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PDM

Piedmont Realty Trust

195 hedge funds and large institutions have $2.09B invested in Piedmont Realty Trust in 2014 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 52 increasing their positions, 92 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

3.46% more ownership

Funds ownership: 75.45%78.91% (+3.5%)

4% more capital invested

Capital invested by funds: $2.01B → $2.09B (+$79.4M)

4% less funds holding

Funds holding: 204195 (-9)

42% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 19

43% less repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 92

Holders
195
Holders Change
-9
Holders Change %
-4.41%
% of All Funds
5.63%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
52
Reduced
92
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$351M -$877K -52,337 -0.3%
Invesco
2
Invesco
Georgia
$334M +$2.88M +172,246 +0.9%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$334M +$87.9M +5,245,900 +37%
American Century Companies
4
American Century Companies
Missouri
$127M +$3.66M +218,440 +3%
SAMC
5
Shinko Asset Management Company
Japan
$127M -$1.49M -88,700 -1%
BIT
6
BlackRock Institutional Trust
California
$100M -$4.23M -252,513 -4%
Morgan Stanley
7
Morgan Stanley
New York
$60.5M -$501K -29,939 -0.8%
Goldman Sachs
8
Goldman Sachs
New York
$56.5M -$4.23M -252,270 -7%
BFA
9
BlackRock Fund Advisors
California
$40.6M +$685K +40,916 +2%
PMG
10
Private Management Group
California
$39.8M +$3.48M +207,615 +10%
State Street
11
State Street
Massachusetts
$39.6M -$289K -17,257 -0.7%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$31.7M +$330K +19,699 +1%
Norges Bank
13
Norges Bank
Norway
$23.5M
Northern Trust
14
Northern Trust
Illinois
$23.1M -$569K -33,944 -2%
Thrivent Financial for Lutherans
15
Thrivent Financial for Lutherans
Minnesota
$20.3M +$77.9K +4,650 +0.4%
RFC
16
Russell Frank Company
Washington
$19.2M -$3.95M -236,077 -17%
ACM
17
AEW Capital Management
Massachusetts
$18.7M +$337K +20,100 +2%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$16.8M +$225K +13,412 +1%
BG
19
BlackRock Group
United Kingdom
$16.3M -$164K -9,778 -1%
Wellington Management Group
20
Wellington Management Group
Massachusetts
$16M
Bank of New York Mellon
21
Bank of New York Mellon
New York
$15.1M -$2.05M -122,660 -12%
Barclays
22
Barclays
United Kingdom
$14.9M -$6.72M -400,940 -31%
Charles Schwab
23
Charles Schwab
California
$11.4M +$735K +43,903 +7%
California Public Employees Retirement System
24
California Public Employees Retirement System
California
$10M +$2.47M +147,700 +34%
Citadel Advisors
25
Citadel Advisors
Florida
$9.77M +$221K +13,176 +2%

PDM Hedge Fund Activity: Q1 2014 in Review

195 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Piedmont Realty Trust (PDM) for Q1 2014, worth a combined $2.09B — up 4% from $2.01B a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of PDM and 11 opened new positions — a net loss of 8 holders — while 92 trimmed existing stakes and 52 added.

The largest buyer was Fidelity Investments, adding an estimated $87.9M. The largest seller was Deutsche Bank, cutting an estimated $51.3M.

  • 195 institutional investors held Piedmont Realty Trust (PDM) as of Q1 2014, down from 204 in Q4 2013.
  • Funds reported $2.09B of Piedmont Realty Trust stock for Q1 2014, up 4% quarter-over-quarter.
  • 11 funds opened new Piedmont Realty Trust positions in Q1 2014 and 19 closed out, a net change of -8 holders.
  • The largest Piedmont Realty Trust buyer in Q1 2014 was Fidelity Investments, an estimated $87.9M added.
  • The largest Piedmont Realty Trust seller in Q1 2014 was Deutsche Bank, an estimated $51.3M sold.

Based on aggregated 13F filings for Q1 2014.