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Toast, Inc.

TOST
Exchange
NYSE
Industry
Services-Computer Processing & Data Preparation
SEC CIK
0001650164

In the last 90 days, Toast, Inc. insiders filed 0 open-market purchases and 18 sales; 774 institutions reported holding it in 13F filings for Q2 2026, worth $13.3B in total; superinvestors ValueAct Capital and ARK Invest hold it.

13F holders, Q4 2025

Institutional positions in Toast, 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
804
+77 vs. Q3 2025
Shares held
447.5M
+8.50M (+1.9%) vs. Q3 2025
Total value
$15.9B
−$137.2M (−0.9%) vs. Q3 2025
New holders
153
292 more added
Sold out
76
249 more reduced

13 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 TOST 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: 804 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 121 institutionsQ4 2021: 161 institutionsQ1 2022: 183 institutionsQ2 2022: 239 institutionsQ3 2022: 285 institutionsQ4 2022: 345 institutionsQ1 2023: 365 institutionsQ2 2023: 395 institutionsQ3 2023: 416 institutionsQ4 2023: 441 institutionsQ1 2024: 473 institutionsQ2 2024: 505 institutionsQ3 2024: 519 institutionsQ4 2024: 631 institutionsQ1 2025: 658 institutionsQ2 2025: 750 institutionsQ3 2025: 740 institutionsQ4 2025: 804 institutionsQ1 2026: 761 institutionsQ2 2026: 774 institutions
Value heldQ4 2025: $15.9B
Q1 2021: $0Q2 2021: $0Q3 2021: $2.37BQ4 2021: $4.80BQ1 2022: $3.63BQ2 2022: $3.05BQ3 2022: $4.47BQ4 2022: $5.41BQ1 2023: $5.44BQ2 2023: $7.40BQ3 2023: $6.50BQ4 2023: $6.35BQ1 2024: $9.06BQ2 2024: $9.92BQ3 2024: $11.6BQ4 2024: $15.2BQ1 2025: $14.1BQ2 2025: $19.6BQ3 2025: $16.0BQ4 2025: $15.9BQ1 2026: $11.9BQ2 2026: $13.3B
Institutions holding TOST and their total value by quarter
QuarterHoldersValue
Q2 2026774$13.3B
Q1 2026761$11.9B
Q4 2025804$15.9B
Q3 2025740$16.0B
Q2 2025750$19.6B
Q1 2025658$14.1B
Q4 2024631$15.2B
Q3 2024519$11.6B
Q2 2024505$9.92B
Q1 2024473$9.06B
Q4 2023441$6.35B
Q3 2023416$6.50B
Q2 2023395$7.40B
Q1 2023365$5.44B
Q4 2022345$5.41B
Q3 2022285$4.47B
Q2 2022239$3.05B
Q1 2022183$3.63B
Q4 2021161$4.80B
Q3 2021121$2.37B
Q2 20210$0
Q1 20210$0

Institutions, Q4 2025

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

Institutions holding TOST in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Polianta Ltd42,600$1.51M0.20%+42,600New
Greenwood Gearhart Inc42,740$1.52M0.08%00.0%Unchanged
Roundview Capital LLC42,995$1.53M0.09%−750−1.7%Reduced
Kestra Private Wealth Services, LLC43,177$1.53M0.02%−8,353−16.2%Reduced
State of Wyoming43,435$1.54M0.17%+23,047+113.0%Added
Brinker Capital Investments, LLC43,671$1.55M0.01%−5,431−11.1%Reduced
Wiley Bros.-Aintree Capital, LLC43,902$1.56M0.01%+13,827+46.0%Added
Swedbank AB44,997$1.60M0.00%00.0%Unchanged
WoodTrust Financial Corp45,550$1.62M0.19%+550+1.2%Added
Bank of Montreal46,327$1.65M0.00%−84,828−64.7%Reduced
Callan Family Office, LLC46,476$1.65M0.04%+22,628+94.9%Added
Fiduciary Financial Group, LLC46,784$1.66M0.23%+46,784New
Kampmann Melissa S.50,410$1.67M1.24%+900+1.8%Added
TBH Global Asset Management, LLC47,107$1.67M0.29%00.0%Unchanged
D.A. Davidson & Co.47,211$1.68M0.01%+11,028+30.5%Added
Chapman Financial Group, LLC47,795$1.70M1.16%−675−1.4%Reduced
Nano Cap New Millennium Growth Fund L P48,500$1.72M1.47%+48,500New
Klein Pavlis & Peasley Financial, Inc.48,990$1.74M1.03%+28,240+136.1%Added
Sumitomo Mitsui DS Asset Management Company, Ltd49,993$1.78M0.01%+60+0.1%Added
Magnetar Financial LLC50,985$1.81M0.02%+50,985New
Swiss Life Asset Management Ltd50,991$1.81M0.01%−156,203−75.4%Reduced
M&T Bank Corp52,270$1.86M0.01%+10,114+24.0%Added
Brevan Howard Capital Management LP53,189$1.89M0.04%−60,474−53.2%Reduced
Yarbrough Capital, LLC53,796$1.91M0.06%00.0%Unchanged
Brown Advisory Inc54,173$1.92M0.00%+5,514+11.3%Added
Lavelle Capital LP55,000$1.95M1.24%+55,000New
QRG Capital Management, Inc.55,537$1.97M0.02%−8,088−12.7%Reduced
WCM Investment Management, LLC54,367$1.97M0.00%+19,544+56.1%Added
Cary Street Partners Financial LLC56,140$1.99M0.05%−1,862−3.2%Reduced
Capstone Investment Advisors, LLC56,212$2.00M0.02%+40,130+249.5%Added
Assetmark, Inc57,058$2.03M0.00%−138,077−70.8%Reduced
Truist Financial Corp57,486$2.04M0.00%−9,364−14.0%Reduced
Nissay Asset Management Corp58,634$2.08M0.01%+1,359+2.4%Added
Mirador Capital Partners LP59,122$2.10M0.29%+3,771+6.8%Added
Lecap Asset Management Ltd59,123$2.10M0.84%+39,847+206.7%Added
Flight Deck Capital, LP59,162$2.10M1.79%00.0%Unchanged
Firsthand Capital Management, Inc.60,000$2.13M3.96%00.0%Unchanged
Capelight Capital Asset Management LP60,000$2.13M2.11%+60,000New
Gsa Capital Partners LLP60,259$2.14M0.18%−4,282−6.6%Reduced
Taylor Frigon Capital Management LLC62,031$2.20M1.11%+6,951+12.6%Added
US Bancorp62,503$2.22M0.00%+4,575+7.9%Added
Beaumont Financial Advisors, LLC65,000$2.31M0.15%00.0%Unchanged
RSM US Wealth Management LLC63,661$2.31M0.03%+1,307+2.1%Added
Citadel Advisors LLC65,429$2.32M0.00%−264,934−80.2%Reduced
Fifth Third Wealth Advisors LLC67,551$2.40M0.08%+80.0%Added
Moody National Bank Trust Division68,522$2.43M0.23%−14,150−17.1%Reduced
Creative Planning68,659$2.44M0.00%−383,372−84.8%Reduced
Vident Advisory, LLC68,679$2.44M0.02%+8,975+15.0%Added
Nia Impact Advisors, LLC69,134$2.45M0.82%−1,062−1.5%Reduced
Summit Financial, LLC69,314$2.46M0.04%+626+0.9%Added
Police & Firemen's Retirement System of New Jersey69,888$2.48M0.02%−2,892−4.0%Reduced
Generali Investments Towarzystwo Funduszy Inwestycyjnych73,000$2.59M1.26%+34,000+87.2%Added
Toronto Dominion Bank73,792$2.62M0.00%+547+0.7%Added
Pathstone Holdings, LLC74,255$2.64M0.01%+990+1.4%Added
Pinebridge Investments LLC74,962$2.66M0.02%+74,962New
Northeast Investment Management76,426$2.71M0.11%−5,463−6.7%Reduced
Eurizon Capital SGR S.p.A.77,564$2.76M0.01%+77,564New
Xcel Wealth Management, LLC77,796$2.76M0.71%−1,800−2.3%Reduced
Hantz Financial Services, Inc.77,949$2.77M0.04%−19,464−20.0%Reduced
Elo Mutual Pension Insurance Co78,994$2.81M0.04%+6,326+8.7%Added
British Columbia Investment Management Corp81,306$2.89M0.02%+16,897+26.2%Added
Investment Management Corp of Ontario84,877$3.01M0.04%−48,575−36.4%Reduced
IFM Investors Pty Ltd85,176$3.02M0.03%+1,373+1.6%Added
Private Advisor Group, LLC86,854$3.08M0.01%+66,415+324.9%Added
Daiwa Securities Group Inc.87,026$3.09M0.01%−56,800−39.5%Reduced
Skandinaviska Enskilda Banken AB (publ)87,455$3.11M0.01%−21,179−19.5%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH87,288$3.11M0.01%−3,581−3.9%Reduced
PensionDanmark Pensionsforsikringsaktieselskab88,180$3.13M0.03%+88,180New
XTX Topco Ltd88,279$3.13M0.08%+67,042+315.7%Added
DnB Asset Management AS92,161$3.27M0.01%+8,443+10.1%Added
Catalyst Funds Management Pty Ltd95,700$3.40M0.79%00.0%Unchanged
La Banque Postale Asset Management SA96,365$3.42M0.04%−4,267−4.2%Reduced
Edgestream Partners, L.P.100,508$3.57M0.10%+80,522+402.9%Added
IMC-Chicago, LLC100,633$3.57M0.06%+21,284+26.8%Added
Neo Ivy Capital Management101,245$3.60M0.57%+10,683+11.8%Added
Xponance, Inc.101,925$3.62M0.03%+5,097+5.3%Added
Colony Group, LLC101,930$3.62M0.00%−419−0.4%Reduced
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund104,400$3.71M0.03%+1,000+1.0%Added
Osmosis Investment Management UK Ltd104,835$3.72M0.09%+104,835New
Quantbot Technologies LP106,077$3.77M0.13%+26,895+34.0%Added
Quent Capital, LLC107,492$3.82M0.28%+106,750+14,386.8%Added
Verition Fund Management LLC110,200$3.91M0.02%−3,916−3.4%Reduced
Arkfeld Wealth Strategies, L.L.C.106,914$3.92M1.35%−200.0%Reduced
Cetera Investment Advisers111,156$3.95M0.00%+1,574+1.4%Added
Point72 Asset Management, L.P.112,900$4.01M0.01%+112,900New
HRT Financial LP116,008$4.12M0.01%+116,008New
Oppenheimer Asset Management Inc.120,417$4.28M0.05%+6,025+5.3%Added
Globeflex Capital L P123,446$4.38M0.67%−23,347−15.9%Reduced
Kessler Investment Group, LLC125,204$4.45M1.87%−8,256−6.2%Reduced
Arizona State Retirement System126,301$4.48M0.02%−5,977−4.5%Reduced
Capital Group Private Client Services, Inc.126,656$4.50M0.07%−2,207−1.7%Reduced
Intech Investment Management LLC126,842$4.50M0.04%−54,158−29.9%Reduced
Wisconsin Capital Management LLC129,246$4.59M2.32%+1,403+1.1%Added
Quantinno Capital Management LP131,551$4.67M0.01%+41,157+45.5%Added
Handelsbanken Fonder AB135,300$4.80M0.01%+13,900+11.4%Added
Nomura Asset Management Co Ltd135,800$4.82M0.01%00.0%Unchanged
Lansforsakringar Fondforvaltning AB (publ)135,962$4.83M0.02%+1,697+1.3%Added
Resona Asset Management Co.,Ltd.136,296$4.86M0.02%−2,702−1.9%Reduced
Public Employees Retirement System of Ohio140,190$4.98M0.02%−1,628−1.1%Reduced
Commonwealth Equity Services, LLC146,667$5.21M0.01%−22,126−13.1%Reduced