CHICAGO ATLANTIC REAL ESTATECOM (REFI)
Institutional ownership reported to the SEC as of Q2 2026, across 20 quarters.
Institutions report 6,925,585 shares against 25,621,146 outstanding. Shares only - option lines are excluded, which is why this can be compared with the company at all. The count comes from the cover page of the company's own most recent report, so it is dated when that was filed rather than at quarter end.
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| BlackRock, Inc. | $18.4M | 1,719,049 | 0.00% | 8q | +20.6%+$3.1M |
| Fielder Capital Group LLC | $10.5M | 982,283 | 2.28% | 9q | +2.3%+$241.0K |
| VANGUARD CAPITAL MANAGEMENT LLC | $8.5M | 788,254 | 0.00% | 2q | +8.3%+$647.5K |
| STATE STREET CORP | $5.6M | 499,188 | 0.00% | 18q | -2.2%-$126.8K |
| SEGALL BRYANT & HAMILL, LLC | $2.0M | 188,621 | 0.02% | new | NEW |
| CDC Financial, Inc. | $1.8M | 163,704 | 0.73% | 3q | +15.7%+$237.5K |
| Clayton Partners LLC | $1.7M | 155,344 | 1.09% | 4q | +3.3%+$53.6K |
| Corient Private Wealth LP | $1.6M | 152,719 | 0.00% | 8q | -2.2%-$37.5K |
| NORTHERN TRUST CORP | $1.6M | 146,958 | 0.00% | 18q | +3.9%+$58.8K |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1.3M | 125,772 | 0.00% | 2q | +20.5%+$229.8K |
| VANGUARD FIDUCIARY TRUST CO | $1.2M | 115,888 | 0.00% | 2q | +1.4%+$17.1K |
| Connor, Clark & Lunn Investment Management Ltd. | $1.2M | 113,810 | 0.00% | 13q | -2.1%-$26.4K |
| DOLIVER ADVISORS, LP | $1.2M | 111,008 | 0.27% | 8q | -0.7%-$8.6K |
| Penserra Capital Management LLC | $1.2M | 108,882 | 0.01% | 10q | +14.9%+$151.1K |
| OSAIC HOLDINGS, INC. | $978.4K | 91,265 | 0.00% | 7q | +8.6%+$77.3K |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $953.8K | 88,975 | 0.00% | new | NEW |
| INTREPID CAPITAL MANAGEMENT INC | $792.4K | 73,922 | 0.28% | 14q | HELD |
| PRICE T ROWE ASSOCIATES INC /MD/ | $745.0K | 69,485 | 0.00% | 11q | +22.0%+$134.3K |
| MORGAN STANLEY | $681.7K | 63,595 | 0.00% | 19q | +30.7%+$160.0K |
| Odyssean, LLC | $678.5K | 63,292 | 0.11% | 3q | +387.8%+$539.4K |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $662.1K | 61,764 | 0.00% | 18q | +25.4%+$134.1K |
| COMMONWEALTH EQUITY SERVICES, LLC | $621.5K | 57,975 | 0.00% | 18q | +13.0%+$71.4K |
| Quantinno Capital Management LP | $598.5K | 55,827 | 0.00% | 5q | -26.1%-$211.6K |
| Bank of New York Mellon Corp | $571.5K | 53,308 | 0.00% | 18q | +11.2%+$57.6K |
| RAYMOND JAMES FINANCIAL INC | $521.2K | 48,623 | 0.00% | new | NEW |
| AQR CAPITAL MANAGEMENT LLC | $516.6K | 48,189 | 0.00% | 5q | +156.7%+$315.4K |
| Atom Investors LP | $453.6K | 42,314 | 0.04% | new | NEW |
| Magnus Financial Group LLC | $426.9K | 39,818 | 0.03% | 7q | +21.6%+$76.0K |
| RENAISSANCE TECHNOLOGIES LLC | $413.8K | 38,600 | 0.00% | 15q | -24.3%-$132.9K |
| Sage Mountain Advisors LLC | $367.5K | 34,284 | 0.02% | 17q | -65.3%-$690.9K |
| Invesco Ltd. | $358.2K | 33,413 | 0.00% | 6q | +11.1%+$35.6K |
| Tidal Investments LLC | $357.5K | 33,345 | 0.00% | 2q | -13.7%-$56.6K |
| United Advisor Group, LLC | $354.3K | 33,050 | 0.04% | 4q | +38.0%+$97.6K |
| GEODE CAPITAL MANAGEMENT, LLC | $303.7K | 28,235 | 0.00% | 9q | +17.4%+$45.1K |
| Nuveen, LLC | $289.9K | 27,041 | 0.00% | 6q | -12.3%-$40.5K |
| ALLIANCEBERNSTEIN L.P. | $276.3K | 24,410 | 0.00% | 9q | +14.0%+$34.0K |
| RHUMBLINE ADVISERS | $263.3K | 24,562 | 0.00% | 13q | -1.8%-$4.8K |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $247.6K | 23,099 | 0.00% | 17q | +6.8%+$15.8K |
| MML INVESTORS SERVICES, LLC | $241.5K | 22,529 | 0.00% | 2q | +88.5%+$113.4K |
| Mission Financial Group, LLC | $233.9K | 21,818 | 0.19% | 3q | +4.0%+$8.9K |
| Empowered Funds, LLC | $213.0K | 19,872 | 0.00% | 2q | -0.6%-$1.4K |
| ENVESTNET ASSET MANAGEMENT INC | $207.4K | 19,349 | 0.00% | 2q | +74.2%+$88.4K |
| Cerity Partners LLC | $205.0K | 19,120 | 0.00% | new | NEW |
| AlTi Global, Inc. | $201.4K | 17,995 | 0.00% | 11q | +3.8%+$7.4K |
| DEUTSCHE BANK AG\ | $197.5K | 18,425 | 0.00% | 18q | +42.2%+$58.6K |
| EVERETT HARRIS & CO /CA/ | $197.2K | 18,400 | 0.00% | 18q | HELD |
| Virtus Investment Advisers, LLC | $192.2K | 17,929 | 0.04% | 3q | +18.1%+$29.4K |
| BNP PARIBAS FINANCIAL MARKETS | $187.0K | 17,440 | 0.00% | 7q | +347.6%+$145.2K |
| FMR LLC | $175.3K | 16,349 | 0.00% | 11q | -3.1%-$5.6K |
| WELLS FARGO & COMPANY/MN | $169.6K | 15,824 | 0.00% | 14q | +130.7%+$96.1K |
| MERCER GLOBAL ADVISORS INC /ADV | $157.8K | 14,717 | 0.00% | 3q | +10.2%+$14.6K |
| BANK OF AMERICA CORP /DE/ | $151.1K | 14,091 | 0.00% | 18q | -23.7%-$46.9K |
| CITADEL ADVISORS LLC | $132.9K PUT | options only | 0.00% | 3q | OPTIONS |
| Y-Intercept (Hong Kong) Ltd | $131.6K | 12,279 | 0.00% | new | NEW |
| Russell Investments Group, Ltd. | $121.5K | 11,332 | 0.00% | 14q | +394.2%+$96.9K |
| GOLDMAN SACHS GROUP INC | $111.5K | 10,401 | 0.00% | 2q | -8.3%-$10.1K |
| HB Wealth Management, LLC | $110.1K | 10,270 | 0.00% | 2q | +1.0%+$1.1K |
| MetLife Investment Management, LLC | $106.8K | 9,960 | 0.00% | 13q | HELD |
| CITIGROUP INC | $100.0K | 9,329 | 0.00% | 18q | +609.4%+$85.9K |
| Eurizon Capital SGR S.p.A. | $94.6K | 8,534 | 0.00% | 3q | HELD |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $93.3K | 8,700 | 0.00% | 9q | +0.7% |
| JPMORGAN CHASE & CO | $87.8K | 7,930 | 0.00% | 18q | +7.3%+$6.0K |
| SIMPLEX TRADING, LLC | $82.5K incl. $12.9K options CALL | 6,497 | 0.00% | 2q | -61.8%-$133.7K |
| Vanguard Global Advisers, LLC | $69.0K | 6,440 | 0.00% | 2q | HELD |
| NEW YORK STATE COMMON RETIREMENT FUND | $64.7K | 6,038 | 0.00% | 18q | HELD |
| Police & Firemen's Retirement System of New Jersey | $46.6K | 4,346 | 0.00% | 7q | HELD |
| UBS Group AG | $43.2K | 4,030 | 0.00% | 15q | -72.4%-$113.1K |
| STRS OHIO | $34.3K | 3,200 | 0.00% | 18q | HELD |
| PNC Financial Services Group, Inc. | $32.2K | 3,006 | 0.00% | 4q | -51.4%-$34.1K |
| BARCLAYS PLC | $30.2K | 2,815 | 0.00% | 18q | -16.5%-$5.9K |
| Geneos Wealth Management Inc. | $25.0K | 2,330 | 0.00% | 11q | HELD |
| GAMMA Investing LLC | $19.4K | 1,808 | 0.00% | 11q | +111.7%+$10.2K |
| MCF Advisors LLC | $17.8K | 1,664 | 0.00% | new | NEW |
| Legal & General Group Plc | $17.6K | 1,638 | 0.00% | 18q | HELD |
| GROUP ONE TRADING LLC | $16.1K CALL | options only | 0.00% | 3q | OPTIONS |
| ROYAL BANK OF CANADA | $16.0K | 1,550 | 0.00% | 18q | +13990.9%+$15.9K |
| Ameritas Investment Partners, Inc. | $14.5K | 1,352 | 0.00% | 18q | HELD |
| Arax Advisory Partners | $14.1K | 1,316 | 0.00% | 2q | +1075.0%+$12.9K |
| Tower Research Capital LLC (TRC) | $12.5K | 1,169 | 0.00% | 18q | +2.0% |
| NISA INVESTMENT ADVISORS, LLC | $7.5K | 672 | 0.00% | 18q | -88.7%-$58.8K |
| Westside Investment Management, Inc. | $5.4K | 500 | 0.00% | 10q | HELD |
| Sterling Capital Management LLC | $4.1K | 381 | 0.00% | 8q | -36.6%-$2.4K |
| HARBOR CAPITAL ADVISORS, INC. | $4.0K | 335 | 0.00% | 8q | HELD |
| Atlantic Union Bankshares Corp | $3.8K | 352 | 0.00% | 4q | HELD |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $2.7K | 255 | 0.00% | 4q | -74.0%-$7.8K |
| Triumph Capital Management | $2.7K | 250 | 0.00% | 3q | HELD |
| Larson Financial Group LLC | $1.9K | 173 | 0.00% | new | NEW |
| IFP Advisors, Inc | $1.8K | 170 | 0.00% | 5q | +4150.0%+$1.8K |
| Allworth Financial LP | $1.7K | 160 | 0.00% | 5q | +310.3%+$1.3K |
| Silver Grove Financial Group, Inc. | $1.3K | 121 | 0.00% | new | NEW |
| Covestor Ltd | $1.0K | 95 | 0.00% | 10q | +43.9% |
| EverSource Wealth Advisors, LLC | $977 | 91 | 0.00% | 7q | +237.0% |
| Allied Private Wealth LLC | $747 | 70 | 0.00% | new | FIRST |
| True Wealth Design, LLC | $536 | 50 | 0.00% | 7q | +2400.0% |
| ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ | $515 | 48 | 0.00% | 2q | -20.0% |
| Physician Wealth Advisors, Inc. | $472 | 44 | 0.00% | new | NEW |
| Ares Financial Consulting, LLC | $472 | 44 | 0.00% | 3q | HELD |
| ROTHSCHILD INVESTMENT LLC | $418 | 39 | 0.00% | 4q | +1850.0% |
| Essential Partners LLC | $375 | 35 | 0.00% | 5q | -38.6% |
| Farther Finance Advisors, LLC | $322 | 30 | 0.00% | new | NEW |
Showing the largest 100 of 102 reported holders.
What the insiders did
Open market purchases and sales reported on Form 4 in the last 180 days. Grants, option exercises and shares surrendered to cover tax are left out: they are compensation rather than a decision to buy or sell. Where a broker filled one order in tranches the lines are summed, because it was one decision.
Officers and directors
| Date | Insider | Role | Side | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-17 | Cappell Anthony | Co-Chief Executive Officer | Bought | 45,000 | $468.2K |
| 2026-08-26 | Mazarakis John | Executive Chairman | Bought | 40,181 | $428.6K |
| 2026-08-17 | Mazarakis John | Executive Chairman | Bought | 25,000 | $256.3K |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 20 | $2.6M | 257,774 | 5 | 9 | 3 | 0.0% |
| Q2 2026 | 102 | $74.7M | 6,925,585 | 14 | 47 | 23 | 0.2% |
| Q1 2026 | 102 | $72.4M | 6,327,594 | 17 | 28 | 32 | 0.7% |
| Q4 2025 | 101 | $83.8M | 6,757,997 | 15 | 34 | 30 | 0.9% |
| Q3 2025 | 98 | $86.2M | 6,668,129 | 17 | 34 | 26 | 0.8% |
| Q2 2025 | 97 | $88.7M | 6,318,283 | 12 | 33 | 31 | 0.2% |
| Q1 2025 | 109 | $97.8M | 6,615,318 | 16 | 32 | 34 | 0.4% |
| Q4 2024 | 105 | $112.4M | 7,238,338 | 18 | 40 | 22 | 0.4% |
| Q3 2024 | 99 | $98.2M | 6,272,613 | 19 | 37 | 20 | 0.8% |
| Q2 2024 | 91 | $88.2M | 5,670,562 | 14 | 33 | 25 | 1.1% |
| Q1 2024 | 92 | $91.6M | 5,685,332 | 16 | 25 | 23 | 2.0% |
| Q4 2023 | 85 | $77.6M | 4,689,319 | 14 | 33 | 19 | 1.9% |
| Q3 2023 | 73 | $67.6M | 4,583,209 | 10 | 29 | 21 | 0.0% |
| Q2 2023 | 72 | $68.1M | 4,469,350 | 14 | 40 | 9 | 0.4% |
| Q1 2023 | 64 | $49.2M | 3,612,119 | 20 | 20 | 14 | 0.4% |
| Q4 2022 | 48 | $52.9M | 3,486,048 | 10 | 15 | 7 | 0.0% |
| Q3 2022 | 41 | $39.7M | 2,746,393 | 9 | 15 | 12 | 0.0% |
| Q2 2022 | 39 | $36.2M | 2,393,941 | 9 | 20 | 6 | 0.0% |
| Q1 2022 | 41 | $45.9M | 2,573,469 | 33 | 5 | 2 | 0.0% |
| Q4 2021 | 20 | $280.3M | 16,843,960 | 19 | 0 | 0 | 0.0% |
