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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.

New
Increased
Maintained
Reduced
Closed

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: 114121 (+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: 32 (-1)

Holders
121
Holders Change
+7
Holders Change %
+6.14%
% of All Funds
3.22%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
21
Increased
44
Reduced
35
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SHIM
1
Spruce House Investment Management
New York
$45.5M
Capital World Investors
2
Capital World Investors
California
$45.3M
GC
3
GMT Capital
Georgia
$38.1M
BFA
4
BlackRock Fund Advisors
California
$30.4M -$613K -27,824 -2%
WA
5
Wasatch Advisors
Utah
$29.6M -$8.85M -401,789 -27%
Westfield Capital Management
6
Westfield Capital Management
Massachusetts
$28.9M +$862K +39,120 +4%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$27.6M +$4.19M +189,941 +22%
Invesco
8
Invesco
Georgia
$23.6M +$2.06M +93,494 +12%
Vanguard Group
9
Vanguard Group
Pennsylvania
$20.2M +$625K +28,355 +4%
EMFAT
10
Emerald Mutual Fund Advisers Trust
Pennsylvania
$18.4M +$2.52M +114,129 +20%
UBS Group
11
UBS Group
Switzerland
$18.4M +$2.3M +104,493 +18%
Allianz Asset Management
12
Allianz Asset Management
Germany
$17.8M -$1.59M -72,337 -10%
EA
13
Emerald Advisers
Pennsylvania
$15.9M +$904K +41,023 +7%
Principal Financial Group
14
Principal Financial Group
Iowa
$15.1M -$2.98M -135,068 -19%
State Street
15
State Street
Massachusetts
$13.7M -$611K -27,734 -5%
CCM
16
Corsair Capital Management
New York
$11.8M -$1.59M -72,284 -14%
BIT
17
BlackRock Institutional Trust
California
$11.3M +$43.4K +1,968 +0.5%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$10.8M +$2M +90,597 +29%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$9.15M +$3.14M +142,614 +71%
RA
20
Royce & Associates
New York
$6.49M -$899K -40,813 -14%
Northern Trust
21
Northern Trust
Illinois
$5.94M +$78.7K +3,570 +2%
HRCM
22
Hawk Ridge Capital Management
California
$5.59M -$765K -34,694 -14%
PC
23
Pier Capital
Connecticut
$5.44M -$844K -38,285 -16%
CRIM
24
Castle Ridge Investment Management
Connecticut
$4.37M -$3.83M -173,882 -51%
BCM
25
Basswood Capital Management
New York
$4.37M

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.