Who owns Toast (TOST)
Which tracked institutional funds hold TOST, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TOST company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
224 tracked funds added or opened TOST while 154 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
TOST’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp gap the other way — the median holder sizes TOST more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in TOST divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 726 tracked filers holding TOST, 399 increased or opened the position and 389 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in TOST between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 58
- Junto Capital Management LP$54M
- KENSICO CAPITAL MANAGEMENT CORP$46M
- LIGHT STREET CAPITAL MANAGEMENT, LLC$32M
- Philosophy Capital Management LLC$32M
- Keenan Capital, LLC$31M
- Great Point Wealth Advisors, LLC$22M
Full exits 69
- Qube Research & Technologies Ltd$113M
- Amundi$88M
- Greenvale Capital LLP$53M
- Greenhouse Funds LLLP$52M
- Employees Retirement System of Texas$28M
- ALTA FOX CAPITAL MANAGEMENT, LLC$20M
Largest adds
- BlackRock, Inc.$791M
- PRINCIPAL FINANCIAL GROUP INC$210M
- STATE STREET CORP$201M
- CITADEL ADVISORS LLC$180M
- BALYASNY ASSET MANAGEMENT L.P.$139M
- FMR LLC$98M
Largest trims
- ALLIANCEBERNSTEIN L.P.$356M
- MILLENNIUM MANAGEMENT LLC$108M
- JANE STREET GROUP, LLC$105M
- WORLDQUANT MILLENNIUM ADVISORS LLC$103M
- Capital International Investors$67M
- RENAISSANCE TECHNOLOGIES LLC$61M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. added | 48,745,880 | $1.4B | 11.3% | 2026-Q2 |
| FMR LLC added | 33,528,155 | $933M | 7.8% | 2026-Q2 |
| Capital International Investors trimmed | 26,744,340 | $744M | 6.2% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 22,085,011 | $614M | 5.1% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC trimmed | 21,905,520 | $609M | 5.1% | 2026-Q2 |
| STATE STREET CORP added | 16,888,718 | $470M | 3.9% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 16,843,519 | $475M | 4.0% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC added | 15,164,024 | $422M | 3.5% | 2026-Q2 |
| ValueAct Holdings, L.P. added | 14,134,038 | $393M | 3.3% | 2026-Q2 |
| MORGAN STANLEY trimmed | 11,392,209 | $317M | 2.6% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 10,895,417 | $289M | 2.4% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 9,754,026 | $290M | 2.4% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. added | 7,126,975 | $198M | 1.7% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 6,866,389 | $191M | 1.6% | 2026-Q2 |
| Sumitomo Mitsui Trust Group, Inc. added | 6,861,646 | $191M | 1.6% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 6,348,787 | $177M | 1.5% | 2026-Q2 |
| UBS Group AG trimmed | 5,815,906 | $162M | 1.4% | 2026-Q2 |
| NORGES BANK added | 5,765,060 | $160M | 1.3% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 5,111,691 | $142M | 1.2% | 2026-Q2 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. added | 4,744,628 | $132M | 1.1% | 2026-Q2 |
| XN LP trimmed | 4,389,160 | $122M | 1.0% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 4,233,525 | $118M | 1.0% | 2026-Q2 |
| NORTHERN TRUST CORP added | 4,112,230 | $114M | 1.0% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 4,053,255 | $113M | 0.9% | 2026-Q2 |
| GILDER GAGNON HOWE & CO LLC trimmed | 3,957,072 | $110M | 0.9% | 2026-Q2 |
| Amova Asset Management Americas, Inc. trimmed | 3,769,156 | $105M | 0.9% | 2026-Q2 |
| HMI Capital Management, L.P. trimmed | 3,504,744 | $98M | 0.8% | 2026-Q2 |
| Meritage Group LP added | 3,432,027 | $95M | 0.8% | 2026-Q2 |
| NORDEA INVESTMENT MANAGEMENT AB added | 3,294,166 | $91M | 0.8% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 3,058,506 | $85M | 0.7% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 3,055,579 | $85M | 0.7% | 2026-Q2 |
| Lead Edge Capital Management, LLC added | 3,021,216 | $84M | 0.7% | 2026-Q2 |
| JENNISON ASSOCIATES LLC trimmed | 2,730,780 | $76M | 0.6% | 2026-Q2 |
| FEDERATED HERMES, INC. trimmed | 2,692,637 | $75M | 0.6% | 2026-Q2 |
| Bank of New York Mellon Corp added | 2,597,350 | $72M | 0.6% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC trimmed | 2,498,487 | $70M | 0.6% | 2026-Q2 |
| EVENTIDE ASSET MANAGEMENT, LLC added | 2,494,706 | $69M | 0.6% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP added | 2,456,114 | $68M | 0.6% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 2,218,469 | $62M | 0.5% | 2026-Q2 |
| Stephens Investment Management Group LLC added | 2,170,232 | $60M | 0.5% | 2026-Q2 |
| EDMOND DE ROTHSCHILD HOLDING S.A. added | 2,112,357 | $59M | 0.5% | 2026-Q2 |
| CITIGROUP INC added | 2,059,932 | $57M | 0.5% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 1,992,308 | $55M | 0.5% | 2026-Q2 |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC added | 1,992,026 | $55M | 0.5% | 2026-Q2 |
| Junto Capital Management LP added | 1,952,539 | $54M | 0.5% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 1,935,128 | $54M | 0.4% | 2026-Q2 |
| ARK Investment Management LLC added | 1,859,887 | $52M | 0.4% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 1,778,694 | $49M | 0.4% | 2026-Q2 |
| KENSICO CAPITAL MANAGEMENT CORP new | 1,659,800 | $46M | 0.4% | 2026-Q2 |
| Park West Asset Management LLC added | 1,642,010 | $46M | 0.4% | 2026-Q2 |
| NZS Capital, LLC added | 1,610,331 | $45M | 0.4% | 2026-Q2 |
| BARCLAYS PLC added | 1,479,174 | $41M | 0.3% | 2026-Q2 |
| MARSHALL WACE, LLP trimmed | 1,470,827 | $41M | 0.3% | 2026-Q2 |
| Bridgewater Associates, LP added | 1,428,975 | $40M | 0.3% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 1,415,140 | $39M | 0.3% | 2026-Q2 |
| BLAIR WILLIAM & CO/IL trimmed | 1,405,951 | $39M | 0.3% | 2026-Q2 |
| WESTFIELD CAPITAL MANAGEMENT CO LP trimmed | 1,373,221 | $38M | 0.3% | 2026-Q2 |
| Capital Impact Advisors, LLC added | 1,338,338 | $37M | 0.3% | 2026-Q2 |
| Swiss National Bank trimmed | 1,324,400 | $37M | 0.3% | 2026-Q2 |
| Nuveen, LLC trimmed | 1,323,148 | $37M | 0.3% | 2026-Q2 |
| Champlain Investment Partners, LLC trimmed | 1,313,974 | $37M | 0.3% | 2026-Q2 |
| 12 West Capital Management LP | 1,247,840 | $35M | 0.3% | 2026-Q2 |
| ALKEON CAPITAL MANAGEMENT LLC | 1,238,096 | $34M | 0.3% | 2026-Q2 |
| CONGRESS ASSET MANAGEMENT CO added | 1,199,504 | $33M | 0.3% | 2026-Q2 |
| FIRST TRUST ADVISORS LP added | 1,182,752 | $33M | 0.3% | 2026-Q2 |
| LIGHT STREET CAPITAL MANAGEMENT, LLC new | 1,167,500 | $32M | 0.3% | 2026-Q2 |
| Philosophy Capital Management LLC new | 1,150,000 | $32M | 0.3% | 2026-Q2 |
| Keenan Capital, LLC new | 1,115,979 | $31M | 0.3% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC added | 1,084,178 | $30M | 0.3% | 2026-Q2 |
| Legal & General Group Plc added | 1,073,031 | $30M | 0.2% | 2026-Q2 |
| Zurcher Kantonalbank (Zurich Cantonalbank) added | 1,065,125 | $30M | 0.2% | 2026-Q2 |
| D. E. Shaw & Co., Inc. trimmed | 1,039,379 | $29M | 0.2% | 2026-Q2 |
| Man Group plc trimmed | 1,034,339 | $29M | 0.2% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 1,029,079 | $29M | 0.2% | 2026-Q2 |
| RHUMBLINE ADVISERS added | 1,005,708 | $28M | 0.2% | 2026-Q2 |
| Invesco Ltd. added | 979,037 | $27M | 0.2% | 2026-Q2 |
| Assenagon Asset Management S.A. added | 970,799 | $27M | 0.2% | 2026-Q2 |
| Trexquant Investment LP trimmed | 956,738 | $27M | 0.2% | 2026-Q2 |
| CAPITAL FUND MANAGEMENT S.A. trimmed | 949,098 | $26M | 0.2% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 900,290 | $25M | 0.2% | 2026-Q2 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC added | 879,896 | $24M | 0.2% | 2026-Q2 |
| Longaeva Partners L.P. trimmed | 872,976 | $24M | 0.2% | 2026-Q2 |
| Stony Point Capital LLC added | 848,336 | $24M | 0.2% | 2026-Q2 |
| ARMISTICE CAPITAL, LLC added | 810,830 | $23M | 0.2% | 2026-Q2 |
| Great Point Wealth Advisors, LLC new | 806,646 | $22M | 0.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 787,934 | $22M | 0.2% | 2026-Q2 |
| Crawford Fund Management, LLC added | 775,836 | $22M | 0.2% | 2026-Q2 |
| Fiera Capital Corp trimmed | 774,818 | $22M | 0.2% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD trimmed | 759,400 | $21M | 0.2% | 2026-Q2 |
| California Public Employees Retirement System added | 722,530 | $20M | 0.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 691,053 | $19M | 0.2% | 2026-Q2 |
| Jupiter Topco LLC new | 686,669 | $19M | 0.2% | 2026-Q2 |
| Granahan Investment Management, LLC added | 685,751 | $19M | 0.2% | 2026-Q2 |
| PRIMECAP MANAGEMENT CO/CA/ added | 674,300 | $19M | 0.2% | 2026-Q2 |
| Apis Capital Advisors, LLC added | 662,000 | $18M | 0.2% | 2026-Q2 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 653,385 | $18M | 0.2% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 643,562 | $18M | 0.1% | 2026-Q2 |
| Delta Global Management LP trimmed | 638,477 | $18M | 0.1% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 630,594 | $18M | 0.1% | 2026-Q2 |
| Nixon Capital, LLC added | 622,725 | $17M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.