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Innovative Industrial Properties

394 hedge funds and large institutions have $3.36B invested in Innovative Industrial Properties in 2021 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 158 increasing their positions, 132 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more repeat investments, than reductions

Existing positions increased: 158 | Existing positions reduced: 132

2% more call options, than puts

Call options by funds: $152M | Put options by funds: $149M

1% more capital invested

Capital invested by funds: $3.31B → $3.36B (+$49M)

0% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 56

1% less funds holding

Funds holding: 397394 (-3)

3.45% less ownership

Funds ownership: 81.43%77.98% (-3.5%)

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

Holders
394
Holders Change
-3
Holders Change %
-0.76%
% of All Funds
6.92%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.09%
New
56
Increased
158
Reduced
132
Closed
56
Calls
$152M
Puts
$149M
Net Calls
+$2.78M
Net Calls Change
+$58.5M
Name Holding Trade Value Shares
Change
Change in
Stake
FEG
76
Financial Enhancement Group
Indiana
$4.81M -$1.14M -5,948 -18%
SEI Investments
77
SEI Investments
Pennsylvania
$4.77M +$1.21M +6,336 +32%
Two Sigma Advisers
78
Two Sigma Advisers
New York
$4.66M -$7.44M -38,800 -60%
Jane Street
79
Jane Street
New York
$4.65M +$883K +4,605 +22%
Comerica Bank
80
Comerica Bank
Texas
$4.63M +$157K +818 +3%
SOAMC
81
Spirit of America Management Corp
New York
$4.37M
Envestnet Asset Management
82
Envestnet Asset Management
Illinois
$4.29M -$522K -2,721 -10%
MGAM
83
McGowan Group Asset Management
Texas
$4.25M +$4.52M +23,561 New
RAM
84
Riggs Asset Management
Pennsylvania
$4.12M +$4.38M +22,864 New
UIC
85
Uniplan Investment Counsel
Wisconsin
$3.77M +$285K +1,485 +8%
Royal Bank of Canada
86
Royal Bank of Canada
Ontario, Canada
$3.52M -$6.32M -32,992 -63%
Axa
87
Axa
France
$3.37M +$2.68M +14,000 +298%
Nomura Asset Management
88
Nomura Asset Management
Japan
$3.36M +$261K +1,360 +8%
COPPSERS
89
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$3.32M +$244K +1,275 +7%
TPSF
90
Texas Permanent School Fund
Texas
$3.22M +$13.4K +70 +0.4%
Cambridge Investment Research Advisors
91
Cambridge Investment Research Advisors
Iowa
$3.15M -$1.19M -6,210 -26%
Manulife (Manufacturers Life Insurance)
92
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$3.09M +$592K +3,090 +22%
NSIM
93
North Star Investment Management
Illinois
$3.05M
VRS
94
Virginia Retirement Systems
Virginia
$3.03M -$3.3M -17,200 -51%
SOADOR
95
State of Alaska Department of Revenue
Alaska
$2.91M -$207K -1,080 -6%
Bank of Montreal
96
Bank of Montreal
Ontario, Canada
$2.89M +$485K +2,531 +20%
MWM
97
Minot Wealth Management
Massachusetts
$2.89M -$149K -777 -5%
BNP Paribas Financial Markets
98
BNP Paribas Financial Markets
France
$2.87M -$250K -1,302 -8%
ETC
99
Exchange Traded Concepts
Oklahoma
$2.87M +$706K +3,683 +30%
Victory Capital Management
100
Victory Capital Management
Texas
$2.71M -$2.41M -12,562 -45%

IIPR Hedge Fund Activity: Q1 2021 in Review

394 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q1 2021, worth a combined $3.36B — up 1.5% from $3.31B a quarter earlier.

Fund positioning in IIPR was balanced in Q1 2021: 56 funds opened new positions, 56 closed out, 158 added to existing stakes and 132 trimmed.

The largest buyer was BlackRock, adding an estimated $84.5M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $31M sold.

  • 394 institutional investors held Innovative Industrial Properties (IIPR) as of Q1 2021, down from 397 in Q4 2020.
  • Funds reported $3.36B of Innovative Industrial Properties stock for Q1 2021, up 1.5% quarter-over-quarter.
  • 56 funds opened new Innovative Industrial Properties positions in Q1 2021 and 56 closed out, a net change of 0 holders.
  • The largest Innovative Industrial Properties buyer in Q1 2021 was BlackRock, an estimated $84.5M added.
  • The largest Innovative Industrial Properties seller in Q1 2021 was Lord, Abbett & Co, an estimated $31M sold.

Based on aggregated 13F filings for Q1 2021.