Principal Real Estate Income Fund
24 hedge funds and large institutions have $21M invested in Principal Real Estate Income Fund in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 5 closing their positions.
7% more capital invested
Capital invested by funds: $19.7M → $21M (+$1.31M)
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
0.27% less ownership
Funds ownership: 30.72% → 30.45% (-0.27%)
11% less funds holding
Funds holding: 27 → 24 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$247K |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$119K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$78.1K |
| 4 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$74.7K |
| 5 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$38K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$309K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$264K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$101K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$95.7K |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$70.1K |
PGZ Hedge Fund Activity: Q1 2024 in Review
24 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q1 2024, worth a combined $21M — up 6.7% from $19.7M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PGZ and 2 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 7 added.
The largest buyer was Morgan Stanley, adding an estimated $247K. The largest seller was CAPTRUST Financial Advisors, exiting entirely with an estimated $309K sold.
- 24 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q1 2024, down from 27 in Q4 2023.
- Funds reported $21M of Principal Real Estate Income Fund stock for Q1 2024, up 6.7% quarter-over-quarter.
- 2 funds opened new Principal Real Estate Income Fund positions in Q1 2024 and 5 closed out, a net change of -3 holders.
- The largest Principal Real Estate Income Fund buyer in Q1 2024 was Morgan Stanley, an estimated $247K added.
- The largest Principal Real Estate Income Fund seller in Q1 2024 was CAPTRUST Financial Advisors, an estimated $309K sold.
Based on aggregated 13F filings for Q1 2024.