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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
Pacer Advisors
51
Pacer Advisors
Pennsylvania
$1.67M +$775K +9,996 +83%
Jane Street
52
Jane Street
New York
$1.66M +$1.69M +21,812 New
Swiss National Bank
53
Swiss National Bank
Switzerland
$1.64M +$54.3K +700 +3%
BRC
54
Bell Rock Capital
Delaware
$1.63M -$93.8K -1,209 -5%
Asset Management One
55
Asset Management One
Japan
$1.56M -$84.9K -1,094 -5%
Sumitomo Mitsui Trust Group
56
Sumitomo Mitsui Trust Group
Japan
$1.52M +$330K +4,248 +27%
NC
57
NBW Capital
Massachusetts
$1.52M -$43.7K -563 -3%
HJMC
58
Hellman Jordan Management Company
Massachusetts
$1.52M -$2.72M -35,000 -64%
Prudential Financial
59
Prudential Financial
New Jersey
$1.44M +$79.1K +1,020 +6%
ETC
60
Exchange Traded Concepts
Oklahoma
$1.41M +$1.44M +18,547 New
CS
61
Credit Suisse
Switzerland
$1.38M -$412K -5,317 -23%
AllianceBernstein
62
AllianceBernstein
Tennessee
$1.34M -$2.38M -30,668 -63%
Barclays
63
Barclays
United Kingdom
$1.34M -$96.7K -1,246 -7%
SBH
64
Segall Bryant & Hamill
Illinois
$1.33M -$5.51K -71 -0.4%
California State Teachers Retirement System (CalSTRS)
65
California State Teachers Retirement System (CalSTRS)
California
$1.31M +$36.5K +470 +3%
UIC
66
Uniplan Investment Counsel
Wisconsin
$1.3M +$17.8K +229 +1%
CSS
67
Cubist Systematic Strategies
Connecticut
$1.28M +$1.09M +14,090 +500%
Rafferty Asset Management
68
Rafferty Asset Management
New York
$1.22M +$1.24M +16,037 New
Arrowstreet Capital
69
Arrowstreet Capital
Massachusetts
$1.18M -$170K -2,197 -12%
Canada Life
70
Canada Life
Manitoba, Canada
$1.18M +$1.22M +15,699 New
Lazard Asset Management
71
Lazard Asset Management
New York
$1.17M -$244K -3,151 -17%
New York State Common Retirement Fund
72
New York State Common Retirement Fund
New York
$1.17M +$77.6K +1,000 +7%
WFI
73
West Family Investments
California
$1.17M +$1.19M +15,400 New
ASN
74
Advisory Services Network
Georgia
$1.08M +$420K +5,414 +62%
Deutsche Bank
75
Deutsche Bank
Germany
$1.05M -$71.3K -919 -6%

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.