Principal Real Estate Income Fund
26 hedge funds and large institutions have $19.2M invested in Principal Real Estate Income Fund in 2024 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
8% more funds holding
Funds holding: 24 → 26 (+2)
2.33% less ownership
Funds ownership: 30.45% → 28.12% (-2.3%)
8% less capital invested
Capital invested by funds: $21M → $19.2M (-$1.78M)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$172K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$158K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$130K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$81.2K |
| 5 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$46.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$1.39M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$598K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$450K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$106K |
| 5 |
IP
Intellectus Partners
San Francisco,
California
|
-$57.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $2.06K | -$20.1K | -1,999 | -91% |
|
|
RVPG
27
Relative Value Partners Group
| – | -$1.39M | -140,864 | Closed |
|
|
SIA
28
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$598K | -57,921 | Closed |
|
29
Bank of America
Charlotte,
North Carolina
| – | -$826 | -80 | Closed |
|
PGZ Hedge Fund Activity: Q2 2024 in Review
26 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q2 2024, worth a combined $19.2M — down 8.5% from $21M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PGZ positions and 3 closed out — a net gain of 2 holders — while 5 added to existing stakes and 8 trimmed.
The largest buyer was Bulldog Investors, adding an estimated $172K. The largest seller was Relative Value Partners Group, exiting entirely with an estimated $1.39M sold.
- 26 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q2 2024, up from 24 in Q1 2024.
- Funds reported $19.2M of Principal Real Estate Income Fund stock for Q2 2024, down 8.5% quarter-over-quarter.
- 5 funds opened new Principal Real Estate Income Fund positions in Q2 2024 and 3 closed out, a net change of +2 holders.
- The largest Principal Real Estate Income Fund buyer in Q2 2024 was Bulldog Investors, an estimated $172K added.
- The largest Principal Real Estate Income Fund seller in Q2 2024 was Relative Value Partners Group, an estimated $1.39M sold.
Based on aggregated 13F filings for Q2 2024.