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738 hedge funds and large institutions have $16B invested in Toast in 2025 Q3 according to their latest regulatory filings, with 116 funds opening new positions, 288 increasing their positions, 216 reducing their positions, and 119 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 288 | Existing positions reduced: 216

25% more call options, than puts

Call options by funds: $628M | Put options by funds: $502M

3% less first-time investments, than exits

New positions opened: 116 | Existing positions closed: 119

1% less funds holding

Funds holding: 749738 (-11)

2.92% less ownership

Funds ownership: 89.05%86.13% (-2.9%)

18% less capital invested

Capital invested by funds: $19.6B → $16B (-$3.59B)

47% less funds holding in top 10

Funds holding in top 10: 179 (-8)

Holders
738
Holders Change
-11
Holders Change %
-1.47%
% of All Funds
9.69%
Holding in Top 10
9
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-47.06%
% of All Funds
0.12%
New
116
Increased
288
Reduced
216
Closed
119
Calls
$628M
Puts
$502M
Net Calls
+$126M
Net Calls Change
+$41.6M
Name Holding Trade Value Shares
Change
Change in
Stake
BWM
276
Bosman Wealth Management
California
$1.88M -$123K -2,833 -5%
KPWS
277
Kestra Private Wealth Services
Texas
$1.88M +$23.8K +549 +1%
GAM
278
Generali Asset Management
Italy
$1.88M +$2.23M +51,473 New
CAPTRUST Financial Advisors
279
CAPTRUST Financial Advisors
North Carolina
$1.84M +$72.9K +1,680 +3%
SMDAM
280
Sumitomo Mitsui DS Asset Management
Japan
$1.82M +$1.13K +26 +0.1%
MSK
281
Melissa S. Kampmann
$1.81M +$1.52K +35 +0.1%
BCI
282
Brinker Capital Investments
Pennsylvania
$1.79M +$393K +9,061 +23%
Northwestern Mutual Wealth Management
283
Northwestern Mutual Wealth Management
Wisconsin
$1.78M +$991K +22,835 +88%
Brown Advisory
284
Brown Advisory
Maryland
$1.78M -$313K -7,202 -13%
CFG
285
Chapman Financial Group
Hawaii
$1.77M
FA
286
Fiduciary Alliance
South Carolina
$1.74M +$775K +17,846 +60%
TGAM
287
TBH Global Asset Management
Tennessee
$1.72M
WF
288
WoodTrust Financial
Wisconsin
$1.64M
Swedbank
289
Swedbank
Sweden
$1.64M
IMRF
290
Illinois Municipal Retirement Fund
Illinois
$1.61M -$4.04K -93 -0.2%
RC
291
Roundview Capital
New Jersey
$1.6M +$5.47K +126 +0.3%
TI
292
Tidal Investments
Wisconsin
$1.59M -$611K -14,067 -24%
SIA
293
Sit Investment Associates
Minnesota
$1.58M
GG
294
Greenwood Gearhart
Arkansas
$1.56M -$1.11M -25,560 -37%
PAS
295
Park Avenue Securities
New York
$1.55M +$117K +2,706 +7%
M&T Bank
296
M&T Bank
New York
$1.54M -$73.8K -1,700 -4%
Bessemer Group
297
Bessemer Group
New Jersey
$1.53M -$103K -2,376 -5%
OAM
298
Ostrum Asset Management
France
$1.49M +$1.66M +38,141 +1,362%
Wolverine Trading
299
Wolverine Trading
Illinois
$1.49M +$251K +5,771 +17%
BM
300
Bridger Management
New York
$1.47M -$534K -12,300 -23%