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What smart money is saying about Installed Building ProductsUnited States flag

IBP · Consumer Cyclical · Residential Construction · Market cap $7.22B

2 funds in our archive have pitched Installed Building Products — most recently Artisan US Small Cap Growth Strategy in September 2025.

Company profile

Installed Building Products, Inc., together with its subsidiaries, engages in the installation of insulation for residential and commercial builders in the United States. It operates through three segments: Installation, Distribution, and Manufacturing Operations. The company offers a range of insulation materials, such as fiberglass and cellulose, and spray foam insulation materials. It is also involved in the installation of insulation and sealant materials in various areas of a structure, which includes basement and crawl space, building envelope, attic, and acoustical applications. In addition, the company installs a range of caulk and sealant products that control air infiltration in residential and commercial buildings; basic sliding door and complex custom designs; and custom designed mirrors, as well as closet shelving systems. Further, it installs and services garage doors and openers, including steel, aluminum, wood, and vinyl garage doors, as well as opener systems; installs waterproofing and caulking and moisture protection systems; offers sheet and hot applied waterproofing membrane, deck coating, bentonite, and air and vapor systems; and provides rain gutters installation services. Additionally, the company provides fire-stopping systems, including fire-rated joint assemblies, perimeter fire containment, and smoke and fire containment systems installation services; and cordless blinds, shades, and shutters installation services, as well as other complementary building products. It also distributes products and materials purchased wholesale from manufacturers, such as spray foam insulation, metal building insulation, residential insulation, and mechanical and fabricated Styrofoam insulation; and insulation products, including equipment, machines, and services. The company was formerly known as CCIB Holdco, Inc. Installed Building Products, Inc. was founded in 1977 and is based in Columbus, Ohio.

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Summarize with Warren AI
2
Reported positions
0
Bought
1
Sold
4
Letters

Position history

Between Q4 2024 and Q2 2026, 2 fund letters reported a position in Installed Building Products1 trimmed or exited.

Fund letters reporting a position in Installed Building Products, by quarter
QuarterLettersBoughtSoldTheses
Q2 20261000
Q1 20261010
Q3 20250001
Q4 20240001

Fund activity · 2 positions · 1 move

  • HoldsGiverny Capital Asset Management Model Portfolio
    June 2026
    In May, we had a single day in which one of our holdings, AAON, Inc., reported strong earnings and saw its stock rise 31%, while another holding, Installed Building Products (IBP), reported mildly disappointing earnings and lost 28% of its value.
    Read the letterInstalled Building Products
  • TrimmedGiverny Capital Asset Management (GCAM) model portfolio
    March 2026
    We trimmed Installed Building Products during the quarter after CEO Jeff Edwards announced the sale of a portion of his holdings after a big run-up in the stock price.
    Read the letterInstalled Building Products

Fund coverage · 2 theses

  • Artisan US Small Cap Growth Strategy
    September 2025

    Installed Building Products (IBP) is poised for a strong profit cycle due to rising new home completions, geographic expansion, and improved project revenues.

    Read the full thesis
  • Giverny Capital
    December 2024

    Installed Building Products is a profitable insulation installation company that leverages bulk purchasing discounts and expands its service offerings to homebuilders

    Read the full thesis

Read every full thesis on Installed Building Products

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