Pennsylvania Real Estate Investment Trust
PEI was delisted on the 15th of December, 2022.
86 hedge funds and large institutions have $12.4M invested in Pennsylvania Real Estate Investment Trust in 2020 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 14 increasing their positions, 39 reducing their positions, and 51 closing their positions.
31% less funds holding
Funds holding: 124 → 86 (-38)
64% less call options, than puts
Call options by funds: $61K | Put options by funds: $169K
64% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 39
75% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 51
75% less capital invested
Capital invested by funds: $49.6M → $12.4M (-$37.2M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$1.27M |
| 2 |
Renaissance Technologies
New York
|
+$897K |
| 3 |
HF
HRT Financial
New York
|
+$839K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$447K |
| 5 |
Jane Street
New York
|
+$406K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$5.47M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$4.46M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.47M |
| 4 |
State Street
Boston,
Massachusetts
|
-$1.44M |
| 5 |
Bank of New York Mellon
New York
|
-$1.11M |
PEI Hedge Fund Activity: Q3 2020 in Review
86 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Pennsylvania Real Estate Investment Trust (PEI) for Q3 2020, worth a combined $12.4M — down 75% from $49.6M a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of PEI and 13 opened new positions — a net loss of 38 holders — while 39 trimmed existing stakes and 14 added.
The largest buyer was Millennium Management, adding an estimated $1.27M. The largest seller was BlackRock, cutting an estimated $5.47M.
- 86 institutional investors held Pennsylvania Real Estate Investment Trust (PEI) as of Q3 2020, down from 124 in Q2 2020.
- Funds reported $12.4M of Pennsylvania Real Estate Investment Trust stock for Q3 2020, down 75% quarter-over-quarter.
- 13 funds opened new Pennsylvania Real Estate Investment Trust positions in Q3 2020 and 51 closed out, a net change of -38 holders.
- The largest Pennsylvania Real Estate Investment Trust buyer in Q3 2020 was Millennium Management, an estimated $1.27M added.
- The largest Pennsylvania Real Estate Investment Trust seller in Q3 2020 was BlackRock, an estimated $5.47M sold.
Based on aggregated 13F filings for Q3 2020.