XN LP — TOAST INC TOST: Quarterly 13F Position History
XN LP has reported TOAST INC (TOST) on 10 13F-HR filings in Pactolio's tracked window, first appearing in Q4 2023. As of Q1 2026, the position is sized at 6,509,924 shares ($172.6M market value, 6.34% of the equity book). Quarter-over-quarter share count change: 2,478,462 (-27.6%) .
- 6,509,924Shares Held (Latest Filing)
- $172.6MReported Market Value (Latest Filing)
- 6.34%Portfolio Weight (% of 13F Equity Book)
- 2,478,462Quarter-over-Quarter Share Change
- -$146.6MQuarter-over-Quarter Value Change
- 8,988,386Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 10 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 6,509,924 | 2,478,462 | -27.6% | $172.6M | 6.34% | $26.51 |
| Q4 2025 | 8,988,386 | +3,029,856 | +50.8% | $319.2M | 8.94% | $35.51 |
| Q3 2025 | 5,958,530 | +746,562 | +14.3% | $217.5M | 6.40% | $36.51 |
| Q2 2025 | 5,211,968 | +424,132 | +8.9% | $230.8M | 8.06% | $44.29 |
| Q1 2025 | 4,787,836 | +157,605 | +3.4% | $158.8M | 7.22% | $33.17 |
| Q4 2024 | 4,630,231 | 159,508 | -3.3% | $168.8M | 7.38% | $36.45 |
| Q3 2024 | 4,789,739 | 84,263 | -1.7% | $135.6M | 5.79% | $28.31 |
| Q2 2024 | 4,874,002 | 181,223 | -3.6% | $125.6M | 6.01% | $25.77 |
| Q1 2024 | 5,055,225 | +1,467,339 | +40.9% | $126.0M | 6.28% | $24.92 |
| Q4 2023 | 3,587,886 | — | — | $65.5M | 4.34% | $18.26 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did XN LP first disclose a TOST position in 13F-HR filings?
XN LP first reported TOAST INC (TOST) on its 13F-HR filing for the period ending 2023-12-31 (Q4 2023). The position has appeared on 10 reported quarters within Pactolio's tracked window.
What was XN LP's most recent quarter-over-quarter share-count change in TOST?
Between Q4 2025 and Q1 2026, XN LP reduced its TOST position by 2,478,462 shares (-27.6%), leaving 6,509,924 shares at a market value of $172.6M.
Does the implied price-per-share represent XN LP's cost basis in TOST?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.