Installed Building Products
IBP
170 hedge funds and large institutions have $1.19B invested in Installed Building Products in 2019 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 63 increasing their positions, 43 reducing their positions, and 8 closing their positions.
275% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 8
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
47% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 43
15% more funds holding
Funds holding: 148 → 170 (+22)
0.53% less ownership
Funds ownership: 69.52% → 68.99% (-0.53%)
4% less capital invested
Capital invested by funds: $1.24B → $1.19B (-$47.7M)
94% less call options, than puts
Call options by funds: $654K | Put options by funds: $11.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$9.68M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$7.48M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$7.25M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$6.48M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$6.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHIM
Spruce House Investment Management
New York
|
-$46M |
| 2 |
Neuberger Berman Group
New York
|
-$28.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.8M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$8.03M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$5.42M |
IBP Hedge Fund Activity: Q3 2019 in Review
170 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Installed Building Products (IBP) for Q3 2019, worth a combined $1.19B — down 3.9% from $1.24B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new IBP positions and 8 closed out — a net gain of 22 holders — while 63 added to existing stakes and 43 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $9.68M. The largest seller was Spruce House Investment Management, cutting an estimated $46M.
- 170 institutional investors held Installed Building Products (IBP) as of Q3 2019, up from 148 in Q2 2019.
- Funds reported $1.19B of Installed Building Products stock for Q3 2019, down 3.9% quarter-over-quarter.
- 30 funds opened new Installed Building Products positions in Q3 2019 and 8 closed out, a net change of +22 holders.
- The largest Installed Building Products buyer in Q3 2019 was JP Morgan Chase, an estimated $9.68M added.
- The largest Installed Building Products seller in Q3 2019 was Spruce House Investment Management, an estimated $46M sold.
Based on aggregated 13F filings for Q3 2019.