Innovative Industrial Properties
IIPR
301 hedge funds and large institutions have $1.01B invested in Innovative Industrial Properties in 2026 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 108 increasing their positions, 87 reducing their positions, and 31 closing their positions.
443% more capital inflows, than outflows
Capital inflows: $300M | Capital outflows: $55.3M
32% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 31
24% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 87
2% more funds holding
Funds holding: 294 → 301 (+7)
1.73% more ownership
Funds ownership: 69.27% → 71.01% (+1.7%)
50% less call options, than puts
Call options by funds: $22.7M | Put options by funds: $45.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$26.4M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$14.1M |
| 3 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
+$9.8M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$2.71M |
| 5 |
BlackRock
New York
|
+$2.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$10.6M |
| 2 |
D.E. Shaw & Co
New York
|
-$5.57M |
| 3 |
Edgestream Partners
Princeton,
New Jersey
|
-$4.82M |
| 4 |
Morgan Stanley
New York
|
-$2.64M |
| 5 |
Wedge Capital Management
Charlotte,
North Carolina
|
-$2.04M |
IIPR Hedge Fund Activity: Q1 2026 in Review
301 of the 8,212 institutional investors tracked by Wall St. Rank reported a position in Innovative Industrial Properties (IIPR) for Q1 2026, worth a combined $1.01B — up 9% from $923M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new IIPR positions and 31 closed out — a net gain of 10 holders — while 108 added to existing stakes and 87 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $26.4M. The largest seller was Millennium Management, cutting an estimated $10.6M.
- 301 institutional investors held Innovative Industrial Properties (IIPR) as of Q1 2026, up from 294 in Q4 2025.
- Funds reported $1.01B of Innovative Industrial Properties stock for Q1 2026, up 9% quarter-over-quarter.
- 41 funds opened new Innovative Industrial Properties positions in Q1 2026 and 31 closed out, a net change of +10 holders.
- The largest Innovative Industrial Properties buyer in Q1 2026 was Arrowstreet Capital, an estimated $26.4M added.
- The largest Innovative Industrial Properties seller in Q1 2026 was Millennium Management, an estimated $10.6M sold.
Based on aggregated 13F filings for Q1 2026.