Pennsylvania Real Estate Investment Trust
PEI was delisted on the 15th of December, 2022.
169 hedge funds and large institutions have $1.44B invested in Pennsylvania Real Estate Investment Trust in 2014 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 60 increasing their positions, 57 reducing their positions, and 15 closing their positions.
60% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 15
20% more capital invested
Capital invested by funds: $1.2B → $1.44B (+$241M)
2% more funds holding
Funds holding: 165 → 169 (+4)
5% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 57
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
86% less call options, than puts
Call options by funds: $464K | Put options by funds: $3.42M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$41.4M |
| 2 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$36.7M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$19.7M |
| 4 |
JP Morgan Chase
New York
|
+$18.9M |
| 5 |
TA
Teachers Advisors
New York
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
-$44.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.3M |
| 3 |
VCM
V3 Capital Management
Dallas,
Texas
|
-$11M |
| 4 |
Morgan Stanley
New York
|
-$8.79M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$7.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ST
176
Spot Trading
Chicago,
Illinois
| – | -$741K | -2,478 | Closed |
|
|
PAM
177
Princeton Alpha Management
Princeton Junction,
New Jersey
| – | -$398K | -1,329 | Closed |
|
|
ECM
178
EII Capital Management
New York
| – | -$339K | -1,133 | Closed |
|
179
Lazard Asset Management
New York
| – | -$277K | -929 | Closed |
|
|
AMI
180
Amica Mutual Insurance
Providence,
Rhode Island
| – | -$157K | -526 | Closed |
|
|
APFBOT
181
Amica Pension Fund Board of Trustees
Providence,
Rhode Island
| – | -$116K | -389 | Closed |
|
|
PTC
182
Private Trust Company
Cleveland,
Ohio
| – | -$61K | -203 | Closed |
|
|
ARMT
183
Amica Retiree Medical Trust
Lincoln,
Rhode Island
| – | -$18K | -62 | Closed |
|
|
TRCT
184
Tower Research Capital (TRC)
New York
| – | -$16K | -55 | Closed |
|
185
BNP Paribas Financial Markets
Paris,
France
| – | -$3.63K | -12 | Closed |
|
PEI Hedge Fund Activity: Q4 2014 in Review
169 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Pennsylvania Real Estate Investment Trust (PEI) for Q4 2014, worth a combined $1.44B — up 20% from $1.2B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new PEI positions and 15 closed out — a net gain of 9 holders — while 60 added to existing stakes and 57 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $41.4M. The largest seller was Carlson Capital, cutting an estimated $44.1M.
- 169 institutional investors held Pennsylvania Real Estate Investment Trust (PEI) as of Q4 2014, up from 165 in Q3 2014.
- Funds reported $1.44B of Pennsylvania Real Estate Investment Trust stock for Q4 2014, up 20% quarter-over-quarter.
- 24 funds opened new Pennsylvania Real Estate Investment Trust positions in Q4 2014 and 15 closed out, a net change of +9 holders.
- The largest Pennsylvania Real Estate Investment Trust buyer in Q4 2014 was Cohen & Steers, an estimated $41.4M added.
- The largest Pennsylvania Real Estate Investment Trust seller in Q4 2014 was Carlson Capital, an estimated $44.1M sold.
Based on aggregated 13F filings for Q4 2014.