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Innovative Industrial Properties

397 hedge funds and large institutions have $3.31B invested in Innovative Industrial Properties in 2020 Q4 according to their latest regulatory filings, with 104 funds opening new positions, 160 increasing their positions, 90 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

316% more first-time investments, than exits

New positions opened: 104 | Existing positions closed: 25

78% more repeat investments, than reductions

Existing positions increased: 160 | Existing positions reduced: 90

61% more capital invested

Capital invested by funds: $2.05B → $3.31B (+$1.26B)

40% more funds holding in top 10

Funds holding in top 10: 57 (+2)

24% more funds holding

Funds holding: 321397 (+76)

4.68% more ownership

Funds ownership: 76.75%81.43% (+4.7%)

33% less call options, than puts

Call options by funds: $113M | Put options by funds: $169M

Holders
397
Holders Change
+76
Holders Change %
+23.68%
% of All Funds
7.03%
Holding in Top 10
7
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+40%
% of All Funds
0.12%
New
104
Increased
160
Reduced
90
Closed
25
Calls
$113M
Puts
$169M
Net Calls
-$55.7M
Net Calls Change
-$30.7M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$697M +$36.8M +245,786 +7%
Vanguard Group
2
Vanguard Group
Pennsylvania
$620M +$78.3M +523,040 +18%
State Street
3
State Street
Massachusetts
$193M +$5.51M +36,778 +4%
ZP
4
Zimmer Partners
New York
$165M
Northern Trust
5
Northern Trust
Illinois
$66.2M +$316K +2,112 +0.6%
TCM
6
TimesSquare Capital Management
New York
$60.9M -$11.7M -77,860 -19%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$59M -$2.06M -13,785 -4%
HRCM
8
Hood River Capital Management
Florida
$52.1M -$1.21M -8,110 -3%
CCM
9
Copeland Capital Management
Pennsylvania
$49.6M +$2.7M +18,022 +7%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$48.1M -$324K -2,166 -0.8%
Mirae Asset Global Investments
11
Mirae Asset Global Investments
South Korea
$44.7M -$1.08M -7,217 -3%
Charles Schwab
12
Charles Schwab
California
$43.2M +$564K +3,770 +2%
Morgan Stanley
13
Morgan Stanley
New York
$40.3M -$18.4M -122,624 -36%
American Century Companies
14
American Century Companies
Missouri
$36.9M +$22.5M +150,623 +296%
AACA
15
American Assets Capital Advisers
California
$36M -$5.82M -38,866 -17%
Legal & General Group
16
Legal & General Group
United Kingdom
$33.9M +$1.42M +9,459 +5%
Lord, Abbett & Co
17
Lord, Abbett & Co
New Jersey
$31M +$25.3M +169,255 New
CCM
18
CAAS Capital Management
New York
$29.4M +$24M +160,339 New
Ameriprise
19
Ameriprise
Minnesota
$28.6M +$1.46M +9,729 +7%
Principal Financial Group
20
Principal Financial Group
Iowa
$28.5M -$299K -1,997 -1%
Arrowstreet Capital
21
Arrowstreet Capital
Massachusetts
$27.7M +$10.6M +70,878 +88%
T. Rowe Price Associates
22
T. Rowe Price Associates
Maryland
$23.6M +$17.7M +118,536 +1,149%
AI
23
AdvisorShares Investments
Maryland
$20.6M +$7.95M +53,095 +89%
UBS AM
24
UBS AM
Illinois
$20.4M +$6.31M +42,157 +61%
N
25
Nuveen
North Carolina
$20.3M +$845K +5,644 +5%

IIPR Hedge Fund Activity: Q4 2020 in Review

397 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q4 2020, worth a combined $3.31B — up 61% from $2.05B a quarter earlier.

Buyers outnumbered sellers: 104 funds opened new IIPR positions and 25 closed out — a net gain of 79 holders — while 160 added to existing stakes and 90 trimmed.

The largest buyer was Vanguard Group, adding an estimated $78.3M. The largest seller was D.E. Shaw & Co, cutting an estimated $35.7M.

  • 397 institutional investors held Innovative Industrial Properties (IIPR) as of Q4 2020, up from 321 in Q3 2020.
  • Funds reported $3.31B of Innovative Industrial Properties stock for Q4 2020, up 61% quarter-over-quarter.
  • 104 funds opened new Innovative Industrial Properties positions in Q4 2020 and 25 closed out, a net change of +79 holders.
  • The largest Innovative Industrial Properties buyer in Q4 2020 was Vanguard Group, an estimated $78.3M added.
  • The largest Innovative Industrial Properties seller in Q4 2020 was D.E. Shaw & Co, an estimated $35.7M sold.

Based on aggregated 13F filings for Q4 2020.