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Installed Building Products

162 hedge funds and large institutions have $1.26B invested in Installed Building Products in 2018 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 63 increasing their positions, 51 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

371% more call options, than puts

Call options by funds: $1.44M | Put options by funds: $305K

24% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 51

1% more ownership

Funds ownership: 69.59%70.58% (+1%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4% less funds holding

Funds holding: 169162 (-7)

5% less capital invested

Capital invested by funds: $1.33B → $1.26B (-$69.8M)

28% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 25

Holders
162
Holders Change
-7
Holders Change %
-4.14%
% of All Funds
3.71%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
18
Increased
63
Reduced
51
Closed
25
Calls
$1.44M
Puts
$305K
Net Calls
+$1.13M
Net Calls Change
+$1.47M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$179M +$7.32M +123,489 +4%
SHIM
2
Spruce House Investment Management
New York
$158M
Vanguard Group
3
Vanguard Group
Pennsylvania
$115M +$27M +456,355 +29%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$84.5M +$19.6M +330,751 +28%
BAMCO Inc
5
BAMCO Inc
New York
$80M +$36.5M +615,502 +77%
WHG
6
Westwood Holdings Group
Texas
$50.9M +$7.56M +127,521 +17%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$50.7M +$798K +13,470 +2%
WRF
8
Waddell & Reed Financial
Kansas
$45.8M -$6.85M -115,590 -12%
Neuberger Berman Group
9
Neuberger Berman Group
New York
$40.2M +$178K +3,010 +0.4%
State Street
10
State Street
Massachusetts
$38.9M +$2.33M +39,362 +6%
GKIM
11
GW&K Investment Management
Massachusetts
$27.6M +$164K +2,769 +0.6%
PNC Financial Services Group
12
PNC Financial Services Group
Pennsylvania
$27.4M -$1.79M -30,277 -6%
Fidelity Investments
13
Fidelity Investments
Massachusetts
$24.1M +$15.2M +255,900 +150%
Loomis, Sayles & Company
14
Loomis, Sayles & Company
Massachusetts
$24M +$184K +3,106 +0.7%
PM
15
Pembroke Management
Quebec, Canada
$20M -$615K -10,377 -3%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$19.2M -$65.9K -1,112 -0.3%
Morgan Stanley
17
Morgan Stanley
New York
$17.1M -$19.1M -322,563 -52%
Stifel Financial
18
Stifel Financial
Missouri
$16.9M +$554K +9,348 +3%
Northern Trust
19
Northern Trust
Illinois
$15.9M +$440K +7,431 +3%
Ameriprise
20
Ameriprise
Minnesota
$13.6M -$938K -15,824 -6%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$11.4M +$1.55M +26,138 +15%
EA
22
Emerald Advisers
Pennsylvania
$10.9M -$9.53M -160,747 -45%
EMFAT
23
Emerald Mutual Fund Advisers Trust
Pennsylvania
$10.6M -$6.71M -113,170 -38%
Principal Financial Group
24
Principal Financial Group
Iowa
$9.19M -$395K -6,671 -4%
Goldman Sachs
25
Goldman Sachs
New York
$9M +$4.69M +79,082 +99%

IBP Hedge Fund Activity: Q2 2018 in Review

162 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Installed Building Products (IBP) for Q2 2018, worth a combined $1.26B — down 5.2% from $1.33B a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of IBP and 18 opened new positions — a net loss of 7 holders — while 51 trimmed existing stakes and 63 added.

The largest buyer was BAMCO Inc, adding an estimated $36.5M. The largest seller was Westfield Capital Management, exiting entirely with an estimated $37.3M sold.

  • 162 institutional investors held Installed Building Products (IBP) as of Q2 2018, down from 169 in Q1 2018.
  • Funds reported $1.26B of Installed Building Products stock for Q2 2018, down 5.2% quarter-over-quarter.
  • 18 funds opened new Installed Building Products positions in Q2 2018 and 25 closed out, a net change of -7 holders.
  • The largest Installed Building Products buyer in Q2 2018 was BAMCO Inc, an estimated $36.5M added.
  • The largest Installed Building Products seller in Q2 2018 was Westfield Capital Management, an estimated $37.3M sold.

Based on aggregated 13F filings for Q2 2018.