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PDM

Piedmont Realty Trust

255 hedge funds and large institutions have $776M invested in Piedmont Realty Trust in 2023 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 97 increasing their positions, 86 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 86

1.45% more ownership

Funds ownership: 82.96%84.41% (+1.5%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

8% less first-time investments, than exits

New positions opened: 35 | Existing positions closed: 38

2% less funds holding

Funds holding: 260255 (-5)

16% less capital invested

Capital invested by funds: $924M → $776M (-$149M)

72% less call options, than puts

Call options by funds: $202K | Put options by funds: $724K

Holders
255
Holders Change
-5
Holders Change %
-1.92%
% of All Funds
4.06%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
35
Increased
97
Reduced
86
Closed
38
Calls
$202K
Puts
$724K
Net Calls
-$522K
Net Calls Change
-$503K
Name Holding Trade Value Shares
Change
Change in
Stake
CIM
126
Centersquare Investment Management
Pennsylvania
$337K +$321 +35 +0.1%
Wells Fargo
127
Wells Fargo
California
$325K -$10.3K -1,117 -2%
AA
128
ALPS Advisors
Colorado
$319K -$58.2K -6,343 -13%
Zurich Cantonal Bank
129
Zurich Cantonal Bank
Switzerland
$311K +$68.6K +7,478 +21%
PCM
130
Penserra Capital Management
California
$297K +$70.3K +7,656 +23%
Royal Bank of Canada
131
Royal Bank of Canada
Ontario, Canada
$292K -$143K -15,630 -28%
YIH
132
Y-Intercept (HK)
Hong Kong
$283K +$356K +38,794 New
Franklin Resources
133
Franklin Resources
California
$278K -$49.6K -5,400 -12%
II
134
Inspire Investing
Idaho
$276K +$112K +12,209 +48%
Daiwa Securities Group
135
Daiwa Securities Group
Japan
$269K +$29.5K +3,219 +10%
FHB
136
First Hawaiian Bank
Hawaii
$266K
ASRS
137
Arizona State Retirement System
Arizona
$261K +$8.58K +935 +3%
WAM
138
Wolverine Asset Management
Illinois
$253K -$7.85K -855 -2%
MYAM
139
Meiji Yasuda Asset Management
Japan
$252K
PAMS
140
Pictet Asset Management (Switzerland)
Switzerland
$246K -$143K -15,588 -32%
RJFSA
141
Raymond James Financial Services Advisors
Florida
$237K +$5.15K +561 +2%
GWM
142
Geneos Wealth Management
Colorado
$236K -$3.26K -355 -1%
DekaBank Deutsche Girozentrale
143
DekaBank Deutsche Girozentrale
Germany
$232K +$49.3K +5,373 +20%
E
144
Ergoteles
New York
$226K +$284K +30,912 New
B
145
Bailard
California
$221K +$278K +30,305 New
HEIP
146
Hudson Edge Investment Partners
New Jersey
$219K -$5.11K -557 -2%
DFCM
147
Dark Forest Capital Management
Puerto Rico
$212K -$83.5K -9,098 -24%
CAG
148
Csenge Advisory Group
Florida
$203K +$459 +50 +0.2%
GCM
149
Graham Capital Management
Connecticut
$198K -$1.86M -202,662 -88%
Handelsbanken Fonder
150
Handelsbanken Fonder
Sweden
$194K

PDM Hedge Fund Activity: Q1 2023 in Review

255 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Piedmont Realty Trust (PDM) for Q1 2023, worth a combined $776M — down 16% from $924M a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of PDM and 35 opened new positions — a net loss of 3 holders — while 86 trimmed existing stakes and 97 added.

The largest buyer was BlackRock, adding an estimated $18.5M. The largest seller was CBRE Investment Management Listed Real Assets, cutting an estimated $22.1M.

  • 255 institutional investors held Piedmont Realty Trust (PDM) as of Q1 2023, down from 260 in Q4 2022.
  • Funds reported $776M of Piedmont Realty Trust stock for Q1 2023, down 16% quarter-over-quarter.
  • 35 funds opened new Piedmont Realty Trust positions in Q1 2023 and 38 closed out, a net change of -3 holders.
  • The largest Piedmont Realty Trust buyer in Q1 2023 was BlackRock, an estimated $18.5M added.
  • The largest Piedmont Realty Trust seller in Q1 2023 was CBRE Investment Management Listed Real Assets, an estimated $22.1M sold.

Based on aggregated 13F filings for Q1 2023.