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AVDX

AvidXchange

Delisted

AVDX was delisted on the 14th of October, 2025.

155 hedge funds and large institutions have $1.05B invested in AvidXchange in 2023 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 49 increasing their positions, 44 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

177% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 13

144% more call options, than puts

Call options by funds: $2.2M | Put options by funds: $904K

17% more funds holding

Funds holding: 132155 (+23)

11% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 44

1.8% less ownership

Funds ownership: 69.04%67.24% (-1.8%)

8% less funds holding in top 10

Funds holding in top 10: 1211 (-1)

23% less capital invested

Capital invested by funds: $1.36B → $1.05B (-$316M)

Holders
155
Holders Change
+23
Holders Change %
+17.42%
% of All Funds
2.47%
Holding in Top 10
11
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-8.33%
% of All Funds
0.18%
New
36
Increased
49
Reduced
44
Closed
13
Calls
$2.2M
Puts
$904K
Net Calls
+$1.3M
Net Calls Change
+$1.03M
Name Holding Trade Value Shares
Change
Change in
Stake
BCVI
1
Bain Capital Venture Investors
Massachusetts
$140M -$9.14M -950,000 -5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$114M +$13.3M +1,378,836 +10%
BlackRock
3
BlackRock
New York
$78.9M -$24M -2,494,253 -20%
Millennium Management
4
Millennium Management
New York
$63.1M +$2.21M +229,815 +3%
SM
5
Senvest Management
New York
$45.1M +$55.7M +5,786,358 New
LPC
6
Lone Pine Capital
Connecticut
$39.6M
FGN
7
Foundry Group Next
Colorado
$39.3M
NRCM
8
North Reef Capital Management
California
$33.7M +$5.89M +612,117 +17%
BFO
9
Biltmore Family Office
North Carolina
$30.7M -$41M -4,261,972 -52%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$27.1M +$9M +935,107 +37%
Lord, Abbett & Co
11
Lord, Abbett & Co
New Jersey
$25.9M -$15.5M -1,609,551 -33%
Capital Research Global Investors
12
Capital Research Global Investors
California
$22.9M -$39.1M -4,064,020 -58%
SV
13
Sapphire Ventures
Texas
$22.6M
N
14
Nuveen
North Carolina
$22.1M +$799K +83,098 +3%
TM
15
Tikvah Management
North Carolina
$21.5M
State Street
16
State Street
Massachusetts
$21.4M -$1.28M -133,289 -5%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$20.9M +$1.01M +104,777 +4%
PCM
18
PAR Capital Management
Massachusetts
$19.5M
Janus Henderson Group
19
Janus Henderson Group
United Kingdom
$16.3M -$23.9K -2,489 -0.1%
SSP
20
Sixth Street Partners
Texas
$14.5M
PEP
21
Providence Equity Partners
Rhode Island
$14.4M +$17.7M +1,841,665 New
Citadel Advisors
22
Citadel Advisors
Florida
$13.6M -$12.9M -1,344,694 -44%
IECM
23
Intrinsic Edge Capital Management
Illinois
$13.4M -$5.28M -549,082 -24%
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$13M +$14.2M +1,479,251 +783%
D.E. Shaw & Co
25
D.E. Shaw & Co
New York
$9.85M +$4.91M +510,740 +68%

AVDX Hedge Fund Activity: Q1 2023 in Review

155 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in AvidXchange (AVDX) for Q1 2023, worth a combined $1.05B — down 23% from $1.36B a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new AVDX positions and 13 closed out — a net gain of 23 holders — while 49 added to existing stakes and 44 trimmed.

The largest buyer was Senvest Management, opening a new position worth an estimated $55.7M. The largest seller was Biltmore Family Office, cutting an estimated $41M.

  • 155 institutional investors held AvidXchange (AVDX) as of Q1 2023, up from 132 in Q4 2022.
  • Funds reported $1.05B of AvidXchange stock for Q1 2023, down 23% quarter-over-quarter.
  • 36 funds opened new AvidXchange positions in Q1 2023 and 13 closed out, a net change of +23 holders.
  • The largest AvidXchange buyer in Q1 2023 was Senvest Management, an estimated $55.7M added.
  • The largest AvidXchange seller in Q1 2023 was Biltmore Family Office, an estimated $41M sold.

Based on aggregated 13F filings for Q1 2023.