Principal Real Estate Income Fund
28 hedge funds and large institutions have $18.7M invested in Principal Real Estate Income Fund in 2024 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 5 closing their positions.
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
0.8% more ownership
Funds ownership: 27.54% → 28.34% (+0.8%)
0% more funds holding
Funds holding: 28 → 28 (0)
9% less capital invested
Capital invested by funds: $20.6M → $18.7M (-$1.81M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.99M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$598K |
| 3 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$357K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$243K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$129K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$1.48M |
| 2 |
SCM
Saba Capital Management
New York
|
-$507K |
| 3 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
-$440K |
| 4 |
NAS
NWF Advisory Services
Los Angeles,
California
|
-$408K |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$118K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NWMP
26
Noble Wealth Management PBC
Greenwood Village,
Colorado
| $9.88K | +$10.6K | +1,000 | New |
|
27
Wells Fargo
San Francisco,
California
| $2.68K | +$2.89K | +272 | New |
|
|
MSWA
28
Marshall & Sterling Wealth Advisors
Poughkeepsie,
New York
| $1.06K | +$1.15K | +108 | New |
|
|
29
Kovitz Investment Group Partners
Chicago,
Illinois
| – | -$1.48M | -134,739 | Closed |
|
|
NAS
30
NWF Advisory Services
Los Angeles,
California
| – | -$408K | -36,500 | Closed |
|
|
NA
31
NewEdge Advisors
New Orleans,
Louisiana
| – | -$118K | -10,600 | Closed |
|
|
EWA
32
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$46.4K | -4,149 | Closed |
|
|
CA
33
CoreCap Advisors
Southfield,
Michigan
| – | -$14.9K | -1,400 | Closed |
|
PGZ Hedge Fund Activity: Q4 2024 in Review
28 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q4 2024, worth a combined $18.7M — down 8.8% from $20.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PGZ positions and 5 closed out — a net gain of 1 holder — while 11 added to existing stakes and 5 trimmed.
The largest buyer was Bulldog Investors, adding an estimated $1.99M. The largest seller was Kovitz Investment Group Partners, exiting entirely with an estimated $1.48M sold.
- 28 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q4 2024, unchanged from Q3 2024.
- Funds reported $18.7M of Principal Real Estate Income Fund stock for Q4 2024, down 8.8% quarter-over-quarter.
- 6 funds opened new Principal Real Estate Income Fund positions in Q4 2024 and 5 closed out, a net change of +1 holder.
- The largest Principal Real Estate Income Fund buyer in Q4 2024 was Bulldog Investors, an estimated $1.99M added.
- The largest Principal Real Estate Income Fund seller in Q4 2024 was Kovitz Investment Group Partners, an estimated $1.48M sold.
Based on aggregated 13F filings for Q4 2024.