Pennsylvania Real Estate Investment Trust
PEI was delisted on the 15th of December, 2022.
161 hedge funds and large institutions have $277M invested in Pennsylvania Real Estate Investment Trust in 2019 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 47 increasing their positions, 61 reducing their positions, and 22 closing their positions.
3% less funds holding
Funds holding: 166 → 161 (-5)
7% less capital invested
Capital invested by funds: $297M → $277M (-$20M)
23% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 22
23% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 61
59% less call options, than puts
Call options by funds: $2.44M | Put options by funds: $5.95M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.6M |
| 2 |
Bank of New York Mellon
New York
|
+$1.3M |
| 3 |
AA
ALPS Advisors
Denver,
Colorado
|
+$1.16M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.1M |
| 5 |
CAM
Carret Asset Management
New York
|
+$743K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$5.82M |
| 2 |
ZDA
Zweig-DiMenna Associates
New York
|
-$1.92M |
| 3 |
KM
Kalos Management
Alpharetta,
Georgia
|
-$1.08M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.03M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
-$826K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HFM
176
Harvest Fund Management
Beijing,
China
| – | -$3K | -40 | Closed |
|
|
PA
177
Parallel Advisors
San Francisco,
California
| – | -$1K | -15 | Closed |
|
|
AAMU
178
Amundi Asset Management US
Boston,
Massachusetts
| – | -$417 | -5 | -50% |
|
179
Fidelity Investments
Boston,
Massachusetts
| – | -$333 | -4 | Closed |
|
|
TFO
180
Tarbox Family Office
Newport Beach,
California
| – | -$333 | -4 | -40% |
|
|
SBL
181
Sargent Bickham Lagudis
Boulder,
Colorado
| – | +$250 | +3 | New |
|
PEI Hedge Fund Activity: Q4 2019 in Review
161 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Pennsylvania Real Estate Investment Trust (PEI) for Q4 2019, worth a combined $277M — down 6.7% from $297M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of PEI and 17 opened new positions — a net loss of 5 holders — while 61 trimmed existing stakes and 47 added.
The largest buyer was BlackRock, adding an estimated $1.6M. The largest seller was Invesco, cutting an estimated $5.82M.
- 161 institutional investors held Pennsylvania Real Estate Investment Trust (PEI) as of Q4 2019, down from 166 in Q3 2019.
- Funds reported $277M of Pennsylvania Real Estate Investment Trust stock for Q4 2019, down 6.7% quarter-over-quarter.
- 17 funds opened new Pennsylvania Real Estate Investment Trust positions in Q4 2019 and 22 closed out, a net change of -5 holders.
- The largest Pennsylvania Real Estate Investment Trust buyer in Q4 2019 was BlackRock, an estimated $1.6M added.
- The largest Pennsylvania Real Estate Investment Trust seller in Q4 2019 was Invesco, an estimated $5.82M sold.
Based on aggregated 13F filings for Q4 2019.