IBP Installed Building Products, Inc. Common Stock

NYSE · Consumer products · View on SEC EDGAR ↗
$244.38
Price · Aug 20, 2026
Fundamentals as of Aug 6, 2026

IBP Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$244.38
Market Cap
$6.59B
P/E (TTM)
25.2
EPS (TTM)
$9.71
Revenue (TTM)
$2.97B
Div Yield
1.3%
ROE
38.6%
Debt/Equity
1.2
52W Range
$193 – $349

IBP Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $2.97B
10-point trend, +244.2%
2016-12-31 2025-12-31
EPS $9.71
10-point trend, +689.4%
2016-12-31 2025-12-31
Free Cash Flow $301M
10-point trend, +550.3%
2016-12-31 2025-12-31
Margins 8.9%
10-point trend, +16.1%
2016-12-31 2025-12-31

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
IBP
Peer Median
P/E (TTM)
5-point trend, -23.3%
25.2
12.7
P/S (TTM)
5-point trend, +11.7%
2.2
1.4
P/B
5-point trend, -1.0%
9.3
2.1
EV / EBITDA
5-point trend, -32.2%
16.0
Price / FCF
5-point trend, -43.2%
21.9

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
IBP
Peer Median
Gross Margin
5-point trend, +13.4%
34.0%
23.6%
Operating Margin
5-point trend, +36.4%
13.0%
Net Profit Margin
5-point trend, +48.1%
8.9%
8.7%
ROA
5-point trend, +53.8%
12.9%
10.1%
ROE
5-point trend, +31.6%
38.6%
15.5%
ROIC
5-point trend, +60.5%
18.0%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
IBP
Peer Median
Debt / Equity
5-point trend, -39.7%
1.2
Current Ratio
5-point trend, +8.4%
3.0
3.9
Quick Ratio
5-point trend, +5.9%
2.2

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
IBP
Peer Median
Revenue YoY
5-point trend, +50.9%
1.0%
Revenue CAGR 3Y
5-point trend, +50.9%
3.6%
Revenue CAGR 5Y
5-point trend, +50.9%
12.4%
EPS YoY
5-point trend, +142.1%
6.7%
Net Income YoY
5-point trend, +123.4%
3.4%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
IBP
Peer Median
EPS (Diluted)
5-point trend, +142.1%
$9.71

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
IBP
Peer Median
Payout Ratio
5-point trend, +11.1%
33.0%

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
1.3%
Payout Ratio
33.0%
5Y Div CAGR
Ex-dateAmount
June 15, 2026$0.3900
March 13, 2026$2.1900
Dec. 15, 2025$0.3700
Sept. 15, 2025$0.3700
June 13, 2025$0.3700
March 14, 2025$2.0700
Dec. 13, 2024$0.3500
Sept. 13, 2024$0.3500
June 14, 2024$0.3500
March 14, 2024$1.9500
Dec. 14, 2023$0.3300
Sept. 14, 2023$0.3300
June 14, 2023$0.3300
March 14, 2023$1.2300
Dec. 14, 2022$0.3150
Sept. 14, 2022$0.3150
June 14, 2022$0.3150
March 14, 2022$1.2150
Dec. 14, 2021$0.3000
Sept. 14, 2021$0.3000

IBP Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

HOLD 17 analysts
  • Strong Buy 1 5.9%
  • Buy 3 17.6%
  • Hold 13 76.5%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

11 analysts · 2026-08-20
Median target $246.00 +0.7%
Mean target $244.82 +0.2%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.24%
Period EPS Actual EPS Est Surprise
June 30, 2026 $2.91 $2.57 0.34%
March 31, 2026 $1.79 $1.98 -0.19%
Dec. 31, 2025 $3.24 $2.79 0.45%
Sept. 30, 2025 $3.18 $2.76 0.42%
June 30, 2025 $2.95 $2.42 0.53%
March 31, 2025 $2.08 $2.21 -0.13%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
IBP $7.00B 26.7 1.0% 8.9% 38.6% 34.0%
LEN
NVR $20.42B 16.7 -1.9% 13.0% 34.8%
TOL $12.79B 10.0 1.1% 12.3% 16.9%
SKY $3.98B 19.8 7.3% 7.8% 13.3% 26.4%
MTH $4.49B 10.4 8.7%
CVCO $3.61B 19.4 11.4% 8.5% 17.4% 23.5%
MHO 8.7 -1.9% 9.1% 13.2%
KBH 10.5 -10.0% 6.9% 10.9%
DHI $49.90B 14.6 -6.9% 10.5% 14.5%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 16
Annual Income Statement data for IBP
Metric Trend 202520242023202220212020201920182017201620152014
Revenue 12-point trend, +473.5% $2.97B $2.94B $2.78B $2.67B $1.97B $1.65B $1.51B $1.34B $1.13B $863M $663M $518M
Cost of Revenue 12-point trend, +419.0% $1.96B $1.95B $1.85B $1.84B $1.38B $1.14B $1.08B $965M $809M $611M $474M $378M
Gross Profit 12-point trend, +620.7% $1.01B $994M $931M $828M $590M $510M $435M $372M $324M $252M $188M $140M
SG&A Expense 12-point trend, +441.9% $437M $425M $385M $336M $272M $238M $214M $186M $164M $125M $99M $81M
Operating Expenses 6-point trend, +78.9% $623M $612M $562M $482M $402M $348M · · · · · ·
Operating Income 12-point trend, +1410.2% $386M $382M $369M $345M $188M $162M $121M $93M $74M $66M $45M $26M
Interest Expense 10-point trend, +1068.7% · · $37M $42M $33M $30M $28M $20M $17M $6M $4M $3M
Other Non-op 12-point trend, +1277.2% $2M $800.0K $1M $-500.0K $400.0K $-399.0K $-451.0K $-535.0K $-1M $-263.0K $716.0K $167.0K
Pretax Income 12-point trend, +1480.6% $357M $346M $333M $303M $156M $131M $93M $72M $56M $60M $42M $23M
Income Tax 12-point trend, +964.3% $92M $90M $89M $80M $37M $34M $24M $17M $15M $21M $15M $9M
Net Income 12-point trend, +1805.0% $265M $257M $244M $223M $119M $97M $68M $55M $41M $38M $27M $14M
EPS (Basic) 10-point trend, +693.5% $9.76 $9.16 $8.65 $7.78 $4.04 $3.30 $2.29 $1.76 $1.30 $1.23 · ·
EPS (Diluted) 10-point trend, +689.4% $9.71 $9.10 $8.61 $7.74 $4.01 $3.27 $2.28 $1.75 $1.30 $1.23 · ·
Shares (Basic) 12-point trend, -9.6% 27,201,802 28,030,187 28,161,583 28,708,166 29,367,676 29,504,115 29,752,644 31,107,231 31,639,283 31,301,887 31,298,163 30,106,862
Shares (Diluted) 12-point trend, -9.2% 27,327,972 28,190,404 28,306,313 28,869,501 29,628,527 29,717,609 29,873,106 31,229,558 31,756,363 31,363,290 31,334,569 30,106,862
EBITDA 12-point trend, +1650.2% $448M $438M $418M $390M $188M $162M $121M $93M $74M $66M $45M $26M
Balance Sheet 30
Annual Balance Sheet data for IBP
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents 12-point trend, +2891.4% $322M $328M $386M $230M $333M $232M $178M $90M $63M $14M $7M $11M
Short-term Investments 5-point trend, -100.0% · · · · $0 $0 $38M $10M $30M · · ·
Receivables 12-point trend, +514.4% $444M $434M $423M $397M $313M $267M $245M $214M $181M $128M $103M $72M
Inventory 12-point trend, +746.9% $203M $195M $163M $177M $143M $77M $75M $61M $48M $40M $29M $24M
Prepaid Expense 7-point trend, +56.7% $74M $99M $97M $81M $70M $49M $47M · · · · ·
Other Current Assets 6-point trend, +282.6% · · · · · · $47M $36M $33M $9M $11M $12M
Current Assets 12-point trend, +774.0% $1.04B $1.05B $1.07B $884M $859M $624M $582M $412M $355M $192M $150M $119M
PP&E (Net) 7-point trend, +164.2% · · · · · $104M $106M $90M $81M $68M $58M $39M
PP&E (Gross) 6-point trend, +170.1% · · · · · · $264M $223M $191M $157M $129M $98M
Accum. Depreciation 6-point trend, +169.9% · · · · · · $158M $133M $110M $89M $71M $58M
Goodwill 12-point trend, +743.6% $450M $433M $399M $374M $323M $217M $196M $173M $155M $107M $91M $53M
Intangibles 12-point trend, +1375.9% $262M $270M $269M $283M $264M $171M $154M $150M $138M $86M $67M $18M
Other Non-current Assets 12-point trend, +617.0% $32M $32M $28M $42M $31M $18M $16M $10M $9M $9M $8M $4M
Total Assets 12-point trend, +783.1% $2.07B $2.06B $1.98B $1.78B $1.65B $1.19B $1.10B $835M $739M $462M $374M $234M
Accounts Payable 12-point trend, +155.5% $119M $147M $159M $149M $133M $101M $99M $97M $87M $68M $51M $47M
Current Liabilities 12-point trend, +349.6% $344M $359M $346M $328M $308M $236M $214M $182M $160M $130M $97M $77M
Capital Leases 12-point trend, +250.7% $61M $61M $50M $50M $46M $34M $30M $4M $6M $8M $12M $18M
Deferred Tax 12-point trend, +153.4% $25M $26M $24M $28M $5M $35.0K $9M $7M $6M $14M $15M $10M
Other Non-current Liabilities 12-point trend, +450.4% $74M $60M $48M $42M $42M $53M $48M $28M $25M $21M $22M $13M
Total Liabilities 12-point trend, +854.5% $1.36B $1.35B $1.31B $1.29B $1.24B $868M $849M $652M $528M $308M $259M $142M
Long-term Debt 12-point trend, +3201.3% $887M $875M $867M $861M $863M $565M $569M $455M $348M $151M $123M $27M
Total Debt 12-point trend, +3201.3% $887M $875M $867M $861M $863M $565M $569M $455M $348M $151M $124M $27M
Common Stock 10-point trend, -6.0% · · $300.0K $300.0K $333.0K $331.0K $329.0K $327.0K $325.0K $321.0K $320.0K $319.0K
Paid-in Capital 4-point trend, +12.7% · · · · · · · · $174M $159M $157M $154M
Retained Earnings 12-point trend, +1909.6% $1.04B $866M $694M $513M $353M $269M $173M $105M $48M $7M $-31M $-58M
Treasury Stock 12-point trend, +12014.3% $640M $457M $302M $289M $147M $142M $107M $104M $13M $12M $11M $5M
AOCI 9-point trend, +4259.0% $22M $35M $34M $41M $-227.0K $-9M $-7M $-431.0K $507.0K · · ·
Stockholders' Equity 12-point trend, +672.7% $710M $705M $670M $494M $417M $319M $250M $182M $211M $154M $114M $92M
Liabilities + Equity 12-point trend, +783.1% $2.07B $2.06B $1.98B $1.78B $1.65B $1.19B $1.10B $835M $739M $462M $374M $234M
Shares Outstanding 12-point trend, -14.5% 26,975,227 27,758,491 28,367,338 28,306,482 29,706,401 29,623,272 30,016,340 29,915,611 31,862,146 31,484,774 31,366,328 31,539,087
Cash Flow 19
Annual Cash Flow data for IBP
Metric Trend 202520242023202220212020201920182017201620152014
D&A 12-point trend, +404.4% $61M $55M $49M $44M $41M $39M $39M $33M $28M $24M $17M $12M
Stock-based Comp 12-point trend, +7066.7% $22M $19M $16M $14M $14M $11M $9M $8M $7M $2M $2M $300.0K
Deferred Tax 12-point trend, +1078.8% $4M $2M $600.0K $7M $-400.0K $-8M $5M $311.0K $-6M $-605.0K $-2M $-378.0K
Amort. of Intangibles 12-point trend, +1348.7% $41M $42M $44M $44M $37M $29M $25M $25M $27M $11M $6M $3M
Other Non-cash 4-point trend, +279.1% $19M $7M $31M $-11M · · · · · · · ·
Operating Cash Flow 12-point trend, +1794.7% $371M $340M $340M $278M $138M $181M $123M $97M $69M $73M $35M $20M
CapEx 12-point trend, +1043.1% $71M $89M $62M $46M $37M $34M $50M $35M $32M $27M $27M $6M
Investing Cash Flow 12-point trend, -593.8% $-112M $-159M $-103M $-159M $-278M $-78M $-132M $-74M $-200M $-80M $-111M $-16M
Debt Issued 5-point trend, +300.0% · · · · · · · $100M $300M $100M $50M $25M
Net Debt Issued 6-point trend, -189.1% · · · · · · $-21M $86M $290M $94M $46M $24M
Stock Issued · · · · · · · · · · · $14M
Stock Repurchased 10-point trend, +3167.1% $173M $145M $6M $138M $0 $34M $0 $89M · · $6M $5M
Net Stock Activity 9-point trend, -1989.4% $-173M $-145M $-6M $-138M $0 $-34M · $-89M · · $-6M $9M
Dividends Paid 7-point trend, +87600000.00 $88M $85M $63M $63M $35M $0 $0 · · · · ·
Financing Cash Flow 12-point trend, -8289.7% $-265M $-240M $-80M $-223M $242M $-49M $96M $5M $180M $14M $73M $3M
Net Change in Cash 12-point trend, -185.1% $-6M $-59M $157M $-104M $102M $54M $87M $28M $48M $8M $-4M $7M
Taxes Paid 12-point trend, +798.8% $82M $84M $92M $69M $39M $37M $23M $5M $39M $19M $13M $9M
Free Cash Flow 12-point trend, +2140.4% $301M $251M $279M $232M $101M $147M $73M $61M $37M $46M $7M $13M
Levered FCF 10-point trend, +2093.6% · · $252M $202M $76M $125M $52M $46M $24M $42M $5M $11M
Profitability 8
Annual Profitability data for IBP
Metric Trend 202520242023202220212020201920182017201620152014
Gross Margin 12-point trend, +25.6% 34.0% 33.8% 33.5% 31.0% 29.9% 30.9% 28.8% 27.8% 28.6% 29.2% 28.4% 27.0%
Operating Margin 12-point trend, +163.4% 13.0% 13.0% 13.3% 12.9% 9.5% 9.8% 8.0% 7.0% 6.6% 7.6% 6.8% 4.9%
Net Margin 12-point trend, +232.0% 8.9% 8.7% 8.8% 8.4% 6.0% 5.9% 4.5% 4.1% 3.6% 4.5% 4.0% 2.7%
Pretax Margin 12-point trend, +175.7% 12.0% 11.8% 12.0% 11.4% 7.9% 7.9% 6.1% 5.4% 4.9% 6.9% 6.3% 4.4%
EBITDA Margin 12-point trend, +205.1% 15.1% 14.9% 15.0% 14.6% 9.5% 9.8% 8.0% 7.0% 6.6% 7.6% 6.8% 4.9%
ROA 12-point trend, +96.3% 12.9% 12.7% 13.0% 13.0% 8.4% 8.5% 7.0% 7.0% 6.9% 9.2% 8.7% 6.6%
ROE 12-point trend, +154.9% 38.6% 36.1% 37.5% 47.0% 29.3% 31.2% 28.5% 27.6% 20.2% 25.9% 24.2% 15.2%
ROIC 12-point trend, +34.9% 18.0% 17.9% 17.6% 18.8% 11.2% 13.6% 10.9% 11.1% 9.8% 13.9% 11.9% 13.3%
Liquidity & Solvency 5
Annual Liquidity & Solvency data for IBP
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 12-point trend, +94.4% 3.0 2.9 3.1 2.7 2.8 2.6 2.7 2.3 2.2 1.5 1.5 1.6
Quick Ratio 12-point trend, +105.2% 2.2 2.1 2.3 1.9 2.1 2.1 2.1 1.7 1.7 1.1 1.1 1.1
Debt / Equity 12-point trend, +327.3% 1.2 1.2 1.3 1.7 2.1 1.8 2.3 2.5 1.7 1.0 1.1 0.3
LT Debt / Equity 12-point trend, +338.8% 1.2 1.2 1.2 1.7 2.0 1.7 2.2 2.4 1.6 0.9 1.0 0.3
Interest Coverage 10-point trend, +23.4% · · 10.0 8.3 5.7 5.3 4.3 4.5 4.3 10.7 12.0 8.1
Efficiency 3
Annual Efficiency data for IBP
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 12-point trend, -40.9% 1.4 1.5 1.5 1.6 1.4 1.4 1.6 1.7 1.9 2.1 2.2 2.4
Inventory Turnover 12-point trend, -43.0% 9.9 10.9 10.9 11.5 12.5 15.1 15.9 17.6 18.3 17.6 17.8 17.3
Receivables Turnover 12-point trend, -14.4% 6.8 6.9 6.8 7.5 6.8 6.5 6.6 6.8 7.3 7.5 7.6 7.9
Per Share 6
Annual Per Share data for IBP
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share 12-point trend, +803.4% $26.32 $25.41 $23.63 $17.43 $14.03 $10.77 $8.33 $6.10 $6.61 $4.89 $3.65 $2.91
Revenue / Share 11-point trend, +414.0% $108.71 $104.34 $98.16 $92.48 $66.44 $55.63 $50.60 $42.79 $35.68 $27.52 $21.15 ·
Cash Flow / Share 11-point trend, +1132.7% $13.59 $12.06 $12.02 $9.63 $4.67 $6.08 $4.12 $3.09 $2.17 $2.34 $1.10 ·
Cash / Share 12-point trend, +3397.4% $11.93 $11.80 $13.62 $8.11 $11.23 $7.82 $5.93 $3.02 $1.96 $0.46 $0.22 $0.34
Dividend / Share 7-point trend, +3.18 $3 $3 $2 $2 $1 $0 $0 · · · · ·
EPS (TTM) 11-point trend, +1212.2% $9.71 $9.10 $8.61 $7.74 $4.01 $3.27 $2.28 $1.75 $1.30 $1.23 $0.74 ·
Growth Rates 9
Annual Growth Rates data for IBP
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 5-point trend, -94.8% 1.0% 5.9% 4.1% 35.6% 19.1% · · · · · · ·
Revenue CAGR 3Y 3-point trend, -80.8% 3.6% 14.3% 18.9% · · · · · · · · ·
Revenue CAGR 5Y 12.4% · · · · · · · · · · ·
EPS YoY 5-point trend, -70.4% 6.7% 5.7% 11.2% 93.0% 22.6% · · · · · · ·
EPS CAGR 3Y 3-point trend, -79.4% 7.8% 31.4% 38.1% · · · · · · · · ·
EPS CAGR 5Y 24.3% · · · · · · · · · · ·
Net Income YoY 5-point trend, -84.5% 3.4% 5.3% 9.1% 88.0% 22.2% · · · · · · ·
Net Income CAGR 3Y 3-point trend, -83.5% 5.9% 29.3% 35.8% · · · · · · · · ·
Net Income CAGR 5Y 22.2% · · · · · · · · · · ·
Valuation (TTM) 17
Annual Valuation (TTM) data for IBP
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM 12-point trend, +473.5% $2.97B $2.94B $2.78B $2.67B $1.97B $1.65B $1.51B $1.34B $1.13B $863M $663M $518M
Net Income TTM 12-point trend, +1805.0% $265M $257M $244M $223M $119M $97M $68M $55M $41M $38M $27M $14M
Market Cap 12-point trend, +1145.0% $7.00B $4.86B $5.19B $2.42B $4.15B $3.02B $2.07B $1.01B $2.42B $1.30B $779M $562M
Enterprise Value 12-point trend, +1208.0% $7.56B $5.41B $5.67B $3.05B $4.68B $3.35B $2.42B $1.36B $2.67B $1.44B $896M $578M
P/E 11-point trend, -20.4% 26.7 19.3 21.2 11.1 34.8 31.2 30.2 19.3 58.4 33.6 33.6 ·
P/S 12-point trend, +117.1% 2.4 1.7 1.9 0.9 2.1 1.8 1.4 0.8 2.1 1.5 1.2 1.1
P/B 12-point trend, +61.1% 9.9 6.9 7.7 4.9 10.0 9.5 8.3 5.5 11.5 8.4 6.8 6.1
P / Tangible Book 2-point trend, +19.4% · 2211.2 1852.2 · · · · · · · · ·
P / Cash Flow 12-point trend, -34.3% 18.8 14.3 15.2 8.7 30.0 16.7 16.8 10.4 35.2 17.7 22.5 28.7
P / FCF 12-point trend, -44.4% 23.3 19.4 18.6 10.4 41.0 20.5 28.4 16.4 65.2 28.1 107.5 41.9
EV / EBITDA 12-point trend, -25.3% 16.9 12.4 13.5 7.8 24.9 20.7 20.0 14.6 36.0 21.8 19.9 22.6
EV / FCF 12-point trend, -41.6% 25.1 21.5 20.3 13.2 46.2 22.8 33.2 22.2 72.1 31.1 123.7 43.1
EV / Revenue 12-point trend, +128.1% 2.5 1.8 2.0 1.1 2.4 2.0 1.6 1.0 2.4 1.7 1.4 1.1
Dividend Yield 7-point trend, +0.01 1.2% 1.7% 1.2% 2.6% 0.85% 0.00% 0.00% · · · · ·
Earnings Yield 11-point trend, +25.5% 3.7% 5.2% 4.7% 9.0% 2.9% 3.2% 3.3% 5.2% 1.7% 3.0% 3.0% ·
Payout Ratio 5-point trend, +11.1% 33.0% 33.0% 25.9% 28.1% 29.7% · · · · · · ·
Annual Payout 7-point trend, +87600000.00 $88M $85M $63M $63M $35M $0 $0 · · · · ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $2.97B$2.94B$2.78B$2.67B$1.97B
Gross Margin % 34.0%33.8%33.5%31.0%29.9%
Operating Margin % 13.0%13.0%13.3%12.9%9.5%
Net Income $265M$257M$244M$223M$119M
Diluted EPS $9.71$9.10$8.61$7.74$4.01
Balance Sheet
2025-12-312024-12-312023-12-312022-12-312021-12-31
Debt / Equity 1.21.21.31.72.1
Current Ratio 3.02.93.12.72.8
Quick Ratio 2.22.12.31.92.1
Cash Flow
2025-12-312024-12-312023-12-312022-12-312021-12-31
Free Cash Flow $301M$251M$279M$232M$101M

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Institutional owners (13F) 459 filers · $3.4B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
72 (-2 vs prior Q) 85 (+42 vs prior Q) 155 (+9 vs prior Q) 138 (-21 vs prior Q) +1.2M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD PORTFOLIO MANAGEMENT LLC $321,548,229 1,399,009 9.53% Shares
STATE STREET CORP $281,747,594 1,225,859 8.35% Shares
VANGUARD CAPITAL MANAGEMENT LLC $236,294,137 1,028,081 7.00% Shares
GEODE CAPITAL MANAGEMENT, LLC $152,295,238 662,511 4.51% Shares
TIMUCUAN ASSET MANAGEMENT INC/FL $149,940,261 652,368 4.44% Shares
FMR LLC $147,891,697 643,455 4.38% Shares
DIMENSIONAL FUND ADVISORS LP $120,575,535 524,606 3.57% Shares
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC $111,411,492 484,735 3.30% Shares
FIRST TRUST ADVISORS LP $101,946,643 443,555 3.02% Shares
Giverny Capital Inc. $91,398,634 397,662 2.71% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $82,348,684 358,287 2.44% Shares
BANK OF AMERICA CORP /DE/ $57,228,781 248,994 1.70% Shares
NORGES BANK $53,873,117 234,394 1.60% Shares
SILVERCREST ASSET MANAGEMENT GROUP LLC $50,889,893 221,412 1.51% Shares
Capital Research Global Investors $48,017,713 208,918 1.42% Shares
BlackRock, Inc. $46,083,610 200,503 1.37% Shares
BAMCO INC /NY/ $45,579,570 198,310 1.35% Shares
CITIGROUP INC $43,357,018 188,640 1.28% Shares
PANAGORA ASSET MANAGEMENT INC $41,789,279 181,819 1.24% Shares
Stephens Investment Management Group LLC $40,284,287 175,271 1.19% Shares
Public Sector Pension Investment Board $38,239,400 166,374 1.13% Shares
Paralel Advisors LLC $37,923,600 165,000 1.12% Shares
VANGUARD FIDUCIARY TRUST CO $37,517,473 163,233 1.11% Shares
Life Cycle Investment Partners Ltd $37,127,894 161,538 1.10% Shares
JACOBS LEVY EQUITY MANAGEMENT, INC $33,082,710 143,938 0.98% Shares
BNP PARIBAS FINANCIAL MARKETS $32,835,402 142,862 0.97% Shares
Capital World Investors $30,025,148 130,635 0.89% Shares
PRINCIPAL FINANCIAL GROUP INC $29,357,923 127,732 0.87% Shares
ENVESTNET ASSET MANAGEMENT INC $28,064,382 122,104 0.83% Shares
GOLDMAN SACHS GROUP INC $24,865,240 108,185 0.74% Shares
Clearbridge Investments, LLC $23,951,397 104,209 0.71% Shares
Artisan Partners Limited Partnership $22,824,031 99,304 0.68% Shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ $22,227,597 96,709 0.66% Shares
SEGALL BRYANT & HAMILL, LLC $21,818,941 94,931 0.65% Shares
HSBC HOLDINGS PLC $20,064,162 87,939 0.59% Shares
Burgundy Asset Management Ltd. $20,028,706 76,498 0.59% Shares
Leeward Investments, LLC - MA $18,751,267 81,584 0.56% Shares
Boston Trust Walden Corp $18,611,984 80,978 0.55% Shares
Pembroke Management, LTD $18,585,552 80,863 0.55% Shares
RAYMOND JAMES FINANCIAL INC $18,560,962 80,756 0.55% Shares
AMERIPRISE FINANCIAL INC $17,281,212 75,188 0.51% Shares
BARCLAYS PLC $17,161,233 74,666 0.51% Shares
WCM INVESTMENT MANAGEMENT, LLC $16,042,020 70,564 0.48% Shares
DEUTSCHE BANK AG\ $13,375,539 58,195 0.40% Shares
MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC $13,331,639 58,004 0.39% Shares
SummitTX Capital, L.P. $13,173,509 57,316 0.39% Shares
RHUMBLINE ADVISERS $12,392,033 53,916 0.37% Shares
California Public Employees Retirement System $12,204,274 53,099 0.36% Shares
JACOBSON & SCHMITT ADVISORS, LLC $12,180,831 52,997 0.36% Shares
KENNEDY CAPITAL MANAGEMENT LLC $12,166,810 52,936 0.36% Shares
FIL Ltd $12,094,870 52,623 0.36% Shares
Heron Bay Capital Management $11,350,419 49,384 0.34% Shares
Baird Financial Group, Inc. $11,291,253 49,126 0.33% Shares
Swiss National Bank $10,557,241 45,933 0.31% Shares
Rafferty Asset Management, LLC $9,870,938 42,947 0.29% Shares
MORGAN STANLEY $9,649,526 41,983 0.29% Shares
NEW YORK STATE COMMON RETIREMENT FUND $8,907,909 38,757 0.26% Shares
Lighthouse Investment Partners, LLC $8,806,483 38,316 0.26% Shares
ALLIANCEBERNSTEIN L.P. $8,350,369 31,493 0.25% Shares
Legal & General Group Plc $7,954,762 34,610 0.24% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $7,768,592 33,800 0.23% Put option
Watchtower Advisors, LP $7,418,546 32,277 0.22% Shares
WELLINGTON MANAGEMENT GROUP LLP $7,182,270 31,249 0.21% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $7,147,649 26,957 0.21% Shares
Swedbank AB $6,895,200 30,000 0.20% Shares
Ascent Group, LLC $6,773,266 29,469 0.20% Shares
Fisher Funds Management LTD $6,657,775 28,967 0.20% Shares
Erste Asset Management GmbH $6,651,167 29,254 0.20% Shares
Vest Financial, LLC $6,426,326 27,960 0.19% Shares
Illinois Municipal Retirement Fund $6,350,709 27,631 0.19% Shares
AMERICAN CENTURY COMPANIES INC $6,298,091 27,402 0.19% Shares
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND $6,205,680 27,000 0.18% Shares
Emerald Investment Advisers, LLC $5,722,556 24,898 0.17% Shares
STATE OF WISCONSIN INVESTMENT BOARD $5,615,681 24,433 0.17% Shares
PRUDENTIAL FINANCIAL INC $5,414,571 23,558 0.16% Shares
VANGUARD ASSET MANAGEMENT, Ltd $5,141,291 22,369 0.15% Shares
Callan Family Office, LLC $4,660,925 20,279 0.14% Shares
VICTORY CAPITAL MANAGEMENT INC $4,625,070 20,123 0.14% Shares
Salvus Wealth Management, LLC $4,612,549 17,396 0.14% Shares
REGIONS FINANCIAL CORP $4,586,227 19,954 0.14% Shares
Pier Capital, LLC $4,416,146 19,214 0.13% Shares
MONIMUS CAPITAL MANAGEMENT, LP $4,405,573 19,168 0.13% Shares
ROYCE & ASSOCIATES LP $4,393,392 19,115 0.13% Shares
Joseph Group Capital Management $4,284,112 18,640 0.13% Shares
CacheTech Inc. $4,008,890 17,442 0.12% Shares
KEYBANK NATIONAL ASSOCIATION/OH $3,998,758 17,398 0.12% Shares
Entropy Technologies, LP $3,988,873 17,355 0.12% Shares
LRT Capital Management, LLC $3,970,256 17,274 0.12% Shares
ALGERT GLOBAL LLC $3,847,522 16,740 0.11% Shares
Toroso Investments, LLC $3,765,305 14,516 0.11% Shares
BEACON INVESTMENT ADVISORY SERVICES, INC. $3,494,258 15,203 0.10% Shares
Moody Aldrich Partners LLC $3,479,778 15,140 0.10% Shares
D. E. Shaw & Co., Inc. $3,470,814 15,101 0.10% Shares
CITADEL ADVISORS LLC $3,338,886 14,527 0.10% Shares
E. Ohman J:or Asset Management AB $3,273,542 12,346 0.10% Shares
MetLife Investment Management, LLC $3,193,627 13,895 0.09% Shares
Adams Wealth Management $3,185,603 13,860 0.09% Shares
Man Group plc $3,134,558 13,638 0.09% Shares
CI INVESTMENTS INC. $3,030,900 13,187 0.09% Shares
NewEdge Wealth, LLC $2,929,081 12,744 0.09% Shares

Company insiders 19 insiders · 7 officers · 13 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Jeffrey W. Edwards President, CEO and Chairman April 20, 2025 F 191,160 0 0 $0
Michael Thomas Miller Executive VP & CFO June 11, 2026 P 34,209 10 0 $198,610
William Jeffrey Hire President of External Affairs April 20, 2025 F 44,499 0 0 $0
Brad A Wheeler Chief Operating Officer Feb. 25, 2025 A 11,922 0 0 $0
Jay P. Elliott Chief Operating Officer April 20, 2023 F 27,341 0 0 $0
Jason R Niswonger Chief Admin & Sustainability April 20, 2025 F 14,476 0 0 $0
Todd R Fry Chief Accounting Officer April 20, 2025 F 7,322 0 0 $0
Marchelle E Moore Director May 20, 2025 A 2,307 0 0 $0
Janet E. Jackson Director May 20, 2025 A 8,342 0 0 $0
Lawrence A. Hilsheimer Director May 20, 2025 A 28,023 0 0 $0
Michael H Thomas Director May 20, 2025 A 10,374 0 0 $0
David R Meuse Director May 20, 2025 A 5,747 0 0 $0
Robert H Schottenstein Director May 20, 2025 A 3,277 0 0 $0
Margot Lebenberg Carter Director May 20, 2025 A 9,413 0 0 $0
Vikas Verma Director April 13, 2023 A 24,459 0 0 $0
Michael J Nixon Director June 1, 2018 S 1,353,658 0 0 $0
Steven G. Raich Director June 1, 2016 A 7,573 0 0 $0
Installed Building Systems, Inc. Director Nov. 25, 2015 P 3,540,882 0 0 $0
IBP Investment Holdings, LLC 10% owner June 17, 2014 J 0 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 96 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
ITB · iShares Trust 2.32% 218,576 SH Aug. 19, 2026 Daily
PSCD · Invesco Exchange-Traded Fund Trust … 2.11% 2,092 SH Aug. 19, 2026 Daily
NAIL · Direxion Shares ETF Trust 1.92% 37,514 NS April 30, 2026 N-PORT
SCOW · Pacer Funds Trust 1.40% 75 NS April 30, 2026 N-PORT
XSHQ · Invesco Exchange-Traded Fund Trust … 1.40% 18,641 SH Aug. 19, 2026 Daily
XSMO · Invesco Exchange-Traded Fund Trust 1.21% 156,441 SH Aug. 19, 2026 Daily
JSML · Janus Detroit Street Trust 1.09% 11,890 NS April 30, 2026 N-PORT
SDVD · First Trust Exchange-Traded Fund IV 0.95% 27,620 NS April 30, 2026 N-PORT
JSMD · Janus Detroit Street Trust 0.79% 26,676 NS April 30, 2026 N-PORT
HOMZ · ETF Series Solutions 0.65% 1,051 NS May 31, 2026 N-PORT
CCSO · Tidal Trust II 0.63% 1,023 NS April 30, 2026 N-PORT
FNY · First Trust Exchange-Traded AlphaDE… 0.58% 10,344 NS April 30, 2026 N-PORT
VIOG · VANGUARD ADMIRAL FUNDS 0.57% 26,774 SH Aug. 19, 2026 Daily
QDF · FlexShares Trust 0.42% 30,690 NS April 30, 2026 N-PORT
QVMS · Invesco Exchange-Traded Fund Trust … 0.36% 3,887 SH Aug. 19, 2026 Daily
IWO · iShares Trust 0.35% 217,282 SH Aug. 19, 2026 Daily
RZG · Invesco Exchange-Traded Fund Trust 0.33% 1,866 SH Aug. 19, 2026 Daily
VTWG · VANGUARD SCOTTSDALE FUNDS 0.32% 25,552 SH Aug. 19, 2026 Daily
BKSE · BNY Mellon ETF Trust 0.29% 823 NS April 30, 2026 N-PORT
VIOO · VANGUARD ADMIRAL FUNDS 0.28% 78,640 SH Aug. 19, 2026 Daily
OASC · Unified Series Trust 0.28% 1,121 NS May 31, 2026 N-PORT
JPSE · J.P. Morgan Exchange-Traded Fund Tr… 0.26% 5,381 NS April 30, 2026 N-PORT
MMSC · First Trust Exchange-Traded Fund VI… 0.25% 611 NS May 31, 2026 N-PORT
FFSM · FIDELITY COVINGTON TRUST 0.24% 10,970 NS April 30, 2026 N-PORT
EBIT · Harbor ETF Trust 0.24% 93 NS April 30, 2026 N-PORT
RWJ · Invesco Exchange-Traded Fund Trust … 0.23% 19,527 SH Aug. 19, 2026 Daily
FNX · First Trust Exchange-Traded AlphaDE… 0.22% 10,269 NS April 30, 2026 N-PORT
SAA · ProShares Trust 0.21% 271 NS May 31, 2026 N-PORT
RSSL · Global X Funds 0.20% 10,019 NS April 30, 2026 N-PORT
PSC · Principal Exchange-Traded Funds 0.19% 19,270 NS June 30, 2026 N-PORT
IWM · iShares Trust 0.18% 610,147 SH Aug. 19, 2026 Daily
FAD · First Trust Exchange-Traded AlphaDE… 0.17% 2,845 NS April 30, 2026 N-PORT
BFOR · ALPS ETF Trust 0.17% 1,746 NS May 31, 2026 N-PORT
VTWO · VANGUARD SCOTTSDALE FUNDS 0.17% 137,410 SH Aug. 19, 2026 Daily
OMFS · Invesco Exchange-Traded Self-Indexe… 0.17% 2,005 SH Aug. 19, 2026 Daily
DFAS · Dimensional ETF Trust 0.16% 77,418 NS April 30, 2026 N-PORT
FSMD · FIDELITY COVINGTON TRUST 0.16% 13,022 NS April 30, 2026 N-PORT
PRFZ · Invesco Exchange-Traded Fund Trust 0.15% 18,146 SH Aug. 19, 2026 Daily
SMDX · Tidal Trust III 0.15% 656 NS April 30, 2026 N-PORT
VCR · VANGUARD WORLD FUND 0.15% 43,320 SH Aug. 19, 2026 Daily
VBK · VANGUARD INDEX FUNDS 0.14% 303,303 SH Aug. 19, 2026 Daily
BBMC · J.P. Morgan Exchange-Traded Fund Tr… 0.13% 9,396 NS April 30, 2026 N-PORT
FDIS · FIDELITY COVINGTON TRUST 0.13% 7,859 NS April 30, 2026 N-PORT
ITWO · ProShares Trust 0.12% 1,093 NS May 31, 2026 N-PORT
GSSC · Goldman Sachs ETF Trust 0.12% 5,712 NS May 31, 2026 N-PORT
AFMC · First Trust Exchange-Traded Fund VI… 0.11% 848 NS May 31, 2026 N-PORT
AVMV · AMERICAN CENTURY ETF TRUST 0.10% 3,073 NS May 31, 2026 N-PORT
ISCG · iShares Trust 0.10% 4,365 SH Aug. 19, 2026 Daily
SCHA · SCHWAB STRATEGIC TRUST 0.10% 108,879 NS May 31, 2026 N-PORT
FNDA · SCHWAB STRATEGIC TRUST 0.09% 38,591 NS May 31, 2026 N-PORT