Real Estate News 24

Real Estate News 24

Penn Series Real Estate Securities Fund Buys Invitation Homes Inc, Welltower Inc, Digital …

Beth McCandry

Investment company Penn Series Real Estate Securities Fund (current portfolio) buys Invitation Homes Inc, Welltower Inc, Digital Realty Trust Inc, Equity Residential, Realty Income Corp, sells Extra Space Storage Inc, Spirit Realty Capital Inc, Medical Properties Trust Inc, Equinix Inc, Sun Communities Inc in the three months ended the third quarter of 2021Q3, according to recent filings from investment firm Penn Series Real Estate Securities Fund. For the third quarter of 2021, the Penn Series Real Estate Securities Fund owns 36 stocks with a total value of $ 127 million. These are the details of the purchases and sales.

  • New purchases: INVH, EQF,

  • Items added: NUN, DLR, O, COLD, HTA, HIW, AIRC, JLL, KIM, VICI,

  • Reduced positions: EXR, SRC, EQIX, SUI, SBAC, PSA, VTR, UDR, PLD, CZR, PK, HST, DRE, PEAK, SPG, SITC, CONE,

  • Sold out: MPW,

For details of the Penn Series Real Estate Securities Fund’s share purchases and sales, please visit
go to https://www.gurufocus.com/guru/penn+series+real+estate+securities+fund/current-portfolio/portfolio

These are the top 5 holdings in the Penn Series Real Estate Securities Fund

  1. American Tower Corp (AMT) – 36,136 shares, 7.56% of total portfolio.

  2. Public Storage (PSA) – 31,201 shares, 7.30% of total portfolio. Shares reduced by 7.92%

  3. Simon Property Group Inc (SPG) – 59,522 shares, 6.10% of total portfolio. Shares reduced by 1.79%

  4. Duke Realty Corp (DRE) – 140,099 shares, 5.28% of total portfolio. Shares reduced by 3.17%

  5. Healthpeak Properties Inc (PEAK) – 195,090 shares, 5.15% of total portfolio. Shares reduced by 3.09%

New purchase: Invitation Homes Inc (INVH)

The Penn Series Real Estate Securities Fund has taken an interest in Invitation Homes Inc. Purchase prices ranged from $ 37.54 to $ 42.47, with an estimated average price of $ 40.06. The stock now trades at around $ 42.730000. The portfolio impact of this purchase was 2.5%. As of September 30, 2021, there were 82,818 shares.

The story goes on

New purchase: Equity Residential (EQR)

Penn Series Real Estate Securities Fund opens stake in Equity Residential. Purchase prices ranged from $ 78.02 to $ 85.98 with an estimated average price of $ 82.56. The stock now trades at approximately $ 86,860,000. The portfolio impact of this purchase was 0.97%. As of September 30, 2021, there were 15,232 shares.

Added: Welltower Inc (WELL)

The Penn Series Real Estate Securities Fund has increased its stake in Welltower Inc by 40.45%. Purchase prices ranged from $ 82.4 to $ 89.68 with an estimated average price of $ 85.93. The stock now trades at around $ 82,710,000. The portfolio impact of this purchase was 1.24%. As of September 30, 2021, there were 66,559 shares.

Added: Digital Realty Trust Inc (DLR)

Penn Series Real Estate Securities Fund has increased its stake in Digital Realty Trust Inc by 45.08%. Purchase prices ranged from $ 144.45 to $ 168, with an estimated average price of $ 156.92. The stock now trades at around $ 167,100,000. The portfolio impact of this purchase was 1.05%. As of September 30, 2021, there were 29,706 shares.

Added: Realty Income Corp (O)

The Penn Series Real Estate Securities Fund increased its stake in Realty Income Corp by 145.31%. Purchase prices ranged from $ 62.81 to $ 70.38, with an estimated average price of $ 67.47. The stock is now trading at around $ 66.940000. The impact of this purchase on a portfolio was 0.39%. As of September 30, 2021, the portfolio comprised 12,702 shares.

Added: American Realty Trust (COLD)

The Penn Series Real Estate Securities Fund added 22.27% to its stake in the Americold Realty Trust. Purchase prices ranged from $ 29.05 to $ 40.38 with an estimated average price of $ 36.68. The stock now trades at around $ 32.360,000. The portfolio impact of this purchase was 0.34%. As of September 30, 2021, there were 82,642 shares.

Added: Healthcare Trust of America Inc (HTA)

The Penn Series Real Estate Securities Fund added 26.84% to its stake in the Healthcare Trust of America Inc. Purchase prices ranged from $ 26.87 to $ 31.28 with an estimated average price of $ 29.16. The stock is now trading at around $ 33.790000. The portfolio impact of this purchase was 0.32%. As of September 30, 2021, the stock totaled 64,735 shares.

Sold out: Medical Properties Trust Inc (MPW)

The Penn Series Real Estate Securities Fund sold an interest in Medical Properties Trust Inc. Prices ranged from $ 19.66 to $ 21.92 with an estimated average price of $ 20.51.

Here is the full portfolio of the Penn Series Real Estate Securities Fund. Also take a look:

1. Undervalued stocks in the Penn Series Real Estate Securities Fund

2. The fastest growing companies in the Penn Series Real Estate Securities Fund and

3. Penn Series Real Estate Securities Fund high yield stocks

4. Stocks Penn Series Real Estate Securities Fund Continues to BuyThis article first appeared on GuruFocus.