We are live on ! Find out more
EXFY icon

Expensify
EXFY

97 hedge funds and large institutions have $277M invested in Expensify in 2023 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 28 increasing their positions, 25 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

275% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 8

29% more funds holding

Funds holding: 75 → 97 (+22)

27% more call options, than puts

Call options by funds: $334K | Put options by funds: $263K

12% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 25

0.78% more ownership

Funds ownership: 48.99% → 49.77% (+0.78%)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

6% less capital invested

Capital invested by funds: $295M → $277M (-$18.4M)

Holders
97
Holders Change
+22
Holders Change %
+29.33%
% of All Funds
1.55%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
30
Increased
28
Reduced
25
Closed
8
Calls
$334K
Puts
$263K
Net Calls
+$71K
Net Calls Change
-$284K

Top Buyers

Rank Fund Capital Flow
1
Janus Henderson Group
Janus Henderson Group
United Kingdom
+$4.36M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$2.44M
3
Millennium Management
Millennium Management
New York
+$2.17M
4
KC
Kadensa Capital
Hong Kong
+$1.81M
5
FG
Formula Growth
Quebec, Canada
+$1.6M

Top Sellers

Rank Fund Capital Flow
1
DCP
Durable Capital Partners
Maryland
-$9.36M
2
LSCM
Light Street Capital Management
California
-$4.51M
3
KAH
Kathryn A. Hall
-$3.24M
4
BlackRock
BlackRock
New York
-$2.97M
5
Vanguard Group
Vanguard Group
Pennsylvania
-$1.48M
Name Holding Trade Value Shares
Change 		Change in
Stake
OR
76
Olympiad Research
Connecticut
$128K +$139K +15,668 New
DC
77
Diametric Capital
Massachusetts
$122K +$133K +14,945 New
GCP
78
GSA Capital Partners
United Kingdom
$119K +$130K +14,618 New
FRM
79
Fox Run Management
Connecticut
$118K +$129K +14,479 New
QT
80
Quantbot Technologies
New York
$115K +$122K +13,670 +2,854%
YIH
81
Y-Intercept (HK)
Hong Kong
$113K +$123K +13,817 New
California State Teachers Retirement System (CalSTRS)
82
California State Teachers Retirement System (CalSTRS)
California
$98K +$1.5K +168 +1%
Simplex Trading
83
Simplex Trading
Illinois
$96K +$105K +11,758 +10,405%
PCM
84
Parsons Capital Management
Rhode Island
$89.3K -$146K -16,438 -60%
AI
85
Atom Investors
Texas
$88.4K +$96.5K +10,841 New
EGM
86
Engineers Gate Manager
New York
$82.4K -$1.92K -216 -2%
Barclays
87
Barclays
United Kingdom
$75.9K +$82.9K +9,314 New
SOW
88
State of Wyoming
Wyoming
$55.2K -$16.2K -1,826 -21%
TRCT
89
Tower Research Capital (TRC)
New York
$23K +$21.7K +2,441 +699%
Royal Bank of Canada
90
Royal Bank of Canada
Ontario, Canada
$22K +$5.19K +583 +27%
Osaic Holdings
91
Osaic Holdings
Arizona
$21.9K -$2.76K -310 -10%
QL
92
Quarry LP
New York
$20.7K +$22.6K +2,543 New
UBS Group
93
UBS Group
Switzerland
$17K +$16K +1,801 +636%
NFSG
94
Newbridge Financial Services Group
Florida
$8.15K – – –
Wells Fargo
95
Wells Fargo
California
$5.79K -$908 -102 -13%
Citigroup
96
Citigroup
New York
$2.81K +$36 +4 +1%
SC
97
Stephens Consulting
Michigan
$815 – – –
Tudor Investment Corp
98
Tudor Investment Corp
Connecticut
– -$1.04M -117,797 Closed
LCM
99
Landscape Capital Management
New Jersey
– -$106K -12,039 Closed
CS
100
Credit Suisse
Switzerland
– -$80.3K -9,097 Closed
1 2 3
4
5

EXFY Hedge Fund Activity: Q1 2023 in Review

97 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Expensify (EXFY) for Q1 2023, worth a combined $277M — down 6.2% from $295M a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new EXFY positions and 8 closed out — a net gain of 22 holders — while 28 added to existing stakes and 25 trimmed.

The largest buyer was Janus Henderson Group, adding an estimated $4.36M. The largest seller was Durable Capital Partners, cutting an estimated $9.36M.

  • 97 institutional investors held Expensify (EXFY) as of Q1 2023, up from 75 in Q4 2022.
  • Funds reported $277M of Expensify stock for Q1 2023, down 6.2% quarter-over-quarter.
  • 30 funds opened new Expensify positions in Q1 2023 and 8 closed out, a net change of +22 holders.
  • The largest Expensify buyer in Q1 2023 was Janus Henderson Group, an estimated $4.36M added.
  • The largest Expensify seller in Q1 2023 was Durable Capital Partners, an estimated $9.36M sold.

Based on aggregated 13F filings for Q1 2023.