Principal Real Estate Income Fund
30 hedge funds and large institutions have $21.2M invested in Principal Real Estate Income Fund in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 3 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
0% more funds holding
Funds holding: 30 → 30 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
0.32% less ownership
Funds ownership: 28.79% → 28.47% (-0.32%)
15% less capital invested
Capital invested by funds: $24.9M → $21.2M (-$3.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$438K |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$138K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$124K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$56.9K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$54.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$633K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$259K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$179K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$69.5K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$52.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
APA
26
American Portfolios Advisors
Holbrook,
New York
| $5.52K | – | – | – |
|
|
CT
27
Cambridge Trust
Cambridge,
Massachusetts
| $3K | +$3.13K | +245 | New |
|
|
FF
28
FourThought Financial
Venice,
Florida
| $1K | +$959 | +75 | New |
|
29
Bank of Montreal
Toronto,
Ontario, Canada
| $286 | – | – | – |
|
|
30
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$179K | -13,850 | Closed |
|
|
SWM
31
SeaCrest Wealth Management
Purchase,
New York
| – | -$20K | -1,561 | Closed |
|
|
AW
32
ACG Wealth
Atlanta,
Georgia
| – | -$10K | -807 | Closed |
|
PGZ Hedge Fund Activity: Q3 2022 in Review
30 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q3 2022, worth a combined $21.2M — down 15% from $24.9M a quarter earlier.
Fund positioning in PGZ was balanced in Q3 2022: 3 funds opened new positions, 3 closed out, 12 added to existing stakes and 5 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $438K. The largest seller was Morgan Stanley, cutting an estimated $633K.
- 30 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q3 2022, unchanged from Q2 2022.
- Funds reported $21.2M of Principal Real Estate Income Fund stock for Q3 2022, down 15% quarter-over-quarter.
- 3 funds opened new Principal Real Estate Income Fund positions in Q3 2022 and 3 closed out, a net change of 0 holders.
- The largest Principal Real Estate Income Fund buyer in Q3 2022 was Saba Capital Management, an estimated $438K added.
- The largest Principal Real Estate Income Fund seller in Q3 2022 was Morgan Stanley, an estimated $633K sold.
Based on aggregated 13F filings for Q3 2022.