Installed Building Products
IBP
263 hedge funds and large institutions have $2.67B invested in Installed Building Products in 2023 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 94 increasing their positions, 76 reducing their positions, and 27 closing their positions.
133% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 27
39% more capital invested
Capital invested by funds: $1.92B → $2.67B (+$750M)
24% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 76
15% more funds holding
Funds holding: 228 → 263 (+35)
1.67% more ownership
Funds ownership: 81.09% → 82.76% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
58% less call options, than puts
Call options by funds: $798K | Put options by funds: $1.88M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$51.2M |
| 2 |
BlackRock
New York
|
+$43.7M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$34.8M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$18.3M |
| 5 |
LIP
Liontrust Investment Partners
London,
United Kingdom
|
+$11.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$79.6M |
| 2 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$64.7M |
| 3 |
BAMCO Inc
New York
|
-$48.4M |
| 4 |
Swedbank
Stockholm,
Sweden
|
-$16.2M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$10.6M |
IBP Hedge Fund Activity: Q1 2023 in Review
263 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Installed Building Products (IBP) for Q1 2023, worth a combined $2.67B — up 39% from $1.92B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new IBP positions and 27 closed out — a net gain of 36 holders — while 94 added to existing stakes and 76 trimmed.
The largest buyer was Fuller & Thaler Asset Management, opening a new position worth an estimated $51.2M. The largest seller was Invesco, cutting an estimated $79.6M.
- 263 institutional investors held Installed Building Products (IBP) as of Q1 2023, up from 228 in Q4 2022.
- Funds reported $2.67B of Installed Building Products stock for Q1 2023, up 39% quarter-over-quarter.
- 63 funds opened new Installed Building Products positions in Q1 2023 and 27 closed out, a net change of +36 holders.
- The largest Installed Building Products buyer in Q1 2023 was Fuller & Thaler Asset Management, an estimated $51.2M added.
- The largest Installed Building Products seller in Q1 2023 was Invesco, an estimated $79.6M sold.
Based on aggregated 13F filings for Q1 2023.