Principal Real Estate Income Fund
22 hedge funds and large institutions have $9.85M invested in Principal Real Estate Income Fund in 2015 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
16% more funds holding
Funds holding: 19 → 22 (+3)
3% more capital invested
Capital invested by funds: $9.57M → $9.85M (+$277K)
0.51% more ownership
Funds ownership: 8.04% → 8.56% (+0.51%)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$747K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$578K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$326K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$299K |
| 5 |
Morgan Stanley
New York
|
+$201K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OC
Oppenheimer & Co
New York
|
-$728K |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$466K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$331K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$219K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$113K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$43K | -2,500 | Closed |
|
|
JWA
27
JFS Wealth Advisors
Hermitage,
Pennsylvania
| – | -$17K | -1,000 | Closed |
|
PGZ Hedge Fund Activity: Q4 2015 in Review
22 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q4 2015, worth a combined $9.85M — up 2.9% from $9.57M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PGZ positions and 5 closed out — a net gain of 3 holders — while 4 added to existing stakes and 7 trimmed.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $747K. The largest seller was Oppenheimer & Co, exiting entirely with an estimated $728K sold.
- 22 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q4 2015, up from 19 in Q3 2015.
- Funds reported $9.85M of Principal Real Estate Income Fund stock for Q4 2015, up 2.9% quarter-over-quarter.
- 8 funds opened new Principal Real Estate Income Fund positions in Q4 2015 and 5 closed out, a net change of +3 holders.
- The largest Principal Real Estate Income Fund buyer in Q4 2015 was Shaker Financial Services, an estimated $747K added.
- The largest Principal Real Estate Income Fund seller in Q4 2015 was Oppenheimer & Co, an estimated $728K sold.
Based on aggregated 13F filings for Q4 2015.