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799 hedge funds and large institutions have $15.9B invested in Toast in 2025 Q4 according to their latest regulatory filings, with 149 funds opening new positions, 292 increasing their positions, 249 reducing their positions, and 76 closing their positions.

New
Increased
Maintained
Reduced
Closed

96% more first-time investments, than exits

New positions opened: 149 | Existing positions closed: 76

78% more funds holding in top 10

Funds holding in top 10: 916 (+7)

17% more repeat investments, than reductions

Existing positions increased: 292 | Existing positions reduced: 249

17% more call options, than puts

Call options by funds: $615M | Put options by funds: $528M

8% more funds holding

Funds holding: 738799 (+61)

0.76% more ownership

Funds ownership: 86.13%86.89% (+0.76%)

1% less capital invested

Capital invested by funds: $16B → $15.9B (-$152M)

Holders
799
Holders Change
+61
Holders Change %
+8.27%
% of All Funds
9.72%
Holding in Top 10
16
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+77.78%
% of All Funds
0.19%
New
149
Increased
292
Reduced
249
Closed
76
Calls
$615M
Puts
$528M
Net Calls
+$87.3M
Net Calls Change
-$38.8M
Name Holding Trade Value Shares
Change
Change in
Stake
ALMGDA
826
AG2R La Mondiale Gestion d'Actifs
France
-$990K -22,350 Closed
EMAM
827
Encompass More Asset Management
California
-$799K -21,884 Closed
SW
828
SteelPeak Wealth
California
-$740K -20,270 Closed
OHIS
829
Oak Harvest Investment Services
Texas
-$730K -20,000 Closed
VF
830
Virtu Financial
New York
-$727K -19,926 Closed
SPA
831
Sherbrooke Park Advisers
New York
-$662K -18,121 Closed
IAA
832
Independent Advisor Alliance
North Carolina
-$661K -18,116 Closed
MG
833
Marex Group
-$555K -15,204 Closed
UWS
834
Unique Wealth Strategies
Illinois
-$530K -14,528 Closed
DIM
835
DC Investments Management
Virginia
-$471K -12,902 Closed
SMA
836
Seven Mile Advisory
New Jersey
-$463K -12,689 Closed
LIA
837
Limestone Investment Advisors
New York
-$448K -12,264 Closed
Hudson Bay Capital Management
838
Hudson Bay Capital Management
Connecticut
-$399K -10,937 Closed
WAM
839
Weiss Asset Management
Massachusetts
-$381K -10,434 Closed
GA
840
GFS Advisors
Texas
-$365K -10,000 Closed
PA
841
PharVision Advisers
Florida
-$359K -9,833 Closed
PI
842
PFG Investments
New York
-$358K -9,793 Closed
MWM
843
Moran Wealth Management
Florida
-$261K -7,142 Closed
WCM
844
Wallace Capital Management
Texas
-$259K -7,092 Closed
GKWIM
845
Gerber Kawasaki Wealth & Investment Management
California
-$248K -6,795 Closed
SW
846
SMART Wealth
Nebraska
-$238K -6,516 Closed
LWAM
847
Legacy Wealth Asset Management
Minnesota
-$230K -6,308 Closed
SRL
848
Scientech Research LLC
New Jersey
-$223K -6,100 Closed
ACM
849
Aster Capital Management
United Arab Emirates
-$222K -6,068 Closed
FIA
850
Foundations Investment Advisors
Arizona
-$217K -5,953 Closed