Water Island Capital’s AvidXchange AVDX Stock Holding History

Water Island Capital’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 Q4	–	Sell	-2,882,867	Closed	-$28.7M	–	94
2025 Q3	$28.7M	Buy	2,882,867 +921,533	+47%	+$9.12M	3.62%	4
2025 Q2	$19.2M	Buy	+1,961,334	New	+$17.7M	2.74%	10

Other funds holding AVDX

IFP Advisors Tampa, Florida $5.54B AUM 27.43% 1-Year Est. Return

Water Island Capital's AVDX Position: Q4 2025 in Review

Water Island Capital sold out of AvidXchange (AVDX) in Q4 2025, closing a stake of 2,882,867 shares — an estimated $28.7M sold.

Water Island Capital first reported a position in AVDX in Q2 2025 and held it in 2 quarters. The position peaked at $28.7M in Q3 2025. 1 fund tracked by Wall St. Rank holds AVDX as of Q4 2025.

Water Island Capital reported no remaining AvidXchange position as of Q4 2025 after selling out during the quarter.
Water Island Capital sold 2,882,867 AvidXchange shares in Q4 2025, an estimated $28.7M.
Water Island Capital first reported a position in AvidXchange in Q2 2025 and held it in 2 quarters.
Water Island Capital's AvidXchange position peaked at $28.7M in Q3 2025.
1 fund tracked by Wall St. Rank held AvidXchange as of Q4 2025.

Based on Water Island Capital's 13F filing for Q4 2025, filed 17 Feb 2026.