NASDAQ · REFI

Chicago Atlantic Real Estate Finance, Inc.

Closing price · Nov 13, 2026 $8.61

Last insider buy price $10.67 Paid by Executive Chairman, Director John Mazarakis on Aug 27, 2026 (Form 4). Not today's price.

Latest quarter · ended Sep 30, 2026

Cash got weaker

descriptionFiled Nov 10, 2026

Cash from operationsWorse

$7.08M

Dec '24Sep '26

−13% from $8.19M a year ago

Share countDiluting

+21.6%

Dec '24Sep '26

25.62M shares vs. 21.08M a year ago

Numbers come from the company's own 10-Q and 10-K reports filed with the SEC. Each bar is one quarter, oldest on the left. The colored bar is the latest. Hover over or tap a bar to see its number.

Smart money pulse

What insiders and funds are doing

Buying Insiders: as of Nov 13 Funds: as of Jun 30, 2026

account_balance
3 funds bought, 1 sold in the quarter ended Jun 30, 2026, counting funds that hold 500 stocks or fewer and $1M+ of this one. Index funds and banks are left out.
info
No real insider sales in 12 months. Planned 10b5-1 sales and tax withholding are left out.

−100 means everyone selling, +100 everyone buying. This is data, not advice.

How the Pulse works

Pulse runs from −100 (everyone selling) to +100 (everyone buying). Half comes from insiders: real buyers vs. real sellers in the last 90 days (Form 4). Half comes from funds: funds that bought vs. funds that sold last quarter (13F). 13F is a snapshot of long positions on the last day of the quarter, filed up to 45 days later. It does not show short positions or trades since then.

Who owns it

103 funds report owning REFI, up from 100

Holdings as of Jun 30, 2026

New18

Added42

Held23

Trimmed20

Sold out15

Last quarter

Who bought and who sold

Apr–Jun 2026

Fielder Capital Group LLC

+2%

CDC Financial, Inc.

+16%

Clayton Partners LLC

+3%

Sage Mountain Advisors LLC

−65%

Change in shares held from Mar 31 to Jun 30, 2026, biggest holdings first. Only funds that hold 500 stocks or fewer and $1M+ of this one: index funds and banks own almost everything, so their changes say little. Bars stop at ±100%.

Insider trades · last 12 months

Real buys and sales

● Open-market buy● Open-market sale

Last 6 months. A wider screen shows 12.

Showing 7 real trades. Hidden: 8 stock grants. Those happen on a schedule and say little about what an insider thinks. Bigger dot means a bigger trade.

Real trades, newest first

Aug 27 John Mazarakis Executive Chairman, Director Open-market buy $80.3K 7,530 sh at $10.67

Aug 26 John Mazarakis Executive Chairman, Director Open-market buy $429K 40,181 sh at $10.67

Aug 21 John Mazarakis Executive Chairman, Director Open-market buy $1.55K 145 sh at $10.67

Aug 19 Peter Sack Past buys: 0 of 3 beat Co-CEO, Director Open-market buy $36.6K 3,500 sh at $10.45

Aug 18 Peter Sack Past buys: 0 of 3 beat Co-CEO, Director Open-market buy $15.6K 1,500 sh at $10.43

Aug 17 Anthony Cappell Co-CEO, Director Open-market buy $468K 45,000 sh at $10.41

Aug 17 John Mazarakis Executive Chairman, Director Open-market buy $256K 25,000 sh at $10.25

"Past buys: 2 of 3 beat" means this insider bought stock in 3 earlier quarters, and in 2 of them what they bought did better than the typical stock over the next 6 months. A past record is data, not a forecast.

Showing every filing. Dashed circles are routine: grants, tax withholding, option exercises and planned sales.

Top holders

Biggest funds in REFI

As of Jun 30, 2026

Fund	Owns	Value	Change
BlackRock, Inc.	6.7%	$18.4M	+21%
Fielder Capital Group LLC	3.8%	$10.5M	+2%
Vanguard Capital Management LLC	3.1%	$8.45M	+8%
State Street Corp	1.9%	$5.58M	−2%
Segall Bryant & Hamill, LLC	0.7%	$2.02M	New

"Owns" is shares reported divided by shares outstanding.