REFI — CHICAGO ATLANTIC REAL ESTATE
Reported value held$39.48M
Funds holding (latest)33
SectorReal Estate
Funds holding (Q2 2026)23
Institutional value$25.93M · 2.49M sh
New / Add / Cut / Exit2 / 14 / 6 / 1
Top-5 / Top-10 concentration86.0% / 94.3%
Institutional holdings change
Accumulating +20.4%
(+421.30K sh)
Institutional value change
Up +14.0%
As of Q2 2026, 23 SEC-registered investment managers reported holding REFI (CHICAGO ATLANTIC REAL ESTATE) in their latest 13F filings, with a combined reported value of $25.93M across 2.49M shares. That is +20.4% by share count (+421.30K shares) versus the previous quarter, while reported value moved +14.0%. Ownership is concentrated: the five largest holders account for 86.0% of reported value and the top ten for 94.3%.
Compared with the prior quarter, 2 opened new positions, 14 added to existing stakes, 6 trimmed, 1 exited entirely. 13F holdings are quarter-end snapshots, so these moves reflect positioning as of Q2 2026, not real-time trading.
REFI is classified in the Real Estate sector.
All figures on this page are computed from SEC Form 13F quarterly filings. 13F filers disclose long positions of $100,000 or more within 45 days of quarter end; short positions, options overlays and intra-quarter trades are not included, so treat the numbers as a quarterly snapshot of institutional ownership rather than real-time positioning.
Q2 2026 — 23 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| BlackRock Inc history | 1.72M | $18.43M | 0.00% | Add |
| Northern Trust Corp history | 146.96K | $1.58M | 0.00% | Add |
| Arrowstreet Capital history | 88.97K | $953.81K | 0.00% | New |
| Morgan Stanley history | 63.59K | $681.74K | 0.00% | Add |
| Charles Schwab Investment Management history | 61.76K | $662.11K | 0.00% | Add |
| BNY Mellon history | 53.31K | $571.46K | 0.00% | Add |
| AQR Capital Management history | 48.19K | $516.58K | 0.00% | Add |
| Renaissance Technologies history | 38.60K | $413.79K | 0.00% | Reduce |
| Invesco Ltd history | 33.41K | $358.19K | 0.00% | Add |
| Geode Capital Management history | 28.23K | $303.71K | 0.00% | Add |
| Manulife Financial history | 23.10K | $247.62K | 0.00% | Add |
| Deutsche Bank AG history | 18.43K | $197.52K | 0.00% | Add |
| Fidelity Management & Research (FMR) history | 16.35K | $175.26K | 0.00% | Reduce |
| Wells Fargo & Co history | 15.82K | $169.63K | 0.00% | Add |
| Bank of America Corp history | 14.09K | $151.06K | 0.00% | Reduce |
| Citadel Advisors history | 12.40K | $132.93K | 0.00% | Add |
| Goldman Sachs Group history | 10.40K | $111.50K | 0.00% | Reduce |
| Citigroup Inc history | 9.33K | $100.01K | 0.00% | Add |
| JPMorgan Chase & Co history | 7.93K | $87.78K | 0.00% | New |
| UBS Group AG history | 4.03K | $43.20K | 0.00% | Reduce |
| PNC Financial Services history | 3.01K | $32.22K | 0.00% | Reduce |
| Legal & General Investment Management America history | 1.64K | $17.56K | 0.00% | Hold |
| T. Rowe Price Associates history | 69.48K | $745 | 0.00% | Add |
Q1 2026 — 22 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| BlackRock Inc history | 1.43M | $16.14M | 0.00% | Reduce |
| Northern Trust Corp history | 141.47K | $1.60M | 0.00% | Add |
| Renaissance Technologies history | 51.00K | $577.32K | 0.00% | Reduce |
| Millennium Management history | 49.59K | $561.41K | 0.00% | Reduce |
| Charles Schwab Investment Management history | 49.25K | $557.53K | 0.00% | Reduce |
| Morgan Stanley history | 48.67K | $550.98K | 0.00% | Add |
| BNY Mellon history | 47.94K | $542.64K | 0.00% | Reduce |
| Invesco Ltd history | 30.09K | $340.60K | 0.00% | Reduce |
| Geode Capital Management history | 24.04K | $273.19K | 0.00% | Add |
| Manulife Financial history | 21.62K | $244.75K | 0.00% | Reduce |
| AQR Capital Management history | 18.77K | $212.49K | 0.00% | Reduce |
| Bank of America Corp history | 18.47K | $209.05K | 0.00% | Add |
| Fidelity Management & Research (FMR) history | 16.87K | $191.00K | 0.00% | Add |
| UBS Group AG history | 14.58K | $165.08K | 0.00% | Add |
| Deutsche Bank AG history | 12.95K | $146.64K | 0.00% | Hold |
| Citadel Advisors history | 11.60K | $131.31K | 0.00% | Reduce |
| Goldman Sachs Group history | 11.34K | $128.38K | 0.00% | New |
| Wells Fargo & Co history | 6.86K | $77.64K | 0.00% | Reduce |
| PNC Financial Services history | 6.18K | $69.99K | 0.00% | Add |
| Legal & General Investment Management America history | 1.64K | $18.54K | 0.00% | Hold |
| Citigroup Inc history | 1.31K | $14.88K | 0.00% | Reduce |
| T. Rowe Price Associates history | 56.96K | $645 | 0.00% | Add |
Q4 2025 — 24 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| BlackRock Inc history | 1.44M | $17.66M | 0.00% | Add |
| Vanguard Group history | 942.42K | $11.55M | 0.00% | Hold |
| Millennium Management history | 159.29K | $1.95M | 0.00% | Reduce |
| Northern Trust Corp history | 135.70K | $1.66M | 0.00% | Reduce |
| Citadel Advisors history | 80.46K | $986.48K | 0.00% | New |
| Renaissance Technologies history | 55.60K | $681.66K | 0.00% | Reduce |
| Charles Schwab Investment Management history | 54.90K | $673.02K | 0.00% | Hold |
| JPMorgan Chase & Co history | 52.08K | $638.51K | 0.00% | Add |
| BNY Mellon history | 48.28K | $591.95K | 0.00% | Hold |
| Morgan Stanley history | 36.74K | $450.48K | 0.00% | Reduce |
| Invesco Ltd history | 30.83K | $378.01K | 0.00% | Add |
| AQR Capital Management history | 25.07K | $307.42K | 0.00% | Reduce |
| Manulife Financial history | 22.17K | $271.83K | 0.00% | Reduce |
| Geode Capital Management history | 21.62K | $265.54K | 0.00% | Add |
| Wells Fargo & Co history | 20.35K | $249.52K | 0.00% | Add |
| Fidelity Management & Research (FMR) history | 15.76K | $193.22K | 0.00% | Add |
| Bank of America Corp history | 13.49K | $165.45K | 0.00% | Add |
| Deutsche Bank AG history | 12.95K | $158.82K | 0.00% | Add |
| Citigroup Inc history | 11.00K | $134.82K | 0.00% | Reduce |
| Two Sigma Investments history | 10.63K | $130.35K | 0.00% | Reduce |
| UBS Group AG history | 5.40K | $66.18K | 0.00% | Reduce |
| Legal & General Investment Management America history | 1.64K | $20.08K | 0.00% | Hold |
| PNC Financial Services history | 1.58K | $19.42K | 0.00% | Add |
| T. Rowe Price Associates history | 52.20K | $640 | 0.00% | Add |
Q3 2025 — 23 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| BlackRock Inc history | 1.42M | $18.12M | 0.00% | Reduce |
| Vanguard Group history | 941.00K | $12.04M | 0.00% | Add |
| Millennium Management history | 184.70K | $2.36M | 0.00% | Add |
| Northern Trust Corp history | 141.96K | $1.82M | 0.00% | Add |
| Renaissance Technologies history | 95.00K | $1.22M | 0.00% | Reduce |
| Charles Schwab Investment Management history | 54.97K | $703.07K | 0.00% | Reduce |
| Morgan Stanley history | 53.77K | $687.76K | 0.00% | Add |
| BNY Mellon history | 48.20K | $616.49K | 0.00% | Add |
| JPMorgan Chase & Co history | 47.91K | $612.76K | 0.00% | Add |
| AQR Capital Management history | 38.63K | $494.04K | 0.00% | Add |
| Invesco Ltd history | 26.13K | $334.24K | 0.00% | Add |
| Manulife Financial history | 22.61K | $289.23K | 0.00% | Reduce |
| Geode Capital Management history | 20.83K | $266.98K | 0.00% | Add |
| UBS Group AG history | 19.78K | $253.01K | 0.00% | Reduce |
| Two Sigma Investments history | 16.10K | $205.89K | 0.00% | Reduce |
| Wells Fargo & Co history | 13.92K | $178.02K | 0.00% | Add |
| Citigroup Inc history | 12.32K | $157.64K | 0.00% | Add |
| Deutsche Bank AG history | 9.56K | $122.23K | 0.00% | Hold |
| Bank of America Corp history | 6.84K | $87.46K | 0.00% | Reduce |
| Fidelity Management & Research (FMR) history | 6.27K | $80.24K | 0.00% | Add |
| Legal & General Investment Management America history | 1.64K | $20.95K | 0.00% | Hold |
| PNC Financial Services history | 406 | $5.19K | 0.00% | New |
| T. Rowe Price Associates history | 40.32K | $516 | 0.00% | Add |
Q2 2025 — 29 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| BlackRock Inc history | 1.43M | $19.96M | 0.00% | Reduce |
| BlackRock Inc history | 1.43M | $19.96M | 0.00% | Reduce |
| Vanguard Group history | 921.77K | $12.87M | 0.00% | Add |
| Millennium Management history | 157.95K | $2.20M | 0.00% | New |
| Northern Trust Corp history | 138.10K | $1.93M | 0.00% | Reduce |
| Renaissance Technologies history | 98.20K | $1.37M | 0.00% | Add |
| Renaissance Technologies history | 98.20K | $1.37M | 0.00% | Add |
| Charles Schwab Investment Management history | 56.41K | $787.41K | 0.00% | Add |
| Morgan Stanley history | 48.06K | $670.97K | 0.00% | Reduce |
| Morgan Stanley history | 48.06K | $670.97K | 0.00% | Reduce |
| BNY Mellon history | 47.73K | $666.36K | 0.00% | Add |
| Two Sigma Investments history | 39.62K | $553.07K | 0.00% | Reduce |
| Two Sigma Investments history | 39.62K | $553.07K | 0.00% | Reduce |
| Manulife Financial history | 23.27K | $324.92K | 0.00% | Add |
| UBS Group AG history | 22.88K | $319.46K | 0.00% | Add |
| JPMorgan Chase & Co history | 21.45K | $299.45K | 0.00% | Reduce |
| JPMorgan Chase & Co history | 21.45K | $299.45K | 0.00% | Reduce |
| Invesco Ltd history | 20.38K | $284.45K | 0.00% | Add |
| AQR Capital Management history | 19.59K | $273.49K | 0.00% | New |
| Geode Capital Management history | 18.37K | $256.94K | 0.00% | Add |
| Citigroup Inc history | 12.08K | $168.58K | 0.00% | Reduce |
| Wells Fargo & Co history | 11.14K | $155.46K | 0.00% | Add |
| Deutsche Bank AG history | 9.56K | $133.42K | 0.00% | Reduce |
| Deutsche Bank AG history | 9.56K | $133.42K | 0.00% | Reduce |
| Bank of America Corp history | 7.05K | $98.38K | 0.00% | Reduce |
| Fidelity Management & Research (FMR) history | 1.81K | $25.25K | 0.00% | Reduce |
| Fidelity Management & Research (FMR) history | 1.81K | $25.25K | 0.00% | Reduce |
| Legal & General Investment Management America history | 1.64K | $22.87K | 0.00% | Reduce |
| T. Rowe Price Associates history | 22.23K | $311 | 0.00% | Reduce |
Q1 2025 — 32 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| BlackRock Inc history | 1.51M | $22.23M | 0.00% | Add |
| BlackRock Inc history | 1.51M | $22.23M | 0.00% | Add |
| Vanguard Group history | 904.42K | $13.30M | 0.00% | Hold |
| Northern Trust Corp history | 142.62K | $2.10M | 0.00% | Reduce |
| Two Sigma Investments history | 142.20K | $2.09M | 0.01% | Add |
| Two Sigma Investments history | 142.20K | $2.09M | 0.01% | Add |
| Renaissance Technologies history | 83.20K | $1.22M | 0.00% | Reduce |
| Renaissance Technologies history | 83.20K | $1.22M | 0.00% | Reduce |
| Deutsche Bank AG history | 75.44K | $1.11M | 0.00% | Add |
| Deutsche Bank AG history | 75.44K | $1.11M | 0.00% | Add |
| Morgan Stanley history | 61.67K | $906.61K | 0.00% | Reduce |
| Morgan Stanley history | 61.67K | $906.61K | 0.00% | Reduce |
| Charles Schwab Investment Management history | 51.40K | $755.51K | 0.00% | Hold |
| BNY Mellon history | 45.72K | $672.07K | 0.00% | Add |
| Arrowstreet Capital history | 34.97K | $514.07K | 0.00% | New |
| JPMorgan Chase & Co history | 34.88K | $512.77K | 0.00% | Reduce |
| JPMorgan Chase & Co history | 34.88K | $512.77K | 0.00% | Reduce |
| Citadel Advisors history | 27.10K | $398.33K | 0.00% | Reduce |
| Citadel Advisors history | 27.10K | $398.33K | 0.00% | Reduce |
| Manulife Financial history | 22.24K | $326.99K | 0.00% | Reduce |
| Citigroup Inc history | 20.02K | $294.28K | 0.00% | Add |
| Geode Capital Management history | 16.92K | $249.42K | 0.00% | Add |
| Bank of America Corp history | 15.64K | $229.98K | 0.00% | Reduce |
| Invesco Ltd history | 12.62K | $185.49K | 0.00% | New |
| Franklin Resources history | 12.24K | $179.87K | 0.00% | New |
| UBS Group AG history | 11.71K | $172.08K | 0.00% | Reduce |
| Wells Fargo & Co history | 10.43K | $153.26K | 0.00% | Add |
| Legal & General Investment Management America history | 4.38K | $64.44K | 0.00% | Hold |
| Fidelity Management & Research (FMR) history | 1.82K | $26.82K | 0.00% | Add |
| Fidelity Management & Research (FMR) history | 1.82K | $26.82K | 0.00% | Add |
| T. Rowe Price Associates history | 38.58K | $568 | 0.00% | Add |
| Lazard Asset Management history | 34 | $0 | — | New |
New Positions (Q2 2026)
- Arrowstreet Capital 88.97K sh · $953.81K
- JPMorgan Chase & Co 7.93K sh · $87.78K
Fully Exited (vs previous quarter)
- Millennium Management sold 49.59K sh · $561.41K
Fund Position History — shares by quarter (top 20 funds)
| Fund | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BlackRock Inc | 1.72M | 1.43M | 1.44M | 1.42M | 1.43M | 1.51M | 1.44M | 1.47M | — | — | — | — | — | — | — | — | — | — | — |
| Northern Trust Corp | 146.96K | 141.47K | 135.70K | 141.96K | 138.10K | 142.62K | 149.80K | 136.69K | 133.53K | 135.04K | 141.02K | 133.18K | 110.92K | 40.71K | 39.13K | 44.21K | 55.62K | 51.33K | — |
| Arrowstreet Capital | 88.97K | — | — | — | — | 34.97K | — | — | 20.76K | 47.33K | 18.26K | — | — | — | — | — | — | — | — |
| Morgan Stanley | 63.59K | 48.67K | 36.74K | 53.77K | 48.06K | 61.67K | 67.89K | 75.02K | 44.75K | 47.29K | 56.10K | 37.95K | 38.30K | 19.64K | 17.63K | 17.25K | 15.53K | 32.19K | 4.52K |
| Charles Schwab Investment Management | 61.76K | 49.25K | 54.90K | 54.97K | 56.41K | 51.40K | 51.33K | 48.98K | 48.97K | 46.79K | 46.79K | 48.51K | 40.25K | 12.43K | 14.82K | 14.82K | 18.02K | 16.13K | — |
| BNY Mellon | 53.31K | 47.94K | 48.28K | 48.20K | 47.73K | 45.72K | 45.09K | 45.57K | 59.22K | 50.72K | 53.75K | 54.37K | 42.30K | 16.74K | 17.06K | 18.53K | 17.79K | 13.82K | — |
| AQR Capital Management | 48.19K | 18.77K | 25.07K | 38.63K | 19.59K | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Renaissance Technologies | 38.60K | 51.00K | 55.60K | 95.00K | 98.20K | 83.20K | 87.69K | 98.01K | 36.30K | 30.90K | 28.50K | 32.90K | 99.70K | 57.12K | 44.42K | — | — | 17.20K | — |
| Invesco Ltd | 33.41K | 30.09K | 30.83K | 26.13K | 20.38K | 12.62K | — | — | 23.90K | 19.53K | 18.79K | 11.99K | 10.74K | — | — | — | — | — | — |
| Geode Capital Management | 28.23K | 24.04K | 21.62K | 20.83K | 18.37K | 16.92K | 12.98K | 12.32K | 11.92K | — | — | — | — | — | — | — | — | — | — |
| Manulife Financial | 23.10K | 21.62K | 22.17K | 22.61K | 23.27K | 22.24K | 22.37K | 21.68K | 20.34K | 19.95K | 20.57K | 19.93K | 19.93K | 12.91K | 12.91K | 12.80K | 12.80K | — | — |
| Deutsche Bank AG | 18.43K | 12.95K | 12.95K | 9.56K | 9.56K | 75.44K | 9.56K | 4.99K | 4.99K | 6.85K | 6.85K | 33.51K | 39.87K | 32.49K | 31.68K | 31.65K | 32.30K | 3.35K | — |
| Fidelity Management & Research (FMR) | 16.35K | 16.87K | 15.76K | 6.27K | 1.81K | 1.82K | 1.53K | 388 | 210 | 209 | 327 | — | — | — | — | — | — | — | — |
| Wells Fargo & Co | 15.82K | 6.86K | 20.35K | 13.92K | 11.14K | 10.43K | 10.19K | 7.76K | 7.43K | 5.77K | 5.03K | 4.04K | 6.15K | 957 | — | 6 | — | — | — |
| Bank of America Corp | 14.09K | 18.47K | 13.49K | 6.84K | 7.05K | 15.64K | 15.77K | 10.64K | 10.42K | 9.09K | 29.24K | 21.32K | 13.34K | 5.38K | 6.84K | 5.83K | 21.52K | 3.07K | — |
| Citadel Advisors | 12.40K | 11.60K | 80.46K | — | — | 27.10K | 28.00K | 44.86K | 64.50K | 68.74K | 58.80K | — | 36.62K | 65.65K | — | — | — | — | — |
| Goldman Sachs Group | 10.40K | 11.34K | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 31.33K |
| Citigroup Inc | 9.33K | 1.31K | 11.00K | 12.32K | 12.08K | 20.02K | 18.66K | 22.08K | 13.26K | 11.81K | 3.34K | 942 | 5.61K | 1.21K | 125 | 159 | 487 | 259 | — |
| JPMorgan Chase & Co | 7.93K | — | 52.08K | 47.91K | 21.45K | 34.88K | 65.47K | 34.07K | 12.66K | 33.93K | 20.11K | 11.11K | 13.55K | 23 | 3.08K | 2.95K | 3.67K | 2.81K | — |
| UBS Group AG | 4.03K | 14.58K | 5.40K | 19.78K | 22.88K | 11.71K | 13.90K | 13.30K | 9.88K | 21.57K | 23.96K | 16.03K | 7.13K | 1.89K | 1.64K | — | — | 3.18K | — |
▲ Bought Low (fund opened/added, stock rose ≥5% next quarter) ▼ Sold High (fund reduced, stock fell ≥5% next quarter)
Drag / scroll to zoom · Default shows the most recent year · Annotations come from quarterly fund actions in 13F filings · Hover a marker for details