Dark Forest Capital Management’s Innovative Industrial Properties IIPR Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-26,679	Closed	-$1.26M	–	954
2025 Q4	$1.26M	Buy	26,679 +19,913	+294%	+$1.03M	0.06%	572
2025 Q3	$363K	Sell	6,766 -5,366	-44%	-$292K	0.01%	995
2025 Q2	$670K	Sell	12,132 -7,132	-37%	-$390K	0.03%	860
2025 Q1	$1.04M	Buy	19,264 +15,380	+396%	+$1.07M	0.05%	674
2024 Q4	$259K	Hold	3,884	–	–	0.04%	722
2024 Q3	$523K	Hold	3,884	–	–	0.07%	372
2024 Q2	$424K	Hold	3,884	–	–	0.08%	313
2024 Q1	$402K	Hold	3,884	–	–	0.07%	364
2023 Q4	$392K	Hold	3,884	–	–	0.06%	285
2023 Q3	$294K	Sell	3,884 -6,474	-63%	-$518K	0.02%	911
2023 Q2	$756K	Buy	+10,358	New	+$730K	0.08%	431
2023 Q1	–	Sell	-2	Closed	-$203	–	1312
2022 Q4	$203	Buy	+2	New	+$213	﹤0.01%	1057