| 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, 779 institutional investors reported holding 446,856,562 shares of Toast, Inc. - Class A Stock (TOST). This represents 88% of the company’s total 510,088,529 outstanding shares.
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 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 446,856,562 | $15,866,514,415 | +$179,949,381 | $35.51 | 779 |
| 2025 Q3 | 439,049,769 | $16,029,459,870 | -$336,732,253 | $36.51 | 729 |
| 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 |