Installed Building Products
69 hedge funds and large institutions have $318M invested in Installed Building Products in 2014 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 20 increasing their positions, 23 reducing their positions, and 9 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
100% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 9
30% more capital invested
Capital invested by funds: $245M → $318M (+$73.8M)
13% more funds holding
Funds holding: 61 → 69 (+8)
2.83% more ownership
Funds ownership: 54.69% → 57.52% (+2.8%)
13% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.05M |
| 2 |
GC
GMT Capital
Atlanta,
Georgia
|
+$3.98M |
| 3 |
CCM
Coliseum Capital Management
Rowayton,
Connecticut
|
+$3.48M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$2.13M |
| 5 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$1.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$5.61M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$5.25M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$3.79M |
| 4 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
-$3.77M |
| 5 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$3.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SO
76
STRS Ohio
Columbus,
Ohio
| – | -$45K | -3,200 | Closed |
|
77
BNP Paribas Financial Markets
Paris,
France
| – | -$5.42K | -386 | Closed |
|
78
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$97 | +6 | New |
|
IBP Hedge Fund Activity: Q4 2014 in Review
69 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Installed Building Products (IBP) for Q4 2014, worth a combined $318M — up 30% from $245M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new IBP positions and 9 closed out — a net gain of 9 holders — while 20 added to existing stakes and 23 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $5.05M. The largest seller was BlackRock Advisors, cutting an estimated $5.61M.
- 69 institutional investors held Installed Building Products (IBP) as of Q4 2014, up from 61 in Q3 2014.
- Funds reported $318M of Installed Building Products stock for Q4 2014, up 30% quarter-over-quarter.
- 18 funds opened new Installed Building Products positions in Q4 2014 and 9 closed out, a net change of +9 holders.
- The largest Installed Building Products buyer in Q4 2014 was Fidelity Investments, an estimated $5.05M added.
- The largest Installed Building Products seller in Q4 2014 was BlackRock Advisors, an estimated $5.61M sold.
Based on aggregated 13F filings for Q4 2014.