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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
SCB
601
Saudi Central Bank
Saudi Arabia
$5.24K +$5.92K +158 New
TFM
602
TFC Financial Management
Massachusetts
$4.98K +$5.62K +150 New
GBT
603
Grove Bank & Trust
Florida
$4.91K +$5.35K +143 +2,860%
Nisa Investment Advisors
604
Nisa Investment Advisors
Missouri
$4.88K +$5.5K +147 New
CFD
605
Creative Financial Designs
Indiana
$4.34K +$1.16K +31 +31%
JWA
606
JFS Wealth Advisors
Pennsylvania
$4.31K +$974 +26 +25%
QCG
607
Quadrant Capital Group
Ohio
$4.25K +$3.74K +100 +357%
HWM
608
Hemington Wealth Management
Virginia
$4K +$1.42K +38 +41%
GEA
609
Glen Eagle Advisors
New Jersey
$3.91K
AssetMark Inc
610
AssetMark Inc
California
$3.81K +$2.36K +63 +121%
BIA
611
Bell Investment Advisors
California
$3.68K +$562 +15 +16%
KWM
612
Kiker Wealth Management
Georgia
$3.65K +$4.12K +110 New
SIC
613
SJS Investment Consulting
Ohio
$3.52K +$150 +4 +4%
HC
614
Hurley Capital
New York
$3.35K
WIM
615
Westside Investment Management
California
$3.32K
ADL
616
Asset Dedication LLC
California
$3.08K -$374 -10 -10%
MG
617
Mather Group
Illinois
$2.85K
WA
618
WPG Advisers
Maryland
$2.75K -$1.16K -31 -27%
AG
619
AmeriFlex Group
Nevada
$2.49K
CFB
620
Cullen/Frost Bankers
Texas
$2.26K -$225 -6 -8%
SHIM
621
Stone House Investment Management
Pennsylvania
$2.19K +$2.47K +66 New
WAS
622
Winch Advisory Services
Wisconsin
$1.96K +$2.21K +59 New
SWIM
623
Smallwood Wealth Investment Management
New Jersey
$1.92K +$2.17K +58 New
CA
624
Continuum Advisory
Idaho
$1.69K -$1.83K -49 -49%
AA
625
Addison Advisors
Vermont
$1.66K

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.