KKR Real Estate Finance Trust Inc. (KREF) Ownership

NYSE: KREFTop holders, insider trades and short interest.

KREF ownership summary

as of October 18, 2026
Institutions
90.8%
of shares outstanding
Insiders
8.06%
of shares outstanding
Shares outstanding
58.6M
Float
41.4M
shares available to trade
Short interest
15.87%
6.0M shares short
Days to cover
6.95
short interest up 0.3% vs prior month
  • Institutions 90.80%
  • Insiders 8.06%
  • Other investors 1.14%

KREF top institutional holders

20 largest
KKR Real Estate Finance Trust Inc. top institutional holders
#Holder% of sharesSharesValueChangeReported
1Kohlberg Kravis Roberts & Co LP17.07%10.0M$58.0M—June 30, 2026
2BlackRock Inc10.07%5.9M$34.2M+365,925 (+6.6%)June 30, 2026
3Long Pond Capital, LP9.92%5.8M$33.7M+79,688 (+1.4%)June 30, 2026
4UBS Group AG6.22%3.6M$21.1M+3.4M (+1,392.8%)June 30, 2026
5Nomura Holdings Inc4.62%2.7M$15.7M−170,980 (−5.9%)June 30, 2026
6Vanguard Capital Management, LLC3.90%2.3M$13.2M−42,834 (−1.8%)June 30, 2026
7Dimension Capital Management LLC2.71%1.6M$9.2M+1.6M (0.0%)June 30, 2026
8Geode Capital Management, LLC2.41%1.4M$8.2M+84,600 (+6.4%)June 30, 2026
9Morgan Stanley - Brokerage Accounts2.20%1.3M$7.5M+538,158 (+71.6%)June 30, 2026
10State Street Corp2.01%1.2M$6.8M−98,059 (−7.7%)June 30, 2026
11Millennium Management LLC1.66%970K$5.6M−508,197 (−34.4%)June 30, 2026
12Charles Schwab Investment Management Inc1.64%959K$5.6M−74,367 (−7.2%)June 30, 2026
13AQR Capital Management LLC1.47%860K$5.0M+792,407 (+1,176.1%)June 30, 2026
14The Goldman Sachs Group Inc1.24%729K$4.2M+88,273 (+13.8%)June 30, 2026
15Two Sigma Investments LLC1.10%643K$3.7M−298,995 (−31.7%)June 30, 2026
16NORGES BANK1.08%635K$3.7M+635,000 (0.0%)June 30, 2026
17Qube Research & Technologies1.03%602K$3.5M+161,578 (+36.7%)June 30, 2026
18Northern Trust Corp1.02%598K$3.5M+83,210 (+16.2%)June 30, 2026
19Jane Street Group LLC1.00%585K$3.4M+286,178 (+95.7%)June 30, 2026
20Wells Fargo & Co0.95%558K$3.2M+432,319 (+344.4%)June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 13 holders added 8.5M shares and 6 cut 1.2M.

KREF top mutual fund and ETF holders

20 largest
KKR Real Estate Finance Trust Inc. top fund holders
#Holder% of sharesSharesValueChangeReported
1Vanguard MStar Total Stk Mkt Idx Invest2.77%1.6M$9.4M—August 31, 2026
2iShares Russell 2000 ETF2.17%1.3M$7.4M−14,656 (−1.1%)September 30, 2026
3iShares Mortgage Real Estate Capped ETF1.19%696K$4.0M−2,780 (−0.4%)September 30, 2026
4Fidelity Small Cap Index1.03%602K$3.5M+1,487 (+0.2%)July 31, 2026
5VanEck Mortgage REIT Income ETF0.98%575K$3.3M+15,666 (+2.8%)September 30, 2026
6iShares Russell 2000 Value ETF0.79%465K$2.7M+706 (+0.2%)September 30, 2026
7Schwab Fundamental U.S. Small CompanyETF0.74%432K$2.5M+609 (+0.1%)September 30, 2026
8Fidelity Extended Market Index0.49%288K$1.7M−83,629 (−22.5%)August 31, 2026
9BankInvest Børsnoterede Alt. Akk. W0.49%287K$1.7M—March 31, 2026
10Vanguard Russell 2000 ETF0.49%287K$1.7M−24,420 (−7.8%)September 30, 2026
11Schwab US Small-Cap ETF™0.42%245K$1.4M+162 (+0.1%)September 30, 2026
12iShares Micro-Cap ETF0.26%155K$896,494−1,066 (−0.7%)September 30, 2026
13Schwab Small Cap Index0.22%131K$757,526—August 31, 2026
14Invesco RAFI US 1500 Small-Mid ETF0.21%125K$723,823—September 30, 2026
15Schwab Fundamental US Small Company Idx0.19%113K$653,121−1,747 (−1.5%)September 30, 2026
16Fidelity Total Market Index0.18%104K$603,310—August 31, 2026
17Stt Strt SPDR® Russell2000 US SmCapETF0.17%102K$594,454−7,136 (−6.5%)September 30, 2026
18Amplify Etho Climate Leadership U.S. ETF0.17%98K$569,543+5,775 (+6.2%)September 30, 2026
19iShares Russell 2000 Small-Cap Idx Instl0.16%96K$558,789—August 31, 2026
20Vanguard Financials ETF0.15%88K$507,709+1,344 (+1.6%)September 30, 2026

Funds report holdings monthly or quarterly; dates differ by fund.

KREF insider transactions

latest 4
KKR Real Estate Finance Trust Inc. insider transactions
DateNameTransactionPriceSharesValue
2025-12-03Ralph F RosenbergSell$8.25125,289$1.0M
2025-11-07Christen E.J. LeeBuy$7.8010,000$78,000
2025-11-06Matthew A SalemBuy$7.8432,000$250,880
2025-11-06W Patrick MattsonBuy$7.9113,000$102,830

Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.

KREF shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns KREF

Institutional investors own 90.8% of KKR Real Estate Finance's shares and insiders 8.06%. The largest holder is Kohlberg Kravis Roberts & Co LP with 17.07% of the shares (10.0M), as of June 30, 2026. Among the top 20 institutions, 13 added shares and 6 reduced their stake in the latest filings. Short interest is 15.87% of the float, or 6.95 days of average trading volume. The share count rose 401.2% since 2015.

Related: KREF analyst forecast, KREF key metrics, KREF dividend history. See the KREF stock overview for the latest quote and news.

KREF ownership FAQ

Who owns the most KKR Real Estate Finance stock?

The largest shareholders of KKR Real Estate Finance are Kohlberg Kravis Roberts & Co LP (17.07%), BlackRock Inc (10.07%), Long Pond Capital, LP (9.92%), UBS Group AG (6.22%), Nomura Holdings Inc (4.62%).

What percentage of KKR Real Estate Finance is owned by institutions?

Institutions hold 90.8% of KKR Real Estate Finance's shares outstanding; insiders hold 8.06%.

Which funds own KKR Real Estate Finance?

The largest fund holders of KKR Real Estate Finance are Vanguard MStar Total Stk Mkt Idx Invest (2.77%), iShares Russell 2000 ETF (2.17%), iShares Mortgage Real Estate Capped ETF (1.19%), Fidelity Small Cap Index (1.03%), VanEck Mortgage REIT Income ETF (0.98%).

What is KKR Real Estate Finance's short interest?

6.0M shares of KKR Real Estate Finance were sold short, 15.87% of the float; at the average daily volume it would take 6.95 days to cover.

Are insiders buying or selling KKR Real Estate Finance?

Of the latest 4 reported insider transactions in KKR Real Estate Finance (since November 6, 2025), 3 were purchases and 1 were sales.

How many shares of KKR Real Estate Finance are outstanding?

KKR Real Estate Finance has 58.6M shares outstanding, of which 41.4M are in the public float.

REIT - Mortgage: ownership