Additive manufacturing (AM) is a particularly useful manufacturing method for components designed using topology optimization (TO) since it allows for a greater part complexity than any traditional manufacturing method. However, the AM process potentially leads to anisotropic material properties due to the layer-by-layer buildup of parts and the fast and directional cooling. For Ti6Al4V tensile specimens built using electron beam melting (EBM), it has been observed that flat built specimens show superior strength and elastic moduli compared to top built specimens. Designs with the loading direction parallel to the build layers are therefore expected to show greater reliability. In this thesis a procedure is developed to optimize the AM build orientation considering anisotropic elastic material properties. A transversely isotropic material model is used to represent the in-plane and out-of-plane characteristics of AM produced parts. Two additional design variables are added to the TO formulation in order to control the orientation of the material using a coordinate transformation. Sensitivity analysis for the material direction variables is conducted for compliance as well as maximum von-Mises stress using a -norm stress aggregation function. The procedures for the AM build orientation optimization and stress constraints are implemented in the finite element software TRINITAS and evaluated using a number of examples in 2D and 3D. It is found that the procedure works well for compliance as well as stress but that a combination of these may lead to convergence issues due to contradicting optimal material orientations. An evaluation of the -norm stress aggregation function showed that a single global stress measure in combination with a stress correction procedure works well for most problems given that the mesh is refined enough to resolve the stresses accurately.