Toll Brothers
TOL
660 hedge funds and large institutions have $10B invested in Toll Brothers in 2025 Q2 according to their latest regulatory filings, with 114 funds opening new positions, 247 increasing their positions, 195 reducing their positions, and 107 closing their positions.
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
27% more repeat investments, than reductions
Existing positions increased: 247 | Existing positions reduced: 195
6% more capital invested
Capital invested by funds: $9.48B → $10B (+$536M)
7% more first-time investments, than exits
New positions opened: 114 | Existing positions closed: 107
0% less funds holding
Funds holding: 661 → 660 (-1)
0.98% less ownership
Funds ownership: 90.36% → 89.38% (-0.98%)
17% less call options, than puts
Call options by funds: $170M | Put options by funds: $205M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$123M |
| 2 |
DCP
D1 Capital Partners
New York
|
+$94.8M |
| 3 |
Holocene Advisors
New York
|
+$78M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$72.8M |
| 5 |
BAMCO Inc
New York
|
+$63.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$401M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$93.9M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$70.4M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$60.3M |
| 5 |
LPC
Long Pond Capital
New York
|
-$49.2M |
TOL Hedge Fund Activity: Q2 2025 in Review
660 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Toll Brothers (TOL) for Q2 2025, worth a combined $10B — up 5.7% from $9.48B a quarter earlier.
Buyers outnumbered sellers: 114 funds opened new TOL positions and 107 closed out — a net gain of 7 holders — while 247 added to existing stakes and 195 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $123M. The largest seller was Lone Pine Capital, exiting entirely with an estimated $401M sold.
- 660 institutional investors held Toll Brothers (TOL) as of Q2 2025, down from 661 in Q1 2025.
- Funds reported $10B of Toll Brothers stock for Q2 2025, up 5.7% quarter-over-quarter.
- 114 funds opened new Toll Brothers positions in Q2 2025 and 107 closed out, a net change of +7 holders.
- The largest Toll Brothers buyer in Q2 2025 was AQR Capital Management, an estimated $123M added.
- The largest Toll Brothers seller in Q2 2025 was Lone Pine Capital, an estimated $401M sold.
Based on aggregated 13F filings for Q2 2025.