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Installed Building Products

163 hedge funds and large institutions have $1.38B invested in Installed Building Products in 2017 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 68 increasing their positions, 51 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

615% more call options, than puts

Call options by funds: $3.81M | Put options by funds: $532K

130% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 10

33% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 51

25% more capital invested

Capital invested by funds: $1.11B → $1.38B (+$275M)

8% more funds holding

Funds holding: 151163 (+12)

1.34% more ownership

Funds ownership: 65.64%66.97% (+1.3%)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
163
Holders Change
+12
Holders Change %
+7.95%
% of All Funds
4.06%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.07%
New
23
Increased
68
Reduced
51
Closed
10
Calls
$3.81M
Puts
$532K
Net Calls
+$3.27M
Net Calls Change
+$3.29M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$192M +$7.76M +138,381 +5%
SHIM
2
Spruce House Investment Management
New York
$181M
Capital World Investors
3
Capital World Investors
California
$80.3M -$3.92M -70,000 -5%
Vanguard Group
4
Vanguard Group
Pennsylvania
$72.5M +$4.05M +72,341 +7%
Westfield Capital Management
5
Westfield Capital Management
Massachusetts
$59.7M -$18.5M -330,483 -26%
WA
6
Wasatch Advisors
Utah
$55.2M -$14.1M -252,442 -23%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$55.2M +$2.41M +42,938 +5%
WRF
8
Waddell & Reed Financial
Kansas
$47.4M +$428K +7,634 +1%
EA
9
Emerald Advisers
Pennsylvania
$45.3M -$2.34M -41,720 -6%
PNC Financial Services Group
10
PNC Financial Services Group
Pennsylvania
$38.1M +$29.5M +527,192 +862%
EMFAT
11
Emerald Mutual Fund Advisers Trust
Pennsylvania
$37.2M -$7.91M -141,132 -20%
State Street
12
State Street
Massachusetts
$36.4M -$1.26M -22,462 -4%
Loomis, Sayles & Company
13
Loomis, Sayles & Company
Massachusetts
$28.4M -$746K -13,309 -3%
Principal Financial Group
14
Principal Financial Group
Iowa
$28.1M -$525K -9,365 -2%
Wellington Management Group
15
Wellington Management Group
Massachusetts
$25.9M +$17.1M +305,711 +325%
PM
16
Pembroke Management
Quebec, Canada
$22.7M -$1.6M -28,600 -8%
Northern Trust
17
Northern Trust
Illinois
$18M -$99.5K -1,775 -0.6%
Russell Investments Group
18
Russell Investments Group
United Kingdom
$16.7M +$7.84M +139,833 +119%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$16.4M +$676K +12,068 +5%
NSLI
20
Nan Shan Life Insurance
Taiwan
$16.3M +$14.1M +251,000 New
Stifel Financial
21
Stifel Financial
Missouri
$15.1M +$3.13M +55,924 +32%
TA
22
Teachers Advisors
New York
$15.1M -$27.4K -489 -0.2%
Fidelity Investments
23
Fidelity Investments
Massachusetts
$14.8M -$4.17M -74,400 -25%
Allianz Asset Management
24
Allianz Asset Management
Germany
$13M -$1.3M -23,131 -10%
RCMC
25
RK Capital Management (Colorado)
Colorado
$11.5M -$3.54M -63,200 -26%

IBP Hedge Fund Activity: Q3 2017 in Review

163 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Installed Building Products (IBP) for Q3 2017, worth a combined $1.38B — up 25% from $1.11B a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new IBP positions and 10 closed out — a net gain of 13 holders — while 68 added to existing stakes and 51 trimmed.

The largest buyer was PNC Financial Services Group, adding an estimated $29.5M. The largest seller was Westfield Capital Management, cutting an estimated $18.5M.

  • 163 institutional investors held Installed Building Products (IBP) as of Q3 2017, up from 151 in Q2 2017.
  • Funds reported $1.38B of Installed Building Products stock for Q3 2017, up 25% quarter-over-quarter.
  • 23 funds opened new Installed Building Products positions in Q3 2017 and 10 closed out, a net change of +13 holders.
  • The largest Installed Building Products buyer in Q3 2017 was PNC Financial Services Group, an estimated $29.5M added.
  • The largest Installed Building Products seller in Q3 2017 was Westfield Capital Management, an estimated $18.5M sold.

Based on aggregated 13F filings for Q3 2017.