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, Q4 2025
Institutional positions in Chicago Atlantic Real Estate Finance, 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
- 101
- +5 vs. Q3 2025
- Shares held
- 6.56M
- −34.9K (−0.5%) vs. Q3 2025
- Total value
- $80.6M
- −$3.93M (−4.6%) vs. Q3 2025
- New holders
- 21
- 36 more added
- Sold out
- 16
- 31 more reduced
1 institution that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 2025: 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 100 | $74.5M |
| Q1 2026 | 100 | $71.9M |
| Q4 2025 | 101 | $80.6M |
| Q3 2025 | 97 | $84.9M |
| Q2 2025 | 95 | $88.3M |
| Q1 2025 | 109 | $97.0M |
| Q4 2024 | 103 | $112.0M |
| Q3 2024 | 98 | $97.0M |
| Q2 2024 | 90 | $87.0M |
| Q1 2024 | 89 | $87.8M |
| Q4 2023 | 81 | $74.8M |
| Q3 2023 | 73 | $67.6M |
| Q2 2023 | 72 | $65.2M |
| Q1 2023 | 64 | $49.0M |
| Q4 2022 | 49 | $52.9M |
| Q3 2022 | 46 | $39.9M |
| Q2 2022 | 41 | $36.4M |
| Q1 2022 | 41 | $35.0M |
| Q4 2021 | 20 | $30.8M |
| Q3 2021 | 0 | $0 |
| Q2 2021 | 0 | $0 |
| Q1 2021 | 0 | $0 |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Chicago Atlantic Real Estate Finance, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 1,440,771 | $17.7M | 0.00% | +24,130+1.7% | Added |
| Vanguard Group Inc | 942,423 | $11.6M | 0.00% | +1,426+0.2% | Added |
| Fielder Capital Group LLC | 832,168 | $10.2M | 2.17% | +22,743+2.8% | Added |
| State Street Corp | 528,226 | $6.72M | 0.00% | −4,302−0.8% | Reduced |
| Clayton Partners LLC | 211,000 | $2.59M | 1.87% | +73,037+52.9% | Added |
| CI Private Wealth, LLC | 202,801 | $2.49M | 0.00% | −19,332−8.7% | Reduced |
| Millennium Management LLC | 159,287 | $1.95M | 0.00% | −25,410−13.8% | Reduced |
| Northern Trust Corp | 135,700 | $1.66M | 0.00% | −6,258−4.4% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 130,114 | $1.60M | 0.00% | +8,168+6.7% | Added |
| Sage Mountain Advisors LLC | 121,400 | $1.49M | 0.08% | −42,408−25.9% | Reduced |
| CDC Financial, Inc. | 121,300 | $1.49M | 1.37% | +121,300 | New |
| Doliver Advisors, LP | 106,308 | $1.30M | 0.33% | +2,550+2.5% | Added |
| HighTower Advisors, LLC | 97,258 | $1.19M | 0.00% | +3,570+3.8% | Added |
| Penserra Capital Management LLC | 92,123 | $1.13M | 0.01% | +18,912+25.8% | Added |
| Advisor Group Holdings, Inc. | 84,478 | $1.04M | 0.00% | +862+1.0% | Added |
| Citadel Advisors LLC | 80,463 | $986.5K | 0.00% | +80,463 | New |
| Intrepid Capital Management Inc | 73,922 | $906.3K | 0.35% | −140,905−65.6% | Reduced |
| Jane Street Group, LLC | 60,954 | $747.3K | 0.00% | +60,954 | New |
| Renaissance Technologies LLC | 55,600 | $681.7K | 0.00% | −39,400−41.5% | Reduced |
| Charles Schwab Investment Management Inc | 54,896 | $673.0K | 0.00% | −74−0.1% | Reduced |
| Price T Rowe Associates Inc | 52,196 | $640.0K | 0.00% | +11,875+29.5% | Added |
| JPMorgan Chase & Co | 52,081 | $638.5K | 0.00% | +4,172+8.7% | Added |
| Commonwealth Equity Services, LLC | 49,895 | $611.7K | 0.00% | +897+1.8% | Added |
| Bank of New York Mellon Corp | 48,283 | $592.0K | 0.00% | +82+0.2% | Added |
| Quantinno Capital Management LP | 47,802 | $586.1K | 0.00% | +29,613+162.8% | Added |
| Qube Research & Technologies Ltd | 47,569 | $583.2K | 0.00% | +9,063+23.5% | Added |
| Morgan Stanley | 36,744 | $450.5K | 0.00% | −17,029−31.7% | Reduced |
| Perritt Capital Management Inc | 36,498 | $447.5K | 0.75% | +10,000+37.7% | Added |
| Sentinus, LLC | 36,498 | $447.5K | 0.04% | +36,498 | New |
| Magnus Financial Group LLC | 32,626 | $400.0K | 0.03% | −2,188−6.3% | Reduced |
| Invesco Ltd. | 30,833 | $378.0K | 0.00% | +4,700+18.0% | Added |
| Barclays PLC | 28,486 | $349.2K | 0.00% | +2,916+11.4% | Added |
| Quadrature Capital Ltd | 28,391 | $348.1K | 0.00% | −2,202−7.2% | Reduced |
| AdvisorShares Investments LLC | 25,533 | $313.0K | 0.05% | −700−2.7% | Reduced |
| AQR Capital Management LLC | 25,075 | $307.4K | 0.00% | −13,552−35.1% | Reduced |
| Brevan Howard Capital Management LP | 24,253 | $297.3K | 0.01% | +24,253 | New |
| United Advisor Group, LLC | 23,950 | $293.6K | 0.04% | −600−2.4% | Reduced |
| Rhumbline Advisers | 23,404 | $286.9K | 0.00% | −1,293−5.2% | Reduced |
| Nuveen, LLC | 22,675 | $278.0K | 0.00% | 00.0% | Unchanged |
| Manufacturers Life Insurance Company, The | 22,172 | $271.8K | 0.00% | −442−2.0% | Reduced |
| Geode Capital Management, LLC | 21,620 | $265.5K | 0.00% | +787+3.8% | Added |
| Alliancebernstein L.P. | 21,410 | $262.5K | 0.00% | 00.0% | Unchanged |
| Wells Fargo & Company | 20,352 | $249.5K | 0.00% | +6,433+46.2% | Added |
| Susquehanna International Group, LLP | 19,962 | $244.7K | 0.00% | +19,962 | New |
| Everett Harris & Co | 18,500 | $226.8K | 0.00% | 00.0% | Unchanged |
| AlTi Global, Inc. | 16,733 | $213.0K | 0.00% | +611+3.8% | Added |
| HRT Financial LP | 16,535 | $202.0K | 0.00% | +16,535 | New |
| FMR LLC | 15,760 | $193.2K | 0.00% | +9,486+151.2% | Added |
| Mercer Global Advisors Inc | 14,897 | $182.6K | 0.00% | +14,897 | New |
| Bank of America Corp | 13,495 | $165.4K | 0.00% | +6,657+97.4% | Added |
| Deutsche Bank AG | 12,954 | $158.8K | 0.00% | +3,397+35.5% | Added |
| Virtus Investment Advisers, Inc. | 12,585 | $154.3K | 0.04% | +12,585 | New |
| Odyssean, LLC | 11,987 | $147.0K | 0.11% | +11,987 | New |
| Citigroup Inc | 10,997 | $134.8K | 0.00% | −1,328−10.8% | Reduced |
| Two Sigma Investments, LP | 10,632 | $130.3K | 0.00% | −5,466−34.0% | Reduced |
| Vivaldi Capital Management, LLC | 10,095 | $123.8K | 0.02% | +10,095 | New |
| MetLife Investment Management | 9,960 | $122.1K | 0.00% | 00.0% | Unchanged |
| Eurizon Capital SGR S.p.A. | 8,534 | $108.6K | 0.00% | +8,534 | New |
| Mirae Asset Global ETFs Holdings Ltd. | 8,433 | $103.4K | 0.00% | +298+3.7% | Added |
| New York State Common Retirement Fund | 6,038 | $74.0K | 0.00% | 00.0% | Unchanged |
| UBS Group AG | 5,398 | $66.2K | 0.00% | −14,384−72.7% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 4,346 | $53.3K | 0.00% | 00.0% | Unchanged |
| Garton & Associates Financial Advisors LLC | 4,300 | $52.7K | 0.03% | +4,300 | New |
| BNP Paribas Arbitrage, SA | 4,126 | $50.6K | 0.00% | −720−14.9% | Reduced |
| STRS Ohio | 3,200 | $39.2K | 0.00% | 00.0% | Unchanged |
| Nisa Investment Advisors, LLC | 2,524 | $32.5K | 0.00% | −786−23.7% | Reduced |
| Geneos Wealth Management Inc. | 2,330 | $28.6K | 0.00% | 00.0% | Unchanged |
| Russell Investments Group, Ltd. | 2,230 | $27.3K | 0.00% | −4,313−65.9% | Reduced |
| Quest Partners LLC | 2,221 | $27.2K | 0.00% | +1,920+637.9% | Added |
| Tower Research Capital LLC (TRC) | 2,037 | $25.0K | 0.00% | +638+45.6% | Added |
| Legal & General Group Plc | 1,638 | $20.1K | 0.00% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 1,584 | $19.4K | 0.00% | +1,178+290.1% | Added |
| MAI Capital Management | 1,516 | $18.6K | 0.00% | +16+1.1% | Added |
| Ameritas Investment Partners, Inc. | 1,352 | $16.6K | 0.00% | 00.0% | Unchanged |
| CWM, LLC | 1,165 | $14.0K | 0.00% | −995−46.1% | Reduced |
| California State Teachers Retirement System | 1,116 | $13.7K | 0.00% | +35+3.2% | Added |
| Sterling Capital Management LLC | 1,046 | $12.8K | 0.00% | −206−16.5% | Reduced |
| Sunbelt Securities, Inc. | 879 | $10.8K | 0.00% | 00.0% | Unchanged |
| Amalgamated Bank | 570 | $7.00K | 0.00% | +11+2.0% | Added |
| Westside Investment Management, Inc. | 500 | $6.13K | 0.00% | 00.0% | Unchanged |
| Royal Bank of Canada | 516 | $6.00K | 0.00% | −2,596−83.4% | Reduced |
| Versant Capital Management, Inc | 473 | $5.80K | 0.00% | +344+266.7% | Added |
| Atlantic Union Bankshares Corp | 352 | $4.32K | 0.00% | 00.0% | Unchanged |
| North Star Investment Management Corp. | 342 | $4.19K | 0.00% | +342 | New |
| WealthCollab, LLC | 294 | $3.60K | 0.00% | +294 | New |
| Triumph Capital Management | 250 | $3.06K | 0.00% | +250 | New |
| Harbor Capital Advisors, Inc. | 211 | $3.00K | 0.00% | −4−1.9% | Reduced |
| UMA Financial Services, Inc. | 185 | $2.27K | 0.00% | +185 | New |
| IFP Advisors, Inc | 180 | $2.21K | 0.00% | −47−20.7% | Reduced |
| GAMMA Investing LLC | 160 | $1.96K | 0.00% | +23+16.8% | Added |
| Larson Financial Group LLC | 112 | $1.37K | 0.00% | −115−50.7% | Reduced |
| Group One Trading, L.P. | 100 | $1.23K | 0.00% | +100 | New |
| Covestor Ltd | 111 | $1.00K | 0.00% | +8+7.8% | Added |
| Ares Financial Consulting, LLC | 44 | $539 | 0.00% | +44 | New |
| EverSource Wealth Advisors, LLC | 40 | $491 | 0.00% | −4,493−99.1% | Reduced |
| Cornerstone Financial Management LLC | 39 | $478 | 0.00% | +39 | New |
| Allworth Financial LP | 34 | $417 | 0.00% | +16+88.9% | Added |
| Essential Partners LLC | 24 | $294 | 0.00% | −471−95.2% | Reduced |
| Rothschild Investment LLC | 10 | $123 | 0.00% | +8+400.0% | Added |
| Farther Finance Advisors, LLC | 4 | $49 | 0.00% | +4 | New |