Principal Real Estate Income Fund
23 hedge funds and large institutions have $11.2M invested in Principal Real Estate Income Fund in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
15% more capital invested
Capital invested by funds: $9.67M → $11.2M (+$1.49M)
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
10% more funds holding
Funds holding: 21 → 23 (+2)
1.24% more ownership
Funds ownership: 7.92% → 9.16% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.08M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$592K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$353K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$278K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$177K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$543K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$412K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$234K |
| 4 |
Morgan Stanley
New York
|
-$117K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$35K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
SEI Investments
Oaks,
Pennsylvania
| – | +$142 | +8 | New |
|
27
Citigroup
New York
| – | +$213 | +12 | New |
|
PGZ Hedge Fund Activity: Q3 2016 in Review
23 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q3 2016, worth a combined $11.2M — up 15% from $9.67M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PGZ positions and 4 closed out — a net gain of 2 holders — while 8 added to existing stakes and 7 trimmed.
The largest buyer was Robinson Capital Management, opening a new position worth an estimated $1.08M. The largest seller was First Trust Advisors, cutting an estimated $543K.
- 23 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q3 2016, up from 21 in Q2 2016.
- Funds reported $11.2M of Principal Real Estate Income Fund stock for Q3 2016, up 15% quarter-over-quarter.
- 6 funds opened new Principal Real Estate Income Fund positions in Q3 2016 and 4 closed out, a net change of +2 holders.
- The largest Principal Real Estate Income Fund buyer in Q3 2016 was Robinson Capital Management, an estimated $1.08M added.
- The largest Principal Real Estate Income Fund seller in Q3 2016 was First Trust Advisors, an estimated $543K sold.
Based on aggregated 13F filings for Q3 2016.