P2P
AVDX

Phase 2 Partners’s AvidXchange AVDX Stock Holding History

Phase 2 Partners’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
2023
Q1 		– Sell
-1,858,599
Closed -$18.5M – 27
2022
Q4 		$18.5M Buy
1,858,599
+559,957
+43% +$4.86M 8.34% 2
2022
Q3 		$10.9M Buy
+1,298,642
New +$10.1M 5.19% 4

Other funds holding AVDX

BCVI
Bain Capital Venture Investors Boston, Massachusetts $175M AUM 21.91% 1-Year Est. Return
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
Millennium Management
Millennium Management New York $240B AUM 35.51% 1-Year Est. Return
SM
Senvest Management New York $3.01B AUM 35.7% 1-Year Est. Return
LPC
Lone Pine Capital Greenwich, Connecticut $12.5B AUM 54.4% 1-Year Est. Return
FGN
Foundry Group Next Boulder, Colorado $21.1M AUM 35.51% 1-Year Est. Return
NRCM
North Reef Capital Management Laguna Beach, California $2.91B AUM 11.03% 1-Year Est. Return
BFO
Biltmore Family Office Charlotte, North Carolina $716M AUM 21.09% 1-Year Est. Return
Bank of New York Mellon
Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Phase 2 Partners's AVDX Position: Q1 2023 in Review

Phase 2 Partners sold out of AvidXchange (AVDX) in Q1 2023, closing a stake of 1,858,599 shares — an estimated $18.5M sold.

Phase 2 Partners first reported a position in AVDX in Q3 2022 and held it in 2 quarters. The position peaked at $18.5M in Q4 2022. 155 funds tracked by Wall St. Rank hold AVDX as of Q1 2023.

  • Phase 2 Partners reported no remaining AvidXchange position as of Q1 2023 after selling out during the quarter.
  • Phase 2 Partners sold 1,858,599 AvidXchange shares in Q1 2023, an estimated $18.5M.
  • Phase 2 Partners first reported a position in AvidXchange in Q3 2022 and held it in 2 quarters.
  • Phase 2 Partners's AvidXchange position peaked at $18.5M in Q4 2022.
  • 155 funds tracked by Wall St. Rank held AvidXchange as of Q1 2023.

Based on Phase 2 Partners's 13F filing for Q1 2023, filed 15 May 2023.