732 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, 287 increasing their positions, 213 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:

2.92% less ownership

Funds ownership: 89.02%86.09% (-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
732
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
OTPPB
801
Ontario Teachers' Pension Plan Board
Ontario, Canada
HCA
802
Harbour Capital Advisors
Virginia
GIA
803
Gladstone Institutional Advisory
Florida
FIM
804
Freedom Investment Management
Connecticut
Acadian Asset Management
805
Acadian Asset Management
Massachusetts
FWM
806
Focused Wealth Management
New York
FCM
807
FJ Capital Management
Virginia
OCBCO
808
Oversea-Chinese Banking Corp (OCBC)
Singapore
NERM
809
New England Research & Management
Illinois
IA
810
IFG Advisory
Georgia
PSP
811
Principal Street Partners
Tennessee
SGAM
812
Smith Group Asset Management
Texas
HCMT
813
Highland Capital Management (Tennessee)
Tennessee
NL
814
NWAM LLC
Washington
SWM
815
SeaCrest Wealth Management
New York
MGP
816
Metis Global Partners
California
Financial Engines Advisors
817
Financial Engines Advisors
California
IFA
818
Index Fund Advisors
California
PTC
819
Petrus Trust Company
Texas
CCIA
820
Cherry Creek Investment Advisors
Colorado
MCM
821
Marathon Capital Management
Maryland
RP
822
Regal Partners
Australia
GC
823
Guggenheim Capital
Illinois
FA
824
Fedenia Advisers
Wisconsin
GF
825
Gries Financial
Ohio