Principal Real Estate Income Fund
31 hedge funds and large institutions have $22.1M invested in Principal Real Estate Income Fund in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
3% more funds holding
Funds holding: 30 → 31 (+1)
1.28% more ownership
Funds ownership: 20.55% → 21.83% (+1.3%)
3% more capital invested
Capital invested by funds: $21.5M → $22.1M (+$651K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.36M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$371K |
| 3 |
Morgan Stanley
New York
|
+$253K |
| 4 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$229K |
| 5 |
RVPG
Relative Value Partners Group
|
+$185K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$506K |
| 2 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$188K |
| 3 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
-$151K |
| 4 |
QC
Quantedge Capital
Singapore
|
-$136K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$65.6K |
PGZ Hedge Fund Activity: Q3 2021 in Review
31 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q3 2021, worth a combined $22.1M — up 3% from $21.5M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new PGZ positions and 2 closed out — a net gain of 1 holder — while 12 added to existing stakes and 10 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $1.36M. The largest seller was Matisse Capital, cutting an estimated $506K.
- 31 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q3 2021, up from 30 in Q2 2021.
- Funds reported $22.1M of Principal Real Estate Income Fund stock for Q3 2021, up 3% quarter-over-quarter.
- 3 funds opened new Principal Real Estate Income Fund positions in Q3 2021 and 2 closed out, a net change of +1 holder.
- The largest Principal Real Estate Income Fund buyer in Q3 2021 was Saba Capital Management, an estimated $1.36M added.
- The largest Principal Real Estate Income Fund seller in Q3 2021 was Matisse Capital, an estimated $506K sold.
Based on aggregated 13F filings for Q3 2021.