PGIM STRATEGIC INVESTMENTS, INC. purchased 56.8% of their position (1.14M shares) of PGIM REAL ESTATE FUND INC. on the open market
Open‑market purchase worth $31.00M — a major conviction buy. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 3/14/2024ACC: 0001104659-24-034681
10% Owner
Since Aug 2022
-2M
Net shares
Net seller
$31.00M
Total acquired
1
Open market trades
1B · 0S
2
Total transactions
1.14M acquired · 3.13M disposed
Non-Derivative Transactions2
Class I Common Stock, par value $0.001 per share
Indirect
Shares
+1.14M
Price / share
$27.31
Trade value
$31M
% of position
56.8%
9/29/2023
2M→3.13M
Class I Common Stock, par value $0.001 per share
Indirect
Shares
−3.13M
Price / share
—
Trade value
—
% of position
New position
11/1/2023
3.13M→0.00
Total
Net shares
−2M
Net value
$31M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class I Common Stock, par value $0.001 per share Indirect | 9/29/2023 | P · Purchase | +1.14M | $27.31 | $31M | 56.8% | 2M | 3.13M |
| Class I Common Stock, par value $0.001 per share Indirect | 11/1/2023 | J · J | −3.13M | — | — | New position | 3.13M | 0.00 |
| Total | −2M | $31M | ||||||
Derivative Transactions0
No derivative transactions reported