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Innovative Industrial Properties Inc

IIPR
Exchange
NYSE
Industry
Real Estate
SEC CIK
0001677576

In the last 90 days, Innovative Industrial Properties Inc insiders filed 1 open-market purchase and 1 sale; 329 institutions reported holding it in 13F filings for Q2 2026, worth $1.30B in total; no superinvestor holds it.

Other share classesIIPR.PA

13F holders, Q4 2025

Institutional positions in Innovative Industrial Properties Inc as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
293
−8 vs. Q3 2025
Shares held
19.4M
+804.4K (+4.3%) vs. Q3 2025
Total value
$922.8M
−$78.2M (−7.8%) vs. Q3 2025
New holders
36
110 more added
Sold out
44
93 more reduced

8 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting IIPR on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 293 institutions
Q1 2021: 395 institutionsQ2 2021: 408 institutionsQ3 2021: 431 institutionsQ4 2021: 458 institutionsQ1 2022: 436 institutionsQ2 2022: 389 institutionsQ3 2022: 338 institutionsQ4 2022: 363 institutionsQ1 2023: 348 institutionsQ2 2023: 329 institutionsQ3 2023: 335 institutionsQ4 2023: 368 institutionsQ1 2024: 376 institutionsQ2 2024: 394 institutionsQ3 2024: 415 institutionsQ4 2024: 359 institutionsQ1 2025: 327 institutionsQ2 2025: 314 institutionsQ3 2025: 309 institutionsQ4 2025: 293 institutionsQ1 2026: 300 institutionsQ2 2026: 329 institutions
Value heldQ4 2025: $922.8M
Q1 2021: $3.36BQ2 2021: $3.48BQ3 2021: $4.27BQ4 2021: $4.84BQ1 2022: $3.88BQ2 2022: $2.31BQ3 2022: $1.83BQ4 2022: $2.15BQ1 2023: $1.57BQ2 2023: $1.41BQ3 2023: $1.46BQ4 2023: $2.00BQ1 2024: $2.05BQ2 2024: $2.15BQ3 2024: $2.68BQ4 2024: $1.33BQ1 2025: $1.06BQ2 2025: $1.07BQ3 2025: $1.00BQ4 2025: $922.8MQ1 2026: $1.01BQ2 2026: $1.30B
Institutions holding IIPR and their total value by quarter
QuarterHoldersValue
Q2 2026329$1.30B
Q1 2026300$1.01B
Q4 2025293$922.8M
Q3 2025309$1.00B
Q2 2025314$1.07B
Q1 2025327$1.06B
Q4 2024359$1.33B
Q3 2024415$2.68B
Q2 2024394$2.15B
Q1 2024376$2.05B
Q4 2023368$2.00B
Q3 2023335$1.46B
Q2 2023329$1.41B
Q1 2023348$1.57B
Q4 2022363$2.15B
Q3 2022338$1.83B
Q2 2022389$2.31B
Q1 2022436$3.88B
Q4 2021458$4.84B
Q3 2021431$4.27B
Q2 2021408$3.48B
Q1 2021395$3.36B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Innovative Industrial Properties Inc; share changes are against Q3 2025.

Institutions holding IIPR in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Amundi16,330$773.4K0.00%+2,152+15.2%Added
Brookwood Investment Group LLC16,385$776.0K0.09%+16,385New
MetLife Investment Management16,421$777.7K0.00%−1,011−5.8%Reduced
Intech Investment Management LLC16,627$787.5K0.01%−11,610−41.1%Reduced
Bank of America Corp16,693$790.6K0.00%+3,501+26.5%Added
Omers Administration Corp16,700$790.9K0.01%00.0%Unchanged
Jane Street Group, LLC18,601$880.9K0.00%−9,397−33.6%Reduced
Nisa Investment Advisors, LLC18,417$909.4K0.00%−16,285−46.9%Reduced
Nomura Asset Management International Inc.20,071$951.0K0.00%+20,071New
American Century Companies Inc20,121$952.9K0.00%+6,843+51.5%Added
Susquehanna International Group, LLP20,275$960.2K0.00%+12,335+155.4%Added
TrueMark Investments, LLC20,743$982.4K0.19%+20,743New
Summit Global Investments21,349$1.01M0.06%−633−2.9%Reduced
Cetera Investment Advisers22,126$1.05M0.00%−3,157−12.5%Reduced
Manufacturers Life Insurance Company, The22,146$1.05M0.00%−791−3.4%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.21,410$1.06M0.00%00.0%Unchanged
Penserra Capital Management LLC23,780$1.13M0.01%+4,669+24.4%Added
Commonwealth Equity Services, LLC24,013$1.14M0.00%+547+2.3%Added
SG Americas Securities, LLC24,928$1.18M0.00%+13,079+110.4%Added
Marshall Wace, LLP25,431$1.20M0.00%+25,431New
Sunbelt Securities, Inc.25,760$1.22M0.08%+5,245+25.6%Added
California State Teachers Retirement System26,129$1.24M0.00%−24−0.1%Reduced
Allianz Asset Management GmbH26,674$1.26M0.00%−187−0.7%Reduced
Dark Forest Capital Management LP26,679$1.26M0.06%+19,913+294.3%Added
Mackenzie Financial Corp25,827$1.28M0.00%−321−1.2%Reduced
Capital Fund Management S.A.27,406$1.30M0.01%+1,452+5.6%Added
LPL Financial LLC27,705$1.31M0.00%−5,371−16.2%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH27,954$1.32M0.00%−90.0%Reduced
Price T Rowe Associates Inc29,035$1.38M0.00%−160−0.5%Reduced
State of Alaska, Department of Revenue29,483$1.39M0.01%+398+1.4%Added
Martingale Asset Management L P29,524$1.40M0.04%+6,816+30.0%Added
Deutsche Bank AG30,531$1.45M0.00%+1,316+4.5%Added
Sumitomo Mitsui Trust Holdings, Inc.31,062$1.47M0.00%−457−1.4%Reduced
Wells Fargo & Company31,161$1.48M0.00%+9,851+46.2%Added
Cresset Asset Management, LLC31,320$1.54M0.01%+226+0.7%Added
Balyasny Asset Management LLC32,689$1.55M0.00%−31,675−49.2%Reduced
Exchange Traded Concepts, LLC34,582$1.64M0.01%+5,124+17.4%Added
Macquarie Group Ltd36,036$1.71M0.01%−152−0.4%Reduced
Alliancebernstein L.P.36,551$1.73M0.00%−992−2.6%Reduced
CSM Advisors, LLC36,718$1.74M0.05%+36,718New
Citigroup Inc37,310$1.77M0.00%+6,256+20.1%Added
Public Employees Retirement System of Ohio38,614$1.83M0.01%−1,293−3.2%Reduced
Franklin Resources Inc39,514$1.87M0.00%+12,105+44.2%Added
Asset Management One Co.,Ltd.39,425$1.97M0.01%+368+0.9%Added
New York State Teachers Retirement System41,694$1.98M0.00%−544−1.3%Reduced
Y-Intercept (Hong Kong) Ltd41,873$1.98M0.04%+9,165+28.0%Added
Nomura Asset Management Co Ltd42,320$2.00M0.01%+2,100+5.2%Added
Wedge Capital Management L L P43,022$2.04M0.04%−952−2.2%Reduced
Barclays PLC44,435$2.10M0.00%+4,078+10.1%Added
HSBC Holdings PLC45,089$2.14M0.00%+8,189+22.2%Added
Segall Bryant & Hamill, LLC47,234$2.24M0.03%+38+0.1%Added
Engineers Gate Manager LP49,446$2.34M0.03%+23,996+94.3%Added
Prudential Financial Inc50,337$2.38M0.00%+12,238+32.1%Added
Toroso Investments, LLC52,939$2.51M0.01%−3,970−7.0%Reduced
Swiss National Bank55,300$2.62M0.00%+1,200+2.2%Added
AQR Capital Management LLC56,254$2.66M0.00%−4,023−6.7%Reduced
US Bancorp59,315$2.81M0.00%+2,586+4.6%Added
Bessemer Group Inc63,574$3.01M0.00%+63,407+37,968.3%Added
Ameriprise Financial Inc67,014$3.15M0.00%−4,786−6.7%Reduced
Quinn Opportunity Partners LLC66,500$3.15M0.14%00.0%Unchanged
Great West Life Assurance Co69,727$3.31M0.01%+1,778+2.6%Added
MML Investors Services, LLC71,174$3.37M0.01%+18,635+35.5%Added
TrueWealth Advisors, LLC71,175$3.37M0.87%−1,485−2.0%Reduced
Virginia Retirement Systems Et Al72,550$3.44M0.02%+72,550New
Geode Capital Management, LLC76,932$3.65M0.00%+2,315+3.1%Added
First Trust Advisors LP83,294$3.94M0.00%+12,366+17.4%Added
Rhumbline Advisers84,819$4.02M0.00%−5,059−5.6%Reduced
Victory Capital Management Inc85,039$4.03M0.00%+25,447+42.7%Added
Nuveen, LLC92,361$4.37M0.00%−1,722−1.8%Reduced
Norges Bank94,400$4.47M0.00%+94,400New
Public Sector Pension Investment Board97,106$4.60M0.02%−12,232−11.2%Reduced
LSV Asset Management109,300$5.18M0.01%−1,400−1.3%Reduced
Pacer Advisors, Inc.115,965$5.49M0.01%−29,401−20.2%Reduced
Edgestream Partners, L.P.126,158$5.97M0.17%+72,833+136.6%Added
Thrivent Financial for Lutherans142,325$6.74M0.01%+7,638+5.7%Added
JPMorgan Chase & Co166,226$7.87M0.00%+15,603+10.4%Added
Principal Financial Group Inc184,039$8.72M0.00%+17,248+10.3%Added
Point72 Asset Management, L.P.184,617$8.74M0.01%+129,552+235.3%Added
Legal & General Group Plc193,926$9.18M0.00%+22,926+13.4%Added
Bank of New York Mellon Corp195,040$9.24M0.00%−148,718−43.3%Reduced
AlphaCore Capital LLC214,282$10.1M0.23%+2,875+1.4%Added
Millennium Management LLC250,053$11.8M0.01%+140,826+128.9%Added
Morgan Stanley259,534$12.3M0.00%−53,668−17.1%Reduced
Mirae Asset Global ETFs Holdings Ltd.322,678$15.3M0.02%+18,151+6.0%Added
Dimensional Fund Advisors LP350,367$16.6M0.00%+16,426+4.9%Added
Northern Trust Corp353,313$16.7M0.00%−8,162−2.3%Reduced
D. E. Shaw & Co., Inc.473,046$22.4M0.02%+84,917+21.9%Added
Invesco Ltd.493,507$23.4M0.00%+53,143+12.1%Added
Goldman Sachs Group Inc509,124$24.1M0.00%+105,569+26.2%Added
Charles Schwab Investment Management Inc540,742$25.6M0.00%+23,901+4.6%Added
State Street Corp1,605,155$79.0M0.00%−7,480−0.5%Reduced
Vanguard Group Inc4,269,947$202.2M0.00%+4,230+0.1%Added
BlackRock, Inc.4,736,302$224.3M0.00%+84,395+1.8%Added
LMR Partners LLP0$00.00%−72,766−100.0%Sold out
Voloridge Investment Management, LLC0$00.00%−28,083−100.0%Sold out
Qube Research & Technologies Ltd0$00.00%−14,973−100.0%Sold out
Klein Pavlis & Peasley Financial, Inc.0$00.00%−14,771−100.0%Sold out
Eschler Asset Management LLP0$00.00%−10,165−100.0%Sold out
Alpine Global Management, LLC0$00.00%−10,100−100.0%Sold out
Squarepoint Ops LLC0$00.00%−7,321−100.0%Sold out