Pennsylvania Real Estate Investment Trust
PEI was delisted on the 15th of December, 2022.
197 hedge funds and large institutions have $679M invested in Pennsylvania Real Estate Investment Trust in 2018 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 64 increasing their positions, 67 reducing their positions, and 21 closing their positions.
10% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 21
1% more funds holding
Funds holding: 196 → 197 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 67
16% less capital invested
Capital invested by funds: $811M → $679M (-$132M)
18% less call options, than puts
Call options by funds: $2.36M | Put options by funds: $2.86M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
AEW Capital Management
Boston,
Massachusetts
|
+$39.6M |
| 2 |
ACI
AMP Capital Investors
Sydney,
Australia
|
+$15.4M |
| 3 |
GXMC
Global X Management Company
New York
|
+$10.1M |
| 4 |
Bank of New York Mellon
New York
|
+$6.09M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$4.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$10.4M |
| 2 |
Millennium Management
New York
|
-$10.2M |
| 3 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$9.32M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.72M |
| 5 |
WCP
Waterfront Capital Partners
New York
|
-$7.03M |
PEI Hedge Fund Activity: Q1 2018 in Review
197 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Pennsylvania Real Estate Investment Trust (PEI) for Q1 2018, worth a combined $679M — down 16% from $811M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new PEI positions and 21 closed out — a net gain of 2 holders — while 64 added to existing stakes and 67 trimmed.
The largest buyer was AEW Capital Management, opening a new position worth an estimated $39.6M. The largest seller was Northern Trust, cutting an estimated $10.4M.
- 197 institutional investors held Pennsylvania Real Estate Investment Trust (PEI) as of Q1 2018, up from 196 in Q4 2017.
- Funds reported $679M of Pennsylvania Real Estate Investment Trust stock for Q1 2018, down 16% quarter-over-quarter.
- 23 funds opened new Pennsylvania Real Estate Investment Trust positions in Q1 2018 and 21 closed out, a net change of +2 holders.
- The largest Pennsylvania Real Estate Investment Trust buyer in Q1 2018 was AEW Capital Management, an estimated $39.6M added.
- The largest Pennsylvania Real Estate Investment Trust seller in Q1 2018 was Northern Trust, an estimated $10.4M sold.
Based on aggregated 13F filings for Q1 2018.