Innovative Industrial Properties
IIPR
227 hedge funds and large institutions have $785M invested in Innovative Industrial Properties in 2019 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 85 increasing their positions, 60 reducing their positions, and 27 closing their positions.
81% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 27
61% more capital invested
Capital invested by funds: $489M → $785M (+$296M)
42% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 60
8% more funds holding
Funds holding: 210 → 227 (+17)
3.66% more ownership
Funds ownership: 61.52% → 65.17% (+3.7%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
15% less call options, than puts
Call options by funds: $49.4M | Put options by funds: $58.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMG
ETF Managers Group
Summit,
New Jersey
|
+$24.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.7M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$12.6M |
| 4 |
D.E. Shaw & Co
New York
|
+$8.93M |
| 5 |
SBIA
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
|
+$5.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
-$8.32M |
| 2 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
-$6.86M |
| 3 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$6.06M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
-$5.53M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$4.87M |
IIPR Hedge Fund Activity: Q2 2019 in Review
227 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q2 2019, worth a combined $785M — up 61% from $489M a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new IIPR positions and 27 closed out — a net gain of 22 holders — while 85 added to existing stakes and 60 trimmed.
The largest buyer was ETF Managers Group, opening a new position worth an estimated $24.3M. The largest seller was Cannell Capital, exiting entirely with an estimated $8.32M sold.
- 227 institutional investors held Innovative Industrial Properties (IIPR) as of Q2 2019, up from 210 in Q1 2019.
- Funds reported $785M of Innovative Industrial Properties stock for Q2 2019, up 61% quarter-over-quarter.
- 49 funds opened new Innovative Industrial Properties positions in Q2 2019 and 27 closed out, a net change of +22 holders.
- The largest Innovative Industrial Properties buyer in Q2 2019 was ETF Managers Group, an estimated $24.3M added.
- The largest Innovative Industrial Properties seller in Q2 2019 was Cannell Capital, an estimated $8.32M sold.
Based on aggregated 13F filings for Q2 2019.