Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Piedmont Realty Trust Inc (PDM)

248 + 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
→ 0
Streak
1Q —
Buyers last Q
54%

Smart Money Signals — PDM

Based on 250 hedge funds · latest filing: 2026 Q2 · updated quarterly

➡️

No change last quarter

last 6Q
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
🏔️

At the ownership peak (97% of max)

97% of all-time peak
250 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 (-9 funds, -3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 54% buying

136 buying116 selling
Last quarter: 136 funds bought or added vs 116 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~39 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 26 → 29 → 36 → 39. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

68% of holders stayed for 2+ years

■ 68% conviction (2yr+) ■ 18% medium ■ 14% new
171 out of 250 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.
💰

Value +67% but shares only +6% — price-driven

Value
+67%
Shares
+5%
Last quarter: the total dollar value of institutional holdings rose +67%, but actual share count only changed +6%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📈

Growing discovery — still being found

37 → 26 → 29 → 36 → 39 new funds/Q
New funds entering each quarter: 26 → 29 → 36 → 39. A growing number of institutions are discovering PDM each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 69% veterans vs 16% newcomers

■ 69% veterans ■ 14% 1-2yr ■ 16% new
Entry-cohort mix of 251 holders: 174 (69%) are 2+ year veterans, 36 entered 1–2 years ago, and 41 (16%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 60% AUM from top-100 funds

60% from top-100 AUM funds
55 of 250 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in PDM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — 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 Q2, 136 hedge funds were net buyers of PDM (39 opened a new position, 97 added to an existing one), while 116 reduced or exited (77 trimmed, 39 sold completely) — a 54% buyer ratio, indicating a slight buying edge. 60% of total institutional value in PDM is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 250.

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 Q2 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 June 30, 2026 · 79d ago
PDM
+2.1%
XLRE
-2.2%

PDM outperformed XLRE by +4.3% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 34d ago
PDM
-1.5%
XLRE
-4.9%

Since the filing became public, PDM outperformed XLRE by +3.4% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

12 top-rated funds 0 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
0.9
/ 10
conviction
Hedge Fund Positioning: PDM
248 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 248 250 -0.8%
13F Shares 116M 111M 4.77%
Total Value $945M $646M 46.25%
New Positions 39 36 +3
Increased Positions 95 70 +25
Closed Positions 41 31 +10
Reduced Positions 77 98 -21
Total Calls 1 1 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PDM

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

248 + 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 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Wilsey Asset Management Inc 6.60% 4,909,232 $44.9M
2 Nepsis Inc. 1.50% 483,316 $4.4M
3 DC Investments Management, LLC 1.27% 405,502 $3.7M
4 Private Management Group Inc 0.98% 4,075,439 $37.3M
5 Punch & Associates Investment Management, INC. 0.52% 1,153,153 $10.6M
6 Systematic Financial Management LP 0.34% 1,854,766 $17.0M
7 Donald Smith & CO., INC. 0.31% 1,944,080 $17.8M
8 VARCOV Co. 0.23% 64,983 $595K
9 Polymer Capital Management (US) LLC 0.15% 119,923 $1.1M
10 MQS Management LLC 0.12% 10,756 $98K
11 Centersquare Investment Management LLC 0.12% 1,537,347 $14.1M
12 FJ Capital Management LLC 0.12% 100,262 $917K
13 Sherry Group, Inc. 0.10% 11,423 $106K
14 Cbre Investment Management Listed Real Assets LLC 0.10% 778,322 $7.1M
15 Hazelview Securities Inc. 0.06% 45,142 $434K
16 Cambria Investment Management, L.P. 0.05% 120,545 $1.1M
17 Glenmede Trust Co NA 0.05% 1,240,317 $11.3M
18 Wolverine Asset Management LLC 0.04% 539,513 $4.9M
19 Van Lanschot Kempen Investment Management N.V. 0.04% 579,001 $5.3M
20 Martingale Asset Management L P 0.03% 158,843 $1.5M
21 Inspire Investing, LLC 0.03% 73,116 $669K
22 Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% 1,682,483 $15.4M
23 Bfsg, LLC 0.02% 25,811 $236K
24 Pflug Koory, LLC 0.02% 4,676 $43K
25 Two Sigma Securities, LLC 0.02% 20,938 $192K
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?

No change last quarter: The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

What is the institutional breadth score for PDM?

Slight buying edge — 54% buying: Last quarter: 136 funds bought or added vs 116 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for PDM holders?

Elite ownership — 60% AUM from top-100 funds: 55 of 250 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in PDM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held PDM?

68% of holders stayed for 2+ years: 171 out of 250 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 Q2 hedge fund 13F filings?

As of today, PDM has moved -1.5% since the 2026 Q2 13F filing date (August 14, 2026), compared to -4.9% for the XLRE sector ETF — an outperformance of +3.4%. Since the quarter end (June 30, 2026), PDM has gained +2.1% vs -2.2% for XLRE. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near 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.

Full history →