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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, Q3 2025

Institutional positions in KKR Real Estate Finance Trust Inc. as of Sep 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
173
+4 vs. Q2 2025
Shares held
49.1M
+322.2K (+0.7%) vs. Q2 2025
Total value
$442.8M
+$14.1M (+3.3%) vs. Q2 2025
New holders
26
57 more added
Sold out
22
67 more reduced

1 institution that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 173 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 heldQ3 2025: $442.8M
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, Q3 2025

Shares, value and share of portfolio for each institution holding KKR Real Estate Finance Trust Inc.; share changes are against Q2 2025.

Institutions holding KREF in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Covestor Ltd9$00.00%−1−10.0%Reduced
Huntington National Bank1$90.00%00.0%Unchanged
Atlantic Trust, LLC24$2160.00%00.0%Unchanged
Farther Finance Advisors, LLC33$2970.00%−207−86.3%Reduced
Farmers & Merchants Investments Inc40$3600.00%00.0%Unchanged
Smartleaf Asset Management LLC40$3660.00%00.0%Unchanged
Clearstead Advisors, LLC51$4590.00%+30+142.9%Added
Massmutual Trust Co FSB61$5490.00%−44−41.9%Reduced
Parkside Financial Bank & Trust67$6030.00%00.0%Unchanged
Salomon & Ludwin, LLC83$7510.00%+83New
Simplex Trading, LLC137$1.00K0.00%−40,321−99.7%Reduced
Bessemer Group Inc110$1.00K0.00%−41−27.2%Reduced
Quadrant Capital Group LLC134$1.21K0.00%+134New
Umb Bank N A137$1.23K0.00%−50−26.7%Reduced
True Wealth Design, LLC207$1.86K0.00%+194+1,492.3%Added
Rothschild Investment LLC213$1.92K0.00%+3+1.4%Added
Rockefeller Capital Management L.P.215$1.94K0.00%+215New
Vermillion Wealth Management, Inc.326$2.93K0.00%+326New
MAI Capital Management358$3.22K0.00%−200−35.8%Reduced
Fifth Third Bancorp401$3.61K0.00%+106+35.9%Added
US Bancorp408$3.67K0.00%+178+77.4%Added
Advisory Services Network, LLC415$3.74K0.00%+415New
GAMMA Investing LLC425$3.83K0.00%−146−25.6%Reduced
IFP Advisors, Inc487$4.38K0.00%−918−65.3%Reduced
Chung Wu Investment Group, LLC500$4.50K0.00%00.0%Unchanged
Chilton Capital Management LLC1,000$9.00K0.00%00.0%Unchanged
Hantz Financial Services, Inc.998$9.00K0.00%+752+305.7%Added
Transce3nd, LLC982$10.6K0.09%−67,629−98.6%Reduced
GHP Investment Advisors, Inc.1,196$10.8K0.00%+1,196New
BNP PARIBAS ASSET MANAGEMENT Holding S.A.1,270$11.0K0.00%00.0%Unchanged
The PNC Financial Services Group, Inc.1,271$11.4K0.00%+398+45.6%Added
Steward Partners Investment Advisory, LLC1,476$13.3K0.00%−293,035−99.5%Reduced
Future Financial Wealth Managment LLC2,000$18.0K0.01%00.0%Unchanged
Essential Partners LLC2,003$18.0K0.01%+1,580+373.5%Added
Public Employees Retirement System of Ohio2,179$19.6K0.00%+131+6.4%Added
Tower Research Capital LLC (TRC)2,604$23.4K0.00%−3,128−54.6%Reduced
Larson Financial Group LLC2,793$25.1K0.00%+1,190+74.2%Added
EverSource Wealth Advisors, LLC3,339$30.1K0.00%−812−19.6%Reduced
Ensign Peak Advisors, Inc3,872$34.8K0.00%−34,800−90.0%Reduced
Sterling Capital Management LLC3,942$35.5K0.00%+2,400+155.6%Added
Versant Capital Management, Inc4,047$36.4K0.00%−110−2.6%Reduced
Geneos Wealth Management Inc.4,450$40.0K0.00%+1,000+29.0%Added
Allworth Financial LP4,669$42.0K0.00%+304+7.0%Added
Ameritas Investment Partners, Inc.4,773$43.0K0.00%−1,083−18.5%Reduced
Cloud Capital Management, LLC5,264$48.0K0.03%+5,264New
Russell Investments Group, Ltd.6,851$61.7K0.00%+5,995+700.4%Added
Parallel Advisors, LLC7,009$63.1K0.00%+7,000+77,777.8%Added
Nisa Investment Advisors, LLC9,202$85.6K0.00%−1,621−15.0%Reduced
KLP Kapitalforvaltning AS9,300$85.7K0.00%00.0%Unchanged
Wiley Bros.-Aintree Capital, LLC10,330$93.0K0.00%−17,792−63.3%Reduced
Victory Capital Management Inc10,342$93.1K0.00%−961−8.5%Reduced
Aigen Investment Management, LP10,514$94.6K0.01%+10,514New
ProShare Advisors LLC10,715$96.4K0.00%−2,032−15.9%Reduced
STRS Ohio11,400$102.6K0.00%00.0%Unchanged
Oregon Public Employees Retirement Fund12,243$110.2K0.00%−800−6.1%Reduced
Fox Run Management, L.L.C.12,875$115.9K0.02%−15,324−54.3%Reduced
Verition Fund Management LLC13,018$117.2K0.00%−3,498−21.2%Reduced
New York State Common Retirement Fund13,037$117.3K0.00%00.0%Unchanged
Commonwealth of Pennsylvania Public School Empls Retrmt Sys13,882$124.9K0.00%−741−5.1%Reduced
Wealth Enhancement Advisory Services, LLC14,602$126.0K0.00%+14,602New
Franklin Resources Inc14,903$134.1K0.00%+14,903New
SG Americas Securities, LLC15,947$144.0K0.00%+15,947New
Westbourne Investments, Inc.18,000$146.5K0.07%+3,000+20.0%Added
Teachers Retirement System of the State of Kentucky16,262$147.0K0.00%−2,584−13.7%Reduced
State Board of Administration of Florida Retirement System16,821$151.4K0.00%00.0%Unchanged
Mercer Global Advisors Inc16,837$151.5K0.00%+16,837New
Amalgamated Bank16,857$152.0K0.00%+563+3.5%Added
Yousif Capital Management, LLC16,969$152.7K0.00%−4,599−21.3%Reduced
Arizona State Retirement System17,056$153.5K0.00%+10+0.1%Added
Police & Firemen's Retirement System of New Jersey17,212$154.9K0.00%+3,746+27.8%Added
Inceptionr LLC17,674$159.1K0.04%+17,674New
Creative Planning18,341$165.1K0.00%+6,065+49.4%Added
Quadrature Capital Ltd18,631$168.1K0.00%+18,631New
Citigroup Inc19,788$178.1K0.00%−34,369−63.5%Reduced
CWM, LLC20,575$185.0K0.00%+9,129+79.8%Added
Comerica Bank20,972$188.7K0.00%−4,599−18.0%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)22,129$199.2K0.00%00.0%Unchanged
Quest Partners LLC22,720$204.5K0.01%+2,355+11.6%Added
Abel Hall, LLC22,839$205.6K0.08%−242−1.0%Reduced
New York State Teachers Retirement System23,401$211.0K0.00%00.0%Unchanged
ExodusPoint Capital Management, LP23,876$214.9K0.00%+23,876New
State of Tennessee, Treasury Department24,197$217.8K0.00%+1,389+6.1%Added
Whetstone Capital Advisors, LLC24,209$217.9K0.06%+3,813+18.7%Added
SRS Capital Advisors, Inc.24,230$218.1K0.00%+24,230New
Susquehanna International Group, LLP24,387$219.5K0.00%−58,833−70.7%Reduced
Mariner, LLC24,942$224.5K0.00%+13,772+123.3%Added
Louisiana State Employees Retirement System25,100$225.9K0.00%−1,500−5.6%Reduced
1832 Asset Management L.P.25,752$231.8K0.00%−39,248−60.4%Reduced
Drive Wealth Management, LLC25,141$232.6K0.05%−94,460−79.0%Reduced
State of Alaska, Department of Revenue27,429$246.0K0.00%−6,466−19.1%Reduced
Cerity Partners LLC27,528$247.8K0.00%+4,544+19.8%Added
Janus Henderson Group PLC28,536$257.3K0.00%00.0%Unchanged
XML Financial, LLC28,950$260.6K0.02%−1,950−6.3%Reduced
Illinois Municipal Retirement Fund29,517$265.7K0.00%+300+1.0%Added
FourThought Financial Partners, LLC31,326$281.9K0.02%+31,326New
1776 Wealth LLC31,511$283.6K0.11%00.0%Unchanged
MetLife Investment Management31,964$287.7K0.00%−4,976−13.5%Reduced
Thrivent Financial for Lutherans39,326$354.0K0.00%−2,555−6.1%Reduced
Deutsche Bank AG39,939$359.5K0.00%+412+1.0%Added
Manufacturers Life Insurance Company, The41,949$377.5K0.00%−1,936−4.4%Reduced