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Innovative Industrial Properties

210 hedge funds and large institutions have $489M invested in Innovative Industrial Properties in 2019 Q1 according to their latest regulatory filings, with 93 funds opening new positions, 49 increasing their positions, 50 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

745% more first-time investments, than exits

New positions opened: 93 | Existing positions closed: 11

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

104% more capital invested

Capital invested by funds: $240M → $489M (+$249M)

62% more funds holding

Funds holding: 130210 (+80)

33% more call options, than puts

Call options by funds: $14.1M | Put options by funds: $10.6M

7.05% more ownership

Funds ownership: 54.47%61.52% (+7.1%)

2% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 50

Holders
210
Holders Change
+80
Holders Change %
+61.54%
% of All Funds
4.55%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.06%
New
93
Increased
49
Reduced
50
Closed
11
Calls
$14.1M
Puts
$10.6M
Net Calls
+$3.52M
Net Calls Change
+$3.52M
Name Holding Trade Value Shares
Change
Change in
Stake
AllianceBernstein
26
AllianceBernstein
Tennessee
$3.33M -$358K -5,290 -11%
NC
27
NBW Capital
Massachusetts
$3.15M -$906K -13,403 -26%
CIBC World Market
28
CIBC World Market
Ontario, Canada
$2.58M +$2.14M +31,578 New
UBS Group
29
UBS Group
Switzerland
$2.56M -$556K -8,218 -21%
Russell Investments Group
30
Russell Investments Group
United Kingdom
$2.45M -$63.7K -942 -3%
RhumbLine Advisers
31
RhumbLine Advisers
Massachusetts
$2.43M +$1.1M +16,252 +121%
TA
32
Teachers Advisors
New York
$2.35M -$6.51M -96,300 -77%
RA
33
RMR Advisors
Massachusetts
$2.25M
TAM
34
THB Asset Management
Connecticut
$2.22M -$2.2M -32,476 -54%
Citadel Advisors
35
Citadel Advisors
Florida
$2.13M +$1.76M +26,077 New
BRC
36
Bell Rock Capital
Delaware
$2.01M +$457K +6,764 +38%
Legal & General Group
37
Legal & General Group
United Kingdom
$1.86M +$1.44M +21,336 +1,482%
Charles Schwab
38
Charles Schwab
California
$1.82M +$45.9K +679 +3%
PPA
39
Parametric Portfolio Associates
Washington
$1.81M +$252K +3,720 +20%
UIC
40
Uniplan Investment Counsel
Wisconsin
$1.75M -$2.18M -32,301 -60%
SBH
41
Segall Bryant & Hamill
Illinois
$1.65M -$534K -7,900 -28%
Asset Management One
42
Asset Management One
Japan
$1.59M +$67.2K +994 +5%
TAM
43
TFG Asset Management
Cayman Islands
$1.56M +$1.29M +19,141 New
New York State Common Retirement Fund
44
New York State Common Retirement Fund
New York
$1.54M +$292K +4,321 +30%
Voloridge Investment Management
45
Voloridge Investment Management
Florida
$1.5M +$1.24M +18,405 New
USAA
46
United Services Automobile Association
Texas
$1.41M +$1.17M +17,268 New
Two Sigma Advisers
47
Two Sigma Advisers
New York
$1.41M +$101K +1,500 +10%
AAMU
48
Amundi Asset Management US
Massachusetts
$1.4M +$1.15M +16,957 +8,479%
Lazard Asset Management
49
Lazard Asset Management
New York
$1.38M -$2.64K -39 -0.2%
Deutsche Bank
50
Deutsche Bank
Germany
$1.38M -$486K -7,183 -30%

IIPR Hedge Fund Activity: Q1 2019 in Review

210 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q1 2019, worth a combined $489M — up 104% from $240M a quarter earlier.

Buyers outnumbered sellers: 93 funds opened new IIPR positions and 11 closed out — a net gain of 82 holders — while 49 added to existing stakes and 50 trimmed.

The largest buyer was BlackRock, adding an estimated $56.8M. The largest seller was TimesSquare Capital Management, cutting an estimated $31.1M.

  • 210 institutional investors held Innovative Industrial Properties (IIPR) as of Q1 2019, up from 130 in Q4 2018.
  • Funds reported $489M of Innovative Industrial Properties stock for Q1 2019, up 104% quarter-over-quarter.
  • 93 funds opened new Innovative Industrial Properties positions in Q1 2019 and 11 closed out, a net change of +82 holders.
  • The largest Innovative Industrial Properties buyer in Q1 2019 was BlackRock, an estimated $56.8M added.
  • The largest Innovative Industrial Properties seller in Q1 2019 was TimesSquare Capital Management, an estimated $31.1M sold.

Based on aggregated 13F filings for Q1 2019.