Installed Building Products
221 hedge funds and large institutions have $2.64B invested in Installed Building Products in 2021 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 88 increasing their positions, 65 reducing their positions, and 16 closing their positions.
88% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 16
35% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 65
6% more funds holding
Funds holding: 209 → 221 (+12)
1.95% more ownership
Funds ownership: 80.97% → 82.92% (+1.9%)
10% less capital invested
Capital invested by funds: $2.94B → $2.64B (-$299M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
54% less call options, than puts
Call options by funds: $1.9M | Put options by funds: $4.17M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$75M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$35.9M |
| 3 |
FPP
Findlay Park Partners
London,
United Kingdom
|
+$32M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$11.9M |
| 5 |
JP Morgan Chase
New York
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$100M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$65.5M |
| 3 |
ECP
Electron Capital Partners
New York
|
-$18.5M |
| 4 |
BAMCO Inc
New York
|
-$6.3M |
| 5 |
PC
Pier Capital
Stamford,
Connecticut
|
-$5.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BC
226
Burney Company
Reston,
Virginia
| – | -$411K | -3,355 | Closed |
|
|
AA
227
ALPS Advisors
Denver,
Colorado
| – | -$363K | -2,970 | Closed |
|
|
IAM
228
Iridian Asset Management
Westport,
Connecticut
| – | -$250K | -2,047 | Closed |
|
229
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$241K | -1,972 | Closed |
|
|
JF
230
Jump Financial
Chicago,
Illinois
| – | -$220K | -1,800 | Closed |
|
|
CIC
231
Chase Investment Counsel
Charlottesville,
Virginia
| – | -$203K | -1,660 | Closed |
|
|
EAM
232
Exos Asset Management
New York
| – | -$89K | -729 | Closed |
|
|
PAM
233
Panagora Asset Management
Boston,
Massachusetts
| – | -$50K | -408 | Closed |
|
|
PA
234
Parallel Advisors
San Francisco,
California
| – | -$18K | -150 | Closed |
|
|
VCM
235
Versant Capital Management
Phoenix,
Arizona
| – | -$2.5K | -21 | -91% |
|
|
ASN
236
Advisory Services Network
Atlanta,
Georgia
| – | -$1K | -11 | Closed |
|
|
FHA
237
First Horizon Advisors
Memphis,
Tennessee
| – | +$477 | +4 | New |
|
IBP Hedge Fund Activity: Q3 2021 in Review
221 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Installed Building Products (IBP) for Q3 2021, worth a combined $2.64B — down 10% from $2.94B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new IBP positions and 16 closed out — a net gain of 14 holders — while 88 added to existing stakes and 65 trimmed.
The largest buyer was Credit Suisse, adding an estimated $75M. The largest seller was AllianceBernstein, cutting an estimated $100M.
- 221 institutional investors held Installed Building Products (IBP) as of Q3 2021, up from 209 in Q2 2021.
- Funds reported $2.64B of Installed Building Products stock for Q3 2021, down 10% quarter-over-quarter.
- 30 funds opened new Installed Building Products positions in Q3 2021 and 16 closed out, a net change of +14 holders.
- The largest Installed Building Products buyer in Q3 2021 was Credit Suisse, an estimated $75M added.
- The largest Installed Building Products seller in Q3 2021 was AllianceBernstein, an estimated $100M sold.
Based on aggregated 13F filings for Q3 2021.