Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Topbuild Cor (BLD)

540 + Investors. Track Smart Money conviction in BLD. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
→ 0
Streak
1Q —
Buyers last Q
48%

Smart Money Signals — BLD

Based on 544 hedge funds · latest filing: 2026 Q1 · updated quarterly

➡️

No change last quarter

last 6Q
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
544 hedge funds hold BLD right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +13% more funds vs a year ago

fund count last 6Q
+62 new funds entered over the past year (+13% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 48% buying

259 buying283 selling
Last quarter: 283 funds reduced or exited vs 259 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~85 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 72 → 105 → 85 → 85. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

58% of holders stayed for 2+ years

■ 58% conviction (2yr+) ■ 24% medium ■ 18% new
315 out of 544 hedge funds have held BLD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares +0%, value -18%

Value
-18%
Shares
+0%
Last quarter: funds added +0% more shares while total portfolio value only changed -18%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~85 new funds/quarter

69 → 72 → 105 → 85 → 85 new funds/Q
New funds entering each quarter: 72 → 105 → 85 → 85. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 64% veterans vs 24% newcomers

■ 64% veterans ■ 12% 1-2yr ■ 24% new
Entry-cohort mix of 555 holders: 357 (64%) are 2+ year veterans, 66 entered 1–2 years ago, and 132 (24%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 64% AUM from top-100 funds

64% from top-100 AUM funds
64 of 542 holders are among the 100 largest funds by AUM, controlling 64% of total institutional value in BLD. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BLD

In 2026 Q1, 259 hedge funds were net buyers of BLD (85 opened a new position, 174 added to an existing one), while 283 reduced or exited (198 trimmed, 85 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. 64% of total institutional value in BLD is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 544.

Hedge Fund Ownership: BLD

How many hedge funds hold BLD — quarterly history vs. share price
Quarterly hedge fund ownership of BLD vs. share price

Market Analysis: BLD

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BLD

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

34 top-rated funds 0 high-conviction
Consensus
6.7
/ 10
breadth
×
Elite
1.6
/ 10
conviction
Hedge Fund Positioning: BLD
2026 Q2 Stats Unlock in 3 days 540 + Investors

Track Smart Money conviction in BLD. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 540 543 -0.55%
13F Shares 30M 30M -1.04%
Total Value $10.09B $12.50B -19.23%
New Positions 83 85 -2
Increased Positions 167 163 +4
Closed Positions 86 85 +1
Reduced Positions 198 213 -15
Total Calls 6 5 20.0%
Total Puts 7 6 16.67%
PUT/CALL Ratio 1.17 1.2 Neutral

Statistics: BLD

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Institutional Holders (2026 Q2)

540 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BLD. Verified SEC 13F-HR filings.

QUARTER:
2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 BLD holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 TIG Advisors, LLC 7.46% 395,094 $168.4M
2 Harvest Management LLC 7.32% 43,692 $18.6M
3 Twin Securities, Inc. 6.34% 39,948 $14.2M
4 Yakira Capital Management, Inc. 4.48% 36,908 $15.7M
5 Nexpoint Asset Management, L.P. 4.40% 185,680 $65.8M
6 Bluefin Capital Management, LLC 3.20% 36,054 $12.8M
7 First Trust Capital Management L.P. 2.73% 110,000 $46.9M
8 Alpine Associates Management INC. 2.44% 91,308 $38.9M
9 ExodusPoint Capital Management, LP 2.20% 965,007 $342.1M
10 Birnam Oak Advisors, LP 2.14% 37,136 $13.2M
11 Water Island Capital LLC 2.03% 51,251 $21.8M
12 Quantessence Capital LLC 1.72% 1,650 $585K
13 Kintayl Capital LP 1.39% 9,886 $3.5M
14 Buckland Partners Management Co LLC 1.39% 8,000 $2.8M
15 Quarry LP 1.33% 37,514 $16.0M
16 Polar Asset Management Partners Inc. 1.18% 167,585 $71.4M
17 P Schoenfeld Asset Management LP 1.17% 6,700 $2.9M
18 One68 Global Capital, LLC 1.08% 2,000 $500K
19 Caxton Associates LLP 0.92% 137,737 $48.8M
20 PYA Waltman Capital, LLC 0.90% 10,634 $3.8M
21 EDENTREE ASSET MANAGEMENT Ltd 0.86% 8,000 $2.8M
22 Westchester Capital Management, LLC 0.78% 37,399 $15.9M
23 Distillate Capital Partners LLC 0.75% 40,552 $14.4M
24 GABELLI & Co INVESTMENT ADVISERS, INC. 0.67% 11,000 $4.6M
25 Westchester Capital Management, LLC 0.62% 29,600 $12.6M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Topbuild Cor (BLD)

What does the Smart Money Trend signal show for BLD?

No change last quarter: The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

What is the institutional breadth score for BLD?

More sellers than buyers — 48% buying: Last quarter: 283 funds reduced or exited vs 259 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for BLD holders?

Elite ownership — 64% AUM from top-100 funds: 64 of 542 holders are among the 100 largest funds by AUM, controlling 64% of total institutional value in BLD. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held BLD?

58% of holders stayed for 2+ years: 315 out of 544 hedge funds have held BLD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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