Installed Building Products
IBP
338 hedge funds and large institutions have $4.46B invested in Installed Building Products in 2023 Q4 according to their latest regulatory filings, with 72 funds opening new positions, 112 increasing their positions, 114 reducing their positions, and 35 closing their positions.
106% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 35
50% more capital invested
Capital invested by funds: $2.97B → $4.46B (+$1.49B)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
31% more call options, than puts
Call options by funds: $19.4M | Put options by funds: $14.9M
12% more funds holding
Funds holding: 303 → 338 (+35)
2.18% more ownership
Funds ownership: 83.75% → 85.93% (+2.2%)
2% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 114
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$45.1M |
| 2 |
Morgan Stanley
New York
|
+$36.7M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$23.4M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$20.1M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
+$16.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$41.9M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$24.1M |
| 3 |
CC
Cartenna Capital
Stamford,
Connecticut
|
-$16.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$13.7M |
| 5 |
BAMCO Inc
New York
|
-$13.3M |
IBP Hedge Fund Activity: Q4 2023 in Review
338 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Installed Building Products (IBP) for Q4 2023, worth a combined $4.46B — up 50% from $2.97B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new IBP positions and 35 closed out — a net gain of 37 holders — while 112 added to existing stakes and 114 trimmed.
The largest buyer was Channing Capital Management, opening a new position worth an estimated $45.1M. The largest seller was Findlay Park Partners, exiting entirely with an estimated $41.9M sold.
- 338 institutional investors held Installed Building Products (IBP) as of Q4 2023, up from 303 in Q3 2023.
- Funds reported $4.46B of Installed Building Products stock for Q4 2023, up 50% quarter-over-quarter.
- 72 funds opened new Installed Building Products positions in Q4 2023 and 35 closed out, a net change of +37 holders.
- The largest Installed Building Products buyer in Q4 2023 was Channing Capital Management, an estimated $45.1M added.
- The largest Installed Building Products seller in Q4 2023 was Findlay Park Partners, an estimated $41.9M sold.
Based on aggregated 13F filings for Q4 2023.