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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
BlackRock
1
BlackRock
New York
$170M +$44.6M +423,461 +30%
Vanguard Group
2
Vanguard Group
Pennsylvania
$119M +$11.9M +112,740 +10%
State Street
3
State Street
Massachusetts
$40.6M +$16.3M +154,879 +55%
CGM
4
Capital Growth Management
Massachusetts
$32.8M +$37.4M +355,000 New
HRCM
5
Hood River Capital Management
Florida
$26.8M +$7.1M +67,402 +30%
TCM
6
TimesSquare Capital Management
New York
$25.1M +$19.3M +182,985 +206%
Mirae Asset Global Investments
7
Mirae Asset Global Investments
South Korea
$18.3M +$6.4M +60,754 +44%
Northern Trust
8
Northern Trust
Illinois
$16.5M +$5.47M +51,918 +41%
Morgan Stanley
9
Morgan Stanley
New York
$13.2M +$766K +7,270 +5%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$12.6M +$1.09M +10,304 +8%
KCM
11
Kennedy Capital Management
Missouri
$12.2M +$10.4M +98,575 +296%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$11.8M +$1.04M +9,909 +8%
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$9.35M +$9.81M +93,059 +1,143%
Principal Financial Group
14
Principal Financial Group
Iowa
$8.25M +$1.12M +10,648 +14%
Ameriprise
15
Ameriprise
Minnesota
$7.93M +$1.79M +17,010 +25%
AACA
16
American Assets Capital Advisers
California
$7.76M +$8.86M +84,048 New
EMFAT
17
Emerald Mutual Fund Advisers Trust
Pennsylvania
$6.91M
EIM
18
Essex Investment Management
Massachusetts
$6.72M -$7.03M -66,725 -48%
GIM
19
Granahan Investment Management
Massachusetts
$6.59M +$98.3K +933 +1%
Legal & General Group
20
Legal & General Group
United Kingdom
$6.26M +$4.72M +44,799 +195%
Charles Schwab
21
Charles Schwab
California
$6.17M +$4.59M +43,560 +187%
Wells Fargo
22
Wells Fargo
California
$6.13M -$1.61M -15,241 -19%
SC
23
Southside Capital
Florida
$6M +$6.85M +65,000 New
Invesco
24
Invesco
Georgia
$5.49M -$3.01M -28,531 -32%
SBIA
25
Sheaff Brock Investment Advisors
Indiana
$5.29M -$9.38K -89 -0.2%

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.