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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
MFG
476
Menard Financial Group
Texas
$322K -$205K -4,711 -35%
RCM
477
RMR Capital Management
California
$303K
SWP
478
Stratos Wealth Partners
Ohio
$302K +$87.7K +2,020 +32%
AS
479
Aware Super
Australia
$301K -$374K -8,616 -51%
TVM
480
True Vision MN
Minnesota
$300K +$781 +18 +0.2%
UM
481
UniSuper Management
Australia
$299K
IFG
482
Independent Financial Group
California
$297K +$53.4K +1,231 +18%
HWM
483
HB Wealth Management
Georgia
$295K +$135K +3,106 +62%
BF
484
BOK Financial
Oklahoma
$293K +$15K +345 +4%
RWM
485
Ritholtz Wealth Management
New York
$291K -$40.5K -933 -10%
WANY
486
Wealthspire Advisors (New York)
New York
$289K +$344K +7,924 New
PA
487
Parallel Advisors
California
$289K +$98.1K +2,259 +40%
BP
488
Ballentine Partners
Massachusetts
$286K -$1.52K -35 -0.4%
BBHC
489
Brown Brothers Harriman & Co
New York
$286K
SAM
490
SP Asset Management
California
$285K
SI
491
Stonekeep Investments
New Mexico
$283K -$6.08K -140 -2%
Lazard Asset Management
492
Lazard Asset Management
New York
$282K +$336K +7,737 New
DAM
493
Delta Asset Management
Tennessee
$281K
CTA
494
Colonial Trust Advisors
South Carolina
$281K +$4.34K +100 +1%
YMRC
495
Yorktown Management & Research Company
Virginia
$277K
AWM
496
Aries Wealth Management
Maine
$274K
PDM
497
Penn Davis McFarland
Texas
$274K
S
498
SignatureFD
Georgia
$273K -$496K -11,433 -60%
AWA
499
Arkadios Wealth Advisors
Georgia
$271K +$323K +7,434 New
SAM
500
Secure Asset Management
Michigan
$271K +$111K +2,557 +51%