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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.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+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: 6169 (+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

Holders
69
Holders Change
+8
Holders Change %
+13.11%
% of All Funds
1.84%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.08%
New
18
Increased
20
Reduced
23
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Capital World Investors
1
Capital World Investors
California
$36.9M
Invesco
2
Invesco
Georgia
$35.2M +$209K +13,000 +0.7%
SHIM
3
Spruce House Investment Management
New York
$30.5M +$27.5M +1,710,600 New
GC
4
GMT Capital
Georgia
$28.5M +$3.98M +247,189 +14%
WA
5
Wasatch Advisors
Utah
$28.1M -$49.7K -3,091 -0.2%
CCM
6
Corsair Capital Management
New York
$20.7M -$376K -23,355 -2%
RA
7
Royce & Associates
New York
$14.5M -$851K -52,897 -6%
Ameriprise
8
Ameriprise
Minnesota
$11.8M -$176K -10,921 -2%
Principal Financial Group
9
Principal Financial Group
Iowa
$9.24M -$187K -11,600 -2%
Citadel Advisors
10
Citadel Advisors
Florida
$8.65M -$5.25M -326,190 -40%
PI
11
Putnam Investments
Massachusetts
$8.47M -$51.5K -3,200 -0.7%
Vanguard Group
12
Vanguard Group
Pennsylvania
$7.56M +$706K +43,871 +12%
UBS Group
13
UBS Group
Switzerland
$6.64M +$6M +372,945 New
HRCM
14
Hawk Ridge Capital Management
California
$6.63M
JAM
15
Jupiter Asset Management
United Kingdom
$5.7M +$962K +59,800 +23%
Fidelity Investments
16
Fidelity Investments
Massachusetts
$5.59M +$5.05M +313,960 New
BFA
17
BlackRock Fund Advisors
California
$4.35M +$596K +37,051 +18%
GC
18
Gratia Capital
California
$4.2M -$2.01M -124,909 -35%
CCM
19
Coliseum Capital Management
Connecticut
$3.86M +$3.48M +216,478 New
AIM
20
AMI Investment Management
Indiana
$3.81M -$4.02K -250 -0.1%
BCM
21
Basswood Capital Management
New York
$3.8M -$2.12M -131,491 -38%
SH
22
Scepter Holdings
Texas
$3.19M -$2.2M -136,560 -43%
MFP
23
Michael F. Price
$2.67M
State Street
24
State Street
Massachusetts
$2.47M +$28.8K +1,788 +1%
DCM
25
Driehaus Capital Management
Illinois
$2.36M +$2.13M +132,304 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.