Innovative Industrial Properties
IIPR
35 hedge funds and large institutions have $21.4M invested in Innovative Industrial Properties in 2017 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 10 increasing their positions, 2 reducing their positions, and 4 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 2
350% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 4
280% more capital invested
Capital invested by funds: $5.63M → $21.4M (+$15.7M)
67% more funds holding
Funds holding: 21 → 35 (+14)
10.38% more ownership
Funds ownership: 8.6% → 18.98% (+10%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.42M |
| 2 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$528K |
| 3 |
Two Sigma Investments
New York
|
+$500K |
| 4 |
PAM
PVG Asset Management
Golden,
Colorado
|
+$408K |
| 5 |
JP Morgan Chase
New York
|
+$369K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$947K |
| 2 |
JIC
Joel Isaacson & Co
New York
|
-$187K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$171K |
| 4 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
-$81.6K |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
-$10K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWM
26
SeaCrest Wealth Management
Purchase,
New York
| $32K | +$20.4K | +1,000 | New |
|
|
VFA
27
Valeo Financial Advisors
Carmel,
Indiana
| $16K | – | – | – |
|
|
HCM
28
Horrell Capital Management
Little Rock,
Arkansas
| $8K | – | – | – |
|
|
AF
29
Advisornet Financial
Minnetonka,
Minnesota
| $8K | +$5.1K | +250 | New |
|
30
Bank of Montreal
Toronto,
Ontario, Canada
| $8K | +$5.22K | +256 | New |
|
|
RFA
31
Reilly Financial Advisors
La Mesa,
California
| $3K | +$20 | +1 | +1% |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3K | +$1.67K | +82 | +8,200% |
|
|
NSIM
33
North Star Investment Management
Chicago,
Illinois
| $3K | +$2.04K | +100 | New |
|
|
TWA
34
TCI Wealth Advisors
Tucson,
Arizona
| $2K | +$1.04K | +51 | New |
|
|
AG
35
Advisor Group
Phoenix,
Arizona
| $1K | – | – | – |
|
|
JIC
36
Joel Isaacson & Co
New York
| – | -$187K | -10,000 | Closed |
|
|
37
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$171K | -9,170 | Closed |
|
|
NFG
38
Next Financial Group
Houston,
Texas
| – | -$10K | -500 | Closed |
|
39
Bank of America
Charlotte,
North Carolina
| – | -$1K | -75 | Closed |
|
IIPR Hedge Fund Activity: Q4 2017 in Review
35 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q4 2017, worth a combined $21.4M — up 280% from $5.63M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new IIPR positions and 4 closed out — a net gain of 14 holders — while 10 added to existing stakes and 2 trimmed.
The largest buyer was Mirae Asset Global Investments, opening a new position worth an estimated $1.42M. The largest seller was Vanguard Group, cutting an estimated $947K.
- 35 institutional investors held Innovative Industrial Properties (IIPR) as of Q4 2017, up from 21 in Q3 2017.
- Funds reported $21.4M of Innovative Industrial Properties stock for Q4 2017, up 280% quarter-over-quarter.
- 18 funds opened new Innovative Industrial Properties positions in Q4 2017 and 4 closed out, a net change of +14 holders.
- The largest Innovative Industrial Properties buyer in Q4 2017 was Mirae Asset Global Investments, an estimated $1.42M added.
- The largest Innovative Industrial Properties seller in Q4 2017 was Vanguard Group, an estimated $947K sold.
Based on aggregated 13F filings for Q4 2017.