Vault-13

PARAMOUNT GROUP INC PGRE

COM · REIT · CUSIP 69924R108

168 institutional holders +12 vs Q4 2022
148,026,171148.0m shares reported held*
$676.5mreported value*
29 new 75 added 44 reduced 17 sold out net bought ≈ $17.4m (+3.8m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($52.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $4.57. Options: 6 managers hold calls ($4.9m notional), 4 hold puts ($754.3k).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 170Q4 22: 156Q1 23: 168168Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022170
Q4 2022156
Q1 2023168

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 66 bought or addedQ4 22: 96 cut or sold outQ4 22Q1 23: 104 bought or addedQ1 23: 61 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20226696
Q1 202310461

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2.5m$5m$7.5m$10mQ3 22 calls: $9.9mQ3 22 puts: $0Q3 22P/C 0.00Q4 22 calls: $6.4mQ4 22 puts: $0Q4 22P/C 0.00Q1 23 calls: $4.9mQ1 23 puts: $754.3kQ1 23P/C 0.15
Numbers
QuarterCallsPutsP/C
Q3 2022$9.9m$00.00
Q4 2022$6.4m$00.00
Q1 2023$4.9m$754.3k0.15

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +1,979,857+2.0m
Long Pond Capital, LP New +1,707,305+1.7m
RENAISSANCE TECHNOLOGIES LLC Added +919,605+919.6k
Schonfeld Strategic Advisors LLC Added +904,990+905.0k
GOLDMAN SACHS GROUP INC Added +831,187+831.2k
First Pacific Advisors, LP New +609,660+609.7k
MARSHALL WACE, LLP New +563,340+563.3k
Legal & General Group Plc Added +559,682+559.7k
AQR CAPITAL MANAGEMENT LLC Added +553,089+553.1k
Graham Capital Management, L.P. New +415,718+415.7k

Biggest sellers

Monarch Alternative Capital LP Reduced -3,339,842-3.3m
Balyasny Asset Management L.P. Reduced -742,592-742.6k
GLOBEFLEX CAPITAL L P Sold out -723,800-723.8k
Nuveen Asset Management, LLC Reduced -615,675-615.7k
JPMORGAN CHASE & CO Reduced -530,511-530.5k
Allianz Asset Management GmbH Reduced -442,713-442.7k
APG Asset Management US Inc. Reduced -338,184-338.2k
VANGUARD GROUP INC Reduced -337,231-337.2k
JUPITER ASSET MANAGEMENT LTD Reduced -270,245-270.2k
NORTHERN TRUST CORP Reduced -222,877-222.9k

Biggest calls

Centiva Capital, LP Added $2.4m530.2k shares
JPMORGAN CHASE & CO Unchanged $912.0k200.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $689.9k151.3k shares
Parallax Volatility Advisers, L.P. Reduced $684.0k150.0k shares
GROUP ONE TRADING LLC Unchanged $228.0k50.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

GROUP ONE TRADING LLC New $575.9k126.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $172.4k37.8k shares
SIMPLEX TRADING, LLC New $6.0k1.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BlackRock, Inc. 13G · institution filed 2025-04-24 9.7% 21.0m 2025-04-24
Saray Capital (DIFC) Ltd 13D · may seek influence +0.2 pts · filed 2025-12-10
Stated purposeItem 4 of the Original Schedule 13D is hereby amended and supplemented as follows: On December 8, 2025, Saray Capital delivered to the Board of Directors (the "Board") of the Issuer an offer to purchase all of the Common Stock of the Issuer not owned by the Reporting Persons and their affiliates (the "Proposal"). As disclosed in a Current Report on Form 8-K, filed by the Issuer with the U.S. Securities Exchange Commission on December 10, 2025, the Board has determined the Proposal is not reasonably likely to lead to a "Superior Proposal" for purposes of the Agreement and Plan of Merger, dated as of September 17, 2025, among the Issuer, Paramount Group Operating Partnership LP, Rithm Capital Corp. ("Rithm") and certain Rithm subsidiaries. Full filing
 5.4% +0.2 pts 12.0m 2025-12-10
Long Pond Capital, LP 13G · institution new · filed 2025-05-14 5.3% new 11.7m 2025-05-14

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.00% of their portfolio New York, NY 27,938,87727.9m $127.4m $127.4m 0.00% Added +294.6k +294,582
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 26,781,33326.8m $122.1m $122.1m 0.00% Reduced -337.2k -337,231
3 NORGES BANK 0.02% of their portfolio OSLO, Q8 18,378,27218.4m $83.8m $83.8m 0.02% Unchanged
4 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 9,505,6449.5m $44.1m $44.1m 0.00% Added +95.8k +95,800
5 Brookfield Corp /ON/ 0.08% of their portfolio TORONTO, A6 4,597,4504.6m $21.0m $21.0m 0.08% Unchanged
6 Balyasny Asset Management L.P. 0.07% of their portfolio Chicago, IL 4,390,3944.4m $20.0m $20.0m 0.07% Reduced -742.6k -742,592
7 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 4,212,1744.2m $19.2m $19.2m 0.01% Added +125.1k +125,055
8 Monarch Alternative Capital LP 10.90% of their portfolio New York, NY 4,105,0004.1m $18.7m $18.7m 10.90% Reduced -3.3m -3,339,842
9 Legal & General Group Plc 0.01% of their portfolio London, X0 3,775,0573.8m $17.2m $17.2m 0.01% Added +559.7k +559,682
10 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 3,753,6083.8m $17.1m $17.1m 0.00% Added +124.1k +124,064
11 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 2,573,4192.6m $11.7m $11.7m 0.00% Added +132.1k +132,050
12 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 2,198,1592.2m $10.0m $10.0m 0.00% Reduced -222.9k -222,877
13 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,103,0462.1m $9.6m $9.6m 0.00% Added +2.0m +1,979,857
14 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 1,828,2201.8m $8.3m $8.3m 0.00% Reduced -615.7k -615,675
15 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,745,5911.7m $8.0m $8.0m 0.00% Added +831.2k +831,187
16 Long Pond Capital, LP 0.42% of their portfolio New York, NY 1,707,3051.7m $7.8m $7.8m 0.42% New
17 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 1,594,1661.6m $7.3m $7.3m 0.01% Added +202.2k +202,195
18 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 1,441,8501.4m $6.4m $6.4m 0.01% Added +553.1k +553,089
19 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 1,344,5001.3m $6.1m $6.1m 0.01% Added +919.6k +919,605
20 LSV ASSET MANAGEMENT 0.01% of their portfolio CHICAGO, IL 1,298,7001.3m $5.9m $5.9m 0.01% Reduced -40.1k -40,100
21 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,294,2601.3m $5.9m $5.9m 0.00% Reduced -530.5k -530,511
22 Presima Securities ULC 1.56% of their portfolio MONTREAL, A8 1,209,7401.2m $5.5m $5.5m 1.56% Added +17.8k +17,800
23 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 1,165,8031.2m $5.3m $5.3m 0.00% Added +9.8k +9,819
24 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 1,054,8661.1m $4.8m $4.8m 0.00% Added +67.5k +67,505
25 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 957,476957.5k $4.4m $4.4m 0.00% Added +361.1k +361,130
26 Schonfeld Strategic Advisors LLC 0.04% of their portfolio NEW YORK, NY 952,012952.0k $4.3m $4.3m 0.04% Added +905.0k +904,990
27 Holocene Advisors, LP 0.02% of their portfolio New York, NY 947,565947.6k $4.3m $4.3m 0.02% Reduced -157.9k -157,927
28 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 865,187865.2k $3.9m $3.9m 0.00% Reduced -121.8k -121,827
29 NORDEA INVESTMENT MANAGEMENT AB 0.00% of their portfolio STOCKHOLM, V7 751,302751.3k $3.3m $3.3m 0.00% Reduced -25.0k -24,973
30 JUPITER ASSET MANAGEMENT LTD 0.05% of their portfolio London, X0 742,410742.4k $3.4m $3.4m 0.05% Reduced -270.2k -270,245
31 First Pacific Advisors, LP 0.04% of their portfolio EL SEGUNDO, CA 609,660609.7k $2.8m $2.8m 0.04% New
32 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 563,340563.3k $2.6m $2.6m 0.01% New
33 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 558,902558.9k $2.5m $2.5m 0.00% Added +83.1k +83,059
34 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 454,784454.8k $2.1m $2.1m 0.00% Added +63.5k +63,470
35 Graham Capital Management, L.P. 0.07% of their portfolio ROWAYTON, CT 415,718415.7k $1.9m $1.9m 0.07% New
36 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 407,757407.8k $1.9m $1.9m 0.00% Added +222.7k +222,683
37 Swiss National Bank 0.00% of their portfolio ZURICH, V8 379,543379.5k $1.7m $1.7m 0.00% Reduced -55.8k -55,800
38 APG Asset Management US Inc. 0.01% of their portfolio New York, NY 349,970350.0k $1.6m $1.6m 0.01% Reduced -338.2k -338,184
39 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 347,572347.6k $1.6m $1.6m 0.01% Added +148.4k +148,445
40 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 343,069343.1k $1.6m $1.6m 0.00% Added +412 +412
41 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 335,975336.0k $1.5m $1.5m 0.00% Added +253.9k +253,889
42 JACOBS LEVY EQUITY MANAGEMENT, INC 0.01% of their portfolio FLORHAM PARK, NJ 306,095306.1k $1.4m $1.4m 0.01% New
43 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 289,885289.9k $1.3m $1.3m 0.00% Added +26.3k +26,283
44 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 274,891274.9k $1.3m $1.3m 0.00% Reduced -667 -667
45 Asset Management One Co., Ltd. 0.01% of their portfolio TOKYO, M0 255,913255.9k $1.2m $1.2m 0.01% Reduced -9.4k -9,430
46 Allianz Asset Management GmbH 0.00% of their portfolio MUNICH, 2M 251,614251.6k $1.1m $1.1m 0.00% Reduced -442.7k -442,713
47 UBS Group AG 0.00% of their portfolio ZURICH, V8 234,479234.5k $1.1m $1.1m 0.00% Added +65.6k +65,635
48 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 229,581229.6k $1.0m $1.0m 0.00% Added +217 +217
49 Employees Retirement System of Texas 0.02% of their portfolio AUSTIN, TX 226,700226.7k $1.0m $1.0m 0.02% Added +80.0k +80,000
50 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 224,128224.1k $1.0m $1.0m 0.00% Reduced -7.4k -7,377
51 Heitman Real Estate Securities LLC 0.05% of their portfolio Chicago, IL 218,994219.0k $998.6k $998.6k 0.05% Added +51.7k +51,708
52 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 214,853214.9k $971.3k $971.3k 0.00% Reduced -2.5k -2,484
53 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 186,519186.5k $850.5k $850.5k 0.00% Reduced -2.6k -2,644
54 NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio TOKYO, M0 172,500172.5k $786.6k $786.6k 0.00% Reduced -200 -200
55 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 159,425159.4k $727.0k $727.0k 0.00% Added +5.5k +5,486
56 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 158,689158.7k $723.6k $723.6k 0.00% Added +36.6k +36,637
57 Ensign Peak Advisors, Inc 0.00% of their portfolio SALT LAKE CITY, UT 156,590156.6k $714.0k $714.0k 0.00% Added +16.9k +16,950
58 ALGERT GLOBAL LLC 0.03% of their portfolio SAN FRANCISCO, CA 156,180156.2k $712.2k $712.2k 0.03% Added +7.1k +7,085
59 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 146,672146.7k $668.8k $668.8k 0.00% Added +65.1k +65,106
60 Amundi 0.00% of their portfolio Paris, I0 136,247136.2k $624.0k $624.0k 0.00% Added +16.9k +16,883
61 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 126,238126.2k $667.8k $667.8k 0.00% New
62 GSA CAPITAL PARTNERS LLP 0.06% of their portfolio LONDON, X0 122,969123.0k $561.0k $561.0k 0.06% Added +61.7k +61,666
63 TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio AUSTIN, TX 112,518112.5k $513.0k $513.0k 0.00% Added +36.1k +36,119
64 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 109,989110.0k $501.6k $501.6k 0.00% Reduced -13.9k -13,906
65 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 103,578103.6k $473.0k $473.0k 0.00% Added +8.9k +8,864
66 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 102,797102.8k $468.8k $468.8k 0.00% Added +56.8k +56,827
67 NATIXIS 0.00% of their portfolio PARIS, I0 100,000100.0k $456.0k $456.0k 0.00% Unchanged
68 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 99,57099.6k $454.0k $454.0k 0.00% Added +24.9k +24,930
69 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 97,65097.7k $445.3k $445.3k 0.00% Added +6.5k +6,472
70 State of Alaska, Department of Revenue 0.01% of their portfolio JUNEAU, AK 96,98597.0k $441.0k $441.0k 0.01% Added +2.8k +2,776
71 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 94,89394.9k $432.2k $432.2k 0.00% Added +60.4k +60,437
72 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 93,03993.0k $424.3k $424.3k 0.00% Reduced -35.1k -35,100
73 Strategic Family Wealth Counselors, L.L.C. 0.20% of their portfolio FAIRFIELD, NJ 92,43692.4k $421.5k $421.5k 0.20% New
74 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 90,39990.4k $412.2k $412.2k 0.00% Added +1.8k +1,799
75 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 89,31989.3k $407.3k $407.3k 0.00% Unchanged
76 Alberta Investment Management Corp 0.00% of their portfolio EDMONTON, A0 87,41587.4k $398.6k $398.6k 0.00% New
77 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 85,61185.6k $390.0k $390.0k 0.01% Added +7.0k +6,969
78 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 85,30685.3k $389.0k $389.0k 0.00% Added +3.1k +3,132
79 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 80,76280.8k $368.3k $368.3k 0.00% Added +643 +643
80 CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.01% of their portfolio RADNOR, PA 78,30278.3k $357.1k $357.1k 0.01% Reduced -4.9k -4,920
81 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 77,45077.5k $353.2k $353.2k 0.00% Added +312 +312
82 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 73,24673.2k $334.0k $334.0k 0.00% Reduced -51.2k -51,224
83 CastleKnight Management LP 0.08% of their portfolio New York, NY 72,50072.5k $330.6k $330.6k 0.08% New
84 Swedbank AB 0.00% of their portfolio STOCKHOLM, V7 72,39772.4k $330.1k $330.1k 0.00% Unchanged
85 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 69,06469.1k $314.9k $314.9k 0.00% Added +7.9k +7,862
86 Vert Asset Management LLC 0.18% of their portfolio SAUSALITO, CA 68,34168.3k $311.6k $311.6k 0.18% Added +20.8k +20,792
87 Weiss Multi-Strategy Advisers LLC 0.01% of their portfolio NEW YORK, NY 64,42464.4k $294.0k $294.0k 0.01% Reduced -285 -285
88 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 60,17460.2k $274.5k $274.5k 0.00% New
89 Quadrature Capital Ltd 0.01% of their portfolio LONDON, X0 57,22757.2k $261.0k $261.0k 0.01% New
90 Meiji Yasuda Asset Management Co Ltd. 0.01% of their portfolio Tokyo, M0 52,70452.7k $240.0k $240.0k 0.01% Unchanged
91 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 50,95651.0k $232.4k $232.4k 0.00% Added +84 +84
92 MARTINGALE ASSET MANAGEMENT L P 0.00% of their portfolio BOSTON, MA 50,70050.7k $231.2k $231.2k 0.00% Reduced -24.3k -24,311
93 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 50,68550.7k $231.1k $231.1k 0.00% Reduced -6.8k -6,798
94 Ergoteles LLC 0.01% of their portfolio NEW YORK, NY 50,52750.5k $230.4k $230.4k 0.01% Added +28.1k +28,052
95 Daiwa Securities Group Inc. 0.00% of their portfolio CHIYODA-KU,TOKYO, M0 50,41550.4k $230.0k $230.0k 0.00% Added +3.9k +3,924
96 DekaBank Deutsche Girozentrale 0.00% of their portfolio FRANKFURT, 2M 48,54248.5k $212.0k $212.0k 0.00% Added +8.6k +8,596
97 PICTET ASSET MANAGEMENT SA 0.00% of their portfolio GENEVA 73, V8 46,97247.0k $214.2k $214.2k 0.00% Reduced -35.6k -35,588
98 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 46,21746.2k $210.8k $210.8k 0.00% Added +31.2k +31,229
99 Cambria Investment Management, L.P. 0.02% of their portfolio Manhattan Beach, CA 46,20046.2k $210.7k $210.7k 0.02% Added +6.6k +6,600
100 KLK CAPITAL MANAGEMENT LLC 1.27% of their portfolio LOS ANGELES, CA 45,01345.0k $1.0m $1.0m 1.27% Added +1.0k +1,029