Installed Building Products
151 hedge funds and large institutions have $1.11B invested in Installed Building Products in 2017 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 63 increasing their positions, 42 reducing their positions, and 23 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 42
22% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 23
3% more funds holding
Funds holding: 147 → 151 (+4)
1.39% more ownership
Funds ownership: 64.25% → 65.64% (+1.4%)
3% more capital invested
Capital invested by funds: $1.08B → $1.11B (+$30.8M)
7% less call options, than puts
Call options by funds: $286K | Put options by funds: $307K
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHIM
Spruce House Investment Management
New York
|
+$36.9M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$14.1M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$9.13M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$6.05M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$20.2M |
| 2 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
-$16.1M |
| 3 |
ECP
Elk Creek Partners
Denver,
Colorado
|
-$8.37M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$7.86M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$6.34M |
IBP Hedge Fund Activity: Q2 2017 in Review
151 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Installed Building Products (IBP) for Q2 2017, worth a combined $1.11B — up 2.9% from $1.08B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new IBP positions and 23 closed out — a net gain of 5 holders — while 63 added to existing stakes and 42 trimmed.
The largest buyer was Spruce House Investment Management, adding an estimated $36.9M. The largest seller was Invesco, cutting an estimated $20.2M.
- 151 institutional investors held Installed Building Products (IBP) as of Q2 2017, up from 147 in Q1 2017.
- Funds reported $1.11B of Installed Building Products stock for Q2 2017, up 2.9% quarter-over-quarter.
- 28 funds opened new Installed Building Products positions in Q2 2017 and 23 closed out, a net change of +5 holders.
- The largest Installed Building Products buyer in Q2 2017 was Spruce House Investment Management, an estimated $36.9M added.
- The largest Installed Building Products seller in Q2 2017 was Invesco, an estimated $20.2M sold.
Based on aggregated 13F filings for Q2 2017.