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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
Mirae Asset Global Investments
626
Mirae Asset Global Investments
South Korea
$1.59K +$1.86M +49,703 +1,584%
WA
627
Whipplewood Advisors
Colorado
$1.56K -$225 -6 -13%
SC
628
SouthState Corp
Florida
$1.43K +$1.61K +43 New
AF
629
Advisornet Financial
Minnesota
$1.16K +$899 +24 +218%
SO
630
Sierra Ocean
California
$1.09K +$1.24K +33 New
TWD
631
True Wealth Design
Ohio
$1.09K +$1.24K +33 New
HWA
632
HHM Wealth Advisors
Tennessee
$1.06K
WCM
633
Winthrop Capital Management
Indiana
$1K -$449 -12 -21%
CAL
634
Capital Advisors Ltd
Ohio
$1K
SWC
635
Spectrum Wealth Counsel
Indiana
$996
PWA
636
Physician Wealth Advisors
Utah
$962 +$1.09K +29 New
BF
637
BOK Financial
Oklahoma
$896
WCM
638
WealthTrak Capital Management
Virginia
$830 +$374 +10 +67%
VFM
639
Vision Financial Markets
Connecticut
$830 +$936 +25 New
DPW
640
DiNuzzo Private Wealth
Pennsylvania
$797 -$150 -4 -14%
CH
641
Cromwell Holdings
Wyoming
$663 +$749 +20 New
HFS
642
Hughes Financial Services
Virginia
$651 +$711 +19 New
NWM
643
Nova Wealth Management
Florida
$630 +$711 +19 New
FC
644
Fairscale Capital
New Hampshire
$531
FFL
645
Financial Freedom LLC
Ohio
$498
BFS
646
Bare Financial Services
Pennsylvania
$498 +$562 +15 New
PWA
647
Principia Wealth Advisory
Texas
$481 +$374 +10 +250%
RAM
648
Riggs Asset Management
Pennsylvania
$432
GFPC
649
Global Financial Private Client
Florida
$398 +$262 +7 +140%
BCH
650
Berkshire Capital Holdings
California
$332

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.