KKR Real Estate Finance Trust Inc. (KREF) — Institutional Holders, Q2 2026

155 institutional investment managers reported a KREF position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $350.8M. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← KREF stock profile

KREF in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

Added to

Trimmed

Sold out

Biggest buyers

UBS Group AGAdded · +3,397,148 sh+$23.2M
DIMENSION CAPITAL MANAGEMENTNew · +1,588,196 sh+$10.9M
AQR CAPITAL MANAGEMENTAdded · +792,407 sh+$5.4M
MORGAN STANLEYAdded · +538,158 sh+$3.7M
WELLS FARGO & COMPANYAdded · +432,319 sh+$3.0M

Biggest sellers

Conversant CapitalSold out · -1,470,600 sh-$10.1M
Point72 Asset Management, L.P.Sold out · -699,224 sh-$4.8M
Nokomis Capital, L.L.C.Trimmed · -684,222 sh-$4.7M
PRUDENTIAL FINANCIALSold out · -647,750 sh-$4.4M
CITADEL ADVISORSTrimmed · -594,111 sh-$4.1M

KREF 13F holders ranked 1–100 of 155

Institutional investors reporting a position in KKR Real Estate Finance Trust Inc. on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	Kohlberg Kravis Roberts & L.P.#1 · 10,000,001 sh	10,000,001	$68.4M	1.20%	0.0%
2	BlackRock#2 · 5,898,946 sh	5,898,946	$40.3M	<0.01%	+6.6%
3	Long Pond Capital#3 · 5,813,201 sh	5,813,201	$39.8M	3.82%	+1.4%
4	UBS Group AG#4 · 3,641,056 sh	3,641,056	$24.9M	<0.01%	+1392.8%
5	NOMURA#5 · 2,704,317 sh	2,704,317	$18.5M	0.02%	-5.9%
6	VANGUARD CAPITAL MANAGEMENT#6 · 2,284,174 sh	2,284,174	$15.6M	<0.01%	-1.8%
7	DIMENSION CAPITAL MANAGEMENT#7 · 1,588,196 sh	1,588,196	$10.9M	1.27%	New
8	GEODE CAPITAL MANAGEMENT#8 · 1,409,981 sh	1,409,981	$9.6M	<0.01%	+6.4%
9	MORGAN STANLEY#9 · 1,290,211 sh	1,290,211	$8.8M	<0.01%	+71.6%
10	STATE STREET#10 · 1,180,293 sh	1,180,293	$8.2M	<0.01%	-7.7%
11	MILLENNIUM MANAGEMENT#11 · 969,954 sh	969,954	$6.6M	<0.01%	-34.4%
12	CHARLES SCHWAB INVESTMENT MANAGEMENT#12 · 958,932 sh	958,932	$6.6M	<0.01%	-7.2%
13	AQR CAPITAL MANAGEMENT#13 · 859,781 sh	859,781	$5.9M	<0.01%	+1176.1%
14	GOLDMAN SACHS GROUP#14 · 729,036 sh	729,036	$5.0M	<0.01%	+13.8%
15	TWO SIGMA INVESTMENTS#15 · 643,206 sh	643,206	$4.4M	<0.01%	-31.7%
16	NORGES BANK#16 · 635,000 sh	635,000	$4.3M	<0.01%	—
17	Qube Research & Technologies Ltd#17 · 601,842 sh	601,842	$4.1M	<0.01%	+36.7%
18	NORTHERN#18 · 598,251 sh	598,251	$4.1M	<0.01%	+16.2%
19	JANE STREET GROUP#19 · 585,212 sh	585,212	$4.0M	<0.01%	+95.7%
20	WELLS FARGO & COMPANY#20 · 557,842 sh	557,842	$3.8M	<0.01%	+344.4%
21	VAN ECK ASSOCIATES#21 · 517,167 sh	517,167	$3.5M	<0.01%	+10.5%
22	VANGUARD PORTFOLIO MANAGEMENT#22 · 450,131 sh	450,131	$3.1M	<0.01%	+9.7%
23	Nokomis Capital, L.L.C.#23 · 435,600 sh	435,600	$3.0M	1.00%	-61.1%
24	BANK OF AMERICA#24 · 401,115 sh	401,115	$2.7M	<0.01%	+90.7%
25	VANGUARD FIDUCIARY#25 · 355,615 sh	355,615	$2.4M	<0.01%	+3.2%
26	Jain Global#26 · 328,535 sh	328,535	$2.2M	<0.01%	New
27	Quantinno Capital Management#27 · 326,398 sh	326,398	$2.2M	<0.01%	+171.5%
28	XTX Topco Ltd#28 · 326,188 sh	326,188	$2.2M	0.03%	+120.8%
29	CITADEL ADVISORS#29 · 321,125 sh	321,125	$2.2M	<0.01%	-64.9%
30	BNP PARIBAS FINANCIAL MARKETS#30 · 265,264 sh	265,264	$1.8M	<0.01%	+31.7%
31	JPMORGAN CHASE#31 · 237,403 sh	237,403	$1.7M	<0.01%	-21.2%
32	D. E. Shaw#32 · 244,113 sh	244,113	$1.7M	<0.01%	-16.7%
33	Nuveen#33 · 210,047 sh	210,047	$1.4M	<0.01%	+19.1%
34	Corient Private Wealth#34 · 201,963 sh	201,963	$1.4M	<0.01%	+210.3%
35	One William Street Capital Management, L.P.#35 · 202,000 sh	202,000	$1.4M	0.57%	New
36	Invesco Ltd.#36 · 192,254 sh	192,254	$1.3M	<0.01%	-0.9%
37	Bank of New York Mellon#37 · 178,361 sh	178,361	$1.2M	<0.01%	+8.9%
38	GFS Advisors#38 · 20 sh	20	$1.1M	0.06%	-99.8%
39	PRICE T ROWE ASSOCIATES#39 · 158,420 sh	158,420	$1.1M	<0.01%	+44.9%
40	FMR#40 · 154,253 sh	154,253	$1.1M	0.00%	-49.2%
41	ExodusPoint Capital Management#41 · 149,351 sh	149,351	$1.0M	<0.01%	-49.8%
42	STIFEL FINANCIAL#42 · 118,200 sh	118,200	$808.5K	<0.01%	+30.3%
43	Beach Point Capital Management#43 · 115,016 sh	115,016	$786.7K	—	0.0%
44	CURA WEALTH ADVISORS#44 · 100,757 sh	100,757	$689.2K	0.29%	+0.2%
45	LPL Financial#45 · 90,934 sh	90,934	$622.0K	<0.01%	-5.6%
46	Toroso Investments#46 · 88,997 sh	88,997	$608.7K	<0.01%	New
47	EntryPoint Capital#47 · 87,496 sh	87,496	$598.5K	0.15%	+29.8%
48	HSBC PLC#48 · 82,629 sh	82,629	$568.9K	<0.01%	+81.6%
49	STATE OF WISCONSIN INVESTMENT BOARD#49 · 78,663 sh	78,663	$538.1K	<0.01%	New
50	WEDBUSH SECURITIES#50 · 77,165 sh	77,165	$528.0K	—	-9.6%
51	Squarepoint Ops#51 · 75,155 sh	75,155	$514.1K	<0.01%	+48.3%
52	BI Asset Management Fondsmaeglerselskab A/S#52 · 72,073 sh	72,073	$493.0K	—	-74.9%
53	RHUMBLINE ADVISERS#53 · 69,339 sh	69,339	$474.3K	<0.01%	+0.9%
54	RAYMOND JAMES FINANCIAL#54 · 61,223 sh	61,223	$418.8K	<0.01%	+5.6%
55	IEQ CAPITAL#55 · 58,401 sh	58,401	$399.5K	<0.01%	New
56	DEUTSCHE BANK AG\#56 · 52,820 sh	52,820	$361.3K	<0.01%	+175.6%
57	ALLIANCEBERNSTEIN L.P.#57 · 54,700 sh	54,700	$334.8K	<0.01%	+41.3%
58	SUSQUEHANNA INTERNATIONAL GROUP, LLP#58 · 47,500 sh	47,500	$324.9K	0.00%	-67.5%
59	MERCER GLOBAL ADVISORS#59 · 42,328 sh	42,328	$289.5K	<0.01%	New
60	Abel Hall#60 · 42,250 sh	42,250	$289.0K	—	+4.9%
61	CAXTON ASSOCIATES LLP#61 · 39,088 sh	39,088	$267.4K	<0.01%	-13.6%
62	Russell Investments Group, Ltd.#62 · 38,970 sh	38,970	$266.6K	<0.01%	+375.9%
63	Whetstone Capital Advisors#63 · 38,108 sh	38,108	$260.7K	0.07%	0.0%
64	MANUFACTURERS LIFE INSURANCE COMPANY, THE#64 · 37,193 sh	37,193	$254.4K	<0.01%	-1.4%
65	ROYAL BANK OF CANADA#65 · 36,810 sh	36,810	$252.0K	0.00%	+64.0%
66	Lido Advisors#66 · 34,334 sh	34,334	$238.3K	<0.01%	-50.1%
67	SG Americas Securities#67 · 33,657 sh	33,657	$230.0K	<0.01%	New
68	OSAIC#68 · 32,500 sh	32,500	$222.3K	<0.01%	-1.7%
69	BARCLAYS PLC#69 · 32,447 sh	32,447	$221.9K	0.00%	-31.1%
70	MetLife Investment Management#70 · 31,183 sh	31,183	$213.3K	<0.01%	+34.7%
71	BALYASNY ASSET MANAGEMENT L.P.#71 · 30,828 sh	30,828	$210.9K	<0.01%	-88.9%
72	Atom Investors#72 · 30,613 sh	30,613	$209.4K	0.02%	-65.4%
73	Mariner#73 · 30,150 sh	30,150	$206.3K	<0.01%	New
74	WEALTH ENHANCEMENT ADVISORY SERVICES#74 · 27,225 sh	27,225	$200.4K	—	New
75	FOX RUN MANAGEMENT, L.L.C.#75 · 27,422 sh	27,422	$187.6K	0.03%	-39.3%
76	SRS Capital Advisors#76 · 27,132 sh	27,132	$185.6K	<0.01%	New
77	Sequoia Financial Advisors#77 · 26,775 sh	26,775	$183.1K	<0.01%	New
78	TUDOR INVESTMENT ET AL#78 · 26,034 sh	26,034	$178.1K	<0.01%	New
79	CITIGROUP#79 · 25,814 sh	25,814	$176.6K	<0.01%	-67.5%
80	MIRAE ASSET GLOBAL ETFS Ltd.#80 · 24,928 sh	24,928	$170.5K	<0.01%	-5.2%
81	Creative Planning#81 · 24,787 sh	24,787	$169.5K	<0.01%	+101.9%
82	Catalyst Funds Management Pty Ltd#82 · 23,494 sh	23,494	$160.7K	<0.01%	-18.5%
83	Steward Partners Investment Advisory#83 · 22,862 sh	22,862	$156.4K	<0.01%	New
84	Vanguard Global Advisers#84 · 21,398 sh	21,398	$146.4K	<0.01%	0.0%
85	Optiver Holding B.V.#85 · 19,367 sh	19,367	$132.5K	0.00%	-20.0%
86	WESTBOURNE INVESTMENTS#86 · 18,000 sh	18,000	$123.1K	0.05%	0.0%
87	Parallel Advisors#87 · 17,941 sh	17,941	$122.7K	<0.01%	+29.7%
88	Police & Firemen's Retirement System of New Jersey#88 · 17,417 sh	17,417	$119.1K	<0.01%	0.0%
89	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM#89 · 16,821 sh	16,821	$115.1K	<0.01%	0.0%
90	Lighthouse Investment Partners#90 · 15,760 sh	15,760	$107.8K	<0.01%	0.0%
91	Neuberger Berman Group#91 · 15,181 sh	15,181	$103.8K	<0.01%	New
92	PNC FINANCIAL SERVICES GROUP#92 · 15,084 sh	15,084	$103.2K	<0.01%	+108.5%
93	FRANKLIN RESOURCES#93 · 14,557 sh	14,557	$99.6K	0.00%	-24.0%
94	KELLEHER FINANCIAL ADVISORS#94 · 14,126 sh	14,126	$96.8K	0.01%	+105.3%
95	BRIGHTON JONES#95 · 13,590 sh	13,590	$93.0K	<0.01%	New
96	INTECH INVESTMENT MANAGEMENT#96 · 13,046 sh	13,046	$89.2K	<0.01%	+0.5%
97	NEW YORK STATE COMMON RETIREMENT FUND#97 · 13,037 sh	13,037	$89.2K	<0.01%	0.0%
98	VOYA INVESTMENT MANAGEMENT#98 · 12,264 sh	12,264	$83.9K	<0.01%	-81.7%
99	Rockefeller Capital Management L.P.#99 · 12,000 sh	12,000	$82.1K	<0.01%	-54.5%
100	Graham Capital Management, L.P.#100 · 11,559 sh	11,559	$79.1K	<0.01%	-43.2%

Funds that sold out of KREF in Q2 2026 (45)

Held KREF at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held KREF in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
Conversant Capital1,470,600 sh	1,470,600	$9.0M
Point72 Asset Management, L.P.699,224 sh	699,224	$4.3M
PRUDENTIAL FINANCIAL647,750 sh	647,750	$4.0M
Waterfall Asset Management475,154 sh	475,154	$3.1M
CONDOR CAPITAL MANAGEMENT410,742 sh	410,742	$2.5M
Y-Intercept (Hong Kong) Ltd261,690 sh	261,690	$1.6M
Endure Capital Management252,523 sh	252,523	$1.5M
MARSHALL WACE, LLP170,695 sh	170,695	$1.0M
HRT FINANCIAL161,137 sh	161,137	$986.0K
Penserra Capital Management141,056 sh	141,056	$863.0K
Swiss National Bank111,500 sh	111,500	$682.4K
Brevan Howard Capital Management67,932 sh	67,932	$415.7K
STEPHENS64,411 sh	64,411	$394.2K
ALGERT GLOBAL58,376 sh	58,376	$357.0K
Weiss Asset Management46,552 sh	46,552	$284.9K
Engineers Gate Manager45,500 sh	45,500	$278.5K
Empirical Asset Management32,894 sh	32,894	$201.3K
Empowered Funds31,609 sh	31,609	$193.4K
Park Capital Management, / WI28,647 sh	28,647	$175.3K
1832 Asset Management L.P.23,750 sh	23,750	$145.3K
Zurcher Kantonalbank (Zurich Cantonalbank)22,129 sh	22,129	$135.4K
AIRE ADVISORS21,554 sh	21,554	$131.9K
AMERIPRISE FINANCIAL18,544 sh	18,544	$117.7K
Able Wealth Management18,278 sh	18,278	$111.9K
Arizona State Retirement System15,311 sh	15,311	$93.7K
AIGEN INVESTMENT MANAGEMENT14,661 sh	14,661	$89.7K
DAYMARK WEALTH PARTNERS14,545 sh	14,545	$89.0K
State of Tennessee, Treasury Department13,117 sh	13,117	$80.3K
Soltis Investment Advisors12,689 sh	12,689	$77.7K
Vanguard Investments Australia, Ltd.12,314 sh	12,314	$75.4K
KLP KAPITALFORVALTNING AS11,900 sh	11,900	$75.4K
Resonant Capital Advisors11,269 sh	11,269	$71.8K
Quotient Wealth Partners11,723 sh	11,723	$71.7K
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT11,500 sh	11,500	$69.1K
Occidental Asset Management10,953 sh	10,953	$67.0K
IMC-Chicago10,309 sh	10,309	$63.1K
GREAT WEST LIFE ASSURANCE7,613 sh	7,613	$47.0K
BNP Paribas Asset Management Holding S.A.4,225 sh	4,225	$25.9K
BESSEMER GROUP909 sh	909	$6.0K
MassMutual Private Wealth & , FSB520 sh	520	$3.2K
TWIN PEAKS WEALTH ADVISORS486 sh	486	$3.0K
MAI Capital Management351 sh	351	$2.1K
Root Financial Partners303 sh	303	$1.9K
Advisory Services Network87 sh	87	$533.00
UMB Bank, n.a.38 sh	38	$233.00

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.