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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
SFI
526
Siemens Fonds Invest
Germany
$228K
GWM
527
Geneos Wealth Management
Colorado
$226K -$48.4K -1,116 -15%
SRL
528
Scientech Research LLC
New Jersey
$223K -$282K -6,495 -52%
MIA
529
MeadowBrook Investment Advisors
Michigan
$222K +$7.81K +180 +3%
ACM
530
Aster Capital Management
United Arab Emirates
$222K +$257K +5,927 +4,204%
SFA
531
Sequoia Financial Advisors
Ohio
$221K +$17.8K +410 +7%
MFG
532
Merit Financial Group
Georgia
$220K -$84.7K -1,951 -24%
PWM
533
Purus Wealth Management
California
$219K +$14.3K +330 +6%
VCP
534
Verus Capital Partners
Arizona
$218K +$260K +5,979 New
AG
535
AlTi Global
New York
$218K
FIA
536
Foundations Investment Advisors
Arizona
$217K +$258K +5,953 New
CWM
537
Connecticut Wealth Management
Connecticut
$216K +$257K +5,927 New
VFA
538
Valeo Financial Advisors
Indiana
$216K +$52.1K +1,201 +25%
A
539
AlphaQuest
New York
$215K -$130K -2,988 -34%
YCM
540
Yousif Capital Management
Michigan
$215K +$8.38K +193 +3%
WCA
541
Westover Capital Advisors
Delaware
$210K -$3.04K -70 -1%
GIM
542
Glenmede Investment Management
Pennsylvania
$207K -$22.9K -527 -9%
GWM
543
GDS Wealth Management
Texas
$207K +$246K +5,664 New
AC
544
AXQ Capital
New Jersey
$206K +$245K +5,640 New
GWMR
545
GC Wealth Management RIA
Massachusetts
$205K +$21.2K +488 +10%
CCM
546
Coldstream Capital Management
Washington
$203K +$13.1K +302 +6%
IWN
547
Independent Wealth Network
Iowa
$202K -$39K -899 -14%
Baird Financial Group
548
Baird Financial Group
Wisconsin
$202K +$2.43K +56 +1%
NPT
549
National Philanthropic Trust
Pennsylvania
$202K -$194K -4,475 -45%
MFS
550
Mirabella Financial Services
United Kingdom
$201K -$796K -18,335 -77%