726 hedge funds and large institutions have $16B invested in Toast in 2025 Q3 according to their latest regulatory filings, with 115 funds opening new positions, 284 increasing their positions, 211 reducing their positions, and 119 closing their positions.

New
Increased
Maintained
Reduced
Closed

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more call options, than puts

Call options by funds: $ | Put options by funds: $

less first-time investments, than exits

New positions opened: | Existing positions closed:

less funds holding

Funds holding:

3.14% less ownership

Funds ownership: 89.01%85.87% (-3.1%)

18% less capital invested

Capital invested by funds: $19.6B → $16B (-$3.63B)

47% less funds holding in top 10

Funds holding in top 10: 179 (-8)

Holders
726
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
9
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$628M
Puts
$502M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MFG
526
Merit Financial Group
Georgia
$220K
PWM
527
Purus Wealth Management
California
$219K
VCP
528
Verus Capital Partners
Arizona
$218K
AG
529
AlTi Global
New York
$218K
FIA
530
Foundations Investment Advisors
Arizona
$217K
CWM
531
Connecticut Wealth Management
Connecticut
$216K
VFA
532
Valeo Financial Advisors
Indiana
$216K
A
533
AlphaQuest
New York
$215K
YCM
534
Yousif Capital Management
Michigan
$215K
WCA
535
Westover Capital Advisors
Delaware
$210K
GIM
536
Glenmede Investment Management
Pennsylvania
$207K
GWM
537
GDS Wealth Management
Texas
$207K
AC
538
AXQ Capital
New Jersey
$206K
GWMR
539
GC Wealth Management RIA
Massachusetts
$205K
CCM
540
Coldstream Capital Management
Washington
$203K
IWN
541
Independent Wealth Network
Iowa
$202K
Baird Financial Group
542
Baird Financial Group
Wisconsin
$202K
MFS
543
Mirabella Financial Services
United Kingdom
$201K
S
544
Sachetta
Massachusetts
$199K
Group One Trading
545
Group One Trading
Illinois
$188K
MAM
546
Meeder Asset Management
Ohio
$187K
CA
547
Crewe Advisors
Utah
$183K
FFA
548
Farther Finance Advisors
California
$179K
ERSOT
549
Employees Retirement System of Texas
Texas
$176K
New York State Teachers Retirement System (NYSTRS)
550
New York State Teachers Retirement System (NYSTRS)
New York
$174K