Pennsylvania Real Estate Investment Trust
PEI was delisted on the 15th of December, 2022.
166 hedge funds and large institutions have $1.1B invested in Pennsylvania Real Estate Investment Trust in 2014 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 64 increasing their positions, 67 reducing their positions, and 28 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
63% more call options, than puts
Call options by funds: $1.16M | Put options by funds: $715K
6% more capital invested
Capital invested by funds: $1.04B → $1.1B (+$66.4M)
4% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 67
9% less funds holding
Funds holding: 183 → 166 (-17)
57% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$46.9M |
| 2 |
Millennium Management
New York
|
+$19.3M |
| 3 |
CC
Carlson Capital
Dallas,
Texas
|
+$17M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$11.4M |
| 5 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$55.1M |
| 2 |
AAMU
APG Asset Management US
New York
|
-$10.8M |
| 3 |
Citigroup
New York
|
-$10.5M |
| 4 |
BCM
Brigade Capital Management
New York
|
-$10.4M |
| 5 |
TA
Teachers Advisors
New York
|
-$8.77M |
PEI Hedge Fund Activity: Q2 2014 in Review
166 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Pennsylvania Real Estate Investment Trust (PEI) for Q2 2014, worth a combined $1.1B — up 6.4% from $1.04B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of PEI and 12 opened new positions — a net loss of 16 holders — while 67 trimmed existing stakes and 64 added.
The largest buyer was JP Morgan Chase, adding an estimated $46.9M. The largest seller was Fidelity Investments, cutting an estimated $55.1M.
- 166 institutional investors held Pennsylvania Real Estate Investment Trust (PEI) as of Q2 2014, down from 183 in Q1 2014.
- Funds reported $1.1B of Pennsylvania Real Estate Investment Trust stock for Q2 2014, up 6.4% quarter-over-quarter.
- 12 funds opened new Pennsylvania Real Estate Investment Trust positions in Q2 2014 and 28 closed out, a net change of -16 holders.
- The largest Pennsylvania Real Estate Investment Trust buyer in Q2 2014 was JP Morgan Chase, an estimated $46.9M added.
- The largest Pennsylvania Real Estate Investment Trust seller in Q2 2014 was Fidelity Investments, an estimated $55.1M sold.
Based on aggregated 13F filings for Q2 2014.