Installed Building Products
139 hedge funds and large institutions have $868M invested in Installed Building Products in 2016 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 49 increasing their positions, 46 reducing their positions, and 19 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
27% more call options, than puts
Call options by funds: $457K | Put options by funds: $359K
13% more capital invested
Capital invested by funds: $771M → $868M (+$96.6M)
7% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 46
0% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 19
1.52% less ownership
Funds ownership: 68.23% → 66.71% (-1.5%)
2% less funds holding
Funds holding: 142 → 139 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHIM
Spruce House Investment Management
New York
|
+$14.2M |
| 2 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
+$11.5M |
| 3 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
+$6.91M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.1M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
-$14.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.41M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$7.43M |
| 4 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$5.92M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$3.57M |
IBP Hedge Fund Activity: Q4 2016 in Review
139 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Installed Building Products (IBP) for Q4 2016, worth a combined $868M — up 13% from $771M a quarter earlier.
Fund positioning in IBP was balanced in Q4 2016: 19 funds opened new positions, 19 closed out, 49 added to existing stakes and 46 trimmed.
The largest buyer was Spruce House Investment Management, adding an estimated $14.2M. The largest seller was GMT Capital, cutting an estimated $14.5M.
- 139 institutional investors held Installed Building Products (IBP) as of Q4 2016, down from 142 in Q3 2016.
- Funds reported $868M of Installed Building Products stock for Q4 2016, up 13% quarter-over-quarter.
- 19 funds opened new Installed Building Products positions in Q4 2016 and 19 closed out, a net change of 0 holders.
- The largest Installed Building Products buyer in Q4 2016 was Spruce House Investment Management, an estimated $14.2M added.
- The largest Installed Building Products seller in Q4 2016 was GMT Capital, an estimated $14.5M sold.
Based on aggregated 13F filings for Q4 2016.