DaveManuel.com · Institutional Ownership · Who Owns It
INNOVATIVE INDL PPTYS INC (IIPR)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
334
Reporting holders
$1.4B
Reported value
75.8%
Of shares outstanding
2.8%
Calls
3.9%
Puts
+28
Holder change
Institutions report 20,885,644 shares against 27,571,349 outstanding. Shares only - option lines are excluded, which is why this can be compared with the company at all. The count comes from the cover page of the company's own most recent report, so it is dated when that was filed rather than at quarter end.
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| BlackRock, Inc. | $309.7M | 4,997,521 | 0.00% | 8q | +4.5%+$13.4M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $174.7M | 2,818,950 | 0.01% | 2q | +3.3%+$5.6M |
| STATE STREET CORP | $104.0M | 1,628,896 | 0.00% | 31q | +2.7%+$2.7M |
| VANGUARD CAPITAL MANAGEMENT LLC | $80.1M | 1,292,586 | 0.00% | 2q | +4.1%+$3.1M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $43.3M incl. $43.1M options CALL+PUT | 4,410 | 0.00% | 30q | -64.8%-$79.8M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $40.2M | 648,596 | 0.01% | 31q | +13.1%+$4.6M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $35.0M | 564,305 | 0.02% | 3q | +4.6%+$1.5M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $32.5M | 524,194 | 0.04% | 9q | +1.6%+$501.0K |
| Parallax Volatility Advisers, L.P. | $31.0M PUT | options only | 0.05% | 4q | OPTIONS |
| Invesco Ltd. | $30.8M | 497,461 | 0.00% | 31q | HELD |
| NORTHERN TRUST CORP | $24.5M | 395,997 | 0.00% | 31q | +4.1%+$973.7K |
| DIMENSIONAL FUND ADVISORS LP | $22.6M | 364,780 | 0.00% | 13q | -0.6%-$125.9K |
| GOLDMAN SACHS GROUP INC | $22.5M | 362,727 | 0.00% | 31q | -33.1%-$11.1M |
| Point72 Asset Management, L.P. | $21.8M | 351,544 | 0.02% | 4q | -24.4%-$7.0M |
| CITADEL ADVISORS LLC | $19.9M incl. $17.4M options CALL+PUT | 41,272 | 0.00% | 30q | +99.3%+$9.9M |
| D. E. Shaw & Co., Inc. | $19.5M incl. $632.2K options CALL | 304,567 | 0.01% | 29q | -16.0%-$3.7M |
| MORGAN STANLEY | $16.3M | 262,195 | 0.00% | 35q | +26.5%+$3.4M |
| AlphaCore Capital LLC | $13.5M | 217,804 | 0.25% | 5q | +1.5%+$205.9K |
| Bank of New York Mellon Corp | $12.8M | 206,398 | 0.00% | 31q | +7.9%+$934.9K |
| PRINCIPAL FINANCIAL GROUP INC | $11.8M | 190,886 | 0.01% | 30q | +3.8%+$437.0K |
| VANGUARD FIDUCIARY TRUST CO | $11.8M | 190,106 | 0.00% | 2q | +4.9%+$555.5K |
| Legal & General Group Plc | $10.4M | 168,415 | 0.00% | 31q | -5.6%-$623.6K |
| Thrivent Financial for Lutherans | $8.5M | 136,621 | 0.01% | 30q | -10.7%-$1.0M |
| JPMORGAN CHASE & CO | $8.3M | 130,513 | 0.00% | 31q | -1.5%-$126.6K |
| HRT FINANCIAL LP | $8.1M | 131,187 | 0.01% | new | NEW |
| LSV ASSET MANAGEMENT | $7.9M | 127,197 | 0.01% | 13q | +19.8%+$1.3M |
| Public Sector Pension Investment Board | $7.1M | 114,677 | 0.02% | 30q | +14.4%+$894.7K |
| BESSEMER GROUP INC | $6.9M | 111,361 | 0.01% | 18q | +74.9%+$3.0M |
| FIRST TRUST ADVISORS LP | $6.8M | 109,634 | 0.00% | 29q | +9.3%+$578.9K |
| Pacer Advisors, Inc. | $6.7M | 107,378 | 0.02% | 7q | -17.5%-$1.4M |
| GEODE CAPITAL MANAGEMENT, LLC | $6.5M | 104,612 | 0.00% | 29q | +6.6%+$403.0K |
| Nuveen, LLC | $5.7M | 91,732 | 0.00% | 6q | +39.2%+$1.6M |
| VICTORY CAPITAL MANAGEMENT INC | $5.6M | 91,075 | 0.00% | 28q | +7.0%+$368.7K |
| RHUMBLINE ADVISERS | $5.1M | 81,919 | 0.00% | 31q | -8.1%-$449.2K |
| TrueWealth Advisors, LLC | $4.5M | 72,865 | 1.02% | 23q | -3.2%-$150.3K |
| Edgestream Partners, L.P. | $4.5M | 72,705 | 0.13% | 5q | +137.7%+$2.6M |
| COMPASS FINANCIAL MANAGEMENT LLC | $4.5M | 72,193 | 0.54% | new | FIRST |
| CANADA LIFE ASSURANCE Co | $4.3M | 69,353 | 0.01% | 27q | +1.6%+$68.6K |
| Quinn Opportunity Partners LLC | $4.1M | 66,500 | 0.19% | 7q | HELD |
| MML INVESTORS SERVICES, LLC | $4.0M | 64,195 | 0.01% | 25q | +64.8%+$1.6M |
| AMERIPRISE FINANCIAL INC | $3.9M | 63,611 | 0.00% | 31q | -3.6%-$147.6K |
| Advisors Asset Management, Inc. | $3.7M | 60,269 | 0.06% | 9q | +53.3%+$1.3M |
| US BANCORP \DE\ | $3.7M | 59,222 | 0.00% | 10q | HELD |
| AQR CAPITAL MANAGEMENT LLC | $3.5M | 56,987 | 0.00% | 6q | +0.8%+$26.4K |
| VIRGINIA RETIREMENT SYSTEMS ET Al | $3.5M | 56,665 | 0.02% | 3q | -33.8%-$1.8M |
| Swiss National Bank | $3.5M | 56,500 | 0.00% | 29q | +2.2%+$74.4K |
| CAPITAL FUND MANAGEMENT S.A. | $3.5M | 56,346 | 0.02% | 7q | +124.2%+$1.9M |
| HSBC HOLDINGS PLC | $3.5M | 55,831 | 0.00% | 24q | +7.5%+$241.7K |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $3.4M | 54,868 | 0.00% | 2q | +2.3%+$75.4K |
| PRUDENTIAL FINANCIAL INC | $3.2M | 51,007 | 0.00% | 30q | -1.0%-$31.6K |
| CSM Advisors, LLC | $3.1M | 50,632 | 0.07% | 3q | +25.7%+$640.9K |
| NOMURA ASSET MANAGEMENT CO LTD | $2.9M | 46,940 | 0.01% | 31q | +4.4%+$122.7K |
| CITIGROUP INC | $2.8M | 45,761 | 0.00% | 31q | +14.8%+$366.1K |
| JANE STREET GROUP, LLC | $2.8M incl. $396.7K options PUT | 38,026 | 0.00% | 30q | HELD |
| SEGALL BRYANT & HAMILL, LLC | $2.7M | 43,215 | 0.03% | 4q | -5.9%-$169.4K |
| Quantinno Capital Management LP | $2.6M | 42,337 | 0.00% | 5q | +196.0%+$1.7M |
| PICTON MAHONEY ASSET MANAGEMENT | $2.5M | 41,058 | 0.02% | 3q | +17.8%+$384.2K |
| Tidal Investments LLC | $2.5M | 41,047 | 0.00% | 15q | -14.7%-$439.4K |
| PRICE T ROWE ASSOCIATES INC /MD/ | $2.5M | 40,431 | 0.00% | 31q | +19.6%+$410.3K |
| Asset Management One Co., Ltd. | $2.4M | 39,359 | 0.01% | 31q | HELD |
| DEUTSCHE BANK AG\ | $2.4M | 39,196 | 0.00% | 34q | +17.7%+$366.2K |
| EXCHANGE TRADED CONCEPTS, LLC | $2.2M | 36,214 | 0.01% | 27q | -1.9%-$42.3K |
| FRANKLIN RESOURCES INC | $2.2M | 35,250 | 0.00% | 17q | -3.2%-$72.0K |
| Aberdeen Group plc | $2.1M | 34,310 | 0.00% | 4q | +256.1%+$1.5M |
| MACQUARIE GROUP LTD | $2.1M | 33,270 | 0.01% | 28q | -11.9%-$279.5K |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM | $2.0M | 32,668 | 0.00% | 31q | -19.9%-$504.1K |
| COMMONWEALTH EQUITY SERVICES, LLC | $2.0M | 32,667 | 0.00% | 30q | +19.1%+$324.7K |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | $2.0M | 32,665 | 0.01% | 25q | +1.7%+$33.0K |
| MARTINGALE ASSET MANAGEMENT L P | $2.0M | 32,470 | 0.05% | 11q | -2.9%-$59.3K |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $2.0M | 32,175 | 0.00% | 31q | +24.1%+$387.6K |
| Summit Financial, LLC | $2.0M | 31,210 | 0.02% | 2q | +21.1%+$347.5K |
| Engineers Gate Manager LP | $2.0M | 31,774 | 0.03% | 7q | -35.0%-$1.1M |
| Cambridge Investment Research Advisors, Inc. | $1.9M | 31,032 | 0.00% | 31q | +142.2%+$1.1M |
| CWA Asset Management Group, LLC | $1.9M | 30,658 | 0.06% | new | NEW |
| NISA INVESTMENT ADVISORS, LLC | $1.8M | 28,935 | 0.01% | 31q | -2.7%-$50.7K |
| Sumitomo Mitsui Trust Group, Inc. | $1.8M | 29,702 | 0.00% | 31q | -2.7%-$51.1K |
| ALLIANCEBERNSTEIN L.P. | $1.8M | 36,444 | 0.00% | 31q | HELD |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $1.8M | 29,017 | 0.00% | 7q | +2.3%+$40.3K |
| LPL Financial LLC | $1.8M | 28,397 | 0.00% | 31q | +11.1%+$176.2K |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | $1.7M | 27,816 | 0.01% | 30q | +43.2%+$519.7K |
| VANGUARD ASSET MANAGEMENT, Ltd | $1.7M | 27,040 | 0.00% | 2q | HELD |
| Allianz Asset Management GmbH | $1.7M | 26,671 | 0.00% | 6q | +1.1%+$18.0K |
| Vanguard Investments Australia, Ltd. | $1.7M | 26,631 | 0.00% | 2q | HELD |
| BNP PARIBAS FINANCIAL MARKETS | $1.6M | 25,230 | 0.00% | 31q | +97.2%+$770.7K |
| State of Alaska, Department of Revenue | $1.6M | 25,176 | 0.02% | 30q | -13.1%-$234.9K |
| WELLS FARGO & COMPANY/MN | $1.6M | 25,114 | 0.00% | 31q | +139.1%+$905.6K |
| OMERS ADMINISTRATION Corp | $1.6M | 25,100 | 0.01% | 6q | +34.9%+$402.9K |
| North Star Investment Management Corp. | $1.6M | 25,045 | 0.08% | 28q | +66.5%+$619.8K |
| AMERICAN CENTURY COMPANIES INC | $1.5M | 24,827 | 0.00% | 15q | +12.4%+$169.7K |
| Mitsubishi UFJ Asset Management Co., Ltd. | $1.5M | 24,803 | 0.00% | 31q | +11.6%+$159.9K |
| MACKENZIE FINANCIAL CORP | $1.5M | 23,972 | 0.00% | 5q | HELD |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $1.4M | 23,348 | 0.00% | 30q | +6.3%+$85.7K |
| TWO SIGMA INVESTMENTS, LP | $1.4M | 22,900 | 0.00% | 2q | +77.5%+$619.8K |
| Russell Investments Group, Ltd. | $1.4M | 22,453 | 0.00% | 31q | +109.4%+$726.9K |
| BANK OF AMERICA CORP /DE/ | $1.4M | 22,329 | 0.00% | 31q | -24.1%-$439.1K |
| UHLMANN PRICE SECURITIES, LLC | $1.4M | 22,177 | 0.05% | new | NEW |
| Corient Private Wealth LP | $1.4M | 22,006 | 0.00% | new | NEW |
| Purpose Unlimited Inc. | $1.4M | 22,000 | 0.05% | new | NEW |
| Zurcher Kantonalbank (Zurich Cantonalbank) | $1.3M | 21,750 | 0.00% | 29q | +13.3%+$158.4K |
| Penserra Capital Management LLC | $1.3M | 21,563 | 0.01% | 30q | -11.8%-$178.9K |
Five percent filings
Anyone crossing 5% of a company must say so within days - far sooner than the next quarterly holdings report. A 13D declares an intent to influence the company; a 13G is the passive version. See all activist filings →
| Filed | Form | Filer | % of class |
|---|---|---|---|
| 2026-10-27 | 13G/A | BlackRock, Inc. | 17.7% |
What the company announced
Form 8-K filings from the last 120 days, showing only the items worth a reader's attention. Earnings releases, exhibit attachments and general disclosures are filed constantly and are left out. Filed is when the SEC received it; event is the date the company says the thing happened.
| Filed | Event date | What | Source |
|---|---|---|---|
| 2026-10-27 | 2026-10-21 | Material agreement entered | filing |
| 2026-10-14 | 2026-10-08 | Material agreement entered Charter or bylaws amended | filing |
| 2026-10-01 | 2026-09-28 | Material agreement entered | filing |
| 2026-09-25 | 2026-09-25 | Charter or bylaws amended | filing |
What the insiders did
Open market purchases and sales reported on Form 4 in the last 180 days. Grants, option exercises and shares surrendered to cover tax are left out: they are compensation rather than a decision to buy or sell. Where a broker filled one order in tranches the lines are summed, because it was one decision.
Officers and directors
| Date | Insider | Role | Side | Shares | Value |
|---|---|---|---|---|---|
| 2026-10-08 | Gold Alan D | EXECUTIVE CHAIRMAN | Bought | 40,000 | $1.0M |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 82 | $30.6M | 579,797 | 8 | 23 | 21 | 0.0% |
| Q2 2026 | 334 | $1.4B | 20,885,644 | 53 | 138 | 66 | 6.8% |
| Q1 2026 | 306 | $1.1B | 19,978,460 | 34 | 102 | 88 | 5.5% |
| Q4 2025 | 297 | $967.5M | 19,470,531 | 25 | 104 | 90 | 4.3% |
| Q3 2025 | 314 | $1.1B | 18,819,125 | 41 | 103 | 100 | 3.6% |
| Q2 2025 | 318 | $1.1B | 19,280,671 | 37 | 115 | 98 | 3.1% |
| Q1 2025 | 331 | $1.1B | 19,552,963 | 44 | 117 | 96 | 2.9% |
| Q4 2024 | 361 | $1.4B | 19,968,872 | 38 | 114 | 103 | 3.1% |
| Q3 2024 | 419 | $2.8B | 20,112,111 | 52 | 133 | 132 | 3.5% |
| Q2 2024 | 398 | $2.3B | 19,896,152 | 43 | 124 | 119 | 3.6% |
| Q1 2024 | 383 | $2.3B | 20,804,389 | 44 | 123 | 119 | 4.5% |
| Q4 2023 | 373 | $2.2B | 20,504,623 | 54 | 104 | 114 | 4.3% |
| Q3 2023 | 341 | $1.5B | 19,229,078 | 37 | 106 | 112 | 5.1% |
| Q2 2023 | 333 | $1.5B | 19,335,150 | 38 | 111 | 107 | 4.4% |
| Q1 2023 | 353 | $1.7B | 20,714,724 | 43 | 116 | 114 | 5.2% |
| Q4 2022 | 362 | $2.3B | 21,171,424 | 50 | 110 | 130 | 4.6% |
| Q3 2022 | 329 | $2.3B | 24,144,751 | 26 | 135 | 107 | 6.9% |
| Q2 2022 | 382 | $2.9B | 25,435,767 | 44 | 164 | 98 | 3.5% |
| Q1 2022 | 430 | $5.9B | 27,841,280 | 41 | 156 | 128 | 3.1% |
| Q4 2021 | 458 | $9.1B | 33,033,989 | 45 | 157 | 133 | 4.6% |
| Q3 2021 | 427 | $7.8B | 32,585,170 | 52 | 119 | 137 | 3.8% |
| Q2 2021 | 407 | $5.8B | 29,027,945 | 47 | 133 | 120 | 4.0% |
| Q1 2021 | 394 | $5.7B | 30,284,571 | 50 | 145 | 133 | 4.7% |
| Q4 2020 | 393 | $7.0B | 36,400,259 | 84 | 148 | 88 | 5.3% |
| Q3 2020 | 320 | $4.4B | 34,573,110 | 68 | 137 | 66 | 2.8% |
| Q2 2020 | 280 | $2.8B | 31,331,689 | 66 | 120 | 47 | 2.7% |
| Q1 2020 | 253 | $2.6B | 32,697,434 | 55 | 110 | 49 | 3.7% |
| Q4 2019 | 244 | $1.2B | 14,932,501 | 33 | 87 | 66 | 8.7% |
| Q3 2019 | 231 | $1.4B | 14,324,647 | 42 | 103 | 52 | 7.9% |
| Q2 2019 | 224 | $2.0B | 14,534,528 | 50 | 77 | 54 | 8.3% |
| Q1 2019 | 206 | $1.0B | 12,303,773 | 88 | 45 | 50 | 1.9% |
| Q4 2018 | 126 | $489.8M | 10,788,901 | 5 | 5 | 0 | 0.0% |