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PGZ

Principal Real Estate Income Fund

21 hedge funds and large institutions have $9.67M invested in Principal Real Estate Income Fund in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 5

2% more capital invested

Capital invested by funds: $9.43M → $9.67M (+$232K)

0.62% less ownership

Funds ownership: 8.53%7.92% (-0.62%)

13% less funds holding

Funds holding: 2421 (-3)

43% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 7

Holders
21
Holders Change
-3
Holders Change %
-12.5%
% of All Funds
0.56%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
8
Reduced
5
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$1.78M +$3.5K +203 +0.2%
First Trust Advisors
2
First Trust Advisors
Illinois
$1.64M +$99.2K +5,761 +7%
Wells Fargo
3
Wells Fargo
California
$1.03M +$66.9K +3,883 +7%
Ameriprise
4
Ameriprise
Minnesota
$835K +$812K +47,187 New
Morgan Stanley
5
Morgan Stanley
New York
$822K -$85.3K -4,955 -10%
Stifel Financial
6
Stifel Financial
Missouri
$762K +$68.3K +3,968 +10%
Invesco
7
Invesco
Georgia
$742K +$93K +5,403 +15%
Baird Financial Group
8
Baird Financial Group
Wisconsin
$533K -$486K -28,235 -48%
BTS
9
BB&T Securities
Virginia
$489K +$6.53K +379 +1%
CCP
10
Clough Capital Partners
Massachusetts
$289K -$18K -1,048 -6%
VKH
11
Virtu KCG Holdings
New York
$234K +$228K +13,241 New
GC
12
Guggenheim Capital
Illinois
$185K -$32.2K -1,872 -15%
Bank of America
13
Bank of America
North Carolina
$137K +$48K +2,786 +57%
AG
14
Advisor Group
Arizona
$55K +$54.4K +3,160 New
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$42K -$8.06K -468 -16%
Bank of Montreal
16
Bank of Montreal
Ontario, Canada
$35K
IA
17
IFP Advisors
Florida
$19K +$1.72K +100 +10%
US Bancorp
18
US Bancorp
Minnesota
$14K
TRCT
19
Tower Research Capital (TRC)
New York
$10K +$10.2K +590 New
MFS
20
MSI Financial Services
Massachusetts
$4K
LTFS
21
Ladenburg Thalmann Financial Services
Florida
$1K
SFS
22
Shaker Financial Services
Virginia
-$377K -22,844 Closed
MIG
23
Mariner Investment Group
New York
-$343K -20,773 Closed
Geode Capital Management
24
Geode Capital Management
Massachusetts
-$283 -17,153 Closed
MC
25
Matisse Capital
Oregon
-$177K -10,700 Closed

PGZ Hedge Fund Activity: Q2 2016 in Review

21 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q2 2016, worth a combined $9.67M — up 2.5% from $9.43M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of PGZ and 4 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 8 added.

The largest buyer was Ameriprise, opening a new position worth an estimated $812K. The largest seller was Baird Financial Group, cutting an estimated $486K.

  • 21 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q2 2016, down from 24 in Q1 2016.
  • Funds reported $9.67M of Principal Real Estate Income Fund stock for Q2 2016, up 2.5% quarter-over-quarter.
  • 4 funds opened new Principal Real Estate Income Fund positions in Q2 2016 and 7 closed out, a net change of -3 holders.
  • The largest Principal Real Estate Income Fund buyer in Q2 2016 was Ameriprise, an estimated $812K added.
  • The largest Principal Real Estate Income Fund seller in Q2 2016 was Baird Financial Group, an estimated $486K sold.

Based on aggregated 13F filings for Q2 2016.