Principal Real Estate Income Fund
14 hedge funds and large institutions have $9.53M invested in Principal Real Estate Income Fund in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 3 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
55% more capital invested
Capital invested by funds: $6.15M → $9.53M (+$3.38M)
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
8% more funds holding
Funds holding: 13 → 14 (+1)
0.08% more ownership
Funds ownership: 5.73% → 5.81% (+0.08%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
Baird
Milwaukee,
Wisconsin
|
+$1M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$369K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$323K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$242K |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$239K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$835K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$768K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$126K |
| 4 |
OC
Oppenheimer & Co
New York
|
-$16.9K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2K |
PGZ Hedge Fund Activity: Q1 2014 in Review
14 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q1 2014, worth a combined $9.53M — up 55% from $6.15M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PGZ positions and 3 closed out — a net gain of 1 holder — while 6 added to existing stakes and 2 trimmed.
The largest buyer was Baird, opening a new position worth an estimated $1M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $835K sold.
- 14 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q1 2014, up from 13 in Q4 2013.
- Funds reported $9.53M of Principal Real Estate Income Fund stock for Q1 2014, up 55% quarter-over-quarter.
- 4 funds opened new Principal Real Estate Income Fund positions in Q1 2014 and 3 closed out, a net change of +1 holder.
- The largest Principal Real Estate Income Fund buyer in Q1 2014 was Baird, an estimated $1M added.
- The largest Principal Real Estate Income Fund seller in Q1 2014 was Virtu KCG Holdings, an estimated $835K sold.
Based on aggregated 13F filings for Q1 2014.