Pennsylvania Real Estate Investment Trust
PEI was delisted on the 15th of December, 2022.
198 hedge funds and large institutions have $1.46B invested in Pennsylvania Real Estate Investment Trust in 2016 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 72 increasing their positions, 67 reducing their positions, and 23 closing their positions.
13% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 23
6% more capital invested
Capital invested by funds: $1.38B → $1.46B (+$82.7M)
1% more funds holding
Funds holding: 196 → 198 (+2)
7% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 67
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
40% less call options, than puts
Call options by funds: $620K | Put options by funds: $1.02M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$61.3M |
| 2 |
JP Morgan Chase
New York
|
+$44.1M |
| 3 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
+$31.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$21.6M |
| 5 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
+$17.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$192M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
-$16.7M |
| 3 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$11.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$10.6M |
| 5 |
Millennium Management
New York
|
-$8.32M |
PEI Hedge Fund Activity: Q3 2016 in Review
198 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Pennsylvania Real Estate Investment Trust (PEI) for Q3 2016, worth a combined $1.46B — up 6% from $1.38B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new PEI positions and 23 closed out — a net gain of 3 holders — while 72 added to existing stakes and 67 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $61.3M. The largest seller was Cohen & Steers, cutting an estimated $192M.
- 198 institutional investors held Pennsylvania Real Estate Investment Trust (PEI) as of Q3 2016, up from 196 in Q2 2016.
- Funds reported $1.46B of Pennsylvania Real Estate Investment Trust stock for Q3 2016, up 6% quarter-over-quarter.
- 26 funds opened new Pennsylvania Real Estate Investment Trust positions in Q3 2016 and 23 closed out, a net change of +3 holders.
- The largest Pennsylvania Real Estate Investment Trust buyer in Q3 2016 was Deutsche Bank, an estimated $61.3M added.
- The largest Pennsylvania Real Estate Investment Trust seller in Q3 2016 was Cohen & Steers, an estimated $192M sold.
Based on aggregated 13F filings for Q3 2016.