Eminence Capital just sold its entire Installed Building Products stake after a year of outperformance, and that kind of exit into strength forces investors to ask whether a well-run consolidator has simply finished serving a hedge fund’s timeline or still has room to compound for longer-term investors.On November 14, 2025, Eminence Capital, LP disclosed in a Securities and Exchange Commission filing that it sold out its entire Installed Building Products position, reflecting a ~$170 million net change.Exit ...