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474 hedge funds and large institutions have $9.06B invested in Toast in 2024 Q1 according to their latest regulatory filings, with 106 funds opening new positions, 167 increasing their positions, 142 reducing their positions, and 66 closing their positions.

New
Increased
Maintained
Reduced
Closed

61% more first-time investments, than exits

New positions opened: 106 | Existing positions closed: 66

45% more call options, than puts

Call options by funds: $228M | Put options by funds: $158M

41% more capital invested

Capital invested by funds: $6.41B → $9.06B (+$2.65B)

18% more repeat investments, than reductions

Existing positions increased: 167 | Existing positions reduced: 142

7% more funds holding

Funds holding: 442474 (+32)

0.55% less ownership

Funds ownership: 83.82%83.27% (-0.55%)

17% less funds holding in top 10

Funds holding in top 10: 1815 (-3)

Holders
474
Holders Change
+32
Holders Change %
+7.24%
% of All Funds
6.83%
Holding in Top 10
15
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-16.67%
% of All Funds
0.22%
New
106
Increased
167
Reduced
142
Closed
66
Calls
$228M
Puts
$158M
Net Calls
+$70.4M
Net Calls Change
+$48.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$891M -$19.3M -934,357 -3%
Capital International Investors
2
Capital International Investors
California
$820M +$74M +3,574,397 +12%
BlackRock
3
BlackRock
New York
$524M +$15.8M +763,025 +4%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$487M +$71.3M +3,445,788 +21%
DCP
5
Durable Capital Partners
Maryland
$397M +$48.9M +2,361,000 +17%
HCM
6
HMI Capital Management
California
$333M -$37.7M -1,819,655 -12%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$333M -$79.2M -3,823,937 -22%
ACA
8
Abdiel Capital Advisors
New York
$259M -$10.6M -511,010 -5%
CIP
9
Champlain Investment Partners
Vermont
$249M +$17.3M +833,390 +9%
GCP
10
Greenoaks Capital Partners
California
$210M -$8.28M -400,000 -5%
DIG
11
Dragoneer Investment Group
California
$189M +$62.6M +3,024,167 +67%
State Street
12
State Street
Massachusetts
$181M +$2.45M +118,152 +2%
WRCM
13
Whale Rock Capital Management
Massachusetts
$179M +$149M +7,187,434 New
T. Rowe Price Investment Management
14
T. Rowe Price Investment Management
Maryland
$177M +$82.4M +3,982,248 +128%
Sumitomo Mitsui Trust Group
15
Sumitomo Mitsui Trust Group
Japan
$171M +$5.81M +280,418 +4%
JP Morgan Chase
16
JP Morgan Chase
New York
$163M +$36M +1,739,956 +36%
NAMA
17
Nikko Asset Management Americas
New York
$154M +$4.44M +214,384 +4%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$146M +$5.6M +270,720 +5%
GIM
19
Generation Investment Management
United Kingdom
$143M -$68.3M -3,297,145 -36%
Norges Bank
20
Norges Bank
Norway
$141M +$30.4M +1,468,130 +35%
MG
21
Meritage Group
California
$132M +$29.7M +1,436,494 +37%
XL
22
XN LP
New York
$126M +$30.4M +1,467,339 +41%
Morgan Stanley
23
Morgan Stanley
New York
$115M -$45M -2,173,197 -32%
1WCM
24
12 West Capital Management
New York
$94M -$41.4M -2,000,000 -35%
EAM
25
Eventide Asset Management
Massachusetts
$80.6M -$8.62M -416,151 -11%

TOST Hedge Fund Activity: Q1 2024 in Review

474 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Toast (TOST) for Q1 2024, worth a combined $9.06B — up 41% from $6.41B a quarter earlier.

Buyers outnumbered sellers: 106 funds opened new TOST positions and 66 closed out — a net gain of 40 holders — while 167 added to existing stakes and 142 trimmed.

The largest buyer was Whale Rock Capital Management, opening a new position worth an estimated $149M. The largest seller was Blue Owl Capital Holdings, cutting an estimated $115M.

  • 474 institutional investors held Toast (TOST) as of Q1 2024, up from 442 in Q4 2023.
  • Funds reported $9.06B of Toast stock for Q1 2024, up 41% quarter-over-quarter.
  • 106 funds opened new Toast positions in Q1 2024 and 66 closed out, a net change of +40 holders.
  • The largest Toast buyer in Q1 2024 was Whale Rock Capital Management, an estimated $149M added.
  • The largest Toast seller in Q1 2024 was Blue Owl Capital Holdings, an estimated $115M sold.

Based on aggregated 13F filings for Q1 2024.