Innovative Industrial Properties
IIPR
349 hedge funds and large institutions have $1.57B invested in Innovative Industrial Properties in 2023 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 123 increasing their positions, 115 reducing their positions, and 57 closing their positions.
12% more call options, than puts
Call options by funds: $49.5M | Put options by funds: $44.2M
7% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 115
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.76% less ownership
Funds ownership: 75.87% → 74.1% (-1.8%)
4% less funds holding
Funds holding: 363 → 349 (-14)
19% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 57
23% less capital inflows, than outflows
Capital inflows: $135M | Capital outflows: $176M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$18.7M |
| 2 |
ETF Managers Group
Summit,
New Jersey
|
+$10.4M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$6.22M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
+$5.97M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
-$50.1M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$39.3M |
| 3 |
AACA
American Assets Capital Advisers
San Diego,
California
|
-$6.74M |
| 4 |
Morgan Stanley
New York
|
-$5.48M |
| 5 |
Millennium Management
New York
|
-$5.21M |
IIPR Hedge Fund Activity: Q1 2023 in Review
349 of the 6,288 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q1 2023, worth a combined $1.57B — down 27% from $2.15B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of IIPR and 46 opened new positions — a net loss of 11 holders — while 115 trimmed existing stakes and 123 added.
The largest buyer was Citadel Advisors, adding an estimated $18.7M. The largest seller was Zimmer Partners, cutting an estimated $50.1M.
- 349 institutional investors held Innovative Industrial Properties (IIPR) as of Q1 2023, down from 363 in Q4 2022.
- Funds reported $1.57B of Innovative Industrial Properties stock for Q1 2023, down 27% quarter-over-quarter.
- 46 funds opened new Innovative Industrial Properties positions in Q1 2023 and 57 closed out, a net change of -11 holders.
- The largest Innovative Industrial Properties buyer in Q1 2023 was Citadel Advisors, an estimated $18.7M added.
- The largest Innovative Industrial Properties seller in Q1 2023 was Zimmer Partners, an estimated $50.1M sold.
Based on aggregated 13F filings for Q1 2023.