Keyboard shortcut for new editor (CTRL+N for me) collapses all regions on current editor?

Just wondering if there’s a reason that pressing CTRL+N while working in
an editor first collapses all regions in the current editor before creating the
new editor window.

It seems like a bug to me, but maybe it’s a configuration option I
haven’t found yet. I didn’t notice that behavior on previous Toad
builds.

Darren