TopBuild
BLD was delisted on the 30th of June, 2026.
492 hedge funds and large institutions have $8.66B invested in TopBuild in 2025 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 165 increasing their positions, 180 reducing their positions, and 88 closing their positions.
1.41% more ownership
Funds ownership: 96.52% → 97.93% (+1.4%)
2% less capital invested
Capital invested by funds: $8.86B → $8.66B (-$207M)
8% less repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 180
8% less call options, than puts
Call options by funds: $23.4M | Put options by funds: $25.5M
5% less funds holding
Funds holding: 519 → 492 (-27)
24% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 88
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$123M |
| 2 |
NVCHI
New Vernon Capital Holdings II
Morristown,
New Jersey
|
+$79.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$65.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$58.5M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$47.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$67.1M |
| 2 |
Millennium Management
New York
|
-$56.6M |
| 3 |
IP
Interval Partners
New York
|
-$53.4M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$45.7M |
| 5 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$37.4M |
BLD Hedge Fund Activity: Q1 2025 in Review
492 of the 7,466 institutional investors tracked by Wall St. Rank reported a position in TopBuild (BLD) for Q1 2025, worth a combined $8.66B — down 2.3% from $8.86B a quarter earlier.
Sellers outnumbered buyers: 88 funds closed out of BLD and 67 opened new positions — a net loss of 21 holders — while 180 trimmed existing stakes and 165 added.
The largest buyer was Boston Partners, opening a new position worth an estimated $123M. The largest seller was AllianceBernstein, cutting an estimated $67.1M.
- 492 institutional investors held TopBuild (BLD) as of Q1 2025, down from 519 in Q4 2024.
- Funds reported $8.66B of TopBuild stock for Q1 2025, down 2.3% quarter-over-quarter.
- 67 funds opened new TopBuild positions in Q1 2025 and 88 closed out, a net change of -21 holders.
- The largest TopBuild buyer in Q1 2025 was Boston Partners, an estimated $123M added.
- The largest TopBuild seller in Q1 2025 was AllianceBernstein, an estimated $67.1M sold.
Based on aggregated 13F filings for Q1 2025.