On July 1, 2026, QXO Insulation, LLC entered into several debt agreements totaling over $10 billion, including $3.0 billion in senior unsecured notes (6.500% due 2031 and 6.875% due 2034), $2.25 billion in senior secured notes (6.75% due 2032), a $3.0 billion incremental term loan, and a $2.0 billion asset-based revolving credit facility. TopBuild (ticker: BLD) and its subsidiaries guaranteed these obligations. The transactions were completed upon the consummation of a merger.
Who are the top institutional investors holding TOPBUILD CORP (BLD)?
Major stakeholders currently include Capital Research Global Investors ($1.4B), BlackRock, Inc. ($1.0B), FMR LLC ($667.3M). Based on the latest 13F filings, there are a total of 544 tracked investment funds and institutions maintaining positions in BLD.
What is the overall institutional sentiment toward BLD recently?
Institutional sentiment appears Bearish (Net Selling). During the most recent reporting quarter, the stock experienced a net outflow of $2.1B, driven by 239 managers accumulating shares while 280 reduced their exposure.
Which institutions have been selling or reducing their BLD positions?
In the latest period, 203 funds trimmed their holdings, and 77 managers completely exited their positions. The aggregate reported sell value was $5.1B.
Are there any notable investors adding BLD to their portfolios?
Yes, buying activity remains notable. 73 institutions opened new positions in {ticker}, and 166 existing holders added to their shares. The total reported buy value for the quarter amounted to $6.6B.