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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
Rakuten Investment Management, Inc.19,444$709.9K0.00%−6,021−23.6%Reduced
Illinois Municipal Retirement Fund19,794$702.9K0.01%−24,188−55.0%Reduced
Wellington Shields & Co., LLC19,700$699.5K0.17%+19,700New
Wellington Shields Capital Management, LLC19,400$688.9K0.10%+19,400New
Ethic Inc.19,338$686.7K0.01%−3,844−16.6%Reduced
Lazard Asset Management LLC18,589$660.1K0.00%+10,852+140.3%Added
Intrepid Capital Management Inc17,843$633.6K0.25%+1,200+7.2%Added
Capital Investment Counsel, Inc17,800$632.1K0.07%−1,000−5.3%Reduced
Keystone Financial Group17,680$627.8K0.05%+17,680New
Brookwood Investment Group LLC17,614$625.5K0.08%+17,614New
Trevian Wealth Management LLC17,477$620.6K0.29%00.0%Unchanged
E. Ohman J:or Asset Management AB17,400$617.9K0.01%00.0%Unchanged
Lighthouse Financial Services Inc16,853$598.5K0.14%+16,853New
IHT Wealth Management, LLC16,753$593.5K0.01%−1,289−7.1%Reduced
Enhancing Capital LLC16,575$588.6K0.42%+16,575New
Wellington Management Group LLP16,453$584.2K0.00%−181,912−91.7%Reduced
Pier 88 Investment Partners LLC16,430$583.4K0.13%+3,120+23.4%Added
American Capital Advisory, LLC16,335$580.1K0.25%−279−1.7%Reduced
Lombard Odier Asset Management (Switzerland) SA16,266$577.6K0.02%00.0%Unchanged
Annis Gardner Whiting Capital Advisors, LLC16,260$577.4K0.11%00.0%Unchanged
Range Advisory, LLC16,219$575.9K0.15%+16,219New
GAM Holding AG16,131$572.8K0.04%−3,332−17.1%Reduced
CIBC World Markets Corp15,927$565.6K0.00%+15,927New
North Dakota State Investment Board15,914$565.1K0.02%+15,914New
Pinnacle Associates Ltd15,896$564.5K0.01%+200+1.3%Added
EP Wealth Advisors, LLC15,862$563.2K0.00%+15,862New
Cravens & Co Advisors, LLC15,991$556.5K0.36%−1,027−6.0%Reduced
The PNC Financial Services Group, Inc.15,364$545.6K0.00%−1,328−8.0%Reduced
Triumph Capital Management15,296$543.2K0.12%+777+5.4%Added
Ostrum Asset Management15,235$541.0K0.03%−25,706−62.8%Reduced
Credit Agricole S A15,114$536.7K0.00%−2,154−12.5%Reduced
Teacher Retirement System of Texas15,095$536.0K0.00%−43,588−74.3%Reduced
Cannon Global Investment Management, LLC15,000$532.6K1.41%+15,000New
Keel Point, LLC14,601$518.5K0.03%+1,070+7.9%Added
Lewis Asset Management, LLC14,563$517.1K0.21%−1,090−7.0%Reduced
Steward Partners Investment Advisory, LLC14,518$515.5K0.00%−639−4.2%Reduced
Headlands Technologies LLC14,425$512.2K0.04%+14,425New
Investment Management Corp14,342$509.3K0.43%+150+1.1%Added
Omers Administration Corp14,228$505.2K0.00%−42,447−74.9%Reduced
Prosperity Wealth Management, Inc.14,200$504.2K0.17%+2,200+18.3%Added
Sequoia Financial Advisors, LLC14,200$504.2K0.00%+8,149+134.7%Added
Snowden Capital Advisors LLC14,178$503.5K0.01%−6,303−30.8%Reduced
Counterpoint Mutual Funds LLC14,085$500.2K0.04%+14,085New
Union Bancaire Privee, UBP SA13,652$498.4K0.01%+2,835+26.2%Added
Wynn Capital, LLC13,755$488.4K0.24%+280+2.1%Added
Versor Investments LP13,600$482.9K0.08%−11,300−45.4%Reduced
Carlson Financial, Inc.13,591$482.6K0.28%+13,591New
Bayforest Capital Ltd13,510$479.7K0.36%−1,130−7.7%Reduced
Altfest L J & Co Inc13,439$477.2K0.05%+13,439New
Quest Partners LLC13,279$471.5K0.03%+7,397+125.8%Added
Atomi Financial Group, Inc.13,117$465.8K0.01%−1,260−8.8%Reduced
Everence Capital Management Inc13,080$464.0K0.03%00.0%Unchanged
Catalyst Capital Advisors LLC13,000$461.6K0.01%+13,000New
Keybank National Association12,894$457.9K0.00%−151−1.2%Reduced
Prudential Financial Inc12,795$454.4K0.00%−13,685−51.7%Reduced
Bradley Foster & Sargent Inc12,760$453.1K0.01%−3,350−20.8%Reduced
Clearstead Advisors, LLC12,731$452.1K0.01%−2,668−17.3%Reduced
Trinity Financial Advisors LLC12,726$451.9K0.13%+632+5.2%Added
Knollwood Investment Advisory, LLC12,609$447.7K0.04%00.0%Unchanged
B. Metzler seel. Sohn & Co. AG12,528$444.9K0.00%+653+5.5%Added
Cumberland Partners Ltd12,500$443.9K0.03%+12,500New
Cascade Investment Group, Inc.12,482$443.2K0.30%+828+7.1%Added
Qtron Investments LLC12,273$435.8K0.06%00.0%Unchanged
Bridgewater Advisors Inc.12,979$425.7K0.03%−128−1.0%Reduced
Wealthspire Advisors, LLC11,985$425.6K0.00%+4,061+51.2%Added
EntryPoint Capital, LLC11,932$423.7K0.17%+11,932New
Kentucky Retirement Systems Insurance Trust Fund11,888$422.1K0.03%00.0%Unchanged
Ar Asset Management Inc11,800$419.0K0.09%00.0%Unchanged
Bluebird Wealth Management LLC11,440$406.2K0.38%+11,440New
AssuredPartners Investment Advisors, LLC11,344$402.8K0.06%−829−6.8%Reduced
Independent Financial Group, LLC11,247$399.4K0.01%+3,103+38.1%Added
Concurrent Investment Advisors, LLC11,244$399.3K0.00%+11,244New
CWM, LLC11,093$394.0K0.00%+110+1.0%Added
Chicago Partners Investment Group LLC11,598$392.0K0.01%−652−5.3%Reduced
HB Wealth Management, LLC10,966$389.4K0.00%+2,874+35.5%Added
Exchange Traded Concepts, LLC10,932$388.2K0.00%+399+3.8%Added
Tortuga Wealth Management, Inc10,650$378.2K0.40%+10,650New
J. Safra Sarasin Holding AG10,628$377.4K0.01%−69,802−86.8%Reduced
Staley Capital Advisers Inc10,600$376.4K0.02%00.0%Unchanged
Leonteq Securities AG10,543$374.4K0.02%−7,126−40.3%Reduced
Trust Point Inc.10,471$371.8K0.03%−209−2.0%Reduced
Blossom Wealth Management10,400$369.3K0.61%+10,400New
Arista Wealth Management, LLC10,331$366.9K0.05%+10,331New
Benjamin Edwards Inc10,283$365.1K0.00%+3,349+48.3%Added
Graham Capital Management, L.P.10,279$365.0K0.01%−6,412−38.4%Reduced
Carnegie Capital Asset Management, LLC10,200$362.2K0.01%−220,280−95.6%Reduced
LVW Advisors, LLC10,033$356.3K0.04%+147+1.5%Added
National Bank of Canada9,970$353.6K0.00%+6,245+167.7%Added
Forum Financial Management, LP9,880$350.8K0.00%−466−4.5%Reduced
Seamount Financial Group Inc9,873$350.6K0.16%00.0%Unchanged
Wedmont Private Capital9,478$347.5K0.01%−1,410−13.0%Reduced
Janney Capital Management LLC9,779$347.0K0.02%+2,643+37.0%Added
DGS Capital Management, LLC9,604$341.0K0.06%−54−0.6%Reduced
Cliffwater LLC9,591$340.6K0.07%+5,115+114.3%Added
Loomis Sayles & Co L P9,582$340.3K0.00%+7,786+433.5%Added
Regatta Capital Group, LLC9,555$339.3K0.05%−510−5.1%Reduced
Signaturefd, LLC9,532$338.5K0.01%+2,044+27.3%Added
Prudential PLC9,504$337.5K0.00%00.0%Unchanged
Bayesian Capital Management, LP9,500$337.3K0.77%+9,500New
Mayflower Financial Advisors, LLC9,450$335.6K0.04%+54+0.6%Added