Wedge Capital Reduces Stake in TopBuild Corp.

Hedge fund lowers position in construction materials company by 10.8% in Q4 2025.

Mar. 29, 2026 at 11:24am

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Wedge Capital Management L L P NC, a North Carolina-based hedge fund, lowered its position in shares of TopBuild Corp. (NYSE:BLD) by 10.8% in the fourth quarter of 2025, according to a recent SEC filing. The firm now owns 25,990 shares of the construction company's stock, valued at approximately $10.8 million.

Why it matters

TopBuild is a leading installer and distributor of insulation and building materials, primarily serving the U.S. construction market. The company's stock performance and ownership changes can provide insights into broader trends in the construction industry and investor sentiment.

The details

Wedge Capital Management reduced its stake in TopBuild by selling 3,140 shares during the quarter. The hedge fund now owns approximately 0.09% of the construction company's outstanding shares. TopBuild's stock price has fluctuated in recent quarters, closing at $348.90 on the last trading day.

  • Wedge Capital Management filed the SEC disclosure on March 29, 2026.
  • The filing covers the fourth quarter of 2025, which ended on December 31, 2025.

The players

Wedge Capital Management L L P NC

A North Carolina-based hedge fund that has reduced its position in TopBuild Corp.

TopBuild Corp.

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

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The takeaway

The reduction in Wedge Capital's stake in TopBuild suggests a potential shift in investor sentiment towards the construction materials sector, though the overall impact on the company's performance remains to be seen.