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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
KAS
476
Kestra Advisory Services
Texas
$233K -$162K -4,316 -38%
BHCM
477
Brevan Howard Capital Management
Jersey
$233K +$263K +7,022 New
BP
478
Ballentine Partners
Massachusetts
$229K -$3.22K -86 -1%
MGP
479
Metis Global Partners
California
$228K +$258K +6,883 New
SWP
480
Stratos Wealth Partners
Ohio
$228K -$59.9K -1,599 -19%
CAMG
481
CWA Asset Management Group
Florida
$226K +$255K +6,818 New
BCV
482
Banque Cantonale Vaudoise
Switzerland
$226K +$256K +6,826 New
1C
483
111 Capital
France
$224K +$253K +6,751 New
PFBT
484
Parkside Financial Bank & Trust
Missouri
$219K +$9.51K +254 +4%
NSAM
485
North Star Asset Management
Wisconsin
$213K -$39.3K -1,050 -14%
MAM
486
Morse Asset Management
Connecticut
$212K +$239K +6,395 New
DAS
487
Dynamic Advisor Solutions
Arizona
$208K +$234K +6,256 New
CIBC Private Wealth Group
488
CIBC Private Wealth Group
Georgia
$207K +$33.6K +897 +15%
FWM
489
Focused Wealth Management
New York
$206K
IWN
490
Independent Wealth Network
Iowa
$203K -$31.8K -850 -12%
OCBCO
491
Oversea-Chinese Banking Corp (OCBC)
Singapore
$203K +$229K +6,127 New
YCM
492
Yousif Capital Management
Michigan
$201K +$7.9K +211 +4%
PCIA
493
Prime Capital Investment Advisors
Kansas
$200K +$226K +6,043 New
UBP
494
Union Bancaire Privee
Switzerland
$199K +$200K +5,332 New
CIAM
495
Caitong International Asset Management
Hong Kong
$193K +$178K +4,755 +448%
GWSG
496
GPS Wealth Strategies Group
Colorado
$181K -$24.5K -655 -11%
S
497
Sachetta
Massachusetts
$181K
GCS
498
Gordian Capital (Singapore)
Singapore
$168K +$187K +5,000 New
CA
499
Crewe Advisors
Utah
$166K
AAM
500
Advisors Asset Management
Colorado
$147K +$11.3K +301 +7%

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.