Innovative Industrial Properties
IIPR
321 hedge funds and large institutions have $2.05B invested in Innovative Industrial Properties in 2020 Q3 according to their latest regulatory filings, with 78 funds opening new positions, 144 increasing their positions, 68 reducing their positions, and 36 closing their positions.
117% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 36
112% more repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 68
43% more capital invested
Capital invested by funds: $1.43B → $2.05B (+$618M)
15% more funds holding
Funds holding: 280 → 321 (+41)
10.49% less ownership
Funds ownership: 87.24% → 76.75% (-10%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
31% less call options, than puts
Call options by funds: $55M | Put options by funds: $80M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$79M |
| 2 |
BlackRock
New York
|
+$64.1M |
| 3 |
D.E. Shaw & Co
New York
|
+$22.8M |
| 4 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
+$15.8M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$55.2M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$51.5M |
| 3 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$30.2M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$22.4M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$19M |
IIPR Hedge Fund Activity: Q3 2020 in Review
321 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q3 2020, worth a combined $2.05B — up 43% from $1.43B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new IIPR positions and 36 closed out — a net gain of 42 holders — while 144 added to existing stakes and 68 trimmed.
The largest buyer was Vanguard Group, adding an estimated $79M. The largest seller was Credit Suisse, cutting an estimated $55.2M.
- 321 institutional investors held Innovative Industrial Properties (IIPR) as of Q3 2020, up from 280 in Q2 2020.
- Funds reported $2.05B of Innovative Industrial Properties stock for Q3 2020, up 43% quarter-over-quarter.
- 78 funds opened new Innovative Industrial Properties positions in Q3 2020 and 36 closed out, a net change of +42 holders.
- The largest Innovative Industrial Properties buyer in Q3 2020 was Vanguard Group, an estimated $79M added.
- The largest Innovative Industrial Properties seller in Q3 2020 was Credit Suisse, an estimated $55.2M sold.
Based on aggregated 13F filings for Q3 2020.