Innovative Industrial Properties

IIPR

Market cap $1.87B

IIPR Hedge Fund Activity: Q1 2026 in Review

299 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q1 2026, worth a combined $1B — up 8.5% from $923M a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new IIPR positions and 30 closed out — a net gain of 11 holders — while 107 added to existing stakes and 88 trimmed.

The largest buyer was Arrowstreet Capital, adding an estimated $26.4M. The largest seller was Millennium Management, cutting an estimated $10.6M.

• 299 institutional investors held Innovative Industrial Properties (IIPR) as of Q1 2026, up from 293 in Q4 2025.
• Funds reported $1B of Innovative Industrial Properties stock for Q1 2026, up 8.5% quarter-over-quarter.
• 41 funds opened new Innovative Industrial Properties positions in Q1 2026 and 30 closed out, a net change of +11 holders.
• The largest Innovative Industrial Properties buyer in Q1 2026 was Arrowstreet Capital, an estimated $26.4M added.
• The largest Innovative Industrial Properties seller in Q1 2026 was Millennium Management, an estimated $10.6M sold.

Based on aggregated 13F filings for Q1 2026.