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755 hedge funds and large institutions have $11.9B invested in Toast in 2026 Q1 according to their latest regulatory filings, with 108 funds opening new positions, 309 increasing their positions, 225 reducing their positions, and 135 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more call options, than puts

Call options by funds: $450M | Put options by funds: $276M

37% more repeat investments, than reductions

Existing positions increased: 309 | Existing positions reduced: 225

13% more funds holding in top 10

Funds holding in top 10: 1618 (+2)

2.39% less ownership

Funds ownership: 86.89%84.5% (-2.4%)

6% less funds holding

Funds holding: 799755 (-44)

20% less first-time investments, than exits

New positions opened: 108 | Existing positions closed: 135

25% less capital invested

Capital invested by funds: $15.9B → $11.9B (-$4B)

Holders
755
Holders Change
-44
Holders Change %
-5.51%
% of All Funds
9.3%
Holding in Top 10
18
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+12.5%
% of All Funds
0.22%
New
108
Increased
309
Reduced
225
Closed
135
Calls
$450M
Puts
$276M
Net Calls
+$175M
Net Calls Change
+$87.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$841M +$57.5M +1,926,185 +6%
Capital International Investors
2
Capital International Investors
California
$811M -$441M -14,788,186 -33%
BlackRock
3
BlackRock
New York
$720M +$7.9M +264,761 +1%
AllianceBernstein
4
AllianceBernstein
Tennessee
$645M +$264M +8,842,108 +95%
VCM
5
Vanguard Capital Management
Pennsylvania
$585M +$658M +22,063,096 New
VPM
6
Vanguard Portfolio Management
Pennsylvania
$537M +$605M +20,258,557 New
JP Morgan Chase
7
JP Morgan Chase
New York
$437M +$221M +7,405,241 +79%
VH
8
ValueAct Holdings
California
$342M +$146M +4,880,161 +61%
Morgan Stanley
9
Morgan Stanley
New York
$309M +$38.4M +1,286,512 +12%
State Street
10
State Street
Massachusetts
$269M +$9.75M +326,639 +3%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$238M +$9.26M +310,286 +4%
Principal Financial Group
12
Principal Financial Group
Iowa
$211M +$63M +2,111,009 +36%
Sumitomo Mitsui Trust Group
13
Sumitomo Mitsui Trust Group
Japan
$182M -$5.17M -173,262 -2%
UBS Group
14
UBS Group
Switzerland
$175M +$70.8M +2,372,882 +56%
XL
15
XN LP
New York
$173M -$74M -2,478,462 -28%
Bank of America
16
Bank of America
North Carolina
$129M +$13.9M +465,006 +11%
Millennium Management
17
Millennium Management
New York
$126M +$73.8M +2,473,528 +109%
BNP Paribas Asset Management
18
BNP Paribas Asset Management
France
$123M +$8.2M +274,894 +6%
T. Rowe Price Associates
19
T. Rowe Price Associates
Maryland
$120M +$32.7M +1,095,852 +32%
Renaissance Technologies
20
Renaissance Technologies
New York
$115M +$25.9M +867,509 +25%
Qube Research & Technologies (QRT)
21
Qube Research & Technologies (QRT)
United Kingdom
$113M +$17.5M +586,240 +16%
GGHC
22
Gilder Gagnon Howe & Co
New York
$108M -$9.59M -321,402 -7%
Jane Street
23
Jane Street
New York
$105M +$118M +3,945,477 +14,555%
WorldQuant Millennium Advisors
24
WorldQuant Millennium Advisors
New York
$104M +$29.8M +998,791 +34%
NAMA
25
Nikko Asset Management Americas
New York
$101M +$496K +16,614 +0.4%