Security Snapshot

Toast, Inc. - Class A Stock (TOST) Institutional Ownership

CUSIP: 888787108

13F Institutional Holders and Ownership History from Q3 2021 to Q1 2026

Latest Period

Q4 2025

Institutions Reporting

789

Shares (Excl. Options)

447,240,728

Price

$35.51

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Type / Class
Equity / Class A Stock
Symbol
TOST on NYSE
Shares outstanding
510,088,529
Price per share
$26.51
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
447,240,728
Total reported value
$15,880,170,311
% of total 13F portfolios
0.02%
Share change
+5,320,948
Value change
+$184,599,395
Number of holders
789
Price from insider filings
$26.51
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Quick Takeaways

  • TOST - Toast, Inc. - Class A Stock is tracked under CUSIP 888787108.
  • 789 institutions reported positions in Q4 2025.
  • 5 significant owners is listed from Schedule 13D/13G reporting.

What Changed

  • Holder count moved from 789 to 106 between Q4 2025 and Q1 2026.
  • Reported value moved from $15,880,170,311 to $195,587,838.

Why This Matters

  • You can quickly see who holds this security, then open quarter and manager detail pages for full evidence.
  • 13F and Schedule 13D/13G sections are kept together so you can cross-check institutional and beneficial ownership context.

Source Evidence

Source: SEC Form 13F

Latest holder context comes from 789 institutions filings for Q4 2025.

Open SEC Evidence

Investment Quick Answers

What is CUSIP 888787108?
CUSIP 888787108 identifies TOST - Toast, Inc. - Class A Stock in SEC 13F datasets.

Where can I see the latest institutional holders?
Review the Q4 2025 holders report and the ownership history table below.

Significant Owners of Toast, Inc. - Class A Stock (TOST) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Technology Investment Dining Group, LLC 6.4% $1,194,901,325 32,728,056 Technology Investment Dining Group, LLC 30 Sep 2025
Fredette Stephen 5.9% $1,105,325,576 30,618,437 Stephen Fredette 31 Dec 2024
FMR LLC 6.5% $1,104,507,805 30,595,784 FMR LLC 31 Dec 2024
BlackRock, Inc. 5.1% +2% $923,775,428 +$48,725,757 26,014,515 +5.6% BlackRock, Inc. 31 Dec 2025
PRICE T ROWE ASSOCIATES INC /MD/ 4.2% $720,683,180 19,963,523 T. Rowe Price Associates, Inc. 31 Dec 2024

As of 31 Dec 2025, 789 institutional investors reported holding 447,240,728 shares of Toast, Inc. - Class A Stock (TOST). This represents 88% of the company’s total 510,088,529 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Toast, Inc. - Class A Stock (TOST) together control 57% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
Capital International Investors 8.9% 45,391,459 -6.3% 0.25% $1,612,038,182
VANGUARD GROUP INC 8.8% 44,692,350 -0.16% 0.02% $1,587,025,348
FMR LLC 5.8% 29,805,019 +9% 0.05% $1,058,376,209
BlackRock, Inc. 5.3% 26,900,052 +1.6% 0.02% $955,220,851
JENNISON ASSOCIATES LLC 3% 15,157,955 +1% 0.32% $538,258,990
MORGAN STANLEY 2% 10,372,626 +6.7% 0.02% $368,332,033
STATE STREET CORP 1.9% 9,820,594 +3% 0.01% $348,729,293
JPMORGAN CHASE & CO 1.8% 9,378,658 -5.4% 0.02% $333,036,183
ALLIANCEBERNSTEIN L.P. 1.8% 9,331,266 +14% 0.1% $331,353,256
XN LP 1.8% 8,988,386 +51% 8.9% $319,177,587
GEODE CAPITAL MANAGEMENT, LLC 1.7% 8,675,056 +2% 0.02% $307,214,298
ValueAct Holdings, L.P. 1.6% 8,015,277 +136% 4.1% $284,622,486
T. Rowe Price Investment Management, Inc. 1.4% 7,167,843 -33% 0.16% $254,531,000
Sumitomo Mitsui Trust Group, Inc. 1.4% 7,032,895 -6.4% 0.15% $249,738,101
PRINCIPAL FINANCIAL GROUP INC 1.2% 5,866,235 -0.73% 0.11% $208,311,374
NORGES BANK 1.1% 5,711,282 0.02% $202,807,624
MARSHALL WACE, LLP 1% 5,292,568 +3.9% 0.18% $187,939,090
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.9% 4,579,046 +5.4% 0.1% $162,601,923
BANK OF AMERICA CORP /DE/ 0.86% 4,401,191 -26% 0.01% $156,286,300
GILDER GAGNON HOWE & CO LLC 0.86% 4,390,564 -4.3% 1.6% $155,908,928
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.86% 4,373,306 +8.1% 0.18% $155,303,000
HMI Capital Management, L.P. 0.84% 4,303,483 +29% 13% $152,816,681
UBS Group AG 0.83% 4,210,504 -6.3% 0.03% $149,514,997
1832 Asset Management L.P. 0.8% 4,064,200 0.18% $144,319,742
Balyasny Asset Management L.P. 0.79% 4,031,705 +41116% 0.27% $143,165,845

Institutional Holders of Toast, Inc. - Class A Stock (TOST) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2026 Q1 7,368,390 $195,587,838 -$10,459,727 $26.51 106
2025 Q4 447,240,728 $15,880,170,311 +$184,599,395 $35.51 789
2025 Q3 439,039,090 $16,029,069,979 -$336,751,676 $36.51 728
2025 Q2 443,277,990 $19,619,174,612 +$1,197,017,692 $44.29 740
2025 Q1 418,864,770 $13,894,359,299 +$68,824,215 $33.17 646
2024 Q4 416,484,919 $15,181,463,986 +$179,407,680 $36.45 624
2024 Q3 409,632,029 $11,596,594,225 +$731,342,860 $28.31 509
2024 Q2 384,691,996 $9,912,357,094 +$579,743,593 $25.77 498
2024 Q1 361,806,798 $9,014,644,556 +$480,921,922 $24.92 465
2023 Q4 346,073,990 $6,319,172,551 -$25,631,890 $18.26 435
2023 Q3 346,804,827 $6,494,946,976 +$321,310,655 $18.73 409
2023 Q2 326,556,718 $7,370,638,777 +$521,283,325 $22.57 388
2023 Q1 305,680,125 $5,423,310,435 +$101,979,809 $17.75 358
2022 Q4 300,249,894 $5,412,931,978 +$600,248,077 $18.03 340
2022 Q3 266,416,215 $4,457,854,149 +$449,462,839 $16.72 270
2022 Q2 235,753,090 $3,053,341,949 +$816,067,664 $12.94 223
2022 Q1 167,080,634 $3,629,234,471 +$299,565,147 $21.73 173
2021 Q4 140,860,552 $4,795,980,866 +$2,826,376,483 $34.71 156
2021 Q3 50,060,052 $2,373,516,098 +$2,373,044,087 $49.95 120