REFI

Chicago Atlantic Real Estate Cross-source read
Real EstateUSCUSIP 167239102

Among active 13F managers last quarter, 8 opened and 17 added, while 12 reduced; the largest holder to move was Fielder Capital Group LLC (+2.3%). Over the last 180 days, 3 insiders bought and none sold, a net +$1.3M in open-market trades.

Tracked 13F holders
97
42 in Q2 2026 filings
13F value (tracked)
$68.6M
13F moves · latest Q
25 added
12 reduced
Insider net · 180d
$1.3M
3 buying · 0 selling
Smart-money sentimentBullish
Net sellingNet buying

25 adding vs 12 trimming; insiders net bought $1.3M.

Who owns REFI?

97 tracked 13F filers · ranked by shares held

97 tracked 13F filers disclose a position in REFI as of the latest SEC 13F filings, a combined $68.6M 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
1BlackRock, Inc.1.4M
$16.1M
−1.1%
Reduced · −15K sh
Q1 2026
2Fielder Capital Group LLC982K
$10.5M
+2.3%
Added · +22K sh
Q2 2026
3Vanguard Capital Management LLC728K
$8.2M
New filer
Inherited book · not a new buyer
Q1 2026
4State Street Corp499K
$5.6M
−2.2%
Reduced · −11K sh
Q2 2026
5Van Eck Associates Corp236K
Withheld
New
+236K sh
Q1 2026
6Segall Bryant & Hamill, LLC189K
$2.0M
New
+189K sh
Q2 2026
7Corient Private Wealth LP156K
$1.8M
−23%
Reduced · −47K sh
Q1 2026
8Clayton Partners LLC155K
$1.7M
+3.3%
Added · +5K sh
Q2 2026
9CDC Financial, Inc.142K
$1.6M
+17%
Added · +20K sh
Q1 2026
10Northern Trust Corp141K
$1.6M
+4.3%
Added · +6K sh
Q1 2026
11Vanguard Fiduciary Trust Co114K
$1.3M
New filer
Inherited book · not a new buyer
Q1 2026
12Connor, Clark & Lunn Investment Management Ltd.114K
$1.2M
−2.1%
Reduced · −2K sh
Q2 2026
13Doliver Advisors, LP111K
$1.2M
−0.7%
Reduced · −800 sh
Q2 2026
14Vanguard Portfolio Management LLC104K
$1.2M
New filer
Inherited book · not a new buyer
Q1 2026
15Osaic Holdings, Inc.84K
$951K
−0.5%
Reduced · −426 sh
Q1 2026
16Quantinno Capital Management LP76K
$855K
+58%
Added · +28K sh
Q1 2026
17Intrepid Capital Management Inc74K
$792K
Held
Q2 2026
18Odyssean, LLC63K
$678K
+388%
Added · +50K sh
Q2 2026
19Price T Rowe Associates Inc57K
$645K
+9.1%
Added · +5K sh
Q1 2026
20Commonwealth Equity Services, LLC51K
$581K
+2.8%
Added · +1K sh
Q1 2026
21Renaissance Technologies LLC51K
$577K
−8.3%
Reduced · −5K sh
Q1 2026
22Millennium Management LLC50K
$561K
−69%
Reduced · −110K sh
Q1 2026
23Charles Schwab Investment Management Inc49K
$558K
−10%
Reduced · −6K sh
Q1 2026
24Morgan Stanley49K
$551K
+32%
Added · +12K sh
Q1 2026
25Bank of New York Mellon Corp48K
$543K
−0.7%
Reduced · −346 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 REFI being bought or sold by institutions?

Last quarter, 8 funds opened a new position in REFI and 17 added to an existing one, while 12 reduced. Based on 13F filings from active, signal-eligible managers (passive index funds and other mechanical holders are excluded from this count).

Opened
8
funds, first position
Added
17
funds, existing position
Reduced
12
funds, still holding
Largest positions that changed · ranked by position value

Funds that own REFI also own

CompanyCo-held byCombined value
NVIDIA CORPNVDA43 funds$130.6B
APPLE INCAAPL43 funds$102.4B
MICROSOFT CORPMSFT43 funds$89.7B
META PLATFORMS INC-CLASS AMETA43 funds$39.6B
AMAZON.COM INCAMZN42 funds$59.3B
ALPHABET INC-CL AGOOGL42 funds$44.0B
ELI LILLY & COLLY42 funds$26.3B
WALMART INCWMT42 funds$9.6B
BROADCOM INCAVGO41 funds$53.6B
ALPHABET INC-CL CGOOG41 funds$48.7B
VISA INC-CLASS A SHARESV41 funds$23.9B
TESLA INCTSLA41 funds$20.1B

Ranked by how many of REFI's institutional holders also hold each name, a cross-fund conviction signal.

Insider activity (Form 4)

Full insider page →
Buys · 180d
$1.3M
3 insiders
Sells · 180d
$0
0 insiders
Net
$1.3M
8 P/S txns
Signal
Net Buying
open-market
DateInsiderRoleActionSharesValue
Aug 27, 2026Mazarakis JohnExecutive Chairman, DirectorBuy (P)8K$80K
Aug 26, 2026Mazarakis JohnExecutive Chairman, DirectorBuy (P)40K$429K
Aug 21, 2026Mazarakis JohnExecutive Chairman, DirectorBuy (P)145$2K
Aug 19, 2026Sack PeterCo-Chief Executive Officer, DirectorBuy (P)2K$21K
Aug 19, 2026Sack PeterCo-Chief Executive Officer, DirectorBuy (P)2K$16K
Aug 18, 2026Sack PeterCo-Chief Executive Officer, DirectorBuy (P)2K$16K
Aug 17, 2026Cappell AnthonyCo-Chief Executive Officer, DirectorBuy (P)45K$468K
Aug 17, 2026Mazarakis JohnExecutive Chairman, DirectorBuy (P)25K$256K
Oct 16, 2025Mazarakis JohnExecutive Chairman, DirectorBuy (P)8K$102K
Oct 15, 2025Kite DavidChief Operating OfficerBuy (P)3K$32K
Oct 15, 2025Papastavrou Jason DDirectorBuy (P)10K$126K
Oct 15, 2025Papastavrou Jason DDirectorBuy (P)5K$64K

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

SourceBuyingSellingNet
13F funds
Latest quarterly filings
3232
Insiders
Form 4 open-market
30+$1.3M
US House
STOCK Act trades
00$0
Sector rotation
REFI 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 ~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

42 funds-34 since Q3 2024
04692Q3 2024Q1 2025Q3 2025Q1 2026Q2 2026
funds holding aggregate valuelatest $27.3M

Recent filings

15 shown

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Connected entities for REFI

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Ask your agent what changed in REFI

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/REFI/capital-change-brief"
Ask your agent
Use Arkolith's capital_change_brief for REFI.
Tell me what changed, whether insider activity
corroborates it, and cite the SEC evidence.

13F holdings + Form 4 insider transactions + end-of-day price history + the live filing stream, joined for REFI. Filings are public domain, sourced to SEC EDGAR; price series derived from end-of-day closes.