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PDM

Piedmont Realty Trust

228 hedge funds and large institutions have $2.16B invested in Piedmont Realty Trust in 2018 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 53 increasing their positions, 96 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 27

1% more funds holding

Funds holding: 225228 (+3)

0.93% less ownership

Funds ownership: 88.07%87.14% (-0.93%)

6% less capital invested

Capital invested by funds: $2.29B → $2.16B (-$130M)

45% less repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 96

Holders
228
Holders Change
+3
Holders Change %
+1.33%
% of All Funds
5.21%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
30
Increased
53
Reduced
96
Closed
27
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$361M -$9.54M -483,980 -2%
BlackRock
2
BlackRock
New York
$251M -$318K -16,147 -0.1%
LSV Asset Management
3
LSV Asset Management
Illinois
$137M -$342K -17,335 -0.2%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$101M -$7.1M -360,039 -6%
CIMLRA
5
CBRE Investment Management Listed Real Assets
Pennsylvania
$96.7M +$3.22M +163,550 +3%
American Century Companies
6
American Century Companies
Missouri
$95.1M +$634K +32,169 +0.6%
State Street
7
State Street
Massachusetts
$84.4M -$2.4M -121,619 -3%
ACM
8
AEW Capital Management
Massachusetts
$82.6M -$2.5M -126,900 -3%
CWM
9
Cornerstone Wealth Management
Missouri
$67.3M +$1.17M +59,404 +5%
Morgan Stanley
10
Morgan Stanley
New York
$58.8M -$1.09M -55,055 -2%
Northern Trust
11
Northern Trust
Illinois
$58.6M -$11.5M -583,758 -16%
JP Morgan Chase
12
JP Morgan Chase
New York
$55.2M +$16.4M +834,192 +40%
Renaissance Technologies
13
Renaissance Technologies
New York
$50.7M +$6.43M +326,374 +14%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$46.7M -$155K -7,843 -0.3%
Charles Schwab
15
Charles Schwab
California
$40.8M +$2.28M +115,625 +6%
Goldman Sachs
16
Goldman Sachs
New York
$32.8M -$23.2M -1,177,693 -40%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$30.4M +$1.53M +77,728 +5%
Norges Bank
18
Norges Bank
Norway
$28.8M
Deutsche Bank
19
Deutsche Bank
Germany
$25.5M -$12.5M -632,524 -32%
SFM
20
Systematic Financial Management
New Jersey
$25.4M +$973K +49,378 +4%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$24M -$167K -8,495 -0.7%
NIPH
22
NN Investment Partners Holdings
Netherlands
$17.5M +$18.2M +922,851 New
N
23
Nuveen
North Carolina
$15.8M +$13.5M +684,477 +454%
PMG
24
Private Management Group
California
$13.9M +$2.97M +150,796 +26%
MFIMFI
25
Mesirow Financial Investment Management - Fixed Income
Illinois
$13.6M +$2.4M +121,560 +20%

PDM Hedge Fund Activity: Q3 2018 in Review

228 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Piedmont Realty Trust (PDM) for Q3 2018, worth a combined $2.16B — down 5.7% from $2.29B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new PDM positions and 27 closed out — a net gain of 3 holders — while 53 added to existing stakes and 96 trimmed.

The largest buyer was NN Investment Partners Holdings, opening a new position worth an estimated $18.2M. The largest seller was Goldman Sachs, cutting an estimated $23.2M.

  • 228 institutional investors held Piedmont Realty Trust (PDM) as of Q3 2018, up from 225 in Q2 2018.
  • Funds reported $2.16B of Piedmont Realty Trust stock for Q3 2018, down 5.7% quarter-over-quarter.
  • 30 funds opened new Piedmont Realty Trust positions in Q3 2018 and 27 closed out, a net change of +3 holders.
  • The largest Piedmont Realty Trust buyer in Q3 2018 was NN Investment Partners Holdings, an estimated $18.2M added.
  • The largest Piedmont Realty Trust seller in Q3 2018 was Goldman Sachs, an estimated $23.2M sold.

Based on aggregated 13F filings for Q3 2018.