Toast
TOST
518 hedge funds and large institutions have $11.6B invested in Toast in 2024 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 183 increasing their positions, 168 reducing their positions, and 57 closing their positions.
61% more call options, than puts
Call options by funds: $296M | Put options by funds: $183M
32% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 57
17% more capital invested
Capital invested by funds: $9.92B → $11.6B (+$1.68B)
3.92% more ownership
Funds ownership: 84.96% → 88.88% (+3.9%)
3% more funds holding
Funds holding: 505 → 518 (+13)
9% more repeat investments, than reductions
Existing positions increased: 183 | Existing positions reduced: 168
12% less funds holding in top 10
Funds holding in top 10: 17 → 15 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VH
ValueAct Holdings
San Francisco,
California
|
+$392M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$208M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$183M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$93.8M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$75.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$89.5M |
| 2 |
GIM
Generation Investment Management
London,
United Kingdom
|
-$69.7M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$62.2M |
| 4 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$48.4M |
| 5 |
Focus Partners Wealth
Boston,
Massachusetts
|
-$43.5M |
TOST Hedge Fund Activity: Q3 2024 in Review
518 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Toast (TOST) for Q3 2024, worth a combined $11.6B — up 17% from $9.92B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new TOST positions and 57 closed out — a net gain of 18 holders — while 183 added to existing stakes and 168 trimmed.
The largest buyer was ValueAct Holdings, opening a new position worth an estimated $392M. The largest seller was Dragoneer Investment Group, exiting entirely with an estimated $89.5M sold.
- 518 institutional investors held Toast (TOST) as of Q3 2024, up from 505 in Q2 2024.
- Funds reported $11.6B of Toast stock for Q3 2024, up 17% quarter-over-quarter.
- 75 funds opened new Toast positions in Q3 2024 and 57 closed out, a net change of +18 holders.
- The largest Toast buyer in Q3 2024 was ValueAct Holdings, an estimated $392M added.
- The largest Toast seller in Q3 2024 was Dragoneer Investment Group, an estimated $89.5M sold.
Based on aggregated 13F filings for Q3 2024.