Principal Real Estate Income Fund
23 hedge funds and large institutions have $15.6M invested in Principal Real Estate Income Fund in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
10% more funds holding
Funds holding: 21 → 23 (+2)
1.09% less ownership
Funds ownership: 14.2% → 13.11% (-1.1%)
10% less capital invested
Capital invested by funds: $17.4M → $15.6M (-$1.79M)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$759K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$353K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$316K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$271K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$57.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.34M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$744K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$386K |
| 4 |
PAS
Park Avenue Securities
New York
|
-$211K |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$200K |
PGZ Hedge Fund Activity: Q3 2018 in Review
23 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q3 2018, worth a combined $15.6M — down 10% from $17.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PGZ positions and 4 closed out — a net gain of 2 holders — while 5 added to existing stakes and 6 trimmed.
The largest buyer was Invesco, adding an estimated $759K. The largest seller was Bank of America, cutting an estimated $1.34M.
- 23 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q3 2018, up from 21 in Q2 2018.
- Funds reported $15.6M of Principal Real Estate Income Fund stock for Q3 2018, down 10% quarter-over-quarter.
- 6 funds opened new Principal Real Estate Income Fund positions in Q3 2018 and 4 closed out, a net change of +2 holders.
- The largest Principal Real Estate Income Fund buyer in Q3 2018 was Invesco, an estimated $759K added.
- The largest Principal Real Estate Income Fund seller in Q3 2018 was Bank of America, an estimated $1.34M sold.
Based on aggregated 13F filings for Q3 2018.