Vault-13

PRINCIPAL REAL ESTATE INCOME PGZ

SHS BEN INT · Closed-End Fund · CUSIP 74255X104

27 institutional holders +2 vs Q1 2024
1,881,4141.9m shares reported held*
$19.2mreported value*
4 new 5 added 8 reduced 3 sold out net sold ≈ $11.3m (-1.1m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $10.21.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 31Q4 22: 30Q1 23: 32Q2 23: 30Q3 23: 27Q4 23: 28Q1 24: 25Q2 24: 2727Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202231
Q4 202230
Q1 202332
Q2 202330
Q3 202327
Q4 202328
Q1 202425
Q2 202427

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q4 22: 13 bought or addedQ4 22: 13 cut or sold outQ4 22Q1 23: 14 bought or addedQ1 23: 12 cut or sold outQ2 23: 14 bought or addedQ2 23: 15 cut or sold outQ2 23Q3 23: 15 bought or addedQ3 23: 11 cut or sold outQ4 23: 13 bought or addedQ4 23: 15 cut or sold outQ4 23Q1 24: 9 bought or addedQ1 24: 12 cut or sold outQ2 24: 9 bought or addedQ2 24: 11 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221313
Q1 20231412
Q2 20231415
Q3 20231511
Q4 20231315
Q1 2024912
Q2 2024911

Biggest buyers

Bulldog Investors, LLP Added +17,147+17.1k
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. New +15,759+15.8k
Shaker Financial Services, LLC New +12,900+12.9k
UBS Group AG Added +8,088+8.1k
RIVERBRIDGE PARTNERS LLC Added +4,664+4.7k
WOLVERINE ASSET MANAGEMENT LLC New +4,269+4.3k
EverSource Wealth Advisors, LLC New +4,071+4.1k
SeaCrest Wealth Management, LLC Added +388+388
Glass Jacobson Investment Advisors llc Added +5+5

Biggest sellers

MORGAN STANLEY Reduced -911,357-911.4k
Relative Value Partners Group, LLC Sold out -140,864-140.9k
SIT INVESTMENT ASSOCIATES INC Sold out -57,921-57.9k
FIRST TRUST ADVISORS LP Reduced -44,794-44.8k
OSAIC HOLDINGS, INC. Reduced -10,538-10.5k
Intellectus Partners, LLC Reduced -5,754-5.8k
WELLS FARGO & COMPANY/MN Reduced -1,999-2.0k
Private Advisor Group, LLC Reduced -1,600-1.6k
NewEdge Advisors, LLC Reduced -800-800
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC Reduced -300-300

Insider purchases and sales in Q2 2024

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Saba Capital Management, L.P. 0.13% of their portfolio NEW YORK, NY 568,008568.0k $5.8m $5.8m 0.13% Unchanged
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 455,665455.7k $4.7m $4.7m 0.00% Reduced -911.4k -911,357
3 Bulldog Investors, LLP 1.20% of their portfolio SADDLE BROOK, NJ 315,587315.6k $3.2m $3.2m 1.20% Added +17.1k +17,147
4 RIVERBRIDGE PARTNERS LLC 0.02% of their portfolio MINNEAPOLIS, MN 161,891161.9k $1.7m $1.7m 0.02% Added +4.7k +4,664
5 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 60,87360.9k $621.5k $621.5k 0.00% Reduced -10.5k -10,538
6 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 41,70541.7k $410.8k $410.8k 0.00% First filing
7 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 38,32038.3k $391.2k $391.2k 0.00% Reduced -44.8k -44,794
8 NWF Advisory Services Inc. 0.06% of their portfolio Los Angeles, CA 36,50036.5k $372.7k $372.7k 0.06% Unchanged
9 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 25,77425.8k $263.2k $263.2k 0.00% Unchanged
10 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 22,29022.3k $227.6k $227.6k 0.00% Reduced -1.6k -1,600
11 SeaCrest Wealth Management, LLC 0.02% of their portfolio PURCHASE, NY 21,45721.5k $219.1k $219.1k 0.02% Added +388 +388
12 GREAT VALLEY ADVISOR GROUP, INC. 0.00% of their portfolio WILMINGTON, DE 16,00016.0k $163.4k $163.4k 0.00% Unchanged
13 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.01% of their portfolio Englewood, NJ 15,75915.8k $160.9k $160.9k 0.01% New
14 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 15,00015.0k $170.1k $170.1k 0.00% Unchanged
15 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio ORLANDO, FL 13,15613.2k $134.3k $134.3k 0.01% Unchanged
16 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.03% of their portfolio BLUE BELL, PA 12,97113.0k $132.4k $132.4k 0.03% Reduced -300 -300
17 Shaker Financial Services, LLC 0.05% of their portfolio Arlington, VA 12,90012.9k $131.7k $131.7k 0.05% New
18 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 11,10011.1k $113.3k $113.3k 0.00% Reduced -800 -800
19 Intellectus Partners, LLC 0.03% of their portfolio SAN FRANCISCO, CA 10,93410.9k $111.6k $111.6k 0.03% Reduced -5.8k -5,754
20 UBS Group AG 0.00% of their portfolio ZURICH, V8 10,42210.4k $106.4k $106.4k 0.00% Added +8.1k +8,088
21 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 4,2694.3k $43.6k $43.6k 0.00% New
22 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 4,0714.1k $42.7k $42.7k 0.00% New
23 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 2,6502.6k $27.1k $27.1k 0.00% Unchanged
24 Investors Research Corp 0.01% of their portfolio ATLANTA, GA 2,5002.5k $25.5k $25.5k 0.01% Unchanged
25 Glass Jacobson Investment Advisors llc 0.01% of their portfolio OWINGS MILLS, MD 1,4101.4k $14.4k $14.4k 0.01% Added +5 +5
26 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 202202 $2.1k $2.1k 0.00% Reduced -2.0k -1,999
27 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged