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Innovative Industrial Properties

247 hedge funds and large institutions have $659M invested in Innovative Industrial Properties in 2019 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 92 increasing their positions, 70 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

66% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 32

31% more repeat investments, than reductions

Existing positions increased: 92 | Existing positions reduced: 70

6% more funds holding

Funds holding: 233247 (+14)

1.24% more ownership

Funds ownership: 72.26%73.5% (+1.2%)

12% less capital invested

Capital invested by funds: $751M → $659M (-$91.9M)

32% less call options, than puts

Call options by funds: $53.5M | Put options by funds: $78.6M

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
247
Holders Change
+14
Holders Change %
+6.01%
% of All Funds
4.87%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
53
Increased
92
Reduced
70
Closed
32
Calls
$53.5M
Puts
$78.6M
Net Calls
-$25.2M
Net Calls Change
+$4.87M
Name Holding Trade Value Shares
Change
Change in
Stake
TIA
151
Tiemann Investment Advisors
California
$253K -$15.5K -200 -6%
PFGIA
152
Patriot Financial Group Insurance Agency
Massachusetts
$253K +$17.4K +224 +7%
ACM
153
Anfield Capital Management
California
$253K +$253K +3,264 New
Royal Bank of Canada
154
Royal Bank of Canada
Ontario, Canada
$244K -$106K -1,372 -30%
OAM
155
Orinda Asset Management
California
$243K +$248K +3,200 New
AC
156
Aristides Capital
Kentucky
$243K +$248K +3,201 New
GAM
157
Gotham Asset Management
New York
$241K +$246K +3,171 New
LIA
158
LS Investment Advisors
Michigan
$237K +$64.9K +837 +37%
NF
159
Nikulski Financial
Iowa
$235K -$61.2K -789 -24%
Envestnet Asset Management
160
Envestnet Asset Management
Illinois
$230K +$13.7K +176 +6%
DAS
161
Dynamic Advisor Solutions
Arizona
$230K +$61.4K +792 +35%
Macquarie Group
162
Macquarie Group
Australia
$228K -$140K -1,800 -38%
TRSOTSOK
163
Teachers Retirement System of the State of Kentucky
Kentucky
$228K
G
164
Gainplan
Michigan
$228K +$233K +3,000 New
BNP Paribas Financial Markets
165
BNP Paribas Financial Markets
France
$223K +$97.8K +1,261 +75%
SWM
166
SeaCrest Wealth Management
New York
$216K -$27.4K -353 -11%
BAM
167
Belpointe Asset Management
Nevada
$216K +$77.3K +997 +54%
OC
168
Oppenheimer & Co
New York
$212K -$110K -1,421 -34%
OIA
169
Optimum Investment Advisors
Illinois
$212K +$31K +400 +17%
DTL
170
Dynamic Technology Lab
Singapore
$206K +$211K +2,717 New
RIA
171
Realta Investment Advisors
Delaware
$204K +$204K +2,631 New
Zurich Cantonal Bank
172
Zurich Cantonal Bank
Switzerland
$188K -$34.4K -443 -15%
Mitsubishi UFJ Asset Management
173
Mitsubishi UFJ Asset Management
Japan
$182K +$18.1K +233 +11%
VI
174
Vestcor Inc
New Brunswick, Canada
$164K +$168K +2,160 New
Daiwa Securities Group
175
Daiwa Securities Group
Japan
$152K -$7.76K -100 -5%

IIPR Hedge Fund Activity: Q4 2019 in Review

247 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q4 2019, worth a combined $659M — down 12% from $751M a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new IIPR positions and 32 closed out — a net gain of 21 holders — while 92 added to existing stakes and 70 trimmed.

The largest buyer was TimesSquare Capital Management, adding an estimated $22.3M. The largest seller was Capital Growth Management, exiting entirely with an estimated $32.8M sold.

  • 247 institutional investors held Innovative Industrial Properties (IIPR) as of Q4 2019, up from 233 in Q3 2019.
  • Funds reported $659M of Innovative Industrial Properties stock for Q4 2019, down 12% quarter-over-quarter.
  • 53 funds opened new Innovative Industrial Properties positions in Q4 2019 and 32 closed out, a net change of +21 holders.
  • The largest Innovative Industrial Properties buyer in Q4 2019 was TimesSquare Capital Management, an estimated $22.3M added.
  • The largest Innovative Industrial Properties seller in Q4 2019 was Capital Growth Management, an estimated $32.8M sold.

Based on aggregated 13F filings for Q4 2019.