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Installed Building Products

138 hedge funds and large institutions have $873M invested in Installed Building Products in 2018 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 69 increasing their positions, 31 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

123% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 31

0.22% more ownership

Funds ownership: 70.58%70.8% (+0.22%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

15% less funds holding

Funds holding: 162138 (-24)

22% less call options, than puts

Call options by funds: $300K | Put options by funds: $386K

31% less capital invested

Capital invested by funds: $1.26B → $873M (-$389M)

62% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 37

Holders
138
Holders Change
-24
Holders Change %
-14.81%
% of All Funds
3.16%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
14
Increased
69
Reduced
31
Closed
37
Calls
$300K
Puts
$386K
Net Calls
-$86K
Net Calls Change
-$1.22M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$131M +$9.05M +179,725 +6%
SHIM
2
Spruce House Investment Management
New York
$109M
Vanguard Group
3
Vanguard Group
Pennsylvania
$84.6M +$7.2M +142,853 +7%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$71M +$16.4M +325,792 +22%
BAMCO Inc
5
BAMCO Inc
New York
$54.9M -$419K -8,315 -0.6%
WHG
6
Westwood Holdings Group
Texas
$42.5M +$9.6M +190,596 +21%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$35M +$93.3K +1,853 +0.2%
WRF
8
Waddell & Reed Financial
Kansas
$31.7M +$55.2K +1,096 +0.1%
Neuberger Berman Group
9
Neuberger Berman Group
New York
$30.8M +$4.04M +80,105 +11%
State Street
10
State Street
Massachusetts
$27.5M +$919K +18,238 +3%
PM
11
Pembroke Management
Quebec, Canada
$20.9M +$9.22M +183,083 +52%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$20.5M +$5.04M +99,986 +23%
GKIM
13
GW&K Investment Management
Massachusetts
$19.1M +$48.8K +969 +0.2%
PNC Financial Services Group
14
PNC Financial Services Group
Pennsylvania
$18.2M -$937K -18,594 -4%
Morgan Stanley
15
Morgan Stanley
New York
$16.2M +$5.63M +111,792 +37%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$13.5M +$351K +6,977 +2%
Northern Trust
17
Northern Trust
Illinois
$11.4M +$613K +12,175 +4%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$8.19M +$413K +8,191 +4%
Principal Financial Group
19
Principal Financial Group
Iowa
$6.97M +$813K +16,144 +10%
Goldman Sachs
20
Goldman Sachs
New York
$6.2M -$10.8K -215 -0.1%
Millennium Management
21
Millennium Management
New York
$5.95M +$5.08M +100,846 +195%
Norges Bank
22
Norges Bank
Norway
$5.85M +$1.05M +20,746 +16%
KCM
23
Kornitzer Capital Management
Kansas
$5.61M +$1.33M +26,435 +23%
Bank of America
24
Bank of America
North Carolina
$5.02M -$263K -5,218 -4%
Ameriprise
25
Ameriprise
Minnesota
$4.85M -$5.89M -116,945 -48%

IBP Hedge Fund Activity: Q3 2018 in Review

138 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Installed Building Products (IBP) for Q3 2018, worth a combined $873M — down 31% from $1.26B a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of IBP and 14 opened new positions — a net loss of 23 holders — while 31 trimmed existing stakes and 69 added.

The largest buyer was Wellington Management Group, adding an estimated $16.4M. The largest seller was Loomis, Sayles & Company, exiting entirely with an estimated $24M sold.

  • 138 institutional investors held Installed Building Products (IBP) as of Q3 2018, down from 162 in Q2 2018.
  • Funds reported $873M of Installed Building Products stock for Q3 2018, down 31% quarter-over-quarter.
  • 14 funds opened new Installed Building Products positions in Q3 2018 and 37 closed out, a net change of -23 holders.
  • The largest Installed Building Products buyer in Q3 2018 was Wellington Management Group, an estimated $16.4M added.
  • The largest Installed Building Products seller in Q3 2018 was Loomis, Sayles & Company, an estimated $24M sold.

Based on aggregated 13F filings for Q3 2018.