Installed Building Products
303 hedge funds and large institutions have $2.97B invested in Installed Building Products in 2023 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 117 increasing their positions, 97 reducing their positions, and 21 closing their positions.
167% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 21
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
21% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 97
12% more funds holding
Funds holding: 270 → 303 (+33)
1.12% less ownership
Funds ownership: 84.87% → 83.75% (-1.1%)
12% less capital invested
Capital invested by funds: $3.38B → $2.97B (-$407M)
50% less call options, than puts
Call options by funds: $6.58M | Put options by funds: $13.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$25.4M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$25.3M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
+$21.1M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$17M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$72.4M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$47.1M |
| 3 |
BlackRock
New York
|
-$29.9M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$28.5M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$23.3M |
IBP Hedge Fund Activity: Q3 2023 in Review
303 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Installed Building Products (IBP) for Q3 2023, worth a combined $2.97B — down 12% from $3.38B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new IBP positions and 21 closed out — a net gain of 35 holders — while 117 added to existing stakes and 97 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $25.4M. The largest seller was Findlay Park Partners, cutting an estimated $72.4M.
- 303 institutional investors held Installed Building Products (IBP) as of Q3 2023, up from 270 in Q2 2023.
- Funds reported $2.97B of Installed Building Products stock for Q3 2023, down 12% quarter-over-quarter.
- 56 funds opened new Installed Building Products positions in Q3 2023 and 21 closed out, a net change of +35 holders.
- The largest Installed Building Products buyer in Q3 2023 was Citadel Advisors, an estimated $25.4M added.
- The largest Installed Building Products seller in Q3 2023 was Findlay Park Partners, an estimated $72.4M sold.
Based on aggregated 13F filings for Q3 2023.