TopBuild
BLD was delisted on the 30th of June, 2026.
374 hedge funds and large institutions have $4.61B invested in TopBuild in 2022 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 128 increasing their positions, 116 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
72% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 39
10% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 116
7% more funds holding
Funds holding: 351 → 374 (+23)
3.12% less ownership
Funds ownership: 95.18% → 92.07% (-3.1%)
9% less capital invested
Capital invested by funds: $5.04B → $4.61B (-$430M)
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 |
BLD Hedge Fund Activity: Q4 2022 in Review
374 of the 6,240 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: 67 funds opened new BLD positions and 39 closed out — a net gain of 28 holders — while 128 added to existing stakes and 116 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.
- 374 institutional investors held TopBuild (BLD) as of Q4 2022, up from 351 in Q3 2022.
- Funds reported $4.61B of TopBuild stock for Q4 2022, down 8.5% quarter-over-quarter.
- 67 funds opened new TopBuild positions in Q4 2022 and 39 closed out, a net change of +28 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.