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Innovative Industrial Properties

394 hedge funds and large institutions have $3.36B invested in Innovative Industrial Properties in 2021 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 158 increasing their positions, 132 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more repeat investments, than reductions

Existing positions increased: 158 | Existing positions reduced: 132

2% more call options, than puts

Call options by funds: $152M | Put options by funds: $149M

1% more capital invested

Capital invested by funds: $3.31B → $3.36B (+$49M)

0% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 56

1% less funds holding

Funds holding: 397394 (-3)

3.45% less ownership

Funds ownership: 81.43%77.98% (-3.5%)

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

Holders
394
Holders Change
-3
Holders Change %
-0.76%
% of All Funds
6.92%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.09%
New
56
Increased
158
Reduced
132
Closed
56
Calls
$152M
Puts
$149M
Net Calls
+$2.78M
Net Calls Change
+$58.5M
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
26
Penserra Capital Management
California
$16.7M +$11.2M +58,629 +173%
GLA
27
Great Lakes Advisors
Illinois
$16.6M +$921K +4,806 +6%
NIPH
28
NN Investment Partners Holdings
Netherlands
$15.8M +$8.78M +45,806 +109%
Thrivent Financial for Lutherans
29
Thrivent Financial for Lutherans
Minnesota
$15.6M +$7.14M +37,251 +76%
SWM
30
Spire Wealth Management
Virginia
$14.8M +$15.8M +82,468 New
Deutsche Bank
31
Deutsche Bank
Germany
$14.4M +$10M +52,420 +190%
GIM
32
Granahan Investment Management
Massachusetts
$14.2M -$2.65M -13,848 -15%
RhumbLine Advisers
33
RhumbLine Advisers
Massachusetts
$13.1M +$1.11M +5,786 +9%
Asset Management One
34
Asset Management One
Japan
$13M +$88.9K +464 +0.6%
PPA
35
Parametric Portfolio Associates
Washington
$11M +$169K +884 +1%
First Trust Advisors
36
First Trust Advisors
Illinois
$10.9M +$3.63M +18,917 +46%
NIP
37
Nicholas Investment Partners
California
$10.6M -$369K -1,926 -3%
Wells Fargo
38
Wells Fargo
California
$10.3M -$9.26M -48,294 -46%
California Public Employees Retirement System
39
California Public Employees Retirement System
California
$10.2M +$1.32M +6,872 +14%
AII
40
AGF Investments Inc
Ontario, Canada
$9.91M +$10.5M +55,000 New
KCM
41
Kennedy Capital Management
Missouri
$9.59M -$7.38M -38,504 -42%
Public Sector Pension Investment Board (PSP Investments)
42
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$9.47M +$675K +3,522 +7%
Swiss National Bank
43
Swiss National Bank
Switzerland
$9.13M +$307K +1,600 +3%
Goldman Sachs
44
Goldman Sachs
New York
$9.04M -$6.87M -35,819 -42%
UBS Group
45
UBS Group
Switzerland
$9.01M +$3.26K +17 +0%
Invesco
46
Invesco
Georgia
$8.97M -$2.35M -12,259 -20%
GKWIM
47
Gerber Kawasaki Wealth & Investment Management
California
$8.55M +$820K +4,279 +10%
GC
48
Guggenheim Capital
Illinois
$8.47M -$3.06M -15,954 -25%
AIA
49
Avalon Investment & Advisory
Texas
$8.37M +$350K +1,825 +4%
Commonwealth Equity Services
50
Commonwealth Equity Services
Massachusetts
$8.27M +$411K +2,142 +5%

IIPR Hedge Fund Activity: Q1 2021 in Review

394 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q1 2021, worth a combined $3.36B — up 1.5% from $3.31B a quarter earlier.

Fund positioning in IIPR was balanced in Q1 2021: 56 funds opened new positions, 56 closed out, 158 added to existing stakes and 132 trimmed.

The largest buyer was BlackRock, adding an estimated $84.5M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $31M sold.

  • 394 institutional investors held Innovative Industrial Properties (IIPR) as of Q1 2021, down from 397 in Q4 2020.
  • Funds reported $3.36B of Innovative Industrial Properties stock for Q1 2021, up 1.5% quarter-over-quarter.
  • 56 funds opened new Innovative Industrial Properties positions in Q1 2021 and 56 closed out, a net change of 0 holders.
  • The largest Innovative Industrial Properties buyer in Q1 2021 was BlackRock, an estimated $84.5M added.
  • The largest Innovative Industrial Properties seller in Q1 2021 was Lord, Abbett & Co, an estimated $31M sold.

Based on aggregated 13F filings for Q1 2021.