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Installed Building Products

151 hedge funds and large institutions have $1.03B invested in Installed Building Products in 2019 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 38 increasing their positions, 51 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

217% more call options, than puts

Call options by funds: $228K | Put options by funds: $72K

106% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 16

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

41% more capital invested

Capital invested by funds: $730M → $1.03B (+$302M)

12% more funds holding

Funds holding: 135151 (+16)

1.76% more ownership

Funds ownership: 69.4%71.16% (+1.8%)

25% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 51

Holders
151
Holders Change
+16
Holders Change %
+11.85%
% of All Funds
3.27%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
33
Increased
38
Reduced
51
Closed
16
Calls
$228K
Puts
$72K
Net Calls
+$156K
Net Calls Change
+$189K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$161M -$226K -5,272 -0.2%
SHIM
2
Spruce House Investment Management
New York
$136M
Vanguard Group
3
Vanguard Group
Pennsylvania
$108M +$2.51M +58,483 +3%
BAMCO Inc
4
BAMCO Inc
New York
$72.8M +$4.28M +100,000 +7%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$47.6M -$3.32M -77,602 -7%
WHG
6
Westwood Holdings Group
Texas
$46.4M -$5.29M -123,550 -11%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$45.3M +$1.23M +28,782 +3%
WRF
8
Waddell & Reed Financial
Kansas
$39.3M +$368K +8,601 +1%
Neuberger Berman Group
9
Neuberger Berman Group
New York
$36M -$832K -19,425 -3%
State Street
10
State Street
Massachusetts
$32.2M -$1.14M -26,511 -4%
PM
11
Pembroke Management
Quebec, Canada
$26.6M +$1.67M +38,869 +8%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$24.3M -$5.78M -134,908 -21%
GC
13
GMT Capital
Georgia
$23.9M
PNC Financial Services Group
14
PNC Financial Services Group
Pennsylvania
$23M +$2.22M +51,840 +12%
Northern Trust
15
Northern Trust
Illinois
$14.1M -$94.2K -2,198 -0.8%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$12.5M -$4.26M -99,387 -28%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$12.3M +$732K +17,090 +7%
Millennium Management
18
Millennium Management
New York
$11.8M -$348K -8,118 -3%
Norges Bank
19
Norges Bank
Norway
$9.61M +$890K +20,785 +12%
Deutsche Bank
20
Deutsche Bank
Germany
$8.64M +$1.75M +40,787 +30%
Principal Financial Group
21
Principal Financial Group
Iowa
$8.16M -$393K -9,173 -5%
DCM
22
Driehaus Capital Management
Illinois
$6.6M +$5.83M +136,106 New
Goldman Sachs
23
Goldman Sachs
New York
$5.94M -$581K -13,565 -10%
Charles Schwab
24
Charles Schwab
California
$5.89M +$7.67K +179 +0.1%
Ameriprise
25
Ameriprise
Minnesota
$5.62M -$285K -6,645 -5%

IBP Hedge Fund Activity: Q1 2019 in Review

151 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Installed Building Products (IBP) for Q1 2019, worth a combined $1.03B — up 41% from $730M a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new IBP positions and 16 closed out — a net gain of 17 holders — while 38 added to existing stakes and 51 trimmed.

The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $5.83M. The largest seller was GW&K Investment Management, exiting entirely with an estimated $14.6M sold.

  • 151 institutional investors held Installed Building Products (IBP) as of Q1 2019, up from 135 in Q4 2018.
  • Funds reported $1.03B of Installed Building Products stock for Q1 2019, up 41% quarter-over-quarter.
  • 33 funds opened new Installed Building Products positions in Q1 2019 and 16 closed out, a net change of +17 holders.
  • The largest Installed Building Products buyer in Q1 2019 was Driehaus Capital Management, an estimated $5.83M added.
  • The largest Installed Building Products seller in Q1 2019 was GW&K Investment Management, an estimated $14.6M sold.

Based on aggregated 13F filings for Q1 2019.