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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
Envestnet Asset Management
151
Envestnet Asset Management
Illinois
$263K -$185K -1,755 -38%
CSS
152
Cubist Systematic Strategies
Connecticut
$260K +$163K +1,548 +122%
NF
153
Nikulski Financial
Iowa
$259K +$173K +1,645 +100%
GHCM
154
Glen Harbor Capital Management
California
$258K +$93.2K +884 +46%
WWM
155
Western Wealth Management
Colorado
$243K +$16.3K +155 +6%
QSS
156
Quantitative Systematic Strategies
Florida
$237K +$271K +2,567 New
First Trust Advisors
157
First Trust Advisors
Illinois
$235K +$79.8K +757 +42%
ACI
158
AMP Capital Investors
Australia
$226K +$248K +2,358 New
OIA
159
Optimum Investment Advisors
Illinois
$222K -$73.8K -700 -23%
Mackenzie Financial
160
Mackenzie Financial
Ontario, Canada
$217K -$200K -1,900 -45%
MCIM
161
Meadow Creek Investment Management
Georgia
$212K +$76.7K +728 +46%
LIA
162
LS Investment Advisors
Michigan
$211K
DAS
163
Dynamic Advisor Solutions
Arizona
$207K -$8.32K -79 -3%
HAG
164
HighPoint Advisor Group
Illinois
$205K -$41.8K -397 -14%
VFA
165
Valeo Financial Advisors
Indiana
$204K +$18.9K +179 +9%
Mitsubishi UFJ Asset Management
166
Mitsubishi UFJ Asset Management
Japan
$203K +$33.4K +317 +17%
CIM
167
Cambria Investment Management
California
$202K +$230K +2,187 New
HSBC Holdings
168
HSBC Holdings
United Kingdom
$202K +$230K +2,187 New
Daiwa Securities Group
169
Daiwa Securities Group
Japan
$194K -$1.17M -11,100 -84%
BAM
170
Belpointe Asset Management
Nevada
$170K +$99.1K +940 +104%
EP
171
Elkfork Partners
Oregon
$167K +$60.3K +572 +46%
BNP Paribas Financial Markets
172
BNP Paribas Financial Markets
France
$155K +$63.4K +602 +56%
TAM
173
Tyers Asset Management
Texas
$121K +$43.8K +416 +46%
IWA
174
Intercontinental Wealth Advisors
Texas
$112K
Simplex Trading
175
Simplex Trading
Illinois
$105K -$387K -3,675 -76%

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.