TopBuild
BLD was delisted on the 30th of June, 2026.
513 hedge funds and large institutions have $13.2B invested in TopBuild in 2024 Q1 according to their latest regulatory filings, with 84 funds opening new positions, 161 increasing their positions, 198 reducing their positions, and 45 closing their positions.
87% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 45
62% more call options, than puts
Call options by funds: $72.3M | Put options by funds: $44.6M
15% more capital invested
Capital invested by funds: $11.5B → $13.2B (+$1.75B)
7% more funds holding
Funds holding: 478 → 513 (+35)
1.77% less ownership
Funds ownership: 96.58% → 94.81% (-1.8%)
19% less repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 198
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$93.5M |
| 2 |
Millennium Management
New York
|
+$93M |
| 3 |
AI
Axiom Investors
Greenwich,
Connecticut
|
+$63.3M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$48.2M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$46.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$101M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$69.2M |
| 3 |
Morgan Stanley
New York
|
-$61.5M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$61.1M |
| 5 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$51.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IUHSA
551
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
| – | -$7.11K | -19 | Closed |
|
|
GWS
552
Glassman Wealth Services
Vienna,
Virginia
| – | -$5.99K | -16 | Closed |
|
553
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$4K | -12 | Closed |
|
|
TCWA
554
Turtle Creek Wealth Advisors
Dallas,
Texas
| – | -$2.99K | -8 | Closed |
|
|
BWM
555
BKM Wealth Management
Brookfield,
Wisconsin
| – | -$2.62K | -7 | Closed |
|
|
GI
556
Gradient Investments
Arden Hills,
Minnesota
| – | -$1.87K | -5 | Closed |
|
|
ASN
557
Advisory Services Network
Atlanta,
Georgia
| – | -$1.12K | -3 | Closed |
|
|
CAL
558
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | +$391 | +1 | New |
|
BLD Hedge Fund Activity: Q1 2024 in Review
513 of the 6,948 institutional investors tracked by Wall St. Rank reported a position in TopBuild (BLD) for Q1 2024, worth a combined $13.2B — up 15% from $11.5B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new BLD positions and 45 closed out — a net gain of 39 holders — while 161 added to existing stakes and 198 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $93.5M. The largest seller was Citadel Advisors, cutting an estimated $101M.
- 513 institutional investors held TopBuild (BLD) as of Q1 2024, up from 478 in Q4 2023.
- Funds reported $13.2B of TopBuild stock for Q1 2024, up 15% quarter-over-quarter.
- 84 funds opened new TopBuild positions in Q1 2024 and 45 closed out, a net change of +39 holders.
- The largest TopBuild buyer in Q1 2024 was Fidelity Investments, an estimated $93.5M added.
- The largest TopBuild seller in Q1 2024 was Citadel Advisors, an estimated $101M sold.
Based on aggregated 13F filings for Q1 2024.