| 5.3M |
| $865.3M |
| +0.9% |
| 5.619% |
| 0.10% |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 4.3M | $707.0M | +0.9% | 4.591% | 0.02% |
| 5 | VANGUARD PORTFOLIO MANAGEMENT LLC | 4.2M | $687.7M | +0.1% | 4.466% | 0.03% |
| 6 | FMR LLC | 4.1M | $677.3M | +17.3% | 4.398% | 0.03% |
| 7 | STATE STREET CORP | 3.5M | $577.6M | +4.3% | 3.751% | 0.01% |
| 8 | DIMENSIONAL FUND ADVISORS LP | 3.1M | $511.9M | +3.9% | 3.324% | 0.09% |
| 9 | GEODE CAPITAL MANAGEMENT, LLC | 2.5M | $410.4M | +4.7% | 2.665% | 0.02% |
| 10 | AQR CAPITAL MANAGEMENT LLC | 1.6M | $265.8M | -8.4% | 1.731% | 0.09% |
| 11 | GOLDMAN SACHS GROUP INC | 1.5M | $242.3M | +10.1% | 1.573% | 0.02% |
| 12 | JENNISON ASSOCIATES LLC | 1.4M | $234.1M | +0.1% | 1.520% | 0.14% |
| 13 | Holocene Advisors, LP | 1.3M | $219.3M | +25.6% | 1.424% | 0.49% |
| 14 | NORGES BANK | 1.2M | $195.8M | — | 1.271% | 0.02% |
| 15 | MORGAN STANLEY | 1.2M | $190.5M | -9.2% | 1.237% | 0.01% |
| 16 | CITADEL ADVISORS LLC | 1.1M | $189.2M | -16.6% | 1.229% | 0.01% |
| 17 | VICTORY CAPITAL MANAGEMENT INC | 1.1M | $184.4M | +46.8% | 1.198% | 0.10% |
| 18 | JPMORGAN CHASE & CO | 1.1M | $178.9M | +101.8% | 1.156% | 0.01% |
| 19 | BAMCO INC /NY/ | 1.0M | $166.2M | +8.3% | 1.080% | 0.25% |
| 20 | Bank of New York Mellon Corp | 1.0M | $164.8M | -3.1% | 1.070% | 0.03% |
| 21 | NORTHERN TRUST CORP | 863K | $142.3M | +0.9% | 0.924% | 0.02% |
| 22 | FIRST TRUST ADVISORS LP | 820K | $135.1M | +37.1% | 0.877% | 0.08% |
| 23 | BANK OF AMERICA CORP /DE/ | 764K | $125.9M | +1.7% | 0.818% | 0.01% |
| 24 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 737K | $121.3M | +1.2% | 0.788% | 0.02% |
| 25 | UBS Group AG | 730K | $120.3M | +63.5% | 0.781% | 0.02% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in TOL — a direct measure of their conviction.
| 95.31% |
| 0.09 pp |
| $9.05B |
| 33% |
| Q4 2024 | 699 | +0.7% | 95.40% | +0.66 pp | $13.44B | +3.3% |
| Q3 2024 | 694 | — | 94.74% | — | $13.01B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
115 institutions opened new positions in TOL during Q2 2026, while 88 fully exited. 586 added to existing positions and 85 trimmed.
TOL institutional ownership rose by 3.51 percentage points quarter-over-quarter, with a net change of +37 holders.
The top 10 institutions account for 52.7% of all reported 13F value in TOL, and the top 25 account for 71.7%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.