TopBuild
BLD was delisted on the 30th of June, 2026.
435 hedge funds and large institutions have $7.66B invested in TopBuild in 2023 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 141 increasing their positions, 161 reducing their positions, and 42 closing their positions.
67% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 42
6% more funds holding
Funds holding: 412 → 435 (+23)
1.31% less ownership
Funds ownership: 97.14% → 95.83% (-1.3%)
7% less capital invested
Capital invested by funds: $8.2B → $7.66B (-$536M)
12% less repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 161
21% less call options, than puts
Call options by funds: $11.6M | Put options by funds: $14.8M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$104M |
| 2 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$61.5M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$41.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$36.9M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$34.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$84.4M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$69.5M |
| 3 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$43.6M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$40.4M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$28.2M |
BLD Hedge Fund Activity: Q3 2023 in Review
435 of the 6,304 institutional investors tracked by Wall St. Rank reported a position in TopBuild (BLD) for Q3 2023, worth a combined $7.66B — down 6.5% from $8.2B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new BLD positions and 42 closed out — a net gain of 28 holders — while 141 added to existing stakes and 161 trimmed.
The largest buyer was William Blair Investment Management, opening a new position worth an estimated $104M. The largest seller was Findlay Park Partners, cutting an estimated $84.4M.
- 435 institutional investors held TopBuild (BLD) as of Q3 2023, up from 412 in Q2 2023.
- Funds reported $7.66B of TopBuild stock for Q3 2023, down 6.5% quarter-over-quarter.
- 70 funds opened new TopBuild positions in Q3 2023 and 42 closed out, a net change of +28 holders.
- The largest TopBuild buyer in Q3 2023 was William Blair Investment Management, an estimated $104M added.
- The largest TopBuild seller in Q3 2023 was Findlay Park Partners, an estimated $84.4M sold.
Based on aggregated 13F filings for Q3 2023.