Innovative Industrial Properties
IIPR
328 hedge funds and large institutions have $1.41B invested in Innovative Industrial Properties in 2023 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 116 increasing their positions, 110 reducing their positions, and 56 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 110
4.86% less ownership
Funds ownership: 74.1% → 69.24% (-4.9%)
6% less funds holding
Funds holding: 348 → 328 (-20)
10% less capital invested
Capital invested by funds: $1.57B → $1.41B (-$157M)
29% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 56
35% less call options, than puts
Call options by funds: $28.5M | Put options by funds: $43.8M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| 1 |
State Street
Boston,
Massachusetts
|
+$8.19M |
| 2 |
BlackRock
New York
|
+$7.11M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.38M |
| 4 |
JP Morgan Chase
New York
|
+$4.48M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$2.93M |
Top Sellers
| 1 |
ZP
Zimmer Partners
New York
|
-$45M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$15.1M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$8.57M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.71M |
| 5 |
D.E. Shaw & Co
New York
|
-$6.91M |
IIPR Hedge Fund Activity: Q2 2023 in Review
328 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q2 2023, worth a combined $1.41B — down 10% from $1.57B a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of IIPR and 40 opened new positions — a net loss of 16 holders — while 110 trimmed existing stakes and 116 added.
The largest buyer was State Street, adding an estimated $8.19M. The largest seller was Zimmer Partners, cutting an estimated $45M.
- 328 institutional investors held Innovative Industrial Properties (IIPR) as of Q2 2023, down from 348 in Q1 2023.
- Funds reported $1.41B of Innovative Industrial Properties stock for Q2 2023, down 10% quarter-over-quarter.
- 40 funds opened new Innovative Industrial Properties positions in Q2 2023 and 56 closed out, a net change of -16 holders.
- The largest Innovative Industrial Properties buyer in Q2 2023 was State Street, an estimated $8.19M added.
- The largest Innovative Industrial Properties seller in Q2 2023 was Zimmer Partners, an estimated $45M sold.
Based on aggregated 13F filings for Q2 2023.