CRGI Discloses 3.43M Shares in TopBuild (12.0%) — BLD Ownership Filing

Rhea-AI Filing Summary

Capital Research Global Investors reports beneficial ownership of 3,434,194 shares of TopBuild Corp., representing 12.0% of the 28,586,765 shares believed outstanding. The filing shows CRGI has sole voting power over 3,426,643 shares and sole dispositive power over 3,434,194 shares. CRGI is identified as a division of Capital Research and Management Company together with its investment management subsidiaries and affiliates. The statement certifies these securities are held in the ordinary course of business and were not acquired to change or influence control of the issuer.

Positive

• Beneficial ownership disclosed: CRGI reports 3,434,194 shares, equal to 12.0% of outstanding TopBuild stock.
• Clear control metrics: Sole voting power of 3,426,643 shares and sole dispositive power of 3,434,194 shares.
• Ordinary-course holding: Filing states shares are held in the ordinary course of business and not to influence control.

Negative

• None.

Insights

Financial Analyst

TL;DR: CRGI holds a material 12.0% stake in TopBuild, a substantial passive disclosure without an asserted intent to affect control.

The filing discloses a meaningful equity position: 3,434,194 shares (12.0%) of TopBuild. The holder reports near-complete sole voting and dispositive authority on those shares, which signals the ability to act unilaterally on disposition and voting decisions if it chose to do so. However, the filing expressly states the position is held in the ordinary course of business and not to influence control. For investors, this is an important ownership disclosure that merits monitoring but does not, on its face, indicate an active control campaign.

Corporate Governance Expert

TL;DR: A 12.0% beneficial stake with sole voting/dispositive power is material for governance monitoring, though the filer disclaims control intent.

The report identifies CRGI as a division of Capital Research and Management Company and related investment management entities, collectively deemed beneficial owners of the reported shares. The combination of sole voting power (3,426,643) and sole dispositive power (3,434,194) establishes CRGI as a significant single shareholder from a governance perspective. The explicit certification that holdings are not for changing control reduces immediate governance concern, but the position size makes CRGI a stakeholder whose future voting choices could materially affect shareholder votes or corporate actions.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 6)

TopBuild Corp.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

89055F103

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 89055F103

1

Names of Reporting Persons

Capital Research Global Investors

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 3,426,643.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 3,434,194.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,434,194.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

12.0 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: TopBuild Corp.
(b)	Address of issuer's principal executive offices: 475 North Williamson Blvd., Daytona Beach, FL 32114, United States of America
Item 2.
(a)	Name of person filing: Capital Research Global Investors
(b)	Address or principal business office or, if none, residence: 333 South Hope Street, 55th Fl, Los Angeles, CA 90071
(c)	Citizenship: N/A
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 89055F103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 3,434,194 ** **Capital Research Global Investors ("CRGI") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CRGI's divisions of each of the investment management entities collectively provide investment management services under the name "Capital Research Global Investors." CRGI is deemed to be the beneficial owner of 3,434,194 shares or 12.0% of the 28,586,765 shares believed to be outstanding.
(b)	Percent of class: 12.0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 3,426,643
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 3,434,194
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. AMCAP Fund
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Capital Research Global Investors

Signature:	Jae Won Chung
Name/Title:	Vice President and Senior Counsel II, Capital Research and Management Company
Date:	08/05/2025

FAQ

How many TopBuild (BLD) shares does Capital Research Global Investors own?

Capital Research Global Investors beneficially owns 3,434,194 shares, representing 12.0% of the 28,586,765 shares believed outstanding.

What voting and dispositive powers does CRGI hold in BLD?

Sole voting power: 3,426,643 shares; Sole dispositive power: 3,434,194 shares; Shared powers: 0.

Is CRGI part of a larger organization?

Yes. CRGI is identified as a division of Capital Research and Management Company and related investment management subsidiaries and affiliates, which collectively provide services under the name Capital Research Global Investors.

Does the filing indicate CRGI intends to influence TopBuild's control?

No. The filing certifies the securities are held in the ordinary course of business and were not acquired or held to change or influence control of the issuer.

Who signed the Schedule 13G/A for CRGI?

Jae Won Chung, Vice President and Senior Counsel II, Capital Research and Management Company, signed the filing.