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799 hedge funds and large institutions have $15.9B invested in Toast in 2025 Q4 according to their latest regulatory filings, with 149 funds opening new positions, 292 increasing their positions, 249 reducing their positions, and 76 closing their positions.

New
Increased
Maintained
Reduced
Closed

96% more first-time investments, than exits

New positions opened: 149 | Existing positions closed: 76

78% more funds holding in top 10

Funds holding in top 10: 916 (+7)

17% more repeat investments, than reductions

Existing positions increased: 292 | Existing positions reduced: 249

17% more call options, than puts

Call options by funds: $615M | Put options by funds: $528M

8% more funds holding

Funds holding: 738799 (+61)

0.76% more ownership

Funds ownership: 86.13%86.89% (+0.76%)

1% less capital invested

Capital invested by funds: $16B → $15.9B (-$152M)

Holders
799
Holders Change
+61
Holders Change %
+8.27%
% of All Funds
9.72%
Holding in Top 10
16
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+77.78%
% of All Funds
0.19%
New
149
Increased
292
Reduced
249
Closed
76
Calls
$615M
Puts
$528M
Net Calls
+$87.3M
Net Calls Change
-$38.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Capstone Investment Advisors
276
Capstone Investment Advisors
New York
$2M +$1.45M +40,130 +250%
CSP
277
Cary Street Partners
Virginia
$1.99M -$67.1K -1,862 -3%
WCM Investment Management
278
WCM Investment Management
California
$1.97M +$705K +19,544 +56%
QCM
279
QRG Capital Management
Illinois
$1.97M -$292K -8,088 -13%
LC
280
Lavelle Capital
California
$1.95M +$1.98M +55,000 New
Brown Advisory
281
Brown Advisory
Maryland
$1.92M +$199K +5,514 +11%
YC
282
Yarbrough Capital
Tennessee
$1.91M
BHCM
283
Brevan Howard Capital Management
Jersey
$1.89M -$2.18M -60,474 -53%
M&T Bank
284
M&T Bank
New York
$1.86M +$365K +10,114 +24%
SLAM
285
Swiss Life Asset Management
$1.81M -$5.63M -156,203 -75%
MF
286
Magnetar Financial
Illinois
$1.81M +$1.84M +50,985 New
SMDAM
287
Sumitomo Mitsui DS Asset Management
Japan
$1.78M +$2.16K +60 +0.1%
KPPF
288
Klein Pavlis & Peasley Financial
California
$1.74M +$1.02M +28,240 +136%
NCNMGF
289
Nano-Cap New Millennium Growth Fund
New York
$1.72M +$1.75M +48,500 New
CFG
290
Chapman Financial Group
Hawaii
$1.7M -$24.3K -675 -1%
DADC
291
D.A. Davidson & Co
Montana
$1.68M +$398K +11,028 +30%
TGAM
292
TBH Global Asset Management
Tennessee
$1.67M
MSK
293
Melissa S. Kampmann
$1.67M +$32.4K +900 +2%
FFG
294
Fiduciary Financial Group
California
$1.66M +$1.69M +46,784 New
CFO
295
Callan Family Office
Pennsylvania
$1.65M +$816K +22,628 +95%
Bank of Montreal
296
Bank of Montreal
Ontario, Canada
$1.65M -$3.06M -84,828 -65%
WF
297
WoodTrust Financial
Wisconsin
$1.62M +$19.8K +550 +1%
Swedbank
298
Swedbank
Sweden
$1.6M
P
299
&Partners
Tennessee
$1.56M +$498K +13,827 +46%
BCI
300
Brinker Capital Investments
Pennsylvania
$1.55M -$196K -5,431 -11%