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Innovative Industrial Properties

99 hedge funds and large institutions have $133M invested in Innovative Industrial Properties in 2018 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 30 increasing their positions, 13 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

291% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 11

131% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 13

48% more funds holding

Funds holding: 6799 (+32)

6% more capital invested

Capital invested by funds: $126M → $133M (+$7.61M)

9.4% less ownership

Funds ownership: 50.62%41.21% (-9.4%)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
99
Holders Change
+32
Holders Change %
+47.76%
% of All Funds
2.26%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
43
Increased
30
Reduced
13
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$20.3M +$226K +5,906 +1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$14.5M +$752K +19,665 +7%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$11.3M -$3.96M -103,469 -31%
HVCM
4
HG Vora Capital Management
New York
$9.65M -$30.6M -800,000 -80%
EIM
5
Essex Investment Management
Massachusetts
$6.76M +$3.37M +88,070 +169%
EMFAT
6
Emerald Mutual Fund Advisers Trust
Pennsylvania
$5.83M +$95.2K +2,489 +2%
State Street
7
State Street
Massachusetts
$4.91M +$454K +11,869 +13%
DCM
8
Driehaus Capital Management
Illinois
$4.84M +$3.84M +100,430 New
TCM
9
TimesSquare Capital Management
New York
$4.67M +$3.7M +96,700 New
Lord, Abbett & Co
10
Lord, Abbett & Co
New Jersey
$3.95M +$3.13M +81,937 New
Northern Trust
11
Northern Trust
Illinois
$3.4M +$1.83M +47,965 +212%
Morgan Stanley
12
Morgan Stanley
New York
$3.36M +$401K +10,492 +18%
Renaissance Technologies
13
Renaissance Technologies
New York
$2.73M -$1.93M -50,500 -47%
UIC
14
Uniplan Investment Counsel
Wisconsin
$2.67M +$2.12M +55,419 New
NC
15
NBW Capital
Massachusetts
$2.54M +$702K +18,350 +53%
JP Morgan Chase
16
JP Morgan Chase
New York
$2.33M -$325K -8,501 -15%
1832 Asset Management
17
1832 Asset Management
Ontario, Canada
$1.9M +$1.51M +39,400 New
UBS Group
18
UBS Group
Switzerland
$1.79M +$591K +15,464 +72%
LTFS
19
Ladenburg Thalmann Financial Services
Florida
$1.71M +$530K +13,852 +64%
Russell Investments Group
20
Russell Investments Group
United Kingdom
$1.62M +$1.29M +33,631 New
HCM
21
HGI Capital Management
New York
$1.51M +$1.19M +31,213 New
SBH
22
Segall Bryant & Hamill
Illinois
$1.35M
AQR Capital Management
23
AQR Capital Management
Connecticut
$1.31M +$69.9K +1,827 +7%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$1.09M +$43.8K +1,146 +5%
RA
25
RMR Advisors
Massachusetts
$965K

IIPR Hedge Fund Activity: Q3 2018 in Review

99 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q3 2018, worth a combined $133M — up 6.1% from $126M a quarter earlier.

Buyers outnumbered sellers: 43 funds opened new IIPR positions and 11 closed out — a net gain of 32 holders — while 30 added to existing stakes and 13 trimmed.

The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $3.84M. The largest seller was HG Vora Capital Management, cutting an estimated $30.6M.

  • 99 institutional investors held Innovative Industrial Properties (IIPR) as of Q3 2018, up from 67 in Q2 2018.
  • Funds reported $133M of Innovative Industrial Properties stock for Q3 2018, up 6.1% quarter-over-quarter.
  • 43 funds opened new Innovative Industrial Properties positions in Q3 2018 and 11 closed out, a net change of +32 holders.
  • The largest Innovative Industrial Properties buyer in Q3 2018 was Driehaus Capital Management, an estimated $3.84M added.
  • The largest Innovative Industrial Properties seller in Q3 2018 was HG Vora Capital Management, an estimated $30.6M sold.

Based on aggregated 13F filings for Q3 2018.