Pennsylvania Real Estate Investment Trust
PEI was delisted on the 15th of December, 2022.
165 hedge funds and large institutions have $1.2B invested in Pennsylvania Real Estate Investment Trust in 2014 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 55 increasing their positions, 64 reducing their positions, and 21 closing their positions.
476% more call options, than puts
Call options by funds: $3.44M | Put options by funds: $597K
9% more capital invested
Capital invested by funds: $1.1B → $1.2B (+$97.9M)
1% less funds holding
Funds holding: 166 → 165 (-1)
5% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 21
14% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 64
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$108M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$45.8M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
+$8.4M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
+$7.87M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$5.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$53.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$20.3M |
| 3 |
Millennium Management
New York
|
-$19.4M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$12.7M |
| 5 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$11.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SMDAM
176
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
| – | -$345K | -1,224 | Closed |
|
|
SAM
177
Silvercrest Asset Management
New York
| – | -$256K | -906 | Closed |
|
|
PA
178
Profund Advisors
Bethesda,
Maryland
| – | -$250K | -886 | Closed |
|
179
BNP Paribas Asset Management
Paris,
France
| – | -$207K | -735 | Closed |
|
|
MC
180
Menta Capital
San Francisco,
California
| – | -$194K | -687 | Closed |
|
|
VFA
181
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$110K | -391 | Closed |
|
|
PAM
182
Panagora Asset Management
Boston,
Massachusetts
| – | -$20K | -72 | Closed |
|
|
MFS
183
MSI Financial Services
Springfield,
Massachusetts
| – | -$11K | -38 | Closed |
|
|
OSAM
184
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$10K | -36 | Closed |
|
185
Group One Trading
Chicago,
Illinois
| – | -$6.79K | -23 | Closed |
|
|
PAS
186
Partnervest Advisory Services
Santa Barbara,
California
| – | -$5K | -18 | Closed |
|
PEI Hedge Fund Activity: Q3 2014 in Review
165 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Pennsylvania Real Estate Investment Trust (PEI) for Q3 2014, worth a combined $1.2B — up 8.9% from $1.1B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of PEI and 20 opened new positions — a net loss of 1 holder — while 64 trimmed existing stakes and 55 added.
The largest buyer was Cohen & Steers, adding an estimated $108M. The largest seller was JP Morgan Chase, cutting an estimated $53.5M.
- 165 institutional investors held Pennsylvania Real Estate Investment Trust (PEI) as of Q3 2014, down from 166 in Q2 2014.
- Funds reported $1.2B of Pennsylvania Real Estate Investment Trust stock for Q3 2014, up 8.9% quarter-over-quarter.
- 20 funds opened new Pennsylvania Real Estate Investment Trust positions in Q3 2014 and 21 closed out, a net change of -1 holder.
- The largest Pennsylvania Real Estate Investment Trust buyer in Q3 2014 was Cohen & Steers, an estimated $108M added.
- The largest Pennsylvania Real Estate Investment Trust seller in Q3 2014 was JP Morgan Chase, an estimated $53.5M sold.
Based on aggregated 13F filings for Q3 2014.