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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 75 closing their positions.

New
Increased
Maintained
Reduced
Closed

99% more first-time investments, than exits

New positions opened: 149 | Existing positions closed: 75

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: 737799 (+62)

0.76% more ownership

Funds ownership: 86.12%86.89% (+0.76%)

1% less capital invested

Capital invested by funds: $16B → $15.9B (-$151M)

Holders
799
Holders Change
+62
Holders Change %
+8.41%
% 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
75
Calls
$615M
Puts
$528M
Net Calls
+$87.3M
Net Calls Change
-$38.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Legal & General Group
76
Legal & General Group
United Kingdom
$36.6M -$1.69M -46,844 -4%
Caisse de Depot et Placement du Quebec (CDPQ)
77
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$36.3M -$7.7M -213,529 -17%
Northwestern Mutual Wealth Management
78
Northwestern Mutual Wealth Management
Wisconsin
$35M +$33.8M +936,987 +1,925%
Franklin Resources
79
Franklin Resources
California
$34.9M -$47.7M -1,323,077 -57%
Robeco Institutional Asset Management
80
Robeco Institutional Asset Management
Netherlands
$34.5M +$2.07M +57,512 +6%
TI
81
Trexquant Investment
Connecticut
$34.4M +$5.23M +145,201 +18%
MGCM
82
Mane Global Capital Management
New York
$33.2M +$33.4M +927,498 +13,175%
CB
83
Commerce Bank
Missouri
$30.2M -$5.43M -150,546 -15%
California Public Employees Retirement System
84
California Public Employees Retirement System
California
$30.1M -$1.4M -38,884 -4%
A
85
AustralianSuper
Australia
$30.1M -$9.15M -253,709 -23%
SSA
86
Schonfeld Strategic Advisors
New York
$28.7M +$29.2M +809,331 New
Raymond James Financial
87
Raymond James Financial
Florida
$28.7M +$2.23M +61,791 +8%
JF
88
Jump Financial
Illinois
$28.4M +$11.8M +327,268 +69%
SEI Investments
89
SEI Investments
Pennsylvania
$27.7M -$13.7M -379,041 -33%
CAM
90
Congress Asset Management
Massachusetts
$27.6M -$15.8M -439,377 -36%
EDRH
91
Edmond de Rothschild Holding
Switzerland
$27.4M +$10.1M +279,659 +57%
RP
92
Riverbridge Partners
Minnesota
$26.8M -$7.49M -207,700 -22%
Janus Henderson Group
93
Janus Henderson Group
United Kingdom
$26.1M +$507K +14,057 +2%
RhumbLine Advisers
94
RhumbLine Advisers
Massachusetts
$25.9M -$757K -20,990 -3%
PWAM
95
Park West Asset Management
California
$25.6M +$5.73M +159,000 +28%
Susquehanna International Group
96
Susquehanna International Group
Pennsylvania
$24.8M -$10.5M -291,923 -29%
Victory Capital Management
97
Victory Capital Management
Texas
$24.8M -$2.88M -79,925 -10%
KBC Group
98
KBC Group
Belgium
$24.8M -$14.6M -406,013 -37%
Allspring Global Investments
99
Allspring Global Investments
North Carolina
$24.6M -$24.6M -683,692 -49%
Royal Bank of Canada
100
Royal Bank of Canada
Ontario, Canada
$24.6M -$34.7M -961,825 -58%