TopBuild
BLD was delisted on the 30th of June, 2026.
551 hedge funds and large institutions have $11.4B invested in TopBuild in 2025 Q3 according to their latest regulatory filings, with 109 funds opening new positions, 174 increasing their positions, 179 reducing their positions, and 41 closing their positions.
166% more first-time investments, than exits
New positions opened: 109 | Existing positions closed: 41
21% more capital invested
Capital invested by funds: $9.44B → $11.4B (+$1.98B)
13% more funds holding
Funds holding: 488 → 551 (+63)
1.94% more ownership
Funds ownership: 101.93% → 103.87% (+1.9%)
3% less repeat investments, than reductions
Existing positions increased: 174 | Existing positions reduced: 179
68% less call options, than puts
Call options by funds: $15.2M | Put options by funds: $47.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
+$103M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
+$89.8M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
+$77.4M |
| 4 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
+$47.3M |
| 5 |
BNP Paribas Asset Management
Paris,
France
|
+$43.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$104M |
| 2 |
Pictet Asset Management
Carouge,
Switzerland
|
-$78.4M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$55.7M |
| 4 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$46.4M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$38.7M |
BLD Hedge Fund Activity: Q3 2025 in Review
551 of the 7,631 institutional investors tracked by Wall St. Rank reported a position in TopBuild (BLD) for Q3 2025, worth a combined $11.4B — up 21% from $9.44B a quarter earlier.
Buyers outnumbered sellers: 109 funds opened new BLD positions and 41 closed out — a net gain of 68 holders — while 174 added to existing stakes and 179 trimmed.
The largest buyer was Royal London Asset Management, adding an estimated $103M. The largest seller was Capital International Investors, cutting an estimated $104M.
- 551 institutional investors held TopBuild (BLD) as of Q3 2025, up from 488 in Q2 2025.
- Funds reported $11.4B of TopBuild stock for Q3 2025, up 21% quarter-over-quarter.
- 109 funds opened new TopBuild positions in Q3 2025 and 41 closed out, a net change of +68 holders.
- The largest TopBuild buyer in Q3 2025 was Royal London Asset Management, an estimated $103M added.
- The largest TopBuild seller in Q3 2025 was Capital International Investors, an estimated $104M sold.
Based on aggregated 13F filings for Q3 2025.