Pennsylvania Real Estate Investment Trust
PEI was delisted on the 15th of December, 2022.
137 hedge funds and large institutions have $54.4M invested in Pennsylvania Real Estate Investment Trust in 2020 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 48 increasing their positions, 39 reducing their positions, and 42 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 39
15% less funds holding
Funds holding: 161 → 137 (-24)
34% less call options, than puts
Call options by funds: $554K | Put options by funds: $834K
52% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 42
80% less capital invested
Capital invested by funds: $277M → $54.4M (-$223M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.6M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$985K |
| 3 |
SCM
Segantii Capital Management
Hong Kong
|
+$840K |
| 4 |
Lido Advisors
Los Angeles,
California
|
+$839K |
| 5 |
State Street
Boston,
Massachusetts
|
+$777K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$11.2M |
| 2 |
PS
Presima Securities
Montreal,
Quebec, Canada
|
-$7.53M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$6.04M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$1.73M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.19M |
PEI Hedge Fund Activity: Q1 2020 in Review
137 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Pennsylvania Real Estate Investment Trust (PEI) for Q1 2020, worth a combined $54.4M — down 80% from $277M a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of PEI and 20 opened new positions — a net loss of 22 holders — while 39 trimmed existing stakes and 48 added.
The largest buyer was Nuveen, adding an estimated $1.6M. The largest seller was Mirae Asset Global Investments, exiting entirely with an estimated $11.2M sold.
- 137 institutional investors held Pennsylvania Real Estate Investment Trust (PEI) as of Q1 2020, down from 161 in Q4 2019.
- Funds reported $54.4M of Pennsylvania Real Estate Investment Trust stock for Q1 2020, down 80% quarter-over-quarter.
- 20 funds opened new Pennsylvania Real Estate Investment Trust positions in Q1 2020 and 42 closed out, a net change of -22 holders.
- The largest Pennsylvania Real Estate Investment Trust buyer in Q1 2020 was Nuveen, an estimated $1.6M added.
- The largest Pennsylvania Real Estate Investment Trust seller in Q1 2020 was Mirae Asset Global Investments, an estimated $11.2M sold.
Based on aggregated 13F filings for Q1 2020.