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Innovative Industrial Properties

394 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, 132 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more repeat investments, than reductions

Existing positions increased: 158 | Existing positions reduced: 132

2% more call options, than puts

Call options by funds: $152M | Put options by funds: $149M

1% more capital invested

Capital invested by funds: $3.31B → $3.36B (+$49M)

0% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 56

1% less funds holding

Funds holding: 397394 (-3)

3.45% less ownership

Funds ownership: 81.43%77.98% (-3.5%)

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

Holders
394
Holders Change
-3
Holders Change %
-0.76%
% of All Funds
6.92%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.09%
New
56
Increased
158
Reduced
132
Closed
56
Calls
$152M
Puts
$149M
Net Calls
+$2.78M
Net Calls Change
+$58.5M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$765M +$84.5M +441,031 +12%
Vanguard Group
2
Vanguard Group
Pennsylvania
$665M +$58M +302,500 +9%
State Street
3
State Street
Massachusetts
$211M +$22.2M +115,709 +11%
ZP
4
Zimmer Partners
New York
$162M
AI
5
AdvisorShares Investments
Maryland
$84.2M +$68M +354,551 +315%
American Century Companies
6
American Century Companies
Missouri
$68.5M +$34.2M +178,564 +89%
Northern Trust
7
Northern Trust
Illinois
$66.9M +$1.85M +9,630 +3%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$49.8M +$2.66M +13,865 +5%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$48.8M -$9.8M -51,127 -16%
CCM
10
Copeland Capital Management
Pennsylvania
$47.9M -$990K -5,162 -2%
Charles Schwab
11
Charles Schwab
California
$47.4M +$5.21M +27,194 +12%
Mirae Asset Global Investments
12
Mirae Asset Global Investments
South Korea
$42.2M -$1.93M -10,065 -4%
Norges Bank
13
Norges Bank
Norway
$39.5M +$36.9M +192,434 +722%
TCM
14
TimesSquare Capital Management
New York
$37.8M -$23.5M -122,560 -37%
Legal & General Group
15
Legal & General Group
United Kingdom
$37.2M +$4.1M +21,409 +12%
JP Morgan Chase
16
JP Morgan Chase
New York
$34.9M +$17M +88,839 +85%
AACA
17
American Assets Capital Advisers
California
$34.8M
N
18
Nuveen
North Carolina
$34.7M +$15.6M +81,300 +73%
Morgan Stanley
19
Morgan Stanley
New York
$32.9M -$7.25M -37,844 -17%
Principal Financial Group
20
Principal Financial Group
Iowa
$30.2M +$2.35M +12,270 +8%
Ameriprise
21
Ameriprise
Minnesota
$27.5M -$594K -3,099 -2%
T. Rowe Price Associates
22
T. Rowe Price Associates
Maryland
$26M +$2.91M +15,204 +12%
HRCM
23
Hood River Capital Management
Florida
$23.6M -$29.3M -153,006 -54%
Susquehanna International Group
24
Susquehanna International Group
Pennsylvania
$19.1M +$4.03M +20,999 +25%
UBS AM
25
UBS AM
Illinois
$17.6M -$2.65M -13,847 -12%

IIPR Hedge Fund Activity: Q1 2021 in Review

394 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q1 2021, worth a combined $3.36B — up 1.5% from $3.31B a quarter earlier.

Fund positioning in IIPR was balanced in Q1 2021: 56 funds opened new positions, 56 closed out, 158 added to existing stakes and 132 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.

  • 394 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 1.5% quarter-over-quarter.
  • 56 funds opened new Innovative Industrial Properties positions in Q1 2021 and 56 closed out, a net change of 0 holders.
  • 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.