726 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, 284 increasing their positions, 211 reducing their positions, and 119 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:

3.14% less ownership

Funds ownership: 89.01%85.87% (-3.1%)

18% less capital invested

Capital invested by funds: $19.6B → $16B (-$3.63B)

47% less funds holding in top 10

Funds holding in top 10: 179 (-8)

Holders
726
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
SC
701
SouthState Corp
Florida
$913
VFM
702
Vision Financial Markets
Connecticut
$913
NB
703
NBT Bank
New York
$913
CMA
704
Cedar Mountain Advisors
Oregon
$767
BHWM
705
Bay Harbor Wealth Management
Maryland
$730
GA
706
Guerra Advisors
Florida
$730
RWS
707
Retirement Wealth Solutions
Wisconsin
$585
FC
708
Fairscale Capital
New Hampshire
$584
FFL
709
Financial Freedom LLC
Ohio
$548
BFS
710
Bare Financial Services
Pennsylvania
$548
CPG
711
Cornerstone Planning Group
New Jersey
$489
QWM
712
Quaker Wealth Management
New Jersey
$475
Pacer Advisors
713
Pacer Advisors
Pennsylvania
$438
DF
714
Dunhill Financial
United Kingdom
$425
ACM
715
Anfield Capital Management
California
$402
BIM
716
Breakwater Investment Management
Washington
$402
BCH
717
Berkshire Capital Holdings
California
$365
HI
718
Horizon Investments
North Carolina
$365
CWP
719
Concord Wealth Partners
Virginia
$292
HIA
720
HFM Investment Advisors
New Jersey
$256
SA
721
Seneschal Advisors
Washington
$220
RWM
722
Rialto Wealth Management
New York
$147
AF
723
Advisornet Financial
Minnesota
$110
BL
724
BFSG LLC
California
$110
PAM
725
Palisade Asset Management
Minnesota
$74