Toll Brothers
720 hedge funds and large institutions have $11.7B invested in Toll Brothers in 2025 Q3 according to their latest regulatory filings, with 131 funds opening new positions, 256 increasing their positions, 212 reducing their positions, and 65 closing their positions.
102% more first-time investments, than exits
New positions opened: 131 | Existing positions closed: 65
21% more repeat investments, than reductions
Existing positions increased: 256 | Existing positions reduced: 212
17% more capital invested
Capital invested by funds: $10B → $11.7B (+$1.66B)
9% more funds holding
Funds holding: 661 → 720 (+59)
1.65% less ownership
Funds ownership: 89.38% → 87.73% (-1.6%)
16% less call options, than puts
Call options by funds: $227M | Put options by funds: $269M
50% less funds holding in top 10
Funds holding in top 10: 8 → 4 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$230M |
| 2 |
Holocene Advisors
New York
|
+$127M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$105M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$81.1M |
| 5 |
Two Sigma Investments
New York
|
+$32.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$239M |
| 2 |
DCP
D1 Capital Partners
New York
|
-$183M |
| 3 |
Millennium Management
New York
|
-$136M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$115M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$84.9M |
TOL Hedge Fund Activity: Q3 2025 in Review
720 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in Toll Brothers (TOL) for Q3 2025, worth a combined $11.7B — up 17% from $10B a quarter earlier.
Buyers outnumbered sellers: 131 funds opened new TOL positions and 65 closed out — a net gain of 66 holders — while 256 added to existing stakes and 212 trimmed.
The largest buyer was Capital World Investors, adding an estimated $230M. The largest seller was Massachusetts Financial Services, cutting an estimated $239M.
- 720 institutional investors held Toll Brothers (TOL) as of Q3 2025, up from 661 in Q2 2025.
- Funds reported $11.7B of Toll Brothers stock for Q3 2025, up 17% quarter-over-quarter.
- 131 funds opened new Toll Brothers positions in Q3 2025 and 65 closed out, a net change of +66 holders.
- The largest Toll Brothers buyer in Q3 2025 was Capital World Investors, an estimated $230M added.
- The largest Toll Brothers seller in Q3 2025 was Massachusetts Financial Services, an estimated $239M sold.
Based on aggregated 13F filings for Q3 2025.