AvidXchange
AVDX
AVDX was delisted on the 14th of October, 2025.
132 hedge funds and large institutions have $1.36B invested in AvidXchange in 2022 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 50 increasing their positions, 28 reducing their positions, and 18 closing their positions.
79% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 28
61% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 18
19% more call options, than puts
Call options by funds: $1.68M | Put options by funds: $1.41M
13% more capital invested
Capital invested by funds: $1.2B → $1.36B (+$162M)
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
7% more funds holding
Funds holding: 123 → 132 (+9)
2.91% less ownership
Funds ownership: 71.96% → 69.04% (-2.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$26.5M |
| 2 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
+$22.9M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$14.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$9.64M |
| 5 |
BlackRock
New York
|
+$8.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$97.5M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$20M |
| 3 |
Morgan Stanley
New York
|
-$19.8M |
| 4 |
SM
SCGE Management
Menlo Park,
California
|
-$17.2M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$11.6M |
AVDX Hedge Fund Activity: Q4 2022 in Review
132 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in AvidXchange (AVDX) for Q4 2022, worth a combined $1.36B — up 13% from $1.2B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new AVDX positions and 18 closed out — a net gain of 11 holders — while 50 added to existing stakes and 28 trimmed.
The largest buyer was Millennium Management, adding an estimated $26.5M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), exiting entirely with an estimated $97.5M sold.
- 132 institutional investors held AvidXchange (AVDX) as of Q4 2022, up from 123 in Q3 2022.
- Funds reported $1.36B of AvidXchange stock for Q4 2022, up 13% quarter-over-quarter.
- 29 funds opened new AvidXchange positions in Q4 2022 and 18 closed out, a net change of +11 holders.
- The largest AvidXchange buyer in Q4 2022 was Millennium Management, an estimated $26.5M added.
- The largest AvidXchange seller in Q4 2022 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $97.5M sold.
Based on aggregated 13F filings for Q4 2022.