Toast
TOST
442 hedge funds and large institutions have $6.41B invested in Toast in 2023 Q4 according to their latest regulatory filings, with 103 funds opening new positions, 160 increasing their positions, 124 reducing their positions, and 71 closing their positions.
45% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 71
29% more repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 124
20% more funds holding in top 10
Funds holding in top 10: 15 → 18 (+3)
18% more call options, than puts
Call options by funds: $144M | Put options by funds: $122M
7% more funds holding
Funds holding: 415 → 442 (+27)
0.45% less ownership
Funds ownership: 84.28% → 83.82% (-0.45%)
1% less capital invested
Capital invested by funds: $6.5B → $6.41B (-$89.1M)
Top Buyers
| 1 |
BOCH
Blue Owl Capital Holdings
New York
|
+$91.3M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$67.7M |
| 3 |
MG
Meritage Group
San Francisco,
California
|
+$63.1M |
| 4 |
JP Morgan Chase
New York
|
+$60.9M |
| 5 |
XL
XN LP
New York
|
+$58.8M |
Top Sellers
| 1 |
ESCM
Echo Street Capital Management
New York
|
-$177M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$129M |
| 3 |
Morgan Stanley
New York
|
-$85.8M |
| 4 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$69M |
| 5 |
FAM
Fred Alger Management
New York
|
-$40.3M |
TOST Hedge Fund Activity: Q4 2023 in Review
442 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Toast (TOST) for Q4 2023, worth a combined $6.41B — down 1.4% from $6.5B a quarter earlier.
Buyers outnumbered sellers: 103 funds opened new TOST positions and 71 closed out — a net gain of 32 holders — while 160 added to existing stakes and 124 trimmed.
The largest buyer was Blue Owl Capital Holdings, adding an estimated $91.3M. The largest seller was Echo Street Capital Management, exiting entirely with an estimated $177M sold.
- 442 institutional investors held Toast (TOST) as of Q4 2023, up from 415 in Q3 2023.
- Funds reported $6.41B of Toast stock for Q4 2023, down 1.4% quarter-over-quarter.
- 103 funds opened new Toast positions in Q4 2023 and 71 closed out, a net change of +32 holders.
- The largest Toast buyer in Q4 2023 was Blue Owl Capital Holdings, an estimated $91.3M added.
- The largest Toast seller in Q4 2023 was Echo Street Capital Management, an estimated $177M sold.
Based on aggregated 13F filings for Q4 2023.