Piedmont Realty Trust, Inc. (PDM) shareholders
PDMNYSEOpeators of Nonresidential BuildingsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 26, 2026Score 3/3023% below fair value
$10.00+0.05 (+0.50%)
Close on Nov 13, 2026Market cap $1.24BP/E –Yield 1.25%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
94.3%
117M of 124M shares
Institutional holders
253
37 new, 33 sold out
Net institutional buying
5M
In Q2 2026
Insider trades, 12 months
0 buys · 1 sales
Net sold $39.17K
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 |
|---|---|---|---|---|
| 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 |
| Cohen & Steers Capital Management, Inc. Joint filing with Cohen & Steers, Inc. (6.47%) | 8,088,690 | 6.47% | 13G (passive) amendment | Jun 30, 2026 |
| Cohen & Steers, Inc. Joint filing with Cohen & Steers Capital Management, Inc. (5.38%) | 6,698,202 | 5.38% | 13G (passive) | Dec 31, 2025 |
| Vanguard Capital Management | 6,649,513 | 5.31% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of PDM | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 15,297,139 | 12.35% | $139.97M | +225,530 | 0.00% |
| Vanguard Portfolio Management LLC | 12,682,795 | 10.24% | $116.05M | +195,646 | 0.01% |
| Cohen & Steers, Inc. | 8,088,690 | 6.53% | $74.01M | +661,633 | 0.12% |
| Deutsche Bank AG\ | 5,728,312 | 4.63% | $52.41M | +5,587,771 | 0.02% |
| Vanguard Capital Management LLC | 5,566,973 | 4.50% | $50.94M | −81,900 | 0.00% |
| State Street Corp | 5,273,638 | 4.26% | $48.25M | −31,695 | 0.00% |
| Wilsey Asset Management Inc | 4,909,232 | 3.96% | $44.92M | +16,682 | 6.60% |
| Private Management Group Inc | 4,075,439 | 3.29% | $37.29M | −26,450 | 0.98% |
| Lsv Asset Management | 3,835,454 | 3.10% | $35.09M | −3,800 | 0.06% |
| Geode Capital Management, LLC | 3,527,442 | 2.85% | $32.28M | +294,914 | 0.00% |
| Charles Schwab Investment Management Inc | 3,383,229 | 2.73% | $30.96M | +185,856 | 0.00% |
| Wellington Management Group Llp | 3,350,794 | 2.71% | $30.66M | +474,144 | 0.01% |
| Two Sigma Investments, LP | 1,981,922 | 1.60% | $18.13M | +443,101 | 0.01% |
| Donald Smith & Co., Inc. | 1,944,080 | 1.57% | $17.79M | New | 0.31% |
| Systematic Financial Management LP | 1,854,766 | 1.50% | $16.97M | +187,930 | 0.34% |
| Ameriprise Financial Inc | 1,705,645 | 1.38% | $15.59M | −565,468 | 0.00% |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 1,682,483 | 1.36% | $15.39M | +245,045 | 0.02% |
| Northern Trust Corp | 1,576,805 | 1.27% | $14.43M | +94,605 | 0.00% |
| Centersquare Investment Management LLC | 1,537,347 | 1.24% | $14.07M | −1,942,126 | 0.12% |
| Dimensional Fund Advisors LP | 1,298,196 | 1.05% | $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 | 94.3% | 37 / 98 | 78 / 33 | 16M | 11M |
| Q1 2026 | 254 | 112M | 90.5% | 35 / 69 | 103 / 27 | 27M | 9M |
| Q4 2025 | 249 | 114M | 91.9% | 29 / 85 | 77 / 28 | 10M | 8M |
| Q3 2025 | 253 | 113M | 91.2% | 25 / 76 | 103 / 34 | 10M | 8M |
| Q2 2025 | 263 | 112M | 90.1% | 36 / 92 | 89 / 21 | 18M | 11M |
| Q1 2025 | 252 | 107M | 86.1% | 30 / 78 | 96 / 30 | 5M | 7M |
| Q4 2024 | 255 | 110M | 88.9% | 37 / 84 | 83 / 22 | 10M | 10M |
| Q3 2024 | 244 | 110M | 88.7% | 35 / 81 | 81 / 21 | 25M | 6M |
| Q2 2024 | 231 | 107M | 86.8% | 29 / 88 | 77 / 29 | 9M | 13M |
| Q1 2024 | 236 | 112M | 90.2% | 25 / 85 | 83 / 24 | 9M | 5M |
| Q4 2023 | 237 | 108M | 87.3% | 32 / 79 | 87 / 32 | 12M | 7M |
| Q3 2023 | 240 | 103M | 83.2% | 25 / 82 | 90 / 29 | 10M | 13M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
224 funds held PDM in Q2 2026, 56% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of PDM | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Real Estate Index Fund | 4,757,226 | 3.84% | $46.10M | 0.06% | Jul 31, 2026 |
| Vanguard Total Stock Market Index Fund | 3,992,779 | 3.22% | $36.53M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 3,306,225 | 2.67% | $30.25M | 0.04% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 2,864,267 | 2.31% | $26.21M | 0.01% | Jun 30, 2026 |
| DWS RREEF Real Assets Fund | 1,880,500 | 1.52% | $17.21M | 0.37% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 1,816,236 | 1.47% | $16.62M | 0.02% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 1,443,002 | 1.17% | $13.20M | 0.01% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 1,393,183 | 1.13% | $13.50M | 0.04% | Jul 31, 2026 |
| Columbia Small Cap Value Discovery Fund | 1,188,891 | 0.96% | $11.52M | 0.46% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 1,182,388 | 0.95% | $10.82M | 0.07% | Jun 30, 2026 |
| Small Cap Equity Portfolio | 1,102,919 | 0.89% | $10.69M | 1.03% | Jul 31, 2026 |
| Vanguard Strategic Equity Fund | 1,022,627 | 0.83% | $9.36M | 0.08% | Jun 30, 2026 |
| Cohen & Steers Real Estate Active ETF | 972,577 | 0.79% | $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 |
| Sherry L. Rexroad | EVP-CFO | 53,857 | 0.04% | Oct 2, 2026 |
| George M. Wells | EVP- Co-COO | 158,632 | 0.13% | Feb 25, 2026 |
| Alex Valente | EVP- Co-COO | 84,879 | 0.07% | Feb 25, 2026 |
| Christopher A. Kollme | EVP of Investments | 123,123 | 0.10% | Feb 25, 2026 |
| Laura P. Moon | EVP- CAO | 79,277 | 0.06% | Feb 25, 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 |
|---|---|---|---|---|---|---|
| Sherry L. Rexroad EVP-CFO | Oct 1, 2026 | Sale | −4,446 | $8.81 | $39.17K | 53,857 |
| Sherry L. Rexroad EVP-CFO | Oct 1, 2026 | Option exercise | +15,152 | – | – | 58,303 |
| 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 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
8.46%
10M shares short
Days to cover
7.5
At 1M shares a day
Change since last report
+5.8%
From 10M shares
Short volume, 20 days
72.4%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Piedmont Realty Trust's stock actually held short. Settlement fails (shares not delivered on time) peaked at 23,109 shares on Sep 21, 2026 over the last 90 days.
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