Installed Building Products
219 hedge funds and large institutions have $2.5B invested in Installed Building Products in 2021 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 79 increasing their positions, 67 reducing their positions, and 22 closing their positions.
73% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 22
18% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 67
15% more capital invested
Capital invested by funds: $2.17B → $2.5B (+$329M)
6% more funds holding
Funds holding: 207 → 219 (+12)
5.09% more ownership
Funds ownership: 71.31% → 76.4% (+5.1%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
52% less call options, than puts
Call options by funds: $6.88M | Put options by funds: $14.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Swedbank
Stockholm,
Sweden
|
+$88.1M |
| 2 |
Goldman Sachs
New York
|
+$35.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$29.7M |
| 4 |
MP
Munro Partners
Melbourne,
Australia
|
+$22.3M |
| 5 |
ECP
Electron Capital Partners
New York
|
+$17.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$53.2M |
| 2 |
Millennium Management
New York
|
-$34.1M |
| 3 |
MC
Maverick Capital
Dallas,
Texas
|
-$32.4M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.1M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$8.78M |
IBP Hedge Fund Activity: Q1 2021 in Review
219 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Installed Building Products (IBP) for Q1 2021, worth a combined $2.5B — up 15% from $2.17B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new IBP positions and 22 closed out — a net gain of 16 holders — while 79 added to existing stakes and 67 trimmed.
The largest buyer was Swedbank, opening a new position worth an estimated $88.1M. The largest seller was Waddell & Reed Financial, cutting an estimated $53.2M.
- 219 institutional investors held Installed Building Products (IBP) as of Q1 2021, up from 207 in Q4 2020.
- Funds reported $2.5B of Installed Building Products stock for Q1 2021, up 15% quarter-over-quarter.
- 38 funds opened new Installed Building Products positions in Q1 2021 and 22 closed out, a net change of +16 holders.
- The largest Installed Building Products buyer in Q1 2021 was Swedbank, an estimated $88.1M added.
- The largest Installed Building Products seller in Q1 2021 was Waddell & Reed Financial, an estimated $53.2M sold.
Based on aggregated 13F filings for Q1 2021.