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Innovative Industrial Properties

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.

New
Increased
Maintained
Reduced
Closed

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: 348328 (-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: 20 (-2)

Holders
328
Holders Change
-20
Holders Change %
-5.75%
% of All Funds
5.15%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
40
Increased
116
Reduced
110
Closed
56
Calls
$28.5M
Puts
$43.8M
Net Calls
-$15.3M
Net Calls Change
-$20.6M
Name Holding Trade Value Shares
Change
Change in
Stake
TI
126
Tidal Investments
Wisconsin
$703K +$237K +3,359 +54%
Zurich Cantonal Bank
127
Zurich Cantonal Bank
Switzerland
$703K
RJA
128
Raymond James & Associates
Florida
$690K -$29.1K -413 -4%
AAS
129
Avantax Advisory Services
Texas
$663K +$163K +2,309 +34%
TRSOTSOK
130
Teachers Retirement System of the State of Kentucky
Kentucky
$663K +$34.6K +491 +6%
PDN
131
Pensionfund DSM Netherlands
Netherlands
$642K
Daiwa Securities Group
132
Daiwa Securities Group
Japan
$635K +$10.3K +146 +2%
OPERF
133
Oregon Public Employees Retirement Fund
Oregon
$634K -$21.1K -300 -3%
AT
134
Arden Trust
Delaware
$618K +$596K +8,468 New
First Trust Advisors
135
First Trust Advisors
Illinois
$593K +$84.7K +1,203 +17%
Millennium Management
136
Millennium Management
New York
$590K -$2.88M -40,851 -83%
VI
137
Versor Investments
New York
$587K +$207K +2,939 +58%
State Board of Administration of Florida Retirement System
138
State Board of Administration of Florida Retirement System
Florida
$579K +$30.3K +430 +6%
CF
139
Centaurus Financial
California
$579K +$197K +2,803 +55%
ASRS
140
Arizona State Retirement System
Arizona
$574K -$16.9K -240 -3%
ASN
141
Advisory Services Network
Georgia
$572K +$77.3K +1,098 +16%
MYAM
142
Meiji Yasuda Asset Management
Japan
$571K
UM
143
UniSuper Management
Australia
$569K +$549K +7,800 New
GKWIM
144
Gerber Kawasaki Wealth & Investment Management
California
$568K -$1.49M -21,201 -73%
PAMS
145
Pictet Asset Management (Switzerland)
Switzerland
$562K -$54K -766 -9%
CIBC World Market
146
CIBC World Market
Ontario, Canada
$547K +$131K +1,855 +33%
Two Sigma Advisers
147
Two Sigma Advisers
New York
$540K +$521K +7,400 New
BRWA
148
B. Riley Wealth Advisors
Florida
$534K -$66.1K -939 -11%
MAM
149
Montchanin Asset Management
Delaware
$526K -$19.4K -275 -4%
CIM
150
Cambria Investment Management
California
$521K -$14.4K -204 -3%

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.