718 hedge funds and large institutions have $16B invested in Toast in 2025 Q3 according to their latest regulatory filings, with 115 funds opening new positions, 278 increasing their positions, 210 reducing their positions, and 116 closing their positions.

New
Increased
Maintained
Reduced
Closed

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more call options, than puts

Call options by funds: $ | Put options by funds: $

less first-time investments, than exits

New positions opened: | Existing positions closed:

less funds holding

Funds holding:

3.13% less ownership

Funds ownership: 88.95%85.82% (-3.1%)

18% less capital invested

Capital invested by funds: $19.6B → $16B (-$3.62B)

47% less funds holding in top 10

Funds holding in top 10: 179 (-8)

Holders
718
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
9
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$628M
Puts
$502M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SMDAM
276
Sumitomo Mitsui DS Asset Management
Japan
$1.82M
MSK
277
Melissa S. Kampmann
$1.81M
BCI
278
Brinker Capital Investments
Pennsylvania
$1.79M
Northwestern Mutual Wealth Management
279
Northwestern Mutual Wealth Management
Wisconsin
$1.78M
Brown Advisory
280
Brown Advisory
Maryland
$1.78M
CFG
281
Chapman Financial Group
Hawaii
$1.77M
FA
282
Fiduciary Alliance
South Carolina
$1.74M
TGAM
283
TBH Global Asset Management
Tennessee
$1.72M
WF
284
WoodTrust Financial
Wisconsin
$1.64M
Swedbank
285
Swedbank
Sweden
$1.64M
IMRF
286
Illinois Municipal Retirement Fund
Illinois
$1.61M
RC
287
Roundview Capital
New Jersey
$1.6M
TI
288
Tidal Investments
Wisconsin
$1.59M
SIA
289
Sit Investment Associates
Minnesota
$1.58M
GG
290
Greenwood Gearhart
Arkansas
$1.56M
PAS
291
Park Avenue Securities
New York
$1.55M
M&T Bank
292
M&T Bank
New York
$1.54M
Bessemer Group
293
Bessemer Group
New Jersey
$1.53M
OAM
294
Ostrum Asset Management
France
$1.49M
Wolverine Trading
295
Wolverine Trading
Illinois
$1.49M
BM
296
Bridger Management
New York
$1.47M
AW
297
Alaethes Wealth
Nevada
$1.45M
CAM
298
Cresset Asset Management
Illinois
$1.45M
GITFIT
299
Generali Investments Towarzystwo Funduszy Inwestycyjnych (TFI)
Poland
$1.42M
CL
300
CIM LLC
New York
$1.4M