Pennsylvania Real Estate Investment Trust
PEI was delisted on the 15th of December, 2022.
208 hedge funds and large institutions have $1.28B invested in Pennsylvania Real Estate Investment Trust in 2016 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 82 increasing their positions, 62 reducing their positions, and 16 closing their positions.
88% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 16
32% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 62
5% more funds holding
Funds holding: 198 → 208 (+10)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less capital invested
Capital invested by funds: $1.46B → $1.28B (-$186M)
61% less call options, than puts
Call options by funds: $2.26M | Put options by funds: $5.81M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAMU
APG Asset Management US
New York
|
+$20.1M |
| 2 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
+$14.8M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$13.1M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$11.7M |
| 5 |
KC
KRV Capital
New York
|
+$5.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.4M |
| 2 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$9.85M |
| 3 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$8.23M |
| 4 |
Renaissance Technologies
New York
|
-$7.53M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.57M |
PEI Hedge Fund Activity: Q4 2016 in Review
208 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Pennsylvania Real Estate Investment Trust (PEI) for Q4 2016, worth a combined $1.28B — down 13% from $1.46B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new PEI positions and 16 closed out — a net gain of 14 holders — while 82 added to existing stakes and 62 trimmed.
The largest buyer was APG Asset Management US, adding an estimated $20.1M. The largest seller was Fidelity Investments, cutting an estimated $13.4M.
- 208 institutional investors held Pennsylvania Real Estate Investment Trust (PEI) as of Q4 2016, up from 198 in Q3 2016.
- Funds reported $1.28B of Pennsylvania Real Estate Investment Trust stock for Q4 2016, down 13% quarter-over-quarter.
- 30 funds opened new Pennsylvania Real Estate Investment Trust positions in Q4 2016 and 16 closed out, a net change of +14 holders.
- The largest Pennsylvania Real Estate Investment Trust buyer in Q4 2016 was APG Asset Management US, an estimated $20.1M added.
- The largest Pennsylvania Real Estate Investment Trust seller in Q4 2016 was Fidelity Investments, an estimated $13.4M sold.
Based on aggregated 13F filings for Q4 2016.