Installed Building Products
IBP
209 hedge funds and large institutions have $2.94B invested in Installed Building Products in 2021 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 74 increasing their positions, 72 reducing their positions, and 41 closing their positions.
37% more call options, than puts
Call options by funds: $1.04M | Put options by funds: $759K
17% more capital invested
Capital invested by funds: $2.51B → $2.94B (+$434M)
4.6% more ownership
Funds ownership: 76.39% → 80.99% (+4.6%)
3% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 72
5% less funds holding
Funds holding: 220 → 209 (-11)
22% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 41
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPP
Findlay Park Partners
London,
United Kingdom
|
+$114M |
| 2 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$61.8M |
| 3 |
SAM
Silvercrest Asset Management
New York
|
+$60.1M |
| 4 |
BNP Paribas Asset Management
Paris,
France
|
+$47M |
| 5 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$32.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
-$26.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$26.5M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$25.8M |
| 4 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$25.3M |
| 5 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$24.5M |
IBP Hedge Fund Activity: Q2 2021 in Review
209 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Installed Building Products (IBP) for Q2 2021, worth a combined $2.94B — up 17% from $2.51B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of IBP and 32 opened new positions — a net loss of 9 holders — while 72 trimmed existing stakes and 74 added.
The largest buyer was Findlay Park Partners, opening a new position worth an estimated $114M. The largest seller was BAMCO Inc, cutting an estimated $26.8M.
- 209 institutional investors held Installed Building Products (IBP) as of Q2 2021, down from 220 in Q1 2021.
- Funds reported $2.94B of Installed Building Products stock for Q2 2021, up 17% quarter-over-quarter.
- 32 funds opened new Installed Building Products positions in Q2 2021 and 41 closed out, a net change of -9 holders.
- The largest Installed Building Products buyer in Q2 2021 was Findlay Park Partners, an estimated $114M added.
- The largest Installed Building Products seller in Q2 2021 was BAMCO Inc, an estimated $26.8M sold.
Based on aggregated 13F filings for Q2 2021.