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
C
551
Cliffwater
California
$163K
C
552
Covestor
United Kingdom
$163K
AAM
553
Advisors Asset Management
Colorado
$149K
GI
554
GAMMA Investing
California
$148K
SAM
555
Shell Asset Management
Netherlands
$142K
SWM
556
Spire Wealth Management
Virginia
$139K
HNB
557
Huntington National Bank
Ohio
$137K
DJSG
558
D.J. St. Germain
Massachusetts
$137K
National Bank of Canada
559
National Bank of Canada
Quebec, Canada
$136K
EWA
560
EverSource Wealth Advisors
Alabama
$120K
FAM
561
Fulcrum Asset Management
United Kingdom
$113K
MCM
562
MAI Capital Management
Ohio
$109K
IWA
563
Icon Wealth Advisors
Texas
$107K
LS
564
Livforsakringsbolaget Skandia
Sweden
$106K
QL
565
Quarry LP
New York
$101K
WT
566
Whittier Trust
California
$97.8K
SS
567
SBI Securities
Japan
$96.3K
MCM
568
Manchester Capital Management
Vermont
$95.1K
BWL
569
Bogart Wealth LLC
Virginia
$95K
OIAM
570
OFI Invest Asset Management
France
$91.8K
OCM
571
Orion Capital Management
California
$91.3K
1IA
572
1620 Investment Advisors
Massachusetts
$90K
Mirae Asset Global Investments
573
Mirae Asset Global Investments
South Korea
$87.7K
YAL
574
Your Advocates Ltd
Texas
$87.6K
TRCT
575
Tower Research Capital (TRC)
New York
$85.2K