Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in TOL held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 9.9M | $1.36B | -1.2% | 10.505% | 0.02% |
| 2 | GREENHAVEN ASSOCIATES INC | 5.6M | $770.4M | +0.8% | 5.961% | 12.69% |
| 3 | Capital World Investors | 5.2M | $710.7M | +0.2% | 5.499% | 0.10% |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 4.3M | $580.4M | — | 4.490% | 0.01% |
| 5 | VANGUARD PORTFOLIO MANAGEMENT LLC | 4.2M | $569.1M | — | 4.403% | 0.03% |
| 6 | FMR LLC | 3.5M | $478.3M | +5.8% | 3.701% | 0.03% |
| 7 | STATE STREET CORP | 3.4M | $458.5M | -0.3% | 3.547% | 0.02% |
| 8 | DIMENSIONAL FUND ADVISORS LP | 3.0M | $408.1M | +3.5% | 3.158% | 0.08% |
| 9 | GEODE CAPITAL MANAGEMENT, LLC | 2.4M | $324.8M | +3.1% | 2.513% | 0.02% |
| 10 | AQR CAPITAL MANAGEMENT LLC | 1.8M | $238.0M | -19.7% | 1.865% | 0.11% |
| 11 | JENNISON ASSOCIATES LLC | 1.4M | $193.6M | +30.1% | 1.498% | 0.13% |
| 12 | CITADEL ADVISORS LLC | 1.4M | $188.0M | -7.6% | 1.454% | 0.09% |
| 13 | GOLDMAN SACHS GROUP INC | 1.3M | $182.4M | +18.1% | 1.411% | 0.02% |
| 14 | MORGAN STANLEY | 1.3M | $173.8M | +15.2% | 1.345% | 0.01% |
| 15 | Holocene Advisors, LP | 1.1M | $144.6M | +6.1% | 1.119% | 0.35% |
| 16 | Bank of New York Mellon Corp | 1.0M | $141.0M | -0.2% | 1.091% | 0.03% |
| 17 | BAMCO INC /NY/ | 932K | $127.2M | -20.1% | 0.984% | 0.38% |
| 18 | NORTHERN TRUST CORP | 856K | $116.8M | -0.5% | 0.903% | 0.02% |
| 19 | MILLENNIUM MANAGEMENT LLC | 814K | $111.1M | +44.0% | 0.860% | 0.07% |
| 20 | BALYASNY ASSET MANAGEMENT LLC | 810K | $110.5M | — | 0.855% | 0.38% |
| 21 | VICTORY CAPITAL MANAGEMENT INC | 763K | $104.1M | -31.0% | 0.805% | 0.07% |
| 22 | BANK OF AMERICA CORP /DE/ | 751K | $102.5M | -1.0% | 0.793% | 0.01% |
| 23 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 728K | $99.4M | +3.4% | 0.769% | 0.02% |
| 24 | FIRST TRUST ADVISORS LP | 598K | $81.6M | -0.8% | 0.632% | 0.06% |
| 25 | VANGUARD FIDUCIARY TRUST CO | 587K | $80.2M | — | 0.620% | 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.
Filings activity in TOL during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 764 | +7.0% | 79.31% | +0.45 pp | $11.05B | +0.6% |
| Q4 2025 | 714 | +2.3% | 78.86% | 2.96 pp | $10.99B | 3.6% |
| Q3 2025 | 698 | +6.9% | 81.82% | +0.75 pp | $11.40B | +0.9% |
| Q2 2025 | 653 | +1.2% | 81.07% | +16.10 pp | $11.30B | +25% |
| Q1 2025 | 645 | 7.7% | 64.97% | 31.48 pp | $9.05B | 33% |
| Q4 2024 | 699 | +0.7% | 96.45% | +3.10 pp | $13.44B | +3.3% |
| Q3 2024 | 694 | +7.9% | 93.35% | 23.76 pp | $13.01B | 20% |
| Q2 2024 | 643 | — | 117.11% | — | $16.32B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying TOL stock.
Based on Q1 2026 13F filings, institutional ownership of Toll Brothers, Inc. stands at 79.3%, held across 764 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of TOL, with approximately 9,949,088 shares worth $1.36B as of Q1 2026.
Yes — 3 widely-followed marquee investors appear among the top 25 institutional holders of TOL, including GREENHAVEN ASSOCIATES INC, CITADEL ADVISORS LLC, MILLENNIUM MANAGEMENT LLC.
Our composite Smart Money Score for TOL is 75 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
131 institutions opened new positions in TOL during Q1 2026, while 81 fully exited. 419 added to existing positions and 208 trimmed.
TOL institutional ownership rose by 0.45 percentage points quarter-over-quarter, with a net change of +50 holders.
The top 10 institutions account for 53.4% of all reported 13F value in TOL, and the top 25 account for 71.1%.
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.
Toll Brothers, Inc. (TOL) Institutional Ownership