Principal Real Estate Income Fund
17 hedge funds and large institutions have $11.6M invested in Principal Real Estate Income Fund in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
6% more funds holding
Funds holding: 16 → 17 (+1)
0.15% less ownership
Funds ownership: 7.05% → 6.9% (-0.15%)
5% less capital invested
Capital invested by funds: $12.2M → $11.6M (-$589K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$686K |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$295K |
| 3 |
Morgan Stanley
New York
|
+$233K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$213K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$45.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.36M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$242K |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$42.3K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$26.6K |
| 5 |
B
Baird
Milwaukee,
Wisconsin
|
-$22.6K |
PGZ Hedge Fund Activity: Q3 2014 in Review
17 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q3 2014, worth a combined $11.6M — down 4.8% from $12.2M 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 4 trimmed.
The largest buyer was Invesco, opening a new position worth an estimated $686K. The largest seller was Mariner Investment Group, exiting entirely with an estimated $1.36M sold.
- 17 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q3 2014, up from 16 in Q2 2014.
- Funds reported $11.6M of Principal Real Estate Income Fund stock for Q3 2014, down 4.8% quarter-over-quarter.
- 4 funds opened new Principal Real Estate Income Fund positions in Q3 2014 and 3 closed out, a net change of +1 holder.
- The largest Principal Real Estate Income Fund buyer in Q3 2014 was Invesco, an estimated $686K added.
- The largest Principal Real Estate Income Fund seller in Q3 2014 was Mariner Investment Group, an estimated $1.36M sold.
Based on aggregated 13F filings for Q3 2014.