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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
AV
376
ASR Vermogensbeheer
Netherlands
$823K -$6.34K -176 -0.8%
Envestnet Portfolio Solutions
377
Envestnet Portfolio Solutions
Illinois
$816K -$129K -3,576 -13%
GIBU
378
Gulf International Bank (UK)
United Kingdom
$814K
AWM
379
Angeles Wealth Management
California
$814K +$4.47K +124 +0.5%
Los Angeles Capital Management
380
Los Angeles Capital Management
California
$803K -$275K -7,636 -25%
MSRPS
381
Maryland State Retirement & Pension System
Maryland
$787K
SAM
382
S.A. Mason
Michigan
$786K +$268K +7,425 +50%
LCM
383
Laurion Capital Management
New York
$780K +$18K +500 +2%
TI
384
Tidal Investments
Wisconsin
$777K -$781K -21,666 -50%
BCM
385
Brasada Capital Management
Texas
$770K -$22.5K -625 -3%
CIBC Asset Management
386
CIBC Asset Management
Ontario, Canada
$770K +$289K +8,015 +59%
MMC
387
Mizuho Markets Cayman
Cayman Islands
$766K +$216K +6,000 +39%
BBI
388
Baxter Bros Inc
Connecticut
$760K +$249K +6,895 +48%
BAM
389
Blueshift Asset Management
New Jersey
$757K -$1.84M -51,093 -71%
IA
390
Inspire Advisors
Idaho
$754K +$229K +6,350 +43%
Royal London Asset Management
391
Royal London Asset Management
United Kingdom
$747K +$29K +804 +4%
HP
392
Havemeyer Place
Connecticut
$744K +$756K +20,964 New
BMO
393
Beck Mack & Oliver
New York
$743K
PFG
394
Prosperity Financial Group
California
$740K +$55.4K +1,538 +8%
AI
395
Atria Investments
North Carolina
$738K +$80.1K +2,223 +12%
AR
396
Advisory Research
Illinois
$735K +$746K +20,695 New
OL
397
Odyssean LLC
Connecticut
$733K +$744K +20,639 New
KAS
398
Kestra Advisory Services
Texas
$719K -$41.7K -1,158 -5%
STA
399
Summit Trail Advisors
New York
$716K +$61.8K +1,715 +9%
HWAM
400
Hennion & Walsh Asset Management
New Jersey
$713K +$144K +3,995 +25%