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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
IWN
576
Independent Wealth Network
Iowa
$200K +$3.6K +100 +2%
Nisa Investment Advisors
577
Nisa Investment Advisors
Missouri
$192K +$187K +5,177 +2,251%
AAM
578
Advisors Asset Management
Colorado
$187K +$42K +1,164 +28%
MAM
579
Meeder Asset Management
Ohio
$182K +$144 +4 +0.1%
CH
580
Canton Hathaway
Rhode Island
$182K +$184K +5,115 New
PW
581
Pandora Wealth
Illinois
$178K +$181K +5,014 New
CA
582
Crewe Advisors
Utah
$178K
CIBC Private Wealth Group
583
CIBC Private Wealth Group
Georgia
$175K -$53.3K -1,479 -23%
KFA
584
Kelleher Financial Advisors
New York
$164K +$166K +4,610 New
IAIM
585
International Assets Investment Management
Florida
$155K +$157K +4,352 New
AF
586
Allworth Financial
California
$148K -$77.6K -2,152 -34%
FHA
587
Flagship Harbor Advisors
Massachusetts
$148K +$81.2K +2,252 New
MCM
588
MAI Capital Management
Ohio
$146K +$40K +1,110 +37%
GRP
589
Global Retirement Partners
California
$142K +$121K +3,348 +505%
HNB
590
Huntington National Bank
Ohio
$137K +$3.39K +94 +2%
S
591
Sachetta
Massachusetts
$137K -$57.7K -1,600 -29%
GI
592
GAMMA Investing
California
$132K -$12.1K -336 -8%
JWM
593
Jupiter Wealth Management
Colorado
$131K +$180K +5,000 New
EWA
594
EverSource Wealth Advisors
Alabama
$122K +$5.88K +163 +5%
ISWM
595
Intesa Sanpaolo Wealth Management
$118K +$120K +3,335 New
SCM
596
Sterling Capital Management
North Carolina
$118K +$94.8K +2,629 +383%
FAM
597
Fulcrum Asset Management
United Kingdom
$112K
DJSG
598
D.J. St. Germain
Massachusetts
$107K -$26.6K -739 -20%
CCP
599
Caden Capital Partners
California
$105K +$107K +2,967 New
LS
600
Livforsakringsbolaget Skandia
Sweden
$103K