Top 5 Small-Cap Stocks Added to Billionaire Mario Gabelli’s Portfolio

4. KKR Real Estate Finance Trust Inc. (NYSE:KREF) 

Value of GAMCO Investors’ 13F Position: $1.04 million

Number of Hedge Fund Shareholders: 8

The number of hedge fund shareholders of KKR Real Estate Finance Trust Inc. (NYSE:KREF) in our database doubled to eight during Q4, with GAMCO Investors being one of the funds to take a new stake in the real estate financing company.

KKR Real Estate Finance Trust Inc. (NYSE:KREF) originated 37 loans in 2021, more than half of which were from repeat borrowers. The total value of KKR’s originations topped $1 billion during each of the past two quarters, and the company expects that to be the norm going forward.

KKR Real Estate Finance Trust Inc. (NYSE:KREF) pulled in GAAP net income of $0.59 per share in Q4. However, distributable earnings came in at negative $0.05 per share owing to the company writing off $0.55 per share worth of loans as realized losses.