Pennsylvania Real Estate Investment Trust
PEI was delisted on the 15th of December, 2022.
157 hedge funds and large institutions have $1.26B invested in Pennsylvania Real Estate Investment Trust in 2015 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 58 increasing their positions, 57 reducing their positions, and 20 closing their positions.
83% more call options, than puts
Call options by funds: $792K | Put options by funds: $432K
2% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 57
7% less capital invested
Capital invested by funds: $1.35B → $1.26B (-$91.8M)
7% less funds holding
Funds holding: 169 → 157 (-12)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
55% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$42.3M |
| 2 |
Cohen & Steers
New York
|
+$16.7M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$4.54M |
| 4 |
CM
Churchill Management
Los Angeles,
California
|
+$4.36M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$3.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$24.8M |
| 2 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$14.6M |
| 3 |
SI
Standard Investments
New York
|
-$7.47M |
| 4 |
LBIM
Land & Buildings Investment Management
Stamford,
Connecticut
|
-$6.44M |
| 5 |
SRES
Starwood Real Estate Securities
Greenwich,
Connecticut
|
-$4.59M |
PEI Hedge Fund Activity: Q3 2015 in Review
157 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Pennsylvania Real Estate Investment Trust (PEI) for Q3 2015, worth a combined $1.26B — down 6.8% from $1.35B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of PEI and 9 opened new positions — a net loss of 11 holders — while 57 trimmed existing stakes and 58 added.
The largest buyer was Prudential Financial, adding an estimated $42.3M. The largest seller was Deutsche Bank, cutting an estimated $24.8M.
- 157 institutional investors held Pennsylvania Real Estate Investment Trust (PEI) as of Q3 2015, down from 169 in Q2 2015.
- Funds reported $1.26B of Pennsylvania Real Estate Investment Trust stock for Q3 2015, down 6.8% quarter-over-quarter.
- 9 funds opened new Pennsylvania Real Estate Investment Trust positions in Q3 2015 and 20 closed out, a net change of -11 holders.
- The largest Pennsylvania Real Estate Investment Trust buyer in Q3 2015 was Prudential Financial, an estimated $42.3M added.
- The largest Pennsylvania Real Estate Investment Trust seller in Q3 2015 was Deutsche Bank, an estimated $24.8M sold.
Based on aggregated 13F filings for Q3 2015.