TopBuild
BLD was delisted on the 30th of June, 2026.
375 hedge funds and large institutions have $4.61B invested in TopBuild in 2022 Q4 according to their latest regulatory filings, with 66 funds opening new positions, 128 increasing their positions, 118 reducing their positions, and 39 closing their positions.
147% more call options, than puts
Call options by funds: $6.74M | Put options by funds: $2.72M
69% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 39
7% more funds holding
Funds holding: 352 → 375 (+23)
8% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 118
0.7% less ownership
Funds ownership: 95.23% → 94.53% (-0.7%)
9% less capital invested
Capital invested by funds: $5.04B → $4.61B (-$431M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$95.8M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
+$50.7M |
| 3 |
BlackRock
New York
|
+$39.8M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$31.3M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$30.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VH
ValueAct Holdings
San Francisco,
California
|
-$255M |
| 2 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$127M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$88.5M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$60.2M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RTC
401
Riverview Trust Company
Vancouver,
Washington
| – | -$14K | -84 | Closed |
|
|
BBHC
402
Brown Brothers Harriman & Co
New York
| – | -$11K | -69 | Closed |
|
|
MAM
403
Meeder Asset Management
Dublin,
Ohio
| – | -$6K | -39 | Closed |
|
|
ME
404
McIlrath & Eck
Arlington,
Washington
| – | -$4K | -27 | Closed |
|
|
CAL
405
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | -$3K | -19 | Closed |
|
|
MPWT
406
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$2.86K | -18 | -86% |
|
|
SFO
407
Standard Family Office
Sioux Falls,
South Dakota
| – | -$2K | -14 | Closed |
|
|
RCM
408
Raleigh Capital Management
Cary,
North Carolina
| – | -$2K | -12 | Closed |
|
|
ACM
409
Absolute Capital Management
Pittsburgh,
Pennsylvania
| – | -$1.16K | -7 | Closed |
|
|
SWA
410
Sutton Wealth Advisors
Tampa,
Florida
| – | -$659 | -4 | Closed |
|
411
Group One Trading
Chicago,
Illinois
| – | -$477 | -3 | Closed |
|
|
FMP
412
Financial Management Professionals
Austin,
Texas
| – | +$318 | +2 | New |
|
BLD Hedge Fund Activity: Q4 2022 in Review
375 of the 6,225 institutional investors tracked by Wall St. Rank reported a position in TopBuild (BLD) for Q4 2022, worth a combined $4.61B — down 8.5% from $5.04B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new BLD positions and 39 closed out — a net gain of 27 holders — while 128 added to existing stakes and 118 trimmed.
The largest buyer was Millennium Management, adding an estimated $95.8M. The largest seller was ValueAct Holdings, exiting entirely with an estimated $255M sold.
- 375 institutional investors held TopBuild (BLD) as of Q4 2022, up from 352 in Q3 2022.
- Funds reported $4.61B of TopBuild stock for Q4 2022, down 8.5% quarter-over-quarter.
- 66 funds opened new TopBuild positions in Q4 2022 and 39 closed out, a net change of +27 holders.
- The largest TopBuild buyer in Q4 2022 was Millennium Management, an estimated $95.8M added.
- The largest TopBuild seller in Q4 2022 was ValueAct Holdings, an estimated $255M sold.
Based on aggregated 13F filings for Q4 2022.