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 2025
Institutional positions in KKR Real Estate Finance Trust Inc. as of Dec 31, 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
- 164
- −9 vs. Q3 2025
- Shares held
- 51.2M
- +1.48M (+3.0%) vs. Q3 2025
- Total value
- $422.0M
- −$25.9M (−5.8%) vs. Q3 2025
- New holders
- 19
- 49 more added
- Sold out
- 28
- 73 more reduced
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 154 | $350.8M |
| Q1 2026 | 169 | $311.7M |
| Q4 2025 | 164 | $422.0M |
| Q3 2025 | 173 | $448.0M |
| Q2 2025 | 170 | $429.9M |
| Q1 2025 | 178 | $545.4M |
| Q4 2024 | 171 | $513.0M |
| Q3 2024 | 172 | $635.3M |
| Q2 2024 | 150 | $454.5M |
| Q1 2024 | 155 | $522.4M |
| Q4 2023 | 160 | $668.2M |
| Q3 2023 | 155 | $590.7M |
| Q2 2023 | 155 | $614.9M |
| Q1 2023 | 166 | $605.3M |
| Q4 2022 | 167 | $743.2M |
| Q3 2022 | 170 | $857.2M |
| Q2 2022 | 177 | $901.8M |
| Q1 2022 | 174 | $1.11B |
| Q4 2021 | 168 | $1.01B |
| Q3 2021 | 146 | $967.5M |
| Q2 2021 | 137 | $990.2M |
| Q1 2021 | 128 | $891.5M |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding KKR Real Estate Finance Trust Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Kohlberg Kravis Roberts & Co. L.P. | 10,000,001 | $82.8M | 1.32% | 00.0% | Unchanged |
| BlackRock, Inc. | 9,214,099 | $75.7M | 0.00% | −179,956−1.9% | Reduced |
| Vanguard Group Inc | 3,703,329 | $30.4M | 0.00% | +31,674+0.9% | Added |
| Nan Shan Life Insurance Co., Ltd. | 3,060,384 | $25.2M | 0.77% | 00.0% | Unchanged |
| Nomura Holdings Inc | 2,726,787 | $22.4M | 0.06% | +2,147,656+370.8% | Added |
| State Street Corp | 2,171,890 | $18.4M | 0.00% | −37,975−1.7% | Reduced |
| Long Pond Capital, LP | 1,563,088 | $12.8M | 1.51% | −758,584−32.7% | Reduced |
| Geode Capital Management, LLC | 1,333,422 | $11.0M | 0.00% | −10,647−0.8% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 1,308,406 | $10.8M | 0.02% | +107,340+8.9% | Added |
| Nokomis Capital, L.L.C. | 1,091,820 | $8.97M | 2.50% | +629,982+136.4% | Added |
| Two Sigma Investments, LP | 1,005,224 | $8.26M | 0.01% | +916,385+1,031.5% | Added |
| Charles Schwab Investment Management Inc | 1,002,949 | $8.24M | 0.00% | +96,947+10.7% | Added |
| Invesco Ltd. | 684,228 | $5.62M | 0.00% | −461,688−40.3% | Reduced |
| Two Sigma Advisers, LP | 683,200 | $5.62M | 0.01% | +683,200 | New |
| Morgan Stanley | 634,797 | $5.22M | 0.00% | +24,445+4.0% | Added |
| Wellington Management Group LLP | 574,289 | $4.72M | 0.00% | +26,878+4.9% | Added |
| Northern Trust Corp | 526,881 | $4.33M | 0.00% | −107,944−17.0% | Reduced |
| Citadel Advisors LLC | 471,369 | $3.87M | 0.00% | −10,997−2.3% | Reduced |
| JPMorgan Chase & Co | 470,312 | $3.87M | 0.00% | −682,106−59.2% | Reduced |
| Van Eck Associates Corp | 432,353 | $3.55M | 0.00% | +73,058+20.3% | Added |
| Goldman Sachs Group Inc | 426,866 | $3.51M | 0.00% | +22,806+5.6% | Added |
| Condor Capital Management | 418,225 | $3.44M | 0.28% | +44,167+11.8% | Added |
| Jane Street Group, LLC | 356,231 | $2.93M | 0.00% | +308,920+653.0% | Added |
| Compass Rose Asset Management, LP | 335,000 | $2.75M | 0.89% | +335,000 | New |
| Bank of New York Mellon Corp | 305,691 | $2.51M | 0.00% | −17,105−5.3% | Reduced |
| Bank of America Corp | 297,001 | $2.44M | 0.00% | +14,381+5.1% | Added |
| FMR LLC | 292,398 | $2.40M | 0.00% | +50,134+20.7% | Added |
| BI Asset Management Fondsmaeglerselskab A/S | 287,061 | $2.36M | 0.02% | 00.0% | Unchanged |
| Prudential Financial Inc | 285,598 | $2.35M | 0.00% | −7,760−2.6% | Reduced |
| Principal Financial Group Inc | 259,096 | $2.13M | 0.00% | −4,380−1.7% | Reduced |
| Nuveen, LLC | 246,481 | $2.03M | 0.00% | −43,442−15.0% | Reduced |
| UBS Group AG | 222,451 | $1.83M | 0.00% | −36,124−14.0% | Reduced |
| GFS Advisors, LLC | 210,870 | $1.73M | 0.21% | −5,300−2.5% | Reduced |
| Beach Point Capital Management LP | 198,743 | $1.63M | 0.65% | +198,743 | New |
| Public Sector Pension Investment Board | 188,948 | $1.55M | 0.01% | −23,706−11.1% | Reduced |
| AQR Capital Management LLC | 171,674 | $1.41M | 0.00% | −206,140−54.6% | Reduced |
| Algert Global LLC | 170,626 | $1.40M | 0.02% | 00.0% | Unchanged |
| Wells Fargo & Company | 161,413 | $1.33M | 0.00% | −27,710−14.7% | Reduced |
| ExodusPoint Capital Management, LP | 154,658 | $1.27M | 0.01% | +130,782+547.8% | Added |
| Voya Investment Management LLC | 150,467 | $1.24M | 0.00% | −164,192−52.2% | Reduced |
| Legal & General Group Plc | 144,584 | $1.19M | 0.00% | −9,393−6.1% | Reduced |
| Penserra Capital Management LLC | 137,080 | $1.13M | 0.01% | +18,727+15.8% | Added |
| Rhumbline Advisers | 128,810 | $1.06M | 0.00% | −12,206−8.7% | Reduced |
| BNP Paribas Arbitrage, SA | 124,617 | $1.02M | 0.00% | +77,474+164.3% | Added |
| Stephens Inc | 119,239 | $980.1K | 0.01% | −148,419−55.5% | Reduced |
| Swiss National Bank | 111,500 | $916.5K | 0.00% | 00.0% | Unchanged |
| Stifel Financial Corp | 110,800 | $910.8K | 0.00% | +38,339+52.9% | Added |
| Ameriprise Financial Inc | 105,792 | $874.1K | 0.00% | −2,248−2.1% | Reduced |
| GP Brinson Investments LLC | 104,706 | $860.7K | 0.37% | 00.0% | Unchanged |
| LPL Financial LLC | 103,260 | $848.8K | 0.00% | −7,205−6.5% | Reduced |
| Cura Wealth Advisors, LLC | 100,672 | $827.5K | 0.31% | +1,976+2.0% | Added |
| Price T Rowe Associates Inc | 98,310 | $809.0K | 0.00% | −398,356−80.2% | Reduced |
| Barclays PLC | 87,750 | $721.3K | 0.00% | +5,635+6.9% | Added |
| Wedbush Securities Inc | 87,420 | $719.0K | 0.02% | +6,095+7.5% | Added |
| XTX Topco Ltd | 84,190 | $692.0K | 0.02% | +36,311+75.8% | Added |
| Raymond James Financial Inc | 83,377 | $685.4K | 0.00% | −7,557−8.3% | Reduced |
| Lido Advisors, LLC | 68,716 | $635.6K | 0.00% | 00.0% | Unchanged |
| Quantinno Capital Management LP | 63,946 | $525.6K | 0.00% | +21,243+49.7% | Added |
| Lighthouse Investment Partners, LLC | 58,821 | $483.5K | 0.02% | −28,951−33.0% | Reduced |
| Royal Bank of Canada | 55,210 | $453.0K | 0.00% | −21,513−28.0% | Reduced |
| California State Teachers Retirement System | 54,150 | $445.1K | 0.00% | −159−0.3% | Reduced |
| Intech Investment Management LLC | 52,148 | $428.7K | 0.00% | −3,045−5.5% | Reduced |
| Great West Life Assurance Co | 49,650 | $409.0K | 0.00% | 00.0% | Unchanged |
| Caxton Associates LLP | 45,265 | $372.1K | 0.01% | 00.0% | Unchanged |
| Westbourne Investments, Inc. | 43,900 | $360.9K | 0.17% | +25,900+143.9% | Added |
| Alliancebernstein L.P. | 40,500 | $332.9K | 0.00% | −15,110−27.2% | Reduced |
| Deutsche Bank AG | 39,939 | $328.3K | 0.00% | 00.0% | Unchanged |
| Manufacturers Life Insurance Company, The | 39,202 | $322.2K | 0.00% | −2,747−6.5% | Reduced |
| Thrivent Financial for Lutherans | 37,350 | $307.0K | 0.00% | −1,976−5.0% | Reduced |
| XML Financial, LLC | 36,300 | $298.4K | 0.02% | +7,350+25.4% | Added |
| Susquehanna International Group, LLP | 35,894 | $295.0K | 0.00% | +11,507+47.2% | Added |
| Advisor Group Holdings, Inc. | 33,027 | $271.5K | 0.00% | −12,479−27.4% | Reduced |
| Quest Partners LLC | 32,193 | $264.6K | 0.01% | +9,473+41.7% | Added |
| DRW Securities, LLC | 31,768 | $261.1K | 0.02% | +31,768 | New |
| Janus Henderson Group PLC | 28,536 | $234.7K | 0.00% | 00.0% | Unchanged |
| Illinois Municipal Retirement Fund | 28,527 | $234.5K | 0.00% | −990−3.4% | Reduced |
| Soltis Investment Advisors LLC | 28,361 | $233.1K | 0.02% | −20,091−41.5% | Reduced |
| MetLife Investment Management | 27,676 | $227.5K | 0.00% | −4,288−13.4% | Reduced |
| State of Alaska, Department of Revenue | 27,309 | $224.0K | 0.00% | −120−0.4% | Reduced |
| Whetstone Capital Advisors, LLC | 26,609 | $218.7K | 0.07% | +2,400+9.9% | Added |
| Louisiana State Employees Retirement System | 24,900 | $204.7K | 0.00% | −200−0.8% | Reduced |
| Graham Capital Management, L.P. | 24,723 | $203.2K | 0.01% | −29,070−54.0% | Reduced |
| 1832 Asset Management L.P. | 23,758 | $195.3K | 0.00% | −1,994−7.7% | Reduced |
| New York State Teachers Retirement System | 23,401 | $192.0K | 0.00% | 00.0% | Unchanged |
| Brevan Howard Capital Management LP | 23,292 | $191.5K | 0.00% | +23,292 | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 22,129 | $181.9K | 0.00% | 00.0% | Unchanged |
| Cerity Partners LLC | 21,048 | $173.0K | 0.00% | −6,480−23.5% | Reduced |
| Millennium Management LLC | 20,968 | $172.4K | 0.00% | −148,035−87.6% | Reduced |
| SG Americas Securities, LLC | 20,671 | $170.0K | 0.00% | +4,724+29.6% | Added |
| Abel Hall, LLC | 20,190 | $166.0K | 0.04% | −2,649−11.6% | Reduced |
| Guggenheim Capital LLC | 19,779 | $162.6K | 0.00% | +19,779 | New |
| Quadrature Capital Ltd | 19,642 | $161.5K | 0.00% | +1,011+5.4% | Added |
| State of Wisconsin Investment Board | 19,399 | $159.5K | 0.00% | +19,399 | New |
| Citigroup Inc | 18,128 | $149.0K | 0.00% | −1,660−8.4% | Reduced |
| Comerica Bank | 17,766 | $146.0K | 0.00% | −3,206−15.3% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 17,417 | $143.2K | 0.00% | +205+1.2% | Added |
| Fox Run Management, L.L.C. | 17,220 | $141.5K | 0.02% | +4,345+33.7% | Added |
| State of Tennessee, Treasury Department | 16,753 | $138.7K | 0.00% | −7,444−30.8% | Reduced |
| State Board of Administration of Florida Retirement System | 16,821 | $138.3K | 0.00% | 00.0% | Unchanged |
| Amalgamated Bank | 15,623 | $128.0K | 0.00% | −1,234−7.3% | Reduced |