Pennsylvania Real Estate Investment Trust
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.
59% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 51
4% less funds holding
Funds holding: 189 → 182 (-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: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PS
Presima Securities
Montreal,
Quebec, Canada
|
+$17.7M |
| 2 |
KSCM
King Street Capital Management
New York
|
+$13.2M |
| 3 |
Millennium Management
New York
|
+$11.9M |
| 4 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$8.85M |
| 5 |
BNP Paribas Asset Management
Paris,
France
|
+$5.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$28.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$9.29M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$6.32M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$5.95M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$3.83M |
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.