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Innovative Industrial Properties

359 hedge funds and large institutions have $1.33B invested in Innovative Industrial Properties in 2024 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 120 increasing their positions, 106 reducing their positions, and 111 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more repeat investments, than reductions

Existing positions increased: 120 | Existing positions reduced: 106

0.59% more ownership

Funds ownership: 70.15%70.74% (+0.59%)

5% less call options, than puts

Call options by funds: $26.3M | Put options by funds: $27.6M

13% less funds holding

Funds holding: 415359 (-56)

46% less first-time investments, than exits

New positions opened: 60 | Existing positions closed: 111

50% less capital invested

Capital invested by funds: $2.68B → $1.33B (-$1.34B)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
359
Holders Change
-56
Holders Change %
-13.49%
% of All Funds
4.73%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
60
Increased
120
Reduced
106
Closed
111
Calls
$26.3M
Puts
$27.6M
Net Calls
-$1.3M
Net Calls Change
-$24.5M
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
51
LPL Financial
California
$2.66M +$1.05M +9,312 +30%
Macquarie Group
52
Macquarie Group
Australia
$2.65M +$101K +896 +2%
WCM
53
Wedge Capital Management
North Carolina
$2.51M -$17.9K -159 -0.4%
KCM
54
Kennedy Capital Management
Missouri
$2.5M -$166K -1,475 -4%
Nomura Asset Management
55
Nomura Asset Management
Japan
$2.48M +$248K +2,200 +6%
Massachusetts Financial Services
56
Massachusetts Financial Services
Massachusetts
$2.45M +$710K +6,312 +21%
MML Investors Services
57
MML Investors Services
Massachusetts
$2.35M -$274K -2,431 -6%
BCM
58
Bridgeway Capital Management
Texas
$2.33M
Deutsche Bank
59
Deutsche Bank
Germany
$2.28M +$946K +8,408 +33%
QOP
60
Quinn Opportunity Partners
Virginia
$2.2M +$3.71M +33,000 New
Citadel Advisors
61
Citadel Advisors
Florida
$2.17M +$3.12M +27,767 +585%
Commonwealth Equity Services
62
Commonwealth Equity Services
Massachusetts
$2.17M -$9.79K -87 -0.3%
KWM
63
Koa Wealth Management
California
$2.13M -$1.21M -10,722 -25%
Victory Capital Management
64
Victory Capital Management
Texas
$2.1M -$590K -5,242 -14%
Sumitomo Mitsui Trust Group
65
Sumitomo Mitsui Trust Group
Japan
$2.06M +$4.28K +38 +0.1%
SOADOR
66
State of Alaska Department of Revenue
Alaska
$1.97M +$3.83K +34 +0.1%
Prudential Financial
67
Prudential Financial
New Jersey
$1.92M -$278K -2,470 -8%
TA
68
TrueWealth Advisors
Alabama
$1.84M +$413K +3,672 +15%
PEAK6
69
PEAK6
Illinois
$1.84M +$3.11M +27,654 New
Universal-Beteiligungs- und Servicegesellschaft
70
Universal-Beteiligungs- und Servicegesellschaft
Germany
$1.82M +$3.07M +27,316 New
California State Teachers Retirement System (CalSTRS)
71
California State Teachers Retirement System (CalSTRS)
California
$1.76M -$34.2K -304 -1%
IIM
72
INTECH Investment Management
Florida
$1.65M +$1.63M +14,480 +141%
PCM
73
Penserra Capital Management
California
$1.64M -$224K -1,986 -7%
T. Rowe Price Associates
74
T. Rowe Price Associates
Maryland
$1.63M +$245K +2,180 +10%
Janus Henderson Group
75
Janus Henderson Group
United Kingdom
$1.61M +$634K +5,636 +30%

IIPR Hedge Fund Activity: Q4 2024 in Review

359 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q4 2024, worth a combined $1.33B — down 50% from $2.68B a quarter earlier.

Sellers outnumbered buyers: 111 funds closed out of IIPR and 60 opened new positions — a net loss of 51 holders — while 106 trimmed existing stakes and 120 added.

The largest buyer was Pacer Advisors, opening a new position worth an estimated $70.9M. The largest seller was Wellington Management Group, exiting entirely with an estimated $76.5M sold.

  • 359 institutional investors held Innovative Industrial Properties (IIPR) as of Q4 2024, down from 415 in Q3 2024.
  • Funds reported $1.33B of Innovative Industrial Properties stock for Q4 2024, down 50% quarter-over-quarter.
  • 60 funds opened new Innovative Industrial Properties positions in Q4 2024 and 111 closed out, a net change of -51 holders.
  • The largest Innovative Industrial Properties buyer in Q4 2024 was Pacer Advisors, an estimated $70.9M added.
  • The largest Innovative Industrial Properties seller in Q4 2024 was Wellington Management Group, an estimated $76.5M sold.

Based on aggregated 13F filings for Q4 2024.