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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
AQR Capital Management
101
AQR Capital Management
Connecticut
$574K +$233 +3 +0%
Nomura Asset Management
102
Nomura Asset Management
Japan
$561K +$20.9K +270 +4%
DBT
103
Dubuque Bank & Trust
Iowa
$548K
CCMW
104
Cypress Capital Management (Wyoming)
Wyoming
$542K -$104K -1,340 -16%
AHC
105
Anderson Hoagland & Co
Missouri
$542K
BCM
106
Bridgeway Capital Management
Texas
$539K +$93.1K +1,200 +20%
Bank of Montreal
107
Bank of Montreal
Ontario, Canada
$534K -$279K -3,594 -34%
LFAS
108
Level Four Advisory Services
Texas
$498K +$51.2K +660 New
CG
109
Cutler Group
California
$492K +$496K +6,388 +6,388%
Manulife (Manufacturers Life Insurance)
110
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$488K -$6.21K -80 -1%
TC
111
Telemus Capital
Michigan
$478K +$23.3K +300 +5%
AG
112
Advisor Group
Arizona
$474K -$13K -168 -3%
AIM
113
Aigen Investment Management
New York
$474K +$485K +6,250 New
NFG
114
Next Financial Group
Texas
$473K +$67.1K +865 +16%
IA
115
IndexIQ Advisors
New York
$471K -$20.1K -259 -4%
GC
116
Guggenheim Capital
Illinois
$470K +$245K +3,160 +104%
VHAM
117
Van Hulzen Asset Management
California
$445K +$184K +2,370 +68%
TRAM
118
Tuscan Ridge Asset Management
Illinois
$436K +$11.6K +150 +3%
CAN
119
Cetera Advisor Networks
California
$434K -$27.2K -350 -6%
CGH
120
Crossmark Global Holdings
Texas
$430K +$37.2K +480 +9%
State Board of Administration of Florida Retirement System
121
State Board of Administration of Florida Retirement System
Florida
$422K -$26.4K -340 -6%
HAG
122
HighPoint Advisor Group
Illinois
$420K +$213K +2,744 +114%
DA
123
Detalus Advisors
Missouri
$400K +$409K +5,276 New
T. Rowe Price Associates
124
T. Rowe Price Associates
Maryland
$380K +$35.9K +463 +10%
QSS
125
Quantitative Systematic Strategies
Florida
$375K +$184K +2,375 +93%

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.