FGN
AVDX

Foundry Group Next’s AvidXchange AVDX Stock Holding History

Foundry Group Next’s Portfolio AVDX Stock Details AVDX Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q2 		– Sell
-2,486,791
Closed -$21.1M – 1
2025
Q1 		$21.1M Hold
2,486,791
– – 100% 1
2024
Q4 		$25.7M Hold
2,486,791
– – 100% 1
2024
Q3 		$20.2M Sell
2,486,791
-513,209
-17% -$4.83M 100% 1
2024
Q2 		$36.2M Hold
3,000,000
– – 100% 1
2024
Q1 		$39.5M Hold
3,000,000
– – 100% 1
2023
Q4 		$37.2M Hold
3,000,000
– – 15.31% 2
2023
Q3 		$28.4M Sell
3,000,000
-1,000,000
-25% -$10.5M 16.47% 2
2023
Q2 		$41.5M Sell
4,000,000
-1,032,964
-21% -$9.29M 21.89% 2
2023
Q1 		$39.3M Hold
5,032,964
– – 23.17% 2
2022
Q4 		$50M Buy
+5,032,964
New +$43.7M 25.91% 3

Other funds holding AVDX

Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
MF
Magnetar Financial Evanston, Illinois $9.84B AUM 190.64% 1-Year Est. Return
Fidelity International
Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return
GCL
Glazer Capital LLC New York $4.71B AUM 81.93% 1-Year Est. Return
NAM
Nexpoint Asset Management Dallas, Texas $1.49B AUM 61.08% 1-Year Est. Return
AA
AQR Arbitrage Greenwich, Connecticut $6.09B AUM 27.01% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return
TAL
TIG Advisors LLC New York $2.16B AUM 72.99% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Foundry Group Next's AVDX Position: Q2 2025 in Review

Foundry Group Next sold out of AvidXchange (AVDX) in Q2 2025, closing a stake of 2,486,791 shares — an estimated $21.1M sold.

Foundry Group Next first reported a position in AVDX in Q4 2022 and held it in 10 quarters. The position peaked at $50M in Q4 2022. 219 funds tracked by Wall St. Rank hold AVDX as of Q2 2025.

  • Foundry Group Next reported no remaining AvidXchange position as of Q2 2025 after selling out during the quarter.
  • Foundry Group Next sold 2,486,791 AvidXchange shares in Q2 2025, an estimated $21.1M.
  • Foundry Group Next first reported a position in AvidXchange in Q4 2022 and held it in 10 quarters.
  • Foundry Group Next's AvidXchange position peaked at $50M in Q4 2022.
  • 219 funds tracked by Wall St. Rank held AvidXchange as of Q2 2025.

Based on Foundry Group Next's 13F filing for Q2 2025.