KREF

KKR Real Estate Finance Trus Cross-source read
Real EstateCUSIP 48251K100

Among active 13F managers last quarter, 12 opened and 14 added, while 13 reduced; the largest holder to move was Long Pond Capital, LP (+1.4%). Over the last 180 days, 2 insiders bought and none sold, a net +$604K in open-market trades.

Tracked 13F holders
151
54 in Q2 2026 filings
13F value (tracked)
$216.9M
Smart-money readBullish
Net sellingNet buying
Funds · active managers, latest 13F
26 adding · 13 trimming
Insiders · Form 4 open-market, 180d
2 buying · 0 selling · +$604K
US House · STOCK Act, 180d
0 buying · 0 selling

Funds lean in and no leg opposes.

Who owns KREF?

151 tracked 13F filers · ranked by shares held

151 tracked 13F filers disclose a position in KREF as of the latest SEC 13F filings, a combined $216.9M in reported value. Holders and values reflect the 13F filers Arkolith currently tracks, not the entire institutional universe. Counts and totals are a floor, not the full institutional ownership.

#FundSharesPosition valueLast moveAs ofHistory
1Long Pond Capital, LP5.8M
$39.8M
+1.4%
Added · +80K sh
Q2 2026
2BlackRock, Inc.5.5M
$33.9M
−40%
Reduced · −3.7M sh
Q1 2026
3Vanguard Capital Management LLC2.3M
$14.2M
New filer
Inherited book · not a new buyer
Q1 2026
4Dimension Capital Management LLC1.6M
$10.9M
New
+1.6M sh
Q2 2026
5Millennium Management LLC1.5M
$9.0M
70×
Added · +1.5M sh
Q1 2026
6Conversant Capital LLC1.5M
$9.0M
New
+1.5M sh
Q1 2026
7Geode Capital Management, LLC1.4M
$9.6M
+6.4%
Added · +85K sh
Q2 2026
8State Street Corp1.2M
$8.2M
−7.7%
Reduced · −98K sh
Q2 2026
9Charles Schwab Investment Management Inc1.0M
$6.3M
+3.0%
Added · +30K sh
Q1 2026
10Two Sigma Investments, LP942K
$5.8M
−6.3%
Reduced · −63K sh
Q1 2026
11Morgan Stanley752K
$4.6M
+18%
Added · +117K sh
Q1 2026
12Prudential Financial Inc648K
$4.0M
+127%
Added · +362K sh
Q1 2026
13Goldman Sachs Group Inc641K
$3.9M
+50%
Added · +214K sh
Q1 2026
14Northern Trust Corp515K
$3.2M
−2.2%
Reduced · −12K sh
Q1 2026
15Van Eck Associates Corp468K
Withheld
+8.2%
Added · +35K sh
Q1 2026
16Qube Research & Technologies Ltd440K
$2.7M
New
+440K sh
Q1 2026
17Nokomis Capital, L.L.C.436K
$3.0M
−61%
Reduced · −684K sh
Q2 2026
18Vanguard Portfolio Management LLC410K
$2.5M
New filer
Inherited book · not a new buyer
Q1 2026
19Brooklyn Investment Group350K
$2.1M
New
+350K sh
Q1 2026
20Vanguard Fiduciary Trust Co345K
$2.1M
New filer
Inherited book · not a new buyer
Q1 2026
21Citadel Advisors LLC321K
$2.2M
−65%
Reduced · −594K sh
Q2 2026
22FMR LLC304K
$1.9M
+3.9%
Added · +11K sh
Q1 2026
23JPMorgan Chase & Co301K
$1.9M
−36%
Reduced · −169K sh
Q1 2026
24Jane Street Group, LLC299K
$1.8M
−16%
Reduced · −57K sh
Q1 2026
25D. E. Shaw & Co., Inc.293K
$1.8M
New
+293K sh
Q1 2026

Holders and values reflect the 13F filers Arkolith currently tracks, not the entire institutional universe. Counts and totals are a floor, not the full institutional ownership. 1 value row is withheld because the reported units disagree with same-security peers; share counts are unchanged.

Is KREF being bought or sold by institutions?

Last quarter, 12 funds opened a new position in KREF and 14 added to an existing one, while 13 reduced. Based on 13F filings from active, signal-eligible managers (passive index funds and other mechanical holders are excluded from this count).

Opened
12
funds took a first position
Added
14
added to an existing position
Reduced
13
reduced, still holding
Biggest moves · ranked by size of the change, positions above a floor

Funds that own KREF also own

CompanyCo-held byTheir position there
Nvidia CorpNVDA68 funds$221.3B
Amazon.com IncAMZN68 funds$107.3B
Meta Platforms Inc-Class AMETA67 funds$64.1B
Unitedhealth Group IncUNH67 funds$17.1B
Microsoft CorpMSFT66 funds$149.9B
Eli Lilly & CoLLY66 funds$45.4B
Visa Inc-Class A SharesV66 funds$35.0B
Alphabet Inc-CL AGOOGL65 funds$80.1B
Costco Wholesale CorpCOST65 funds$20.0B
Intuitive Surgical IncISRG65 funds$16.6B
Uber Technologies IncUBER65 funds$4.5B
Phillips 66PSX65 funds$3.7B

Ranked by how many of KREF's tracked holders also hold each name. The last column is those co-holders' combined reported position in that name, not in KREF.

Insider activity (Form 4)

Full insider page →
Buys · 180d
$604K
2 insiders
Net · 180d
$604K
2 open-market transactions
DateInsiderRoleActionSharesValue
Apr 24, 2026Salem Matthew AChief Executive Officer, DirectorBuy (P)60K$362K
Apr 24, 2026Mattson W PatrickPresident, COO and SecretaryBuy (P)40K$241K
Dec 3, 2025Rosenberg Ralph FDirectorSell (S)
2 lots, same day
251K$2.1M
Nov 7, 2025Lee Christen E.J.DirectorBuy (P)10K$78K
Nov 6, 2025Salem Matthew AChief Executive Officer, DirectorBuy (P)32K$251K
Nov 6, 2025Mattson W PatrickPresident and COOBuy (P)13K$103K
Nov 6, 2025Ahern Terrance RDirectorBuy (P)24K$185K
Feb 8, 2024Salem Matthew AChief Executive Officer, DirectorBuy (P)26K$253K
Feb 8, 2024Mattson W PatrickPresident and COOBuy (P)10K$97K
May 12, 2023Lee Christen E.J.DirectorBuy (P)10K$102K
May 1, 2023Mattson W PatrickPresident and COOBuy (P)8K$85K
Apr 27, 2023Salem Matthew AChief Executive Officer, DirectorBuy (P)25K$268K

One row per insider, day and transaction code; shares and value are summed across the lots. Every lot is on the full insider page and in the filing.

Do institutions, insiders and Congress agree?

Confluence: insiders and funds buying

Where institutional funds (13F), corporate insiders (Form 4) and US House members (STOCK Act) are buying or selling the same name in the same window. Green is buying, red is selling.

SEC EDGAR 13F + Form 4 + US House STOCK Act{ }get_ticker_confluence · API & MCP

Signals by source

Insiders and Congress: last 180 days. Funds: latest 13F, top 100 holders incl. passive

SourceBuyingSellingNet
13F funds
Top 100 holders by value, passive included; the hero counts active managers only
2836
Insiders
Form 4 open-market
20+$604K
US House
STOCK Act trades
00$0
Sector rotation
KREF is in Real Estate, which smart money is rotating OUT OF
$1.1B

Capital Rotation reports where institutional capital disclosed rotating, as of the latest public SEC 13F filings. It is data, not investment advice, a recommendation, or a prediction. Filings lag about 45 days and cover long US equity positions only. Past disclosed flows do not indicate future prices. Do your own research; consult a licensed advisor.

Institutional ownership over time

54 tracked filers in Q2 2026 filingsstill filing
075150Q3 2024Q1 2025Q3 2025Q1 2026Q2 2026
tracked filers holding their reported valueQ2 2026 filings so far: $39.2M
Each bar counts tracked filers with a position in that quarter's filings, so the newest bar excludes filers still on an earlier quarter. Arkolith's tracked universe has grown over this window; part of any long-run rise is coverage, not new buyers.

Recent filings

15 most recent

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Connected entities for KREF

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Ask your agent what changed in KREF

This stock page is the public Follow view. For one current, evidence-backed answer, use capital_change_brief through REST or MCP. It compares tracked 13F changes with qualifying Form 4 activity and cites the SEC evidence.

Copy-paste
curl -H "Authorization: Bearer YOUR_API_KEY" \
  "https://arkolith.com/api/v1/stocks/KREF/capital-change-brief"
Ask your agent
Use Arkolith's capital_change_brief for KREF.
Tell me what changed, whether insider activity
corroborates it, and cite the SEC evidence.

13F holdings + Form 4 insider transactions + the live filing stream, joined for KREF. Filings are public domain, sourced to SEC EDGAR.