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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
SFI
501
Siemens Fonds Invest
Germany
$147K +$165K +4,418 New
OAM
502
Ostrum Asset Management
France
$129K +$35.3K +942 +32%
GI
503
GAMMA Investing
California
$128K +$40.3K +1,077 +39%
MAM
504
Meeder Asset Management
Ohio
$128K +$139K +3,707 +2,522%
GC
505
Garde Capital
Washington
$126K +$16.8K +450 +13%
CCM
506
Coldstream Capital Management
Washington
$121K +$137K +3,649 New
OCM
507
Orion Capital Management
California
$116K
IWA
508
Icon Wealth Advisors
Texas
$115K -$133K -3,565 -51%
FFA
509
Farther Finance Advisors
California
$108K +$26.8K +716 +29%
C
510
Cliffwater
California
$106K
WSFS
511
Wilmington Savings Fund Society
Delaware
$105K +$41.1K +1,097 +53%
CH
512
Canton Hathaway
Rhode Island
$102K
C
513
Covestor
United Kingdom
$100K +$974 +26 +0.9%
LS
514
Livforsakringsbolaget Skandia
Sweden
$96.1K
PA
515
Parallel Advisors
California
$89.3K +$48.1K +1,284 +91%
MCM
516
Manchester Capital Management
Vermont
$86.2K +$48.1K +1,285 +98%
HFM
517
Harvest Fund Management
China
$86K -$182K -4,851 -65%
WT
518
Whittier Trust
California
$85.4K +$7.49K +200 +8%
BWL
519
Bogart Wealth LLC
Virginia
$85.3K -$524 -14 -0.5%
EWA
520
EverSource Wealth Advisors
Alabama
$79.7K -$38.7K -1,033 -30%
RF
521
Roxbury Financial
New Jersey
$79.1K +$76.8K +2,050 New
A
522
AlphaQuest
New York
$68.9K -$5.24K -140 -6%
YAL
523
Your Advocates Ltd
Texas
$66.3K
PS
524
Principal Securities
Iowa
$64.5K
MCM
525
MAI Capital Management
Ohio
$63.2K +$24.8K +661 +53%

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.