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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
RFA
801
Resurgent Financial Advisors
Georgia
-$363K -8,203 Closed
PFS
802
Prospera Financial Services
Texas
-$361K -8,143 Closed
CH
803
Canton Hathaway
Rhode Island
-$359K -8,113 Closed
GCS
804
Gordian Capital (Singapore)
Singapore
-$339K -7,650 Closed
OIA
805
OneDigital Investment Advisors
Kansas
-$334K -7,538 Closed
PWM
806
Perigon Wealth Management
California
-$321K -7,241 Closed
OTPPB
807
Ontario Teachers' Pension Plan Board
Ontario, Canada
-$316K -7,140 Closed
HCA
808
Harbour Capital Advisors
Virginia
-$289K -6,800 Closed
GIA
809
Gladstone Institutional Advisory
Florida
-$284K -6,406 Closed
FIM
810
Freedom Investment Management
Connecticut
-$282K -6,376 Closed
Acadian Asset Management
811
Acadian Asset Management
Massachusetts
-$275K -6,233 Closed
FWM
812
Focused Wealth Management
New York
-$276K -6,221 Closed
FCM
813
FJ Capital Management
Virginia
-$275K -6,214 Closed
OCBCO
814
Oversea-Chinese Banking Corp (OCBC)
Singapore
-$271K -6,127 Closed
NERM
815
New England Research & Management
Illinois
-$270K -6,100 Closed
IA
816
IFG Advisory
Georgia
-$257K -5,800 Closed
PSP
817
Principal Street Partners
Tennessee
-$254K -5,724 Closed
SGAM
818
Smith Group Asset Management
Texas
-$252K -5,685 Closed
HCMT
819
Highland Capital Management (Tennessee)
Tennessee
-$252K -5,683 Closed
NL
820
NWAM LLC
Washington
-$268K -5,492 Closed
SWM
821
SeaCrest Wealth Management
New York
-$241K -5,440 Closed
MGP
822
Metis Global Partners
California
-$236K -5,339 Closed
Financial Engines Advisors
823
Financial Engines Advisors
California
-$228K -5,158 Closed
IFA
824
Index Fund Advisors
California
-$228K -5,143 Closed
PTC
825
Petrus Trust Company
Texas
-$227K -5,135 Closed