Innovative Industrial Properties
IIPR
67 hedge funds and large institutions have $126M invested in Innovative Industrial Properties in 2018 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 20 increasing their positions, 11 reducing their positions, and 14 closing their positions.
107% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 14
82% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 11
51% more capital invested
Capital invested by funds: $83.1M → $126M (+$42.5M)
24% more funds holding
Funds holding: 54 → 67 (+13)
4.8% more ownership
Funds ownership: 45.82% → 50.62% (+4.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$13.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.64M |
| 3 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$4.06M |
| 4 |
State Street
Boston,
Massachusetts
|
+$3.09M |
| 5 |
Renaissance Technologies
New York
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$5.62M |
| 2 |
SPCP
Snow Park Capital Partners
New York
|
-$4.09M |
| 3 |
RA
Resource America
New York
|
-$3.48M |
| 4 |
HCM
Hilton Capital Management
Garden City,
New York
|
-$3.47M |
| 5 |
Man Group
London,
United Kingdom
|
-$1.92M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Jane Street
New York
| – | -$273K | -10,213 | Closed |
|
|
LCM
77
Laurion Capital Management
New York
| – | -$248K | -9,253 | Closed |
|
|
ECM
78
Element Capital Management
New York
| – | -$204K | -7,630 | Closed |
|
|
FANJ
79
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$80K | -3,000 | Closed |
|
|
TRCT
80
Tower Research Capital (TRC)
New York
| – | -$69.1K | -2,012 | -100% |
|
|
RFA
81
Reilly Financial Advisors
La Mesa,
California
| – | -$3K | -102 | Closed |
|
IIPR Hedge Fund Activity: Q2 2018 in Review
67 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q2 2018, worth a combined $126M — up 51% from $83.1M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new IIPR positions and 14 closed out — a net gain of 15 holders — while 20 added to existing stakes and 11 trimmed.
The largest buyer was BlackRock, adding an estimated $13.8M. The largest seller was Philadelphia Financial Management of San Francisco, cutting an estimated $5.62M.
- 67 institutional investors held Innovative Industrial Properties (IIPR) as of Q2 2018, up from 54 in Q1 2018.
- Funds reported $126M of Innovative Industrial Properties stock for Q2 2018, up 51% quarter-over-quarter.
- 29 funds opened new Innovative Industrial Properties positions in Q2 2018 and 14 closed out, a net change of +15 holders.
- The largest Innovative Industrial Properties buyer in Q2 2018 was BlackRock, an estimated $13.8M added.
- The largest Innovative Industrial Properties seller in Q2 2018 was Philadelphia Financial Management of San Francisco, an estimated $5.62M sold.
Based on aggregated 13F filings for Q2 2018.