Principal Real Estate Income Fund
31 hedge funds and large institutions have $22.1M invested in Principal Real Estate Income Fund in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
7% more funds holding
Funds holding: 29 → 31 (+2)
7% more capital invested
Capital invested by funds: $20.7M → $22.1M (+$1.41M)
2.01% more ownership
Funds ownership: 19.82% → 21.83% (+2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.36M |
| 2 |
QC
Quantedge Capital
Singapore
|
+$637K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$371K |
| 4 |
Morgan Stanley
New York
|
+$253K |
| 5 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$229K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$506K |
| 2 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$188K |
| 3 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
-$151K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$65.6K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
-$53.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIA
26
FNY Investment Advisers
New York
| $52K | -$6.26K | -407 | -10% |
|
|
IRC
27
Investors Research Corp
Atlanta,
Georgia
| $37K | – | – | – |
|
|
SSC
28
Syverson Strege & Co
West Des Moines,
Iowa
| $19K | +$338 | +22 | +2% |
|
|
NFG
29
Next Financial Group
Houston,
Texas
| $4K | – | – | – |
|
|
ASN
30
Advisory Services Network
Atlanta,
Georgia
| – | -$188K | -12,422 | Closed |
|
|
AAM
31
Advisors Asset Management
Monument,
Colorado
| – | -$6K | -366 | Closed |
|
32
Fidelity Investments
Boston,
Massachusetts
| – | +$15 | +1 | New |
|
PGZ Hedge Fund Activity: Q3 2021 in Review
31 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q3 2021, worth a combined $22.1M — up 6.8% from $20.7M 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 9 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $1.36M. The largest seller was Matisse Capital, cutting an estimated $506K.
- 31 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q3 2021, up from 29 in Q2 2021.
- Funds reported $22.1M of Principal Real Estate Income Fund stock for Q3 2021, up 6.8% quarter-over-quarter.
- 4 funds opened new Principal Real Estate Income Fund positions in Q3 2021 and 2 closed out, a net change of +2 holders.
- The largest Principal Real Estate Income Fund buyer in Q3 2021 was Saba Capital Management, an estimated $1.36M added.
- The largest Principal Real Estate Income Fund seller in Q3 2021 was Matisse Capital, an estimated $506K sold.
Based on aggregated 13F filings for Q3 2021.