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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
BlackRock, Inc.26,900,052$955.2M0.02%+422,671+1.6%Added
FMR LLC29,805,019$1.06B0.05%+2,455,840+9.0%Added
Vanguard Group Inc44,692,350$1.59B0.02%−71,807−0.2%Reduced
Capital International Investors45,391,459$1.61B0.25%−3,036,601−6.3%Reduced
Technology Crossover Management X, Ltd.0$00.00%−625,000−100.0%Sold out
ICONIQ Capital, LLC0$00.00%−619,524−100.0%Sold out
Twinbeech Capital LP0$00.00%−518,265−100.0%Sold out
J. Goldman & Co LP0$00.00%−431,323−100.0%Sold out
Ossiam0$00.00%−365,219−100.0%Sold out
Jupiter Asset Management Ltd0$00.00%−338,917−100.0%Sold out
Ilex Capital Partners (UK) LLP0$00.00%−315,335−100.0%Sold out
Capitolis Liquid Global Markets LLC0$00.00%−285,000−100.0%Sold out
Cookson Peirce & Co Inc0$00.00%−271,598−100.0%Sold out
M&G Plc0$00.00%−258,872−100.0%Sold out
Jag Capital Management, LLC0$00.00%−207,510−100.0%Sold out
Susquehanna Fundamental Investments, LLC0$00.00%−159,499−100.0%Sold out
Empowered Funds, LLC0$00.00%−134,781−100.0%Sold out
Agf Management Ltd0$00.00%−111,060−100.0%Sold out
Triasima Portfolio Management inc.0$00.00%−86,727−100.0%Sold out
Oppenheimer & Co Inc0$00.00%−58,461−100.0%Sold out
Ceera Investments, LLC0$00.00%−55,000−100.0%Sold out
Generali Asset Management SPA SGR0$00.00%−51,473−100.0%Sold out
Fiduciary Alliance LLC0$00.00%−47,533−100.0%Sold out
Frontier Capital Management Co LLC0$00.00%−34,227−100.0%Sold out
iA Global Asset Management Inc.0$00.00%−34,092−100.0%Sold out
Bridgeway Capital Management, LLC0$00.00%−33,200−100.0%Sold out
Oxford Asset Management LLP0$00.00%−33,018−100.0%Sold out
AG2R la Mondiale Gestion D'Actifs0$00.00%−22,350−100.0%Sold out
Ridgecrest Wealth Partners, LLC0$00.00%−25,030−100.0%Sold out
Caption Management, LLC0$00.00%−24,000−100.0%Sold out
Integrated Wealth Concepts LLC0$00.00%−22,875−100.0%Sold out
Encompass More Asset Management0$00.00%−21,884−100.0%Sold out
Steel Peak Wealth Management LLC0$00.00%−20,270−100.0%Sold out
Oak Harvest Investment Services0$00.00%−20,000−100.0%Sold out
Virtu Financial LLC0$00.00%−19,926−100.0%Sold out
Sherbrooke Park Advisers LLC0$00.00%−18,121−100.0%Sold out
Independent Advisor Alliance0$00.00%−18,116−100.0%Sold out
Marex Group plc0$00.00%−15,204−100.0%Sold out
Unique Wealth Strategies, LLC0$00.00%−14,528−100.0%Sold out
DC Investments Management, LLC0$00.00%−12,902−100.0%Sold out
Seven Mile Advisory0$00.00%−12,689−100.0%Sold out
Limestone Investment Advisors LP0$00.00%−12,264−100.0%Sold out
Hudson Bay Capital Management LP0$00.00%−10,937−100.0%Sold out
Weiss Asset Management LP0$00.00%−10,434−100.0%Sold out
GFS Advisors, LLC0$00.00%−10,000−100.0%Sold out
PharVision Advisers, LLC0$00.00%−9,833−100.0%Sold out
PFG Investments, LLC0$00.00%−9,793−100.0%Sold out
Moran Wealth Management, LLC0$00.00%−7,142−100.0%Sold out
Wallace Capital Management Inc.0$00.00%−7,092−100.0%Sold out
Gerber Kawasaki Wealth & Investment Management0$00.00%−6,795−100.0%Sold out
SMART Wealth LLC0$00.00%−6,516−100.0%Sold out
Legacy Wealth Asset Management, LLC0$00.00%−6,308−100.0%Sold out
Scientech Research LLC0$00.00%−6,100−100.0%Sold out
Aster Capital Management (DIFC) Ltd0$00.00%−6,068−100.0%Sold out
Foundations Investment Advisors, LLC0$00.00%−5,953−100.0%Sold out
Westover Capital Advisors, LLC0$00.00%−5,750−100.0%Sold out
Catalytic Wealth RIA, LLC0$00.00%−5,603−100.0%Sold out
Coldstream Capital Management Inc0$00.00%−5,565−100.0%Sold out
Baird Financial Group, Inc.0$00.00%−5,536−100.0%Sold out
Icon Wealth Advisors, LLC0$00.00%−2,935−100.0%Sold out
Ofi Invest Asset Management0$00.00%−2,956−100.0%Sold out
Heritage Wealth Advisors0$00.00%−2,200−100.0%Sold out
Ci Investments Inc.0$00.00%−1,693−100.0%Sold out
Alpine Bank Wealth Management0$00.00%−814−100.0%Sold out
Smithfield Trust Co0$00.00%−497−100.0%Sold out
SOA Wealth Advisors, LLC.0$00.00%−450−100.0%Sold out
Van Eck Associates Corp0$00.00%−355−100.0%Sold out
Activest Wealth Management0$00.00%−326−100.0%Sold out
Painted Porch Advisors LLC0$00.00%−301−100.0%Sold out
Tortoise Investment Management, LLC0$00.00%−276−100.0%Sold out
Crowley Wealth Management, Inc.0$00.00%−250−100.0%Sold out
Heartwood Wealth Advisors LLC0$00.00%−225−100.0%Sold out
Atlantic Edge Private Wealth Management, LLC0$00.00%−175−100.0%Sold out
Hollencrest Capital Management0$00.00%−170−100.0%Sold out
JPL Wealth Management, LLC0$00.00%−127−100.0%Sold out
Stone House Investment Management, LLC0$00.00%−66−100.0%Sold out
Cloud Capital Management, LLC0$00.00%−60−100.0%Sold out
Breakwater Investment Management0$00.00%−11−100.0%Sold out
Essential Partners LLC0$00.00%−4−100.0%Sold out
Palisade Asset Management, LLC0$00.00%−2−100.0%Sold out
Thematics Asset Management––––Not filed
Pinebridge Investments, L.P.––––Not filed
Wolverine Trading, LLC––––Not filed
HAP Trading, LLC––––Not filed
CIBC Bancorp USA Inc.––––Not filed
AXA Investment Managers S.A.––––Not filed
Aware Super Pty Ltd as trustee of Aware Super––––Not filed
1858 Wealth Management, LLC––––Not filed
Glenmede Investment Management, LP––––Not filed
Shell Asset Management Co––––Not filed
Hemington Wealth Management––––Not filed
Binnacle Investments Inc––––Not filed
Guerra Advisors Inc––––Not filed