Toast
TOST
760 hedge funds and large institutions have $11.9B invested in Toast in 2026 Q1 according to their latest regulatory filings, with 109 funds opening new positions, 313 increasing their positions, 225 reducing their positions, and 138 closing their positions.
63% more call options, than puts
Call options by funds: $450M | Put options by funds: $276M
39% more repeat investments, than reductions
Existing positions increased: 313 | Existing positions reduced: 225
13% more funds holding in top 10
Funds holding in top 10: 16 → 18 (+2)
2.38% less ownership
Funds ownership: 86.88% → 84.51% (-2.4%)
5% less funds holding
Funds holding: 801 → 760 (-41)
21% less first-time investments, than exits
New positions opened: 109 | Existing positions closed: 138
25% less capital invested
Capital invested by funds: $15.9B → $11.9B (-$4B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$264M |
| 2 |
JP Morgan Chase
New York
|
+$221M |
| 3 |
VH
ValueAct Holdings
San Francisco,
California
|
+$146M |
| 4 |
Jane Street
New York
|
+$118M |
| 5 |
MG
Meritage Group
San Francisco,
California
|
+$102M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$441M |
| 2 |
Jennison Associates
New York
|
-$356M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$255M |
| 4 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$81.6M |
| 5 |
XL
XN LP
New York
|
-$74M |
TOST Hedge Fund Activity: Q1 2026 in Review
760 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Toast (TOST) for Q1 2026, worth a combined $11.9B — down 25% from $15.9B a quarter earlier.
Sellers outnumbered buyers: 138 funds closed out of TOST and 109 opened new positions — a net loss of 29 holders — while 225 trimmed existing stakes and 313 added.
The largest buyer was AllianceBernstein, adding an estimated $264M. The largest seller was Capital International Investors, cutting an estimated $441M.
- 760 institutional investors held Toast (TOST) as of Q1 2026, down from 801 in Q4 2025.
- Funds reported $11.9B of Toast stock for Q1 2026, down 25% quarter-over-quarter.
- 109 funds opened new Toast positions in Q1 2026 and 138 closed out, a net change of -29 holders.
- The largest Toast buyer in Q1 2026 was AllianceBernstein, an estimated $264M added.
- The largest Toast seller in Q1 2026 was Capital International Investors, an estimated $441M sold.
Based on aggregated 13F filings for Q1 2026.