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PDM

Piedmont Realty Trust

225 hedge funds and large institutions have $2.29B invested in Piedmont Realty Trust in 2018 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 63 increasing their positions, 87 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

4,188% more call options, than puts

Call options by funds: $343K | Put options by funds: $8K

21% more capital invested

Capital invested by funds: $1.9B → $2.29B (+$392M)

6.67% more ownership

Funds ownership: 81.4%88.07% (+6.7%)

3% less funds holding

Funds holding: 232225 (-7)

13% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 46

28% less repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 87

Holders
225
Holders Change
-7
Holders Change %
-3.02%
% of All Funds
5.15%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
40
Increased
63
Reduced
87
Closed
46
Calls
$343K
Puts
$8K
Net Calls
+$335K
Net Calls Change
+$335K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$390M -$34.6M -1,864,638 -9%
BlackRock
2
BlackRock
New York
$265M +$50.1M +2,702,702 +26%
LSV Asset Management
3
LSV Asset Management
Illinois
$145M +$8.71M +469,444 +7%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$114M -$23.3M -1,255,729 -18%
American Century Companies
5
American Century Companies
Missouri
$99.4M -$23.6M -1,272,615 -20%
CIMLRA
6
CBRE Investment Management Listed Real Assets
Pennsylvania
$98.5M +$91.7M +4,942,931 New
State Street
7
State Street
Massachusetts
$91.3M +$9.15M +493,599 +12%
ACM
8
AEW Capital Management
Massachusetts
$89.5M -$3.75M -202,200 -4%
Northern Trust
9
Northern Trust
Illinois
$73.3M -$2.79M -150,468 -4%
CWM
10
Cornerstone Wealth Management
Missouri
$66.1M +$23M +1,239,731 +1,888%
Morgan Stanley
11
Morgan Stanley
New York
$63M -$11.5M -619,449 -16%
Goldman Sachs
12
Goldman Sachs
New York
$58M +$23.9M +1,288,483 +79%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$49.3M +$196K +10,542 +0.4%
Renaissance Technologies
14
Renaissance Technologies
New York
$46.9M -$2.36M -127,174 -5%
JP Morgan Chase
15
JP Morgan Chase
New York
$41.5M +$16.4M +883,123 +74%
Charles Schwab
16
Charles Schwab
California
$40.7M +$5.83M +314,120 +18%
Deutsche Bank
17
Deutsche Bank
Germany
$39.5M +$12.5M +673,995 +52%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$30.4M -$342K -18,451 -1%
Norges Bank
19
Norges Bank
Norway
$30.3M -$2.4M -129,157 -8%
SFM
20
Systematic Financial Management
New Jersey
$25.8M -$10M -540,638 -29%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$25.4M +$1.39M +74,904 +6%
SEI Investments
22
SEI Investments
Pennsylvania
$14.6M -$1.08M -58,426 -7%
MAM
23
Martingale Asset Management
Massachusetts
$13.7M -$1.89M -101,728 -13%
Bank of America
24
Bank of America
North Carolina
$12.4M -$336K -18,102 -3%
MFIMFI
25
Mesirow Financial Investment Management - Fixed Income
Illinois
$11.9M +$11.1M +597,390 New

PDM Hedge Fund Activity: Q2 2018 in Review

225 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Piedmont Realty Trust (PDM) for Q2 2018, worth a combined $2.29B — up 21% from $1.9B a quarter earlier.

Sellers outnumbered buyers: 46 funds closed out of PDM and 40 opened new positions — a net loss of 6 holders — while 87 trimmed existing stakes and 63 added.

The largest buyer was CBRE Investment Management Listed Real Assets, opening a new position worth an estimated $91.7M. The largest seller was Vanguard Group, cutting an estimated $34.6M.

  • 225 institutional investors held Piedmont Realty Trust (PDM) as of Q2 2018, down from 232 in Q1 2018.
  • Funds reported $2.29B of Piedmont Realty Trust stock for Q2 2018, up 21% quarter-over-quarter.
  • 40 funds opened new Piedmont Realty Trust positions in Q2 2018 and 46 closed out, a net change of -6 holders.
  • The largest Piedmont Realty Trust buyer in Q2 2018 was CBRE Investment Management Listed Real Assets, an estimated $91.7M added.
  • The largest Piedmont Realty Trust seller in Q2 2018 was Vanguard Group, an estimated $34.6M sold.

Based on aggregated 13F filings for Q2 2018.