PDMNYSEOpeators of Nonresidential BuildingsFiscal year ends December 31
Piedmont Realty Trust, Inc.
Financials through Q1 FY2026, quarter ended Mar 31, 2026Last filing: 10-Q on Jul 28, 2026
$8.94−0.15 (-1.65%)
Close on Oct 19, 2026
- Market cap
- $1.12B
- P/E (TTM)
- –
- Dividend yield
- 1.40%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
93.3%
117M of 125M shares
Institutional holders
253
37 new, 33 sold out
Net institutional buying
5M
In Q2 2026
Insider trades, 12 months
0 buys · 0 sales
Open-market trades only
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Cohen & Steers Capital Management, Inc. | 8,088,690 | 6.47% | 13G (passive) amendment | Jun 30, 2026 |
| Cohen & Steers, Inc. | 6,698,202 | 5.38% | 13G (passive) | Dec 31, 2025 |
| Vanguard Capital Management | 6,649,513 | 5.31% | 13G (passive) | Mar 31, 2026 |
| BlackRock, Inc. | 13,768,776 | 11.10% | 13G (passive) amendment | Mar 31, 2025 |
| Vanguard Portfolio Management | 12,582,948 | 10.10% | 13G (passive) | Jan 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of PDM | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 15,297,139 | 12.22% | $139.97M | +225,530 | 0.00% |
| Vanguard Portfolio Management LLC | 12,682,795 | 10.14% | $116.05M | +195,646 | 0.01% |
| Cohen & Steers, Inc. | 8,088,690 | 6.46% | $74.01K | +661,633 | 0.12% |
| Deutsche Bank AG\ | 5,728,312 | 4.58% | $52.41M | +5,587,771 | 0.02% |
| Vanguard Capital Management LLC | 5,566,973 | 4.45% | $50.94M | −81,900 | 0.00% |
| State Street Corp | 5,273,638 | 4.21% | $48.25M | −31,695 | 0.00% |
| Wilsey Asset Management Inc | 4,909,232 | 3.92% | $44.92M | +16,682 | 6.60% |
| Private Management Group Inc | 4,075,439 | 3.26% | $37.29M | −26,450 | 0.98% |
| Lsv Asset Management | 3,835,454 | 3.07% | $35.09K | −3,800 | 0.06% |
| Geode Capital Management, LLC | 3,527,442 | 2.82% | $32.28M | +294,914 | 0.00% |
| Charles Schwab Investment Management Inc | 3,383,229 | 2.70% | $30.96M | +185,856 | 0.00% |
| Wellington Management Group Llp | 3,350,794 | 2.68% | $30.66M | +474,144 | 0.01% |
| Two Sigma Investments, LP | 1,981,922 | 1.58% | $18.13M | +443,101 | 0.01% |
| Donald Smith & Co., Inc. | 1,944,080 | 1.55% | $17.79M | New | 0.31% |
| Systematic Financial Management LP | 1,854,766 | 1.48% | $16.97M | +187,930 | 0.34% |
| Ameriprise Financial Inc | 1,705,645 | 1.36% | $15.59M | −565,468 | 0.00% |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 1,682,483 | 1.34% | $15.39M | +245,045 | 0.02% |
| Northern Trust Corp | 1,576,805 | 1.26% | $14.43M | +94,605 | 0.00% |
| Centersquare Investment Management LLC | 1,537,347 | 1.23% | $14.07M | −1,942,126 | 0.12% |
| Dimensional Fund Advisors LP | 1,298,196 | 1.04% | $11.88M | −256,204 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 253 | 117M | 93.3% | 37 / 98 | 78 / 33 | 16M | 11M |
| Q1 2026 | 254 | 112M | 89.6% | 35 / 69 | 103 / 27 | 27M | 9M |
| Q4 2025 | 249 | 114M | 90.9% | 29 / 85 | 77 / 28 | 10M | 8M |
| Q3 2025 | 253 | 113M | 90.3% | 25 / 76 | 103 / 34 | 10M | 8M |
| Q2 2025 | 263 | 112M | 89.1% | 36 / 92 | 89 / 21 | 18M | 11M |
| Q1 2025 | 252 | 107M | 85.2% | 30 / 78 | 96 / 30 | 5M | 7M |
| Q4 2024 | 255 | 110M | 88.0% | 37 / 84 | 83 / 22 | 10M | 10M |
| Q3 2024 | 244 | 110M | 87.7% | 35 / 81 | 81 / 21 | 25M | 6M |
| Q2 2024 | 231 | 107M | 85.9% | 29 / 88 | 77 / 29 | 9M | 13M |
| Q1 2024 | 236 | 112M | 89.2% | 25 / 85 | 83 / 24 | 9M | 5M |
| Q4 2023 | 237 | 108M | 86.4% | 32 / 79 | 87 / 32 | 12M | 7M |
| Q3 2023 | 240 | 103M | 82.4% | 25 / 82 | 90 / 29 | 10M | 13M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of PDM | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Real Estate Index Fund | 4,757,226 | 3.80% | $46.10M | 0.06% | Jul 31, 2026 |
| Vanguard Total Stock Market Index Fund | 3,992,779 | 3.19% | $36.53M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 3,306,225 | 2.64% | $30.25M | 0.04% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 2,864,267 | 2.29% | $26.21M | 0.01% | Jun 30, 2026 |
| DWS RREEF Real Assets Fund | 1,880,500 | 1.50% | $17.21M | 0.37% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 1,816,236 | 1.45% | $16.62M | 0.02% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 1,443,002 | 1.15% | $13.20M | 0.01% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 1,393,183 | 1.11% | $13.50M | 0.04% | Jul 31, 2026 |
| Columbia Small Cap Value Discovery Fund | 1,188,891 | 0.95% | $11.52M | 0.46% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 1,182,388 | 0.94% | $10.82M | 0.07% | Jun 30, 2026 |
| Small Cap Equity Portfolio | 1,102,919 | 0.88% | $10.69M | 1.03% | Jul 31, 2026 |
| Vanguard Strategic Equity Fund | 1,022,627 | 0.82% | $9.36M | 0.08% | Jun 30, 2026 |
| Cohen & Steers Real Estate Active ETF | 972,577 | 0.78% | $8.90M | 2.02% | Jun 30, 2026 |
| Schwab Fundamental U.S. Small Company ETF | 946,241 | 0.76% | $7.86M | 0.09% | May 31, 2026 |
| Schwab U.S. REIT ETF | 883,784 | 0.71% | $7.34M | 0.07% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Christopher Brent Smith | President & Chief Exec. Off, Director | 694,746 | 0.56% | Feb 25, 2026 |
| Christopher A. Kollme | EVP of Investments | 123,123 | 0.10% | Feb 25, 2026 |
| Alex Valente | EVP- Co-COO | 84,879 | 0.07% | Feb 25, 2026 |
| George M. Wells | EVP- Co-COO | 158,632 | 0.13% | Feb 25, 2026 |
| Laura P. Moon | EVP- CAO | 112,941 | 0.09% | Feb 25, 2026 |
| Sherry L. Rexroad | EVP-CFO | 43,151 | 0.03% | Feb 18, 2026 |
| Robert K. Wiberg | EVP-NE Reg&Head of Development | 175,887 | 0.14% | Jan 3, 2025 |
| Mary M. Hager | Director | 49,190 | 0.04% | May 13, 2026 |
| Kelly Hefner Barrett | Director | 97,426 | 0.08% | May 13, 2026 |
| Glenn Gary Cohen | Director | 82,083 | 0.07% | May 13, 2026 |
| Barbara B. Lang | Director | 61,842 | 0.05% | May 13, 2026 |
| Dale H. Taysom | Director | 97,372 | 0.08% | May 13, 2026 |
| Stephen E. Lewis | Director | 17,529 | 0.01% | May 13, 2026 |
| Jeffrey Donnelly | Director | 13,672 | 0.01% | May 13, 2026 |
| Deneen L. Donnley | Director | 17,529 | 0.01% | May 13, 2026 |
| Venkatesh S. Durvasula | Director | 26,251 | 0.02% | May 8, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Jeffrey Donnelly Director | May 12, 2026 | Tax withholding | −3,348 | $8.15 | $27.29K | 13,672 |
| Jeffrey Donnelly Director | May 12, 2026 | Option exercise | +15,217 | – | – | 17,020 |
| Barbara B. Lang Director | May 12, 2026 | Tax withholding | −4,566 | $8.15 | $37.21K | 61,842 |
| Barbara B. Lang Director | May 12, 2026 | Option exercise | +15,217 | – | – | 66,408 |
| Deneen L. Donnley Director | May 12, 2026 | Option exercise | +15,217 | – | – | 17,529 |
| Mary M. Hager Director | May 12, 2026 | Option exercise | +15,217 | – | – | 49,190 |
| Stephen E. Lewis Director | May 12, 2026 | Option exercise | +15,217 | – | – | 17,529 |
| Kelly Hefner Barrett Director | May 12, 2026 | Option exercise | +15,217 | – | – | 97,426 |
| Dale H. Taysom Director | May 12, 2026 | Option exercise | +15,217 | – | – | 97,372 |
| Glenn Gary Cohen Director | May 12, 2026 | Option exercise | +15,217 | – | – | 82,083 |
| Laura P. Moon EVP- CAO | Feb 23, 2026 | Tax withholding | −1,176 | $7.62 | $8.96K | 79,277 |
| Laura P. Moon EVP- CAO | Feb 23, 2026 | Option exercise | +2,640 | – | – | 80,453 |
| Christopher A. Kollme EVP of Investments | Feb 23, 2026 | Tax withholding | −1,685 | $7.62 | $12.84K | 123,123 |
| Christopher A. Kollme EVP of Investments | Feb 23, 2026 | Option exercise | +3,960 | – | – | 124,808 |
| George M. Wells EVP- Co-COO | Feb 23, 2026 | Tax withholding | −2,352 | $7.62 | $17.92K | 158,632 |
| George M. Wells EVP- Co-COO | Feb 23, 2026 | Option exercise | +5,280 | – | – | 160,984 |
| Alex Valente EVP- Co-COO | Feb 23, 2026 | Option exercise | +3,696 | – | – | 84,879 |
| Alex Valente EVP- Co-COO | Feb 23, 2026 | Tax withholding | −1,647 | $7.62 | $12.55K | 83,232 |
| Christopher Brent Smith President & Chief Exec. Off, Director | Feb 23, 2026 | Tax withholding | −15,051 | $7.62 | $114.69K | 694,746 |
| Christopher Brent Smith President & Chief Exec. Off, Director | Feb 23, 2026 | Option exercise | +33,791 | – | – | 709,797 |
| Christopher A. Kollme EVP of Investments | Feb 20, 2026 | Tax withholding | −2,436 | $7.98 | $19.44K | 120,848 |
| Christopher A. Kollme EVP of Investments | Feb 20, 2026 | Option exercise | +5,725 | – | – | 123,284 |
| George M. Wells EVP- Co-COO | Feb 20, 2026 | Option exercise | +10,496 | – | – | 160,379 |
| George M. Wells EVP- Co-COO | Feb 20, 2026 | Tax withholding | −4,675 | $7.98 | $37.31K | 155,704 |
| Christopher Brent Smith President & Chief Exec. Off, Director | Feb 20, 2026 | Tax withholding | −23,121 | $7.98 | $184.51K | 676,006 |
| Christopher Brent Smith President & Chief Exec. Off, Director | Feb 20, 2026 | Option exercise | +51,909 | – | – | 699,127 |
| Laura P. Moon SVP- CAO | Feb 20, 2026 | Tax withholding | −1,785 | $7.98 | $14.24K | 77,813 |
| Laura P. Moon SVP- CAO | Feb 20, 2026 | Option exercise | +4,007 | – | – | 79,598 |
| Alex Valente EVP- Co-COO | Feb 20, 2026 | Option exercise | +6,106 | – | – | 83,903 |
| Alex Valente EVP- Co-COO | Feb 20, 2026 | Tax withholding | −2,720 | $7.98 | $21.71K | 81,183 |
| Christopher Brent Smith President & Chief Exec. Off, Director | Feb 13, 2026 | Option exercise | +37,677 | – | – | 664,000 |
| Christopher Brent Smith President & Chief Exec. Off, Director | Feb 13, 2026 | Tax withholding | −16,782 | $8.25 | $138.45K | 647,218 |
| Christopher A. Kollme EVP of Investments | Feb 13, 2026 | Tax withholding | −1,916 | $8.25 | $15.81K | 117,559 |
| Christopher A. Kollme EVP of Investments | Feb 13, 2026 | Option exercise | +4,502 | – | – | 119,475 |
| Alex Valente EVP- Co-COO | Feb 13, 2026 | Option exercise | +5,391 | – | – | 80,199 |
| Alex Valente EVP- Co-COO | Feb 13, 2026 | Tax withholding | −2,402 | $8.25 | $19.82K | 77,797 |
| Laura P. Moon SVP- CAO | Feb 13, 2026 | Option exercise | +2,606 | – | – | 76,752 |
| Laura P. Moon SVP- CAO | Feb 13, 2026 | Tax withholding | −1,161 | $8.25 | $9.58K | 75,591 |
| George M. Wells EVP- Co-COO | Feb 13, 2026 | Option exercise | +5,450 | – | – | 152,311 |
| George M. Wells EVP- Co-COO | Feb 13, 2026 | Tax withholding | −2,428 | $8.25 | $20.03K | 149,883 |
| Laura P. Moon SVP- CAO | Feb 3, 2026 | Tax withholding | −1,755 | $8.39 | $14.72K | 74,146 |
| Laura P. Moon SVP- CAO | Feb 3, 2026 | Option exercise | +3,521 | – | – | 75,901 |
| Laura P. Moon SVP- CAO | Feb 3, 2026 | Tax withholding | −7,632 | $8.39 | $64.03K | 72,380 |
| Laura P. Moon SVP- CAO | Feb 3, 2026 | Award | +15,433 | – | – | 80,012 |
| Sherry L. Rexroad EVP-CFO | Feb 3, 2026 | Option exercise | +11,150 | – | – | 43,151 |
| George M. Wells EVP- Co-COO | Feb 3, 2026 | Tax withholding | −4,388 | $8.39 | $36.82K | 146,861 |
| George M. Wells EVP- Co-COO | Feb 3, 2026 | Option exercise | +8,803 | – | – | 151,249 |
| George M. Wells EVP- Co-COO | Feb 3, 2026 | Tax withholding | −20,988 | $8.39 | $176.09K | 142,446 |
| George M. Wells EVP- Co-COO | Feb 3, 2026 | Award | +46,299 | – | – | 163,434 |
| Alex Valente EVP- Co-COO | Feb 3, 2026 | Tax withholding | −15,054 | $8.39 | $126.30K | 72,233 |
| Alex Valente EVP- Co-COO | Feb 3, 2026 | Tax withholding | −2,560 | $8.39 | $21.48K | 74,808 |
| Alex Valente EVP- Co-COO | Feb 3, 2026 | Award | +32,409 | – | – | 87,287 |
| Alex Valente EVP- Co-COO | Feb 3, 2026 | Option exercise | +5,135 | – | – | 77,368 |
| Christopher A. Kollme EVP of Investments | Feb 3, 2026 | Award | +34,724 | – | – | 127,920 |
| Christopher A. Kollme EVP of Investments | Feb 3, 2026 | Tax withholding | −15,395 | $8.39 | $129.16K | 112,525 |
| Christopher A. Kollme EVP of Investments | Feb 3, 2026 | Option exercise | +4,695 | – | – | 117,220 |
| Christopher A. Kollme EVP of Investments | Feb 3, 2026 | Tax withholding | −2,247 | $8.39 | $18.85K | 114,973 |
| Christopher Brent Smith President & Chief Exec. Off, Director | Feb 3, 2026 | Tax withholding | −131,978 | $8.39 | $1.11M | 604,827 |
| Christopher Brent Smith President & Chief Exec. Off, Director | Feb 3, 2026 | Award | +296,313 | – | – | 736,805 |
| Christopher Brent Smith President & Chief Exec. Off, Director | Feb 3, 2026 | Option exercise | +39,906 | – | – | 644,733 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.