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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
Comerica Bank
76
Comerica Bank
Texas
$1.05M +$44.1K +569 +5%
Creative Planning
77
Creative Planning
Kansas
$972K -$335K -4,314 -25%
3C
78
361 Capital
Colorado
$918K -$1.03M -13,283 -52%
KACA
79
Kayne Anderson Capital Advisors
California
$909K +$931K +12,000 New
SPC
80
Sigma Planning Corp
Michigan
$896K +$310K +3,997 +51%
Citigroup
81
Citigroup
New York
$895K -$318K -4,103 -26%
VOYA Investment Management
82
VOYA Investment Management
Georgia
$885K +$584K +7,531 +182%
Cambridge Investment Research Advisors
83
Cambridge Investment Research Advisors
Iowa
$793K -$28.9K -373 -3%
Victory Capital Management
84
Victory Capital Management
Texas
$778K +$364K +4,690 +84%
Ensign Peak Advisors
85
Ensign Peak Advisors
Utah
$774K +$791K +10,200 New
DCM
86
Dupont Capital Management
Delaware
$763K +$523K +6,747 +204%
IAS
87
IMA Advisory Services
Colorado
$758K -$222K -2,860 -22%
VRS
88
Virginia Retirement Systems
Virginia
$751K +$62.1K +800 +9%
D.E. Shaw & Co
89
D.E. Shaw & Co
New York
$707K -$1.83M -23,542 -72%
Nisa Investment Advisors
90
Nisa Investment Advisors
Missouri
$695K +$436K +5,622 +159%
SOADOR
91
State of Alaska Department of Revenue
Alaska
$678K +$20.8K +268 +3%
AA
92
Ancora Advisors
Ohio
$670K -$776 -10 -0.1%
ZIM
93
Zacks Investment Management
Illinois
$637K +$651K +8,393 New
SG Americas Securities
94
SG Americas Securities
New York
$629K +$558K +7,187 +653%
AIG
95
American International Group
New York
$625K +$12.8K +165 +2%
TPSF
96
Texas Permanent School Fund
Texas
$615K +$32.1K +414 +5%
PI
97
PineBridge Investments
New York
$610K -$192K -2,477 -24%
Russell Investments Group
98
Russell Investments Group
United Kingdom
$606K -$168K -2,160 -21%
ASRS
99
Arizona State Retirement System
Arizona
$600K -$417K -5,371 -40%
Squarepoint
100
Squarepoint
New York
$578K +$591K +7,615 New

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.