Principal Real Estate Income Fund
27 hedge funds and large institutions have $27.2M invested in Principal Real Estate Income Fund in 2021 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 5 closing their positions.
23% more capital invested
Capital invested by funds: $22.1M → $27.2M (+$5.11M)
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
3.26% more ownership
Funds ownership: 21.83% → 25.09% (+3.3%)
13% less funds holding
Funds holding: 31 → 27 (-4)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$4.29M |
| 2 |
Morgan Stanley
New York
|
+$746K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$401K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$251K |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$191K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.71M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$291K |
| 3 |
QC
Quantedge Capital
Singapore
|
-$114K |
| 4 |
FIA
FNY Investment Advisers
New York
|
-$52K |
| 5 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
-$37.9K |
PGZ Hedge Fund Activity: Q4 2021 in Review
27 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q4 2021, worth a combined $27.2M — up 23% from $22.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PGZ and 2 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 11 added.
The largest buyer was Saba Capital Management, adding an estimated $4.29M. The largest seller was Matisse Capital, exiting entirely with an estimated $1.71M sold.
- 27 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q4 2021, down from 31 in Q3 2021.
- Funds reported $27.2M of Principal Real Estate Income Fund stock for Q4 2021, up 23% quarter-over-quarter.
- 2 funds opened new Principal Real Estate Income Fund positions in Q4 2021 and 5 closed out, a net change of -3 holders.
- The largest Principal Real Estate Income Fund buyer in Q4 2021 was Saba Capital Management, an estimated $4.29M added.
- The largest Principal Real Estate Income Fund seller in Q4 2021 was Matisse Capital, an estimated $1.71M sold.
Based on aggregated 13F filings for Q4 2021.