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PGZ

Principal Real Estate Income Fund

24 hedge funds and large institutions have $19.2M invested in Principal Real Estate Income Fund in 2017 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 4 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

250% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 2

225% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 4

38% more capital invested

Capital invested by funds: $13.9M → $19.2M (+$5.29M)

26% more funds holding

Funds holding: 1924 (+5)

4.44% more ownership

Funds ownership: 11.2%15.64% (+4.4%)

Holders
24
Holders Change
+5
Holders Change %
+26.32%
% of All Funds
0.54%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
13
Reduced
4
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GC
1
Guggenheim Capital
Illinois
$2.21M +$308K +17,785 +16%
Invesco
2
Invesco
Georgia
$2.11M +$1.22M +70,217 +134%
First Trust Advisors
3
First Trust Advisors
Illinois
$2.04M +$111K +6,429 +6%
RCM
4
Robinson Capital Management
Michigan
$1.85M +$183K +10,552 +17%
LCM
5
Laurion Capital Management
New York
$1.36M +$1.37M +78,869 New
Wells Fargo
6
Wells Fargo
California
$1.34M +$166K +9,550 +14%
Bank of America
7
Bank of America
North Carolina
$1.14M +$552K +31,864 +92%
MC
8
Matisse Capital
Oregon
$1.13M +$1.14M +65,982 New
SFS
9
Shaker Financial Services
Virginia
$980K +$989K +57,030 New
BTS
10
BB&T Securities
Virginia
$824K +$77.6K +4,474 +10%
DA
11
Doliver Advisors
Texas
$785K +$3.26K +188 +0.4%
AG
12
Advisor Group
Arizona
$590K -$177K -10,200 -23%
PPA
13
Parametric Portfolio Associates
Washington
$417K +$36.4K +2,099 +9%
UBS Group
14
UBS Group
Switzerland
$390K -$192K -11,082 -33%
RJA
15
Raymond James & Associates
Florida
$388K +$8.67K +500 +2%
TJHA
16
Thomas J. Herzfeld Advisors
Florida
$367K +$200K +11,510 +117%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$290K +$35.8K +2,066 +14%
Morgan Stanley
18
Morgan Stanley
New York
$270K -$34.4K -1,982 -11%
6M
19
6 Meridian
Kansas
$250K +$252K +14,559 New
Geode Capital Management
20
Geode Capital Management
Massachusetts
$209K +$211K +12,169 New
IP
21
Intellectus Partners
California
$119K -$7.02K -405 -6%
SWM
22
SeaCrest Wealth Management
New York
$66K +$67K +3,864 New
LTFS
23
Ladenburg Thalmann Financial Services
Florida
$36K +$31.2K +1,800 +600%
GRP
24
Global Retirement Partners
California
$8K +$8.11K +468 New
Ameriprise
25
Ameriprise
Minnesota
-$1.04M -58,034 Closed

PGZ Hedge Fund Activity: Q4 2017 in Review

24 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q4 2017, worth a combined $19.2M — up 38% from $13.9M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new PGZ positions and 2 closed out — a net gain of 5 holders — while 13 added to existing stakes and 4 trimmed.

The largest buyer was Laurion Capital Management, opening a new position worth an estimated $1.37M. The largest seller was Ameriprise, exiting entirely with an estimated $1.04M sold.

  • 24 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q4 2017, up from 19 in Q3 2017.
  • Funds reported $19.2M of Principal Real Estate Income Fund stock for Q4 2017, up 38% quarter-over-quarter.
  • 7 funds opened new Principal Real Estate Income Fund positions in Q4 2017 and 2 closed out, a net change of +5 holders.
  • The largest Principal Real Estate Income Fund buyer in Q4 2017 was Laurion Capital Management, an estimated $1.37M added.
  • The largest Principal Real Estate Income Fund seller in Q4 2017 was Ameriprise, an estimated $1.04M sold.

Based on aggregated 13F filings for Q4 2017.