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Installed Building Products

114 hedge funds and large institutions have $513M invested in Installed Building Products in 2015 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 33 increasing their positions, 31 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

27% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 26

7% more funds holding

Funds holding: 107114 (+7)

3.32% more ownership

Funds ownership: 62.57%65.89% (+3.3%)

6% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 31

4% more capital invested

Capital invested by funds: $495M → $513M (+$17.8M)

Holders
114
Holders Change
+7
Holders Change %
+6.54%
% of All Funds
2.99%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
33
Increased
33
Reduced
31
Closed
26
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SHIM
1
Spruce House Investment Management
New York
$42.5M
Capital World Investors
2
Capital World Investors
California
$42.3M
WA
3
Wasatch Advisors
Utah
$37.6M +$3.95M +163,273 +12%
GC
4
GMT Capital
Georgia
$35.5M -$7.85M -324,105 -18%
BFA
5
BlackRock Fund Advisors
California
$29.1M +$15.8M +653,846 +127%
Westfield Capital Management
6
Westfield Capital Management
Massachusetts
$26M +$2.1M +86,793 +9%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$21M +$5.69M +234,865 +38%
Invesco
8
Invesco
Georgia
$19.7M -$855K -35,288 -4%
Allianz Asset Management
9
Allianz Asset Management
Germany
$18.4M +$1.27M +52,630 +8%
Vanguard Group
10
Vanguard Group
Pennsylvania
$18.2M +$3.32M +137,182 +23%
Principal Financial Group
11
Principal Financial Group
Iowa
$17.4M +$3.05M +126,118 +22%
UBS Group
12
UBS Group
Switzerland
$14.6M -$514K -21,226 -3%
EMFAT
13
Emerald Mutual Fund Advisers Trust
Pennsylvania
$14.3M +$7.19M +297,031 +106%
EA
14
Emerald Advisers
Pennsylvania
$13.8M +$6.49M +267,853 +93%
State Street
15
State Street
Massachusetts
$13.5M +$6.04M +249,220 +85%
CCM
16
Corsair Capital Management
New York
$12.8M -$2.28M -94,340 -16%
BIT
17
BlackRock Institutional Trust
California
$10.5M +$1.06M +43,808 +12%
CRIM
18
Castle Ridge Investment Management
Connecticut
$8.4M +$8.19M +338,161 New
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$7.82M +$2.73M +112,556 +56%
RA
20
Royce & Associates
New York
$7.07M -$1.81M -74,726 -21%
HRCM
21
Hawk Ridge Capital Management
California
$6.08M +$727K +30,000 +14%
Renaissance Technologies
22
Renaissance Technologies
New York
$6.06M +$14.5K +600 +0.2%
PC
23
Pier Capital
Connecticut
$6.03M -$92.1K -3,804 -2%
Ameriprise
24
Ameriprise
Minnesota
$5.97M -$818K -33,791 -12%
American Century Companies
25
American Century Companies
Missouri
$5.61M -$97.1K -4,010 -2%

IBP Hedge Fund Activity: Q4 2015 in Review

114 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Installed Building Products (IBP) for Q4 2015, worth a combined $513M — up 3.6% from $495M a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new IBP positions and 26 closed out — a net gain of 7 holders — while 33 added to existing stakes and 31 trimmed.

The largest buyer was BlackRock Fund Advisors, adding an estimated $15.8M. The largest seller was GMT Capital, cutting an estimated $7.85M.

  • 114 institutional investors held Installed Building Products (IBP) as of Q4 2015, up from 107 in Q3 2015.
  • Funds reported $513M of Installed Building Products stock for Q4 2015, up 3.6% quarter-over-quarter.
  • 33 funds opened new Installed Building Products positions in Q4 2015 and 26 closed out, a net change of +7 holders.
  • The largest Installed Building Products buyer in Q4 2015 was BlackRock Fund Advisors, an estimated $15.8M added.
  • The largest Installed Building Products seller in Q4 2015 was GMT Capital, an estimated $7.85M sold.

Based on aggregated 13F filings for Q4 2015.