NISA INVESTMENT ADVISORS, LLC REFI — CHICAGO ATLANTIC REAL ESTATE F

Ownership history in NISA INVESTMENT ADVISORS, LLC  ·  18 quarters on record

AI Ownership Summary

NISA INVESTMENT ADVISORS, LLC reported CHICAGO ATLANTIC REAL ESTATE F (REFI) in 18 quarterly 13F filings from 2024 Q1 through 2026 Q2. The latest visible filing shows REFI at 0.00% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings. Older history is available after unlock; the visible window still shows the most recent pattern.

What this REFI ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was NISA INVESTMENT ADVISORS, LLC's position in CHICAGO ATLANTIC REAL ESTATE F, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q2

REFI was reported at 0.00% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.0% in 2025 Q1

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2024 Q1 to 2026 Q2

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

REFI stock page NISA INVESTMENT ADVISORS, LLC fund profile NISA INVESTMENT ADVISORS, LLC full holdings
How NISA INVESTMENT ADVISORS, LLC held REFI — position size vs. price
% of Fund (quarterly)    REFI price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 10 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q2 REDUCED — — — 672 -5,255 -88.7% 0.00% $8K 2026-08-10 $10.23
2026 Q1 ADDED — — — 5,927 +3,403 +134.8% 0.00% $70K 2026-04-30 $11.40
2025 Q4 REDUCED 23.7% -3.8% ✅ 2,524 -786 -23.7% 0.00% $33K 2026-01-15 $11.66
2025 Q3 REDUCED 55.3% +0.0% ❌ 3,310 -4,096 -55.3% 0.00% $46K 2025-10-23 $11.59
2025 Q2 REDUCED 60.4% -6.2% ✅ 7,406 -11,285 -60.4% 0.00% $107K 2025-07-31 $11.08
2025 Q1 ADDED — — — 18,691 +13,511 +260.8% 0.00% $284K 2025-04-30 $11.95
2024 Q4 UNCHANGED — — — 5,180 — 0% 0.00% $83K 2025-01-17 $12.53
2024 Q3 REDUCED 21.2% +3.2% ❌ 5,180 -1,394 -21.2% 0.00% $83K 2024-10-24 $11.83
2024 Q2 REDUCED 27.6% +4.0% ❌ 6,574 -2,500 -27.6% 0.00% $104K 2024-07-19 $11.94
2024 Q1 UNCHANGED — — — 9,074 — 0% 0.00% $147K 2024-05-02 $11.51
8 older quarters hidden  —  Sign in free or upgrade to Premium to see full history

🏢 Other funds also holding REFI

As of 2026 Q2 — sorted by position size

Fielder Capital Group LLC 2.28% Clayton Partners LLC 3Y 1.09% CDC Financial, Inc. 0.73% INTREPID CAPITAL MANAGEMENT INC 3Y 7Y 0.28% DOLIVER ADVISORS, LP 3Y 7Y 0.27% Mission Financial Group, LLC 0.19% Odyssean, LLC 0.11% Virtus Investment Advisers, LLC 3Y 7Y 0.04% Atom Investors LP 3Y 7Y 0.04% United Advisor Group, LLC 0.04%

FAQ About NISA INVESTMENT ADVISORS, LLC and REFI

These are the practical questions this page is built to answer before you even open the full history table.

How long has NISA INVESTMENT ADVISORS, LLC reported owning REFI?

NISA INVESTMENT ADVISORS, LLC reported REFI across 10 quarterly 13F filings, from 2024 Q1 through 2026 Q2.

What was the largest reported REFI position in NISA INVESTMENT ADVISORS, LLC's portfolio?

The largest reported portfolio weight for REFI was 0.00% in 2025 Q1.

What is the latest reported REFI position on this page?

The most recent filing on this page is 2026 Q2, when NISA INVESTMENT ADVISORS, LLC reported 672 shares, equal to 0.00% of portfolio, with an estimated market value of $8K.

What does the chart on this REFI ownership page compare?

The chart compares NISA INVESTMENT ADVISORS, LLC's quarterly REFI portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did NISA INVESTMENT ADVISORS, LLC time their REFI position?

Based on 13F filing dates vs. subsequent REFI price moves, NISA INVESTMENT ADVISORS, LLC correctly timed 5 out of 13 reported position changes (38%). The annualised alpha on REFI relative to SPY over the holding period was +49.0%.

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