Installed Building Products
390 hedge funds and large institutions have $5.21B invested in Installed Building Products in 2024 Q2 according to their latest regulatory filings, with 61 funds opening new positions, 141 increasing their positions, 144 reducing their positions, and 51 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
20% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 51
2.08% more ownership
Funds ownership: 87.67% → 89.75% (+2.1%)
1% more funds holding
Funds holding: 386 → 390 (+4)
2% less repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 144
19% less capital invested
Capital invested by funds: $6.43B → $5.21B (-$1.22B)
22% less call options, than puts
Call options by funds: $11.4M | Put options by funds: $14.6M
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$98.9M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$57.9M |
| 3 |
Neuberger Berman Group
New York
|
+$30.9M |
| 4 |
Millennium Management
New York
|
+$25.7M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$25.7M |
Top Sellers
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$71.4M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$61.7M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$52.7M |
| 4 |
BAMCO Inc
New York
|
-$30.2M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$23.1M |
IBP Hedge Fund Activity: Q2 2024 in Review
390 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Installed Building Products (IBP) for Q2 2024, worth a combined $5.21B — down 19% from $6.43B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new IBP positions and 51 closed out — a net gain of 10 holders — while 141 added to existing stakes and 144 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $98.9M. The largest seller was Wasatch Advisors, exiting entirely with an estimated $71.4M sold.
- 390 institutional investors held Installed Building Products (IBP) as of Q2 2024, up from 386 in Q1 2024.
- Funds reported $5.21B of Installed Building Products stock for Q2 2024, down 19% quarter-over-quarter.
- 61 funds opened new Installed Building Products positions in Q2 2024 and 51 closed out, a net change of +10 holders.
- The largest Installed Building Products buyer in Q2 2024 was Fidelity Investments, an estimated $98.9M added.
- The largest Installed Building Products seller in Q2 2024 was Wasatch Advisors, an estimated $71.4M sold.
Based on aggregated 13F filings for Q2 2024.