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Chicago Atlantic Real Estate Finance, Inc.

REFI
Exchange
Nasdaq
Industry
Real Estate Investment Trusts
SEC CIK
0001867949

In the last 90 days, Chicago Atlantic Real Estate Finance, Inc. insiders filed 5 open-market purchases and 0 sales; 100 institutions reported holding it in 13F filings for Q2 2026, worth $74.5M in total; no superinvestor holds it.

13F holders, Q1 2025

Institutional positions in Chicago Atlantic Real Estate Finance, Inc. as of Mar 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
109
+7 vs. Q4 2024
Shares held
6.59M
−618.7K (−8.6%) vs. Q4 2024
Total value
$97.0M
−$14.5M (−13.0%) vs. Q4 2024
New holders
19
32 more added
Sold out
12
36 more reduced

1 institution that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting REFI 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 2025: 109 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 20 institutionsQ1 2022: 41 institutionsQ2 2022: 41 institutionsQ3 2022: 46 institutionsQ4 2022: 49 institutionsQ1 2023: 64 institutionsQ2 2023: 72 institutionsQ3 2023: 73 institutionsQ4 2023: 81 institutionsQ1 2024: 89 institutionsQ2 2024: 90 institutionsQ3 2024: 98 institutionsQ4 2024: 103 institutionsQ1 2025: 109 institutionsQ2 2025: 95 institutionsQ3 2025: 97 institutionsQ4 2025: 101 institutionsQ1 2026: 100 institutionsQ2 2026: 100 institutions
Value heldQ1 2025: $97.0M
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $30.8MQ1 2022: $35.0MQ2 2022: $36.4MQ3 2022: $39.9MQ4 2022: $52.9MQ1 2023: $49.0MQ2 2023: $65.2MQ3 2023: $67.6MQ4 2023: $74.8MQ1 2024: $87.8MQ2 2024: $87.0MQ3 2024: $97.0MQ4 2024: $112.0MQ1 2025: $97.0MQ2 2025: $88.3MQ3 2025: $84.9MQ4 2025: $80.6MQ1 2026: $71.9MQ2 2026: $74.5M
Institutions holding REFI and their total value by quarter
QuarterHoldersValue
Q2 2026100$74.5M
Q1 2026100$71.9M
Q4 2025101$80.6M
Q3 202597$84.9M
Q2 202595$88.3M
Q1 2025109$97.0M
Q4 2024103$112.0M
Q3 202498$97.0M
Q2 202490$87.0M
Q1 202489$87.8M
Q4 202381$74.8M
Q3 202373$67.6M
Q2 202372$65.2M
Q1 202364$49.0M
Q4 202249$52.9M
Q3 202246$39.9M
Q2 202241$36.4M
Q1 202241$35.0M
Q4 202120$30.8M
Q3 20210$0
Q2 20210$0
Q1 20210$0

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding Chicago Atlantic Real Estate Finance, Inc.; share changes are against Q4 2024.

Institutions holding REFI in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.1,512,530$22.2M0.00%+72,382+5.0%Added
Vanguard Group Inc904,425$13.3M0.00%−470−0.1%Reduced
Fielder Capital Group LLC751,620$11.0M3.19%+77,334+11.5%Added
State Street Corp484,788$7.34M0.00%−43,486−8.2%Reduced
CI Private Wealth, LLC240,051$3.53M0.01%+138+0.1%Added
Intrepid Capital Management Inc215,712$3.17M1.54%−495,415−69.7%Reduced
Sage Mountain Advisors LLC155,408$2.28M0.17%+32,476+26.4%Added
Two Sigma Advisers, LP152,300$2.24M0.01%−16,800−9.9%Reduced
Northern Trust Corp142,617$2.10M0.00%−7,187−4.8%Reduced
Two Sigma Investments, LP142,199$2.09M0.00%+13,461+10.5%Added
Connor, Clark & Lunn Investment Management Ltd.114,198$1.68M0.01%+53,498+88.1%Added
Allspring Global Investments Holdings, LLC112,573$1.65M0.00%−8,003−6.6%Reduced
Renaissance Technologies LLC83,200$1.22M0.00%−4,486−5.1%Reduced
HighTower Advisors, LLC81,929$1.20M0.00%+3,363+4.3%Added
AdvisorShares Investments LLC76,811$1.14M0.22%00.0%Unchanged
Deutsche Bank AG75,439$1.11M0.00%+65,882+689.4%Added
Penserra Capital Management LLC69,663$1.02M0.02%−17,017−19.6%Reduced
Morgan Stanley61,674$906.6K0.00%−6,211−9.1%Reduced
Charles Schwab Investment Management Inc51,395$755.5K0.00%+63+0.1%Added
Perritt Capital Management Inc51,383$755.3K0.42%−2,730−5.0%Reduced
Commonwealth Equity Services, LLC46,606$685.0K0.00%+1,947+4.4%Added
Doliver Advisors, LP46,188$679.0K0.19%+18,750+68.3%Added
Bank of New York Mellon Corp45,719$672.1K0.00%+629+1.4%Added
Susquehanna International Group, LLP43,625$641.3K0.00%+31,884+271.6%Added
Price T Rowe Associates Inc38,576$568.0K0.00%+1,116+3.0%Added
Nuveen, LLC36,099$530.7K0.00%+36,099New
Magnus Financial Group LLC35,426$520.8K0.05%+2,464+7.5%Added
Arrowstreet Capital, Limited Partnership34,971$514.1K0.00%+34,971New
JPMorgan Chase & Co34,882$512.8K0.00%−30,583−46.7%Reduced
Gladstone Institutional Advisory LLC32,435$476.8K0.02%00.0%Unchanged
PBMares Wealth Management LLC30,810$452.9K0.09%00.0%Unchanged
Toroso Investments, LLC30,659$450.7K0.00%−459,267−93.7%Reduced
ExodusPoint Capital Management, LP28,348$417.0K0.01%+28,348New
Qube Research & Technologies Ltd26,826$394.3K0.00%+26,826New
Everett Harris & Co24,500$360.1K0.00%00.0%Unchanged
Rhumbline Advisers23,520$345.7K0.00%−1,039−4.2%Reduced
Atom Investors LP23,030$338.5K0.04%−1,069−4.4%Reduced
Manufacturers Life Insurance Company, The22,244$327.0K0.00%−127−0.6%Reduced
Mariner, LLC21,313$313.3K0.00%−1,665−7.2%Reduced
Savant Capital, LLC20,144$296.1K0.00%−568−2.7%Reduced
Citigroup Inc20,019$294.3K0.00%+1,355+7.3%Added
Nisa Investment Advisors, LLC18,691$284.0K0.00%+13,511+260.8%Added
Martingale Asset Management L P19,241$282.8K0.01%+901+4.9%Added
Barclays PLC17,483$257.0K0.00%−8,644−33.1%Reduced
Geode Capital Management, LLC16,921$249.4K0.00%+3,939+30.3%Added
Mission Financial Group, LLC20,984$237.5K0.22%+20,984New
Bank of America Corp15,645$230.0K0.00%−122−0.8%Reduced
AlTi Global, Inc.15,058$228.4K0.01%+453+3.1%Added
TownSquare Capital, LLC14,072$206.9K0.00%−5,575−28.4%Reduced
Ariadne Wealth Management, LP13,743$205.7K0.11%+13,743New
State of Wyoming13,883$204.1K0.03%+13,883New
Royal Bank of Canada13,616$200.0K0.00%−1,072−7.3%Reduced
Alliancebernstein L.P.13,210$194.2K0.00%−1,730−11.6%Reduced
Jane Street Group, LLC12,621$185.5K0.00%+12,621New
Invesco Ltd.12,618$185.5K0.00%+12,618New
Ascent Group, LLC12,587$185.0K0.01%+12,587New
SlateStone Wealth, LLC12,416$183.0K0.02%00.0%Unchanged
HB Wealth Management, LLC12,418$182.5K0.00%00.0%Unchanged
Franklin Resources Inc12,236$179.9K0.00%+12,236New
Intech Investment Management LLC11,963$175.9K0.00%+11,963New
UBS Group AG11,706$172.1K0.00%−2,194−15.8%Reduced
Dumont & Blake Investment Advisors LLC11,217$164.9K0.05%00.0%Unchanged
Brinker Capital Investments, LLC10,843$159.4K0.00%−14,325−56.9%Reduced
Orion Portfolio Solutions, LLC10,843$159.4K0.00%−14,325−56.9%Reduced
Advisor Group Holdings, Inc.10,486$154.1K0.00%+4,393+72.1%Added
Wells Fargo & Company10,426$153.3K0.00%+232+2.3%Added
Mirae Asset Global ETFs Holdings Ltd.10,208$150.1K0.00%+468+4.8%Added
MetLife Investment Management9,960$146.4K0.00%00.0%Unchanged
Corebridge Financial, Inc.8,510$125.1K0.00%−126−1.5%Reduced
Quantbot Technologies LP7,428$109.2K0.00%+4,797+182.3%Added
SG Americas Securities, LLC7,349$108.0K0.00%−390−5.0%Reduced
New York State Common Retirement Fund6,038$88.8K0.00%00.0%Unchanged
Coldstream Capital Management Inc4,986$73.3K0.00%+4,986New
BNP Paribas Arbitrage, SA4,948$72.7K0.00%−633−11.3%Reduced
Legal & General Group Plc4,384$64.4K0.00%00.0%Unchanged
Police & Firemen's Retirement System of New Jersey4,346$63.9K0.00%00.0%Unchanged
Lindbrook Capital, LLC3,305$48.6K0.00%−2,540−43.5%Reduced
STRS Ohio3,200$47.0K0.00%00.0%Unchanged
Larson Financial Group LLC2,920$42.9K0.00%+2,129+269.2%Added
Russell Investments Group, Ltd.2,749$40.4K0.00%−572−17.2%Reduced
Geneos Wealth Management Inc.2,330$34.3K0.00%+330+16.5%Added
FMR LLC1,825$26.8K0.00%+290+18.9%Added
MAI Capital Management1,500$22.1K0.00%00.0%Unchanged
Ameritas Investment Partners, Inc.1,352$19.9K0.00%00.0%Unchanged
California State Teachers Retirement System1,292$19.0K0.00%00.0%Unchanged
Group One Trading, L.P.1,000$14.7K0.00%+1,000New
Parallel Advisors, LLC840$12.3K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)619$9.10K0.00%−2,048−76.8%Reduced
GAMMA Investing LLC616$9.05K0.00%+315+104.7%Added
Citadel Advisors LLC597$8.78K0.00%−5,905−90.8%Reduced
Amalgamated Bank559$8.00K0.00%00.0%Unchanged
Farther Finance Advisors, LLC530$7.84K0.00%+41+8.4%Added
Westside Investment Management, Inc.500$7.35K0.00%00.0%Unchanged
Federation des caisses Desjardins du Quebec500$7.35K0.00%00.0%Unchanged
Capital Advisors, Ltd. LLC458$7.00K0.00%−81−15.0%Reduced
Sterling Capital Management LLC300$4.41K0.00%−243−44.8%Reduced
Quest Partners LLC300$4.41K0.00%+300New
Fortitude Family Office, LLC249$3.66K0.00%00.0%Unchanged
Huntington National Bank230$3.38K0.00%00.0%Unchanged
EverSource Wealth Advisors, LLC214$3.15K0.00%+194+970.0%Added