Toast
TOST
441 hedge funds and large institutions have $6.35B invested in Toast in 2023 Q4 according to their latest regulatory filings, with 102 funds opening new positions, 161 increasing their positions, 122 reducing their positions, and 71 closing their positions.
44% more first-time investments, than exits
New positions opened: 102 | Existing positions closed: 71
32% more repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 122
20% more funds holding in top 10
Funds holding in top 10: 15 → 18 (+3)
18% more call options, than puts
Call options by funds: $144M | Put options by funds: $122M
6% more funds holding
Funds holding: 415 → 441 (+26)
2% less capital invested
Capital invested by funds: $6.5B → $6.35B (-$150M)
1.24% less ownership
Funds ownership: 84.27% → 83.03% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BOCH
Blue Owl Capital Holdings
New York
|
+$91.3M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$67.7M |
| 3 |
MG
Meritage Group
San Francisco,
California
|
+$63.1M |
| 4 |
JP Morgan Chase
New York
|
+$60.9M |
| 5 |
XL
XN LP
New York
|
+$58.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ESCM
Echo Street Capital Management
New York
|
-$177M |
| 2 |
Morgan Stanley
New York
|
-$141M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$129M |
| 4 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$69M |
| 5 |
FAM
Fred Alger Management
New York
|
-$40.3M |
TOST Hedge Fund Activity: Q4 2023 in Review
441 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Toast (TOST) for Q4 2023, worth a combined $6.35B — down 2.3% from $6.5B a quarter earlier.
Buyers outnumbered sellers: 102 funds opened new TOST positions and 71 closed out — a net gain of 31 holders — while 161 added to existing stakes and 122 trimmed.
The largest buyer was Blue Owl Capital Holdings, adding an estimated $91.3M. The largest seller was Echo Street Capital Management, exiting entirely with an estimated $177M sold.
- 441 institutional investors held Toast (TOST) as of Q4 2023, up from 415 in Q3 2023.
- Funds reported $6.35B of Toast stock for Q4 2023, down 2.3% quarter-over-quarter.
- 102 funds opened new Toast positions in Q4 2023 and 71 closed out, a net change of +31 holders.
- The largest Toast buyer in Q4 2023 was Blue Owl Capital Holdings, an estimated $91.3M added.
- The largest Toast seller in Q4 2023 was Echo Street Capital Management, an estimated $177M sold.
Based on aggregated 13F filings for Q4 2023.