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Innovative Industrial Properties

280 hedge funds and large institutions have $1.43B invested in Innovative Industrial Properties in 2020 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 126 increasing their positions, 49 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

157% more repeat investments, than reductions

Existing positions increased: 126 | Existing positions reduced: 49

64% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 39

50% more funds holding in top 10

Funds holding in top 10: 46 (+2)

44% more capital invested

Capital invested by funds: $992M → $1.43B (+$438M)

10.38% more ownership

Funds ownership: 76.85%87.24% (+10%)

9% more funds holding

Funds holding: 257280 (+23)

39% less call options, than puts

Call options by funds: $31.5M | Put options by funds: $51.9M

Holders
280
Holders Change
+23
Holders Change %
+8.95%
% of All Funds
5.74%
Holding in Top 10
6
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+50%
% of All Funds
0.12%
New
64
Increased
126
Reduced
49
Closed
39
Calls
$31.5M
Puts
$51.9M
Net Calls
-$20.4M
Net Calls Change
-$16.9M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$263M +$19.1M +234,758 +9%
Vanguard Group
2
Vanguard Group
Pennsylvania
$190M +$16.5M +202,905 +10%
State Street
3
State Street
Massachusetts
$79.6M +$15.8M +194,402 +28%
ZP
4
Zimmer Partners
New York
$79.2M +$4.27M +52,500 +6%
TCM
5
TimesSquare Capital Management
New York
$51.1M -$368K -4,520 -0.8%
CS
6
Credit Suisse
Switzerland
$46.4M +$40.4M +496,746 +1,659%
Bank of Montreal
7
Bank of Montreal
Ontario, Canada
$42M +$2.21M +27,166 +6%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$31.9M +$13M +159,664 +79%
WMSA
9
Weiss Multi-Strategy Advisers
New York
$30.2M -$8.69M -106,755 -24%
Morgan Stanley
10
Morgan Stanley
New York
$30.2M +$7.35M +90,276 +36%
HRCM
11
Hood River Capital Management
Florida
$28.3M +$3.76M +46,253 +17%
Point72 Asset Management
12
Point72 Asset Management
Connecticut
$23.8M +$18.7M +229,419 +560%
AACA
13
American Assets Capital Advisers
California
$23.1M +$1.32M +16,245 +7%
Mirae Asset Global Investments
14
Mirae Asset Global Investments
South Korea
$21.8M +$3.12M +38,355 +18%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$20.5M +$3.26M +40,068 +21%
Northern Trust
16
Northern Trust
Illinois
$19.9M -$3.55M -43,577 -16%
Charles Schwab
17
Charles Schwab
California
$17.4M +$7.44M +91,470 +86%
Millennium Management
18
Millennium Management
New York
$16.3M +$13.9M +171,190 +1,216%
Balyasny Asset Management
19
Balyasny Asset Management
Illinois
$15.7M +$14.5M +178,446 New
CH
20
CVI Holdings
Delaware
$12.4M +$11.5M +140,885 New
Principal Financial Group
21
Principal Financial Group
Iowa
$12.3M +$799K +9,822 +8%
Legal & General Group
22
Legal & General Group
United Kingdom
$11.8M +$1.43M +17,538 +15%
DKCM
23
Davidson Kempner Capital Management
New York
$11M +$10.2M +125,000 New
Ameriprise
24
Ameriprise
Minnesota
$10.6M +$1.56M +19,220 +18%
GIM
25
Granahan Investment Management
Massachusetts
$10.4M -$4.71M -57,929 -33%

IIPR Hedge Fund Activity: Q2 2020 in Review

280 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q2 2020, worth a combined $1.43B — up 44% from $992M a quarter earlier.

Buyers outnumbered sellers: 64 funds opened new IIPR positions and 39 closed out — a net gain of 25 holders — while 126 added to existing stakes and 49 trimmed.

The largest buyer was Credit Suisse, adding an estimated $40.4M. The largest seller was Capital Growth Management, cutting an estimated $16.7M.

  • 280 institutional investors held Innovative Industrial Properties (IIPR) as of Q2 2020, up from 257 in Q1 2020.
  • Funds reported $1.43B of Innovative Industrial Properties stock for Q2 2020, up 44% quarter-over-quarter.
  • 64 funds opened new Innovative Industrial Properties positions in Q2 2020 and 39 closed out, a net change of +25 holders.
  • The largest Innovative Industrial Properties buyer in Q2 2020 was Credit Suisse, an estimated $40.4M added.
  • The largest Innovative Industrial Properties seller in Q2 2020 was Capital Growth Management, an estimated $16.7M sold.

Based on aggregated 13F filings for Q2 2020.