Expensify
EXFY
104 hedge funds and large institutions have $26.4M invested in Expensify in 2026 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 37 increasing their positions, 31 reducing their positions, and 26 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 31
0.69% more ownership
Funds ownership: 36.87% → 37.56% (+0.69%)
5% less funds holding
Funds holding: 109 → 104 (-5)
15% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 26
41% less capital invested
Capital invested by funds: $45M → $26.4M (-$18.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Verition Fund Management
Greenwich,
Connecticut
|
+$2.79M |
| 2 |
PVM
Palogic Value Management
Dallas,
Texas
|
+$1.33M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$789K |
| 4 |
PFCS
Pale Fire Capital SE
Prague,
Czech Republic
|
+$571K |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$261K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.18M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$620K |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$564K |
| 4 |
Morgan Stanley
New York
|
-$307K |
| 5 |
XT
XTX Topco
George Town,
Cayman Islands
|
-$289K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
C
126
Covestor
London,
United Kingdom
| – | -$2K | -1,567 | Closed |
|
|
PA
127
Parallel Advisors
San Francisco,
California
| – | -$151 | -100 | Closed |
|
128
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$76 | -50 | Closed |
|
129
Rockefeller Capital Management
New York
| – | -$15 | -10 | Closed |
|
|
CA
130
Clearstead Advisors
Cleveland,
Ohio
| – | -$4 | -2 | Closed |
|
EXFY Hedge Fund Activity: Q1 2026 in Review
104 of the 8,128 institutional investors tracked by Wall St. Rank reported a position in Expensify (EXFY) for Q1 2026, worth a combined $26.4M — down 41% from $45M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of EXFY and 22 opened new positions — a net loss of 4 holders — while 31 trimmed existing stakes and 37 added.
The largest buyer was Verition Fund Management, opening a new position worth an estimated $2.79M. The largest seller was Ameriprise, cutting an estimated $2.18M.
- 104 institutional investors held Expensify (EXFY) as of Q1 2026, down from 109 in Q4 2025.
- Funds reported $26.4M of Expensify stock for Q1 2026, down 41% quarter-over-quarter.
- 22 funds opened new Expensify positions in Q1 2026 and 26 closed out, a net change of -4 holders.
- The largest Expensify buyer in Q1 2026 was Verition Fund Management, an estimated $2.79M added.
- The largest Expensify seller in Q1 2026 was Ameriprise, an estimated $2.18M sold.
Based on aggregated 13F filings for Q1 2026.