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PDM

Piedmont Realty Trust

232 hedge funds and large institutions have $1.83B invested in Piedmont Realty Trust in 2018 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 74 increasing their positions, 77 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 32

2% more funds holding

Funds holding: 228232 (+4)

4% less repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 77

3.58% less ownership

Funds ownership: 87.14%83.56% (-3.6%)

15% less capital invested

Capital invested by funds: $2.16B → $1.83B (-$330M)

Holders
232
Holders Change
+4
Holders Change %
+1.75%
% of All Funds
5.17%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.04%
New
36
Increased
74
Reduced
77
Closed
32
Calls
$1K
Puts
Net Calls
+$1K
Net Calls Change
+$1K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$323M -$1.76M -96,929 -0.5%
BlackRock
2
BlackRock
New York
$233M +$6.82M +375,052 +3%
LSV Asset Management
3
LSV Asset Management
Illinois
$122M -$1.65M -90,700 -1%
American Century Companies
4
American Century Companies
Missouri
$88.3M +$2.89M +159,032 +3%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$79M -$13M -716,497 -13%
State Street
6
State Street
Massachusetts
$76.7M -$162K -8,900 -0.2%
CIMLRA
7
CBRE Investment Management Listed Real Assets
Pennsylvania
$69.4M -$18.8M -1,033,764 -20%
Morgan Stanley
8
Morgan Stanley
New York
$58.4M +$5.78M +318,097 +10%
Renaissance Technologies
9
Renaissance Technologies
New York
$54M +$8.87M +488,000 +18%
Northern Trust
10
Northern Trust
Illinois
$50M -$2.9M -159,686 -5%
ACM
11
AEW Capital Management
Massachusetts
$49.2M -$26.8M -1,475,000 -34%
Charles Schwab
12
Charles Schwab
California
$40.1M +$3.59M +197,617 +9%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$39.3M -$2.86M -157,205 -6%
JP Morgan Chase
14
JP Morgan Chase
New York
$39.1M -$11.3M -620,250 -21%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$30.1M +$2.96M +162,893 +10%
Norges Bank
16
Norges Bank
Norway
$25.9M
Bank of New York Mellon
17
Bank of New York Mellon
New York
$17.9M -$3.91M -215,067 -17%
SFM
18
Systematic Financial Management
New Jersey
$17.8M -$5.42M -297,997 -22%
PMG
19
Private Management Group
California
$15.2M +$2.83M +155,733 +21%
NIPH
20
NN Investment Partners Holdings
Netherlands
$15M -$725K -39,874 -4%
Goldman Sachs
21
Goldman Sachs
New York
$14.9M -$15.6M -857,456 -49%
Prudential Financial
22
Prudential Financial
New Jersey
$14.7M +$13.4M +737,295 +597%
SEI Investments
23
SEI Investments
Pennsylvania
$13.9M +$378K +20,813 +3%
Robeco Institutional Asset Management
24
Robeco Institutional Asset Management
Netherlands
$13.2M +$12.7M +696,196 +906%
MFIMFI
25
Mesirow Financial Investment Management - Fixed Income
Illinois
$11.7M -$617K -33,930 -5%

PDM Hedge Fund Activity: Q4 2018 in Review

232 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Piedmont Realty Trust (PDM) for Q4 2018, worth a combined $1.83B — down 15% from $2.16B a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new PDM positions and 32 closed out — a net gain of 4 holders — while 74 added to existing stakes and 77 trimmed.

The largest buyer was Prudential Financial, adding an estimated $13.4M. The largest seller was AEW Capital Management, cutting an estimated $26.8M.

  • 232 institutional investors held Piedmont Realty Trust (PDM) as of Q4 2018, up from 228 in Q3 2018.
  • Funds reported $1.83B of Piedmont Realty Trust stock for Q4 2018, down 15% quarter-over-quarter.
  • 36 funds opened new Piedmont Realty Trust positions in Q4 2018 and 32 closed out, a net change of +4 holders.
  • The largest Piedmont Realty Trust buyer in Q4 2018 was Prudential Financial, an estimated $13.4M added.
  • The largest Piedmont Realty Trust seller in Q4 2018 was AEW Capital Management, an estimated $26.8M sold.

Based on aggregated 13F filings for Q4 2018.