Piedmont Realty Trust
246 hedge funds and large institutions have $774M invested in Piedmont Realty Trust in 2023 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 111 increasing their positions, 69 reducing their positions, and 37 closing their positions.
61% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 69
1.63% more ownership
Funds ownership: 84.41% → 86.04% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% less capital invested
Capital invested by funds: $777M → $774M (-$2.97M)
4% less funds holding
Funds holding: 255 → 246 (-9)
24% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 37
94% less call options, than puts
Call options by funds: $45K | Put options by funds: $749K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
+$15.5M |
| 2 |
BlackRock
New York
|
+$7.03M |
| 3 |
Morgan Stanley
New York
|
+$6.93M |
| 4 |
JP Morgan Chase
New York
|
+$4.94M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$4.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
-$9.36M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.39M |
| 3 |
Renaissance Technologies
New York
|
-$6.7M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$4.84M |
| 5 |
Lazard Asset Management
New York
|
-$4.26M |
PDM Hedge Fund Activity: Q2 2023 in Review
246 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Piedmont Realty Trust (PDM) for Q2 2023, worth a combined $774M — down 0.38% from $777M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of PDM and 28 opened new positions — a net loss of 9 holders — while 69 trimmed existing stakes and 111 added.
The largest buyer was Man Group, opening a new position worth an estimated $15.5M. The largest seller was Nuveen, cutting an estimated $9.36M.
- 246 institutional investors held Piedmont Realty Trust (PDM) as of Q2 2023, down from 255 in Q1 2023.
- Funds reported $774M of Piedmont Realty Trust stock for Q2 2023, down 0.38% quarter-over-quarter.
- 28 funds opened new Piedmont Realty Trust positions in Q2 2023 and 37 closed out, a net change of -9 holders.
- The largest Piedmont Realty Trust buyer in Q2 2023 was Man Group, an estimated $15.5M added.
- The largest Piedmont Realty Trust seller in Q2 2023 was Nuveen, an estimated $9.36M sold.
Based on aggregated 13F filings for Q2 2023.