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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
GA
701
GFS Advisors
Texas
-$365K -10,000 Closed
OFG
702
Oxford Financial Group
Indiana
-$364K -9,987 Closed
BFG
703
Bleakley Financial Group
New Jersey
-$342K -9,394 Closed
SC
704
Savant Capital
Illinois
-$341K -9,364 Closed
CFM
705
Catalyst Funds Management
Australia
-$313K -8,600 Closed
ALAM
706
Asahi Life Asset Management
Japan
-$303K -8,300 Closed
YCG
707
Yeomans Consulting Group
Georgia
-$269K -7,386 Closed
WMA
708
West Michigan Advisors
Michigan
-$255K -6,995 Closed
BEI
709
Benjamin Edwards Inc
Missouri
-$236K -6,474 Closed
PRS
710
Pinkerton Retirement Specialists
Idaho
-$224K -6,144 Closed
CWIG
711
Chung Wu Investment Group
Texas
-$222K -6,100 Closed
GSIAS
712
Garden State Investment Advisory Services
New Jersey
-$222K -6,097 Closed
HIS
713
Harvest Investment Services
Illinois
-$218K -5,993 Closed
WCA
714
Westover Capital Advisors
Delaware
-$212K -5,820 Closed
SGAM
715
Smith Group Asset Management
Texas
-$209K -5,731 Closed
WP
716
WMS Partners
Maryland
-$208K -5,700 Closed
FFM
717
Forum Financial Management
Illinois
-$203K -5,582 Closed
EWM
718
EPG Wealth Management
Georgia
-$201K -5,510 Closed
Acadian Asset Management
719
Acadian Asset Management
Massachusetts
-$159K -4,398 Closed
CL
720
CSS LLC
Illinois
-$153K -4,204 Closed
RS
721
R Squared
Hong Kong
-$143K -3,930 Closed
CAS
722
Coppell Advisory Solutions
Texas
-$40.8K -1,106 Closed
WWA
723
Wingate Wealth Advisors
Massachusetts
-$39.9K -1,094 Closed
CFGS
724
Concourse Financial Group Securities
Alabama
-$39.5K -1,018 Closed
VWM
725
Venturi Wealth Management
Texas
-$16K -439 Closed

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.