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738 hedge funds and large institutions have $16B invested in Toast in 2025 Q3 according to their latest regulatory filings, with 116 funds opening new positions, 288 increasing their positions, 216 reducing their positions, and 119 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 288 | Existing positions reduced: 216

25% more call options, than puts

Call options by funds: $628M | Put options by funds: $502M

3% less first-time investments, than exits

New positions opened: 116 | Existing positions closed: 119

1% less funds holding

Funds holding: 749738 (-11)

2.92% less ownership

Funds ownership: 89.05%86.13% (-2.9%)

18% less capital invested

Capital invested by funds: $19.6B → $16B (-$3.59B)

47% less funds holding in top 10

Funds holding in top 10: 179 (-8)

Holders
738
Holders Change
-11
Holders Change %
-1.47%
% of All Funds
9.69%
Holding in Top 10
9
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-47.06%
% of All Funds
0.12%
New
116
Increased
288
Reduced
216
Closed
119
Calls
$628M
Puts
$502M
Net Calls
+$126M
Net Calls Change
+$41.6M
Name Holding Trade Value Shares
Change
Change in
Stake
AA
701
Addison Advisors
Vermont
$1.83K
DPW
702
DiNuzzo Private Wealth
Pennsylvania
$1.76K -$651K -15,003 -100%
QCG
703
Quadrant Capital Group
Ohio
$1.75K +$2.08K +48 New
KG
704
Kilter Group
New York
$1.53K -$3.08K -71 -63%
TWD
705
True Wealth Design
Ohio
$1.53K
PWA
706
Physician Wealth Advisors
Utah
$1.5K +$521 +12 +41%
AP
707
Aspect Partners
Virginia
$1.35K +$1.61K +37 New
CAL
708
Capital Advisors Ltd
Ohio
$1K
RBC
709
Roble Belko & Company
Pennsylvania
$1K
SC
710
SouthState Corp
Florida
$913 -$217 -5 -17%
VFM
711
Vision Financial Markets
Connecticut
$913
NB
712
NBT Bank
New York
$913 +$521 +12 +48%
CMA
713
Cedar Mountain Advisors
Oregon
$767 +$912 +21 New
BHWM
714
Bay Harbor Wealth Management
Maryland
$730 +$304 +7 +54%
GA
715
Guerra Advisors
Florida
$730 +$868 +20 New
RWS
716
Retirement Wealth Solutions
Wisconsin
$585 +$695 +16 New
FC
717
Fairscale Capital
New Hampshire
$584
BFS
718
Bare Financial Services
Pennsylvania
$548
FFL
719
Financial Freedom LLC
Ohio
$548
CPG
720
Cornerstone Planning Group
New Jersey
$489 -$26.7K -614 -98%
QWM
721
Quaker Wealth Management
New Jersey
$475
Pacer Advisors
722
Pacer Advisors
Pennsylvania
$438
DF
723
Dunhill Financial
United Kingdom
$425 +$43 +1 +9%
ACM
724
Anfield Capital Management
California
$402 +$478 +11 New
BIM
725
Breakwater Investment Management
Washington
$402 +$478 +11 New