Toast
TOST
364 hedge funds and large institutions have $5.44B invested in Toast in 2023 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 129 increasing their positions, 98 reducing their positions, and 48 closing their positions.
46% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 48
32% more repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 98
20% more call options, than puts
Call options by funds: $48.9M | Put options by funds: $40.8M
6% more funds holding
Funds holding: 345 → 364 (+19)
1% more capital invested
Capital invested by funds: $5.41B → $5.44B (+$28.6M)
4.05% less ownership
Funds ownership: 89.76% → 85.71% (-4.1%)
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Abdiel Capital Advisors
New York
|
+$217M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$97.8M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$90.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$88.7M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$62.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$235M |
| 2 |
GIM
Generation Investment Management
London,
United Kingdom
|
-$103M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$68.5M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$58.7M |
| 5 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$50.4M |
TOST Hedge Fund Activity: Q1 2023 in Review
364 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Toast (TOST) for Q1 2023, worth a combined $5.44B — up 0.53% from $5.41B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new TOST positions and 48 closed out — a net gain of 22 holders — while 129 added to existing stakes and 98 trimmed.
The largest buyer was Abdiel Capital Advisors, opening a new position worth an estimated $217M. The largest seller was T. Rowe Price Associates, cutting an estimated $235M.
- 364 institutional investors held Toast (TOST) as of Q1 2023, up from 345 in Q4 2022.
- Funds reported $5.44B of Toast stock for Q1 2023, up 0.53% quarter-over-quarter.
- 70 funds opened new Toast positions in Q1 2023 and 48 closed out, a net change of +22 holders.
- The largest Toast buyer in Q1 2023 was Abdiel Capital Advisors, an estimated $217M added.
- The largest Toast seller in Q1 2023 was T. Rowe Price Associates, an estimated $235M sold.
Based on aggregated 13F filings for Q1 2023.