Innovative Industrial Properties
IIPR
299 hedge funds and large institutions have $1B invested in Innovative Industrial Properties in 2026 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 107 increasing their positions, 88 reducing their positions, and 30 closing their positions.
37% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 30
22% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 88
8% more capital invested
Capital invested by funds: $923M → $1B (+$78.3M)
2% more funds holding
Funds holding: 293 → 299 (+6)
1.39% more ownership
Funds ownership: 69.29% → 70.69% (+1.4%)
50% less call options, than puts
Call options by funds: $22.7M | Put options by funds: $45.3M
Top Buyers
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$26.4M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$14.1M |
| 3 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
+$9.76M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$2.71M |
| 5 |
BlackRock
New York
|
+$2.28M |
Top Sellers
| 1 |
Millennium Management
New York
|
-$10.6M |
| 2 |
D.E. Shaw & Co
New York
|
-$5.57M |
| 3 |
EP
Edgestream Partners
Princeton,
New Jersey
|
-$4.82M |
| 4 |
Morgan Stanley
New York
|
-$2.64M |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$2.04M |
IIPR Hedge Fund Activity: Q1 2026 in Review
299 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q1 2026, worth a combined $1B — up 8.5% from $923M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new IIPR positions and 30 closed out — a net gain of 11 holders — while 107 added to existing stakes and 88 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $26.4M. The largest seller was Millennium Management, cutting an estimated $10.6M.
- 299 institutional investors held Innovative Industrial Properties (IIPR) as of Q1 2026, up from 293 in Q4 2025.
- Funds reported $1B of Innovative Industrial Properties stock for Q1 2026, up 8.5% quarter-over-quarter.
- 41 funds opened new Innovative Industrial Properties positions in Q1 2026 and 30 closed out, a net change of +11 holders.
- The largest Innovative Industrial Properties buyer in Q1 2026 was Arrowstreet Capital, an estimated $26.4M added.
- The largest Innovative Industrial Properties seller in Q1 2026 was Millennium Management, an estimated $10.6M sold.
Based on aggregated 13F filings for Q1 2026.