Vault-13

PARAMOUNT GROUP INC PGRE

COM · REIT · CUSIP 69924R108

170 institutional holders -9 vs Q2 2023
149,846,333149.8m shares reported held*
$692.9mreported value*
17 new 58 added 62 reduced 27 sold out net bought ≈ $5.5m (+1.2m 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. Holder counts are more reliable. Implied quarter-end price ≈ $4.62. Options: 3 managers hold calls ($447.7k notional), 3 hold puts ($521.3k).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 170Q4 22: 156Q1 23: 168Q2 23: 179Q3 23: 170170Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022170
Q4 2022156
Q1 2023168
Q2 2023179
Q3 2023170

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 23Q3 23: 75 bought or addedQ3 23: 89 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20226696
Q1 202310461
Q2 20238980
Q3 20237589

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ4 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 8.74Q3 23 calls: $447.7kQ3 23 puts: $521.3kQ3 23P/C 1.16
Numbers
QuarterCallsPutsP/C
Q4 2022$6.4m$00.00
Q1 2023$4.9m$754.3k0.15
Q2 2023$80.6k$704.6k8.74
Q3 2023$447.7k$521.3k1.16

Biggest buyers

RUSH ISLAND MANAGEMENT, LP New +1,813,717+1.8m
HBK INVESTMENTS L P Added +801,952+802.0k
GOLDMAN SACHS GROUP INC Added +624,894+624.9k
Balyasny Asset Management L.P. Added +606,421+606.4k
Lighthouse Investment Partners, LLC New +550,000+550.0k
JUPITER ASSET MANAGEMENT LTD Added +400,000+400.0k
JPMORGAN CHASE & CO Added +379,041+379.0k
Investment Management Corp of Ontario New +319,600+319.6k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +250,210+250.2k
Employees Retirement System of Texas New +250,000+250.0k

Biggest sellers

NORDEA INVESTMENT MANAGEMENT AB Sold out -869,323-869.3k
RENAISSANCE TECHNOLOGIES LLC Reduced -860,000-860.0k
Long Pond Capital, LP Sold out -620,745-620.7k
BARCLAYS PLC Reduced -507,476-507.5k
BlackRock Inc. Reduced -465,417-465.4k
MILLENNIUM MANAGEMENT LLC Reduced -240,462-240.5k
Legal & General Group Plc Reduced -227,930-227.9k
LSV ASSET MANAGEMENT Reduced -170,400-170.4k
CITADEL ADVISORS LLC Reduced -143,827-143.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -141,401-141.4k

Biggest calls

GROUP ONE TRADING LLC New $247.6k53.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $200.0k43.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

GROUP ONE TRADING LLC Added $519.3k112.4k shares
SIMPLEX TRADING, LLC Reduced $2.0k600 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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.00% of their portfolio New York, NY 28,407,59028.4m $131.2m $131.2m 0.00% Reduced -465.4k -465,417
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 25,555,42625.6m $118.1m $118.1m 0.00% Reduced -61.5k -61,462
3 NORGES BANK 0.02% of their portfolio OSLO, Q8 18,378,27218.4m $84.9m $84.9m 0.02% Unchanged
4 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 9,364,8699.4m $43.6m $43.6m 0.00% Reduced -14.8k -14,815
5 JUPITER ASSET MANAGEMENT LTD 0.46% of their portfolio London, X0 8,932,4438.9m $41.3m $41.3m 0.46% Added +400.0k +400,000
6 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 4,603,6034.6m $21.3m $21.3m 0.01% Added +250.2k +250,210
7 Brookfield Corp /ON/ 0.13% of their portfolio TORONTO, A6 4,597,4504.6m $21.2m $21.2m 0.13% Unchanged
8 Monarch Alternative Capital LP 17.33% of their portfolio New York, NY 4,105,0004.1m $19.0m $19.0m 17.33% Unchanged
9 Balyasny Asset Management L.P. 0.05% of their portfolio Chicago, IL 4,083,7254.1m $18.9m $18.9m 0.05% Added +606.4k +606,421
10 Legal & General Group Plc 0.01% of their portfolio London, X0 3,948,2593.9m $18.2m $18.2m 0.01% Reduced -227.9k -227,930
11 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 3,917,5563.9m $18.1m $18.1m 0.00% Added +119.1k +119,083
12 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 3,013,1403.0m $13.9m $13.9m 0.00% Reduced -73.6k -73,637
13 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 2,511,8112.5m $11.6m $11.6m 0.00% Added +31.3k +31,349
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,113,4012.1m $9.8m $9.8m 0.00% Added +379.0k +379,041
15 HBK INVESTMENTS L P 0.21% of their portfolio DALLAS, TX 2,057,0522.1m $9.5m $9.5m 0.21% Added +802.0k +801,952
16 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,857,3991.9m $8.6m $8.6m 0.00% Added +624.9k +624,894
17 RUSH ISLAND MANAGEMENT, LP 0.75% of their portfolio NEW YORK, NY 1,813,7171.8m $8.4m $8.4m 0.75% New
18 Presima Securities ULC 1.69% of their portfolio MONTREAL, A8 1,410,7401.4m $6.5m $6.5m 1.69% Added +226.4k +226,400
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,356,2501.4m $6.3m $6.3m 0.00% Added +14.0k +13,971
20 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 1,208,5161.2m $5.6m $5.6m 0.00% Reduced -14.4k -14,404
21 LSV ASSET MANAGEMENT 0.01% of their portfolio CHICAGO, IL 1,128,3001.1m $5.2m $5.2m 0.01% Reduced -170.4k -170,400
22 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 1,048,7661.0m $4.8m $4.8m 0.01% Added +11.9k +11,900
23 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 1,042,2141.0m $4.8m $4.8m 0.00% Reduced -12.7k -12,652
24 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 705,764705.8k $3.3m $3.3m 0.00% Added +37.5k +37,527
25 Lighthouse Investment Partners, LLC 0.15% of their portfolio Palm Beach Gardens, FL 550,000550.0k $2.5m $2.5m 0.15% New
26 First Pacific Advisors, LP 0.04% of their portfolio EL SEGUNDO, CA 491,096491.1k $2.3m $2.3m 0.04% Unchanged
27 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 452,900452.9k $2.1m $2.1m 0.00% Reduced -860.0k -860,000
28 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 421,943421.9k $1.9m $1.9m 0.00% Added +8.3k +8,254
29 Allianz Asset Management GmbH 0.00% of their portfolio MUNICH, 2M 393,625393.6k $1.8m $1.8m 0.00% Added +10.7k +10,668
30 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 371,759371.8k $1.7m $1.7m 0.00% Reduced -1.4k -1,360
31 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 369,922369.9k $1.7m $1.7m 0.00% Reduced -6.4k -6,356
32 Swiss National Bank 0.00% of their portfolio ZURICH, V8 358,143358.1k $1.7m $1.7m 0.00% Added +3.5k +3,500
33 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 345,228345.2k $1.6m $1.6m 0.00% Added +238.5k +238,465
34 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 339,769339.8k $1.6m $1.6m 0.00% Reduced -780 -780
35 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 320,655320.7k $1.5m $1.5m 0.00% Added +26.0k +26,045
36 Investment Management Corp of Ontario 0.06% of their portfolio Toronto, Z4 319,600319.6k $1.5m $1.5m 0.06% New
37 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 273,160273.2k $1.3m $1.3m 0.00% Reduced -4 -4
38 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 269,612269.6k $1.2m $1.2m 0.00% Reduced -240.5k -240,462
39 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 261,267261.3k $1.2m $1.2m 0.00% Reduced -12.3k -12,348
40 Asset Management One Co., Ltd. 0.01% of their portfolio TOKYO, M0 258,597258.6k $1.2m $1.2m 0.01% Reduced -14.5k -14,534
41 Employees Retirement System of Texas 0.02% of their portfolio AUSTIN, TX 250,000250.0k $1.2m $1.2m 0.02% New
42 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 246,629246.6k $1.1m $1.1m 0.01% Added +21.3k +21,305
43 Heitman Real Estate Securities LLC 0.07% of their portfolio Chicago, IL 235,509235.5k $1.1m $1.1m 0.07% Reduced -34.6k -34,608
44 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 219,325219.3k $1.0m $1.0m 0.00% Reduced -143.8k -143,827
45 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 205,168205.2k $947.9k $947.9k 0.00% Reduced -507.5k -507,476
46 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 184,851184.9k $854.0k $854.0k 0.00% Reduced -20.1k -20,050
47 UBS Group AG 0.00% of their portfolio ZURICH, V8 184,060184.1k $850.4k $850.4k 0.00% Reduced -76.4k -76,356
48 NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio TOKYO, M0 181,900181.9k $840.4k $840.4k 0.00% Unchanged
49 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 178,380178.4k $824.1k $824.1k 0.00% Reduced -2.7k -2,680
50 B. Riley Wealth Advisors, Inc. 0.02% of their portfolio MEMPHIS, TN 160,000160.0k $744.8k $744.8k 0.02% New
51 Ensign Peak Advisors, Inc 0.00% of their portfolio SALT LAKE CITY, UT 156,590156.6k $723.4k $723.4k 0.00% Unchanged
52 ALGERT GLOBAL LLC 0.03% of their portfolio SAN FRANCISCO, CA 156,180156.2k $721.6k $721.6k 0.03% Unchanged
53 Graham Capital Management, L.P. 0.02% of their portfolio ROWAYTON, CT 153,539153.5k $709.4k $709.4k 0.02% Reduced -44.2k -44,167
54 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 152,904152.9k $706.1k $706.1k 0.00% Reduced -33.8k -33,838
55 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 143,501143.5k $663.0k $663.0k 0.00% Reduced -28.3k -28,257
56 Amundi 0.00% of their portfolio Paris, I0 136,247136.2k $596.8k $596.8k 0.00% Unchanged
57 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 124,640124.6k $575.8k $575.8k 0.00% Reduced -34.0k -34,028
58 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 123,630123.6k $653.9k $653.9k 0.00% Reduced -66.9k -66,857
59 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 118,061118.1k $546.0k $546.0k 0.00% Added +12.5k +12,460
60 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 110,948110.9k $512.6k $512.6k 0.00% Added +27.8k +27,771
61 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 97,65097.7k $451.1k $451.1k 0.00% Unchanged
62 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 94,75194.8k $438.2k $438.2k 0.00% Added +5 +5
63 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 94,27894.3k $435.6k $435.6k 0.00% Added +18.3k +18,327
64 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 93,18293.2k $430.5k $430.5k 0.00% Added +3.9k +3,863
65 Strategic Family Wealth Counselors, L.L.C. 0.21% of their portfolio FAIRFIELD, NJ 92,68192.7k $428.2k $428.2k 0.21% Unchanged
66 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 92,38892.4k $426.8k $426.8k 0.00% Added +3.3k +3,285
67 DARK FOREST CAPITAL MANAGEMENT LP 0.04% of their portfolio NEW YORK, NY 90,77690.8k $419.4k $419.4k 0.04% Added +39.4k +39,372
68 State of Alaska, Department of Revenue 0.01% of their portfolio JUNEAU, AK 87,51487.5k $403.0k $403.0k 0.01% Added +891 +891
69 Swedbank AB 0.00% of their portfolio STOCKHOLM, V7 86,75186.8k $400.8k $400.8k 0.00% Added +14.4k +14,354
70 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 83,92483.9k $388.0k $388.0k 0.01% Added +56.1k +56,079
71 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 81,98782.0k $378.8k $378.8k 0.00% Reduced -1.6k -1,552
72 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 81,65581.7k $377.2k $377.2k 0.00% Added +12.6k +12,591
73 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 78,88678.9k $364.5k $364.5k 0.00% Added +4.2k +4,192
74 CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.01% of their portfolio RADNOR, PA 78,30278.3k $361.8k $361.8k 0.01% Unchanged
75 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 77,50977.5k $358.1k $358.1k 0.00% Added +1.1k +1,086
76 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 75,85775.9k $350.5k $350.5k 0.00% Added +990 +990
77 DekaBank Deutsche Girozentrale 0.00% of their portfolio FRANKFURT, 2M 75,81575.8k $345.0k $345.0k 0.00% Added +27.3k +27,273
78 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 71,01071.0k $328.1k $328.1k 0.00% Added +28 +28
79 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 67,15567.2k $310.3k $310.3k 0.00% Reduced -45.1k -45,086
80 TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio AUSTIN, TX 63,01463.0k $291.0k $291.0k 0.00% Reduced -37.6k -37,646
81 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 59,39559.4k $274.4k $274.4k 0.00% Reduced -141.4k -141,401
82 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 58,32458.3k $269.5k $269.5k 0.00% Added +9.3k +9,328
83 Daiwa Securities Group Inc. 0.00% of their portfolio CHIYODA-KU,TOKYO, M0 52,85652.9k $244.0k $244.0k 0.00% Added +2.4k +2,441
84 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 52,82852.8k $244.1k $244.1k 0.00% Added +270 +270
85 Meiji Yasuda Asset Management Co Ltd. 0.01% of their portfolio Tokyo, M0 51,53751.5k $238.1k $238.1k 0.01% Reduced -1.2k -1,167
86 UniSuper Management Pty Ltd 0.00% of their portfolio Melbourne, Victoria, C3 51,50051.5k $237.9k $237.9k 0.00% Unchanged
87 GSA CAPITAL PARTNERS LLP 0.02% of their portfolio LONDON, X0 48,26448.3k $223.0k $223.0k 0.02% Added +9.9k +9,921
88 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 47,63247.6k $220.1k $220.1k 0.00% Reduced -56.2k -56,183
89 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 46,38546.4k $214.3k $214.3k 0.00% Added +627 +627
90 Pictet Asset Management Holding SA 0.00% of their portfolio CAROUGE, V8 43,06543.1k $199.0k $199.0k 0.00% First filing
91 Handelsbanken Fonder AB 0.00% of their portfolio STOCKHOLM, V7 42,02042.0k $194.0k $194.0k 0.00% Unchanged
92 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 39,70039.7k $183.0k $183.0k 0.00% Reduced -46.6k -46,574
93 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 38,38238.4k $177.3k $177.3k 0.00% Unchanged
94 Aberdeen Group plc 0.00% of their portfolio EDINBURGH, X0 38,05738.1k $175.8k $175.8k 0.00% Unchanged
95 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 36,37736.4k $168.0k $168.0k 0.00% Reduced -3.1k -3,075
96 CAXTON ASSOCIATES LP 0.02% of their portfolio NEW YORK, NY 34,88234.9k $161.2k $161.2k 0.02% Added +3.2k +3,163
97 GROUP ONE TRADING LLC 0.01% of their portfolio CHICAGO, IL 33,70033.7k $155.7k $155.7k 0.01% Reduced -23.4k -23,366
98 KLK CAPITAL MANAGEMENT LLC 0.58% of their portfolio LOS ANGELES, CA 33,34733.3k $430.2k $430.2k 0.58% Reduced -783 -783
99 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 32,31932.3k $149.0k $149.0k 0.00% Added +11.8k +11,780
100 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 31,56631.6k $145.8k $145.8k 0.00% Reduced -1.7k -1,744