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Innovative Industrial Properties

233 hedge funds and large institutions have $751M invested in Innovative Industrial Properties in 2019 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 107 increasing their positions, 51 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

110% more repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 51

21% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 38

7.09% more ownership

Funds ownership: 65.17%72.26% (+7.1%)

3% more funds holding

Funds holding: 227233 (+6)

4% less capital invested

Capital invested by funds: $785M → $751M (-$33.5M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

36% less call options, than puts

Call options by funds: $54.1M | Put options by funds: $84.2M

Holders
233
Holders Change
+6
Holders Change %
+2.64%
% of All Funds
5.11%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
46
Increased
107
Reduced
51
Closed
38
Calls
$54.1M
Puts
$84.2M
Net Calls
-$30M
Net Calls Change
-$21.3M
Name Holding Trade Value Shares
Change
Change in
Stake
LSERS
126
Louisiana State Employees Retirement System
Louisiana
$388K +$52.7K +500 +14%
VOYA Investment Management
127
VOYA Investment Management
Georgia
$382K +$31.7K +301 +8%
Geode Capital Management
128
Geode Capital Management
Massachusetts
$373K +$93.2K +884 +28%
MLICM
129
Metropolitan Life Insurance Company (MetLife)
New York
$368K +$32.9K +312 +9%
JMPWA
130
JP Morgan Private Wealth Advisors
California
$367K +$418K +3,970 New
MSA
131
Mason Street Advisors
Wisconsin
$355K +$59.5K +565 +17%
COPPSERS
132
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$354K +$50.2K +476 +14%
Capital Fund Management (CFM)
133
Capital Fund Management (CFM)
France
$342K +$390K +3,700 New
PP
134
PagnatoKarp Partners
Virginia
$339K +$1.69K +16 +0.4%
BTS
135
BB&T Securities
Virginia
$336K -$193K -1,832 -33%
FHA
136
Flagship Harbor Advisors
Massachusetts
$336K +$16.8K +159 +5%
TIA
137
Tiemann Investment Advisors
California
$327K -$12.6K -120 -3%
Nisa Investment Advisors
138
Nisa Investment Advisors
Missouri
$327K +$49.9K +474 +15%
VHAM
139
Van Hulzen Asset Management
California
$323K -$10.5K -100 -3%
MERSOM
140
Municipal Employees' Retirement System of Michigan
Michigan
$309K +$46.4K +440 +15%
VF
141
Virtu Financial
New York
$308K +$351K +3,334 New
DCM
142
Dupont Capital Management
Delaware
$306K +$349K +3,313 New
PHK
143
Point72 Hong Kong
Hong Kong
$300K +$206K +1,957 +151%
SWM
144
SeaCrest Wealth Management
New York
$295K +$16.1K +153 +5%
PFGIA
145
Patriot Financial Group Insurance Agency
Massachusetts
$288K +$37.9K +360 +13%
GC
146
Guggenheim Capital
Illinois
$281K -$79.3K -753 -20%
WCM
147
Weld Capital Management
New York
$280K -$156K -1,480 -33%
TRSOTSOK
148
Teachers Retirement System of the State of Kentucky
Kentucky
$277K
Zurich Cantonal Bank
149
Zurich Cantonal Bank
Switzerland
$270K +$227K +2,152 +278%
PP
150
Paloma Partners
Connecticut
$264K -$412K -3,911 -58%

IIPR Hedge Fund Activity: Q3 2019 in Review

233 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q3 2019, worth a combined $751M — down 4.3% from $785M a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new IIPR positions and 38 closed out — a net gain of 8 holders — while 107 added to existing stakes and 51 trimmed.

The largest buyer was BlackRock, adding an estimated $44.6M. The largest seller was ETF Managers Group, exiting entirely with an estimated $32.8M sold.

  • 233 institutional investors held Innovative Industrial Properties (IIPR) as of Q3 2019, up from 227 in Q2 2019.
  • Funds reported $751M of Innovative Industrial Properties stock for Q3 2019, down 4.3% quarter-over-quarter.
  • 46 funds opened new Innovative Industrial Properties positions in Q3 2019 and 38 closed out, a net change of +8 holders.
  • The largest Innovative Industrial Properties buyer in Q3 2019 was BlackRock, an estimated $44.6M added.
  • The largest Innovative Industrial Properties seller in Q3 2019 was ETF Managers Group, an estimated $32.8M sold.

Based on aggregated 13F filings for Q3 2019.