Installed Building Products
121 hedge funds and large institutions have $529M invested in Installed Building Products in 2016 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 44 increasing their positions, 35 reducing their positions, and 13 closing their positions.
62% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 13
26% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 35
6% more funds holding
Funds holding: 114 → 121 (+7)
3% more capital invested
Capital invested by funds: $513M → $529M (+$16.6M)
2.12% less ownership
Funds ownership: 65.89% → 63.77% (-2.1%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.19M |
| 2 |
Bank of New York Mellon
New York
|
+$3.14M |
| 3 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$2.52M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.3M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$2.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$8.85M |
| 2 |
CRIM
Castle Ridge Investment Management
Greenwich,
Connecticut
|
-$3.83M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.61M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$2.98M |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$2.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
126
TFS Capital
West Chester,
Pennsylvania
| – | -$451K | -18,160 | Closed |
|
127
Nomura Holdings
Tokyo,
Japan
| – | -$432K | -17,382 | Closed |
|
|
CCM
128
Coe Capital Management
Highland Park,
Illinois
| – | -$386K | -15,545 | Closed |
|
|
QSS
129
Quantitative Systematic Strategies
Ponte Vedra Beach,
Florida
| – | -$305K | -12,379 | Closed |
|
|
PCM
130
Prelude Capital Management
New York
| – | -$147K | -5,921 | Closed |
|
|
MCM
131
Mazama Capital Management
Portland,
Oregon
| – | -$52K | -2,076 | Closed |
|
132
Simplex Trading
Chicago,
Illinois
| – | -$15K | -618 | Closed |
|
133
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$3K | -85 | Closed |
|
134
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1K | -46 | Closed |
|
IBP Hedge Fund Activity: Q1 2016 in Review
121 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Installed Building Products (IBP) for Q1 2016, worth a combined $529M — up 3.2% from $513M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new IBP positions and 13 closed out — a net gain of 8 holders — while 44 added to existing stakes and 35 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $4.19M. The largest seller was Wasatch Advisors, cutting an estimated $8.85M.
- 121 institutional investors held Installed Building Products (IBP) as of Q1 2016, up from 114 in Q4 2015.
- Funds reported $529M of Installed Building Products stock for Q1 2016, up 3.2% quarter-over-quarter.
- 21 funds opened new Installed Building Products positions in Q1 2016 and 13 closed out, a net change of +8 holders.
- The largest Installed Building Products buyer in Q1 2016 was Fidelity Investments, an estimated $4.19M added.
- The largest Installed Building Products seller in Q1 2016 was Wasatch Advisors, an estimated $8.85M sold.
Based on aggregated 13F filings for Q1 2016.