Carlson Capital’s Pennsylvania Real Estate Investment Trust PEI Stock Holding History

Carlson Capital’s Portfolio PEI Stock Details PEI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-184,964	Closed	-$65.1M	–	415
2014 Q4	$65.1M	Sell	184,964 -134,399	-42%	-$44.1M	0.64%	44
2014 Q3	$95.5M	Sell	319,363 -24,980	-7%	-$7.37M	1.03%	13
2014 Q2	$97.2M	Buy	344,343 +64,353	+23%	+$17M	1.07%	10
2014 Q1	$75.8M	Buy	279,990 +89,965	+47%	+$25M	0.88%	22
2013 Q4	$54.1M	Buy	190,025 +61,000	+47%	+$16.7M	0.61%	51
2013 Q3	$36.2M	Buy	129,025 +73,545	+133%	+$21.5M	0.49%	58
2013 Q2	$15.7M	Buy	+55,480	New	+$16.4M	0.19%	172

Other funds holding PEI

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Cohen & Steers New York $57.6B AUM 8.03% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

CIMLRA

CBRE Investment Management Listed Real Assets Radnor, Pennsylvania $6.75B AUM 8.88% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $303B AUM 30.15% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Teachers Advisors New York $81.7B AUM 13.62% 1-Year Est. Return

Carlson Capital's PEI Position: Q1 2015 in Review

Carlson Capital sold out of Pennsylvania Real Estate Investment Trust (PEI) in Q1 2015, closing a stake of 184,964 shares — an estimated $65.1M sold.

Carlson Capital first reported a position in PEI in Q2 2013 and held it in 7 quarters. The position peaked at $97.2M in Q2 2014. 175 funds tracked by Wall St. Rank hold PEI as of Q1 2015.

Carlson Capital reported no remaining Pennsylvania Real Estate Investment Trust position as of Q1 2015 after selling out during the quarter.
Carlson Capital sold 184,964 Pennsylvania Real Estate Investment Trust shares in Q1 2015, an estimated $65.1M.
Carlson Capital first reported a position in Pennsylvania Real Estate Investment Trust in Q2 2013 and held it in 7 quarters.
Carlson Capital's Pennsylvania Real Estate Investment Trust position peaked at $97.2M in Q2 2014.
175 funds tracked by Wall St. Rank held Pennsylvania Real Estate Investment Trust as of Q1 2015.

Based on Carlson Capital's 13F filing for Q1 2015, filed 14 May 2015.