Phillips Edison & Co
PECO
347 hedge funds and large institutions have $2.72B invested in Phillips Edison & Co in 2023 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 98 increasing their positions, 128 reducing their positions, and 33 closing their positions.
1,642% more call options, than puts
Call options by funds: $6.58M | Put options by funds: $378K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
36% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 33
2% more capital invested
Capital invested by funds: $2.68B → $2.72B (+$45.6M)
1% more funds holding
Funds holding: 344 → 347 (+3)
0.48% less ownership
Funds ownership: 71.83% → 71.35% (-0.48%)
23% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 128
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$20.6M |
| 2 |
ACM
AEW Capital Management
Boston,
Massachusetts
|
+$16.8M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$11.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.6M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$38.6M |
| 2 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$31.3M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$9.31M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$7.14M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.17M |
PECO Hedge Fund Activity: Q1 2023 in Review
347 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Phillips Edison & Co (PECO) for Q1 2023, worth a combined $2.72B — up 1.7% from $2.68B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new PECO positions and 33 closed out — a net gain of 12 holders — while 98 added to existing stakes and 128 trimmed.
The largest buyer was Norges Bank, adding an estimated $20.6M. The largest seller was Fidelity Investments, cutting an estimated $38.6M.
- 347 institutional investors held Phillips Edison & Co (PECO) as of Q1 2023, up from 344 in Q4 2022.
- Funds reported $2.72B of Phillips Edison & Co stock for Q1 2023, up 1.7% quarter-over-quarter.
- 45 funds opened new Phillips Edison & Co positions in Q1 2023 and 33 closed out, a net change of +12 holders.
- The largest Phillips Edison & Co buyer in Q1 2023 was Norges Bank, an estimated $20.6M added.
- The largest Phillips Edison & Co seller in Q1 2023 was Fidelity Investments, an estimated $38.6M sold.
Based on aggregated 13F filings for Q1 2023.