Principal Real Estate Income Fund
21 hedge funds and large institutions have $17.4M invested in Principal Real Estate Income Fund in 2018 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 4 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
1.71% less ownership
Funds ownership: 15.91% → 14.2% (-1.7%)
5% less capital invested
Capital invested by funds: $18.4M → $17.4M (-$976K)
9% less funds holding
Funds holding: 23 → 21 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$855K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$380K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$271K |
| 4 |
PAS
Park Avenue Securities
New York
|
+$203K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$30.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$966K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$864K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$695K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$586K |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$301K |
PGZ Hedge Fund Activity: Q2 2018 in Review
21 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q2 2018, worth a combined $17.4M — down 5.3% from $18.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PGZ and 2 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 8 added.
The largest buyer was Invesco, adding an estimated $855K. The largest seller was Matisse Capital, exiting entirely with an estimated $966K sold.
- 21 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q2 2018, down from 23 in Q1 2018.
- Funds reported $17.4M of Principal Real Estate Income Fund stock for Q2 2018, down 5.3% quarter-over-quarter.
- 2 funds opened new Principal Real Estate Income Fund positions in Q2 2018 and 4 closed out, a net change of -2 holders.
- The largest Principal Real Estate Income Fund buyer in Q2 2018 was Invesco, an estimated $855K added.
- The largest Principal Real Estate Income Fund seller in Q2 2018 was Matisse Capital, an estimated $966K sold.
Based on aggregated 13F filings for Q2 2018.