TopBuild
BLD was delisted on the 30th of June, 2026.
412 hedge funds and large institutions have $8.2B invested in TopBuild in 2023 Q2 according to their latest regulatory filings, with 65 funds opening new positions, 116 increasing their positions, 157 reducing their positions, and 42 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
144% more call options, than puts
Call options by funds: $17.7M | Put options by funds: $7.26M
55% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 42
29% more capital invested
Capital invested by funds: $6.33B → $8.2B (+$1.87B)
5% more funds holding
Funds holding: 392 → 412 (+20)
1.03% more ownership
Funds ownership: 96.12% → 97.14% (+1%)
26% less repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 157
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$97M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$81.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$62.4M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$36.8M |
| 5 |
NAM
Nissay Asset Management
Tokyo,
Japan
|
+$25.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$86.9M |
| 2 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$48.3M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$27.5M |
| 4 |
PAMS
Pictet Asset Management (Switzerland)
Geneva 73,
Switzerland
|
-$23.4M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$22M |
BLD Hedge Fund Activity: Q2 2023 in Review
412 of the 6,373 institutional investors tracked by Wall St. Rank reported a position in TopBuild (BLD) for Q2 2023, worth a combined $8.2B — up 29% from $6.33B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new BLD positions and 42 closed out — a net gain of 23 holders — while 116 added to existing stakes and 157 trimmed.
The largest buyer was Invesco, adding an estimated $97M. The largest seller was Millennium Management, cutting an estimated $86.9M.
- 412 institutional investors held TopBuild (BLD) as of Q2 2023, up from 392 in Q1 2023.
- Funds reported $8.2B of TopBuild stock for Q2 2023, up 29% quarter-over-quarter.
- 65 funds opened new TopBuild positions in Q2 2023 and 42 closed out, a net change of +23 holders.
- The largest TopBuild buyer in Q2 2023 was Invesco, an estimated $97M added.
- The largest TopBuild seller in Q2 2023 was Millennium Management, an estimated $86.9M sold.
Based on aggregated 13F filings for Q2 2023.