Piedmont Realty Trust
211 hedge funds and large institutions have $2.65B invested in Piedmont Realty Trust in 2017 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 70 increasing their positions, 76 reducing their positions, and 33 closing their positions.
5% more capital invested
Capital invested by funds: $2.51B → $2.65B (+$134M)
2.72% more ownership
Funds ownership: 82.62% → 85.35% (+2.7%)
8% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 76
7% less funds holding
Funds holding: 228 → 211 (-17)
27% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$203M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$25.5M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$24.2M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$22.6M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$14.7M |
| 2 |
PMG
Private Management Group
Irvine,
California
|
-$9.61M |
| 3 |
Citigroup
New York
|
-$4.15M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.41M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$3.26M |
PDM Hedge Fund Activity: Q1 2017 in Review
211 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Piedmont Realty Trust (PDM) for Q1 2017, worth a combined $2.65B — up 5.4% from $2.51B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of PDM and 24 opened new positions — a net loss of 9 holders — while 76 trimmed existing stakes and 70 added.
The largest buyer was BlackRock, adding an estimated $203M. The largest seller was Fidelity Investments, cutting an estimated $14.7M.
- 211 institutional investors held Piedmont Realty Trust (PDM) as of Q1 2017, down from 228 in Q4 2016.
- Funds reported $2.65B of Piedmont Realty Trust stock for Q1 2017, up 5.4% quarter-over-quarter.
- 24 funds opened new Piedmont Realty Trust positions in Q1 2017 and 33 closed out, a net change of -9 holders.
- The largest Piedmont Realty Trust buyer in Q1 2017 was BlackRock, an estimated $203M added.
- The largest Piedmont Realty Trust seller in Q1 2017 was Fidelity Investments, an estimated $14.7M sold.
Based on aggregated 13F filings for Q1 2017.