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660 hedge funds and large institutions have $14.1B invested in Toast in 2025 Q1 according to their latest regulatory filings, with 115 funds opening new positions, 283 increasing their positions, 172 reducing their positions, and 81 closing their positions.

New
Increased
Maintained
Reduced
Closed

65% more repeat investments, than reductions

Existing positions increased: 283 | Existing positions reduced: 172

42% more first-time investments, than exits

New positions opened: 115 | Existing positions closed: 81

30% more call options, than puts

Call options by funds: $440M | Put options by funds: $338M

5% more funds holding

Funds holding: 631660 (+29)

2.49% less ownership

Funds ownership: 88.48%86% (-2.5%)

7% less capital invested

Capital invested by funds: $15.2B → $14.1B (-$1.09B)

19% less funds holding in top 10

Funds holding in top 10: 1613 (-3)

Holders
660
Holders Change
+29
Holders Change %
+4.6%
% of All Funds
8.85%
Holding in Top 10
13
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-18.75%
% of All Funds
0.17%
New
115
Increased
283
Reduced
172
Closed
81
Calls
$440M
Puts
$338M
Net Calls
+$102M
Net Calls Change
+$11.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Vontobel Holding
426
Vontobel Holding
Switzerland
$349K -$125K -3,333 -24%
AA
427
ALPS Advisors
Colorado
$342K +$386K +10,320 New
GKWIM
428
Gerber Kawasaki Wealth & Investment Management
California
$337K
LJAC
429
L.J. Altfest & Co
New York
$337K -$258K -6,884 -40%
Corient Private Wealth
430
Corient Private Wealth
Florida
$334K -$29.5K -787 -7%
NPT
431
National Philanthropic Trust
Pennsylvania
$332K +$374K +10,000 New
MFA
432
Mayflower Financial Advisors
Massachusetts
$331K +$3.15K +84 +0.8%
AAS
433
Avantax Advisory Services
Texas
$326K +$31.4K +839 +9%
MMA
434
Mizuho Markets Americas
New York
$321K -$4.53M -121,079 -93%
DCM
435
DGS Capital Management
New Jersey
$318K +$359K +9,600 New
ASN
436
Advisory Services Network
Georgia
$317K +$151K +4,024 +73%
PP
437
Prudential plc
United Kingdom
$315K
MF
438
Magnetar Financial
Illinois
$314K +$355K +9,470 New
Baird Financial Group
439
Baird Financial Group
Wisconsin
$312K +$27K +720 +8%
VI
440
Versor Investments
New York
$305K +$344K +9,200 New
PWM
441
Prosperity Wealth Management
California
$291K -$749 -20 -0.2%
Carson Wealth (CWM LLC)
442
Carson Wealth (CWM LLC)
Nebraska
$290K +$141K +3,777 +76%
OPWM
443
Oxinas Partners Wealth Management
Indiana
$287K -$232K -6,200 -42%
AWM
444
Angeles Wealth Management
California
$285K +$322K +8,590 New
RCM
445
RMR Capital Management
California
$275K +$310K +8,291 New
CF
446
Corebridge Financial
Texas
$273K -$5.05K -135 -2%
LA
447
LVW Advisors
New York
$269K +$562 +15 +0.2%
BCI
448
Brinker Capital Investments
Pennsylvania
$266K +$86.2K +2,303 +40%
OPS
449
Orion Portfolio Solutions
Nebraska
$266K +$86.2K +2,303 +40%
TVM
450
True Vision MN
Minnesota
$262K +$9.17K +245 +3%

TOST Hedge Fund Activity: Q1 2025 in Review

660 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Toast (TOST) for Q1 2025, worth a combined $14.1B — down 7.2% from $15.2B a quarter earlier.

Buyers outnumbered sellers: 115 funds opened new TOST positions and 81 closed out — a net gain of 34 holders — while 283 added to existing stakes and 172 trimmed.

The largest buyer was Bank of America, adding an estimated $246M. The largest seller was ValueAct Holdings, cutting an estimated $223M.

  • 660 institutional investors held Toast (TOST) as of Q1 2025, up from 631 in Q4 2024.
  • Funds reported $14.1B of Toast stock for Q1 2025, down 7.2% quarter-over-quarter.
  • 115 funds opened new Toast positions in Q1 2025 and 81 closed out, a net change of +34 holders.
  • The largest Toast buyer in Q1 2025 was Bank of America, an estimated $246M added.
  • The largest Toast seller in Q1 2025 was ValueAct Holdings, an estimated $223M sold.

Based on aggregated 13F filings for Q1 2025.