Vault-13

TOPBUILD CORP BLD

COM · Common Stock · CUSIP 89055F103 · ISIN US89055F1030

530 institutional holders +18 vs Q1 2024
28,994,14429.0m shares reported held*
$11.2bnreported value*
68 new 177 added 199 reduced 50 sold out net sold ≈ $638.1m (-1.7m 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 ($20.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $385.23. Options: 8 managers hold calls ($15.2m notional), 10 hold puts ($16.8m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 352Q4 22: 376Q1 23: 394Q2 23: 414Q3 23: 438Q4 23: 479Q1 24: 512Q2 24: 530530Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022352
Q4 2022376
Q1 2023394
Q2 2023414
Q3 2023438
Q4 2023479
Q1 2024512
Q2 2024530

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 outQ2 23: 178 bought or addedQ2 23: 201 cut or sold outQ2 23Q3 23: 207 bought or addedQ3 23: 203 cut or sold outQ4 23: 223 bought or addedQ4 23: 220 cut or sold outQ4 23Q1 24: 238 bought or addedQ1 24: 243 cut or sold outQ2 24: 245 bought or addedQ2 24: 249 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022185157
Q1 2023201166
Q2 2023178201
Q3 2023207203
Q4 2023223220
Q1 2024238243
Q2 2024245249

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ3 23 calls: $11.6mQ3 23 puts: $14.8mQ3 23P/C 1.27Q4 23 calls: $52.2mQ4 23 puts: $37.8mQ4 23P/C 0.72Q1 24 calls: $72.3mQ1 24 puts: $44.6mQ1 24P/C 0.62Q2 24 calls: $15.2mQ2 24 puts: $16.8mQ2 24P/C 1.11
Numbers
QuarterCallsPutsP/C
Q3 2023$11.6m$14.8m1.27
Q4 2023$52.2m$37.8m0.72
Q1 2024$72.3m$44.6m0.62
Q2 2024$15.2m$16.8m1.11

Biggest buyers

Biggest sellers

MORGAN STANLEY Reduced -415,038-415.0k
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Sold out -357,008-357.0k
ALLIANCEBERNSTEIN L.P. Reduced -335,041-335.0k
Invesco Ltd. Reduced -182,805-182.8k
Alyeska Investment Group, L.P. Reduced -182,650-182.7k
MILLENNIUM MANAGEMENT LLC Reduced -145,718-145.7k
Mirae Asset Global Investments Co., Ltd. Reduced -142,413-142.4k
ADAGE CAPITAL PARTNERS GP, L.L.C. Reduced -136,802-136.8k
AXIOM INVESTORS LLC /DE Reduced -134,020-134.0k
BROWN ADVISORY INC Reduced -114,535-114.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.9m10.1k shares
CITADEL ADVISORS LLC Reduced $3.7m9.5k shares
PEAK6 Investments LLC Reduced $3.3m8.5k shares
Cubist Systematic Strategies, LLC Added $2.2m5.7k shares
WOLVERINE TRADING, LLC Reduced $924.6k2.4k shares
SIMPLEX TRADING, LLC Reduced $693.0k1.8k shares
JANE STREET GROUP, LLC Reduced $539.4k1.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $5.9m15.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.8m9.9k shares
Cubist Systematic Strategies, LLC Added $2.0m5.3k shares
Walleye Capital LLC Added $1.5m4.0k shares
J. Goldman & Co LP New $1.0m2.6k shares
JANE STREET GROUP, LLC Reduced $809.1k2.1k shares
PEAK6 Investments LLC Unchanged $616.4k1.6k shares
SIMPLEX TRADING, LLC Reduced $577.0k1.5k shares
WOLVERINE TRADING, LLC Unchanged $539.4k1.4k 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, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.03% of their portfolio New York, NY 3,168,9403.2m $1.2bn $1.2bn 0.03% Added +3.1k +3,060
2 VANGUARD GROUP INC 0.02% of their portfolio Valley Forge, PA 2,987,4463.0m $1.2bn $1.2bn 0.02% Reduced -2.6k -2,581
3 Capital Research Global Investors 0.23% of their portfolio Los Angeles, CA 2,710,1282.7m $1.0bn $1.0bn 0.23% Added +199.6k +199,603
4 FMR LLC 0.04% of their portfolio BOSTON, MA 1,668,7501.7m $642.9m $642.9m 0.04% Added +592.9k +592,915
5 Capital International Investors 0.12% of their portfolio Los Angeles, CA 1,523,3081.5m $586.9m $586.9m 0.12% Added +7.7k +7,652
6 Capital World Investors 0.07% of their portfolio LOS ANGELES, CA 1,145,5171.1m $441.3m $441.3m 0.07% Added +670 +670
7 STATE STREET CORP 0.02% of their portfolio BOSTON, MA 1,085,1181.1m $418.1m $418.1m 0.02% Reduced -39.2k -39,189
8 Invesco Ltd. 0.08% of their portfolio ATLANTA, GA 977,903977.9k $376.8m $376.8m 0.08% Reduced -182.8k -182,805
9 Pictet Asset Management Holding SA 0.39% of their portfolio CAROUGE, V8 890,575890.6k $343.0m $343.0m 0.39% Reduced -104.5k -104,487
10 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 699,000699.0k $269.3m $269.3m 0.03% Reduced -106.5k -106,548
11 Findlay Park Partners LLP 2.40% of their portfolio LONDON, X0 659,907659.9k $254.2m $254.2m 2.40% Reduced -106.4k -106,400
12 GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio BOSTON, MA 615,080615.1k $237.0m $237.0m 0.02% Added +35.6k +35,559
13 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.19% of their portfolio FRANKFURT AM MAIN, 2M 438,291438.3k $168.9m $168.9m 0.19% Added +63.5k +63,494
14 ALLIANCEBERNSTEIN L.P. 0.06% of their portfolio NASHVILLE, TN 433,426433.4k $167.0m $167.0m 0.06% Reduced -335.0k -335,041
15 DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio AUSTIN, TX 399,287399.3k $153.8m $153.8m 0.04% Reduced -37.5k -37,497
16 NORGES BANK 0.02% of their portfolio OSLO, Q8 377,606377.6k $145.5m $145.5m 0.02% Added +18.5k +18,538
17 Liontrust Investment Partners LLP 1.82% of their portfolio LONDON, X0 332,050332.1k $127.9m $127.9m 1.82% Added +57.9k +57,880
18 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 261,965262.0k $100.9m $100.9m 0.02% Added +2.1k +2,133
19 AXIOM INVESTORS LLC /DE 0.88% of their portfolio GREENWICH, CT 261,453261.5k $100.7m $100.7m 0.88% Reduced -134.0k -134,020
20 NORTHERN TRUST CORP 0.02% of their portfolio CHICAGO, IL 254,331254.3k $98.0m $98.0m 0.02% Added +26.5k +26,475
21 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 227,432227.4k $87.6m $87.6m 0.02% Added +16.8k +16,751
22 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 208,734208.7k $80.4m $80.4m 0.01% Reduced -415.0k -415,038
23 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 204,835204.8k $78.9m $78.9m 0.02% Added +12.3k +12,330
24 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.19% of their portfolio CAUSEWAY BAY, K3 202,288202.3k $77.9m $77.9m 0.19% First filing
25 FULLER & THALER ASSET MANAGEMENT, INC. 0.32% of their portfolio SAN MATEO, CA 193,307193.3k $74.5m $74.5m 0.32% Added +624 +624
26 NISSAY ASSET MANAGEMENT CORP /JAPAN 0.47% of their portfolio Tokyo, M0 184,121184.1k $70.9m $70.9m 0.47% Reduced -51.1k -51,080
27 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 181,856181.9k $70.1m $70.1m 0.01% Added +36.4k +36,365
28 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio NEW YORK, NY 151,236151.2k $58.3m $58.3m 0.02% Added +52.5k +52,542
29 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 150,002150.0k $57.8m $57.8m 0.00% Added +516 +516
30 Nuveen Asset Management, LLC 0.02% of their portfolio CHICAGO, IL 147,854147.9k $57.0m $57.0m 0.02% Reduced -3.3k -3,307
31 LAZARD ASSET MANAGEMENT LLC 0.07% of their portfolio NEW YORK, NY 147,010147.0k $56.6m $56.6m 0.07% Reduced -21.4k -21,413
32 DekaBank Deutsche Girozentrale 0.10% of their portfolio FRANKFURT, 2M 140,738140.7k $53.1m $53.1m 0.10% Added +10.0k +10,000
33 Fiera Capital Corp 0.17% of their portfolio MONTREAL, A8 138,574138.6k $53.4m $53.4m 0.17% Added +1.5k +1,511
34 Boston Trust Walden Corp 0.39% of their portfolio BOSTON, MA 135,776135.8k $52.3m $52.3m 0.39% Added +3.8k +3,809
35 PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio DES MOINES, IA 133,962134.0k $51.6m $51.6m 0.03% Added +14.9k +14,865
36 DEUTSCHE BANK AG\ 0.02% of their portfolio FRANKFURT AM MAIN, 2M 133,787133.8k $51.5m $51.5m 0.02% Reduced -16.0k -16,042
37 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio Boston, MA 130,262130.3k $50.2m $50.2m 0.02% Reduced -14.1k -14,140
38 BROWN ADVISORY INC 0.07% of their portfolio BALTIMORE, MD 129,092129.1k $49.7m $49.7m 0.07% Reduced -114.5k -114,535
39 Qube Research & Technologies Ltd 0.08% of their portfolio LONDON, X0 117,227117.2k $45.2m $45.2m 0.08% Reduced -20.0k -19,969
40 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 104,511104.5k $40.3m $40.3m 0.00% Reduced -18.7k -18,664
41 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 98,80198.8k $38.1m $38.1m 0.03% Reduced -145.7k -145,718
42 SCHRODER INVESTMENT MANAGEMENT GROUP 0.04% of their portfolio London, X0 98,51898.5k $38.0m $38.0m 0.04% Added +98.0k +97,955
43 ROYAL LONDON ASSET MANAGEMENT LTD 0.10% of their portfolio UNITED KINGDOM, X0 98,48798.5k $37.9m $37.9m 0.10% Reduced -26.6k -26,596
44 Robeco Schweiz AG 0.72% of their portfolio ZURICH, V8 97,23097.2k $37.5m $37.5m 0.72% Reduced -9.2k -9,200
45 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 96,68196.7k $37.2m $37.2m 0.01% Reduced -4.2k -4,223
46 Robeco Institutional Asset Management B.V. 0.08% of their portfolio ROTTERDAM, P7 91,61891.6k $35.3m $35.3m 0.08% Added +2.4k +2,411
47 Point72 Asset Management, L.P. 0.11% of their portfolio STAMFORD, CT 90,64890.6k $34.9m $34.9m 0.11% Reduced -32.1k -32,109
48 RHUMBLINE ADVISERS 0.03% of their portfolio BOSTON, MA 84,69384.7k $32.6m $32.6m 0.03% Reduced -1.4k -1,426
49 FIRST TRUST ADVISORS LP 0.03% of their portfolio Wheaton, IL 82,27982.3k $31.7m $31.7m 0.03% Added +3.2k +3,182
50 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.08% of their portfolio Paris, I0 78,23078.2k $30.1m $30.1m 0.08% Reduced -3.3k -3,304
51 Ranger Investment Management, L.P. 1.97% of their portfolio DALLAS, TX 75,05675.1k $28.9m $28.9m 1.97% Reduced -1.0k -1,030
52 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.05% of their portfolio Boston, MA 75,00075.0k $28.9m $28.9m 0.05% Reduced -136.8k -136,802
53 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.07% of their portfolio LOS ANGELES, CA 74,84774.8k $28.8m $28.8m 0.07% Reduced -2.7k -2,703
54 Retirement Systems of Alabama 0.10% of their portfolio MONTGOMERY, AL 69,86569.9k $26.9m $26.9m 0.10% Reduced -4.1k -4,122
55 AXA S.A. 0.04% of their portfolio PARIS, I0 65,47265.5k $25.2m $25.2m 0.04% Added +28.0k +27,997
56 Grantham, Mayo, Van Otterloo & Co. LLC 0.08% of their portfolio Boston, MA 65,03465.0k $25.1m $25.1m 0.08% Added +4.0k +4,007
57 T. Rowe Price Investment Management, Inc. 0.02% of their portfolio BALTIMORE, MD 64,81464.8k $25.0m $25.0m 0.02% Added +26.7k +26,725
58 California Public Employees Retirement System 0.02% of their portfolio Sacramento, CA 62,67362.7k $24.1m $24.1m 0.02% Added +1.5k +1,499
59 Swiss National Bank 0.02% of their portfolio ZURICH, V8 62,62162.6k $24.1m $24.1m 0.02% Reduced -100 -100
60 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 61,26961.3k $23.6m $23.6m 0.01% Reduced -18.7k -18,706
61 TWINBEECH CAPITAL LP 0.46% of their portfolio PURCHASE, NY 60,76760.8k $23.4m $23.4m 0.46% New
62 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio BOSTON, MA 60,47960.5k $23.3m $23.3m 0.02% Reduced -78.6k -78,559
63 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 59,20159.2k $22.8m $22.8m 0.02% Added +56.2k +56,164
64 NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio ALBANY, NY 58,42458.4k $22.5m $22.5m 0.03% Added +92 +92
65 Amundi 0.01% of their portfolio Paris, I0 57,23757.2k $21.7m $21.7m 0.01% Reduced -4.8k -4,847
66 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 54,75854.8k $21.1m $21.1m 0.01% Added +12.5k +12,512
67 Artemis Investment Management LLP 0.28% of their portfolio EDINBURGH, X0 53,10053.1k $20.5m $20.5m 0.28% Reduced -45.7k -45,686
68 Mitsubishi UFJ Trust & Banking Corp 0.05% of their portfolio TOKYO, M0 51,28751.3k $19.8m $19.8m 0.05% New
69 NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio NEW YORK, NY 50,47150.5k $19.4m $19.4m 0.02% Added +13.1k +13,076
70 Legal & General Group Plc 0.01% of their portfolio London, X0 48,17548.2k $18.6m $18.6m 0.01% Reduced -18.3k -18,272
71 VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio ATLANTA, GA 47,77047.8k $18.4m $18.4m 0.02% Added +24.6k +24,641
72 KENNEDY CAPITAL MANAGEMENT LLC 0.38% of their portfolio ST LOUIS, MO 46,68246.7k $18.0m $18.0m 0.38% Reduced -3.2k -3,173
73 FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.12% of their portfolio Cincinnati, OH 46,60446.6k $18.0m $18.0m 0.12% Reduced -730 -730
74 Forge First Asset Management Inc. 7.52% of their portfolio TORONTO, Z4 45,02445.0k $17.4m $17.4m 7.52% Added +8.3k +8,300
75 Hosking Partners LLP 0.62% of their portfolio LONDON, X0 43,23243.2k $16.7m $16.7m 0.62% Reduced -3.9k -3,883
76 Verition Fund Management LLC 0.13% of their portfolio GREENWICH, CT 43,22443.2k $16.7m $16.7m 0.13% Added +29.4k +29,447
77 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 43,05943.1k $16.6m $16.6m 0.01% Reduced -9.4k -9,431
78 Candriam S.C.A. 0.10% of their portfolio STRASSEN, N4 42,18742.2k $16.3m $16.3m 0.10% Reduced -4.9k -4,860
79 Boston Common Asset Management, LLC 0.42% of their portfolio BOSTON, MA 42,05742.1k $16.2m $16.2m 0.42% Reduced -3.0k -3,046
80 Schonfeld Strategic Advisors LLC 0.12% of their portfolio NEW YORK, NY 41,62241.6k $16.0m $16.0m 0.12% Added +8.1k +8,084
81 Engineers Gate Manager LP 0.36% of their portfolio NEW YORK, NY 41,18341.2k $15.9m $15.9m 0.36% Added +30.8k +30,782
82 Corebridge Financial, Inc. 0.08% of their portfolio HOUSTON, TX 40,04040.0k $15.4m $15.4m 0.08% First filing
83 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 37,93637.9k $14.6m $14.6m 0.01% Reduced -16.6k -16,617
84 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio ALBANY, NY 37,61737.6k $14.5m $14.5m 0.03% Added +474 +474
85 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 36,48636.5k $14.1m $14.1m 0.01% Added +9.1k +9,091
86 Man Group plc 0.04% of their portfolio LONDON, X0 35,96936.0k $13.9m $13.9m 0.04% Added +6.4k +6,360
87 Distillate Capital Partners LLC 0.73% of their portfolio CHICAGO, IL 35,90235.9k $13.8m $13.8m 0.73% New
88 WHITTIER TRUST CO 0.20% of their portfolio SOUTH PASADENA, CA 35,81935.8k $13.8m $13.8m 0.20% Added +1.7k +1,738
89 Dixon Mitchell Investment Counsel Inc. 0.69% of their portfolio VANCOUVER, A1 35,45535.5k $13.8m $13.8m 0.69% Added +953 +953
90 BI Asset Management Fondsmaeglerselskab A/S 0.22% of their portfolio KOBENHAVN, G7 34,92934.9k $13.5m $13.5m 0.22% Added +33.4k +33,442
91 NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio STOCKHOLM, V7 34,78234.8k $13.4m $13.4m 0.02% Added +5.8k +5,798
92 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 33,55833.6k $12.9m $12.9m 0.01% Reduced -28.4k -28,441
93 Aberdeen Group plc 0.02% of their portfolio EDINBURGH, X0 33,48333.5k $12.9m $12.9m 0.02% New
94 GLENMEDE TRUST CO NA 0.06% of their portfolio PHILADELPHIA, PA 33,16633.2k $12.8m $12.8m 0.06% Reduced -952 -952
95 GW&K Investment Management, LLC 0.11% of their portfolio BOSTON, MA 32,52932.5k $12.5m $12.5m 0.11% Reduced -786 -786
96 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio TALLAHASSEE, FL 32,17232.2k $12.4m $12.4m 0.02% Added +2.4k +2,434
97 Alyeska Investment Group, L.P. 0.07% of their portfolio CHICAGO, IL 31,58931.6k $12.2m $12.2m 0.07% Reduced -182.7k -182,650
98 PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.05% of their portfolio DENVER, CO 31,16331.2k $12.0m $12.0m 0.05% Added +27.6k +27,605
99 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 31,15931.2k $12.0m $12.0m 0.01% Reduced -783 -783
100 Allianz Asset Management GmbH 0.02% of their portfolio MUNICH, 2M 31,01931.0k $12.0m $12.0m 0.02% Reduced -33.9k -33,865