Installed Building Products
74 hedge funds and large institutions have $198M invested in Installed Building Products in 2014 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 29 increasing their positions, 9 reducing their positions, and 10 closing their positions.
222% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 9
220% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 10
70% more capital invested
Capital invested by funds: $116M → $198M (+$81.1M)
42% more funds holding
Funds holding: 52 → 74 (+22)
25.43% more ownership
Funds ownership: 27.27% → 52.69% (+25%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Corsair Capital Management
New York
|
+$16.2M |
| 2 |
GC
GMT Capital
Atlanta,
Georgia
|
+$14.5M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$11.8M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$11.8M |
| 5 |
Millennium Management
New York
|
+$8.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HP
Harvey Partners
Tarrytown,
New York
|
-$3.49M |
| 2 |
PC
Passport Capital
San Francisco,
California
|
-$2.19M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$1.81M |
| 4 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$1.74M |
| 5 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$1.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PC
76
Passport Capital
San Francisco,
California
| – | -$2.19M | -157,275 | Closed |
|
|
UOC
77
UBS O'Connor
Chicago,
Illinois
| – | -$1.81M | -130,000 | Closed |
|
|
GGHC
78
Gilder Gagnon Howe & Co
New York
| – | -$1.38M | -99,073 | Closed |
|
79
Marshall Wace
London,
United Kingdom
| – | -$1.34M | -96,152 | Closed |
|
|
TI
80
Turner Investments
Berwyn,
Pennsylvania
| – | -$728K | -52,230 | Closed |
|
|
KCM
81
Kingdon Capital Management
New York
| – | -$558K | -40,000 | Closed |
|
|
LP
82
LMR Partners
London,
United Kingdom
| – | -$350K | -25,100 | Closed |
|
|
SCA
83
SAC Capital Advisors
Stamford,
Connecticut
| – | -$311K | -22,270 | Closed |
|
|
TRCT
84
Tower Research Capital (TRC)
New York
| – | -$3K | -193 | Closed |
|
IBP Hedge Fund Activity: Q2 2014 in Review
74 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Installed Building Products (IBP) for Q2 2014, worth a combined $198M — up 70% from $116M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new IBP positions and 10 closed out — a net gain of 22 holders — while 29 added to existing stakes and 9 trimmed.
The largest buyer was Corsair Capital Management, opening a new position worth an estimated $16.2M. The largest seller was Harvey Partners, exiting entirely with an estimated $3.49M sold.
- 74 institutional investors held Installed Building Products (IBP) as of Q2 2014, up from 52 in Q1 2014.
- Funds reported $198M of Installed Building Products stock for Q2 2014, up 70% quarter-over-quarter.
- 32 funds opened new Installed Building Products positions in Q2 2014 and 10 closed out, a net change of +22 holders.
- The largest Installed Building Products buyer in Q2 2014 was Corsair Capital Management, an estimated $16.2M added.
- The largest Installed Building Products seller in Q2 2014 was Harvey Partners, an estimated $3.49M sold.
Based on aggregated 13F filings for Q2 2014.