Vault-13

PARAMOUNT GROUP INC PGRE

COM · REIT · CUSIP 69924R108

168 institutional holders -2 vs Q3 2023
145,403,148145.4m shares reported held*
$752.1mreported value*
22 new 57 added 65 reduced 26 sold out net sold ≈ $23.2m (-4.5m 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 ≈ $5.17. Options: 1 managers hold calls ($0 notional), 3 hold puts ($47.0k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 170Q4 22: 156Q1 23: 168Q2 23: 179Q3 23: 170Q4 23: 168168Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022170
Q4 2022156
Q1 2023168
Q2 2023179
Q3 2023170
Q4 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 23Q2 23: 89 bought or addedQ2 23: 80 cut or sold outQ2 23Q3 23: 75 bought or addedQ3 23: 89 cut or sold outQ3 23Q4 23: 79 bought or addedQ4 23: 91 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20226696
Q1 202310461
Q2 20238980
Q3 20237589
Q4 20237991

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ1 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 1.16Q4 23 calls: $0Q4 23 puts: $47.0kQ4 23P/C —
Numbers
QuarterCallsPutsP/C
Q1 2023$4.9m$754.3k0.15
Q2 2023$80.6k$704.6k8.74
Q3 2023$447.7k$521.3k1.16
Q4 2023$0$47.0k—

Biggest buyers

CENTERSQUARE INVESTMENT MANAGEMENT LLC New +2,912,329+2.9m
BlackRock Inc. Added +2,257,758+2.3m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP New +1,520,014+1.5m
MORGAN STANLEY Added +1,388,922+1.4m
JPMORGAN CHASE & CO Added +813,055+813.1k
Nuveen Asset Management, LLC Added +745,404+745.4k
Balyasny Asset Management L.P. Added +732,680+732.7k
CITADEL ADVISORS LLC Added +655,053+655.1k
FIRST SABREPOINT CAPITAL MANAGEMENT LP New +226,124+226.1k
Legal & General Group Plc Added +223,834+223.8k

Biggest sellers

NORGES BANK Reduced -7,835,347-7.8m
Monarch Alternative Capital LP Sold out -4,105,000-4.1m
RUSH ISLAND MANAGEMENT, LP Sold out -1,813,717-1.8m
NORTHERN TRUST CORP Reduced -859,102-859.1k
Lighthouse Investment Partners, LLC Sold out -550,000-550.0k
LSV ASSET MANAGEMENT Reduced -533,900-533.9k
JUPITER ASSET MANAGEMENT LTD Reduced -475,808-475.8k
Investment Management Corp of Ontario Sold out -319,600-319.6k
HBK INVESTMENTS L P Reduced -267,826-267.8k
Employees Retirement System of Texas Sold out -250,000-250.0k

Biggest calls

CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Crawford Fund Management, LLC First filing $45.0k8.7k shares
SIMPLEX TRADING, LLC Reduced $2.0k400 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.00% of their portfolio New York, NY 30,665,34830.7m $158.5m $158.5m 0.00% Added +2.3m +2,257,758
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 25,584,14625.6m $132.3m $132.3m 0.00% Added +28.7k +28,720
3 NORGES BANK 0.01% of their portfolio OSLO, Q8 10,542,92510.5m $54.5m $54.5m 0.01% Reduced -7.8m -7,835,347
4 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 9,539,8489.5m $49.6m $49.6m 0.00% Added +175.0k +174,979
5 JUPITER ASSET MANAGEMENT LTD 0.43% of their portfolio London, X0 8,456,6358.5m $43.7m $43.7m 0.43% Reduced -475.8k -475,808
6 Balyasny Asset Management L.P. 0.07% of their portfolio Chicago, IL 4,816,4054.8m $24.9m $24.9m 0.07% Added +732.7k +732,680
7 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 4,756,2254.8m $24.6m $24.6m 0.01% Added +152.6k +152,622
8 Brookfield Corp /ON/ 0.14% of their portfolio TORONTO, A6 4,597,4504.6m $23.8m $23.8m 0.14% Unchanged
9 Legal & General Group Plc 0.01% of their portfolio London, X0 4,172,0934.2m $21.6m $21.6m 0.01% Added +223.8k +223,834
10 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 4,102,7194.1m $21.2m $21.2m 0.00% Added +185.2k +185,163
11 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,926,4562.9m $15.1m $15.1m 0.00% Added +813.1k +813,055
12 CENTERSQUARE INVESTMENT MANAGEMENT LLC 0.17% of their portfolio CONSHOHOCKEN, PA 2,912,3292.9m $15.1m $15.1m 0.17% New
13 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,745,1722.7m $14.2m $14.2m 0.00% Added +1.4m +1,388,922
14 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 2,290,3642.3m $11.8m $11.8m 0.00% Reduced -221.4k -221,447
15 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 2,154,0382.2m $11.1m $11.1m 0.00% Reduced -859.1k -859,102
16 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,828,3781.8m $9.5m $9.5m 0.00% Reduced -29.0k -29,021
17 HBK INVESTMENTS L P 0.22% of their portfolio DALLAS, TX 1,789,2261.8m $9.3m $9.3m 0.22% Reduced -267.8k -267,826
18 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 1,520,0141.5m $7.9m $7.9m 0.01% New
19 Presima Securities ULC 1.42% of their portfolio MONTREAL, A8 1,216,3461.2m $6.3m $6.3m 1.42% Reduced -194.4k -194,394
20 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 1,162,7661.2m $6.0m $6.0m 0.01% Added +114.0k +114,000
21 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 1,115,3261.1m $5.8m $5.8m 0.00% Added +745.4k +745,404
22 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 1,070,1181.1m $5.5m $5.5m 0.00% Added +27.9k +27,904
23 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 1,032,5851.0m $5.3m $5.3m 0.00% Reduced -175.9k -175,931
24 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 874,378874.4k $4.5m $4.5m 0.00% Added +655.1k +655,053
25 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 608,146608.1k $3.1m $3.1m 0.00% Reduced -97.6k -97,618
26 LSV ASSET MANAGEMENT 0.01% of their portfolio CHICAGO, IL 594,400594.4k $3.1m $3.1m 0.01% Reduced -533.9k -533,900
27 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 585,079585.1k $3.0m $3.0m 0.01% Added +191.5k +191,454
28 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 548,501548.5k $2.8m $2.8m 0.00% Added +203.3k +203,273
29 First Pacific Advisors, LP 0.03% of their portfolio EL SEGUNDO, CA 441,550441.6k $2.3m $2.3m 0.03% Reduced -49.5k -49,546
30 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 440,115440.1k $2.3m $2.3m 0.00% Added +18.2k +18,172
31 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 428,214428.2k $2.2m $2.2m 0.00% Added +223.0k +223,046
32 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 399,437399.4k $2.1m $2.1m 0.00% Added +27.7k +27,678
33 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 361,850361.9k $1.9m $1.9m 0.00% Added +41.2k +41,195
34 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 340,769340.8k $1.8m $1.8m 0.00% Added +1.0k +1,000
35 Swiss National Bank 0.00% of their portfolio ZURICH, V8 321,143321.1k $1.7m $1.7m 0.00% Reduced -37.0k -37,000
36 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 300,120300.1k $1.6m $1.6m 0.00% Added +38.9k +38,853
37 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 273,007273.0k $1.4m $1.4m 0.00% Reduced -153 -153
38 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 263,901263.9k $1.4m $1.4m 0.00% Reduced -189.0k -188,999
39 UBS Group AG 0.00% of their portfolio ZURICH, V8 257,081257.1k $1.3m $1.3m 0.00% Added +73.0k +73,021
40 Asset Management One Co., Ltd. 0.01% of their portfolio TOKYO, M0 255,846255.8k $1.4m $1.4m 0.01% Reduced -2.8k -2,751
41 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 247,459247.5k $1.3m $1.3m 0.01% Added +830 +830
42 Heitman Real Estate Securities LLC 0.07% of their portfolio Chicago, IL 246,884246.9k $1.3m $1.3m 0.07% Added +11.4k +11,375
43 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 240,379240.4k $1.2m $1.2m 0.00% Reduced -29.2k -29,233
44 FIRST SABREPOINT CAPITAL MANAGEMENT LP 0.53% of their portfolio DALLAS, TX 226,124226.1k $1.2m $1.2m 0.53% New
45 CAXTON ASSOCIATES LP 0.06% of their portfolio NEW YORK, NY 211,425211.4k $1.1m $1.1m 0.06% Added +176.5k +176,543
46 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 207,760207.8k $1.1m $1.1m 0.00% Added +131.9k +131,903
47 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 198,500198.5k $1.0m $1.0m 0.00% Added +20.1k +20,120
48 NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio TOKYO, M0 198,200198.2k $1.0m $1.0m 0.00% Added +16.3k +16,300
49 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 175,602175.6k $907.9k $907.9k 0.00% Reduced -9.2k -9,249
50 WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio CHICAGO, IL 171,443171.4k $886.4k $886.4k 0.01% Added +160.3k +160,285
51 Ensign Peak Advisors, Inc 0.00% of their portfolio SALT LAKE CITY, UT 156,590156.6k $809.6k $809.6k 0.00% Unchanged
52 ALGERT GLOBAL LLC 0.03% of their portfolio SAN FRANCISCO, CA 156,180156.2k $807.5k $807.5k 0.03% Unchanged
53 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 141,208141.2k $733.7k $733.7k 0.00% Reduced -11.7k -11,696
54 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 136,425136.4k $705.3k $705.3k 0.00% Reduced -7.1k -7,076
55 B. Riley Wealth Advisors, Inc. 0.02% of their portfolio MEMPHIS, TN 130,000130.0k $676.6k $676.6k 0.02% Reduced -30.0k -30,000
56 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 122,888122.9k $636.0k $636.0k 0.00% Added +4.8k +4,827
57 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 121,867121.9k $630.1k $630.1k 0.00% Reduced -2.8k -2,773
58 Nebula Research & Development LLC 0.19% of their portfolio New York, NY 120,771120.8k $624.4k $624.4k 0.19% New
59 Swedbank AB 0.00% of their portfolio STOCKHOLM, V7 119,159119.2k $616.1k $616.1k 0.00% Added +32.4k +32,408
60 Amundi 0.00% of their portfolio Paris, I0 117,801117.8k $574.9k $574.9k 0.00% Reduced -18.4k -18,446
61 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 115,554115.6k $597.4k $597.4k 0.00% Added +36.7k +36,668
62 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 114,723114.7k $593.0k $593.0k 0.01% Added +30.8k +30,799
63 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 111,982112.0k $578.9k $578.9k 0.00% Added +52.6k +52,587
64 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 105,835105.8k $530.2k $530.2k 0.00% Added +12.7k +12,653
65 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 99,63199.6k $515.1k $515.1k 0.00% New
66 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 97,65097.7k $504.9k $504.9k 0.00% Unchanged
67 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 94,54094.5k $489.2k $489.2k 0.00% Reduced -211 -211
68 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 94,35594.4k $487.8k $487.8k 0.00% Reduced -16.6k -16,593
69 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 92,38992.4k $477.7k $477.7k 0.00% Reduced -1.9k -1,889
70 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 92,01692.0k $475.7k $475.7k 0.00% Reduced -372 -372
71 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 86,97387.0k $449.7k $449.7k 0.00% Added +19.8k +19,818
72 State of Alaska, Department of Revenue 0.01% of their portfolio JUNEAU, AK 86,96287.0k $449.0k $449.0k 0.01% Reduced -552 -552
73 ClearAlpha Technologies LP 0.17% of their portfolio Greenwich, CT 86,25086.2k $445.9k $445.9k 0.17% First filing
74 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 83,88083.9k $434.2k $434.2k 0.00% Added +67.3k +67,255
75 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 82,12382.1k $424.6k $424.6k 0.00% Added +136 +136
76 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 79,10779.1k $409.0k $409.0k 0.00% Reduced -2.5k -2,548
77 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 78,39078.4k $405.3k $405.3k 0.00% Added +881 +881
78 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 77,45477.5k $400.4k $400.4k 0.00% Added +6.4k +6,444
79 DekaBank Deutsche Girozentrale 0.00% of their portfolio FRANKFURT, 2M 75,81575.8k $399.0k $399.0k 0.00% Unchanged
80 Quadrature Capital Ltd 0.01% of their portfolio LONDON, X0 71,07371.1k $367.4k $367.4k 0.01% Added +47.6k +47,586
81 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 61,63861.6k $318.7k $318.7k 0.00% Added +3.3k +3,314
82 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 61,09061.1k $315.8k $315.8k 0.00% Added +22.7k +22,708
83 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 60,02660.0k $310.0k $310.0k 0.00% Added +27.7k +27,707
84 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 59,40659.4k $307.1k $307.1k 0.00% Added +11.8k +11,774
85 Engineers Gate Manager LP 0.01% of their portfolio NEW YORK, NY 53,98954.0k $279.1k $279.1k 0.01% New
86 Handelsbanken Fonder AB 0.00% of their portfolio STOCKHOLM, V7 53,02053.0k $274.0k $274.0k 0.00% Added +11.0k +11,000
87 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 52,82852.8k $273.1k $273.1k 0.00% Unchanged
88 UniSuper Management Pty Ltd 0.00% of their portfolio Melbourne, Victoria, C3 51,50051.5k $266.3k $266.3k 0.00% Unchanged
89 Daiwa Securities Group Inc. 0.00% of their portfolio CHIYODA-KU,TOKYO, M0 50,46650.5k $261.0k $261.0k 0.00% Reduced -2.4k -2,390
90 Cambria Investment Management, L.P. 0.02% of their portfolio Manhattan Beach, CA 49,90049.9k $258.0k $258.0k 0.02% New
91 Cubist Systematic Strategies, LLC 0.00% of their portfolio STAMFORD, CT 49,09349.1k $253.8k $253.8k 0.00% New
92 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 45,56045.6k $235.5k $235.5k 0.00% Reduced -825 -825
93 Pictet Asset Management Holding SA 0.00% of their portfolio CAROUGE, V8 43,06543.1k $222.6k $222.6k 0.00% Unchanged
94 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 42,94442.9k $222.0k $222.0k 0.00% Added +39.3k +39,299
95 TWO SIGMA SECURITIES, LLC 0.01% of their portfolio NEW YORK, NY 40,13440.1k $207.5k $207.5k 0.01% New
96 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 37,80037.8k $195.0k $195.0k 0.00% Reduced -1.9k -1,900
97 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 36,08536.1k $186.0k $186.0k 0.00% Reduced -292 -292
98 Aberdeen Group plc 0.00% of their portfolio EDINBURGH, X0 35,25335.3k $182.3k $182.3k 0.00% Reduced -2.8k -2,804
99 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio HARRISBURG, PA 33,51733.5k $173.3k $173.3k 0.00% New
100 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio JUPITER, FL 32,48632.5k $168.0k $168.0k 0.00% New