Installed Building Products
206 hedge funds and large institutions have $2.18B invested in Installed Building Products in 2020 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 64 increasing their positions, 78 reducing their positions, and 19 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
95% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 19
63% more call options, than puts
Call options by funds: $13.8M | Put options by funds: $8.44M
54% more capital invested
Capital invested by funds: $1.41B → $2.18B (+$767M)
9% more funds holding
Funds holding: 189 → 206 (+17)
3% more ownership
Funds ownership: 68.78% → 71.78% (+3%)
18% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 78
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$85.6M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$34.4M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$22.6M |
| 4 |
BlackRock
New York
|
+$10.9M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$8.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
-$14.1M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$14.1M |
| 3 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$11.8M |
| 4 |
Renaissance Technologies
New York
|
-$9.77M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$7.79M |
IBP Hedge Fund Activity: Q3 2020 in Review
206 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Installed Building Products (IBP) for Q3 2020, worth a combined $2.18B — up 54% from $1.41B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new IBP positions and 19 closed out — a net gain of 18 holders — while 64 added to existing stakes and 78 trimmed.
The largest buyer was Invesco, adding an estimated $85.6M. The largest seller was GMT Capital, exiting entirely with an estimated $14.1M sold.
- 206 institutional investors held Installed Building Products (IBP) as of Q3 2020, up from 189 in Q2 2020.
- Funds reported $2.18B of Installed Building Products stock for Q3 2020, up 54% quarter-over-quarter.
- 37 funds opened new Installed Building Products positions in Q3 2020 and 19 closed out, a net change of +18 holders.
- The largest Installed Building Products buyer in Q3 2020 was Invesco, an estimated $85.6M added.
- The largest Installed Building Products seller in Q3 2020 was GMT Capital, an estimated $14.1M sold.
Based on aggregated 13F filings for Q3 2020.