Principal Real Estate Income Fund
35 hedge funds and large institutions have $14.2M invested in Principal Real Estate Income Fund in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 9 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
0.44% less ownership
Funds ownership: 17.55% → 17.11% (-0.44%)
3% less capital invested
Capital invested by funds: $14.7M → $14.2M (-$482K)
8% less funds holding
Funds holding: 38 → 35 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$697K |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$296K |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$258K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
+$228K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$193K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$838K |
| 2 |
6M
6 Meridian
Wichita,
Kansas
|
-$344K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$337K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$320K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$226K |
PGZ Hedge Fund Activity: Q2 2020 in Review
35 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q2 2020, worth a combined $14.2M — down 3.3% from $14.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PGZ and 6 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 12 added.
The largest buyer was Morgan Stanley, adding an estimated $697K. The largest seller was Cohen & Steers, cutting an estimated $838K.
- 35 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q2 2020, down from 38 in Q1 2020.
- Funds reported $14.2M of Principal Real Estate Income Fund stock for Q2 2020, down 3.3% quarter-over-quarter.
- 6 funds opened new Principal Real Estate Income Fund positions in Q2 2020 and 9 closed out, a net change of -3 holders.
- The largest Principal Real Estate Income Fund buyer in Q2 2020 was Morgan Stanley, an estimated $697K added.
- The largest Principal Real Estate Income Fund seller in Q2 2020 was Cohen & Steers, an estimated $838K sold.
Based on aggregated 13F filings for Q2 2020.