LLC433,530$4.38M0.00%+91,251+26.7%Added
Van Eck Associates Corp416,473$4.21M0.01%−38,818−8.5%Reduced
Bank of New York Mellon Corp355,156$3.59M0.00%−3,187−0.9%Reduced
Gratia Capital, LLC330,000$3.33M3.90%00.0%Unchanged
D. E. Shaw & Co., Inc.319,230$3.22M0.00%+37,476+13.3%Added
Principal Financial Group Inc283,897$2.87M0.00%+8,873+3.2%Added
Millennium Management LLC280,650$2.83M0.00%+81,028+40.6%Added
Goldman Sachs Group Inc277,953$2.81M0.00%+35,041+14.4%Added
Voya Investment Management LLC261,402$2.64M0.00%+26,811+11.4%Added
Condor Capital Management251,273$2.54M0.22%+103,654+70.2%Added
1832 Asset Management L.P.248,800$2.51M0.00%−451,200−64.5%Reduced
Lighthouse Investment Partners, LLC245,266$2.48M0.10%+245,266New
BI Asset Management Fondsmaeglerselskab A/S222,315$2.25M0.02%+22,160+11.1%Added
Zacks Investment Management216,102$2.18M0.02%−10,003−4.4%Reduced
UBS Group AG215,609$2.18M0.00%+61,859+40.2%Added
Nuveen Asset Management, LLC214,950$2.17M0.00%+4,294+2.0%Added
GFS Advisors, LLC212,940$2.15M0.33%−77,800−26.8%Reduced
GP Brinson Investments LLC201,148$2.03M0.84%00.0%Unchanged
Raymond James Financial Inc181,636$1.83M0.00%+181,636New
Algert Global LLC180,676$1.82M0.04%+14,303+8.6%Added
FMR LLC176,593$1.78M0.00%−79,006−30.9%Reduced
Rhumbline Advisers175,092$1.77M0.00%+2,100+1.2%Added
Legal & General Group Plc167,955$1.70M0.00%+9,455+6.0%Added
Wells Fargo & Company158,669$1.60M0.00%+25,217+18.9%Added
Prevail Innovative Wealth Advisors, LLC153,391$1.55M0.45%+134,459+710.2%Added
AXS Investments LLC151,859$1.53M0.43%−43,432−22.2%Reduced
Public Sector Pension Investment Board145,832$1.47M0.01%+22,277+18.0%Added
Stifel Financial Corp137,500$1.39M0.00%+21,387+18.4%Added
Ameriprise Financial Inc133,008$1.35M0.00%−28,092−17.4%Reduced
Swiss National Bank115,700$1.17M0.00%00.0%Unchanged
Barclays PLC104,618$1.06M0.00%+5,299+5.3%Added
LPL Financial LLC100,050$1.01M0.00%+397+0.4%Added
Jane Street Group, LLC100,022$1.01M0.00%−37,572−27.3%Reduced
rhino investment partners, Inc96,424$973.9K0.22%+96,424New
ExodusPoint Capital Management, LP92,770$937.0K0.01%+92,770New
Citigroup Inc89,039$899.3K0.00%+9,606+12.1%Added
Drive Wealth Management, LLC84,718$876.8K0.21%+13,432+18.8%Added
Penserra Capital Management LLC79,828$806.0K0.01%−22,537−22.0%Reduced
Wedbush Securities Inc79,187$800.0K0.03%+5,945+8.1%Added
Susquehanna International Group, LLP78,531$793.2K0.00%+68,407+675.7%Added
Great West Life Assurance Co78,254$790.0K0.00%00.0%Unchanged
Bank of America Corp78,030$788.1K0.00%+19,257+32.8%Added
Cura Wealth Advisors, LLC75,300$760.5K0.34%+75,300New
Royal Bank of Canada74,173$749.0K0.00%+27,515+59.0%Added
Lido Advisors, LLC68,744$711.5K0.00%00.0%Unchanged
Prudential Financial Inc59,903$605.0K0.00%00.0%Unchanged
Two Sigma Investments, LP59,025$596.2K0.00%−56,753−49.0%Reduced
Transce3nd, LLC56,654$572.2K0.19%+56,654New
Alliancebernstein L.P.55,630$561.9K0.00%00.0%Unchanged
California State Teachers Retirement System55,011$555.6K0.00%−675−1.2%Reduced
Deutsche Bank AG54,522$550.7K0.00%+18,865+52.9%Added
Gamco Investors, Inc. Et Al50,000$505.0K0.01%00.0%Unchanged
UBS Asset Management Americas Inc49,036$495.3K0.00%−96,860−66.4%Reduced
Ensign Peak Advisors, Inc48,122$486.0K0.00%00.0%Unchanged
Thrivent Financial for Lutherans45,172$456.0K0.00%−563−1.2%Reduced
Graham Capital Management, L.P.44,689$451.4K0.01%+44,689New
Manufacturers Life Insurance Company, The41,975$423.9K0.00%+2,051+5.1%Added
Advisor Group Holdings, Inc.40,447$408.5K0.00%+4,269+11.8%Added
OmniStar Financial Group, Inc.38,294$386.8K0.31%−1,515−3.8%Reduced
XML Financial, LLC37,984$383.6K0.04%−2,600−6.4%Reduced
Marshall Wace, LLP37,696$380.7K0.00%+37,696New
MetLife Investment Management37,637$380.1K0.00%+4,355+13.1%Added
Intech Investment Management LLC33,178$335.1K0.00%+17,254+108.4%Added
State of Alaska, Department of Revenue33,214$335.0K0.00%−21−0.1%Reduced
Virtu Financial LLC32,657$330.0K0.02%+32,657New
XTX Topco Ltd32,243$325.7K0.03%+32,243New
Illinois Municipal Retirement Fund31,711$320.3K0.00%+1,842+6.2%Added
1776 Wealth LLC31,511$318.3K0.15%+31,511New
Corebridge Financial, Inc.31,287$316.0K0.00%−2,436−7.2%Reduced
Wiley Bros.-Aintree Capital, LLC29,920$308.7K0.00%+29,920New
Dark Forest Capital Management LP29,768$300.7K0.04%+29,768New
Cubist Systematic Strategies, LLC29,018$293.1K0.00%+29,018New
Janus Henderson Group PLC28,536$288.4K0.00%00.0%Unchanged
Louisiana State Employees Retirement System28,300$285.8K0.01%+100+0.4%Added
Verition Fund Management LLC26,518$267.8K0.00%−7,646−22.4%Reduced
Comerica Bank26,352$266.2K0.00%−839−3.1%Reduced
State of Tennessee, Treasury Department26,124$263.9K0.00%−620−2.3%Reduced
Simplex Trading, LLC23,899$241.0K0.01%−18,365−43.5%Reduced
New York State Teachers Retirement System23,401$236.0K0.00%00.0%Unchanged
Fox Run Management, L.L.C.23,299$235.3K0.04%+6,110+35.5%Added
Tower Research Capital LLC (TRC)22,809$230.4K0.00%+6,414+39.1%Added
Yousif Capital Management, LLC22,369$225.9K0.00%−839−3.6%Reduced
Creative Planning21,824$220.4K0.00%+300+1.4%Added
BNP Paribas Arbitrage, SA21,181$213.9K0.00%+6,718+46.4%Added