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738 hedge funds and large institutions have $16B invested in Toast in 2025 Q3 according to their latest regulatory filings, with 116 funds opening new positions, 288 increasing their positions, 216 reducing their positions, and 119 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 288 | Existing positions reduced: 216

25% more call options, than puts

Call options by funds: $628M | Put options by funds: $502M

3% less first-time investments, than exits

New positions opened: 116 | Existing positions closed: 119

1% less funds holding

Funds holding: 749738 (-11)

2.92% less ownership

Funds ownership: 89.05%86.13% (-2.9%)

18% less capital invested

Capital invested by funds: $19.6B → $16B (-$3.59B)

47% less funds holding in top 10

Funds holding in top 10: 179 (-8)

Holders
738
Holders Change
-11
Holders Change %
-1.47%
% of All Funds
9.69%
Holding in Top 10
9
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-47.06%
% of All Funds
0.12%
New
116
Increased
288
Reduced
216
Closed
119
Calls
$628M
Puts
$502M
Net Calls
+$126M
Net Calls Change
+$41.6M
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
151
LPL Financial
California
$9.13M +$2.9M +66,888 +37%
DB
152
Danske Bank
Denmark
$8.83M +$1.63M +37,500 +18%
Canada Life
153
Canada Life
Manitoba, Canada
$8.82M -$395K -9,107 -4%
CIA
154
Capital Impact Advisors
Massachusetts
$8.69M +$1.18M +27,267 +13%
CIC
155
Carnegie Investment Counsel
Ohio
$8.41M +$1.25M +28,850 +14%
AQR Capital Management
156
AQR Capital Management
Connecticut
$8.29M +$1.54M +35,556 +19%
EGM
157
Engineers Gate Manager
New York
$8.07M +$9.26M +213,241 +2,699%
JCM
158
Jag Capital Management
Missouri
$7.58M +$8.78M +202,261 +3,853%
SLAM
159
Swiss Life Asset Management
$7.56M +$4.01M +92,385 +80%
WIA
160
Westbourne Investment Advisors
Maryland
$7.52M -$560K -12,897 -6%
Treasurer of the State of North Carolina
161
Treasurer of the State of North Carolina
North Carolina
$7.42M -$344K -7,914 -4%
Nomura Holdings
162
Nomura Holdings
Japan
$7.31M +$8.69M +200,241 New
Wellington Management Group
163
Wellington Management Group
Massachusetts
$7.24M +$8.05M +185,548 +1,448%
DF
164
DNCA Finance
France
$7.14M +$1.74M +40,150 +26%
AssetMark Inc
165
AssetMark Inc
California
$7.12M +$702K +16,170 +9%
MMA
166
Miracle Mile Advisors
California
$7.01M -$9.98K -230 -0.1%
MIF
167
Mediolanum International Funds
Ireland
$6.98M -$12.5M -288,278 -61%
SOMRS
168
State of Michigan Retirement System
Michigan
$6.68M +$7.94M +183,000 New
IIM
169
INTECH Investment Management
Florida
$6.61M -$12M -277,261 -61%
MGAM
170
McGowan Group Asset Management
Texas
$6.44M -$245K -5,633 -3%
HighTower Advisors
171
HighTower Advisors
Illinois
$6.35M +$158K +3,650 +2%
Asset Management One
172
Asset Management One
Japan
$6.3M +$170K +3,921 +2%
Pictet Asset Management
173
Pictet Asset Management
Switzerland
$6.2M -$243K -5,591 -3%
KK
174
KLP Kapitalforvaltning
Norway
$6.19M
Commonwealth Equity Services
175
Commonwealth Equity Services
Massachusetts
$6.16M +$1.78M +40,984 +32%