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Innovative Industrial Properties

359 hedge funds and large institutions have $1.33B invested in Innovative Industrial Properties in 2024 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 120 increasing their positions, 106 reducing their positions, and 111 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more repeat investments, than reductions

Existing positions increased: 120 | Existing positions reduced: 106

0.59% more ownership

Funds ownership: 70.15%70.74% (+0.59%)

5% less call options, than puts

Call options by funds: $26.3M | Put options by funds: $27.6M

13% less funds holding

Funds holding: 415359 (-56)

46% less first-time investments, than exits

New positions opened: 60 | Existing positions closed: 111

50% less capital invested

Capital invested by funds: $2.68B → $1.33B (-$1.34B)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
359
Holders Change
-56
Holders Change %
-13.49%
% of All Funds
4.73%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
60
Increased
120
Reduced
106
Closed
111
Calls
$26.3M
Puts
$27.6M
Net Calls
-$1.3M
Net Calls Change
-$24.5M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$337M +$3.54M +31,455 +0.6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$295M +$7.3M +64,908 +1%
State Street
3
State Street
Massachusetts
$115M +$5.3M +47,104 +3%
Pacer Advisors
4
Pacer Advisors
Pennsylvania
$42M +$70.9M +630,340 New
Charles Schwab
5
Charles Schwab
California
$31M +$808K +7,179 +2%
Northern Trust
6
Northern Trust
Illinois
$29M +$8.37M +74,342 +21%
Morgan Stanley
7
Morgan Stanley
New York
$28.8M +$6.9M +61,314 +17%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$25.2M +$8.73M +77,552 +26%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$22.8M +$818K +7,272 +2%
Norges Bank
10
Norges Bank
Norway
$22.6M +$426K +3,781 +1%
Invesco
11
Invesco
Georgia
$18.5M +$4.37M +38,832 +16%
Goldman Sachs
12
Goldman Sachs
New York
$13.2M +$5.51M +48,947 +33%
Legal & General Group
13
Legal & General Group
United Kingdom
$12.9M -$1.56M -13,881 -7%
JAM
14
Jupiter Asset Management
United Kingdom
$11.8M +$2.2M +19,546 +12%
Principal Financial Group
15
Principal Financial Group
Iowa
$10.1M +$662K +5,881 +4%
Balyasny Asset Management
16
Balyasny Asset Management
Illinois
$9.62M +$16.2M +144,288 New
TI
17
Tidal Investments
Wisconsin
$9M -$5.39M -47,883 -26%
JP Morgan Chase
18
JP Morgan Chase
New York
$8.96M -$11.6M -102,760 -43%
LSV Asset Management
19
LSV Asset Management
Illinois
$8.03M -$1.83M -16,300 -12%
D.E. Shaw & Co
20
D.E. Shaw & Co
New York
$7.52M +$9.38M +83,366 +283%
CI
21
Cambiar Investors
Colorado
$7.22M +$9.59M +85,244 +370%
N
22
Nuveen
North Carolina
$6.71M +$127K +1,132 +1%
Voloridge Investment Management
23
Voloridge Investment Management
Florida
$6.5M +$10.6M +93,991 +2,683%
RhumbLine Advisers
24
RhumbLine Advisers
Massachusetts
$6.28M -$72K -640 -0.7%
First Trust Advisors
25
First Trust Advisors
Illinois
$6.14M +$507K +4,503 +5%

IIPR Hedge Fund Activity: Q4 2024 in Review

359 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q4 2024, worth a combined $1.33B — down 50% from $2.68B a quarter earlier.

Sellers outnumbered buyers: 111 funds closed out of IIPR and 60 opened new positions — a net loss of 51 holders — while 106 trimmed existing stakes and 120 added.

The largest buyer was Pacer Advisors, opening a new position worth an estimated $70.9M. The largest seller was Wellington Management Group, exiting entirely with an estimated $76.5M sold.

  • 359 institutional investors held Innovative Industrial Properties (IIPR) as of Q4 2024, down from 415 in Q3 2024.
  • Funds reported $1.33B of Innovative Industrial Properties stock for Q4 2024, down 50% quarter-over-quarter.
  • 60 funds opened new Innovative Industrial Properties positions in Q4 2024 and 111 closed out, a net change of -51 holders.
  • The largest Innovative Industrial Properties buyer in Q4 2024 was Pacer Advisors, an estimated $70.9M added.
  • The largest Innovative Industrial Properties seller in Q4 2024 was Wellington Management Group, an estimated $76.5M sold.

Based on aggregated 13F filings for Q4 2024.