Principal Real Estate Income Fund
34 hedge funds and large institutions have $12.5M invested in Principal Real Estate Income Fund in 2020 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 6 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
0.14% less ownership
Funds ownership: 17.11% → 16.97% (-0.14%)
3% less funds holding
Funds holding: 35 → 34 (-1)
12% less capital invested
Capital invested by funds: $14.2M → $12.5M (-$1.66M)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
+$576K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$339K |
| 3 |
Morgan Stanley
New York
|
+$315K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$255K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$228K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$762K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$384K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$293K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$291K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$211K |
PGZ Hedge Fund Activity: Q3 2020 in Review
34 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q3 2020, worth a combined $12.5M — down 12% from $14.2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PGZ and 5 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 13 added.
The largest buyer was Castle Rock Wealth Management, opening a new position worth an estimated $576K. The largest seller was Cohen & Steers, exiting entirely with an estimated $762K sold.
- 34 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q3 2020, down from 35 in Q2 2020.
- Funds reported $12.5M of Principal Real Estate Income Fund stock for Q3 2020, down 12% quarter-over-quarter.
- 5 funds opened new Principal Real Estate Income Fund positions in Q3 2020 and 6 closed out, a net change of -1 holder.
- The largest Principal Real Estate Income Fund buyer in Q3 2020 was Castle Rock Wealth Management, an estimated $576K added.
- The largest Principal Real Estate Income Fund seller in Q3 2020 was Cohen & Steers, an estimated $762K sold.
Based on aggregated 13F filings for Q3 2020.