Expensify
EXFY
100 hedge funds and large institutions have $83.5M invested in Expensify in 2023 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 44 increasing their positions, 27 reducing their positions, and 19 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 27
3.22% more ownership
Funds ownership: 45.66% → 48.88% (+3.2%)
4% less funds holding
Funds holding: 104 → 100 (-4)
16% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 19
18% less capital invested
Capital invested by funds: $102M → $83.5M (-$18M)
64% less call options, than puts
Call options by funds: $57K | Put options by funds: $157K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SW
SVB Wealth
Boston,
Massachusetts
|
+$3.39M |
| 2 |
D.E. Shaw & Co
New York
|
+$2.74M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$2.09M |
| 4 |
Morgan Stanley
New York
|
+$1.76M |
| 5 |
Millennium Management
New York
|
+$828K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAH
Kathryn A. Hall
|
-$5.45M |
| 2 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$4.46M |
| 3 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
-$577K |
| 4 |
SC
Shay Capital
New York
|
-$520K |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
-$408K |
EXFY Hedge Fund Activity: Q4 2023 in Review
100 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Expensify (EXFY) for Q4 2023, worth a combined $83.5M — down 18% from $102M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of EXFY and 16 opened new positions — a net loss of 3 holders — while 27 trimmed existing stakes and 44 added.
The largest buyer was SVB Wealth, adding an estimated $3.39M. The largest seller was Kathryn A. Hall, exiting entirely with an estimated $5.45M sold.
- 100 institutional investors held Expensify (EXFY) as of Q4 2023, down from 104 in Q3 2023.
- Funds reported $83.5M of Expensify stock for Q4 2023, down 18% quarter-over-quarter.
- 16 funds opened new Expensify positions in Q4 2023 and 19 closed out, a net change of -3 holders.
- The largest Expensify buyer in Q4 2023 was SVB Wealth, an estimated $3.39M added.
- The largest Expensify seller in Q4 2023 was Kathryn A. Hall, an estimated $5.45M sold.
Based on aggregated 13F filings for Q4 2023.