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PEI

Pennsylvania Real Estate Investment Trust

Delisted

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

177 hedge funds and large institutions have $328M invested in Pennsylvania Real Estate Investment Trust in 2019 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 70 increasing their positions, 49 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 49

7% less capital invested

Capital invested by funds: $353M → $328M (-$25.5M)

11% less funds holding

Funds holding: 199177 (-22)

45% less call options, than puts

Call options by funds: $1.19M | Put options by funds: $2.14M

54% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 41

Holders
177
Holders Change
-22
Holders Change %
-11.06%
% of All Funds
3.83%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
19
Increased
70
Reduced
49
Closed
41
Calls
$1.19M
Puts
$2.14M
Net Calls
-$955K
Net Calls Change
-$334K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$73.3M +$1.45M +14,658 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$67.3M +$13.2M +133,542 +23%
Invesco
3
Invesco
Georgia
$22.5M +$10.1M +102,264 +75%
State Street
4
State Street
Massachusetts
$22.3M +$3.73M +37,728 +19%
Victory Capital Management
5
Victory Capital Management
Texas
$12M -$8.7K -88 -0.1%
PS
6
Presima Securities
Quebec, Canada
$8.89M -$7.95M -80,420 -46%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$7.03M -$2.71M -27,391 -27%
Northern Trust
8
Northern Trust
Illinois
$6.89M -$358K -3,622 -5%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$6.75M -$44.5K -450 -0.6%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$6.28M +$685K +6,929 +12%
Charles Schwab
11
Charles Schwab
California
$5.93M -$2.37M -23,928 -28%
Prudential Financial
12
Prudential Financial
New Jersey
$5.36M +$2.65M +26,818 +89%
FP
13
Foundry Partners
Minnesota
$4M +$1.86M +18,766 +79%
Principal Financial Group
14
Principal Financial Group
Iowa
$3.27M -$71.8K -726 -2%
Norges Bank
15
Norges Bank
Norway
$3.01M -$1.07M -10,814 -25%
Millennium Management
16
Millennium Management
New York
$2.79M +$2.92M +29,519 New
Goldman Sachs
17
Goldman Sachs
New York
$2.74M -$2.36M -23,890 -45%
Ameriprise
18
Ameriprise
Minnesota
$2.45M +$149K +1,504 +6%
PPA
19
Parametric Portfolio Associates
Washington
$2.31M +$513K +5,188 +27%
Legal & General Group
20
Legal & General Group
United Kingdom
$2.23M +$81.9K +828 +4%
Morgan Stanley
21
Morgan Stanley
New York
$2M -$745K -7,534 -26%
Two Sigma Advisers
22
Two Sigma Advisers
New York
$1.99M +$38.2K +386 +2%
V
23
Veritable
Delaware
$1.96M +$659K +6,666 +47%
Citadel Advisors
24
Citadel Advisors
Florida
$1.96M +$632K +6,390 +45%
UBS Group
25
UBS Group
Switzerland
$1.94M +$606K +6,127 +43%

PEI Hedge Fund Activity: Q1 2019 in Review

177 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Pennsylvania Real Estate Investment Trust (PEI) for Q1 2019, worth a combined $328M — down 7.2% from $353M a quarter earlier.

Sellers outnumbered buyers: 41 funds closed out of PEI and 19 opened new positions — a net loss of 22 holders — while 49 trimmed existing stakes and 70 added.

The largest buyer was Vanguard Group, adding an estimated $13.2M. The largest seller was AEW Capital Management, exiting entirely with an estimated $20.1M sold.

  • 177 institutional investors held Pennsylvania Real Estate Investment Trust (PEI) as of Q1 2019, down from 199 in Q4 2018.
  • Funds reported $328M of Pennsylvania Real Estate Investment Trust stock for Q1 2019, down 7.2% quarter-over-quarter.
  • 19 funds opened new Pennsylvania Real Estate Investment Trust positions in Q1 2019 and 41 closed out, a net change of -22 holders.
  • The largest Pennsylvania Real Estate Investment Trust buyer in Q1 2019 was Vanguard Group, an estimated $13.2M added.
  • The largest Pennsylvania Real Estate Investment Trust seller in Q1 2019 was AEW Capital Management, an estimated $20.1M sold.

Based on aggregated 13F filings for Q1 2019.