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415 hedge funds and large institutions have $6.5B invested in Toast in 2023 Q3 according to their latest regulatory filings, with 91 funds opening new positions, 175 increasing their positions, 98 reducing their positions, and 66 closing their positions.

New
Increased
Maintained
Reduced
Closed

79% more repeat investments, than reductions

Existing positions increased: 175 | Existing positions reduced: 98

38% more first-time investments, than exits

New positions opened: 91 | Existing positions closed: 66

5% more funds holding

Funds holding: 395415 (+20)

5.9% less ownership

Funds ownership: 90.18%84.28% (-5.9%)

12% less funds holding in top 10

Funds holding in top 10: 1715 (-2)

12% less capital invested

Capital invested by funds: $7.4B → $6.5B (-$899M)

18% less call options, than puts

Call options by funds: $91.6M | Put options by funds: $112M

Holders
415
Holders Change
+20
Holders Change %
+5.06%
% of All Funds
6.59%
Holding in Top 10
15
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-11.76%
% of All Funds
0.24%
New
91
Increased
175
Reduced
98
Closed
66
Calls
$91.6M
Puts
$112M
Net Calls
-$20.7M
Net Calls Change
-$46.1M
Name Holding Trade Value Shares
Change
Change in
Stake
EAM
26
Eventide Asset Management
Massachusetts
$54.8M +$28.7M +1,322,208 +82%
GGHC
27
Gilder Gagnon Howe & Co
New York
$54.6M -$1.56M -71,810 -2%
Two Sigma Investments
28
Two Sigma Investments
New York
$54.5M +$42.3M +1,947,801 +203%
Renaissance Technologies
29
Renaissance Technologies
New York
$49.3M +$20.9M +960,700 +57%
EDRH
30
Edmond de Rothschild Holding
Switzerland
$47.2M +$7.74M +356,465 +16%
First Trust Advisors
31
First Trust Advisors
Illinois
$46.6M +$15.5M +714,408 +40%
FAM
32
Fred Alger Management
New York
$46.1M -$21.8M -1,002,734 -29%
HP
33
Harbourvest Partners
Massachusetts
$42.8M
Northern Trust
34
Northern Trust
Illinois
$40.5M +$5.37M +247,484 +13%
Charles Schwab
35
Charles Schwab
California
$40.5M -$14.4M -662,910 -23%
Goldman Sachs
36
Goldman Sachs
New York
$37.2M -$38.5M -1,772,901 -47%
Bank of New York Mellon
37
Bank of New York Mellon
New York
$34.9M -$2.58M -118,903 -6%
SIMG
38
Stephens Investment Management Group
Texas
$33.9M +$353K +16,257 +0.9%
William Blair & Company
39
William Blair & Company
Illinois
$32.8M -$7.34M -338,052 -16%
RP
40
Riverbridge Partners
Minnesota
$30.3M +$35.1M +1,617,744 New
WorldQuant Millennium Advisors
41
WorldQuant Millennium Advisors
New York
$30.3M +$22.8M +1,050,141 +186%
Connor, Clark & Lunn Investment Management (CC&L)
42
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$27.2M +$18.1M +832,648 +135%
Tiger Global Management
43
Tiger Global Management
New York
$27M
Franklin Resources
44
Franklin Resources
California
$25.1M -$3.72M -171,415 -11%
Victory Capital Management
45
Victory Capital Management
Texas
$24.6M -$3.18M -146,585 -10%
Kayne Anderson Rudnick Investment Management
46
Kayne Anderson Rudnick Investment Management
California
$24.1M -$917K -42,236 -3%
1832 Asset Management
47
1832 Asset Management
Ontario, Canada
$23.7M +$18.9M +872,600 +223%
N
48
Nuveen
North Carolina
$23.4M -$2.76M -127,347 -9%
AC
49
Armistice Capital
New York
$23.2M +$5.93M +273,359 +28%
Squarepoint
50
Squarepoint
New York
$22.3M +$20.1M +924,400 +346%

TOST Hedge Fund Activity: Q3 2023 in Review

415 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Toast (TOST) for Q3 2023, worth a combined $6.5B — down 12% from $7.4B a quarter earlier.

Buyers outnumbered sellers: 91 funds opened new TOST positions and 66 closed out — a net gain of 25 holders — while 175 added to existing stakes and 98 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $156M. The largest seller was Generation Investment Management, cutting an estimated $86M.

  • 415 institutional investors held Toast (TOST) as of Q3 2023, up from 395 in Q2 2023.
  • Funds reported $6.5B of Toast stock for Q3 2023, down 12% quarter-over-quarter.
  • 91 funds opened new Toast positions in Q3 2023 and 66 closed out, a net change of +25 holders.
  • The largest Toast buyer in Q3 2023 was Morgan Stanley, an estimated $156M added.
  • The largest Toast seller in Q3 2023 was Generation Investment Management, an estimated $86M sold.

Based on aggregated 13F filings for Q3 2023.