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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
ICM
401
Intrepid Capital Management
Florida
$608K -$50.6K -1,165 -7%
ACA
402
American Capital Advisory
Idaho
$607K +$143K +3,290 +25%
FDCDDQ
403
Federation des caisses Desjardins du Quebec
Quebec, Canada
$603K +$109K +2,521 +18%
LOAMS
404
Lombard Odier Asset Management (Switzerland)
Switzerland
$594K +$64.3K +1,482 +10%
AGWCA
405
Annis Gardner Whiting Capital Advisors
Florida
$594K +$706K +16,260 New
ASN
406
Advisory Services Network
Georgia
$593K +$217K +5,009 +45%
BFS
407
Bradley Foster & Sargent
Connecticut
$588K -$5.43K -125 -0.8%
HWAM
408
Hennion & Walsh Asset Management
New Jersey
$588K +$266K +6,123 +61%
Capstone Investment Advisors
409
Capstone Investment Advisors
New York
$587K +$321K +7,386 +85%
CBU
410
CIBC Bancorp USA
Illinois
$587K +$698K +16,070 New
OTL
411
Oak Thistle LLC
New York
$584K +$694K +15,994 New
PA
412
Pinnacle Associates
New York
$573K +$201K +4,625 +42%
LAM
413
Lewis Asset Management
California
$571K -$391K -8,996 -36%
MMC
414
Mizuho Markets Cayman
Cayman Islands
$568K -$3.99M -91,864 -86%
CA
415
Clearstead Advisors
Ohio
$562K -$12.2K -280 -2%
MG
416
Marex Group
$555K +$205K +4,716 +45%
SPIA
417
Steward Partners Investment Advisory
New York
$553K -$244K -5,620 -27%
PCM
418
Polymer Capital Management
New York
$551K +$655K +15,099 New
IA
419
Inspire Advisors
Idaho
$544K +$646K +14,890 New
AIM
420
AXA Investment Managers
France
$538K +$640K +14,744 New
SAM
421
S.A. Mason
Michigan
$537K
BC
422
Bayforest Capital
United Kingdom
$535K +$310K +7,145 +95%
UWS
423
Unique Wealth Strategies
Illinois
$530K -$2.26K -52 -0.4%
TCM
424
Triumph Capital Management
Colorado
$530K +$86.1K +1,984 +16%
BBI
425
Baxter Bros Inc
Connecticut
$529K +$629K +14,495 New