Toast Inc (TOST) — Hedge Fund Ownership Q4 2025
TOST
- Toast Inc (TOST) is held by 2 of 82 tracked hedge funds, with ValueAct Capital (4%) and Durable Capital Partners (1%) holding the largest stakes, indicating limited hedge fund interest relative to peers.
- The biggest increases in TOST holdings came from ValueAct Capital (+136%), highlighting conviction.
- The biggest decreases in TOST holdings came from Durable Capital Partners (-64%), suggesting profit-taking or de-risking.
- Overall, hedge funds increased exposure to Toast Inc (TOST) by +6% vs the prior quarter and -57% vs prior year.
| # | Fund | % of Portfolio † | Shares † | Shares vs Prior Quarter † | Shares vs Prior Year † | Aggregate Value † | Reported Price * | Option |
|---|---|---|---|---|---|---|---|---|
| 1 |
ValueAct Capital
|
4.05% | 8.0M | +135.94% | -6.24% | $284.6M | $35.51 | — |
| 2 |
Durable Capital Partners Henry Ellenbogen
|
0.77% | 2.3M | -63.86% | -85.11% | $81.6M | $35.51 | — |
| 2 | Total | — | 10.3M | +5.70% | -57.01% | $366.3M | — | — |
* Reported price is not an actual purchase or sale price. It is the price as of the last portfolio date.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.