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799 hedge funds and large institutions have $15.9B invested in Toast in 2025 Q4 according to their latest regulatory filings, with 149 funds opening new positions, 292 increasing their positions, 249 reducing their positions, and 76 closing their positions.

New
Increased
Maintained
Reduced
Closed

96% more first-time investments, than exits

New positions opened: 149 | Existing positions closed: 76

78% more funds holding in top 10

Funds holding in top 10: 916 (+7)

17% more repeat investments, than reductions

Existing positions increased: 292 | Existing positions reduced: 249

17% more call options, than puts

Call options by funds: $615M | Put options by funds: $528M

8% more funds holding

Funds holding: 738799 (+61)

0.76% more ownership

Funds ownership: 86.13%86.89% (+0.76%)

1% less capital invested

Capital invested by funds: $16B → $15.9B (-$152M)

Holders
799
Holders Change
+61
Holders Change %
+8.27%
% of All Funds
9.72%
Holding in Top 10
16
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+77.78%
% of All Funds
0.19%
New
149
Increased
292
Reduced
249
Closed
76
Calls
$615M
Puts
$528M
Net Calls
+$87.3M
Net Calls Change
-$38.8M
Name Holding Trade Value Shares
Change
Change in
Stake
MFG
501
Menard Financial Group
Texas
$314K
WMP
502
Wealth Management Partners
Arizona
$312K +$89.5K +2,483 +39%
GC
503
Granville Capital
North Carolina
$304K +$308K +8,553 New
SAM
504
Secure Asset Management
Michigan
$304K +$34.1K +947 +12%
AG
505
AlTi Global
New York
$303K +$92.2K +2,558 +43%
WP
506
Woodline Partners
California
$300K +$305K +8,458 New
TVPW
507
Third View Private Wealth
Connecticut
$300K +$304K +8,436 New
TB
508
Terril Brothers
Missouri
$295K +$300K +8,320 New
VIM
509
Vinva Investment Management
Australia
$295K -$670K -18,579 -70%
PS
510
Principal Securities
Iowa
$295K +$40.7K +1,130 +16%
RCM
511
RMR Capital Management
California
$294K
IC
512
Inscription Capital
Texas
$294K -$107K -2,968 -26%
UM
513
UniSuper Management
Australia
$291K
GWM
514
Geneos Wealth Management
Colorado
$291K +$72.1K +2,000 +32%
FAOAI
515
Fund Advisors of America Inc
Florida
$290K +$294K +8,160 New
RWM
516
Ritholtz Wealth Management
New York
$289K +$5.95K +165 +2%
BBES
517
Buffalo Business & Estate Services
New York
$288K +$293K +8,121 New
VFA
518
Valeo Financial Advisors
Indiana
$285K +$75.9K +2,105 +36%
FFA
519
Farther Finance Advisors
California
$283K +$111K +3,078 +63%
VCP
520
Verus Capital Partners
Arizona
$281K +$70K +1,942 +32%
BWM
521
Bosman Wealth Management
California
$280K -$1.58M -43,749 -85%
CG
522
Caprock Group
Idaho
$279K -$12.2K -338 -4%
BBHC
523
Brown Brothers Harriman & Co
New York
$278K
ASN
524
Advisory Services Network
Georgia
$277K -$304K -8,442 -52%
SAM
525
SP Asset Management
California
$277K