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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
Bank of New York Mellon
51
Bank of New York Mellon
New York
$56.8M -$9.2M -211,845 -12%
BNP Paribas Financial Markets
52
BNP Paribas Financial Markets
France
$56.5M +$37.1M +854,787 +123%
VOYA Investment Management
53
VOYA Investment Management
Georgia
$54.4M -$1.04M -24,019 -2%
American Century Companies
54
American Century Companies
Missouri
$54.2M +$42.5M +978,225 +193%
GCP
55
Greenoaks Capital Partners
California
$54.1M -$3.47M -80,000 -5%
Allspring Global Investments
56
Allspring Global Investments
North Carolina
$50.1M -$13.9M -319,611 -19%
Squarepoint
57
Squarepoint
New York
$49.8M +$26.1M +601,906 +79%
Dimensional Fund Advisors
58
Dimensional Fund Advisors
Texas
$48.5M +$2.92M +67,310 +5%
Swiss National Bank
59
Swiss National Bank
Switzerland
$47.2M -$2.34M -53,800 -4%
NC
60
NZS Capital
Colorado
$47M +$3.21M +74,047 +6%
N
61
Nuveen
North Carolina
$46.1M -$2.42M -55,647 -4%
GIM
62
Granahan Investment Management
Massachusetts
$45.2M -$16.3M -374,609 -23%
Caisse de Depot et Placement du Quebec (CDPQ)
63
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$45.1M +$25.7M +592,027 +92%
D.E. Shaw & Co
64
D.E. Shaw & Co
New York
$45.1M -$72M -1,658,139 -57%
CAM
65
Congress Asset Management
Massachusetts
$44.4M +$52.8M +1,216,112 New
SEI Investments
66
SEI Investments
Pennsylvania
$42.3M +$5.56M +128,131 +12%
KBC Group
67
KBC Group
Belgium
$40.3M +$23.6M +543,344 +97%
Vontobel Holding
68
Vontobel Holding
Switzerland
$40.2M +$47.3M +1,089,269 +9,671%
A
69
AustralianSuper
Australia
$40.2M +$4.29M +98,763 +10%
Deutsche Bank
70
Deutsche Bank
Germany
$40.1M +$5.2M +119,735 +12%
Legal & General Group
71
Legal & General Group
United Kingdom
$39.4M +$1.2M +27,670 +3%
DGM
72
Delta Global Management
New York
$38.2M -$1.7M -39,165 -4%
Citigroup
73
Citigroup
New York
$38M +$6.63M +152,807 +17%
Westfield Capital Management
74
Westfield Capital Management
Massachusetts
$37.8M -$24.7M -568,349 -35%
Wells Fargo
75
Wells Fargo
California
$37.2M +$15.9M +366,899 +56%