Principal Real Estate Income Fund
29 hedge funds and large institutions have $19.3M invested in Principal Real Estate Income Fund in 2022 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
0.79% less ownership
Funds ownership: 28.47% → 27.68% (-0.79%)
3% less funds holding
Funds holding: 30 → 29 (-1)
9% less capital invested
Capital invested by funds: $21.2M → $19.3M (-$1.87M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.84M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$364K |
| 3 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$103K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$78.9K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$77.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBL
Beck Bode LLC
Dedham,
Massachusetts
|
-$1.32M |
| 2 |
Morgan Stanley
New York
|
-$989K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$413K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$278K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$105K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $8K | – | – | – |
|
|
MCC
27
Money Concepts Capital
Palm Beach Gardens,
Florida
| $7.76K | +$8.18K | +750 | New |
|
|
28
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $5.18K | -$105K | -9,616 | -95% |
|
|
PAG
29
Private Advisor Group
Morristown,
New Jersey
| $267 | – | – | – |
|
|
BBL
30
Beck Bode LLC
Dedham,
Massachusetts
| – | -$1.32M | -119,718 | Closed |
|
|
MCM
31
McMillion Capital Management
Greensboro,
North Carolina
| – | -$11K | -1,010 | Closed |
|
|
CT
32
Cambridge Trust
Cambridge,
Massachusetts
| – | -$3K | -245 | Closed |
|
PGZ Hedge Fund Activity: Q4 2022 in Review
29 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q4 2022, worth a combined $19.3M — down 8.9% from $21.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PGZ positions and 4 closed out — a net gain of 1 holder — while 9 added to existing stakes and 9 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $1.84M. The largest seller was Beck Bode LLC, exiting entirely with an estimated $1.32M sold.
- 29 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q4 2022, down from 30 in Q3 2022.
- Funds reported $19.3M of Principal Real Estate Income Fund stock for Q4 2022, down 8.9% quarter-over-quarter.
- 5 funds opened new Principal Real Estate Income Fund positions in Q4 2022 and 4 closed out, a net change of +1 holder.
- The largest Principal Real Estate Income Fund buyer in Q4 2022 was Saba Capital Management, an estimated $1.84M added.
- The largest Principal Real Estate Income Fund seller in Q4 2022 was Beck Bode LLC, an estimated $1.32M sold.
Based on aggregated 13F filings for Q4 2022.