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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 $349.7M in total; no superinvestor holds it.

Other share classesKREF.PA

13F holders, Q2 2025

Institutional positions in KKR Real Estate Finance Trust Inc. as of Jun 30, 2025. 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
170
−7 vs. Q1 2025
Shares held
48.8M
−1.13M (−2.3%) vs. Q1 2025
Total value
$428.7M
−$113.1M (−20.9%) vs. Q1 2025
New holders
21
60 more added
Sold out
28
61 more reduced

1 institution that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 170 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 heldQ2 2025: $428.7M
Q1 2021: $891.5MQ2 2021: $990.2MQ3 2021: $967.5MQ4 2021: $1.01BQ1 2022: $1.07BQ2 2022: $901.8MQ3 2022: $857.2MQ4 2022: $742.3MQ1 2023: $602.7MQ2 2023: $614.9MQ3 2023: $590.7MQ4 2023: $646.9MQ1 2024: $500.3MQ2 2024: $448.4MQ3 2024: $628.5MQ4 2024: $513.0MQ1 2025: $541.8MQ2 2025: $428.7MQ3 2025: $442.8MQ4 2025: $422.0MQ1 2026: $308.0MQ2 2026: $349.7M
Institutions holding KREF and their total value by quarter
QuarterHoldersValue
Q2 2026154$349.7M
Q1 2026169$308.0M
Q4 2025164$422.0M
Q3 2025173$442.8M
Q2 2025170$428.7M
Q1 2025178$541.8M
Q4 2024171$513.0M
Q3 2024172$628.5M
Q2 2024150$448.4M
Q1 2024155$500.3M
Q4 2023160$646.9M
Q3 2023155$590.7M
Q2 2023155$614.9M
Q1 2023166$602.7M
Q4 2022167$742.3M
Q3 2022170$857.2M
Q2 2022177$901.8M
Q1 2022174$1.07B
Q4 2021168$1.01B
Q3 2021146$967.5M
Q2 2021137$990.2M
Q1 2021128$891.5M

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding KKR Real Estate Finance Trust Inc.; share changes are against Q1 2025.

Institutions holding KREF in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Covestor Ltd10$00.00%+3+42.9%Added
Huntington National Bank1$90.00%−365−99.7%Reduced
Parallel Advisors, LLC9$790.00%00.0%Unchanged
True Wealth Design, LLC13$1150.00%−1−7.1%Reduced
Clearstead Advisors, LLC21$1850.00%+21New
Atlantic Trust, LLC24$2110.00%+24New
Farmers & Merchants Investments Inc40$3510.00%00.0%Unchanged
Smartleaf Asset Management LLC40$3600.00%−455−91.9%Reduced
Caitong International Asset Management Co., Ltd45$3950.00%−4−8.2%Reduced
Signaturefd, LLC59$5170.00%−247−80.7%Reduced
Parkside Financial Bank & Trust67$5890.00%+17+34.0%Added
Massmutual Trust Co FSB105$9210.00%−68−39.3%Reduced
Bessemer Group Inc151$1.00K0.00%−312−67.4%Reduced
Harbor Capital Advisors, Inc.167$1.00K0.00%+3+1.8%Added
Umb Bank N A187$1.64K0.00%−161−46.3%Reduced
Rothschild Investment LLC210$1.84K0.00%+55+35.5%Added
Hantz Financial Services, Inc.246$2.00K0.00%+75+43.9%Added
US Bancorp230$2.02K0.00%−332−59.1%Reduced
Farther Finance Advisors, LLC240$2.10K0.00%−2,173−90.1%Reduced
Fifth Third Bancorp295$2.59K0.00%−72−19.6%Reduced
Essential Partners LLC423$3.71K0.00%+423New
Chung Wu Investment Group, LLC500$4.38K0.00%+500New
MAI Capital Management558$4.89K0.00%+558New
GAMMA Investing LLC571$5.01K0.00%+71+14.2%Added
Harbour Investments, Inc.608$5.33K0.00%+16+2.7%Added
Russell Investments Group, Ltd.856$7.50K0.00%+416+94.5%Added
The PNC Financial Services Group, Inc.873$7.66K0.00%−6,060−87.4%Reduced
Chilton Capital Management LLC1,000$8.77K0.00%00.0%Unchanged
BNP PARIBAS ASSET MANAGEMENT Holding S.A.1,270$11.0K0.00%+1,270New
Ameritas Advisory Services, LLC1,303$11.4K0.00%+1,303New
Skopos Labs, Inc.1,389$12.2K0.00%+1,054+314.6%Added
IFP Advisors, Inc1,405$12.3K0.00%+409+41.1%Added
Sterling Capital Management LLC1,542$13.5K0.00%+782+102.9%Added
Larson Financial Group LLC1,603$14.1K0.00%+103+6.9%Added
Future Financial Wealth Managment LLC2,000$17.5K0.01%00.0%Unchanged
Public Employees Retirement System of Ohio2,048$18.0K0.00%−30−1.4%Reduced
Arlington Trust Co LLC3,400$29.8K0.01%00.0%Unchanged
Geneos Wealth Management Inc.3,450$30.3K0.00%+1,725+100.0%Added
EverSource Wealth Advisors, LLC4,151$36.4K0.00%+3,658+742.0%Added
Versant Capital Management, Inc4,157$36.5K0.01%+1,166+39.0%Added
Allworth Financial LP4,365$38.3K0.00%+4,256+3,904.6%Added
Tower Research Capital LLC (TRC)5,732$50.3K0.00%+2,238+64.1%Added
BNP Paribas Arbitrage, SA5,852$51.3K0.00%−2,572−30.5%Reduced
Ameritas Investment Partners, Inc.5,856$51.4K0.00%00.0%Unchanged
KLP Kapitalforvaltning AS9,300$83.5K0.00%00.0%Unchanged
Diversified Trust Co10,000$87.7K0.00%00.0%Unchanged
State of Wyoming10,528$92.3K0.01%+650+6.6%Added
Atria Wealth Solutions, Inc.10,743$94.3K0.00%−254−2.3%Reduced
Mariner, LLC11,170$98.0K0.00%+11,170New
Nisa Investment Advisors, LLC10,823$98.7K0.00%−4,235−28.1%Reduced
Victory Capital Management Inc11,303$99.1K0.00%−1,279−10.2%Reduced
STRS Ohio11,400$100.0K0.00%00.0%Unchanged
CWM, LLC11,446$100.0K0.00%+10,526+1,144.1%Added
Group One Trading, L.P.12,133$106.4K0.00%00.0%Unchanged
Creative Planning12,276$107.7K0.00%−8,461−40.8%Reduced
ProShare Advisors LLC12,747$111.8K0.00%−1,074−7.8%Reduced
Caxton Associates LLP12,917$113.3K0.00%−13,761−51.6%Reduced
New York State Common Retirement Fund13,037$114.3K0.00%00.0%Unchanged
Oregon Public Employees Retirement Fund13,043$114.4K0.00%−200−1.5%Reduced
Police & Firemen's Retirement System of New Jersey13,466$118.1K0.00%+1,457+12.1%Added
Dynamic Technology Lab Private Ltd14,271$125.0K0.02%+14,271New
Commonwealth of Pennsylvania Public School Empls Retrmt Sys14,623$128.2K0.00%+810+5.9%Added
Westbourne Investments, Inc.15,000$131.6K0.07%−21,600−59.0%Reduced
Amalgamated Bank16,294$143.0K0.00%−234−1.4%Reduced
Verition Fund Management LLC16,516$144.8K0.00%+16,516New
State Board of Administration of Florida Retirement System16,821$147.5K0.00%00.0%Unchanged
Maryland State Retirement & Pension System16,843$147.7K0.00%00.0%Unchanged
Arizona State Retirement System17,046$149.5K0.00%+83+0.5%Added
Quantinno Capital Management LP18,166$159.3K0.00%+18,166New
Teachers Retirement System of the State of Kentucky18,846$165.0K0.00%00.0%Unchanged
Jain Global LLC19,309$169.3K0.00%+19,309New
Quest Partners LLC20,365$178.6K0.02%−82,107−80.1%Reduced
Whetstone Capital Advisors, LLC20,396$178.9K0.05%+4,439+27.8%Added
Yousif Capital Management, LLC21,568$189.2K0.00%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)22,129$194.1K0.00%+4,349+24.5%Added
State of Tennessee, Treasury Department22,808$200.0K0.00%−3,316−12.7%Reduced
Cerity Partners LLC22,984$201.6K0.00%+22,984New
Abel Hall, LLC23,081$202.4K0.09%+11,588+100.8%Added
New York State Teachers Retirement System23,401$205.0K0.00%00.0%Unchanged
Qube Research & Technologies Ltd25,018$219.4K0.00%+25,018New
Comerica Bank25,571$224.3K0.00%−75−0.3%Reduced
Louisiana State Employees Retirement System26,600$233.3K0.00%−600−2.2%Reduced
Quantbot Technologies LP26,640$233.6K0.01%+26,640New
Brevan Howard Capital Management LP27,387$240.2K0.00%+27,387New
Wiley Bros.-Aintree Capital, LLC28,122$246.6K0.00%−4,510−13.8%Reduced
Fox Run Management, L.L.C.28,199$247.3K0.04%−20,738−42.4%Reduced
Janus Henderson Group PLC28,536$250.1K0.00%00.0%Unchanged
Illinois Municipal Retirement Fund29,217$256.2K0.00%−740−2.5%Reduced
XML Financial, LLC30,900$271.0K0.02%−6,500−17.4%Reduced
1776 Wealth LLC31,511$276.4K0.11%00.0%Unchanged
State of Alaska, Department of Revenue33,895$296.0K0.00%+1,913+6.0%Added
Teacher Retirement System of Texas35,063$307.5K0.00%+20,083+134.1%Added
MetLife Investment Management36,940$324.0K0.00%00.0%Unchanged
Ensign Peak Advisors, Inc38,672$339.2K0.00%−9,450−19.6%Reduced
Deutsche Bank AG39,527$346.7K0.00%−9,250−19.0%Reduced
Simplex Trading, LLC40,458$354.0K0.01%+25,682+173.8%Added
Thrivent Financial for Lutherans41,881$367.0K0.00%−515−1.2%Reduced
Advisor Group Holdings, Inc.42,277$370.8K0.00%−2,891−6.4%Reduced
Manufacturers Life Insurance Company, The43,885$384.9K0.00%+2,702+6.6%Added
Polymer Capital Management (US) LLC45,869$402.3K0.07%+45,869New