Installed Building Products
78 hedge funds and large institutions have $397M invested in Installed Building Products in 2015 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 30 increasing their positions, 20 reducing their positions, and 5 closing their positions.
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
50% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 20
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
25% more capital invested
Capital invested by funds: $318M → $397M (+$79M)
13% more funds holding
Funds holding: 69 → 78 (+9)
0.36% more ownership
Funds ownership: 57.52% → 57.88% (+0.36%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Coliseum Capital Management
Rowayton,
Connecticut
|
+$6.13M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.84M |
| 3 |
Renaissance Technologies
New York
|
+$2.02M |
| 4 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
+$1.89M |
| 5 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$8.05M |
| 2 |
GC
Gratia Capital
Los Angeles,
California
|
-$4.2M |
| 3 |
SH
Scepter Holdings
Fort Worth,
Texas
|
-$3.19M |
| 4 |
CCM
Corsair Capital Management
New York
|
-$2.49M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$2.28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Group One Trading
Chicago,
Illinois
| $2K | +$1.89K | +100 | New |
|
77
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1K | +$814 | +43 | +717% |
|
78
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $152 | +$44.5K | +2,350 | +51% |
|
|
GC
79
Gratia Capital
Los Angeles,
California
| – | -$4.2M | -235,555 | Closed |
|
|
SH
80
Scepter Holdings
Fort Worth,
Texas
| – | -$3.19M | -178,973 | Closed |
|
|
USGIU
81
U.S. Global Investors (USGI)
San Antonio,
Texas
| – | -$535K | -30,000 | Closed |
|
|
BPC
82
Banque Pictet & Cie
Geneva 73,
Switzerland
| – | -$206K | -11,583 | Closed |
|
|
MTIP
83
Magee Thomson Investment Partners
San Diego,
California
| – | -$146K | -8,165 | Closed |
|
IBP Hedge Fund Activity: Q1 2015 in Review
78 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Installed Building Products (IBP) for Q1 2015, worth a combined $397M — up 25% from $318M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new IBP positions and 5 closed out — a net gain of 9 holders — while 30 added to existing stakes and 20 trimmed.
The largest buyer was Coliseum Capital Management, adding an estimated $6.13M. The largest seller was Citadel Advisors, cutting an estimated $8.05M.
- 78 institutional investors held Installed Building Products (IBP) as of Q1 2015, up from 69 in Q4 2014.
- Funds reported $397M of Installed Building Products stock for Q1 2015, up 25% quarter-over-quarter.
- 14 funds opened new Installed Building Products positions in Q1 2015 and 5 closed out, a net change of +9 holders.
- The largest Installed Building Products buyer in Q1 2015 was Coliseum Capital Management, an estimated $6.13M added.
- The largest Installed Building Products seller in Q1 2015 was Citadel Advisors, an estimated $8.05M sold.
Based on aggregated 13F filings for Q1 2015.