ValueAct Capital (Mason Morfit)'s TOST Position Overview
ValueAct Capital (Mason Morfit) (via Valueact Holdings, L.P.) currently holds 3.4 M shares of Toast, Inc. (TOST) worth $124.03 M, representing 2.09% of the portfolio. First purchased in 2024-Q3, this short-term holding has been held for 5 quarters.
Based on 13F filings, ValueAct Capital (Mason Morfit) has maintained this position in TOST for several quarters, showing initial confidence in the investment. Largest addition occurred in Q3 2025, adding 3.4 M shares. Largest reduction occurred in Q4 2024, reducing 6.93 M shares.
Analysis based on 13F filings available since 2013 Q2
ValueAct Capital (Mason Morfit)'s Toast (TOST) Holding Value Over Time
Track share changes against reported price movement
Quarterly Toast (TOST) Trades by ValueAct Capital (Mason Morfit)
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q3 2024 | +15.48 M | New Buy | 15.48 M | $28.31 |
| Q4 2024 | -6.93 M | Reduce 44.78% | 8.55 M | $36.45 |
| Q1 2025 | -5.95 M | Reduce 69.62% | 2.6 M | $33.17 |
| Q2 2025 | -2.6 M | Sold Out | 0 | $0.00 |
| Q3 2025 | +3.4 M | New Buy | 3.4 M | $36.51 |
ValueAct Capital (Mason Morfit)'s Toast Investment FAQs
ValueAct Capital (Mason Morfit) first purchased Toast, Inc. (TOST) in Q3 2024, acquiring 15,482,200 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
ValueAct Capital (Mason Morfit) has held Toast, Inc. (TOST) for 5 quarters since Q3 2024.
ValueAct Capital (Mason Morfit)'s largest addition to Toast, Inc. (TOST) was in Q3 2024, adding 15,482,200 shares worth $438.3 M.
According to the latest 13F filing for Q3 2025, ValueAct Capital (Mason Morfit)'s firm, Valueact Holdings, L.P., owns 3,397,200 shares of Toast, Inc. (TOST), valued at approximately $124.03 M.
As of the Q3 2025 filing, Toast, Inc. (TOST) represents approximately 2.09% of ValueAct Capital (Mason Morfit)'s publicly disclosed stock portfolio, making it one of their key holdings.
ValueAct Capital (Mason Morfit)'s peak holding in Toast, Inc. (TOST) was 15,482,200 shares, as reported at the end of Q3 2024.