PS Business Parks, Inc.
PSB was delisted on the 19th of July, 2022.
196 hedge funds and large institutions have $2.1B invested in PS Business Parks, Inc. in 2016 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 85 increasing their positions, 54 reducing their positions, and 8 closing their positions.
213% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 8
57% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 54
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
9% more funds holding
Funds holding: 180 → 196 (+16)
6% more capital invested
Capital invested by funds: $1.98B → $2.1B (+$116M)
4% more call options, than puts
Call options by funds: $276K | Put options by funds: $265K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ESCM
Echo Street Capital Management
New York
|
+$16.5M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$15.7M |
| 3 |
Bank of New York Mellon
New York
|
+$11.4M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$10.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$49.6M |
| 2 |
Cohen & Steers
New York
|
-$41.9M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$41.6M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$15M |
| 5 |
Renaissance Technologies
New York
|
-$7.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Jane Street
New York
| – | -$246K | -2,447 | Closed |
|
|
ERSOT
202
Employees Retirement System of Texas
Austin,
Texas
| – | -$161K | -1,600 | Closed |
|
|
CCA
203
Catalyst Capital Advisors
Huntington,
New York
| – | -$64K | -640 | Closed |
|
|
GT
204
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$14K | -154 | Closed |
|
PSB Hedge Fund Activity: Q2 2016 in Review
196 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in PS Business Parks, Inc. (PSB) for Q2 2016, worth a combined $2.1B — up 5.8% from $1.98B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new PSB positions and 8 closed out — a net gain of 17 holders — while 85 added to existing stakes and 54 trimmed.
The largest buyer was Echo Street Capital Management, opening a new position worth an estimated $16.5M. The largest seller was Goldman Sachs, cutting an estimated $49.6M.
- 196 institutional investors held PS Business Parks, Inc. (PSB) as of Q2 2016, up from 180 in Q1 2016.
- Funds reported $2.1B of PS Business Parks, Inc. stock for Q2 2016, up 5.8% quarter-over-quarter.
- 25 funds opened new PS Business Parks, Inc. positions in Q2 2016 and 8 closed out, a net change of +17 holders.
- The largest PS Business Parks, Inc. buyer in Q2 2016 was Echo Street Capital Management, an estimated $16.5M added.
- The largest PS Business Parks, Inc. seller in Q2 2016 was Goldman Sachs, an estimated $49.6M sold.
Based on aggregated 13F filings for Q2 2016.