| # | Holder | Shares | Value | % of shares out | Δ QoQ |
|---|---|---|---|---|---|
| 1 | MORGAN STANLEY | 74,634,71674.6M | $1.4B | 10.29% | ADD 11% |
| 2 | Orbis Allan Gray Ltd | 73,951,32574.0M | $1.4B | 10.20% | TRIM -13% |
| 3 | Invesco Ltd. | 38,132,65438.1M | $741M | 5.26% | ADD 11% |
| 4 | Affinity Partners GP LP | 32,686,06532.7M | $635M | 4.51% | — |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | 28,240,85028.2M | $548M | 3.89% | NEW† |
| 6 | VANGUARD PORTFOLIO MANAGEMENT LLC | 25,659,97825.7M | $498M | 3.54% | NEW† |
| 7 | BlackRock, Inc. | 25,284,36925.3M | $491M | 3.49% | ADD 9% |
| 8 | Alpha Wave Global, LP | 24,390,24424.4M | $474M | 3.36% | — |
| 9 | MFN Partners Management, LP | 23,454,35023.5M | $455M | 3.23% | TRIM -23% |
| 10 | FRED ALGER MANAGEMENT, LLC | 22,404,71222.4M | $435M | 3.09% | ADD 41% |
| 11 | UBS Group AG | 15,223,50715.2M | $296M | 2.10% | ADD 206% |
| 12 | Finepoint Capital LP | 13,858,41513.9M | $269M | 1.91% | TRIM -35% |
| 13 | BAILLIE GIFFORD & CO | 13,624,23913.6M | $265M | 1.88% | TRIM -8% |
| 14 | HRTG GPE, LLC | 13,319,45713.3M | $259M | 1.84% | — |
| 15 | Consulta Ltd | 11,000,00011.0M | $214M | 1.52% | ADD 10% |
| 16 | MTCO Ltd. | 10,940,91910.9M | $212M | 1.51% | — |
| 17 | Maniro Ltd | 10,940,91910.9M | $212M | 1.51% | — |
| 18 | STATE STREET CORP | 10,198,50110.2M | $198M | 1.41% | ADD 6% |
| 19 | GEODE CAPITAL MANAGEMENT, LLC | 9,404,0159.4M | $183M | 1.30% | ADD 7% |
| 20 | Hood River Capital Management LLC | 8,136,0618.1M | $158M | 1.12% | — |
| 21 | Patient Capital Management, LLC | 6,778,3896.8M | $132M | 0.93% | ADD 5% |
| 22 | T. Rowe Price Investment Management, Inc. | 6,535,1566.5M | $127M | 0.90% | TRIM -3% |
| 23 | GILDER GAGNON HOWE & CO LLC | 5,988,6816.0M | $116M | 0.83% | TRIM -4% |
| 24 | SOFTBANK GROUP CORP. | 5,470,4595.5M | $106M | 0.75% | — |
| 25 | PRICE T ROWE ASSOCIATES INC /MD/ | 5,150,1965.2M | $100M | 0.71% | ADD 337% |
| 26 | Cercano Management LLC | 4,813,1584.8M | $93M | 0.66% | TRIM -55% |
| 27 | Impax Asset Management Group plc | 4,713,0684.7M | $92M | 0.65% | ADD 275% |
| 28 | Forest Avenue Capital Management LP | 4,622,7834.6M | $90M | 0.64% | ADD 24% |
| 29 | FMR LLC | 4,595,7634.6M | $89M | 0.63% | ADD 51% |
| 30 | MADRONE ADVISORS, LLC | 4,215,1984.2M | $82M | 0.58% | TRIM -18% |
| 31 | Liberty Mutual Group Asset Management Inc. | 4,082,7874.1M | $79M | 0.56% | — |
| 32 | SOUND SHORE MANAGEMENT INC /CT/ | 3,929,8103.9M | $76M | 0.54% | — |
| 33 | BANK OF AMERICA CORP /DE/ | 3,766,9903.8M | $73M | 0.52% | ADD 53% |
| 34 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 3,433,4663.4M | $69M | 0.47% | ADD 42% |
| 35 | FEDERATED HERMES, INC. | 3,307,6003.3M | $64M | 0.46% | — |
| 36 | VANGUARD FIDUCIARY TRUST CO | 3,304,5573.3M | $64M | 0.46% | NEW |
| 37 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 3,150,6153.2M | $61M | 0.43% | ADD 8% |
| 38 | NORTHERN TRUST CORP | 2,913,6422.9M | $57M | 0.40% | ADD 9% |
| 39 | CI INVESTMENTS INC. | 2,598,8402.6M | $50M | 0.36% | ADD 4% |
| 40 | Select Equity Group, L.P. | 2,596,9862.6M | $50M | 0.36% | TRIM -25% |
| 41 | FRANKLIN RESOURCES INC | 2,551,3712.6M | $50M | 0.35% | — |
| 42 | SEI INVESTMENTS CO | 2,541,1152.5M | $49M | 0.35% | ADD 34% |
| 43 | Lionstone Capital Management LLC | 2,332,6622.3M | $45M | 0.32% | — |
| 44 | GOLDMAN SACHS GROUP INC | 2,132,3822.1M | $41M | 0.29% | TRIM -36% |
| 45 | Epoch Investment Partners, Inc. | 2,096,9182.1M | $41M | 0.29% | ADD 54% |
| 46 | Allspring Global Investments Holdings, LLC | 2,029,8382.0M | $39M | 0.28% | TRIM -21% |
| 47 | VOYA INVESTMENT MANAGEMENT LLC | 1,894,7631.9M | $37M | 0.26% | TRIM -22% |
| 48 | Blue Whale Capital LLP | 1,843,7341.8M | $36M | 0.25% | NEW |
| 49 | CITADEL ADVISORS LLC | 1,734,2391.7M | $34M | 0.24% | ADD 1604% |
| 50 | Bank of New York Mellon Corp | 1,734,2361.7M | $34M | 0.24% | TRIM -17% |
| 51 | WELLS FARGO & COMPANY/MN | 1,717,5521.7M | $33M | 0.24% | ADD 25% |
| 52 | FIRST MANHATTAN CO. LLC. | 1,644,0671.6M | $32M | 0.23% | ADD 4% |
| 53 | BESSEMER GROUP INC | 1,622,3471.6M | $32M | 0.22% | ADD 2% |
| 54 | Zimmer Partners, LP | 1,575,0001.6M | $31M | 0.22% | ADD 163% |
| 55 | Granahan Investment Management, LLC | 1,509,5461.5M | $29M | 0.21% | ADD 89% |
| 56 | LPL Financial LLC | 1,501,3381.5M | $29M | 0.21% | ADD 39% |
| 57 | Paralel Advisors LLC | 1,500,0001.5M | $29M | 0.21% | NEW |
| 58 | AMERICAN CENTURY COMPANIES INC | 1,459,6071.5M | $28M | 0.20% | TRIM -5% |
| 59 | ROYAL BANK OF CANADA | 1,429,8401.4M | $28M | 0.20% | ADD 18% |
| 60 | Woodson Capital Management, LP | 1,420,0001.4M | $28M | 0.20% | ADD 67% |
| 61 | ROYAL LONDON ASSET MANAGEMENT LTD | 1,382,9561.4M | $27M | 0.19% | NEW |
| 62 | DISCOVERY CAPITAL MANAGEMENT, LLC / CT | 1,376,0901.4M | $27M | 0.19% | ADD 2% |
| 63 | TD Asset Management Inc | 1,341,6701.3M | $26M | 0.19% | ADD 43% |
| 64 | BRAUN STACEY ASSOCIATES INC | 1,336,3301.3M | $26M | 0.18% | ADD 3% |
| 65 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 1,324,7361.3M | $26M | 0.18% | — |
| 66 | RAYMOND JAMES FINANCIAL INC | 1,315,8271.3M | $26M | 0.18% | ADD 17% |
| 67 | Tsai Capital Corp | 1,302,5101.3M | $25M | 0.18% | TRIM -3% |
| 68 | Amundi | 1,264,4341.3M | $25M | 0.17% | ADD 11% |
| 69 | Barrier Capital Management, LLC | 1,243,9881.2M | $24M | 0.17% | TRIM -22% |
| 70 | FISHMAN JAY A LTD/MI | 1,216,3051.2M | $24M | 0.17% | ADD 42% |
| 71 | Swiss National Bank | 1,201,2001.2M | $23M | 0.17% | — |
| 72 | Nuveen, LLC | 1,165,2861.2M | $23M | 0.16% | ADD 5% |
| 73 | Catawba River Capital | 1,141,8201.1M | $22M | 0.16% | — |
| 74 | FIL Ltd | 1,114,4771.1M | $22M | 0.15% | ADD 66% |
| 75 | ENVESTNET ASSET MANAGEMENT INC | 1,048,4821.0M | $20M | 0.14% | ADD 63% |
| 76 | Pictet Asset Management Holding SA | 1,039,8491.0M | $20M | 0.14% | TRIM -20% |
| 77 | Ghisallo Capital Management LLC | 1,000,0001.0M | $19M | 0.14% | ADD 400% |
| 78 | DEUTSCHE BANK AG\ | 960,270960,270 | $19M | 0.13% | ADD 2033% |
| 79 | Zurcher Kantonalbank (Zurich Cantonalbank) | 943,363943,363 | $18M | 0.13% | ADD 8% |
| 80 | JACKSON HILL ADVISORS, LLC | 941,000941,000 | $18M | 0.13% | — |
| 81 | Mitsubishi UFJ Trust & Banking Corp | 908,114908,114 | $18M | 0.13% | — |
| 82 | NEUBERGER BERMAN GROUP LLC | 904,492904,492 | $18M | 0.12% | TRIM -22% |
| 83 | Taikang Asset Management (Hong Kong) Co Ltd | 903,995903,995 | $18M | 0.12% | ADD 53% |
| 84 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 865,770865,770 | $17M | 0.12% | TRIM -38% |
| 85 | INVESTMENT HOUSE LLC | 856,968856,968 | $17M | 0.12% | ADD 7% |
| 86 | FRONTIER CAPITAL MANAGEMENT CO LLC | 853,482853,482 | $17M | 0.12% | ADD 2% |
| 87 | SPRUCE HOUSE INVESTMENT MANAGEMENT LLC | 813,009813,009 | $16M | 0.11% | — |
| 88 | CITIGROUP INC | 804,171804,171 | $16M | 0.11% | ADD 1941% |
| 89 | BNP PARIBAS FINANCIAL MARKETS | 803,842803,842 | $16M | 0.11% | TRIM -18% |
| 90 | California Public Employees Retirement System | 796,397796,397 | $15M | 0.11% | TRIM -22% |
| 91 | Pennant Select, LLC | 795,000795,000 | $15M | 0.11% | ADD 270% |
| 92 | OMERS ADMINISTRATION Corp | 746,600746,600 | $14M | 0.10% | — |
| 93 | FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ | 737,718737,718 | $14M | 0.10% | NEW |
| 94 | Lombard Odier Asset Management (Europe) Ltd | 733,928733,928 | $14M | 0.10% | TRIM -14% |
| 95 | HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 725,000725,000 | $14M | 0.10% | — |
| 96 | Focus Partners Wealth | 715,680715,680 | $14M | 0.10% | ADD 36% |
| 97 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | 704,530704,530 | $14M | 0.10% | ADD 22% |
| 98 | Advisors Capital Management, LLC | 691,197691,197 | $13M | 0.10% | — |
| 99 | Russell Investments Group, Ltd. | 688,526688,526 | $13M | 0.09% | ADD 147% |
| 100 | Wellington Shields Capital Management, LLC | 668,051668,051 | $13M | 0.09% | ADD 25% |
† a filer this large appearing as NEW usually reflects a renamed or succeeded filing entity (the old name stops filing the same quarter) — not a brand-new position.
Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.
| Holder | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| MORGAN STANLEY | 11.9M | 13.9M | 45.2M | 53.3M | 67.1M | 74.6M | $1.4B |
| Orbis Allan Gray Ltd | 109.4M | 109.4M | 96.3M | 86.5M | 85.5M | 74.0M | $1.4B |
| Invesco Ltd. | 10K | — | 27.6M | 33.6M | 34.2M | 38.1M | $741M |
| Affinity Partners GP LP | 16.4M | 16.4M | 32.7M | 32.7M | 32.7M | 32.7M | $635M |
| VANGUARD CAPITAL MANAGEMENT LLC | — | — | — | — | — | 28.2M | $548M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | — | — | — | — | — | 25.7M | $498M |
| BlackRock, Inc. | 9.6M | 9.9M | 26.0M | 22.4M | 23.1M | 25.3M | $491M |
| Alpha Wave Global, LP | — | — | 24.4M | 24.4M | 24.4M | 24.4M | $474M |
| MFN Partners Management, LP | 46.9M | 46.9M | 46.9M | 38.3M | 30.3M | 23.5M | $455M |
| FRED ALGER MANAGEMENT, LLC | — | — | — | 9.1M | 15.9M | 22.4M | $435M |
| UBS Group AG | 1.7M | 1.9M | 2.1M | 4.4M | 5.0M | 15.2M | $296M |
| Finepoint Capital LP | 24.9M | 24.5M | 21.2M | 22.3M | 21.2M | 13.9M | $269M |
| BAILLIE GIFFORD & CO | — | — | — | 91K | 14.7M | 13.6M | $265M |
| HRTG GPE, LLC | — | 4.4M | 13.3M | 13.3M | 13.3M | 13.3M | $259M |
| Consulta Ltd | 4.0M | 4.0M | 7.5M | 7.5M | 10.0M | 11.0M | $214M |
Shares reported each quarter by the largest current holders. Green = added vs the prior filing, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
Line breaks are honest gaps — quarters with no 13F record, or a suppressed % — never interpolated. % of shares outstanding uses today's share count for every quarter (the only count stored).
| Quarter | Holders | Shares held | % shares out | Value held |
|---|---|---|---|---|
| 2026-Q1 | 574 | 687,848,357 | 94.9% | $13.4B |
| 2025-Q4 | 525 | 674,462,718 | 93.0% | $13.0B |
| 2025-Q3 | 475 | 616,986,977 | 85.1% | $11.8B |
| 2025-Q2 | 357 | 602,435,048 | 83.1% | $13.0B |
| 2025-Q1 | 222 | 347,449,847 | 47.9% | $4.6B |
| 2024-Q4 | 181 | 322,663,479 | 44.5% | $5.1B |
| 2024-Q3 | 130 | 298,198,954 | 41.1% | $4.7B |
| 2024-Q2 | 19 | 11,618,231 | 1.6% | $113M |
Short interest has its own tab now — open SI →
Source: SEC Form 13F — every institution manager (≥ $100M in 13F securities) reporting a long US-listed position, across ~10,250 filers over 10 years of history. 13F is long-only, US-listed, filed up to 45 days after quarter-end.
“Item 4 is hereby amended and supplemented to include the following: On April 18, 2026, the Company, Titanium MergerCo, Inc., ("Titanium Merger Sub"), Titanium MergerCo 2, LLC. ("Forward Merger Sub") and TopBuild Corp. ("TopBuild") entered into an Agreement and Plan of Merger (the "Merger Agreement"), pursuant to which at closing, (i) Titanium Merger Sub will be merged with and into TopBuild, the separate corporate existence of Titanium Merger Sub will thereupon cease and TopBuild shall continue ”
“This Amendment is being filed to report a decrease in the percentages of Common Stock beneficially owned by the Reporting Persons due to dilution caused by the issuance of additional shares of Common Stock by the Issuer, and not in connection with a disposition of Common Stock by the Reporting Persons.”
| Holder | % of class | Type | As of |
|---|
| ORBIS INVESTMENT MANAGEMENT LTD | 10.2% | QII | 2026-03-31 | SEC → |
| MORGAN STANLEY | 8.6% | QII | 2025-12-31 | SEC → |
| MFN Partners, LP | 4.5% | Passive | 2025-12-31 | SEC → |
| Finepoint Capital LP | 3.2% | QII | 2025-06-30 | SEC → |
| AustralianSuper Pty Ltd | 2.7% | QII | 2025-06-30 | SEC → |
Source: SEC Schedule 13D/13G structured XML. 13D = active intent; 13G filers report passively (Rule 13d-1(b) QII / 13d-1(c) Passive / 13d-1(d) Exempt) and are not activists. Percent and delta are the group aggregate the filing reports. Structured 13D/G coverage begins December 2024 (SEC XML mandate).
