TopBuild
BLD was delisted on the 30th of June, 2026.
529 hedge funds and large institutions have $11.1B invested in TopBuild in 2024 Q2 according to their latest regulatory filings, with 76 funds opening new positions, 178 increasing their positions, 197 reducing their positions, and 50 closing their positions.
52% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 50
3% more funds holding
Funds holding: 512 → 529 (+17)
10% less call options, than puts
Call options by funds: $15.2M | Put options by funds: $16.8M
10% less repeat investments, than reductions
Existing positions increased: 178 | Existing positions reduced: 197
3.87% less ownership
Funds ownership: 94.81% → 90.94% (-3.9%)
16% less capital invested
Capital invested by funds: $13.2B → $11.1B (-$2.08B)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$242M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$81.4M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$39.9M |
| 4 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$25.9M |
| 5 |
TC
TwinBeech Capital
Purchase,
New York
|
+$24.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$157M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$137M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$74.5M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$74.4M |
| 5 |
Millennium Management
New York
|
-$59.4M |
BLD Hedge Fund Activity: Q2 2024 in Review
529 of the 6,939 institutional investors tracked by Wall St. Rank reported a position in TopBuild (BLD) for Q2 2024, worth a combined $11.1B — down 16% from $13.2B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new BLD positions and 50 closed out — a net gain of 26 holders — while 178 added to existing stakes and 197 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $242M. The largest seller was William Blair Investment Management, exiting entirely with an estimated $157M sold.
- 529 institutional investors held TopBuild (BLD) as of Q2 2024, up from 512 in Q1 2024.
- Funds reported $11.1B of TopBuild stock for Q2 2024, down 16% quarter-over-quarter.
- 76 funds opened new TopBuild positions in Q2 2024 and 50 closed out, a net change of +26 holders.
- The largest TopBuild buyer in Q2 2024 was Fidelity Investments, an estimated $242M added.
- The largest TopBuild seller in Q2 2024 was William Blair Investment Management, an estimated $157M sold.
Based on aggregated 13F filings for Q2 2024.