Installed Building Products
270 hedge funds and large institutions have $3.38B invested in Installed Building Products in 2023 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 97 increasing their positions, 95 reducing their positions, and 40 closing their positions.
27% more capital invested
Capital invested by funds: $2.67B → $3.38B (+$708M)
18% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 40
3% more funds holding
Funds holding: 263 → 270 (+7)
2.11% more ownership
Funds ownership: 82.76% → 84.87% (+2.1%)
2% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 95
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
53% less call options, than puts
Call options by funds: $4.13M | Put options by funds: $8.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$35.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$28.8M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$25.6M |
| 4 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
+$25.2M |
| 5 |
BAMCO Inc
New York
|
+$22.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$25.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$21.8M |
| 3 |
BlackRock
New York
|
-$20.2M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$10.1M |
| 5 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
-$7.58M |
IBP Hedge Fund Activity: Q2 2023 in Review
270 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Installed Building Products (IBP) for Q2 2023, worth a combined $3.38B — up 27% from $2.67B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new IBP positions and 40 closed out — a net gain of 7 holders — while 97 added to existing stakes and 95 trimmed.
The largest buyer was T. Rowe Price Investment Management, opening a new position worth an estimated $35.2M. The largest seller was Millennium Management, cutting an estimated $25.1M.
- 270 institutional investors held Installed Building Products (IBP) as of Q2 2023, up from 263 in Q1 2023.
- Funds reported $3.38B of Installed Building Products stock for Q2 2023, up 27% quarter-over-quarter.
- 47 funds opened new Installed Building Products positions in Q2 2023 and 40 closed out, a net change of +7 holders.
- The largest Installed Building Products buyer in Q2 2023 was T. Rowe Price Investment Management, an estimated $35.2M added.
- The largest Installed Building Products seller in Q2 2023 was Millennium Management, an estimated $25.1M sold.
Based on aggregated 13F filings for Q2 2023.