718 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, 278 increasing their positions, 210 reducing their positions, and 116 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:

3.13% less ownership

Funds ownership: 88.95%85.82% (-3.1%)

18% less capital invested

Capital invested by funds: $19.6B → $16B (-$3.62B)

47% less funds holding in top 10

Funds holding in top 10: 179 (-8)

Holders
718
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
DB
151
Danske Bank
Denmark
$8.83M
Canada Life
152
Canada Life
Manitoba, Canada
$8.82M
CIA
153
Capital Impact Advisors
Massachusetts
$8.69M
CIC
154
Carnegie Investment Counsel
Ohio
$8.41M
AQR Capital Management
155
AQR Capital Management
Connecticut
$8.29M
EGM
156
Engineers Gate Manager
New York
$8.07M
JCM
157
Jag Capital Management
Missouri
$7.58M
WIA
158
Westbourne Investment Advisors
Maryland
$7.52M
Treasurer of the State of North Carolina
159
Treasurer of the State of North Carolina
North Carolina
$7.42M
Nomura Holdings
160
Nomura Holdings
Japan
$7.31M
Wellington Management Group
161
Wellington Management Group
Massachusetts
$7.24M
DF
162
DNCA Finance
France
$7.14M
AssetMark Inc
163
AssetMark Inc
California
$7.12M
MMA
164
Miracle Mile Advisors
California
$7.01M
MIF
165
Mediolanum International Funds
Ireland
$6.98M
SOMRS
166
State of Michigan Retirement System
Michigan
$6.68M
IIM
167
INTECH Investment Management
Florida
$6.61M
MGAM
168
McGowan Group Asset Management
Texas
$6.44M
HighTower Advisors
169
HighTower Advisors
Illinois
$6.35M
Asset Management One
170
Asset Management One
Japan
$6.3M
Pictet Asset Management
171
Pictet Asset Management
Switzerland
$6.2M
KK
172
KLP Kapitalforvaltning
Norway
$6.19M
Commonwealth Equity Services
173
Commonwealth Equity Services
Massachusetts
$6.16M
Bank Julius Baer & Co
174
Bank Julius Baer & Co
Switzerland
$6.09M
MSV
175
MN Services Vermogensbeheer
Netherlands
$6.07M