Principal Real Estate Income Fund
35 hedge funds and large institutions have $17.5M invested in Principal Real Estate Income Fund in 2021 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 16 reducing their positions, and 5 closing their positions.
7% more capital invested
Capital invested by funds: $16.4M → $17.5M (+$1.12M)
0.67% less ownership
Funds ownership: 19.47% → 18.8% (-0.67%)
3% less funds holding
Funds holding: 36 → 35 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
50% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.43M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$269K |
| 3 |
LPL Financial
San Diego,
California
|
+$172K |
| 4 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$92K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$68.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$912K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$733K |
| 3 |
QC
Quantedge Capital
Singapore
|
-$255K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$137K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$127K |
PGZ Hedge Fund Activity: Q1 2021 in Review
35 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q1 2021, worth a combined $17.5M — up 6.8% from $16.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PGZ and 4 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 8 added.
The largest buyer was Morgan Stanley, adding an estimated $1.43M. The largest seller was Curi RMB Capital, exiting entirely with an estimated $912K sold.
- 35 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q1 2021, down from 36 in Q4 2020.
- Funds reported $17.5M of Principal Real Estate Income Fund stock for Q1 2021, up 6.8% quarter-over-quarter.
- 4 funds opened new Principal Real Estate Income Fund positions in Q1 2021 and 5 closed out, a net change of -1 holder.
- The largest Principal Real Estate Income Fund buyer in Q1 2021 was Morgan Stanley, an estimated $1.43M added.
- The largest Principal Real Estate Income Fund seller in Q1 2021 was Curi RMB Capital, an estimated $912K sold.
Based on aggregated 13F filings for Q1 2021.