Principal Real Estate Income Fund
27 hedge funds and large institutions have $17.3M invested in Principal Real Estate Income Fund in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 7 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
4% more capital invested
Capital invested by funds: $16.7M → $17.3M (+$638K)
0.19% more ownership
Funds ownership: 12.99% → 13.18% (+0.19%)
18% less funds holding
Funds holding: 33 → 27 (-6)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$543K |
| 2 |
FIA
FNY Investment Advisers
New York
|
+$117K |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
+$102K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$75.3K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$70.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$210K |
| 2 |
6M
6 Meridian
Wichita,
Kansas
|
-$201K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$188K |
| 4 |
Morgan Stanley
New York
|
-$66.5K |
| 5 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
-$60K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFGS
26
Concourse Financial Group Securities
Birmingham,
Alabama
| $6K | – | – | – |
|
27
Citigroup
New York
| $2K | – | – | – |
|
|
6M
28
6 Meridian
Wichita,
Kansas
| – | -$201K | -10,763 | Closed |
|
|
SWM
29
SeaCrest Wealth Management
Purchase,
New York
| – | -$60K | -3,217 | Closed |
|
|
FHA
30
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$37K | -2,014 | Closed |
|
31
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$9K | -465 | Closed |
|
|
WAM
32
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$8K | -446 | Closed |
|
|
FHB
33
First Hawaiian Bank
Honolulu,
Hawaii
| – | -$6K | -300 | Closed |
|
|
PCG
34
Private Capital Group
West Hartford,
Connecticut
| – | -$3K | -149 | Closed |
|
PGZ Hedge Fund Activity: Q2 2019 in Review
27 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q2 2019, worth a combined $17.3M — up 3.8% from $16.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PGZ and 2 opened new positions — a net loss of 5 holders — while 5 trimmed existing stakes and 12 added.
The largest buyer was Bank of America, adding an estimated $543K. The largest seller was Wells Fargo, cutting an estimated $210K.
- 27 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q2 2019, down from 33 in Q1 2019.
- Funds reported $17.3M of Principal Real Estate Income Fund stock for Q2 2019, up 3.8% quarter-over-quarter.
- 2 funds opened new Principal Real Estate Income Fund positions in Q2 2019 and 7 closed out, a net change of -5 holders.
- The largest Principal Real Estate Income Fund buyer in Q2 2019 was Bank of America, an estimated $543K added.
- The largest Principal Real Estate Income Fund seller in Q2 2019 was Wells Fargo, an estimated $210K sold.
Based on aggregated 13F filings for Q2 2019.