Natixis Advisors Reduces TopBuild Stake by 30%

Hedge fund sells nearly 40,000 shares of construction materials company

Mar. 11, 2026 at 9:53am

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Natixis Advisors LLC, a major investment firm, reduced its position in TopBuild Corp. (NYSE: BLD) by 30.3% in the third quarter of 2025. The fund sold 39,797 shares, leaving it with 91,678 shares worth $35.8 million at the end of the reporting period.

Why it matters

TopBuild is a leading installer and distributor of insulation and building materials, serving the U.S. construction market. The reduction in Natixis Advisors' stake suggests a potential shift in investor sentiment around the company, which could impact its stock price and future growth prospects.

The details

According to the filing with the Securities and Exchange Commission, Natixis Advisors sold the shares during the third quarter of 2025. The fund now owns approximately 0.33% of TopBuild's outstanding shares. The sale comes as TopBuild's stock has seen significant volatility in recent months, with the share price ranging from a 52-week low of $266.26 to a high of $559.47.

  • Natixis Advisors sold the shares during the third quarter of 2025.

The players

Natixis Advisors LLC

A major investment firm that reduced its stake in TopBuild Corp. by 30.3% in the third quarter of 2025.

TopBuild Corp.

A leading installer and distributor of insulation and building materials, serving the U.S. construction market.

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The takeaway

The reduction in Natixis Advisors' stake in TopBuild Corp. suggests a potential shift in investor sentiment around the company, which could impact its stock price and future growth prospects. This news highlights the volatility in the construction materials sector and the importance of closely monitoring changes in institutional ownership.