Mar 31, 2026 filings. Quarterly 13F reports arrive up to 45 days after quarter end; this register is filed through May 29, 2026.
754 institutional managers reported holding TOL for the quarter ended Mar 31, 2026. Together they hold about 86% of shares outstanding; the top 10 hold 47%. 113 opened new positions; 79 closed out. Complete ranked register from SEC 13F filings.
| manager | shares | % out | value (Mar 31, 2026 close) | change | held since |
|---|---|---|---|---|---|
| BlackRock | 9.95M | 10.31% | $1.36B | trimmed -1.2% | ≤2013 |
| Vanguard Group | 9.19M | 9.53% | $1.26B | unchanged | ≤2013 |
| Greenhaven Associates INC (focused) | 5.65M | 5.85% | $770.8M | added +0.8% | 2016 Q1 |
| Capital Group (American Funds) | 5.21M | 5.40% | $711.1M | unchanged | 2018 Q2 |
| FMR (Fidelity) | 3.51M | 3.63% | $478.6M | added +5.8% | ≤2013 |
| State Street | 3.36M | 3.48% | $458.7M | unchanged | ≤2013 |
| Dimensional Fund Advisors | 2.99M | 3.10% | $408.3M | added +3.5% | ≤2013 |
| Geode Capital | 2.38M | 2.47% | $324.9M | added +3.1% | ≤2013 |
| AQR Capital | 1.77M | 1.83% | $241.2M | trimmed -19.7% | ≤2013 |
| Jennison Associates LLC | 1.42M | 1.47% | $193.7M | added +30.1% | 2020 Q2 |
| Goldman Sachs | 1.34M | 1.39% | $182.5M | added +18.1% | ≤2013 |
| Morgan Stanley | 1.27M | 1.32% | $173.9M | added +15.2% | ≤2013 |
| Citadel Advisors | 1.13M | 1.17% | $154.7M | added +7.4% | ≤2013 |
| Holocene Advisors | 1.06M | 1.10% | $144.7M | added +6.1% | 2024 Q4 |
| BNY Mellon | 1.03M | 1.07% | $141.0M | unchanged | ≤2013 |
| Bamco INC /NY/ | 932.0k | 0.97% | $127.3M | trimmed -20.1% | 2020 Q2 |
| Northern Trust | 855.6k | 0.89% | $116.8M | unchanged | ≤2013 |
| LSV Asset Management | 819.4k | 0.85% | $111.9M | trimmed -4% | 2017 Q4 |
| Millennium Management | 814.3k | 0.84% | $111.2M | added +58.6% | ≤2013 |
| Balyasny Asset Management | 809.6k | 0.84% | $110.5M | added +29.1% | 2022 Q1 |
| Victory Capital Management INC | 762.8k | 0.79% | $104.1M | trimmed -31% | 2019 Q3 |
| Bank OF America CORP /DE/ | 751.4k | 0.78% | $102.6M | trimmed -1% | ≤2013 |
| Charles Schwab Investment Management | 728.1k | 0.75% | $99.4M | added +3.4% | ≤2013 |
| UBS | 690.3k | 0.71% | $94.3M | added +9.4% | ≤2013 |
| First Trust Advisors LP | 598.1k | 0.62% | $81.7M | trimmed -0.8% | ≤2013 |
| Janus Henderson | 528.9k | 0.55% | $72.2M | added +13.3% | ≤2013 |
| Raymond James Financial INC | 518.1k | 0.54% | $70.7M | trimmed -5.7% | ≤2013 |
| Quantinno Capital Management LP | 497.8k | 0.52% | $68.0M | added +158.4% | 2023 Q1 |
| Qube Research & Technologies LTD | 479.4k | 0.50% | $65.5M | added +142.5% | 2022 Q3 |
| Two Sigma | 450.2k | 0.47% | $61.5M | trimmed -26.3% | 2020 Q2 |
| Pacer Advisors, INC. | 430.4k | 0.45% | $58.8M | added +3700.7% | 2020 Q3 |
| Invesco | 406.9k | 0.42% | $55.6M | added +50.3% | ≤2013 |
| Walleye Capital LLC | 406.1k | 0.42% | $55.5M | trimmed -14% | 2022 Q3 |
| Junto Capital Management LP | 393.0k | 0.41% | $53.7M | trimmed -2.6% | 2025 Q4 |
| T. Rowe Price | 392.8k | 0.41% | $53.6M | trimmed -88.1% | ≤2013 |
| Milford Funds LTD | 355.0k | 0.37% | $48.5M | added +223.7% | 2025 Q4 |
| Wells Fargo & COMPANY/MN | 338.8k | 0.35% | $46.3M | trimmed -7% | ≤2013 |
| Adage Capital Partners GP, L.l.c. | 330.0k | 0.34% | $45.1M | trimmed -22.2% | 2023 Q4 |
| Anchor Capital Advisors LLC | 327.1k | 0.34% | $44.7M | trimmed -3.8% | 2024 Q2 |
| Royal Bank OF Canada | 311.8k | 0.32% | $42.6M | added +29.7% | ≤2013 |
| Voloridge Investment Management | 308.9k | 0.32% | $42.2M | trimmed -54.5% | 2024 Q2 |
| Squarepoint Ops LLC | 290.1k | 0.30% | $39.6M | opened | 2026 Q1 |
| Basswood Capital Management, L.l.c. | 284.3k | 0.29% | $38.8M | trimmed -13.3% | 2019 Q2 |
| Point72 | 279.6k | 0.29% | $38.2M | added +83.6% | 2025 Q4 |
| Vaughan Nelson Investment Management, L.p. | 268.4k | 0.28% | $36.6M | added +2.3% | 2024 Q3 |
| Woodline Partners LP | 266.7k | 0.28% | $36.4M | added +77.2% | 2024 Q2 |
| Rhumbline Advisers | 256.6k | 0.27% | $35.0M | trimmed -4.1% | ≤2013 |
| Wealth Enhancement Advisory Services, LLC | 239.7k | 0.25% | $32.7M | trimmed -30.1% | 2023 Q3 |
| SG Americas Securities, LLC | 227.0k | 0.23% | $31.0M | added +19.2% | ≤2013 |
| Pictet Asset Management Holding SA | 226.8k | 0.23% | $31.0M | trimmed -17.5% | ≤2013 |
Largest 50 of 754 shown; the full ranked, searchable register is at boothcheck.com/holders/TOL. Related filers are grouped using the filings' own included-manager declarations. Historically, several managers opening new positions in the same quarter said almost nothing about the quarter that followed (59,118 cases since 2013). A filed record, not a forecast. Nothing here is investment advice.