KKR Real Estate Finance Trust Inc. - Common Stock (KREF) Institutional Ownership

13F Institutional Holders and Ownership History from Q2 2017 to Q4 2025

Type / Class
Equity / Common Stock
Symbol
KREF on NYSE
Shares outstanding
65,682,558
Price per share
$8.40
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
51,190,602
Total reported value
$422,036,459
% of total 13F portfolios
0%
Share change
+1,786,441
Value change
+$13,974,726
Number of holders
162
Price from insider filings
$8.40
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of KKR Real Estate Finance Trust Inc. - Common Stock (KREF) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
BlackRock, Inc. 14% $81,926,779 9,341,708 BlackRock, Inc. 30 Jun 2025
VANGUARD GROUP INC 5.6% -26% $33,044,895 -$13,961,682 3,671,655 -30% The Vanguard Group 30 Sep 2025

As of 31 Dec 2025, 162 institutional investors reported holding 51,190,602 shares of KKR Real Estate Finance Trust Inc. - Common Stock (KREF). This represents 78% of the company’s total 65,682,558 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of KKR Real Estate Finance Trust Inc. - Common Stock (KREF) together control 68% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
Kohlberg Kravis Roberts & Co. L.P. 15% 10,000,001 0% 1.3% $82,833,759
BlackRock, Inc. 14% 9,214,099 -1.9% 0% $75,739,896
VANGUARD GROUP INC 5.6% 3,703,329 +0.86% 0% $30,441,365
Nan Shan Life Insurance Co., Ltd. 4.7% 3,060,384 0% 0.77% $25,156,356
NOMURA HOLDINGS INC 4.2% 2,726,787 +371% 0.17% $22,414,189
STATE STREET CORP 3.3% 2,171,890 -1.7% 0% $18,387,841
Long Pond Capital, LP 2.4% 1,563,088 -33% 1.5% $12,848,583
GEODE CAPITAL MANAGEMENT, LLC 2% 1,333,422 -0.79% 0% $10,962,605
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 2% 1,308,406 +8.9% 0.02% $10,755,097
Nokomis Capital, L.L.C. 1.7% 1,091,820 +136% 2.5% $8,974,760
TWO SIGMA INVESTMENTS, LP 1.5% 1,005,224 +1032% 0.01% $8,262,941
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1.5% 1,002,949 +11% 0% $8,244,241
Invesco Ltd. 1% 684,228 -40% 0% $5,624,355
TWO SIGMA ADVISERS, LP 1% 683,200 0.01% $5,615,904
MORGAN STANLEY 0.97% 634,796 +4% 0% $5,218,033
WELLINGTON MANAGEMENT GROUP LLP 0.87% 574,289 +4.9% 0% $4,720,655
NORTHERN TRUST CORP 0.8% 526,881 -17% 0% $4,330,962
CITADEL ADVISORS LLC 0.72% 471,369 -2.3% 0% $3,874,653
JPMORGAN CHASE & CO 0.72% 470,312 -18% 0% $3,865,965
VAN ECK ASSOCIATES CORP 0.66% 432,353 +20% 0% $3,554,000
GOLDMAN SACHS GROUP INC 0.65% 426,866 +5.6% 0% $3,508,838
CONDOR CAPITAL MANAGEMENT 0.64% 418,225 +12% 0.28% $3,437,811
JANE STREET GROUP, LLC 0.54% 356,231 +653% 0% $2,928,219
COMPASS ROSE ASSET MANAGEMENT, LP 0.51% 335,000 0.89% $2,753,700
Bank of New York Mellon Corp 0.47% 305,691 -5.3% 0% $2,512,784

Institutional Holders of KKR Real Estate Finance Trust Inc. - Common Stock (KREF) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 51,190,602 $422,036,459 +$13,974,726 $8.22 162
2025 Q3 49,127,944 $442,748,235 +$2,682,393 $9.00 171
2025 Q2 48,845,867 $428,982,273 -$13,500,816 $8.77 169
2025 Q1 49,981,119 $542,054,024 -$7,138,127 $10.80 177
2024 Q4 50,722,310 $512,954,335 -$8,573,094 $10.10 170
2024 Q3 50,862,630 $628,507,115 +$30,597,164 $12.35 171
2024 Q2 48,586,175 $440,321,631 -$12,291,339 $9.05 146
2024 Q1 48,804,909 $494,117,861 +$4,709,927 $10.06 153
2023 Q4 48,212,319 $638,958,312 -$11,635,242 $13.23 158
2023 Q3 49,068,395 $583,465,749 -$11,249,023 $11.87 153
2023 Q2 50,450,213 $614,925,712 -$27,818,251 $12.17 152
2023 Q1 52,828,352 $602,715,687 -$4,622,349 $11.39 165
2022 Q4 53,301,538 $745,125,912 +$3,827,943 $13.96 162
2022 Q3 52,897,181 $860,428,299 +$17,876,837 $16.25 162
2022 Q2 51,593,294 $901,277,302 -$5,882,238 $17.45 171
2022 Q1 51,990,482 $1,072,091,591 +$75,200,684 $20.61 167
2021 Q4 48,318,918 $1,007,151,766 +$50,323,259 $20.83 163
2021 Q3 45,805,874 $967,165,519 -$34,064 $21.10 140
2021 Q2 45,709,277 $989,008,547 -$56,225,540 $21.63 133
2021 Q1 48,443,768 $891,497,930 +$17,503,029 $18.39 127
2020 Q4 47,399,272 $849,869,470 -$16,142,248 $17.92 117
2020 Q3 48,362,849 $799,967,167 +$1,845,493 $16.53 123
2020 Q2 48,275,069 $800,849,437 -$6,282,674 $16.58 126
2020 Q1 48,739,478 $731,850,430 -$11,633,875 $15.01 126
2019 Q4 48,945,905 $999,899,775 +$76,726,541 $20.42 131
2019 Q3 44,995,690 $879,016,695 -$12,910,777 $19.53 100
2019 Q2 45,600,155 $908,569,480 +$22,338,611 $19.92 102
2019 Q1 44,836,140 $897,825,616 +$31,875,323 $20.02 97
2018 Q4 43,267,914 $828,730,576 +$22,478,723 $19.15 93
2018 Q3 42,038,675 $847,910,805 +$75,914,553 $20.17 73
2018 Q2 38,281,617 $757,328,680 -$7,730,064 $19.78 59
2018 Q1 38,657,342 $775,568,390 -$5,516,356 $20.06 51
2017 Q4 38,921,145 $778,909,032 -$3,791,813 $20.01 53
2017 Q3 38,852,835 $817,561,974 +$609,377 $21.04 51
2017 Q2 38,817,993 $834,654,133 +$834,654,377 $21.50 48