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Toll Brothers, Inc.

TOL
Exchange
NYSE
Industry
Operative Builders
SEC CIK
0000794170

In the last 90 days, Toll Brothers, Inc. insiders filed 0 open-market purchases and 1 sale; 808 institutions reported holding it in 13F filings for Q2 2026, worth $14.2B in total; superinvestors Greenhaven Associates and Viking Global Investors hold it.

13F holders, Q3 2025

Institutional positions in Toll Brothers, Inc. as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
721
+68 vs. Q2 2025
Shares held
84.6M
−1.82M (−2.1%) vs. Q2 2025
Total value
$11.7B
+$1.82B (+18.4%) vs. Q2 2025
New holders
131
256 more added
Sold out
63
213 more reduced

8 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting TOL on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 721 institutions
Q1 2021: 394 institutionsQ2 2021: 409 institutionsQ3 2021: 409 institutionsQ4 2021: 455 institutionsQ1 2022: 415 institutionsQ2 2022: 393 institutionsQ3 2022: 382 institutionsQ4 2022: 427 institutionsQ1 2023: 448 institutionsQ2 2023: 517 institutionsQ3 2023: 518 institutionsQ4 2023: 574 institutionsQ1 2024: 643 institutionsQ2 2024: 659 institutionsQ3 2024: 718 institutionsQ4 2024: 721 institutionsQ1 2025: 662 institutionsQ2 2025: 661 institutionsQ3 2025: 721 institutionsQ4 2025: 736 institutionsQ1 2026: 785 institutionsQ2 2026: 808 institutions
Value heldQ3 2025: $11.7B
Q1 2021: $6.23BQ2 2021: $6.20BQ3 2021: $5.81BQ4 2021: $7.51BQ1 2022: $4.68BQ2 2022: $4.38BQ3 2022: $3.98BQ4 2022: $5.09BQ1 2023: $6.00BQ2 2023: $7.93BQ3 2023: $7.45BQ4 2023: $9.83BQ1 2024: $12.0BQ2 2024: $10.3BQ3 2024: $13.7BQ4 2024: $11.1BQ1 2025: $9.48BQ2 2025: $10.0BQ3 2025: $11.7BQ4 2025: $11.5BQ1 2026: $11.4BQ2 2026: $14.2B
Institutions holding TOL and their total value by quarter
QuarterHoldersValue
Q2 2026808$14.2B
Q1 2026785$11.4B
Q4 2025736$11.5B
Q3 2025721$11.7B
Q2 2025661$10.0B
Q1 2025662$9.48B
Q4 2024721$11.1B
Q3 2024718$13.7B
Q2 2024659$10.3B
Q1 2024643$12.0B
Q4 2023574$9.83B
Q3 2023518$7.45B
Q2 2023517$7.93B
Q1 2023448$6.00B
Q4 2022427$5.09B
Q3 2022382$3.98B
Q2 2022393$4.38B
Q1 2022415$4.68B
Q4 2021455$7.51B
Q3 2021409$5.81B
Q2 2021409$6.20B
Q1 2021394$6.23B

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Toll Brothers, Inc.; share changes are against Q2 2025.

Institutions holding TOL in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
The PNC Financial Services Group, Inc.23,176$3.20M0.00%+1,636+7.6%Added
Nisa Investment Advisors, LLC23,339$3.22M0.01%00.0%Unchanged
State of Michigan Retirement System23,426$3.24M0.02%−500−2.1%Reduced
Ruffer LLP23,670$3.27M0.18%−35,009−59.7%Reduced
KLP Kapitalforvaltning AS23,800$3.29M0.01%−1,000−4.0%Reduced
Kera Capital Partners, Inc.24,383$3.37M0.51%+24,383New
Riverview Capital Advisers, LLC24,474$3.38M0.98%+70+0.3%Added
Gotham Asset Management, LLC24,482$3.38M0.01%+13,988+133.3%Added
Lazard Asset Management LLC24,488$3.38M0.00%+26+0.1%Added
Oppenheimer & Co Inc24,750$3.42M0.04%−5,233−17.5%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys25,198$3.48M0.02%−350−1.4%Reduced
Trail Ridge Investment Advisors, LLC25,408$3.51M1.57%+176+0.7%Added
NorthCrest Asset Manangement, LLC26,604$3.53M0.08%+504+1.9%Added
Dark Forest Capital Management LP25,841$3.57M0.13%−25,736−49.9%Reduced
Capital Management Corp26,110$3.61M0.57%00.0%Unchanged
ING Groep NV26,400$3.65M0.02%−22,500−46.0%Reduced
Shariaportfolio, Inc.26,590$3.67M1.41%−889−3.2%Reduced
HSBC Holdings PLC27,139$3.73M0.00%−73,124−72.9%Reduced
Moody Aldrich Partners LLC27,234$3.76M0.71%+13,175+93.7%Added
Louisiana State Employees Retirement System27,300$3.77M0.06%−700−2.5%Reduced
Beaconlight Capital, LLC27,562$3.81M1.88%+27,562New
State of New Jersey Common Pension Fund D27,736$3.83M0.01%−846−3.0%Reduced
Cinctive Capital Management LP27,761$3.83M0.19%+9,213+49.7%Added
Pacer Advisors, Inc.28,091$3.88M0.01%+17,813+173.3%Added
SEI Investments Co28,296$3.91M0.00%−10,260−26.6%Reduced
Old National Bancorp28,360$3.92M0.07%−2,519−8.2%Reduced
Long Run Wealth Advisors, LLC28,461$3.93M0.77%−4,861−14.6%Reduced
Arizona State Retirement System29,053$4.01M0.02%+34+0.1%Added
CBOE Vest Financial, LLC29,241$4.04M0.05%+6,122+26.5%Added
FJ Capital Management LLC29,258$4.04M0.43%+29,258New
Thrivent Financial for Lutherans29,623$4.09M0.01%−17,401−37.0%Reduced
Comerica Bank29,800$4.12M0.02%−14,526−32.8%Reduced
MML Investors Services, LLC29,952$4.14M0.01%−4,099−12.0%Reduced
Advisory Services Network, LLC30,000$4.14M0.06%+324+1.1%Added
F/M Investments LLC30,017$4.15M0.16%−479−1.6%Reduced
Regal Investment Advisors LLC30,238$4.18M0.27%−758−2.4%Reduced
Consolidated Capital Management, LLC30,820$4.26M1.51%−2,054−6.2%Reduced
Livforsakringsbolaget Skandia, Omsesidigt31,500$4.35M0.17%+900+2.9%Added
Highland Capital Management, LLC31,700$4.38M0.22%−410−1.3%Reduced
Mitchell Capital Management Co31,891$4.41M0.75%+16,606+108.6%Added
Teachers Retirement System of the State of Kentucky32,147$4.44M0.03%00.0%Unchanged
Twin Tree Management, LP32,379$4.47M0.21%+32,379New
Handelsbanken Fonder AB32,400$4.48M0.01%+6,600+25.6%Added
Yousif Capital Management, LLC32,559$4.50M0.05%−2,646−7.5%Reduced
Public Employees Retirement System of Ohio32,786$4.53M0.01%−1,628−4.7%Reduced
Gardner Lewis Asset Management L P33,007$4.56M1.20%−368−1.1%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)33,258$4.59M0.01%−8,409−20.2%Reduced
Annex Advisory Services, LLC33,831$4.67M0.10%−10,664−24.0%Reduced
Cetera Investment Advisers34,223$4.73M0.01%+2,203+6.9%Added
BLB&B Advisors, LLC34,310$4.74M0.20%−1,073−3.0%Reduced
Northstar Advisory Group, LLC34,786$4.81M1.96%+26,045+298.0%Added
Cambridge Investment Research Advisors, Inc.36,882$5.09M0.01%+5,132+16.2%Added
TCW Group Inc36,947$5.10M0.04%−39,274−51.5%Reduced
Capital International Inc37,249$5.15M0.04%+37,249New
Man Group plc37,291$5.15M0.01%−104,331−73.7%Reduced
Gamco Investors, Inc. Et Al38,400$5.30M0.05%+5,550+16.9%Added
Franklin Resources Inc38,545$5.32M0.00%−19,566−33.7%Reduced
Bank of Montreal38,820$5.36M0.00%+6,467+20.0%Added
O'Shaughnessy Asset Management, LLC39,124$5.40M0.03%+2,237+6.1%Added
Candriam Luxembourg S.C.A.39,138$5.41M0.03%+39,138New
Globeflex Capital L P39,268$5.42M0.84%−119,383−75.2%Reduced
State of Tennessee, Treasury Department40,463$5.59M0.02%−1,800−4.3%Reduced
SlateStone Wealth, LLC42,100$5.82M0.50%+502+1.2%Added
Mercer Global Advisors Inc43,317$5.98M0.01%+6,561+17.9%Added
Police & Firemen's Retirement System of New Jersey43,500$6.01M0.05%+5,988+16.0%Added
Treasurer of the State of North Carolina43,916$6.07M0.02%−2,292−5.0%Reduced
HighTower Advisors, LLC44,251$6.11M0.01%+11,624+35.6%Added
Neuberger Berman Group LLC44,277$6.12M0.00%+1,294+3.0%Added
Amalgamated Bank44,726$6.18M0.04%−671−1.5%Reduced
Strategic Wealth Partners, Ltd.46,093$6.37M0.48%+46,093New
Advisor Group Holdings, Inc.46,033$6.38M0.01%+291+0.6%Added
Mariner, LLC46,263$6.39M0.01%+7,680+19.9%Added
Burney Co46,984$6.49M0.21%−4,310−8.4%Reduced
Hancock Whitney Corp49,114$6.78M0.12%+44,121+883.7%Added
Mutual of America Capital Management LLC49,813$6.88M0.07%−4,108−7.6%Reduced
Shellback Capital, LP50,000$6.91M0.44%00.0%Unchanged
Intech Investment Management LLC50,030$6.91M0.06%+1,622+3.4%Added
Alps Advisors Inc50,156$6.93M0.04%+50,156New
Horizon Investments, LLC50,545$6.97M0.09%+35,150+228.3%Added
Glenmede Investment Management, LP53,170$7.34M0.04%−2,544−4.6%Reduced
Leuthold Group, LLC54,057$7.47M0.82%−82−0.2%Reduced
Castleark Management LLC54,233$7.49M0.21%+26,803+97.7%Added
IMC-Chicago, LLC55,020$7.60M0.13%+55,020New
Universal- Beteiligungs- und Servicegesellschaft mbH57,026$7.88M0.01%+3,460+6.5%Added
Commonwealth Equity Services, LLC57,829$7.99M0.01%−707−1.2%Reduced
Baypointe Partners LLC58,334$8.06M3.68%+43,334+288.9%Added
Unisphere Establishment59,000$8.15M0.06%00.0%Unchanged
Brandywine Global Investment Management, LLC59,211$8.18M0.06%−112,165−65.4%Reduced
Envestnet Asset Management Inc59,873$8.27M0.00%+7,939+15.3%Added
Walleye Trading LLC61,921$8.55M0.14%+59,161+2,143.5%Added
Schroder Investment Management Group64,523$8.92M0.01%+64,523New
Winton Group Ltd65,100$8.99M0.34%+57,600+768.0%Added
Los Angeles Capital Management LLC66,130$9.14M0.03%+66,130New
Natixis Advisors, L.P.66,288$9.16M0.01%+5,679+9.4%Added
Russell Investments Group, Ltd.66,459$9.18M0.01%+4,985+8.1%Added
CWM, LLC66,595$9.20M0.03%+7,363+12.4%Added
SG Americas Securities, LLC67,348$9.30M0.03%+56,224+505.4%Added
Trexquant Investment LP67,710$9.35M0.10%+67,710New
New York State Common Retirement Fund68,341$9.44M0.01%+8,908+15.0%Added
Cobalt Capital Management, Inc.70,000$9.67M4.44%+25,000+55.6%Added