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PEI

Pennsylvania Real Estate Investment Trust

Delisted

PEI was delisted on the 15th of December, 2022.

182 hedge funds and large institutions have $732M invested in Pennsylvania Real Estate Investment Trust in 2017 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 81 increasing their positions, 51 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

59% more repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 51

4% less funds holding

Funds holding: 189182 (-7)

6% less capital invested

Capital invested by funds: $781M → $732M (-$49.8M)

26% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 23

62% less call options, than puts

Call options by funds: $1.48M | Put options by funds: $3.91M

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
182
Holders Change
-7
Holders Change %
-3.7%
% of All Funds
4.54%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
17
Increased
81
Reduced
51
Closed
23
Calls
$1.48M
Puts
$3.91M
Net Calls
-$2.43M
Net Calls Change
-$54K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$120M -$931K -5,665 -0.7%
BlackRock
2
BlackRock
New York
$113M +$4.44M +26,993 +4%
BNP Paribas Asset Management
3
BNP Paribas Asset Management
France
$28.7M +$5.12M +31,169 +21%
State Street
4
State Street
Massachusetts
$28.1M -$20.7K -126 -0.1%
Northern Trust
5
Northern Trust
Illinois
$23.2M -$199K -1,210 -0.8%
PS
6
Presima Securities
Quebec, Canada
$21.6M +$17.7M +107,534 +361%
Balyasny Asset Management
7
Balyasny Asset Management
Illinois
$20.6M +$4.41M +26,818 +26%
Morgan Stanley
8
Morgan Stanley
New York
$20.4M -$2.22M -13,482 -9%
KSCM
9
King Street Capital Management
New York
$17.8M +$13.2M +80,000 +240%
Millennium Management
10
Millennium Management
New York
$17.4M +$11.9M +72,580 +190%
UIC
11
Uniplan Investment Counsel
Wisconsin
$15.3M -$519K -3,155 -3%
Victory Capital Management
12
Victory Capital Management
Texas
$15M +$200K +1,215 +1%
HRES
13
Heitman Real Estate Securities
Illinois
$13.4M +$2.61M +15,858 +23%
Bank of America
14
Bank of America
North Carolina
$11.7M +$4.01M +24,410 +49%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$11.3M +$485K +2,950 +4%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$10.9M -$521K -3,167 -4%
Fidelity Investments
17
Fidelity Investments
Massachusetts
$10.8M +$2.75M +16,707 +32%
JP Morgan Chase
18
JP Morgan Chase
New York
$10.4M +$776K +4,719 +8%
Charles Schwab
19
Charles Schwab
California
$9.9M +$2.01M +12,202 +24%
Cohen & Steers
20
Cohen & Steers
New York
$9.86M
Citadel Advisors
21
Citadel Advisors
Florida
$8.57M -$9.29M -56,508 -51%
CIMLRA
22
CBRE Investment Management Listed Real Assets
Pennsylvania
$8.47M +$8.85M +53,830 New
Geode Capital Management
23
Geode Capital Management
Massachusetts
$7.29M +$639K +3,887 +9%
SMDAM
24
Sumitomo Mitsui DS Asset Management
Japan
$7.2M +$79.1K +481 +1%
Principal Financial Group
25
Principal Financial Group
Iowa
$7.13M -$406K -2,470 -5%

PEI Hedge Fund Activity: Q3 2017 in Review

182 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Pennsylvania Real Estate Investment Trust (PEI) for Q3 2017, worth a combined $732M — down 6.4% from $781M a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of PEI and 17 opened new positions — a net loss of 6 holders — while 51 trimmed existing stakes and 81 added.

The largest buyer was Presima Securities, adding an estimated $17.7M. The largest seller was Deutsche Bank, cutting an estimated $28.4M.

  • 182 institutional investors held Pennsylvania Real Estate Investment Trust (PEI) as of Q3 2017, down from 189 in Q2 2017.
  • Funds reported $732M of Pennsylvania Real Estate Investment Trust stock for Q3 2017, down 6.4% quarter-over-quarter.
  • 17 funds opened new Pennsylvania Real Estate Investment Trust positions in Q3 2017 and 23 closed out, a net change of -6 holders.
  • The largest Pennsylvania Real Estate Investment Trust buyer in Q3 2017 was Presima Securities, an estimated $17.7M added.
  • The largest Pennsylvania Real Estate Investment Trust seller in Q3 2017 was Deutsche Bank, an estimated $28.4M sold.

Based on aggregated 13F filings for Q3 2017.