Vault-13

TOPBUILD CORP BLD

COM · Common Stock · CUSIP 89055F103 · ISIN US89055F1030

394 institutional holders +18 vs Q4 2022
30,998,94131.0m shares reported held*
$6.4bnreported value*
55 new 146 added 127 reduced 39 sold out net bought ≈ $182.6m (+879.5k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($19.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $208.05. Options: 7 managers hold calls ($10.2m notional), 6 hold puts ($4.9m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 352Q4 22: 376Q1 23: 394394Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022352
Q4 2022376
Q1 2023394

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q4 22: 185 bought or addedQ4 22: 157 cut or sold outQ4 22Q1 23: 201 bought or addedQ1 23: 166 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022185157
Q1 2023201166

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$5m$10m$15mQ3 22 calls: $3.0mQ3 22 puts: $7.5mQ3 22P/C 2.47Q4 22 calls: $6.3mQ4 22 puts: $2.7mQ4 22P/C 0.43Q1 23 calls: $10.2mQ1 23 puts: $4.9mQ1 23P/C 0.48
Numbers
QuarterCallsPutsP/C
Q3 2022$3.0m$7.5m2.47
Q4 2022$6.3m$2.7m0.43
Q1 2023$10.2m$4.9m0.48

Biggest buyers

FMR LLC Added +614,918+614.9k
Artemis Investment Management LLP New +267,161+267.2k
Capital International Investors Added +176,415+176.4k
AMERIPRISE FINANCIAL INC Added +138,058+138.1k
CITADEL ADVISORS LLC Added +113,054+113.1k
Point72 Asset Management, L.P. New +109,000+109.0k
AMERICAN CENTURY COMPANIES INC New +104,321+104.3k
Polar Asset Management Partners Inc. New +87,754+87.8k
Driehaus Capital Management LLC New +72,721+72.7k
ADAGE CAPITAL PARTNERS GP, L.L.C. Added +71,671+71.7k

Biggest sellers

Findlay Park Partners LLP Reduced -348,894-348.9k
MILLENNIUM MANAGEMENT LLC Reduced -301,704-301.7k
NORGES BANK Reduced -111,550-111.5k
DIMENSIONAL FUND ADVISORS LP Reduced -98,176-98.2k
GOLDMAN SACHS GROUP INC Reduced -97,065-97.1k
Candriam S.C.A. Reduced -81,657-81.7k
DEUTSCHE BANK AG\ Reduced -77,997-78.0k
Qube Research & Technologies Ltd Reduced -73,826-73.8k
BlackRock Inc. Reduced -55,259-55.3k
Alyeska Investment Group, L.P. Reduced -46,394-46.4k

Biggest calls

CITADEL ADVISORS LLC Reduced $3.7m17.7k shares
Walleye Trading LLC Added $2.6m12.3k shares
Twin Tree Management, LP New $2.2m10.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.2m5.7k shares
JANE STREET GROUP, LLC Reduced $457.9k2.2k shares
GROUP ONE TRADING LLC Reduced $41.6k200 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $2.3m11.1k shares
PEAK6 Investments LLC Reduced $1.2m5.7k shares
Walleye Trading LLC Added $770.1k3.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $457.9k2.2k shares
SIMPLEX TRADING, LLC Added $208.0k1.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Capital Research Global Investors 13G · institution -2.8 pts · filed 2026-08-12 5.6% -2.8 pts 1.6m≈ $553.8m 2026-08-12
Capital World Investors 13G · institution new · filed 2026-05-14 5.3% new 1.5m≈ $525.9m 2026-05-14
VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 5.2% new 1.5m≈ $522.2m 2026-04-30

Fell to 5% or below in the last year: HBK INVESTMENTS L P (0.0%, 2026-08-14), FMR LLC (0.6%, 2026-08-06), BlackRock, Inc. (1.8%, 2026-07-08), Capital International Investors (2.0%, 2026-05-14), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.02% of their portfolio New York, NY 3,245,7913.2m $675.6m $675.6m 0.02% Reduced -55.3k -55,259
2 VANGUARD GROUP INC 0.02% of their portfolio Valley Forge, PA 2,971,8203.0m $618.6m $618.6m 0.02% Added +23.5k +23,476
3 Capital Research Global Investors 0.16% of their portfolio Los Angeles, CA 2,746,3362.7m $571.6m $571.6m 0.16% Added +64.3k +64,327
4 PICTET ASSET MANAGEMENT SA 0.39% of their portfolio GENEVA 73, V8 1,507,1721.5m $313.7m $313.7m 0.39% Added +59.4k +59,414
5 Findlay Park Partners LLP 3.31% of their portfolio LONDON, X0 1,504,6761.5m $313.2m $313.2m 3.31% Reduced -348.9k -348,894
6 Capital World Investors 0.06% of their portfolio LOS ANGELES, CA 1,417,1001.4m $295.0m $295.0m 0.06% Added +27.3k +27,300
7 Capital International Investors 0.07% of their portfolio Los Angeles, CA 1,267,0321.3m $263.7m $263.7m 0.07% Added +176.4k +176,415
8 FMR LLC 0.01% of their portfolio BOSTON, MA 1,192,1141.2m $248.1m $248.1m 0.01% Added +614.9k +614,918
9 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 998,253998.3k $207.8m $207.8m 0.01% Reduced -6.1k -6,066
10 ALLIANCEBERNSTEIN L.P. 0.08% of their portfolio NASHVILLE, TN 863,203863.2k $179.7m $179.7m 0.08% Added +15.3k +15,315
11 DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio AUSTIN, TX 683,925683.9k $142.3m $142.3m 0.05% Reduced -98.2k -98,176
12 MILLENNIUM MANAGEMENT LLC 0.14% of their portfolio NEW YORK, NY 562,533562.5k $117.1m $117.1m 0.14% Reduced -301.7k -301,704
13 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 474,186474.2k $98.7m $98.7m 0.01% Added +65.2k +65,167
14 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 446,285446.3k $92.9m $92.9m 0.01% Added +14.6k +14,623
15 Invesco Ltd. 0.02% of their portfolio ATLANTA, GA 406,863406.9k $84.7m $84.7m 0.02% Reduced -27.5k -27,471
16 Alyeska Investment Group, L.P. 0.67% of their portfolio CHICAGO, IL 363,082363.1k $75.6m $75.6m 0.67% Reduced -46.4k -46,394
17 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 355,790355.8k $74.1m $74.1m 0.02% Added +6.5k +6,524
18 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 348,157348.2k $72.5m $72.5m 0.02% Added +138.1k +138,058
19 NORGES BANK 0.02% of their portfolio OSLO, Q8 337,667337.7k $70.3m $70.3m 0.02% Reduced -111.5k -111,550
20 Boston Trust Walden Corp 0.55% of their portfolio BOSTON, MA 304,238304.2k $63.3m $63.3m 0.55% Added +17.4k +17,406
21 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 303,542303.5k $63.2m $63.2m 0.01% Added +2.4k +2,438
22 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 270,682270.7k $56.3m $56.3m 0.01% Added +3.8k +3,759
23 Artemis Investment Management LLP 0.68% of their portfolio EDINBURGH, X0 267,161267.2k $55.5m $55.5m 0.68% New
24 CITADEL ADVISORS LLC 0.06% of their portfolio MIAMI, FL 260,820260.8k $54.3m $54.3m 0.06% Added +113.1k +113,054
25 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.12% of their portfolio Boston, MA 250,000250.0k $52.0m $52.0m 0.12% Added +71.7k +71,671
26 BROWN ADVISORY INC 0.09% of their portfolio BALTIMORE, MD 244,397244.4k $50.9m $50.9m 0.09% Added +3.1k +3,142
27 FULLER & THALER ASSET MANAGEMENT, INC. 0.29% of their portfolio SAN MATEO, CA 237,663237.7k $49.5m $49.5m 0.29% Reduced -238 -238
28 DEUTSCHE BANK AG\ 0.03% of their portfolio FRANKFURT AM MAIN, 2M 233,154233.2k $48.5m $48.5m 0.03% Reduced -78.0k -77,997
29 Channing Capital Management, LLC 1.51% of their portfolio Chicago, IL 225,167225.2k $46.9m $46.9m 1.51% Added +38.0k +38,044
30 Fiera Capital Corp 0.14% of their portfolio MONTREAL, A8 224,718224.7k $46.8m $46.8m 0.14% Added +66.1k +66,065
31 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 197,567197.6k $41.1m $41.1m 0.01% Reduced -6.8k -6,823
32 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 187,243187.2k $39.0m $39.0m 0.00% Reduced -19.5k -19,458
33 Robeco Schweiz AG 0.62% of their portfolio ZURICH, V8 182,900182.9k $38.1m $38.1m 0.62% Unchanged
34 NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio ALBANY, NY 155,885155.9k $32.4m $32.4m 0.04% Added +27.5k +27,536
35 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 149,153149.2k $31.0m $31.0m 0.01% Added +23.4k +23,412
36 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 148,378148.4k $30.9m $30.9m 0.01% Reduced -97.1k -97,065
37 Mirae Asset Global Investments Co., Ltd. 0.07% of their portfolio SEOUL, M5 141,953142.0k $29.5m $29.5m 0.07% Added +8.4k +8,418
38 ROYAL LONDON ASSET MANAGEMENT LTD 0.12% of their portfolio UNITED KINGDOM, X0 138,423138.4k $28.8m $28.8m 0.12% Reduced -21.8k -21,775
39 LAZARD ASSET MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 134,331134.3k $28.0m $28.0m 0.04% Added +2.5k +2,517
40 RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio NEW YORK, NY 132,900132.9k $27.7m $27.7m 0.04% Added +37.4k +37,400
41 FIRST TRUST ADVISORS LP 0.03% of their portfolio Wheaton, IL 130,135130.1k $27.1m $27.1m 0.03% Added +30.5k +30,537
42 PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio DES MOINES, IA 126,750126.8k $26.4m $26.4m 0.02% Added +446 +446
43 Candriam S.C.A. 0.16% of their portfolio STRASSEN, N4 123,034123.0k $23.6m $23.6m 0.16% Reduced -81.7k -81,657
44 Point72 Asset Management, L.P. 0.08% of their portfolio STAMFORD, CT 109,000109.0k $22.7m $22.7m 0.08% New
45 AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio KANSAS CITY, MO 104,321104.3k $21.7m $21.7m 0.02% New
46 DekaBank Deutsche Girozentrale 0.05% of their portfolio FRANKFURT, 2M 100,000100.0k $19.4m $19.4m 0.05% Added +18.9k +18,883
47 RHUMBLINE ADVISERS 0.03% of their portfolio BOSTON, MA 97,68497.7k $20.3m $20.3m 0.03% Added +2.0k +1,955
48 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 89,85989.9k $18.7m $18.7m 0.00% Added +9.0k +8,980
49 Qube Research & Technologies Ltd 0.11% of their portfolio LONDON, X0 88,48088.5k $18.4m $18.4m 0.11% Reduced -73.8k -73,826
50 Ranger Investment Management, L.P. 1.23% of their portfolio DALLAS, TX 87,93087.9k $18.3m $18.3m 1.23% Added +1.8k +1,805
51 Polar Asset Management Partners Inc. 0.32% of their portfolio TORONTO, A6 87,75487.8k $18.3m $18.3m 0.32% New
52 NFJ INVESTMENT GROUP, LLC 0.48% of their portfolio DALLAS, TX 86,54386.5k $18.0m $18.0m 0.48% Reduced -21.3k -21,301
53 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 84,73684.7k $17.6m $17.6m 0.01% Reduced -501 -501
54 Amundi 0.01% of their portfolio Paris, I0 82,94782.9k $15.7m $15.7m 0.01% Added +27.2k +27,241
55 Grantham, Mayo, Van Otterloo & Co. LLC 0.09% of their portfolio Boston, MA 80,92280.9k $16.8m $16.8m 0.09% Added +31.7k +31,712
56 Boston Common Asset Management, LLC 0.35% of their portfolio BOSTON, MA 80,10180.1k $16.7m $16.7m 0.35% Reduced -14.5k -14,464
57 Cubist Systematic Strategies, LLC 0.15% of their portfolio STAMFORD, CT 78,18278.2k $16.3m $16.3m 0.15% Reduced -6.9k -6,869
58 KENNEDY CAPITAL MANAGEMENT LLC 0.46% of their portfolio ST LOUIS, MO 75,42675.4k $15.7m $15.7m 0.46% Reduced -56 -56
59 Dixon Mitchell Investment Counsel Inc. 0.96% of their portfolio VANCOUVER, A1 73,58073.6k $15.3m $15.3m 0.96% Reduced -1.3k -1,256
60 Driehaus Capital Management LLC 0.21% of their portfolio Chicago, IL 72,72172.7k $15.1m $15.1m 0.21% New
61 Swiss National Bank 0.01% of their portfolio ZURICH, V8 69,02169.0k $14.4m $14.4m 0.01% Reduced -9.1k -9,100
62 STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio MADISON, WI 65,99366.0k $13.7m $13.7m 0.04% Reduced -8.2k -8,243
63 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 65,87565.9k $13.7m $13.7m 0.01% Reduced -5.9k -5,933
64 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 65,87065.9k $13.7m $13.7m 0.01% Reduced -10.7k -10,677
65 Retirement Systems of Alabama 0.06% of their portfolio MONTGOMERY, AL 62,67662.7k $13.0m $13.0m 0.06% Reduced -364 -364
66 FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.10% of their portfolio Cincinnati, OH 61,48561.5k $12.8m $12.8m 0.10% Reduced -12.1k -12,129
67 Hudson Bay Capital Management LP 0.07% of their portfolio STAMFORD, CT 61,00061.0k $12.7m $12.7m 0.07% New
68 MACQUARIE GROUP LTD 0.02% of their portfolio Sydney, NSW 2000, C3 60,99361.0k $12.7m $12.7m 0.02% Reduced -9.3k -9,292
69 RK Capital Management, LLC 2.67% of their portfolio Denver, CO 58,48558.5k $12.2m $12.2m 2.67% Reduced -5.9k -5,920
70 Legal & General Group Plc 0.00% of their portfolio London, X0 56,54056.5k $11.8m $11.8m 0.00% Reduced -2.6k -2,589
71 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 54,70254.7k $11.4m $11.4m 0.00% Added +4.6k +4,586
72 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 54,52254.5k $11.3m $11.3m 0.01% Added +2.5k +2,459
73 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.08% of their portfolio NEW YORK, NY 53,50753.5k $11.1m $11.1m 0.08% Reduced -1.1k -1,104
74 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 52,76252.8k $11.0m $11.0m 0.02% Reduced -13.1k -13,119
75 AMERICAN INTERNATIONAL GROUP, INC. 0.07% of their portfolio New York, NY 49,46149.5k $10.3m $10.3m 0.07% Reduced -467 -467
76 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio ALBANY, NY 46,27646.3k $9.6m $9.6m 0.02% Reduced -2.1k -2,100
77 LOS ANGELES CAPITAL MANAGEMENT LLC 0.04% of their portfolio LOS ANGELES, CA 44,77044.8k $9.3m $9.3m 0.04% New
78 TUDOR INVESTMENT CORP ET AL 0.16% of their portfolio STAMFORD, CT 41,63041.6k $8.7m $8.7m 0.16% Reduced -18.3k -18,336
79 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 41,59441.6k $8.7m $8.7m 0.01% New
80 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 41,10441.1k $8.6m $8.6m 0.01% Reduced -947 -947
81 BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio PARIS, I0 39,02339.0k $8.1m $8.1m 0.02% Reduced -7.5k -7,508
82 Hosking Partners LLP 0.37% of their portfolio LONDON, X0 38,46838.5k $8.0m $8.0m 0.37% Reduced -7.7k -7,693
83 DNB Asset Management AS 0.05% of their portfolio Oslo, Q8 38,41638.4k $8.0m $8.0m 0.05% Reduced -232 -232
84 Daiwa Securities Group Inc. 0.06% of their portfolio CHIYODA-KU,TOKYO, M0 38,40038.4k $8.0m $8.0m 0.06% Reduced -31.9k -31,900
85 Ziegler Capital Management, LLC 0.30% of their portfolio CHICAGO, IL 36,24736.2k $7.5m $7.5m 0.30% Reduced -829 -829
86 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 36,23036.2k $7.5m $7.5m 0.01% Added +14.7k +14,680
87 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 35,25635.3k $7.3m $7.3m 0.01% Reduced -12.0k -11,960
88 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio TALLAHASSEE, FL 29,73829.7k $6.2m $6.2m 0.01% Reduced -1.8k -1,840
89 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 29,53029.5k $6.1m $6.1m 0.01% Added +4.3k +4,332
90 GW&K Investment Management, LLC 0.06% of their portfolio BOSTON, MA 29,52529.5k $6.1m $6.1m 0.06% Reduced -254 -254
91 WHITTIER TRUST CO 0.11% of their portfolio SOUTH PASADENA, CA 28,92428.9k $6.0m $6.0m 0.11% Added +352 +352
92 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 28,91828.9k $6.0m $6.0m 0.02% New
93 Swedbank AB 0.01% of their portfolio STOCKHOLM, V7 28,79628.8k $6.0m $6.0m 0.01% Added +8.5k +8,500
94 TEXAS PERMANENT SCHOOL FUND CORP 0.06% of their portfolio AUSTIN, TX 28,67328.7k $6.0m $6.0m 0.06% Added +7.2k +7,179
95 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 28,66928.7k $6.0m $6.0m 0.00% Added +4.6k +4,604
96 NISA INVESTMENT ADVISORS, LLC 0.05% of their portfolio ST. LOUIS, MO 28,25328.3k $5.9m $5.9m 0.05% Added +2.0k +2,008
97 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 27,25327.3k $5.7m $5.7m 0.01% Reduced -1.2k -1,244
98 ALGERT GLOBAL LLC 0.26% of their portfolio SAN FRANCISCO, CA 26,74426.7k $5.6m $5.6m 0.26% Added +5.1k +5,084
99 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 26,43326.4k $5.5m $5.5m 0.01% Added +4.7k +4,697
100 Skandinaviska Enskilda Banken AB (publ) 0.04% of their portfolio STOCKHOLM, V7 25,80025.8k $5.4m $5.4m 0.04% Added +700 +700