Expensify
EXFY
83 hedge funds and large institutions have $489M invested in Expensify in 2022 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 28 increasing their positions, 13 reducing their positions, and 10 closing their positions.
7,443% more call options, than puts
Call options by funds: $528K | Put options by funds: $7K
190% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 10
115% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 13
28% more funds holding
Funds holding: 65 → 83 (+18)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.22% less ownership
Funds ownership: 48.36% → 48.15% (-0.22%)
16% less capital invested
Capital invested by funds: $585M → $489M (-$96.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$26.7M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$13.1M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$11.5M |
| 4 |
BlackRock
New York
|
+$9.57M |
| 5 |
Millennium Management
New York
|
+$8.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SW
SVB Wealth
Boston,
Massachusetts
|
-$54.5M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$37.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$6.87M |
| 4 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$6.51M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$3.98M |
EXFY Hedge Fund Activity: Q3 2022 in Review
83 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Expensify (EXFY) for Q3 2022, worth a combined $489M — down 16% from $585M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new EXFY positions and 10 closed out — a net gain of 19 holders — while 28 added to existing stakes and 13 trimmed.
The largest buyer was Vanguard Group, adding an estimated $26.7M. The largest seller was SVB Wealth, exiting entirely with an estimated $54.5M sold.
- 83 institutional investors held Expensify (EXFY) as of Q3 2022, up from 65 in Q2 2022.
- Funds reported $489M of Expensify stock for Q3 2022, down 16% quarter-over-quarter.
- 29 funds opened new Expensify positions in Q3 2022 and 10 closed out, a net change of +19 holders.
- The largest Expensify buyer in Q3 2022 was Vanguard Group, an estimated $26.7M added.
- The largest Expensify seller in Q3 2022 was SVB Wealth, an estimated $54.5M sold.
Based on aggregated 13F filings for Q3 2022.