Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Piedmont Realty Trust Inc (PDM)

245 + Investors. Track Smart Money conviction in PDM. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +3
Streak
1Q ▲
Buyers last Q
44%

Smart Money Signals — PDM

Based on 247 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added PDM than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (96% of max)

96% of all-time peak
247 hedge funds hold PDM right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding PDM is almost the same as a year ago (+0 funds, +0% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 44% buying

103 buying129 selling
Last quarter: 129 funds reduced or exited vs 103 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~34 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 35 → 26 → 29 → 34. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

71% of holders stayed for 2+ years

■ 71% conviction (2yr+) ■ 21% medium ■ 9% new
175 out of 247 hedge funds have held PDM for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -2%, value -31%

Value
-31%
Shares
-2%
Last quarter: funds added -2% more shares while total portfolio value only changed -31%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~34 new funds/quarter

30 → 35 → 26 → 29 → 34 new funds/Q
New funds entering each quarter: 35 → 26 → 29 → 34. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 75% of holders stayed 2+ years

■ 75% veterans ■ 12% 1-2yr ■ 13% new
Of 248 current holders: 185 (75%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 31% AUM from major funds

31% from top-100 AUM funds
54 of 247 holders rank in the top 100 by AUM, accounting for 31% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — PDM

In 2026 Q1, 103 hedge funds were net buyers of PDM (34 opened a new position, 69 added to an existing one), while 129 reduced or exited (98 trimmed, 31 sold completely) — a 44% buyer ratio, indicating roughly balanced activity. 31% of total institutional value in PDM is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +3 funds (more new holders than closures). Total institutional holders: 247.

Hedge Fund Ownership: PDM

How many hedge funds hold PDM — quarterly history vs. share price
Quarterly hedge fund ownership of PDM vs. share price

Market Analysis: PDM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PDM

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Piedmont Realty Trust Inc (PDM) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PDM has moved relative to its sector benchmark (XLRE) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 74d ago
PDM
+38.5%
XLRE
+10.0%

PDM outperformed XLRE by +28.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 29d ago
PDM
+16.7%
XLRE
+3.9%

Since the filing became public, PDM outperformed XLRE by +12.8% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

27 top-rated funds 0 high-conviction
Consensus
6.3
/ 10
breadth
×
Elite
1.0
/ 10
conviction
Hedge Fund Positioning: PDM
245 + Investors

Track Smart Money conviction in PDM. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 245 244 0.41%
13F Shares 110M 113M -3.12%
Total Value $636M $941M -32.39%
New Positions 33 29 +4
Increased Positions 69 83 -14
Closed Positions 32 33 -1
Reduced Positions 97 79 +18
Total Calls 1 0 100%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PDM

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

245 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in PDM. Verified SEC 13F-HR filings.

QUARTER:
Top 25 PDM holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Wilsey Asset Management Inc 5.04% 4,892,550 $32.1M
2 DC Investments Management, LLC 1.87% 744,654 $4.9M
3 Private Management Group Inc 0.78% 4,101,889 $26.9M
4 Helix Partners Management LP 0.77% 439,787 $2.9M
5 Nepsis Inc. 0.70% 319,406 $2.1M
6 Systematic Financial Management LP 0.25% 1,666,836 $11.0M
7 Centersquare Investment Management LLC 0.24% 3,479,473 $22.9M
8 Punch & Associates Investment Management, INC. 0.21% 550,013 $3.6M
9 Presima Securities ULC 0.17% 45,142 $297K
10 Sherry Group, Inc. 0.08% 11,423 $75K
11 Cbre Investment Management Listed Real Assets LLC 0.07% 762,121 $5.0M
12 Inspire Investing, LLC 0.04% 77,441 $509K
13 Glenmede Trust Co NA 0.04% 1,291,717 $8.5M
14 Andrews Advisory Associates, LLC 0.04% 11,320 $74K
15 OVERSEA-CHINESE BANKING Corp Ltd 0.04% 206,300 $1.4M
16 Cambria Investment Management, L.P. 0.04% 97,155 $638K
17 Hanover Advisors Inc 0.03% 12,366 $81K
18 Prudential Financial Inc 0.03% 3,502,063 $23.0M
19 Wolverine Asset Management LLC 0.02% 381,656 $2.5M
20 Polymer Capital Management (US) LLC 0.02% 33,522 $220K
21 Martingale Asset Management L P 0.02% 122,585 $805K
22 Quantbot Technologies LP 0.02% 64,171 $422K
23 DGS Capital Management, LLC 0.02% 15,980 $105K
24 Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% 1,437,438 $9.4M
25 Bfsg, LLC 0.02% 25,811 $170K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Piedmont Realty Trust Inc (PDM)

What does the Smart Money Trend signal show for PDM?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added PDM than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for PDM?

More sellers than buyers — 44% buying: Last quarter: 129 funds reduced or exited vs 103 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for PDM holders?

Strong quality — 31% AUM from major funds: 54 of 247 holders rank in the top 100 by AUM, accounting for 31% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held PDM?

71% of holders stayed for 2+ years: 175 out of 247 hedge funds have held PDM for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Piedmont Realty Trust Inc (PDM) following the 2026 Q1 hedge fund 13F filings?

As of today, PDM has moved +16.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to +3.9% for the XLRE sector ETF — an outperformance of +12.8%. Since the quarter end (March 31, 2026), PDM has gained +38.5% vs +10.0% for XLRE. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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