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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
Wealth Enhancement Advisory Services, LLC0$00.00%−6,214−100.0%Sold out
Guyasuta Investment Advisors Inc0$00.00%−6,182−100.0%Sold out
Quadrature Capital Ltd0$00.00%−5,968−100.0%Sold out
FourThought Financial Partners, LLC0$00.00%−5,784−100.0%Sold out
Ieq Capital, LLC0$00.00%−5,757−100.0%Sold out
Alps Advisors Inc0$00.00%−5,462−100.0%Sold out
Entropy Technologies, LP0$00.00%−4,995−100.0%Sold out
Mercer Global Advisors Inc0$00.00%−4,841−100.0%Sold out
Twinbeech Capital LP0$00.00%−4,808−100.0%Sold out
Beacon Pointe Advisors, LLC0$00.00%−4,724−100.0%Sold out
Neuberger Berman Group LLC0$00.00%−4,717−100.0%Sold out
IFM Investors Pty Ltd0$00.00%−4,454−100.0%Sold out
Maryland State Retirement & Pension System0$00.00%−4,081−100.0%Sold out
Western Wealth Management, LLC0$00.00%−4,038−100.0%Sold out
Cooper/Haims Advisors, LLC0$00.00%−3,934−100.0%Sold out
Focus Financial Network, Inc.0$00.00%−3,926−100.0%Sold out
Pathstone Holdings, LLC0$00.00%−3,888−100.0%Sold out
Mariner, LLC0$00.00%−3,878−100.0%Sold out
HighTower Advisors, LLC0$00.00%−3,755−100.0%Sold out
Northwestern Mutual Wealth Management Co0$00.00%−2,106−100.0%Sold out
Meeder Asset Management Inc0$00.00%−2,080−100.0%Sold out
Pilgrim Partners Asia Pte Ltd0$00.00%−980−100.0%Sold out
Principal Securities, Inc.0$00.00%−878−100.0%Sold out
FNY Investment Advisers, LLC0$00.00%−600−100.0%Sold out
Clear Street Markets LLC0$00.00%−500−100.0%Sold out
Group One Trading, L.P.0$00.00%−401−100.0%Sold out
Westfuller Advisors, LLC0$00.00%−191−100.0%Sold out
Crowley Wealth Management, Inc.0$00.00%−100−100.0%Sold out
Painted Porch Advisors LLC0$00.00%−75−100.0%Sold out
Cornerstone Planning Group LLC0$00.00%−35−100.0%Sold out
North Capital, Inc.0$00.00%−31−100.0%Sold out
Rocky Mountain Advisers, LLC0$00.00%−30−100.0%Sold out
Rosenberg Matthew Hamilton0$00.00%−30−100.0%Sold out
Salem Investment Counselors Inc0$00.00%−21−100.0%Sold out
Financial Consulate, Inc0$00.00%−9−100.0%Sold out
GPS Wealth Strategies Group, LLC0$00.00%−8−100.0%Sold out
Wealthspire Advisors, LLC0$00.00%−4−100.0%Sold out
AXA Investment Managers S.A.––––Not filed
FCG Investment Co––––Not filed
Pinebridge Investments, L.P.––––Not filed
Wolverine Trading, LLC––––Not filed
West Oak Capital, LLC––––Not filed
Shell Asset Management Co––––Not filed
Point72 Europe (London) LLP––––Not filed
Creekmur Asset Management LLC––––Not filed