Pennsylvania Real Estate Investment Trust
PEI was delisted on the 15th of December, 2022.
190 hedge funds and large institutions have $600M invested in Pennsylvania Real Estate Investment Trust in 2018 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 56 increasing their positions, 70 reducing their positions, and 34 closing their positions.
7% less funds holding
Funds holding: 204 → 190 (-14)
15% less capital invested
Capital invested by funds: $702M → $600M (-$103M)
20% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 70
35% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 34
53% less call options, than puts
Call options by funds: $1.76M | Put options by funds: $3.74M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$10.2M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$6.95M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$4.95M |
| 4 |
PS
Presima Securities
Montreal,
Quebec, Canada
|
+$3.26M |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Asset Management
Paris,
France
|
-$4.44M |
| 2 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
-$3.71M |
| 3 |
JP Morgan Chase
New York
|
-$2.98M |
| 4 |
AMI
Amica Mutual Insurance
Providence,
Rhode Island
|
-$2.85M |
| 5 |
APFBOT
Amica Pension Fund Board of Trustees
Providence,
Rhode Island
|
-$2.49M |
PEI Hedge Fund Activity: Q3 2018 in Review
190 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Pennsylvania Real Estate Investment Trust (PEI) for Q3 2018, worth a combined $600M — down 15% from $702M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of PEI and 22 opened new positions — a net loss of 12 holders — while 70 trimmed existing stakes and 56 added.
The largest buyer was Mirae Asset Global Investments, opening a new position worth an estimated $10.2M. The largest seller was BNP Paribas Asset Management, cutting an estimated $4.44M.
- 190 institutional investors held Pennsylvania Real Estate Investment Trust (PEI) as of Q3 2018, down from 204 in Q2 2018.
- Funds reported $600M of Pennsylvania Real Estate Investment Trust stock for Q3 2018, down 15% quarter-over-quarter.
- 22 funds opened new Pennsylvania Real Estate Investment Trust positions in Q3 2018 and 34 closed out, a net change of -12 holders.
- The largest Pennsylvania Real Estate Investment Trust buyer in Q3 2018 was Mirae Asset Global Investments, an estimated $10.2M added.
- The largest Pennsylvania Real Estate Investment Trust seller in Q3 2018 was BNP Paribas Asset Management, an estimated $4.44M sold.
Based on aggregated 13F filings for Q3 2018.