Vault-13

PARAMOUNT GROUP INC PGRE

COM · REIT · CUSIP 69924R108

175 institutional holders -9 vs Q1 2025
148,045,931148.0m shares reported held*
$903.1mreported value*
25 new 69 added 58 reduced 33 sold out net bought ≈ $9.4m (+1.5m 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 ($280.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $6.10. Options: 5 managers hold calls ($839.4k notional), 2 hold puts ($762.5k).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 170Q4 22: 156Q1 23: 168Q2 23: 179Q3 23: 170Q4 23: 168Q1 24: 167Q2 24: 173Q3 24: 189Q4 24: 192Q1 25: 184Q2 25: 175175Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022170
Q4 2022156
Q1 2023168
Q2 2023179
Q3 2023170
Q4 2023168
Q1 2024167
Q2 2024173
Q3 2024189
Q4 2024192
Q1 2025184
Q2 2025175

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 75 bought or addedQ3 23: 89 cut or sold outQ4 23: 79 bought or addedQ4 23: 91 cut or sold outQ4 23Q1 24: 76 bought or addedQ1 24: 81 cut or sold outQ2 24: 84 bought or addedQ2 24: 79 cut or sold outQ2 24Q3 24: 104 bought or addedQ3 24: 62 cut or sold outQ4 24: 93 bought or addedQ4 24: 79 cut or sold outQ4 24Q1 25: 81 bought or addedQ1 25: 98 cut or sold outQ2 25: 94 bought or addedQ2 25: 91 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20237589
Q4 20237991
Q1 20247681
Q2 20248479
Q3 202410462
Q4 20249379
Q1 20258198
Q2 20259491

Calls vs puts

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

CallsPuts
$0$250k$500k$750k$1mQ3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $12.3kQ4 24 puts: $1.5kQ4 24P/C 0.12Q1 25 calls: $6.9kQ1 25 puts: $0Q1 25P/C 0.00Q2 25 calls: $839.4kQ2 25 puts: $762.5kQ2 25P/C 0.91
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$12.3k$1.5k0.12
Q1 2025$6.9k$00.00
Q2 2025$839.4k$762.5k0.91

Biggest buyers

COHEN & STEERS, INC. Added +11,843,707+11.8m
Alyeska Investment Group, L.P. New +4,222,048+4.2m
RUSH ISLAND MANAGEMENT, LP New +2,015,533+2.0m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Added +1,466,253+1.5m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +1,419,763+1.4m
Balyasny Asset Management L.P. Added +1,027,484+1.0m
Hudson Bay Capital Management LP New +1,001,440+1.0m
CITADEL ADVISORS LLC Added +867,659+867.7k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +667,786+667.8k
Solel Partners LP Added +618,474+618.5k

Biggest sellers

Long Pond Capital, LP Reduced -9,454,562-9.5m
BlackRock, Inc. Reduced -6,353,299-6.4m
JUPITER ASSET MANAGEMENT LTD Reduced -4,122,773-4.1m
HBK INVESTMENTS L P Reduced -1,475,314-1.5m
Legal & General Group Plc Reduced -1,451,752-1.5m
JPMORGAN CHASE & CO Reduced -1,069,365-1.1m
Qube Research & Technologies Ltd Sold out -488,298-488.3k
GSA CAPITAL PARTNERS LLP Sold out -402,937-402.9k
J. Goldman & Co LP Sold out -375,470-375.5k
ALGERT GLOBAL LLC Reduced -289,540-289.5k

Biggest calls

HBK INVESTMENTS L P Not comparable $762.5k125.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $76.2k12.5k shares
GROUP ONE TRADING LLC Reduced $610100 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
SIMPLEX TRADING, LLC Unchanged $0100 shares

Biggest puts

Caption Management, LLC New $762.5k125.0k 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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 26,713,16826.7m $163.0m $163.0m 0.00% Reduced -269.3k -269,317
2 BlackRock, Inc. 0.00% of their portfolio New York, NY 21,223,32321.2m $129.5m $129.5m 0.00% Reduced -6.4m -6,353,299
3 COHEN & STEERS, INC. 0.21% of their portfolio NEW YORK, NY 18,984,94619.0m $115.8m $115.8m 0.21% Added +11.8m +11,843,707
4 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 8,384,9058.4m $51.1m $51.1m 0.00% Added +133.4k +133,428
5 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio BOSTON, MA 4,933,1214.9m $30.1m $30.1m 0.02% Added +1.4m +1,419,763
6 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 4,752,5604.8m $29.0m $29.0m 0.00% Added +103.0k +103,003
7 Alyeska Investment Group, L.P. 0.09% of their portfolio CHICAGO, IL 4,222,0484.2m $25.8m $25.8m 0.09% New
8 Solel Partners LP 4.46% of their portfolio BOSTON, MA 4,202,7294.2m $25.6m $25.6m 4.46% Added +618.5k +618,474
9 Legal & General Group Plc 0.01% of their portfolio London, X0 3,862,0833.9m $23.6m $23.6m 0.01% Reduced -1.5m -1,451,752
10 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 3,672,0063.7m $22.4m $22.4m 0.00% Added +667.8k +667,786
11 JUPITER ASSET MANAGEMENT LTD 0.17% of their portfolio London, X0 3,266,3763.3m $19.9m $19.9m 0.17% Reduced -4.1m -4,122,773
12 Balyasny Asset Management L.P. 0.04% of their portfolio Chicago, IL 3,111,5863.1m $19.0m $19.0m 0.04% Added +1.0m +1,027,484
13 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 2,863,2592.9m $17.5m $17.5m 0.00% Added +16.9k +16,927
14 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 2,338,7202.3m $14.3m $14.3m 0.00% Added +123.5k +123,526
15 Long Pond Capital, LP 0.92% of their portfolio New York, NY 2,282,8712.3m $13.9m $13.9m 0.92% Reduced -9.5m -9,454,562
16 RUSH ISLAND MANAGEMENT, LP 0.80% of their portfolio NEW YORK, NY 2,015,5332.0m $12.3m $12.3m 0.80% New
17 Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio FRANKFURT AM MAIN, 2M 1,926,5881.9m $11.8m $11.8m 0.02% Added +493.2k +493,207
18 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 1,736,2001.7m $10.6m $10.6m 0.00% Added +1.5m +1,466,253
19 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 1,670,5081.7m $10.2m $10.2m 0.00% Added +252.9k +252,858
20 HBK INVESTMENTS L P 0.14% of their portfolio DALLAS, TX 1,316,4601.3m $8.0m $8.0m 0.14% Reduced -1.5m -1,475,314
21 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 1,257,6571.3m $7.7m $7.7m 0.01% Added +2.9k +2,851
22 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,233,8761.2m $7.5m $7.5m 0.00% Added +320.9k +320,868
23 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,201,5611.2m $7.3m $7.3m 0.00% Reduced -1.1m -1,069,365
24 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 1,175,4151.2m $7.2m $7.2m 0.01% Added +488.8k +488,840
25 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 1,115,8001.1m $6.8m $6.8m 0.01% Added +264.7k +264,700
26 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 1,087,1351.1m $6.6m $6.6m 0.01% Added +867.7k +867,659
27 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,054,3021.1m $6.4m $6.4m 0.00% Added +482.6k +482,574
28 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,017,1501.0m $6.2m $6.2m 0.00% Added +105.3k +105,339
29 Hudson Bay Capital Management LP 0.04% of their portfolio STAMFORD, CT 1,001,4401.0m $6.1m $6.1m 0.04% New
30 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 801,175801.2k $4.9m $4.9m 0.00% Reduced -79.3k -79,279
31 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 786,687786.7k $4.8m $4.8m 0.00% Reduced -104.9k -104,913
32 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 737,939737.9k $4.5m $4.5m 0.00% Added +99.6k +99,621
33 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 687,487687.5k $4.2m $4.2m 0.00% Reduced -89.4k -89,446
34 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 647,216647.2k $3.9m $3.9m 0.01% Reduced -66.2k -66,158
35 Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio VANCOUVER, A1 591,527591.5k $3.6m $3.6m 0.01% Reduced -77.8k -77,835
36 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 368,100368.1k $2.2m $2.2m 0.00% Reduced -212.8k -212,800
37 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 359,120359.1k $2.2m $2.2m 0.00% Added +139.7k +139,703
38 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 356,586356.6k $2.2m $2.2m 0.00% Reduced -28.1k -28,070
39 Swiss National Bank 0.00% of their portfolio ZURICH, V8 356,043356.0k $2.2m $2.2m 0.00% Added +18.9k +18,900
40 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 335,214335.2k $2.0m $2.0m 0.00% Added +3.8k +3,760
41 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 285,652285.7k $1.7m $1.7m 0.00% Added +36.3k +36,312
42 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 271,861271.9k $1.7m $1.7m 0.01% Added +3.8k +3,787
43 Asset Management One Co., Ltd. 0.01% of their portfolio TOKYO, M0 264,250264.2k $1.6m $1.6m 0.01% Added +6.4k +6,427
44 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 261,477261.5k $1.6m $1.6m 0.00% Added +15.8k +15,763
45 NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio TOKYO, M0 255,600255.6k $1.6m $1.6m 0.00% Added +7.0k +7,000
46 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 252,597252.6k $1.5m $1.5m 0.00% Reduced -7.9k -7,934
47 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio JUPITER, FL 235,399235.4k $1.4m $1.4m 0.01% New
48 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 234,542234.5k $1.4m $1.4m 0.00% Added +71.1k +71,143
49 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 217,391217.4k $1.3m $1.3m 0.00% Added +152.7k +152,663
50 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 216,043216.0k $1.3m $1.3m 0.00% Added +12.4k +12,379
51 MARTINGALE ASSET MANAGEMENT L P 0.03% of their portfolio BOSTON, MA 211,630211.6k $1.3m $1.3m 0.03% Added +44.6k +44,600
52 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 205,868205.9k $1.3m $1.3m 0.00% Reduced -3.5k -3,478
53 Jump Financial, LLC 0.02% of their portfolio Chicago, IL 202,528202.5k $1.2m $1.2m 0.02% New
54 Quinn Opportunity Partners LLC 0.10% of their portfolio CHARLOTTESVILLE, VA 194,400194.4k $1.2m $1.2m 0.10% Added +110.0k +110,000
55 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 193,277193.3k $1.2m $1.2m 0.00% Added +125.4k +125,419
56 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 179,953180.0k $1.1m $1.1m 0.00% Reduced -35.8k -35,826
57 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 175,999176.0k $1.1m $1.1m 0.00% Added +12.2k +12,177
58 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 161,360161.4k $984.3k $984.3k 0.00% Reduced -1.9k -1,942
59 Starwood Capital Group Management, L.L.C. 0.64% of their portfolio MIAMI BEACH, FL 159,399159.4k $972.3k $972.3k 0.64% New
60 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 141,517141.5k $863.3k $863.3k 0.00% Added +123.2k +123,232
61 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 136,864136.9k $834.9k $834.9k 0.00% Added +23.7k +23,720
62 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 134,423134.4k $820.0k $820.0k 0.00% Added +12.6k +12,581
63 Steadtrust LLC 0.62% of their portfolio ALLEN, TX 130,000130.0k $793.0k $793.0k 0.62% First filing
64 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 115,565115.6k $704.9k $704.9k 0.00% Added +11.6k +11,648
65 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 110,487110.5k $674.0k $674.0k 0.00% Unchanged
66 Allianz Asset Management GmbH 0.00% of their portfolio MUNICH, 2M 106,224106.2k $648.0k $648.0k 0.00% Reduced -1.2k -1,210
67 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 102,781102.8k $627.0k $627.0k 0.00% Reduced -6.8k -6,782
68 Ensign Peak Advisors, Inc 0.00% of their portfolio SALT LAKE CITY, UT 97,82097.8k $596.7k $596.7k 0.00% Reduced -51.2k -51,250
69 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 94,91994.9k $579.0k $579.0k 0.00% New
70 INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio WEST PALM BEACH, FL 91,57291.6k $558.6k $558.6k 0.01% Reduced -13.8k -13,776
71 State of Alaska, Department of Revenue 0.01% of their portfolio JUNEAU, AK 90,26890.3k $550.0k $550.0k 0.01% Added +1.8k +1,768
72 Amundi 0.00% of their portfolio Paris, I0 90,03590.0k $543.8k $543.8k 0.00% Reduced -11.0k -11,029
73 WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio CHICAGO, IL 85,10385.1k $519.1k $519.1k 0.01% Added +72.9k +72,908
74 Cambria Investment Management, L.P. 0.03% of their portfolio Manhattan Beach, CA 81,82481.8k $499.1k $499.1k 0.03% Reduced -25.4k -25,444
75 XTX Topco Ltd 0.02% of their portfolio LONDON, X0 79,16379.2k $482.9k $482.9k 0.02% Reduced -83.8k -83,805
76 Resona Asset Management Co.,Ltd. 0.00% of their portfolio KOTO-KU,TOKYO, M0 73,35573.4k $446.1k $446.1k 0.00% Reduced -6.8k -6,795
77 Handelsbanken Fonder AB 0.00% of their portfolio STOCKHOLM, V7 72,92072.9k $445.0k $445.0k 0.00% Unchanged
78 State of Wyoming 0.05% of their portfolio CHEYENNE, WY 71,00071.0k $433.1k $433.1k 0.05% Added +47.0k +46,974
79 Caption Management, LLC 0.04% of their portfolio OKLAHOMA CITY, OK 70,00070.0k $427.0k $427.0k 0.04% New
80 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 69,11469.1k $421.6k $421.6k 0.00% Added +2.4k +2,350
81 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 68,58768.6k $418.4k $418.4k 0.00% Reduced -55.3k -55,335
82 DekaBank Deutsche Girozentrale 0.00% of their portfolio FRANKFURT, 2M 67,72267.7k $409.0k $409.0k 0.00% Unchanged
83 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 65,99166.0k $402.5k $402.5k 0.00% Added +38.5k +38,461
84 Aigen Investment Management, LP 0.05% of their portfolio NEW YORK, NY 65,30065.3k $398.3k $398.3k 0.05% New
85 Daiwa Securities Group Inc. 0.00% of their portfolio CHIYODA-KU,TOKYO, M0 64,00964.0k $390.0k $390.0k 0.00% Added +2.1k +2,100
86 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 61,59061.6k $375.4k $375.4k 0.00% Reduced -32.1k -32,100
87 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 61,09061.1k $372.6k $372.6k 0.00% Unchanged
88 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio HARRISBURG, PA 59,66459.7k $363.9k $363.9k 0.00% Unchanged
89 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 58,46158.5k $356.6k $356.6k 0.00% Unchanged
90 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 54,98155.0k $335.4k $335.4k 0.00% Reduced -53.9k -53,899
91 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 54,38154.4k $331.7k $331.7k 0.00% Added +4.5k +4,466
92 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 53,10753.1k $324.0k $324.0k 0.00% Added +4.2k +4,197
93 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 52,82852.8k $322.3k $322.3k 0.00% Unchanged
94 Aberdeen Group plc 0.00% of their portfolio EDINBURGH, X0 52,62052.6k $321.0k $321.0k 0.00% Added +4.5k +4,514
95 UniSuper Management Pty Ltd 0.00% of their portfolio Melbourne, Victoria, C3 51,50051.5k $314.1k $314.1k 0.00% Unchanged
96 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 49,74949.7k $303.5k $303.5k 0.00% Unchanged
97 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 49,02049.0k $299.0k $299.0k 0.00% Added +9.8k +9,799
98 Sumitomo Mitsui DS Asset Management Company, Ltd 0.00% of their portfolio TOKYO, M0 45,42345.4k $277.1k $277.1k 0.00% Unchanged
99 Modern Wealth Management, LLC 0.01% of their portfolio KANSAS CITY, MO 42,74542.7k $260.7k $260.7k 0.01% New
100 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 41,70941.7k $254.4k $254.4k 0.00% Unchanged