Installed Building Products
169 hedge funds and large institutions have $1.33B invested in Installed Building Products in 2018 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 60 increasing their positions, 54 reducing their positions, and 32 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 54
1.28% more ownership
Funds ownership: 68.31% → 69.59% (+1.3%)
6% less funds holding
Funds holding: 180 → 169 (-11)
19% less capital invested
Capital invested by funds: $1.65B → $1.33B (-$322M)
31% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 32
37% less call options, than puts
Call options by funds: $594K | Put options by funds: $936K
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$51.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$35.8M |
| 3 |
BAMCO Inc
New York
|
+$33.2M |
| 4 |
Morgan Stanley
New York
|
+$28.7M |
| 5 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$13.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$35.2M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$25.7M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$19.4M |
| 4 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$12.7M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
-$12.3M |
IBP Hedge Fund Activity: Q1 2018 in Review
169 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Installed Building Products (IBP) for Q1 2018, worth a combined $1.33B — down 19% from $1.65B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of IBP and 22 opened new positions — a net loss of 10 holders — while 54 trimmed existing stakes and 60 added.
The largest buyer was Westwood Holdings Group, opening a new position worth an estimated $51.3M. The largest seller was Wasatch Advisors, cutting an estimated $35.2M.
- 169 institutional investors held Installed Building Products (IBP) as of Q1 2018, down from 180 in Q4 2017.
- Funds reported $1.33B of Installed Building Products stock for Q1 2018, down 19% quarter-over-quarter.
- 22 funds opened new Installed Building Products positions in Q1 2018 and 32 closed out, a net change of -10 holders.
- The largest Installed Building Products buyer in Q1 2018 was Westwood Holdings Group, an estimated $51.3M added.
- The largest Installed Building Products seller in Q1 2018 was Wasatch Advisors, an estimated $35.2M sold.
Based on aggregated 13F filings for Q1 2018.