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Innovative Industrial Properties

18 hedge funds and large institutions have $5.87M invested in Innovative Industrial Properties in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 5

14% more capital invested

Capital invested by funds: $5.16M → $5.87M (+$708K)

13% more funds holding

Funds holding: 1618 (+2)

1.27% more ownership

Funds ownership: 8.48%9.75% (+1.3%)

40% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 5

Holders
18
Holders Change
+2
Holders Change %
+12.5%
% of All Funds
0.45%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
3
Reduced
5
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.15M +$2.22M +125,755 New
NC
2
NBW Capital
Massachusetts
$711K -$5.4K -306 -0.7%
LTFS
3
Ladenburg Thalmann Financial Services
Florida
$685K -$3.53K -200 -0.5%
DIA
4
Denver Investment Advisors
Colorado
$608K +$629K +35,650 New
SIM
5
Spark Investment Management
New York
$429K -$161K -9,100 -27%
DMK
6
David M. Knott
$427K
VKH
7
Virtu KCG Holdings
New York
$257K +$265K +15,046 New
JIC
8
Joel Isaacson & Co
New York
$205K
JMPWA
9
JP Morgan Private Wealth Advisors
California
$171K
IA
10
IFP Advisors
Florida
$93K +$13.4K +760 +16%
UBS Group
11
UBS Group
Switzerland
$39K +$40.5K +2,295 New
TRCT
12
Tower Research Capital (TRC)
New York
$25K +$10.1K +573 +64%
MWM
13
MinichMacGregor Wealth Management
New York
$20K +$20.7K +1,175 New
Acadian Asset Management
14
Acadian Asset Management
Massachusetts
$20K +$21.1K +1,195 New
Morgan Stanley
15
Morgan Stanley
New York
$19K -$33.3K -1,890 -63%
NFG
16
Next Financial Group
Texas
$9K +$7.06K +400 +400%
BlackRock
17
BlackRock
New York
$9K +$9.67K +548 New
PGC
18
Pacific Grove Capital
California
-$800K -43,990 Closed
RA
19
Royce & Associates
New York
-$382K -20,976 Closed
Goldman Sachs
20
Goldman Sachs
New York
-$318K -17,500 Closed
NIP
21
Nicholas Investment Partners
California
-$294K -16,204 Closed
Jane Street
22
Jane Street
New York
-$202K -11,111 Closed
AG
23
Advisor Group
Arizona
-$35.3K -2,000 -99%

IIPR Hedge Fund Activity: Q1 2017 in Review

18 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q1 2017, worth a combined $5.87M — up 14% from $5.16M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new IIPR positions and 5 closed out — a net gain of 2 holders — while 3 added to existing stakes and 5 trimmed.

The largest buyer was Vanguard Group, opening a new position worth an estimated $2.22M. The largest seller was Pacific Grove Capital, exiting entirely with an estimated $800K sold.

  • 18 institutional investors held Innovative Industrial Properties (IIPR) as of Q1 2017, up from 16 in Q4 2016.
  • Funds reported $5.87M of Innovative Industrial Properties stock for Q1 2017, up 14% quarter-over-quarter.
  • 7 funds opened new Innovative Industrial Properties positions in Q1 2017 and 5 closed out, a net change of +2 holders.
  • The largest Innovative Industrial Properties buyer in Q1 2017 was Vanguard Group, an estimated $2.22M added.
  • The largest Innovative Industrial Properties seller in Q1 2017 was Pacific Grove Capital, an estimated $800K sold.

Based on aggregated 13F filings for Q1 2017.