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Innovative Industrial Properties

247 hedge funds and large institutions have $659M invested in Innovative Industrial Properties in 2019 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 92 increasing their positions, 70 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

66% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 32

31% more repeat investments, than reductions

Existing positions increased: 92 | Existing positions reduced: 70

6% more funds holding

Funds holding: 233247 (+14)

1.24% more ownership

Funds ownership: 72.26%73.5% (+1.2%)

12% less capital invested

Capital invested by funds: $751M → $659M (-$91.9M)

32% less call options, than puts

Call options by funds: $53.5M | Put options by funds: $78.6M

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
247
Holders Change
+14
Holders Change %
+6.01%
% of All Funds
4.87%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
53
Increased
92
Reduced
70
Closed
32
Calls
$53.5M
Puts
$78.6M
Net Calls
-$25.2M
Net Calls Change
+$4.87M
Name Holding Trade Value Shares
Change
Change in
Stake
Two Sigma Investments
26
Two Sigma Investments
New York
$4.5M +$4.6M +59,321 New
Invesco
27
Invesco
Georgia
$4.45M -$61.4K -792 -1%
PCM
28
Penn Capital Management
Pennsylvania
$4.1M +$2.71M +34,891 +182%
Wells Fargo
29
Wells Fargo
California
$3.99M -$1.06M -13,722 -21%
LTFS
30
Ladenburg Thalmann Financial Services
Florida
$3.81M +$1.33M +17,116 +52%
Citadel Advisors
31
Citadel Advisors
Florida
$3.78M +$3.48M +44,909 +921%
UBS Group
32
UBS Group
Switzerland
$3.75M +$602K +7,759 +19%
N
33
Nuveen
North Carolina
$3.38M -$98.4K -1,269 -3%
JP Morgan Chase
34
JP Morgan Chase
New York
$3.21M +$47.5K +612 +1%
Allianz Asset Management
35
Allianz Asset Management
Germany
$3.19M +$3.26M +42,037 New
Goldman Sachs
36
Goldman Sachs
New York
$3.18M +$29.3K +378 +0.9%
Thrivent Financial for Lutherans
37
Thrivent Financial for Lutherans
Minnesota
$3.1M +$2.47M +31,839 +354%
LPL Financial
38
LPL Financial
California
$2.89M +$1.63M +21,035 +123%
AI
39
AdvisorShares Investments
Maryland
$2.83M +$2.9M +37,320 New
RhumbLine Advisers
40
RhumbLine Advisers
Massachusetts
$2.83M +$330K +4,259 +13%
UBS AM
41
UBS AM
Illinois
$2.8M +$205K +2,644 +8%
California Public Employees Retirement System
42
California Public Employees Retirement System
California
$2.75M +$520K +6,709 +23%
Voloridge Investment Management
43
Voloridge Investment Management
Florida
$2.24M +$2.29M +29,468 New
Public Sector Pension Investment Board (PSP Investments)
44
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$2.02M -$163K -2,100 -7%
New York State Teachers Retirement System (NYSTRS)
45
New York State Teachers Retirement System (NYSTRS)
New York
$1.91M +$7.91K +102 +0.4%
PPA
46
Parametric Portfolio Associates
Washington
$1.89M -$668K -8,606 -26%
PI
47
PEAK6 Investments
Illinois
$1.87M +$1.04M +13,378 +119%
First Trust Advisors
48
First Trust Advisors
Illinois
$1.84M +$1.68M +21,703 +852%
GKWIM
49
Gerber Kawasaki Wealth & Investment Management
California
$1.8M +$973K +12,542 +113%
Commonwealth Equity Services
50
Commonwealth Equity Services
Massachusetts
$1.68M +$329K +4,237 +24%

IIPR Hedge Fund Activity: Q4 2019 in Review

247 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q4 2019, worth a combined $659M — down 12% from $751M a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new IIPR positions and 32 closed out — a net gain of 21 holders — while 92 added to existing stakes and 70 trimmed.

The largest buyer was TimesSquare Capital Management, adding an estimated $22.3M. The largest seller was Capital Growth Management, exiting entirely with an estimated $32.8M sold.

  • 247 institutional investors held Innovative Industrial Properties (IIPR) as of Q4 2019, up from 233 in Q3 2019.
  • Funds reported $659M of Innovative Industrial Properties stock for Q4 2019, down 12% quarter-over-quarter.
  • 53 funds opened new Innovative Industrial Properties positions in Q4 2019 and 32 closed out, a net change of +21 holders.
  • The largest Innovative Industrial Properties buyer in Q4 2019 was TimesSquare Capital Management, an estimated $22.3M added.
  • The largest Innovative Industrial Properties seller in Q4 2019 was Capital Growth Management, an estimated $32.8M sold.

Based on aggregated 13F filings for Q4 2019.