Pennsylvania Real Estate Investment Trust
PEI was delisted on the 15th of December, 2022.
196 hedge funds and large institutions have $1.38B invested in Pennsylvania Real Estate Investment Trust in 2016 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 68 increasing their positions, 62 reducing their positions, and 15 closing their positions.
107% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 15
8% more funds holding
Funds holding: 182 → 196 (+14)
10% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 62
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $1.42B → $1.38B (-$42.9M)
11% less call options, than puts
Call options by funds: $929K | Put options by funds: $1.04M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$38.7M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$32M |
| 3 |
Renaissance Technologies
New York
|
+$11.7M |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$10.6M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$9.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$59.4M |
| 2 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$41.9M |
| 3 |
JP Morgan Chase
New York
|
-$21M |
| 4 |
WCP
Waterfront Capital Partners
New York
|
-$19.2M |
| 5 |
DVM
Dreman Value Management
West Palm Beach,
Florida
|
-$11.4M |
PEI Hedge Fund Activity: Q2 2016 in Review
196 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Pennsylvania Real Estate Investment Trust (PEI) for Q2 2016, worth a combined $1.38B — down 3% from $1.42B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new PEI positions and 15 closed out — a net gain of 16 holders — while 68 added to existing stakes and 62 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $38.7M. The largest seller was Cohen & Steers, cutting an estimated $59.4M.
- 196 institutional investors held Pennsylvania Real Estate Investment Trust (PEI) as of Q2 2016, up from 182 in Q1 2016.
- Funds reported $1.38B of Pennsylvania Real Estate Investment Trust stock for Q2 2016, down 3% quarter-over-quarter.
- 31 funds opened new Pennsylvania Real Estate Investment Trust positions in Q2 2016 and 15 closed out, a net change of +16 holders.
- The largest Pennsylvania Real Estate Investment Trust buyer in Q2 2016 was Fidelity Investments, an estimated $38.7M added.
- The largest Pennsylvania Real Estate Investment Trust seller in Q2 2016 was Cohen & Steers, an estimated $59.4M sold.
Based on aggregated 13F filings for Q2 2016.