TopBuild
BLD was delisted on the 30th of June, 2026.
512 hedge funds and large institutions have $13.2B invested in TopBuild in 2024 Q1 according to their latest regulatory filings, with 83 funds opening new positions, 162 increasing their positions, 197 reducing their positions, and 45 closing their positions.
84% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 45
62% more call options, than puts
Call options by funds: $72.3M | Put options by funds: $44.6M
16% more capital invested
Capital invested by funds: $11.4B → $13.2B (+$1.81B)
7% more funds holding
Funds holding: 478 → 512 (+34)
1.31% less ownership
Funds ownership: 96.12% → 94.81% (-1.3%)
18% less repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 197
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 |
Capital World Investors
Los Angeles,
California
|
-$61.1M |
| 4 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$51.3M |
| 5 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$49.8M |
BLD Hedge Fund Activity: Q1 2024 in Review
512 of the 6,962 institutional investors tracked by Wall St. Rank reported a position in TopBuild (BLD) for Q1 2024, worth a combined $13.2B — up 16% from $11.4B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new BLD positions and 45 closed out — a net gain of 38 holders — while 162 added to existing stakes and 197 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $93.5M. The largest seller was Citadel Advisors, cutting an estimated $101M.
- 512 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 16% quarter-over-quarter.
- 83 funds opened new TopBuild positions in Q1 2024 and 45 closed out, a net change of +38 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.