Innovative Industrial Properties
IIPR
257 hedge funds and large institutions have $992M invested in Innovative Industrial Properties in 2020 Q1 according to their latest regulatory filings, with 60 funds opening new positions, 115 increasing their positions, 49 reducing their positions, and 45 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
135% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 49
50% more capital invested
Capital invested by funds: $659M → $992M (+$333M)
33% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 45
4% more funds holding
Funds holding: 247 → 257 (+10)
3.35% more ownership
Funds ownership: 73.5% → 76.85% (+3.4%)
6% less call options, than puts
Call options by funds: $54.3M | Put options by funds: $57.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
+$71.6M |
| 2 |
BlackRock
New York
|
+$66.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$54.2M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$36.6M |
| 5 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$23.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$10.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$9.71M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$6.04M |
| 4 |
Two Sigma Advisers
New York
|
-$4.46M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$4.1M |
IIPR Hedge Fund Activity: Q1 2020 in Review
257 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q1 2020, worth a combined $992M — up 50% from $659M a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new IIPR positions and 45 closed out — a net gain of 15 holders — while 115 added to existing stakes and 49 trimmed.
The largest buyer was Zimmer Partners, opening a new position worth an estimated $71.6M. The largest seller was Millennium Management, cutting an estimated $10.7M.
- 257 institutional investors held Innovative Industrial Properties (IIPR) as of Q1 2020, up from 247 in Q4 2019.
- Funds reported $992M of Innovative Industrial Properties stock for Q1 2020, up 50% quarter-over-quarter.
- 60 funds opened new Innovative Industrial Properties positions in Q1 2020 and 45 closed out, a net change of +15 holders.
- The largest Innovative Industrial Properties buyer in Q1 2020 was Zimmer Partners, an estimated $71.6M added.
- The largest Innovative Industrial Properties seller in Q1 2020 was Millennium Management, an estimated $10.7M sold.
Based on aggregated 13F filings for Q1 2020.