Pennsylvania Real Estate Investment Trust
PEI was delisted on the 15th of December, 2022.
183 hedge funds and large institutions have $1.04B invested in Pennsylvania Real Estate Investment Trust in 2014 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 71 increasing their positions, 59 reducing their positions, and 20 closing their positions.
50% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 20
20% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 59
4% more funds holding
Funds holding: 176 → 183 (+7)
4% more call options, than puts
Call options by funds: $921K | Put options by funds: $883K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $1.05B → $1.04B (-$9.19M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
+$25M |
| 2 |
Citigroup
New York
|
+$15.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.2M |
| 4 |
BCM
Brigade Capital Management
New York
|
+$10.7M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$8.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$26.3M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$20.3M |
| 3 |
JP Morgan Chase
New York
|
-$14.5M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$6.78M |
| 5 |
LPC
Long Pond Capital
New York
|
-$6.74M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
First Manhattan
New York
| – | -$7K | -27 | Closed |
|
|
HNB
202
Huntington National Bank
Columbus,
Ohio
| – | -$2K | -8 | Closed |
|
PEI Hedge Fund Activity: Q1 2014 in Review
183 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Pennsylvania Real Estate Investment Trust (PEI) for Q1 2014, worth a combined $1.04B — down 0.88% from $1.05B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new PEI positions and 20 closed out — a net gain of 10 holders — while 71 added to existing stakes and 59 trimmed.
The largest buyer was Carlson Capital, adding an estimated $25M. The largest seller was Heitman Real Estate Securities, exiting entirely with an estimated $26.3M sold.
- 183 institutional investors held Pennsylvania Real Estate Investment Trust (PEI) as of Q1 2014, up from 176 in Q4 2013.
- Funds reported $1.04B of Pennsylvania Real Estate Investment Trust stock for Q1 2014, down 0.88% quarter-over-quarter.
- 30 funds opened new Pennsylvania Real Estate Investment Trust positions in Q1 2014 and 20 closed out, a net change of +10 holders.
- The largest Pennsylvania Real Estate Investment Trust buyer in Q1 2014 was Carlson Capital, an estimated $25M added.
- The largest Pennsylvania Real Estate Investment Trust seller in Q1 2014 was Heitman Real Estate Securities, an estimated $26.3M sold.
Based on aggregated 13F filings for Q1 2014.