Principal Real Estate Income Fund
29 hedge funds and large institutions have $18.7M invested in Principal Real Estate Income Fund in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
8% more capital invested
Capital invested by funds: $17.3M → $18.7M (+$1.37M)
7% more funds holding
Funds holding: 27 → 29 (+2)
0% more ownership
Funds ownership: 13.18% → 13.18% (+0%)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$492K |
| 2 |
MCM
McMillion Capital Management
Greensboro,
North Carolina
|
+$375K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$229K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$128K |
| 5 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
+$110K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$401K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$354K |
| 3 |
PAS
Park Avenue Securities
New York
|
-$273K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$272K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$164K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FANJ
26
Financial Architects (New Jersey)
Marlton,
New Jersey
| $9K | – | – | – |
|
|
PCG
27
Private Capital Group
West Hartford,
Connecticut
| $3K | +$2.93K | +149 | New |
|
28
Citigroup
New York
| $2K | – | – | – |
|
|
PAS
29
Park Avenue Securities
New York
| – | -$273K | -14,317 | Closed |
|
|
30
Envestnet Asset Management
Chicago,
Illinois
| – | -$272K | -14,275 | Closed |
|
31
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$38K | -2,000 | Closed |
|
|
CWA
32
Clarus Wealth Advisors
Peoria,
Arizona
| – | -$8K | -400 | Closed |
|
33
BlackRock
New York
| – | +$334 | +17 | New |
|
PGZ Hedge Fund Activity: Q3 2019 in Review
29 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q3 2019, worth a combined $18.7M — up 7.9% from $17.3M 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 9 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $492K. The largest seller was Invesco, cutting an estimated $401K.
- 29 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q3 2019, up from 27 in Q2 2019.
- Funds reported $18.7M of Principal Real Estate Income Fund stock for Q3 2019, up 7.9% quarter-over-quarter.
- 6 funds opened new Principal Real Estate Income Fund positions in Q3 2019 and 4 closed out, a net change of +2 holders.
- The largest Principal Real Estate Income Fund buyer in Q3 2019 was Royal Bank of Canada, an estimated $492K added.
- The largest Principal Real Estate Income Fund seller in Q3 2019 was Invesco, an estimated $401K sold.
Based on aggregated 13F filings for Q3 2019.