Innovative Industrial Properties
IIPR
430 hedge funds and large institutions have $4.27B invested in Innovative Industrial Properties in 2021 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 139 increasing their positions, 143 reducing their positions, and 26 closing their positions.
108% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 26
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
23% more capital invested
Capital invested by funds: $3.48B → $4.27B (+$786M)
12% more call options, than puts
Call options by funds: $163M | Put options by funds: $146M
6% more funds holding
Funds holding: 407 → 430 (+23)
1.04% more ownership
Funds ownership: 76.03% → 77.07% (+1%)
3% less repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 143
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$52.7M |
| 2 |
D.E. Shaw & Co
New York
|
+$30.3M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$16.9M |
| 4 |
SO
STRS Ohio
Columbus,
Ohio
|
+$9.38M |
| 5 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$8.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$28.8M |
| 2 |
BlackRock
New York
|
-$25.8M |
| 3 |
UBS AM
Chicago,
Illinois
|
-$13M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$9.7M |
| 5 |
JP Morgan Chase
New York
|
-$6.2M |
IIPR Hedge Fund Activity: Q3 2021 in Review
430 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q3 2021, worth a combined $4.27B — up 23% from $3.48B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new IIPR positions and 26 closed out — a net gain of 28 holders — while 139 added to existing stakes and 143 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $52.7M. The largest seller was TimesSquare Capital Management, exiting entirely with an estimated $28.8M sold.
- 430 institutional investors held Innovative Industrial Properties (IIPR) as of Q3 2021, up from 407 in Q2 2021.
- Funds reported $4.27B of Innovative Industrial Properties stock for Q3 2021, up 23% quarter-over-quarter.
- 54 funds opened new Innovative Industrial Properties positions in Q3 2021 and 26 closed out, a net change of +28 holders.
- The largest Innovative Industrial Properties buyer in Q3 2021 was Massachusetts Financial Services, an estimated $52.7M added.
- The largest Innovative Industrial Properties seller in Q3 2021 was TimesSquare Capital Management, an estimated $28.8M sold.
Based on aggregated 13F filings for Q3 2021.