Ranked by reported Q2 2026 13F market value
Share of total reported institutional value in IIPR held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 5.0M | $309.7M | +4.5% | 17.236% | 0.00% |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 2.8M | $174.7M | +3.3% | 9.722% | 0.01% |
| 3 | STATE STREET CORP | 1.6M | $104.0M | +2.7% | 5.618% | 0.00% |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 1.3M | $80.1M | +4.1% | 4.458% | 0.00% |
| 5 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 699K | $43.3M | +42.9% | 2.411% | 0.00% |
| 6 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 649K | $40.2M | +13.1% | 2.237% | 0.01% |
| 7 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 564K | $35.0M | +4.6% | 1.946% | 0.02% |
| 8 | MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 524K | $32.5M | +1.6% | 1.808% | 0.04% |
| 9 | Parallax Volatility Advisers, L.P. | 500K | $31.0M | 0.0% | 1.724% | 0.05% |
| 10 | Invesco Ltd. | 497K | $30.8M | +0.3% | 1.716% | 0.00% |
| 11 | NORTHERN TRUST CORP | 396K | $24.5M | +4.1% | 1.366% | 0.00% |
| 12 | DIMENSIONAL FUND ADVISORS LP | 365K | $22.6M | -0.5% | 1.258% | 0.00% |
| 13 | GOLDMAN SACHS GROUP INC | 363K | $22.5M | -33.1% | 1.251% | 0.00% |
| 14 | Point72 Asset Management, L.P. | 352K | $21.8M | -24.4% | 1.212% | 0.02% |
| 15 | CITADEL ADVISORS LLC | 321K | $19.9M | +159.6% | 1.108% | 0.00% |
| 16 | D. E. Shaw & Co., Inc. | 315K | $19.5M | -13.2% | 1.086% | 0.01% |
| 17 | MORGAN STANLEY | 262K | $16.3M | +26.5% | 0.904% | 0.00% |
| 18 | AlphaCore Capital LLC | 218K | $13.5M | +1.6% | 0.751% | 0.25% |
| 19 | Bank of New York Mellon Corp | 206K | $12.8M | +7.9% | 0.712% | 0.00% |
| 20 | PRINCIPAL FINANCIAL GROUP INC | 191K | $11.8M | +3.8% | 0.658% | 0.01% |
| 21 | VANGUARD FIDUCIARY TRUST CO | 190K | $11.8M | +5.0% | 0.656% | 0.00% |
| 22 | Legal & General Group Plc | 168K | $10.4M | -5.6% | 0.581% | 0.00% |
| 23 | JPMORGAN CHASE & CO | 131K | $8.3M | -1.5% | 0.450% | 0.00% |
| 24 | PUBLIC SECTOR PENSION INVESTMENT BOARD | 115K | $7.1M | +14.4% | 0.396% | 0.01% |
| 25 | FIRST TRUST ADVISORS LP | 110K | $6.8M | +9.3% | 0.378% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in IIPR — a direct measure of their conviction.
Filings activity in IIPR during Q2 2026, grouped by how each filer changed its position.
Institutions that opened a new IIPR position in Q2 2026
Institutions that fully closed their IIPR position in Q2 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 330 | +8.9% | 76.86% | +5.66 pp | $1.33B | +31% |
| Q1 2026 | 303 | +3.4% | 71.20% | +2.53 pp | $1.01B | +9.3% |
| Q4 2025 | 293 | 3.0% | 68.67% | +3.22 pp | $929M | 7.7% |
| Q3 2025 | 302 | 1.0% | 65.45% | 0.12 pp | $1.01B | 3.1% |
| Q2 2025 | 305 | 3.8% | 65.57% | 0.21 pp | $1.04B | +1.0% |
| Q1 2025 | 317 | 7.8% | 65.78% | 2.29 pp | $1.03B | 22% |
| Q4 2024 | 344 | 13% | 68.07% | +2.25 pp | $1.31B | 48% |
| Q3 2024 | 397 | — | 65.82% | — | $2.54B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying IIPR stock.
Based on Q2 2026 13F filings, institutional ownership of Innovative Industrial Properties, Inc. stands at 76.9%, held across 330 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of IIPR, with approximately 4,997,521 shares worth $0.31B as of Q2 2026.
Yes — 3 widely-followed marquee investors appear among the top 25 institutional holders of IIPR, including SUSQUEHANNA INTERNATIONAL GROUP, LLP, Point72 Asset Management, L.P., CITADEL ADVISORS LLC.
Our composite Smart Money Score for IIPR is 80 out of 100 (Strong Smart Money). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
51 institutions opened new positions in IIPR during Q2 2026, while 26 fully exited. 245 added to existing positions and 23 trimmed.
IIPR institutional ownership rose by 5.66 percentage points quarter-over-quarter, with a net change of +27 holders.
The top 10 institutions account for 66.5% of all reported 13F value in IIPR, and the top 25 account for 83.8%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Innovative Industrial Properties, Inc. (IIPR) Institutional Ownership