Principal Real Estate Income Fund
29 hedge funds and large institutions have $20.7M invested in Principal Real Estate Income Fund in 2021 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 8 closing their positions.
18% more capital invested
Capital invested by funds: $17.5M → $20.7M (+$3.22M)
1.02% more ownership
Funds ownership: 18.8% → 19.82% (+1%)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
17% less funds holding
Funds holding: 35 → 29 (-6)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
+$2.31M |
| 2 |
Morgan Stanley
New York
|
+$1.01M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$358K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$329K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$65.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QC
Quantedge Capital
Singapore
|
-$1.13M |
| 2 |
6M
6 Meridian
Wichita,
Kansas
|
-$376K |
| 3 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$351K |
| 4 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
-$225K |
| 5 |
AC
Aristides Capital
Louisville,
Kentucky
|
-$199K |
PGZ Hedge Fund Activity: Q2 2021 in Review
29 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q2 2021, worth a combined $20.7M — up 18% from $17.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PGZ and 2 opened new positions — a net loss of 6 holders — while 12 trimmed existing stakes and 10 added.
The largest buyer was Relative Value Partners Group, opening a new position worth an estimated $2.31M. The largest seller was Quantedge Capital, exiting entirely with an estimated $1.13M sold.
- 29 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q2 2021, down from 35 in Q1 2021.
- Funds reported $20.7M of Principal Real Estate Income Fund stock for Q2 2021, up 18% quarter-over-quarter.
- 2 funds opened new Principal Real Estate Income Fund positions in Q2 2021 and 8 closed out, a net change of -6 holders.
- The largest Principal Real Estate Income Fund buyer in Q2 2021 was Relative Value Partners Group, an estimated $2.31M added.
- The largest Principal Real Estate Income Fund seller in Q2 2021 was Quantedge Capital, an estimated $1.13M sold.
Based on aggregated 13F filings for Q2 2021.