718 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, 278 increasing their positions, 210 reducing their positions, and 116 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:

3.13% less ownership

Funds ownership: 88.95%85.82% (-3.1%)

18% less capital invested

Capital invested by funds: $19.6B → $16B (-$3.62B)

47% less funds holding in top 10

Funds holding in top 10: 179 (-8)

Holders
718
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
FFL
701
Financial Freedom LLC
Ohio
$548
BFS
702
Bare Financial Services
Pennsylvania
$548
CPG
703
Cornerstone Planning Group
New Jersey
$489
QWM
704
Quaker Wealth Management
New Jersey
$475
Pacer Advisors
705
Pacer Advisors
Pennsylvania
$438
DF
706
Dunhill Financial
United Kingdom
$425
ACM
707
Anfield Capital Management
California
$402
BIM
708
Breakwater Investment Management
Washington
$402
BCH
709
Berkshire Capital Holdings
California
$365
HI
710
Horizon Investments
North Carolina
$365
CWP
711
Concord Wealth Partners
Virginia
$292
HIA
712
HFM Investment Advisors
New Jersey
$256
SA
713
Seneschal Advisors
Washington
$220
RWM
714
Rialto Wealth Management
New York
$147
AF
715
Advisornet Financial
Minnesota
$110
BL
716
BFSG LLC
California
$110
PAM
717
Palisade Asset Management
Minnesota
$74
WW
718
Winnow Wealth
Texas
$37
Norges Bank
719
Norges Bank
Norway
1832 Asset Management
720
1832 Asset Management
Ontario, Canada
ACA
721
Abdiel Capital Advisors
New York
PL
722
Perpetual Ltd
Australia
GIM
723
Generation Investment Management
United Kingdom
PCH
724
Polar Capital Holdings
United Kingdom
DCM
725
Driehaus Capital Management
Illinois