Toll Brothers
736 hedge funds and large institutions have $11.5B invested in Toll Brothers in 2025 Q4 according to their latest regulatory filings, with 111 funds opening new positions, 234 increasing their positions, 269 reducing their positions, and 86 closing their positions.
29% more first-time investments, than exits
New positions opened: 111 | Existing positions closed: 86
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
2% more funds holding
Funds holding: 720 → 736 (+16)
2.11% more ownership
Funds ownership: 87.73% → 89.84% (+2.1%)
1% less capital invested
Capital invested by funds: $11.7B → $11.5B (-$153M)
6% less call options, than puts
Call options by funds: $210M | Put options by funds: $224M
13% less repeat investments, than reductions
Existing positions increased: 234 | Existing positions reduced: 269
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$428M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$128M |
| 3 |
JCM
Junto Capital Management
New York
|
+$54.8M |
| 4 |
Jennison Associates
New York
|
+$50.6M |
| 5 |
Two Sigma Investments
New York
|
+$43.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Holocene Advisors
New York
|
-$166M |
| 2 |
BlackRock
New York
|
-$133M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
-$82.4M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$51.6M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$46M |
TOL Hedge Fund Activity: Q4 2025 in Review
736 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in Toll Brothers (TOL) for Q4 2025, worth a combined $11.5B — down 1.3% from $11.7B a quarter earlier.
Buyers outnumbered sellers: 111 funds opened new TOL positions and 86 closed out — a net gain of 25 holders — while 234 added to existing stakes and 269 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $428M. The largest seller was Holocene Advisors, cutting an estimated $166M.
- 736 institutional investors held Toll Brothers (TOL) as of Q4 2025, up from 720 in Q3 2025.
- Funds reported $11.5B of Toll Brothers stock for Q4 2025, down 1.3% quarter-over-quarter.
- 111 funds opened new Toll Brothers positions in Q4 2025 and 86 closed out, a net change of +25 holders.
- The largest Toll Brothers buyer in Q4 2025 was T. Rowe Price Associates, an estimated $428M added.
- The largest Toll Brothers seller in Q4 2025 was Holocene Advisors, an estimated $166M sold.
Based on aggregated 13F filings for Q4 2025.