Pennsylvania Real Estate Investment Trust
PEI was delisted on the 15th of December, 2022.
199 hedge funds and large institutions have $353M invested in Pennsylvania Real Estate Investment Trust in 2018 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 50 increasing their positions, 78 reducing their positions, and 18 closing their positions.
50% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 18
5% more funds holding
Funds holding: 190 → 199 (+9)
36% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 78
37% less call options, than puts
Call options by funds: $1.08M | Put options by funds: $1.7M
41% less capital invested
Capital invested by funds: $600M → $353M (-$247M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Moore Capital Management
New York
|
+$5.07M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$2.1M |
| 3 |
BlackRock
New York
|
+$1.86M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.67M |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$14.3M |
| 2 |
Morgan Stanley
New York
|
-$8.64M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.77M |
| 4 |
KSCM
King Street Capital Management
New York
|
-$4.15M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$2.69M |
PEI Hedge Fund Activity: Q4 2018 in Review
199 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Pennsylvania Real Estate Investment Trust (PEI) for Q4 2018, worth a combined $353M — down 41% from $600M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new PEI positions and 18 closed out — a net gain of 9 holders — while 50 added to existing stakes and 78 trimmed.
The largest buyer was Moore Capital Management, opening a new position worth an estimated $5.07M. The largest seller was Vanguard Group, cutting an estimated $14.3M.
- 199 institutional investors held Pennsylvania Real Estate Investment Trust (PEI) as of Q4 2018, up from 190 in Q3 2018.
- Funds reported $353M of Pennsylvania Real Estate Investment Trust stock for Q4 2018, down 41% quarter-over-quarter.
- 27 funds opened new Pennsylvania Real Estate Investment Trust positions in Q4 2018 and 18 closed out, a net change of +9 holders.
- The largest Pennsylvania Real Estate Investment Trust buyer in Q4 2018 was Moore Capital Management, an estimated $5.07M added.
- The largest Pennsylvania Real Estate Investment Trust seller in Q4 2018 was Vanguard Group, an estimated $14.3M sold.
Based on aggregated 13F filings for Q4 2018.