Principal Real Estate Income Fund
33 hedge funds and large institutions have $16.7M invested in Principal Real Estate Income Fund in 2019 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 2 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
13% more capital invested
Capital invested by funds: $14.8M → $16.7M (+$1.9M)
6% more funds holding
Funds holding: 31 → 33 (+2)
0.02% more ownership
Funds ownership: 12.97% → 12.99% (+0.02%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
+$428K |
| 2 |
Morgan Stanley
New York
|
+$418K |
| 3 |
6M
6 Meridian
Wichita,
Kansas
|
+$189K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$125K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$77.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$777K |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$227K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$168K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$75.2K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$73.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $18K | +$17K | +965 | New |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $9K | +$4.4K | +250 | +116% |
|
|
WAM
28
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $8K | +$158 | +9 | +2% |
|
|
CWA
29
Clarus Wealth Advisors
Peoria,
Arizona
| $7K | +$7.04K | +400 | New |
|
|
FHB
30
First Hawaiian Bank
Honolulu,
Hawaii
| $6K | – | – | – |
|
|
CFGS
31
Concourse Financial Group Securities
Birmingham,
Alabama
| $5K | +$5.28K | +300 | New |
|
|
PCG
32
Private Capital Group
West Hartford,
Connecticut
| $3K | – | – | – |
|
33
Citigroup
New York
| $2K | – | – | – |
|
|
CCP
34
Clough Capital Partners
Boston,
Massachusetts
| – | -$227K | -13,700 | Closed |
|
|
LCM
35
Landscape Capital Management
Englewood,
New Jersey
| – | -$168K | -10,176 | Closed |
|
PGZ Hedge Fund Activity: Q1 2019 in Review
33 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q1 2019, worth a combined $16.7M — up 13% from $14.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PGZ positions and 2 closed out — a net gain of 2 holders — while 12 added to existing stakes and 5 trimmed.
The largest buyer was Cardan Capital Partners, adding an estimated $428K. The largest seller was Invesco, cutting an estimated $777K.
- 33 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q1 2019, up from 31 in Q4 2018.
- Funds reported $16.7M of Principal Real Estate Income Fund stock for Q1 2019, up 13% quarter-over-quarter.
- 4 funds opened new Principal Real Estate Income Fund positions in Q1 2019 and 2 closed out, a net change of +2 holders.
- The largest Principal Real Estate Income Fund buyer in Q1 2019 was Cardan Capital Partners, an estimated $428K added.
- The largest Principal Real Estate Income Fund seller in Q1 2019 was Invesco, an estimated $777K sold.
Based on aggregated 13F filings for Q1 2019.