KKR REAL ESTATE FIN TR INC KREF 6.125 05.15.23
NOTE 6.125% 5/1 · US DOMESTIC · CUSIP 48251KAB6
29
institutional holders
+0 vs Q3 2022
9.5m
shares reported held*
$87.4mreported value*
4 new
5 added
5 reduced
5 sold out
net sold ≈ $14.5m (-2.7m shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $9.24.
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 29 |
| Q4 2022 | 29 |
Biggest buyers
| PIPER SANDLER & CO. | Added | +5.9m |
| PALISADE CAPITAL MANAGEMENT, LP | New | +2.7m |
| SSI INVESTMENT MANAGEMENT LLC | Added | +2.1m |
| OAKTREE CAPITAL MANAGEMENT LP | Added | +2.0m |
| JPMORGAN CHASE & CO | New | +1.9m |
| Russell Investments Group, Ltd. | Added | +849.0k |
| KELLEHER FINANCIAL ADVISORS | New | +96.0k |
| ROYAL BANK OF CANADA | New | +16.0k |
| Wellesley Asset Management | Added | +110 |
Biggest sellers
| Walleye Capital LLC | Reduced | -7.6m |
| LAZARD ASSET MANAGEMENT LLC | Reduced | -7.5m |
| HBK INVESTMENTS L P | Sold out | -6.5m |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -5.8m |
| PALISADE CAPITAL MANAGEMENT, LP | Sold out | -2.7m |
| NEUBERGER BERMAN GROUP LLC | Sold out | -104.0k |
| BNP PARIBAS FINANCIAL MARKETS | Sold out | -63.4k |
| OSAIC HOLDINGS, INC. | Sold out | -39.0k |
| STIFEL FINANCIAL CORP | Reduced | -152 |
| LAFFER TENGLER INVESTMENTS, INC. | Reduced | -148 |
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| OAKTREE CAPITAL MANAGEMENT LP 0.15% of their portfolio | 14.3m $14.1m | Added +2.0m |
| Walleye Capital LLC 0.30% of their portfolio | 14.2m $14.0m | Reduced -7.6m |
| PIPER SANDLER & CO. 11.35% of their portfolio | 11.2m $11.0m | Added +5.9m |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 10.4m $10.2m | Reduced -7.5m |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 6.0m $5.9m | Reduced -5.8m |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 4.8m $4.7m | Unchanged |
| TORONTO DOMINION BANK 0.01% of their portfolio | 4.5m $4.5m | Unchanged |
| WESTWOOD HOLDINGS GROUP INC 0.03% of their portfolio | 4.0m $4.0m | Unchanged |
| SSI INVESTMENT MANAGEMENT LLC 0.22% of their portfolio | 3.6m $3.5m | Added +2.1m |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 3.3m $3.3m | Added +849.0k |
| PALISADE CAPITAL MANAGEMENT, LP 0.07% of their portfolio | 2.7m $2.7m | New |
| AGF MANAGEMENT LTD 0.02% of their portfolio | 2.2m $2.2m | First filing |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.9m $1.9m | New |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio | 1.0m $981.4k | Unchanged |
| Seelaus Asset Management LLC 0.23% of their portfolio | 302.0k $302.0k | Unchanged |
| Cutler Capital Management, LLC 0.08% of their portfolio | 195.0k $191.4k | Unchanged |
| Sculati Wealth Management, LLC 0.09% of their portfolio | 165.0k $165.0k | Unchanged |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 150.0k $147.2k | Unchanged |
| KELLEHER FINANCIAL ADVISORS 0.07% of their portfolio | 96.0k $94.2k | New |
| FMR LLC 0.00% of their portfolio | 77.0k $75.6k | Unchanged |
| Goldstein Advisors, LLC 0.01% of their portfolio | 39.0k $38.0k | First filing |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 24.5k $24.5k | Reduced -152 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 16.0k $16.0k | New |
| Advisory Services Network, LLC 0.00% of their portfolio | 15.0k $14.7k | Unchanged |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 12.0k $11.8k | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 6.0k $5.9k | Unchanged |
| LAFFER TENGLER INVESTMENTS, INC. 0.93% of their portfolio | 3.2k $3.2m | Reduced -148 |
| Wellesley Asset Management 0.01% of their portfolio | 220 $216 | Added +110 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |