Principal Real Estate Income Fund
16 hedge funds and large institutions have $8.84M invested in Principal Real Estate Income Fund in 2014 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 4 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 3
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0.03% less ownership
Funds ownership: 6.9% → 6.87% (-0.03%)
6% less funds holding
Funds holding: 17 → 16 (-1)
24% less capital invested
Capital invested by funds: $11.6M → $8.84M (-$2.79M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
Baird
Milwaukee,
Wisconsin
|
+$167K |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$136K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$120K |
| 4 |
Morgan Stanley
New York
|
+$107K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$106K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$2.84M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$209K |
| 3 |
OC
Oppenheimer & Co
New York
|
-$141K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$65K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$27K |
PGZ Hedge Fund Activity: Q4 2014 in Review
16 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q4 2014, worth a combined $8.84M — down 24% from $11.6M a quarter earlier.
Fund positioning in PGZ was balanced in Q4 2014: 4 funds opened new positions, 4 closed out, 8 added to existing stakes and 3 trimmed.
The largest buyer was Baird, adding an estimated $167K. The largest seller was BB&T Securities, exiting entirely with an estimated $2.84M sold.
- 16 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q4 2014, down from 17 in Q3 2014.
- Funds reported $8.84M of Principal Real Estate Income Fund stock for Q4 2014, down 24% quarter-over-quarter.
- 4 funds opened new Principal Real Estate Income Fund positions in Q4 2014 and 4 closed out, a net change of 0 holders.
- The largest Principal Real Estate Income Fund buyer in Q4 2014 was Baird, an estimated $167K added.
- The largest Principal Real Estate Income Fund seller in Q4 2014 was BB&T Securities, an estimated $2.84M sold.
Based on aggregated 13F filings for Q4 2014.