Installed Building Products
IBP
135 hedge funds and large institutions have $730M invested in Installed Building Products in 2018 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 44 increasing their positions, 42 reducing their positions, and 28 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 42
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 28
1.4% less ownership
Funds ownership: 70.8% → 69.4% (-1.4%)
2% less funds holding
Funds holding: 138 → 135 (-3)
16% less capital invested
Capital invested by funds: $873M → $730M (-$142M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $33K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
+$17.2M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$4.28M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.84M |
| 4 |
Millennium Management
New York
|
+$3.46M |
| 5 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
+$3.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$26.5M |
| 2 |
Morgan Stanley
New York
|
-$9.5M |
| 3 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$5.61M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$4.76M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$4.4M |
IBP Hedge Fund Activity: Q4 2018 in Review
135 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Installed Building Products (IBP) for Q4 2018, worth a combined $730M — down 16% from $873M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of IBP and 26 opened new positions — a net loss of 2 holders — while 42 trimmed existing stakes and 44 added.
The largest buyer was GMT Capital, opening a new position worth an estimated $17.2M. The largest seller was Wellington Management Group, cutting an estimated $26.5M.
- 135 institutional investors held Installed Building Products (IBP) as of Q4 2018, down from 138 in Q3 2018.
- Funds reported $730M of Installed Building Products stock for Q4 2018, down 16% quarter-over-quarter.
- 26 funds opened new Installed Building Products positions in Q4 2018 and 28 closed out, a net change of -2 holders.
- The largest Installed Building Products buyer in Q4 2018 was GMT Capital, an estimated $17.2M added.
- The largest Installed Building Products seller in Q4 2018 was Wellington Management Group, an estimated $26.5M sold.
Based on aggregated 13F filings for Q4 2018.