Piedmont Realty Trust
254 hedge funds and large institutions have $2.4B invested in Piedmont Realty Trust in 2019 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 65 increasing their positions, 88 reducing their positions, and 30 closing their positions.
53% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 30
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
7% more capital invested
Capital invested by funds: $2.25B → $2.4B (+$148M)
5% more funds holding
Funds holding: 241 → 254 (+13)
0% less ownership
Funds ownership: 85.63% → 85.63% (-0%)
26% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 88
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$23.2M |
| 2 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$17.3M |
| 3 |
Millennium Management
New York
|
+$9.51M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.87M |
| 5 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$6.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$14.1M |
| 2 |
State Street
Boston,
Massachusetts
|
-$11.5M |
| 3 |
Renaissance Technologies
New York
|
-$8.27M |
| 4 |
Morgan Stanley
New York
|
-$7.42M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$6.64M |
PDM Hedge Fund Activity: Q4 2019 in Review
254 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Piedmont Realty Trust (PDM) for Q4 2019, worth a combined $2.4B — up 6.6% from $2.25B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new PDM positions and 30 closed out — a net gain of 16 holders — while 65 added to existing stakes and 88 trimmed.
The largest buyer was Weiss Multi-Strategy Advisers, opening a new position worth an estimated $23.2M. The largest seller was Russell Investments Group, cutting an estimated $14.1M.
- 254 institutional investors held Piedmont Realty Trust (PDM) as of Q4 2019, up from 241 in Q3 2019.
- Funds reported $2.4B of Piedmont Realty Trust stock for Q4 2019, up 6.6% quarter-over-quarter.
- 46 funds opened new Piedmont Realty Trust positions in Q4 2019 and 30 closed out, a net change of +16 holders.
- The largest Piedmont Realty Trust buyer in Q4 2019 was Weiss Multi-Strategy Advisers, an estimated $23.2M added.
- The largest Piedmont Realty Trust seller in Q4 2019 was Russell Investments Group, an estimated $14.1M sold.
Based on aggregated 13F filings for Q4 2019.