752 hedge funds and large institutions have $11.9B invested in Toast in 2026 Q1 according to their latest regulatory filings, with 109 funds opening new positions, 309 increasing their positions, 222 reducing their positions, and 135 closing their positions.

New
Increased
Maintained
Reduced
Closed

more call options, than puts

Call options by funds: $ | Put options by funds: $

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more funds holding in top 10

Funds holding in top 10:

less ownership

Funds ownership:

6% less funds holding

Funds holding: 797752 (-45)

19% less first-time investments, than exits

New positions opened: 109 | Existing positions closed: 135

25% less capital invested

Capital invested by funds: $15.9B → $11.9B (-$4B)

Holders
752
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
18
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$450M
Puts
$276M
Net Calls
Net Calls Change

Top Buyers

1 +$264M
2 +$221M
3 +$146M
4
Jane Street
Jane Street
New York
+$118M
5
MG
Meritage Group
California
+$102M

Top Sellers

1 -$441M
2 -$356M
3 -$255M
4
DCP
Durable Capital Partners
Maryland
-$81.6M
5
XL
XN LP
New York
-$74M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
101
Royal Bank of Canada
Ontario, Canada
$16.2M
Franklin Resources
102
Franklin Resources
California
$15.4M
Mitsubishi UFJ Asset Management
103
Mitsubishi UFJ Asset Management
Japan
$15.4M
AC
104
Armistice Capital
New York
$15.3M
SFI
105
Susquehanna Fundamental Investments
Pennsylvania
$14.3M
DCP
106
Distillate Capital Partners
Illinois
$14.3M
NS
107
Night Squared
New York
$14.1M
AAM
108
Arohi Asset Management
Singapore
$14M
Zurich Cantonal Bank
109
Zurich Cantonal Bank
Switzerland
$13.9M
Janney Montgomery Scott
110
Janney Montgomery Scott
Pennsylvania
$13.9M
CFM
111
Crawford Fund Management
Massachusetts
$13.9M
Citadel Advisors
112
Citadel Advisors
Florida
$13.9M
CAM
113
Cander Asset Management
New York
$13.7M
XT
114
XTX Topco
Cayman Islands
$13.2M
VOYA Investment Management
115
VOYA Investment Management
Georgia
$12.9M
New York State Common Retirement Fund
116
New York State Common Retirement Fund
New York
$12.7M
Primecap Management
117
Primecap Management
California
$12.6M
RP
118
Riverbridge Partners
Minnesota
$12.2M
State of Wisconsin Investment Board
119
State of Wisconsin Investment Board
Wisconsin
$12.2M
SG Americas Securities
120
SG Americas Securities
New York
$11.5M
GCM
121
Glynn Capital Management
California
$11.4M
VCM
122
Voleon Capital Management
California
$11.3M
State Board of Administration of Florida Retirement System
123
State Board of Administration of Florida Retirement System
Florida
$10.9M
HLA
124
Hamilton Lane Advisors
Pennsylvania
$10.6M
AAF
125
Andra AP-fonden
Sweden
$10.6M