Phillips Edison & Co
PECO
365 hedge funds and large institutions have $3.38B invested in Phillips Edison & Co in 2023 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 107 increasing their positions, 126 reducing their positions, and 29 closing their positions.
752% more call options, than puts
Call options by funds: $6.18M | Put options by funds: $725K
76% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 29
24% more capital invested
Capital invested by funds: $2.72B → $3.38B (+$655M)
13.12% more ownership
Funds ownership: 71.35% → 84.47% (+13%)
5% more funds holding
Funds holding: 347 → 365 (+18)
15% less repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 126
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$322M |
| 2 |
State Street
Boston,
Massachusetts
|
+$55.9M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$46.6M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$34.8M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$20.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$30.9M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$25.5M |
| 3 |
ACM
AEW Capital Management
Boston,
Massachusetts
|
-$16.8M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$11.7M |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
-$4.45M |
PECO Hedge Fund Activity: Q2 2023 in Review
365 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Phillips Edison & Co (PECO) for Q2 2023, worth a combined $3.38B — up 24% from $2.72B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new PECO positions and 29 closed out — a net gain of 22 holders — while 107 added to existing stakes and 126 trimmed.
The largest buyer was BlackRock, adding an estimated $322M. The largest seller was Millennium Management, exiting entirely with an estimated $30.9M sold.
- 365 institutional investors held Phillips Edison & Co (PECO) as of Q2 2023, up from 347 in Q1 2023.
- Funds reported $3.38B of Phillips Edison & Co stock for Q2 2023, up 24% quarter-over-quarter.
- 51 funds opened new Phillips Edison & Co positions in Q2 2023 and 29 closed out, a net change of +22 holders.
- The largest Phillips Edison & Co buyer in Q2 2023 was BlackRock, an estimated $322M added.
- The largest Phillips Edison & Co seller in Q2 2023 was Millennium Management, an estimated $30.9M sold.
Based on aggregated 13F filings for Q2 2023.