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-Q1 13F filings (latest filed 2026-05-18). 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
121 tracked funds added or opened TOST while 309 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp 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 2025-Q4 and 2026-Q1, across 755 tracked filers holding TOST, 418 increased or opened the position and 377 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
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 2025-Q4 and 2026-Q1 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 52
- VANGUARD CAPITAL MANAGEMENT LLC$585M
- VANGUARD PORTFOLIO MANAGEMENT LLC$537M
- Meritage Group LP$90M
- VANGUARD FIDUCIARY TRUST CO$81M
- Lead Edge Capital Management, LLC$35M
- Stony Point Capital LLC$22M
Full exits 49
- VANGUARD GROUP INC$1.6B
- T. Rowe Price Investment Management, Inc.$164M
- Durable Capital Partners LP$82M
- Freestone Grove Partners LP$39M
- Schonfeld Strategic Advisors LLC$29M
- GREENOAKS CAPITAL PARTNERS LLC$24M
Largest adds
- ALLIANCEBERNSTEIN L.P.$314M
- JPMORGAN CHASE & CO$104M
- JANE STREET GROUP, LLC$104M
- ValueAct Holdings, L.P.$57M
- MILLENNIUM MANAGEMENT LLC$45M
- WELLINGTON MANAGEMENT GROUP LLP$27M
Largest trims
- Capital International Investors$801M
- JENNISON ASSOCIATES LLC$453M
- BlackRock, Inc.$390M
- FMR LLC$224M
- XN LP$147M
- MARSHALL WACE, LLP$111M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. added | 48,745,880 | $1.4B | 9.7% | 2026-Q2 |
| FMR LLC added | 33,528,155 | $933M | 6.7% | 2026-Q2 |
| Capital International Investors trimmed | 26,744,340 | $744M | 5.3% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 18,173,374 | $645M | 4.6% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 22,063,096 | $585M | 4.2% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 20,258,557 | $537M | 3.8% | 2026-Q1 |
| STATE STREET CORP added | 16,888,718 | $470M | 3.4% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 16,783,899 | $437M | 3.1% | 2026-Q1 |
| ValueAct Holdings, L.P. added | 14,134,038 | $393M | 2.8% | 2026-Q2 |
| MORGAN STANLEY added | 11,659,138 | $309M | 2.2% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 8,985,342 | $238M | 1.7% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 7,977,244 | $211M | 1.5% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. added | 7,126,975 | $198M | 1.4% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 6,866,389 | $191M | 1.4% | 2026-Q2 |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 6,859,633 | $182M | 1.3% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 6,348,787 | $177M | 1.3% | 2026-Q2 |
| UBS Group AG added | 6,583,386 | $175M | 1.2% | 2026-Q1 |
| XN LP trimmed | 6,509,924 | $173M | 1.2% | 2026-Q1 |
| NORGES BANK added | 5,765,060 | $160M | 1.1% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 4,866,197 | $129M | 0.9% | 2026-Q1 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. added | 4,648,200 | $123M | 0.9% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 4,249,385 | $113M | 0.8% | 2026-Q1 |
| GILDER GAGNON HOWE & CO LLC trimmed | 4,069,162 | $108M | 0.8% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 3,972,585 | $105M | 0.8% | 2026-Q1 |
| WORLDQUANT MILLENNIUM ADVISORS LLC added | 3,938,703 | $104M | 0.7% | 2026-Q1 |
| Amova Asset Management Americas, Inc. added | 3,817,961 | $101M | 0.7% | 2026-Q1 |
| HMI Capital Management, L.P. trimmed | 3,814,983 | $101M | 0.7% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 3,461,654 | $92M | 0.7% | 2026-Q1 |
| Meritage Group LP added | 3,410,223 | $90M | 0.6% | 2026-Q1 |
| Amundi added | 3,329,206 | $88M | 0.6% | 2026-Q1 |
| JENNISON ASSOCIATES LLC trimmed | 3,226,502 | $86M | 0.6% | 2026-Q1 |
| Champlain Investment Partners, LLC added | 3,068,101 | $81M | 0.6% | 2026-Q1 |
| FEDERATED HERMES, INC. trimmed | 3,055,000 | $81M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 3,039,146 | $81M | 0.6% | 2026-Q1 |
| NORTHERN TRUST CORP trimmed | 2,899,372 | $77M | 0.5% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 2,790,519 | $74M | 0.5% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 2,736,658 | $73M | 0.5% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 2,597,902 | $69M | 0.5% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP added | 2,456,114 | $68M | 0.5% | 2026-Q2 |
| EVENTIDE ASSET MANAGEMENT, LLC added | 2,488,669 | $66M | 0.5% | 2026-Q1 |
| NORDEA INVESTMENT MANAGEMENT AB added | 2,219,103 | $57M | 0.4% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 2,079,567 | $55M | 0.4% | 2026-Q1 |
| EDMOND DE ROTHSCHILD HOLDING S.A. added | 2,062,404 | $55M | 0.4% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 1,935,128 | $54M | 0.4% | 2026-Q2 |
| Stephens Investment Management Group LLC added | 2,008,871 | $53M | 0.4% | 2026-Q1 |
| Greenvale Capital LLP added | 2,000,000 | $53M | 0.4% | 2026-Q1 |
| Greenhouse Funds LLLP added | 1,972,912 | $52M | 0.4% | 2026-Q1 |
| Trexquant Investment LP added | 1,879,041 | $50M | 0.4% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 1,842,602 | $49M | 0.3% | 2026-Q1 |
| ARK Investment Management LLC trimmed | 1,810,754 | $48M | 0.3% | 2026-Q1 |
| WESTFIELD CAPITAL MANAGEMENT CO LP added | 1,790,873 | $47M | 0.3% | 2026-Q1 |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC trimmed | 1,774,581 | $47M | 0.3% | 2026-Q1 |
| 1832 Asset Management L.P. trimmed | 1,732,400 | $46M | 0.3% | 2026-Q1 |
| Nuveen, LLC added | 1,584,712 | $42M | 0.3% | 2026-Q1 |
| MARSHALL WACE, LLP trimmed | 1,470,827 | $41M | 0.3% | 2026-Q2 |
| BLAIR WILLIAM & CO/IL trimmed | 1,539,203 | $41M | 0.3% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 1,522,094 | $40M | 0.3% | 2026-Q1 |
| Bridgewater Associates, LP added | 1,428,975 | $40M | 0.3% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 1,491,062 | $40M | 0.3% | 2026-Q1 |
| NZS Capital, LLC added | 1,475,513 | $39M | 0.3% | 2026-Q1 |
| Swiss National Bank added | 1,360,400 | $36M | 0.3% | 2026-Q1 |
| Fiera Capital Corp added | 1,350,340 | $36M | 0.3% | 2026-Q1 |
| CITIGROUP INC added | 1,343,612 | $36M | 0.3% | 2026-Q1 |
| Lead Edge Capital Management, LLC added | 1,306,362 | $35M | 0.2% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP added | 1,273,067 | $34M | 0.2% | 2026-Q1 |
| 12 West Capital Management LP trimmed | 1,247,840 | $33M | 0.2% | 2026-Q1 |
| ALKEON CAPITAL MANAGEMENT LLC added | 1,238,096 | $33M | 0.2% | 2026-Q1 |
| LIGHT STREET CAPITAL MANAGEMENT, LLC new | 1,167,500 | $32M | 0.2% | 2026-Q2 |
| CONGRESS ASSET MANAGEMENT CO added | 1,091,236 | $29M | 0.2% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 1,039,379 | $29M | 0.2% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 1,029,079 | $29M | 0.2% | 2026-Q2 |
| Man Group plc added | 1,079,486 | $29M | 0.2% | 2026-Q1 |
| Employees Retirement System of Texas trimmed | 1,057,808 | $28M | 0.2% | 2026-Q1 |
| Legal & General Group Plc added | 1,054,825 | $28M | 0.2% | 2026-Q1 |
| FIRST TRUST ADVISORS LP trimmed | 1,033,066 | $27M | 0.2% | 2026-Q1 |
| Invesco Ltd. added | 979,037 | $27M | 0.2% | 2026-Q2 |
| BARCLAYS PLC added | 1,017,915 | $27M | 0.2% | 2026-Q1 |
| Caisse de depot et placement du Quebec trimmed | 984,913 | $26M | 0.2% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 982,829 | $26M | 0.2% | 2026-Q1 |
| CAPITAL FUND MANAGEMENT S.A. added | 982,538 | $26M | 0.2% | 2026-Q1 |
| Longaeva Partners L.P. added | 941,001 | $25M | 0.2% | 2026-Q1 |
| Delta Global Management LP trimmed | 938,753 | $25M | 0.2% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC added | 930,625 | $25M | 0.2% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 907,792 | $24M | 0.2% | 2026-Q1 |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC trimmed | 894,759 | $24M | 0.2% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 874,811 | $23M | 0.2% | 2026-Q1 |
| Stony Point Capital LLC new | 820,382 | $22M | 0.2% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 44,692,350 | $1.6B | 11.3% | 2025-Q4 stale |
| T. Rowe Price Investment Management, Inc. trimmed | 4,620,110 | $164M | 1.2% | 2025-Q4 stale |
| Abdiel Capital Advisors, LP trimmed | 3,101,915 | $137M | 1.0% | 2025-Q2 stale |
| Durable Capital Partners LP trimmed | 2,299,023 | $82M | 0.6% | 2025-Q4 stale |
| Perpetual Ltd trimmed | 1,219,234 | $54M | 0.4% | 2025-Q2 stale |
| Whale Rock Capital Management LLC trimmed | 1,398,509 | $46M | 0.3% | 2025-Q1 stale |
| GENERATION INVESTMENT MANAGEMENT LLP | 912,818 | $40M | 0.3% | 2025-Q2 stale |
| Freestone Grove Partners LP new | 1,102,638 | $39M | 0.3% | 2025-Q4 stale |
| Financial Harvest, LLC new | 475,889 | $25M | 0.2% | 2025-Q1 stale |
| GREENOAKS CAPITAL PARTNERS LLC trimmed | 680,317 | $24M | 0.2% | 2025-Q4 stale |
| Technology Crossover Management X, Ltd. | 625,000 | $23M | 0.2% | 2025-Q3 stale |
| ICONIQ Capital, LLC trimmed | 619,524 | $23M | 0.2% | 2025-Q3 stale |
| Polar Capital Holdings Plc trimmed | 474,963 | $21M | 0.2% | 2025-Q2 stale |
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.