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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
MTC
576
Matrix Trust Company
Colorado
$13K +$1.12K +30 +8%
HCP
577
Hexagon Capital Partners
Arkansas
$10.3K +$711 +19 +7%
BIG
578
Brooklyn Investment Group
New York
$10.2K +$5.73K +153 +100%
MWA
579
Medallion Wealth Advisors
Connecticut
$10.1K +$9.51K +254 +635%
CWM
580
Compass Wealth Management
Connecticut
$9.95K +$11.2K +300 New
RFG
581
REAP Financial Group
Texas
$9.69K +$3.63K +97 +50%
WTC
582
WhitTier Trust Company
Nevada
$9.48K +$3.93K +105 +58%
RMP
583
Richards, Merrill & Peterson
Washington
$9.12K
CMP
584
Coston McIsaac & Partners
Maine
$9K
CWM
585
Crowley Wealth Management
Delaware
$8.29K
PWAM
586
Private Wealth Asset Management
Iowa
$7.99K +$9.02K +241 New
FF
587
Finley Financial
Nevada
$7.71K
CFO
588
CVA Family Office
Colorado
$7.6K +$8.54K +228 +22,800%
Fifth Third Bancorp
589
Fifth Third Bancorp
Ohio
$7.07K -$1.12K -30 -12%
HNW
590
High Note Wealth
Minnesota
$7.07K
MA
591
MCF Advisors
Kentucky
$6.8K +$7.68K +205 New
BCM
592
Blume Capital Management
California
$6.63K
FP
593
Financial Perspectives
Minnesota
$6.63K
NSIM
594
North Star Investment Management
Illinois
$6.63K
GSWM
595
Golden State Wealth Management
California
$6.47K
GWS
596
Greykasell Wealth Strategies
California
$6.3K +$7.11K +190 New
PTC
597
Private Trust Company
Ohio
$6.24K -$75 -2 -1%
CSPIA
598
Cary Street Partners Investment Advisory
Virginia
$5.84K +$6.4K +171 +3,420%
VCM
599
Versant Capital Management
Arizona
$5.64K +$6.37K +170 New
PPA
600
Painted Porch Advisors
California
$5.57K +$6.29K +168 New

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.