Installed Building Products
171 hedge funds and large institutions have $816M invested in Installed Building Products in 2020 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 68 increasing their positions, 63 reducing their positions, and 56 closing their positions.
220% more call options, than puts
Call options by funds: $927K | Put options by funds: $290K
8% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 63
3.01% less ownership
Funds ownership: 71.18% → 68.16% (-3%)
18% less funds holding
Funds holding: 208 → 171 (-37)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
46% less capital invested
Capital invested by funds: $1.52B → $816M (-$701M)
63% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 56
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$21.8M |
| 2 |
BAMCO Inc
New York
|
+$14.5M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$10M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$8.94M |
| 5 |
BGC
Blue Grotto Capital
Atlanta,
Georgia
|
+$7.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CTA
Carillon Tower Advisers
St. Petersburg,
Florida
|
-$29M |
| 2 |
SHIM
Spruce House Investment Management
New York
|
-$27.7M |
| 3 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$18.4M |
| 4 |
Morgan Stanley
New York
|
-$14.9M |
| 5 |
Goldman Sachs
New York
|
-$11.1M |
IBP Hedge Fund Activity: Q1 2020 in Review
171 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Installed Building Products (IBP) for Q1 2020, worth a combined $816M — down 46% from $1.52B a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of IBP and 21 opened new positions — a net loss of 35 holders — while 63 trimmed existing stakes and 68 added.
The largest buyer was Hawk Ridge Capital Management, opening a new position worth an estimated $21.8M. The largest seller was Carillon Tower Advisers, cutting an estimated $29M.
- 171 institutional investors held Installed Building Products (IBP) as of Q1 2020, down from 208 in Q4 2019.
- Funds reported $816M of Installed Building Products stock for Q1 2020, down 46% quarter-over-quarter.
- 21 funds opened new Installed Building Products positions in Q1 2020 and 56 closed out, a net change of -35 holders.
- The largest Installed Building Products buyer in Q1 2020 was Hawk Ridge Capital Management, an estimated $21.8M added.
- The largest Installed Building Products seller in Q1 2020 was Carillon Tower Advisers, an estimated $29M sold.
Based on aggregated 13F filings for Q1 2020.