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Innovative Industrial Properties

210 hedge funds and large institutions have $489M invested in Innovative Industrial Properties in 2019 Q1 according to their latest regulatory filings, with 93 funds opening new positions, 49 increasing their positions, 50 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

745% more first-time investments, than exits

New positions opened: 93 | Existing positions closed: 11

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

104% more capital invested

Capital invested by funds: $240M → $489M (+$249M)

62% more funds holding

Funds holding: 130210 (+80)

33% more call options, than puts

Call options by funds: $14.1M | Put options by funds: $10.6M

7.05% more ownership

Funds ownership: 54.47%61.52% (+7.1%)

2% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 50

Holders
210
Holders Change
+80
Holders Change %
+61.54%
% of All Funds
4.55%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.06%
New
93
Increased
49
Reduced
50
Closed
11
Calls
$14.1M
Puts
$10.6M
Net Calls
+$3.52M
Net Calls Change
+$3.52M
Name Holding Trade Value Shares
Change
Change in
Stake
VF
101
Virtu Financial
New York
$347K +$287K +4,251 New
NFG
102
Next Financial Group
Texas
$346K -$30K -443 -9%
NFH
103
NEXT Financial Holdings
Texas
$346K +$286K +4,227 New
CSS
104
Cubist Systematic Strategies
Connecticut
$337K -$413K -6,100 -60%
VHAM
105
Van Hulzen Asset Management
California
$335K -$47.3K -700 -15%
OPERF
106
Oregon Public Employees Retirement Fund
Oregon
$319K +$264K +3,900 New
GC
107
Guggenheim Capital
Illinois
$319K +$264K +3,909 New
State Board of Administration of Florida Retirement System
108
State Board of Administration of Florida Retirement System
Florida
$318K +$263K +3,890 New
SWA
109
Stratos Wealth Advisors
Ohio
$318K +$264K +3,897 New
HAG
110
HighPoint Advisor Group
Illinois
$309K +$263K +3,896 New
Allianz Asset Management
111
Allianz Asset Management
Germany
$304K +$252K +3,719 New
FHA
112
Flagship Harbor Advisors
Massachusetts
$302K +$11.2K +165 +5%
LSERS
113
Louisiana State Employees Retirement System
Louisiana
$302K +$250K +3,700 New
VOYA Investment Management
114
VOYA Investment Management
Georgia
$301K +$249K +3,680 New
MLICM
115
Metropolitan Life Insurance Company (MetLife)
New York
$300K -$271 -4 -0.1%
TIA
116
Tiemann Investment Advisors
California
$299K +$248K +3,661 New
PP
117
PagnatoKarp Partners
Virginia
$296K +$244K +3,607 New
COPPSERS
118
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$274K +$227K +3,355 New
SOADOR
119
State of Alaska Department of Revenue
Alaska
$269K +$223K +3,300 New
SG Americas Securities
120
SG Americas Securities
New York
$265K +$219K +3,241 New
JP Morgan Chase
121
JP Morgan Chase
New York
$261K -$1.49M -21,998 -87%
SPC
122
Sigma Planning Corp
Michigan
$257K -$748K -11,067 -78%
AG
123
Advisor Group
Arizona
$257K +$105K +1,552 +97%
MSA
124
Mason Street Advisors
Wisconsin
$257K +$212K +3,140 New
OIA
125
Optimum Investment Advisors
Illinois
$253K -$115K -1,700 -35%

IIPR Hedge Fund Activity: Q1 2019 in Review

210 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q1 2019, worth a combined $489M — up 104% from $240M a quarter earlier.

Buyers outnumbered sellers: 93 funds opened new IIPR positions and 11 closed out — a net gain of 82 holders — while 49 added to existing stakes and 50 trimmed.

The largest buyer was BlackRock, adding an estimated $56.8M. The largest seller was TimesSquare Capital Management, cutting an estimated $31.1M.

  • 210 institutional investors held Innovative Industrial Properties (IIPR) as of Q1 2019, up from 130 in Q4 2018.
  • Funds reported $489M of Innovative Industrial Properties stock for Q1 2019, up 104% quarter-over-quarter.
  • 93 funds opened new Innovative Industrial Properties positions in Q1 2019 and 11 closed out, a net change of +82 holders.
  • The largest Innovative Industrial Properties buyer in Q1 2019 was BlackRock, an estimated $56.8M added.
  • The largest Innovative Industrial Properties seller in Q1 2019 was TimesSquare Capital Management, an estimated $31.1M sold.

Based on aggregated 13F filings for Q1 2019.