Piedmont Realty Trust
228 hedge funds and large institutions have $2.16B invested in Piedmont Realty Trust in 2018 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 53 increasing their positions, 96 reducing their positions, and 27 closing their positions.
11% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 27
1% more funds holding
Funds holding: 225 → 228 (+3)
0.93% less ownership
Funds ownership: 88.07% → 87.14% (-0.93%)
6% less capital invested
Capital invested by funds: $2.29B → $2.16B (-$130M)
45% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 96
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIPH
NN Investment Partners Holdings
The Hague,
Netherlands
|
+$18.2M |
| 2 |
JP Morgan Chase
New York
|
+$16.4M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$13.5M |
| 4 |
KIM
Kestrel Investment Management
San Mateo,
California
|
+$7.57M |
| 5 |
Renaissance Technologies
New York
|
+$6.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$23.2M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$12.5M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$11.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$9.54M |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$7.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KCPG
251
Kavar Capital Partners Group
Leawood,
Kansas
| – | -$30K | -1,500 | Closed |
|
|
BCP
252
Blackhawk Capital Partners
Thiensville,
Wisconsin
| – | -$16K | -824 | Closed |
|
|
FIM
253
Foresters Investment Management
New York
| – | -$11K | -567 | Closed |
|
254
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$4K | -225 | Closed |
|
|
PA
255
Parallel Advisors
San Francisco,
California
| – | -$2K | -137 | Closed |
|
|
BBHC
256
Brown Brothers Harriman & Co
New York
| – | -$2K | -94 | Closed |
|
|
HNB
257
Huntington National Bank
Columbus,
Ohio
| – | +$20 | +1 | New |
|
PDM Hedge Fund Activity: Q3 2018 in Review
228 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Piedmont Realty Trust (PDM) for Q3 2018, worth a combined $2.16B — down 5.7% from $2.29B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new PDM positions and 27 closed out — a net gain of 3 holders — while 53 added to existing stakes and 96 trimmed.
The largest buyer was NN Investment Partners Holdings, opening a new position worth an estimated $18.2M. The largest seller was Goldman Sachs, cutting an estimated $23.2M.
- 228 institutional investors held Piedmont Realty Trust (PDM) as of Q3 2018, up from 225 in Q2 2018.
- Funds reported $2.16B of Piedmont Realty Trust stock for Q3 2018, down 5.7% quarter-over-quarter.
- 30 funds opened new Piedmont Realty Trust positions in Q3 2018 and 27 closed out, a net change of +3 holders.
- The largest Piedmont Realty Trust buyer in Q3 2018 was NN Investment Partners Holdings, an estimated $18.2M added.
- The largest Piedmont Realty Trust seller in Q3 2018 was Goldman Sachs, an estimated $23.2M sold.
Based on aggregated 13F filings for Q3 2018.