Expensify
EXFY
90 hedge funds and large institutions have $100M invested in Expensify in 2024 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 37 increasing their positions, 17 reducing their positions, and 14 closing their positions.
1,038% more call options, than puts
Call options by funds: $546K | Put options by funds: $48K
118% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 17
94% more capital invested
Capital invested by funds: $51.8M → $100M (+$48.5M)
93% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 14
17% more funds holding
Funds holding: 77 → 90 (+13)
4.35% more ownership
Funds ownership: 34.44% → 38.78% (+4.3%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.08M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.83M |
| 3 |
Morgan Stanley
New York
|
+$1.66M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$1.62M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$2.3M |
| 2 |
Millennium Management
New York
|
-$2.02M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.98M |
| 4 |
Renaissance Technologies
New York
|
-$976K |
| 5 |
Walleye Capital
New York
|
-$957K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NA
101
NewEdge Advisors
New Orleans,
Louisiana
| – | -$4.27K | -2,180 | Closed |
|
102
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1.53K | -568 | -79% |
|
103
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$270 | -138 | Closed |
|
|
CPA
104
Capital Performance Advisors
Walnut Creek,
California
| – | -$49 | -25 | Closed |
|
EXFY Hedge Fund Activity: Q4 2024 in Review
90 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Expensify (EXFY) for Q4 2024, worth a combined $100M — up 94% from $51.8M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new EXFY positions and 14 closed out — a net gain of 13 holders — while 37 added to existing stakes and 17 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $2.08M. The largest seller was Baillie Gifford & Co, cutting an estimated $2.3M.
- 90 institutional investors held Expensify (EXFY) as of Q4 2024, up from 77 in Q3 2024.
- Funds reported $100M of Expensify stock for Q4 2024, up 94% quarter-over-quarter.
- 27 funds opened new Expensify positions in Q4 2024 and 14 closed out, a net change of +13 holders.
- The largest Expensify buyer in Q4 2024 was Susquehanna International Group, an estimated $2.08M added.
- The largest Expensify seller in Q4 2024 was Baillie Gifford & Co, an estimated $2.3M sold.
Based on aggregated 13F filings for Q4 2024.