Innovative Industrial Properties
IIPR
395 hedge funds and large institutions have $3.36B invested in Innovative Industrial Properties in 2021 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 158 increasing their positions, 133 reducing their positions, and 55 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 133
2% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 55
2% more call options, than puts
Call options by funds: $152M | Put options by funds: $149M
2% more capital invested
Capital invested by funds: $3.31B → $3.36B (+$56.4M)
1% less funds holding
Funds holding: 397 → 395 (-2)
3.44% less ownership
Funds ownership: 81.42% → 77.98% (-3.4%)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$84.5M |
| 2 |
AI
AdvisorShares Investments
Bethesda,
Maryland
|
+$68M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$58M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$36.9M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$34.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$31M |
| 2 |
CCM
CAAS Capital Management
New York
|
-$29.4M |
| 3 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$29.3M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$27.7M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$23.5M |
IIPR Hedge Fund Activity: Q1 2021 in Review
395 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q1 2021, worth a combined $3.36B — up 1.7% from $3.31B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new IIPR positions and 55 closed out — a net gain of 1 holder — while 158 added to existing stakes and 133 trimmed.
The largest buyer was BlackRock, adding an estimated $84.5M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $31M sold.
- 395 institutional investors held Innovative Industrial Properties (IIPR) as of Q1 2021, down from 397 in Q4 2020.
- Funds reported $3.36B of Innovative Industrial Properties stock for Q1 2021, up 1.7% quarter-over-quarter.
- 56 funds opened new Innovative Industrial Properties positions in Q1 2021 and 55 closed out, a net change of +1 holder.
- The largest Innovative Industrial Properties buyer in Q1 2021 was BlackRock, an estimated $84.5M added.
- The largest Innovative Industrial Properties seller in Q1 2021 was Lord, Abbett & Co, an estimated $31M sold.
Based on aggregated 13F filings for Q1 2021.