Installed Building Products
142 hedge funds and large institutions have $771M invested in Installed Building Products in 2016 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 57 increasing their positions, 43 reducing their positions, and 26 closing their positions.
110% more call options, than puts
Call options by funds: $521K | Put options by funds: $248K
33% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 43
9% more capital invested
Capital invested by funds: $710M → $771M (+$61.3M)
6.1% more ownership
Funds ownership: 62.13% → 68.23% (+6.1%)
8% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 26
1% less funds holding
Funds holding: 144 → 142 (-2)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$17.6M |
| 2 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
+$16.2M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
+$16M |
| 4 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$13M |
| 5 |
ECP
Elk Creek Partners
Denver,
Colorado
|
+$9.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
-$25.9M |
| 2 |
Millennium Management
New York
|
-$7.3M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$3.48M |
| 4 |
Renaissance Technologies
New York
|
-$2.56M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$2.46M |
IBP Hedge Fund Activity: Q3 2016 in Review
142 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Installed Building Products (IBP) for Q3 2016, worth a combined $771M — up 8.6% from $710M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of IBP and 24 opened new positions — a net loss of 2 holders — while 43 trimmed existing stakes and 57 added.
The largest buyer was Waddell & Reed Financial, adding an estimated $17.6M. The largest seller was GMT Capital, cutting an estimated $25.9M.
- 142 institutional investors held Installed Building Products (IBP) as of Q3 2016, down from 144 in Q2 2016.
- Funds reported $771M of Installed Building Products stock for Q3 2016, up 8.6% quarter-over-quarter.
- 24 funds opened new Installed Building Products positions in Q3 2016 and 26 closed out, a net change of -2 holders.
- The largest Installed Building Products buyer in Q3 2016 was Waddell & Reed Financial, an estimated $17.6M added.
- The largest Installed Building Products seller in Q3 2016 was GMT Capital, an estimated $25.9M sold.
Based on aggregated 13F filings for Q3 2016.