TOST ranks #684 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
TOST is a top-conviction position for Lead Edge Capital Management, LLC — at 15.3% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in TOST belongs to BlackRock, Inc., but the position matters far more to Lead Edge Capital Management, LLC, who has 15.3% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Principal Financial Group Inc has added to its TOST position for two straight quarters, increasing it by $213.6M to reach $421.9M today.
Capital International Investors has trimmed its TOST position for two straight quarters, cutting it by $868.0M while still holding $744.0M.
TOST is up 0.5% today, and institutions have been net buyers of $2.0B this quarter — today's price move and the underlying institutional flow are pointing the same direction.