Chicago Atlantic Real Estate Finance, Inc.
Ownership
Ownership Structure
Who owns Chicago Atlantic Real Estate Finance, Inc. (REFI)? This page shows the largest institutions and funds, the ownership structure and the latest insider transactions. 88.5% of the shares are freely tradable; institutional investors hold 32.4%.
Largest Shareholders
Institutions
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| BlackRock Inc | 5.56 | 1,425,571 | -1.1 | 03/31/2026 |
| Fielder Capital Group LLC | 3.75 | 959,800 | +15.3 | 03/31/2026 |
| Vanguard Capital Management, LLC | 2.84 | 727,853 | +0.0 | 03/31/2026 |
| State Street Corp | 1.99 | 510,533 | -3.3 | 03/31/2026 |
| Van Eck Associates Corporation | 0.92 | 236,157 | +0.0 | 03/31/2026 |
Funds
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Vanguard MStar Total Stk Mkt Idx Invest | 2.23 | 570,761 | +0.0 | 07/31/2026 |
| iShares Russell 2000 ETF | 2.11 | 540,051 | -0.6 | 08/31/2026 |
| iShares Mortgage Real Estate Capped ETF | 0.92 | 234,794 | +0.0 | 08/31/2026 |
| Vanguard Institutional Extnd Mkt Idx Tr | 0.80 | 204,189 | +2.6 | 07/31/2026 |
| iShares Russell 2000 Value ETF | 0.78 | 198,810 | -0.2 | 08/31/2026 |
Largest reported positions according to regulatory filings; stake as a percentage of shares outstanding, change versus the previous filing. Source: fundamentals data.
Insider holdings
| Person | Role | Shares | Value | As of | Type |
|---|---|---|---|---|---|
| Mazarakis John | Executive Chairman | 526,562 | 5,897,494 $ | Aug 27, 2026 | direct |
| Cappell Anthony | Co-Chief Executive Officer | 466,706 | 5,227,107 $ | Aug 17, 2026 | direct |
| Sack Peter | Co-Chief Executive Officer | 123,356 | 1,381,587 $ | Aug 19, 2026 | direct |
Holdings as of each person's most recent SEC Form 4 filing — excluding options and RSUs, which are not shares yet. Holdings may have changed between two filings.
Insiders
Insider Transactions
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Aug 27, 2026 | Mazarakis John | Executive Chairman | Buy | 7,530 | 10.67 | 80,345 |
| Aug 26, 2026 | Mazarakis John | Executive Chairman | Buy | 40,181 | 10.67 | 428,595 |
| Aug 21, 2026 | Mazarakis John | Executive Chairman | Buy | 145 | 10.67 | 1,547 |
| Aug 19, 2026 | Sack Peter | Co-Chief Executive Officer | Buy | 2,000 | 10.39 | 20,780 |
| Aug 19, 2026 | Sack Peter | Co-Chief Executive Officer | Buy | 1,500 | 10.53 | 15,795 |
| Aug 18, 2026 | Sack Peter | Co-Chief Executive Officer | Buy | 1,500 | 10.43 | 15,645 |
| Aug 17, 2026 | Mazarakis John | Executive Chairman | Buy | 25,000 | 10.25 | 256,325 |
| Aug 17, 2026 | Cappell Anthony | Co-Chief Executive Officer | Buy | 45,000 | 10.41 | 468,225 |
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character. View all insider transactions →
Data as of: September 17, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.