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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, Q4 2025

Institutional positions in Toll Brothers, Inc. as of Dec 31, 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
736
+24 vs. Q3 2025
Shares held
85.3M
+862.2K (+1.0%) vs. Q3 2025
Total value
$11.5B
−$142.7M (−1.2%) vs. Q3 2025
New holders
110
234 more added
Sold out
86
269 more reduced

9 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 736 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 heldQ4 2025: $11.5B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Toll Brothers, Inc.; share changes are against Q3 2025.

Institutions holding TOL in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.10,071,654$1.36B0.02%−976,725−8.8%Reduced
Vanguard Group Inc9,176,872$1.24B0.02%−295,672−3.1%Reduced
Greenhaven Associates IncSuperinvestorGreenhaven Associates5,603,187$757.7M12.28%+22,218+0.4%Added
Capital World Investors5,196,302$702.6M0.10%+8,629+0.2%Added
State Street Corp3,370,846$455.8M0.02%−92,288−2.7%Reduced
FMR LLC3,312,902$448.0M0.02%−380,264−10.3%Reduced
Price T Rowe Associates Inc3,303,915$446.8M0.05%+3,151,509+2,067.8%Added
Dimensional Fund Advisors LP2,889,729$390.8M0.08%−11,286−0.4%Reduced
Geode Capital Management, LLC2,307,242$312.0M0.02%+4100.0%Added
AQR Capital Management LLC2,200,986$297.6M0.16%−282,353−11.4%Reduced
Norges Bank1,244,726$168.3M0.02%+1,244,726New
Bamco Inc1,166,270$157.7M0.43%+9,385+0.8%Added
Goldman Sachs Group Inc1,131,596$153.0M0.02%−197,922−14.9%Reduced
Morgan Stanley1,105,793$149.5M0.01%+35,719+3.3%Added
Victory Capital Management Inc1,105,754$149.5M0.08%+188,570+20.6%Added
Jennison Associates LLC1,090,590$147.5M0.09%+372,976+52.0%Added
Citadel Advisors LLC1,054,554$142.6M0.10%+946,520+876.1%Added
Bank of New York Mellon Corp1,034,687$139.9M0.02%+14,437+1.4%Added
Holocene Advisors, LP998,363$135.0M0.28%−1,225,926−55.1%Reduced
Northern Trust Corp859,720$116.3M0.01%−35,025−3.9%Reduced
LSV Asset Management853,542$115.4M0.25%−40,747−4.6%Reduced
Bank of America Corp759,080$102.6M0.01%+21,844+3.0%Added
Charles Schwab Investment Management Inc704,024$95.2M0.01%+4,750+0.7%Added
Voloridge Investment Management, LLC678,838$91.8M0.32%+54,969+8.8%Added
Balyasny Asset Management LLC626,950$84.8M0.16%+283,962+82.8%Added
Two Sigma Investments, LP611,083$82.6M0.12%+320,709+110.4%Added
First Trust Advisors LP603,053$81.5M0.06%+14,115+2.4%Added
Raymond James Financial Inc549,688$74.4M0.02%+66,042+13.7%Added
Millennium Management LLC513,522$69.4M0.05%+57,245+12.5%Added
Janus Henderson Group PLC466,735$63.1M0.03%+39,913+9.4%Added
Walleye Capital LLC444,679$60.1M0.34%+75,173+20.3%Added
Adage Capital Partners GP, L.L.C.424,000$57.3M0.09%−134,000−24.0%Reduced
Two Sigma Advisers, LP406,000$54.9M0.11%+160,100+65.1%Added
Junto Capital Management LP403,329$54.5M1.22%+403,329New
UBS Group AG388,409$52.5M0.01%−174,626−31.0%Reduced
Wells Fargo & Company364,392$49.3M0.01%−1,132−0.3%Reduced
Wealth Enhancement Advisory Services, LLC343,048$46.7M0.06%−1,004−0.3%Reduced
Anchor Capital Advisors LLC340,074$46.0M1.33%−18,983−5.3%Reduced
Basswood Capital Management, L.L.C.327,715$44.3M1.96%+2,919+0.9%Added
Barclays PLC311,341$42.1M0.02%−52,715−14.5%Reduced
Bridgewater Associates, LP310,287$42.0M0.15%−84,134−21.3%Reduced
Marshall Wace, LLP277,128$37.5M0.04%+32,371+13.2%Added
Pictet Asset Management Holding SA274,961$37.2M0.04%−156,078−36.2%Reduced
Invesco Ltd.270,713$36.6M0.00%+14,180+5.5%Added
Rhumbline Advisers267,547$36.2M0.03%−1,296−0.5%Reduced
Vaughan Nelson Investment Management, L.P.262,391$35.5M0.35%−5,610−2.1%Reduced
JPMorgan Chase & Co252,078$34.1M0.00%−323,756−56.2%Reduced
UBS Asset Management Americas Inc242,413$32.8M0.01%−14,192−5.5%Reduced
Royal Bank of Canada240,377$32.5M0.01%+63,771+36.1%Added
Retirement Systems of Alabama227,774$30.8M0.10%−3,032−1.3%Reduced
Toronto Dominion Bank226,000$30.6M0.05%+226,000New
MUFG Securities EMEA plc226,000$30.6M0.36%+226,000New
Principal Financial Group Inc207,279$28.0M0.01%−10,757−4.9%Reduced
Allianz Asset Management GmbH206,149$27.9M0.03%−20,762−9.1%Reduced
Deroy & Devereaux Private Investment Counsel Inc200,540$27.1M1.32%−3,215−1.6%Reduced
Qube Research & Technologies Ltd197,701$26.7M0.04%−338,626−63.1%Reduced
Quantinno Capital Management LP192,654$26.1M0.05%+105,970+122.2%Added
SG Americas Securities, LLC190,498$25.8M0.03%+123,150+182.9%Added
Swiss National Bank190,000$25.7M0.02%−300−0.2%Reduced
Cookson Peirce & Co Inc187,399$25.3M1.05%−6,844−3.5%Reduced
California Public Employees Retirement System182,888$24.7M0.01%+11,664+6.8%Added
Assetmark, Inc180,263$24.4M0.05%−8,554−4.5%Reduced
Nuveen, LLC180,019$24.3M0.01%−606,845−77.1%Reduced
Ieq Capital, LLC174,918$23.7M0.07%−12,401−6.6%Reduced
Ameriprise Financial Inc167,702$22.7M0.01%+18,752+12.6%Added
Bank of Nova Scotia167,147$22.6M0.03%+149,477+845.9%Added
Cerity Partners LLC166,926$22.6M0.03%+76,253+84.1%Added
Prana Capital Management, LP164,841$22.3M0.81%+9,303+6.0%Added
American Century Companies Inc162,113$21.9M0.01%−45,694−22.0%Reduced
BNP Paribas Arbitrage, SA157,799$21.3M0.01%−27,356−14.8%Reduced
Legal & General Group Plc156,738$21.2M0.00%−40,957−20.7%Reduced
Point72 Asset Management, L.P.152,288$20.6M0.03%+152,288New
Rafferty Asset Management, LLC152,137$20.6M0.07%+2,259+1.5%Added
Massachusetts Financial Services Co151,406$20.5M0.01%−25,699−14.5%Reduced
Woodline Partners LP150,471$20.3M0.08%−167,703−52.7%Reduced
Citigroup Inc147,147$19.9M0.01%+15,994+12.2%Added
Interval Partners, LP137,025$18.5M0.43%+137,025New
Gateway Investment Advisers LLC127,385$17.2M0.16%+695+0.5%Added
Nomura Asset Management International Inc.126,447$17.1M0.03%+126,447New
Alliancebernstein L.P.124,936$16.9M0.01%−4,622−3.6%Reduced
New York State Teachers Retirement System119,320$16.1M0.03%−2,808−2.3%Reduced
State of Wisconsin Investment Board118,323$16.0M0.04%−781−0.7%Reduced
Caisse de Depot Et Placement du Quebec113,805$15.4M0.03%+6,405+6.0%Added
Connor, Clark & Lunn Investment Management Ltd.113,539$15.4M0.04%+113,539New
Milford Funds Ltd109,663$14.8M0.29%+109,663New
Allspring Global Investments Holdings, LLC108,379$14.7M0.02%+21,907+25.3%Added
Distillate Capital Partners LLC108,485$14.7M0.76%−1,388−1.3%Reduced
Davis R M Inc107,432$14.5M0.25%−11,115−9.4%Reduced
Amundi106,953$14.5M0.00%−10,967−9.3%Reduced
Agf Management Ltd106,063$14.3M0.06%−3,208−2.9%Reduced
SummitTX Capital, L.P.105,888$14.3M0.43%−49,834−32.0%Reduced
National Bank of Canada103,224$14.0M0.01%−2,074−2.0%Reduced
Riverstone Advisors, LLC97,247$13.1M6.20%−2,076−2.1%Reduced
LPL Financial LLC97,030$13.1M0.00%+7,378+8.2%Added
Verition Fund Management LLC96,220$13.0M0.07%−7,393−7.1%Reduced
Lyell Wealth Management, LP95,644$12.9M0.94%+4,147+4.5%Added
De Lisle Partners LLP95,000$12.8M1.65%00.0%Unchanged
GDS Wealth Management92,777$12.5M0.78%+5,416+6.2%Added
California State Teachers Retirement System91,386$12.4M0.01%−4,054−4.2%Reduced
Strategic Wealth Partners, Ltd.87,828$11.9M0.81%+41,735+90.5%Added