Vault-13

PARAMOUNT GROUP INC PGRE

COM · REIT · CUSIP 69924R108

179 institutional holders +11 vs Q1 2023
148,672,985148.7m shares reported held*
$659.5mreported value*
30 new 59 added 59 reduced 21 sold out net sold ≈ $3.0m (-670.9k 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 ($2.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $4.44. Options: 2 managers hold calls ($80.6k notional), 4 hold puts ($704.6k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 170Q4 22: 156Q1 23: 168Q2 23: 179179Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022170
Q4 2022156
Q1 2023168
Q2 2023179

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 23Q2 23: 89 bought or addedQ2 23: 80 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20226696
Q1 202310461
Q2 20238980

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 0.15Q2 23 calls: $80.6kQ2 23 puts: $704.6kQ2 23P/C 8.74
Numbers
QuarterCallsPutsP/C
Q3 2022$9.9m$00.00
Q4 2022$6.4m$00.00
Q1 2023$4.9m$754.3k0.15
Q2 2023$80.6k$704.6k8.74

Biggest buyers

JUPITER ASSET MANAGEMENT LTD Added +7,790,033+7.8m
BlackRock Inc. Added +934,130+934.1k
NORTHERN TRUST CORP Added +888,618+888.6k
MILLENNIUM MANAGEMENT LLC Added +468,351+468.4k
JPMORGAN CHASE & CO Added +440,100+440.1k
Legal & General Group Plc Added +401,132+401.1k
MORGAN STANLEY Added +384,803+384.8k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +141,219+141.2k
Allianz Asset Management GmbH Added +131,343+131.3k
NORDEA INVESTMENT MANAGEMENT AB Added +118,021+118.0k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -1,729,927-1.7m
Nuveen Asset Management, LLC Reduced -1,451,942-1.5m
AQR CAPITAL MANAGEMENT LLC Reduced -1,310,913-1.3m
VANGUARD GROUP INC Reduced -1,164,445-1.2m
Long Pond Capital, LP Reduced -1,086,560-1.1m
Schonfeld Strategic Advisors LLC Sold out -952,012-952.0k
Holocene Advisors, LP Sold out -947,565-947.6k
Balyasny Asset Management L.P. Reduced -913,090-913.1k
MARSHALL WACE, LLP Sold out -563,340-563.3k
PRUDENTIAL FINANCIAL INC Reduced -557,300-557.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $80.6k18.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

GROUP ONE TRADING LLC Reduced $497.0k112.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $201.6k45.5k shares
SIMPLEX TRADING, LLC Unchanged $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

Fell to 5% or below in the last year: COHEN & STEERS, INC. (3.5%, 2025-11-14)

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.00% of their portfolio New York, NY 28,873,00728.9m $127.9m $127.9m 0.00% Added +934.1k +934,130
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 25,616,88825.6m $113.5m $113.5m 0.00% Reduced -1.2m -1,164,445
3 NORGES BANK 0.02% of their portfolio OSLO, Q8 18,378,27218.4m $81.4m $81.4m 0.02% Unchanged
4 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 9,379,6849.4m $41.9m $41.9m 0.00% Reduced -126.0k -125,960
5 JUPITER ASSET MANAGEMENT LTD 0.41% of their portfolio London, X0 8,532,4438.5m $37.7m $37.7m 0.41% Added +7.8m +7,790,033
6 Brookfield Corp /ON/ 0.08% of their portfolio TORONTO, A6 4,597,4504.6m $20.4m $20.4m 0.08% Unchanged
7 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 4,353,3934.4m $19.3m $19.3m 0.01% Added +141.2k +141,219
8 Legal & General Group Plc 0.01% of their portfolio London, X0 4,176,1894.2m $18.5m $18.5m 0.01% Added +401.1k +401,132
9 Monarch Alternative Capital LP 11.00% of their portfolio New York, NY 4,105,0004.1m $18.2m $18.2m 11.00% Unchanged
10 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 3,798,4733.8m $16.8m $16.8m 0.00% Added +44.9k +44,865
11 Balyasny Asset Management L.P. 0.04% of their portfolio Chicago, IL 3,477,3043.5m $15.4m $15.4m 0.04% Reduced -913.1k -913,090
12 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 3,086,7773.1m $13.7m $13.7m 0.00% Added +888.6k +888,618
13 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 2,480,4622.5m $11.0m $11.0m 0.00% Reduced -93.0k -92,957
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,734,3601.7m $7.7m $7.7m 0.00% Added +440.1k +440,100
15 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,342,2791.3m $5.9m $5.9m 0.00% Added +384.8k +384,803
16 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 1,312,9001.3m $5.8m $5.8m 0.01% Reduced -31.6k -31,600
17 LSV ASSET MANAGEMENT 0.01% of their portfolio CHICAGO, IL 1,298,7001.3m $5.8m $5.8m 0.01% Unchanged
18 HBK INVESTMENTS L P 0.18% of their portfolio DALLAS, TX 1,255,1001.3m $5.6m $5.6m 0.18% Not comparable
19 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,232,5051.2m $5.5m $5.5m 0.00% Reduced -513.1k -513,086
20 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 1,222,9201.2m $5.4m $5.4m 0.00% Added +57.1k +57,117
21 Presima Securities ULC 1.44% of their portfolio MONTREAL, A8 1,184,3401.2m $5.2m $5.2m 1.44% Reduced -25.4k -25,400
22 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% Unchanged
23 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 1,036,8661.0m $4.6m $4.6m 0.01% Reduced -557.3k -557,300
24 NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio STOCKHOLM, V7 869,323869.3k $3.9m $3.9m 0.01% Added +118.0k +118,021
25 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 712,644712.6k $3.2m $3.2m 0.00% Reduced -152.5k -152,543
26 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 668,237668.2k $3.0m $3.0m 0.00% Added +109.3k +109,335
27 Long Pond Capital, LP 0.16% of their portfolio New York, NY 620,745620.7k $2.7m $2.7m 0.16% Reduced -1.1m -1,086,560
28 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 510,074510.1k $2.3m $2.3m 0.00% Added +468.4k +468,351
29 First Pacific Advisors, LP 0.03% of their portfolio EL SEGUNDO, CA 491,096491.1k $2.2m $2.2m 0.03% Reduced -118.6k -118,564
30 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 413,689413.7k $1.8m $1.8m 0.00% Reduced -41.1k -41,095
31 Allianz Asset Management GmbH 0.00% of their portfolio MUNICH, 2M 382,957383.0k $1.7m $1.7m 0.00% Added +131.3k +131,343
32 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 376,278376.3k $1.7m $1.7m 0.00% Reduced -1.5m -1,451,942
33 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 373,119373.1k $1.7m $1.7m 0.00% Reduced -1.7m -1,729,927
34 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 363,152363.2k $1.6m $1.6m 0.00% Added +27.2k +27,177
35 Swiss National Bank 0.00% of their portfolio ZURICH, V8 354,643354.6k $1.6m $1.6m 0.00% Reduced -24.9k -24,900
36 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 340,549340.5k $1.5m $1.5m 0.00% Reduced -2.5k -2,520
37 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 294,610294.6k $1.3m $1.3m 0.00% Added +4.7k +4,725
38 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 273,615273.6k $1.2m $1.2m 0.00% Added +44.0k +44,034
39 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 273,164273.2k $1.2m $1.2m 0.00% Reduced -1.7k -1,727
40 Asset Management One Co., Ltd. 0.01% of their portfolio TOKYO, M0 273,131273.1k $1.2m $1.2m 0.01% Added +17.2k +17,218
41 Heitman Real Estate Securities LLC 0.07% of their portfolio Chicago, IL 270,117270.1k $1.2m $1.2m 0.07% Added +51.1k +51,123
42 UBS Group AG 0.00% of their portfolio ZURICH, V8 260,416260.4k $1.2m $1.2m 0.00% Added +25.9k +25,937
43 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 225,324225.3k $998.0k $998.0k 0.00% Reduced -122.2k -122,248
44 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 204,901204.9k $907.7k $907.7k 0.00% Reduced -19.2k -19,227
45 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 200,796200.8k $889.5k $889.5k 0.00% Added +98.0k +97,999
46 Graham Capital Management, L.P. 0.03% of their portfolio ROWAYTON, CT 197,706197.7k $875.8k $875.8k 0.03% Reduced -218.0k -218,012
47 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 190,487190.5k $872.4k $872.4k 0.00% Added +64.2k +64,249
48 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 186,742186.7k $825.9k $825.9k 0.00% Reduced -28.1k -28,111
49 NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio TOKYO, M0 181,900181.9k $805.8k $805.8k 0.00% Added +9.4k +9,400
50 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 181,060181.1k $802.1k $802.1k 0.00% Reduced -5.5k -5,459
51 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 171,758171.8k $760.9k $760.9k 0.00% Added +12.3k +12,333
52 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 158,668158.7k $702.9k $702.9k 0.00% Reduced -21 -21
53 Ensign Peak Advisors, Inc 0.00% of their portfolio SALT LAKE CITY, UT 156,590156.6k $693.7k $693.7k 0.00% Unchanged
54 ALGERT GLOBAL LLC 0.03% of their portfolio SAN FRANCISCO, CA 156,180156.2k $691.9k $691.9k 0.03% Unchanged
55 Amundi 0.00% of their portfolio Paris, I0 136,247136.2k $617.2k $617.2k 0.00% Unchanged
56 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 130,937130.9k $580.0k $580.0k 0.00% Reduced -1.3m -1,310,913
57 CastleKnight Management LP 0.11% of their portfolio New York, NY 125,300125.3k $555.1k $555.1k 0.11% Added +52.8k +52,800
58 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 112,241112.2k $497.2k $497.2k 0.00% Added +85.3k +85,297
59 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 106,763106.8k $473.0k $473.0k 0.00% Added +60.5k +60,546
60 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 105,601105.6k $468.0k $468.0k 0.00% Added +2.0k +2,023
61 FMR LLC 0.00% of their portfolio BOSTON, MA 104,530104.5k $463.1k $463.1k 0.00% Added +88.7k +88,712
62 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 103,815103.8k $459.9k $459.9k 0.00% Reduced -6.2k -6,174
63 TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio AUSTIN, TX 100,660100.7k $446.0k $446.0k 0.00% Reduced -11.9k -11,858
64 NATIXIS 0.00% of their portfolio PARIS, I0 100,000100.0k $443.0k $443.0k 0.00% Unchanged
65 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 97,65097.7k $432.6k $432.6k 0.00% Unchanged
66 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 94,74694.7k $419.3k $419.3k 0.00% Reduced -147 -147
67 Strategic Family Wealth Counselors, L.L.C. 0.19% of their portfolio FAIRFIELD, NJ 92,68192.7k $410.6k $410.6k 0.19% Added +245 +245
68 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 89,31989.3k $395.7k $395.7k 0.00% Unchanged
69 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 89,10389.1k $394.7k $394.7k 0.00% Reduced -1.3k -1,296
70 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 87,85987.9k $389.2k $389.2k 0.00% New
71 State of Alaska, Department of Revenue 0.00% of their portfolio JUNEAU, AK 86,62386.6k $382.0k $382.0k 0.00% Reduced -10.4k -10,362
72 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 86,27486.3k $382.0k $382.0k 0.00% Reduced -321.5k -321,483
73 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 83,53983.5k $370.1k $370.1k 0.00% Reduced -1.8k -1,767
74 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 83,17783.2k $368.5k $368.5k 0.00% Reduced -63.5k -63,495
75 CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.01% of their portfolio RADNOR, PA 78,30278.3k $346.9k $346.9k 0.01% Unchanged
76 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 76,42376.4k $338.6k $338.6k 0.00% Added +3.2k +3,177
77 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 75,95176.0k $336.5k $336.5k 0.00% Reduced -1.5k -1,499
78 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 74,86774.9k $331.7k $331.7k 0.00% New
79 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 74,69474.7k $330.9k $330.9k 0.00% Reduced -24.9k -24,876
80 Swedbank AB 0.00% of their portfolio STOCKHOLM, V7 72,39772.4k $320.7k $320.7k 0.00% Unchanged
81 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 70,98271.0k $314.4k $314.4k 0.00% Reduced -22.1k -22,057
82 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 69,06469.1k $306.0k $306.0k 0.00% Unchanged
83 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 61,29461.3k $271.5k $271.5k 0.00% New
84 APG Asset Management N.V. 0.00% of their portfolio Amsterdam, P7 60,10060.1k $244.0k $244.0k 0.00% New
85 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 59,65959.7k $264.3k $264.3k 0.00% Added +31.8k +31,780
86 Weiss Multi-Strategy Advisers LLC 0.01% of their portfolio NEW YORK, NY 58,68158.7k $260.0k $260.0k 0.01% Reduced -5.7k -5,743
87 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 58,53658.5k $259.0k $259.0k 0.00% New
88 GROUP ONE TRADING LLC 0.01% of their portfolio CHICAGO, IL 57,06657.1k $252.8k $252.8k 0.01% Added +20.9k +20,948
89 Meiji Yasuda Asset Management Co Ltd. 0.01% of their portfolio Tokyo, M0 52,70452.7k $233.0k $233.0k 0.01% Unchanged
90 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 52,55852.6k $232.8k $232.8k 0.00% Added +23.6k +23,580
91 UniSuper Management Pty Ltd 0.00% of their portfolio Melbourne, Victoria, C3 51,50051.5k $228.1k $228.1k 0.00% First filing
92 DARK FOREST CAPITAL MANAGEMENT LP 0.02% of their portfolio NEW YORK, NY 51,40451.4k $227.7k $227.7k 0.02% New
93 Daiwa Securities Group Inc. 0.00% of their portfolio CHIYODA-KU,TOKYO, M0 50,41550.4k $223.0k $223.0k 0.00% Unchanged
94 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 48,99649.0k $217.1k $217.1k 0.00% Added +21.6k +21,555
95 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 48,79348.8k $216.0k $216.0k 0.00% New
96 DekaBank Deutsche Girozentrale 0.00% of their portfolio FRANKFURT, 2M 48,54248.5k $217.0k $217.0k 0.00% Unchanged
97 PICTET ASSET MANAGEMENT SA 0.00% of their portfolio GENEVA 73, V8 46,97247.0k $208.1k $208.1k 0.00% Unchanged
98 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 45,75845.8k $202.7k $202.7k 0.00% Reduced -5.2k -5,198
99 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 45,69845.7k $202.4k $202.4k 0.00% Reduced -11.5k -11,529
100 XTX Topco Ltd 0.03% of their portfolio LONDON, X0 42,34542.3k $187.6k $187.6k 0.03% New