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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, Q1 2026

Institutional positions in KKR Real Estate Finance Trust Inc. as of Mar 31, 2026. 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
169
+8 vs. Q4 2025
Shares held
50.2M
+2.76M (+5.8%) vs. Q4 2025
Total value
$308.0M
−$83.5M (−21.3%) vs. Q4 2025
New holders
46
50 more added
Sold out
38
55 more reduced

3 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 169 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 heldQ1 2026: $308.0M
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, Q1 2026

Shares, value and share of portfolio for each institution holding KKR Real Estate Finance Trust Inc.; share changes are against Q4 2025.

Institutions holding KREF in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Deutsche Bank AG19,166$117.3K0.00%−20,773−52.0%Reduced
Franklin Resources Inc19,158$117.2K0.00%+4,456+30.3%Added
Able Wealth Management LLC18,278$111.9K0.03%+18,278New
Westbourne Investments, Inc.18,000$110.2K0.05%−25,900−59.0%Reduced
Police & Firemen's Retirement System of New Jersey17,417$106.6K0.00%00.0%Unchanged
State Board of Administration of Florida Retirement System16,821$102.9K0.00%00.0%Unchanged
Lighthouse Investment Partners, LLC15,760$96.5K0.00%−43,061−73.2%Reduced
Nisa Investment Advisors, LLC15,019$96.3K0.00%+7,213+92.4%Added
Arizona State Retirement System15,311$93.7K0.00%−176−1.1%Reduced
Aigen Investment Management, LP14,661$89.7K0.02%+14,661New
Daymark Wealth Partners, LLC14,545$89.0K0.00%+14,545New
Parallel Advisors, LLC13,838$84.7K0.00%+6,630+92.0%Added
State of Tennessee, Treasury Department13,117$80.3K0.00%−3,636−21.7%Reduced
New York State Common Retirement Fund13,037$79.8K0.00%00.0%Unchanged
Intech Investment Management LLC12,976$79.4K0.00%−39,172−75.1%Reduced
Soltis Investment Advisors LLC12,689$77.7K0.01%−15,672−55.3%Reduced
Vanguard Investments Australia, Ltd.12,314$75.4K0.00%+12,314New
KLP Kapitalforvaltning AS11,900$75.4K0.00%00.0%Unchanged
Creative Planning12,275$75.1K0.00%+12,275New
Resonant Capital Advisors, LLC11,269$71.8K0.00%+11,269New
Quotient Wealth Partners, LLC11,723$71.7K0.00%+11,723New
Hantz Financial Services, Inc.11,580$71.0K0.00%+8,481+273.7%Added
International Assets Investment Management, LLC11,500$69.1K0.00%+9,750+557.1%Added
Occidental Asset Management, LLC10,953$67.0K0.01%+10,953New
GAMMA Investing LLC10,724$65.6K0.00%+8,833+467.1%Added
IMC-Chicago, LLC10,309$63.1K0.00%+10,309New
STRS Ohio9,700$59.4K0.00%00.0%Unchanged
Russell Investments Group, Ltd.8,189$50.1K0.00%−4,766−36.8%Reduced
Great West Life Assurance Co7,613$47.0K0.00%−42,037−84.7%Reduced
The PNC Financial Services Group, Inc.7,236$44.3K0.00%+3,699+104.6%Added
Wall Street Access Asset Management, LLC6,882$42.1K0.01%+143+2.1%Added
Fifth Third Bancorp6,100$37.3K0.00%+5,994+5,654.7%Added
Tower Research Capital LLC (TRC)5,618$34.4K0.00%+1,886+50.5%Added
Allworth Financial LP5,218$31.9K0.00%+986+23.3%Added
Ameritas Investment Partners, Inc.4,773$29.2K0.00%00.0%Unchanged
BNP PARIBAS ASSET MANAGEMENT Holding S.A.4,225$25.9K0.00%+2,224+111.1%Added
Farther Finance Advisors, LLC3,754$22.6K0.00%+3,701+6,983.0%Added
CWM, LLC2,993$18.3K0.00%−6,539−68.6%Reduced
Public Employees Retirement System of Ohio2,698$16.5K0.00%+413+18.1%Added
Geneos Wealth Management Inc.2,000$12.2K0.00%−2,450−55.1%Reduced
Sterling Capital Management LLC1,828$11.2K0.00%−1,277−41.1%Reduced
Larson Financial Group LLC1,500$9.18K0.00%00.0%Unchanged
Signaturefd, LLC1,007$6.16K0.00%+1,007New
Chilton Capital Management LLC1,000$6.12K0.00%00.0%Unchanged
Bessemer Group Inc909$6.00K0.00%+415+84.0%Added
Pinnacle Wealth Planning Services, Inc.896$5.48K0.00%+825+1,162.0%Added
Transce3nd, LLC823$5.04K0.04%−108−11.6%Reduced
Massmutual Trust Co FSB520$3.18K0.00%+459+752.5%Added
Chung Wu Investment Group, LLC500$3.06K0.00%00.0%Unchanged
Twin Peaks Wealth Advisors, LLC486$2.97K0.00%+486New
Triumph Capital Management450$2.87K0.00%00.0%Unchanged
Versant Capital Management, Inc445$2.72K0.00%−5,890−93.0%Reduced
MAI Capital Management351$2.15K0.00%+285+431.8%Added
Rothschild Investment LLC340$2.08K0.00%+242+246.9%Added
Root Financial Partners, LLC303$1.85K0.00%+303New
EverSource Wealth Advisors, LLC297$1.82K0.00%−1,045−77.9%Reduced
Los Angeles Capital Management LLC295$1.80K0.00%00.0%Unchanged
Essential Partners LLC291$1.78K0.00%+261+870.0%Added
Zions Bancorporation, National Association247$1.51K0.00%+247New
Parkside Financial Bank & Trust190$1.16K0.00%+190New
Covestor Ltd108$1.00K0.00%+26+31.7%Added
US Bancorp127$7770.00%−220−63.4%Reduced
LRI Investments, LLC98$6000.00%+98New
Caitong International Asset Management Co., Ltd90$5510.00%+90New
Advisory Services Network, LLC87$5330.00%+87New
Jones Financial Companies LLLP76$4640.00%+76New
Umb Bank N A38$2330.00%−373−90.8%Reduced
UBS Asset Management Americas Inc23$1410.00%−21−47.7%Reduced
Huntington National Bank1$60.00%00.0%Unchanged
Nan Shan Life Insurance Co., Ltd.0$00.00%−3,060,384−100.0%Sold out
Two Sigma Advisers, LP0$00.00%−683,200−100.0%Sold out
Wellington Management Group LLP0$00.00%−574,289−100.0%Sold out
Compass Rose Asset Management, LP0$00.00%−335,000−100.0%Sold out
Principal Financial Group Inc0$00.00%−259,096−100.0%Sold out
Public Sector Pension Investment Board0$00.00%−188,948−100.0%Sold out
GP Brinson Investments LLC0$00.00%−104,706−100.0%Sold out
Thrivent Financial for Lutherans0$00.00%−37,350−100.0%Sold out
Quest Partners LLC0$00.00%−32,193−100.0%Sold out
DRW Securities, LLC0$00.00%−31,768−100.0%Sold out
Illinois Municipal Retirement Fund0$00.00%−28,527−100.0%Sold out
State of Alaska, Department of Revenue0$00.00%−27,309−100.0%Sold out
Louisiana State Employees Retirement System0$00.00%−24,900−100.0%Sold out
New York State Teachers Retirement System0$00.00%−23,401−100.0%Sold out
SG Americas Securities, LLC0$00.00%−20,671−100.0%Sold out
Guggenheim Capital LLC0$00.00%−19,779−100.0%Sold out
Quadrature Capital Ltd0$00.00%−19,642−100.0%Sold out
State of Wisconsin Investment Board0$00.00%−19,399−100.0%Sold out
Amalgamated Bank0$00.00%−15,623−100.0%Sold out
Yousif Capital Management, LLC0$00.00%−14,708−100.0%Sold out
Teachers Retirement System of the State of Kentucky0$00.00%−13,813−100.0%Sold out
Commonwealth of Pennsylvania Public School Empls Retrmt Sys0$00.00%−13,457−100.0%Sold out
Verition Fund Management LLC0$00.00%−12,700−100.0%Sold out
Oregon Public Employees Retirement Fund0$00.00%−12,443−100.0%Sold out
Victory Capital Management Inc0$00.00%−11,308−100.0%Sold out
ProShare Advisors LLC0$00.00%−10,714−100.0%Sold out
Kestra Advisory Services, LLC0$00.00%−8,739−100.0%Sold out
Kemnay Advisory Services Inc.0$00.00%−835−100.0%Sold out
Quarry LP0$00.00%−400−100.0%Sold out
Salomon & Ludwin, LLC0$00.00%−279−100.0%Sold out
IFP Advisors, Inc0$00.00%−242−100.0%Sold out