AvidXchange
AVDX
AVDX was delisted on the 14th of October, 2025.
170 hedge funds and large institutions have $1.44B invested in AvidXchange in 2023 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 67 increasing their positions, 45 reducing their positions, and 20 closing their positions.
204% more call options, than puts
Call options by funds: $1.73M | Put options by funds: $568K
60% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 20
49% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 45
7% more funds holding
Funds holding: 159 → 170 (+11)
4.35% more ownership
Funds ownership: 70.6% → 74.94% (+4.3%)
2% less capital invested
Capital invested by funds: $1.47B → $1.44B (-$35.6M)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
+$26.9M |
| 2 |
SCA
Southpoint Capital Advisors
New York
|
+$26.2M |
| 3 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
+$18.5M |
| 4 |
AI
Aperture Investors
New York
|
+$16.7M |
| 5 |
NAMA
Nikko Asset Management Americas
New York
|
+$15.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$42.5M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$23M |
| 3 |
ACL
Azora Capital LP
Miami,
Florida
|
-$18.8M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$14.2M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$12.2M |
AVDX Hedge Fund Activity: Q3 2023 in Review
170 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in AvidXchange (AVDX) for Q3 2023, worth a combined $1.44B — down 2.4% from $1.47B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new AVDX positions and 20 closed out — a net gain of 12 holders — while 67 added to existing stakes and 45 trimmed.
The largest buyer was Senvest Management, adding an estimated $26.9M. The largest seller was Millennium Management, cutting an estimated $42.5M.
- 170 institutional investors held AvidXchange (AVDX) as of Q3 2023, up from 159 in Q2 2023.
- Funds reported $1.44B of AvidXchange stock for Q3 2023, down 2.4% quarter-over-quarter.
- 32 funds opened new AvidXchange positions in Q3 2023 and 20 closed out, a net change of +12 holders.
- The largest AvidXchange buyer in Q3 2023 was Senvest Management, an estimated $26.9M added.
- The largest AvidXchange seller in Q3 2023 was Millennium Management, an estimated $42.5M sold.
Based on aggregated 13F filings for Q3 2023.