Pennsylvania Real Estate Investment Trust
PEI was delisted on the 15th of December, 2022.
177 hedge funds and large institutions have $328M invested in Pennsylvania Real Estate Investment Trust in 2019 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 70 increasing their positions, 49 reducing their positions, and 41 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 49
7% less capital invested
Capital invested by funds: $353M → $328M (-$25.5M)
11% less funds holding
Funds holding: 199 → 177 (-22)
45% less call options, than puts
Call options by funds: $1.19M | Put options by funds: $2.14M
54% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$10.1M |
| 3 |
State Street
Boston,
Massachusetts
|
+$3.73M |
| 4 |
Millennium Management
New York
|
+$2.92M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$2.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
AEW Capital Management
Boston,
Massachusetts
|
-$20.1M |
| 2 |
PS
Presima Securities
Montreal,
Quebec, Canada
|
-$7.95M |
| 3 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
-$6.58M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$5.74M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$4.97M |
PEI Hedge Fund Activity: Q1 2019 in Review
177 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Pennsylvania Real Estate Investment Trust (PEI) for Q1 2019, worth a combined $328M — down 7.2% from $353M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of PEI and 19 opened new positions — a net loss of 22 holders — while 49 trimmed existing stakes and 70 added.
The largest buyer was Vanguard Group, adding an estimated $13.2M. The largest seller was AEW Capital Management, exiting entirely with an estimated $20.1M sold.
- 177 institutional investors held Pennsylvania Real Estate Investment Trust (PEI) as of Q1 2019, down from 199 in Q4 2018.
- Funds reported $328M of Pennsylvania Real Estate Investment Trust stock for Q1 2019, down 7.2% quarter-over-quarter.
- 19 funds opened new Pennsylvania Real Estate Investment Trust positions in Q1 2019 and 41 closed out, a net change of -22 holders.
- The largest Pennsylvania Real Estate Investment Trust buyer in Q1 2019 was Vanguard Group, an estimated $13.2M added.
- The largest Pennsylvania Real Estate Investment Trust seller in Q1 2019 was AEW Capital Management, an estimated $20.1M sold.
Based on aggregated 13F filings for Q1 2019.