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Innovative Industrial Properties

233 hedge funds and large institutions have $751M invested in Innovative Industrial Properties in 2019 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 107 increasing their positions, 51 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

110% more repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 51

21% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 38

7.09% more ownership

Funds ownership: 65.17%72.26% (+7.1%)

3% more funds holding

Funds holding: 227233 (+6)

4% less capital invested

Capital invested by funds: $785M → $751M (-$33.5M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

36% less call options, than puts

Call options by funds: $54.1M | Put options by funds: $84.2M

Holders
233
Holders Change
+6
Holders Change %
+2.64%
% of All Funds
5.11%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
46
Increased
107
Reduced
51
Closed
38
Calls
$54.1M
Puts
$84.2M
Net Calls
-$30M
Net Calls Change
-$21.3M
Name Holding Trade Value Shares
Change
Change in
Stake
NC
51
NBW Capital
Massachusetts
$1.91M -$142K -1,346 -6%
CAM
52
Crown Advisors Management
California
$1.85M -$527K -5,000 -20%
PCM
53
Penn Capital Management
Pennsylvania
$1.77M +$2.02M +19,159 New
Barclays
54
Barclays
United Kingdom
$1.75M +$117K +1,111 +6%
Lazard Asset Management
55
Lazard Asset Management
New York
$1.72M -$211K -1,999 -10%
Prudential Financial
56
Prudential Financial
New Jersey
$1.66M +$189K +1,793 +11%
Commonwealth Equity Services
57
Commonwealth Equity Services
Massachusetts
$1.65M +$1.09M +10,380 +139%
Arrowstreet Capital
58
Arrowstreet Capital
Massachusetts
$1.64M +$1.87M +17,764 New
SBH
59
Segall Bryant & Hamill
Illinois
$1.62M -$139K -1,320 -7%
Creative Planning
60
Creative Planning
Kansas
$1.58M +$890K +8,443 +97%
LPL Financial
61
LPL Financial
California
$1.57M -$383K -3,637 -18%
UIC
62
Uniplan Investment Counsel
Wisconsin
$1.57M -$33.3K -316 -2%
California State Teachers Retirement System (CalSTRS)
63
California State Teachers Retirement System (CalSTRS)
California
$1.56M +$254K +2,406 +17%
Citigroup
64
Citigroup
New York
$1.47M +$787K +7,472 +89%
Sumitomo Mitsui Trust Group
65
Sumitomo Mitsui Trust Group
Japan
$1.46M +$497K +4,713 +42%
Deutsche Bank
66
Deutsche Bank
Germany
$1.36M -$651K -6,179 -29%
New York State Common Retirement Fund
67
New York State Common Retirement Fund
New York
$1.33M +$21.1K +200 +1%
Two Sigma Advisers
68
Two Sigma Advisers
New York
$1.27M -$1.6M -15,212 -52%
ASRS
69
Arizona State Retirement System
Arizona
$1.23M -$204K -1,935 -13%
NA
70
Navellier & Associates
Nevada
$1.2M -$20.9K -198 -1%
IAS
71
IMA Advisory Services
Colorado
$1.19M +$1.35M +12,849 New
CIBC World Market
72
CIBC World Market
Ontario, Canada
$1.12M -$1.8M -17,086 -58%
Pacer Advisors
73
Pacer Advisors
Pennsylvania
$1.11M +$442K +4,196 +53%
ASN
74
Advisory Services Network
Georgia
$1.09M
PI
75
PEAK6 Investments
Illinois
$1.04M +$1.19M +11,283 New

IIPR Hedge Fund Activity: Q3 2019 in Review

233 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q3 2019, worth a combined $751M — down 4.3% from $785M a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new IIPR positions and 38 closed out — a net gain of 8 holders — while 107 added to existing stakes and 51 trimmed.

The largest buyer was BlackRock, adding an estimated $44.6M. The largest seller was ETF Managers Group, exiting entirely with an estimated $32.8M sold.

  • 233 institutional investors held Innovative Industrial Properties (IIPR) as of Q3 2019, up from 227 in Q2 2019.
  • Funds reported $751M of Innovative Industrial Properties stock for Q3 2019, down 4.3% quarter-over-quarter.
  • 46 funds opened new Innovative Industrial Properties positions in Q3 2019 and 38 closed out, a net change of +8 holders.
  • The largest Innovative Industrial Properties buyer in Q3 2019 was BlackRock, an estimated $44.6M added.
  • The largest Innovative Industrial Properties seller in Q3 2019 was ETF Managers Group, an estimated $32.8M sold.

Based on aggregated 13F filings for Q3 2019.