Piedmont Realty Trust
240 hedge funds and large institutions have $592M invested in Piedmont Realty Trust in 2023 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 82 increasing their positions, 90 reducing their positions, and 29 closing their positions.
75% more call options, than puts
Call options by funds: $265K | Put options by funds: $151K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 90
2% less funds holding
Funds holding: 246 → 240 (-6)
2.71% less ownership
Funds ownership: 86.04% → 83.33% (-2.7%)
14% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 29
23% less capital invested
Capital invested by funds: $774M → $592M (-$181M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
Private Management Group
Irvine,
California
|
+$6.27M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$5.7M |
| 3 |
WAM
Wilsey Asset Management
San Diego,
California
|
+$5.56M |
| 4 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$5.4M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
-$16M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$13.8M |
| 3 |
MIIM
Mesirow Institutional Investment Management
Chicago,
Illinois
|
-$9.62M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$9.56M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$9.42M |
PDM Hedge Fund Activity: Q3 2023 in Review
240 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Piedmont Realty Trust (PDM) for Q3 2023, worth a combined $592M — down 23% from $774M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of PDM and 25 opened new positions — a net loss of 4 holders — while 90 trimmed existing stakes and 82 added.
The largest buyer was Private Management Group, adding an estimated $6.27M. The largest seller was Man Group, exiting entirely with an estimated $16M sold.
- 240 institutional investors held Piedmont Realty Trust (PDM) as of Q3 2023, down from 246 in Q2 2023.
- Funds reported $592M of Piedmont Realty Trust stock for Q3 2023, down 23% quarter-over-quarter.
- 25 funds opened new Piedmont Realty Trust positions in Q3 2023 and 29 closed out, a net change of -4 holders.
- The largest Piedmont Realty Trust buyer in Q3 2023 was Private Management Group, an estimated $6.27M added.
- The largest Piedmont Realty Trust seller in Q3 2023 was Man Group, an estimated $16M sold.
Based on aggregated 13F filings for Q3 2023.