Principal Real Estate Income Fund
30 hedge funds and large institutions have $24.9M invested in Principal Real Estate Income Fund in 2022 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
15% more funds holding
Funds holding: 26 → 30 (+4)
3.54% more ownership
Funds ownership: 25.26% → 28.79% (+3.5%)
8% less capital invested
Capital invested by funds: $27.1M → $24.9M (-$2.2M)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$1.81M |
| 2 |
BBL
Beck Bode LLC
Dedham,
Massachusetts
|
+$1.61M |
| 3 |
SCM
Saba Capital Management
New York
|
+$478K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$210K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$191K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$395K |
| 2 |
Morgan Stanley
New York
|
-$329K |
| 3 |
QC
Quantedge Capital
Singapore
|
-$260K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$137K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$85K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $8K | – | – | – |
|
|
APA
27
American Portfolios Advisors
Holbrook,
New York
| $6.45K | – | – | – |
|
28
Bank of Montreal
Toronto,
Ontario, Canada
| $326 | – | – | – |
|
|
IAIM
29
International Assets Investment Management
Orlando,
Florida
| $198 | +$74.1K | +5,363 | +54% |
|
|
QC
30
Quantedge Capital
Singapore
| – | -$260K | -16,554 | Closed |
|
|
MCC
31
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$12K | -750 | Closed |
|
PGZ Hedge Fund Activity: Q2 2022 in Review
30 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q2 2022, worth a combined $24.9M — down 8.1% from $27.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PGZ positions and 2 closed out — a net gain of 4 holders — while 7 added to existing stakes and 9 trimmed.
The largest buyer was Riverbridge Partners, opening a new position worth an estimated $1.81M. The largest seller was Bank of America, cutting an estimated $395K.
- 30 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q2 2022, up from 26 in Q1 2022.
- Funds reported $24.9M of Principal Real Estate Income Fund stock for Q2 2022, down 8.1% quarter-over-quarter.
- 6 funds opened new Principal Real Estate Income Fund positions in Q2 2022 and 2 closed out, a net change of +4 holders.
- The largest Principal Real Estate Income Fund buyer in Q2 2022 was Riverbridge Partners, an estimated $1.81M added.
- The largest Principal Real Estate Income Fund seller in Q2 2022 was Bank of America, an estimated $395K sold.
Based on aggregated 13F filings for Q2 2022.