Expensify
EXFY
88 hedge funds and large institutions have $56.2M invested in Expensify in 2024 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 31 increasing their positions, 31 reducing their positions, and 25 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 31
4.87% less ownership
Funds ownership: 48.11% → 43.24% (-4.9%)
12% less funds holding
Funds holding: 100 → 88 (-12)
32% less capital invested
Capital invested by funds: $82.2M → $56.2M (-$26.1M)
48% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 25
94% less call options, than puts
Call options by funds: $5K | Put options by funds: $86K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$1.35M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.24M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$905K |
| 4 |
PVM
Palogic Value Management
Dallas,
Texas
|
+$888K |
| 5 |
Renaissance Technologies
New York
|
+$683K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SW
SVB Wealth
Boston,
Massachusetts
|
-$8.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2.5M |
| 3 |
Millennium Management
New York
|
-$704K |
| 4 |
Walleye Capital
New York
|
-$430K |
| 5 |
BlackRock
New York
|
-$410K |
EXFY Hedge Fund Activity: Q1 2024 in Review
88 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Expensify (EXFY) for Q1 2024, worth a combined $56.2M — down 32% from $82.2M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of EXFY and 13 opened new positions — a net loss of 12 holders — while 31 trimmed existing stakes and 31 added.
The largest buyer was D.E. Shaw & Co, adding an estimated $1.35M. The largest seller was SVB Wealth, exiting entirely with an estimated $8.3M sold.
- 88 institutional investors held Expensify (EXFY) as of Q1 2024, down from 100 in Q4 2023.
- Funds reported $56.2M of Expensify stock for Q1 2024, down 32% quarter-over-quarter.
- 13 funds opened new Expensify positions in Q1 2024 and 25 closed out, a net change of -12 holders.
- The largest Expensify buyer in Q1 2024 was D.E. Shaw & Co, an estimated $1.35M added.
- The largest Expensify seller in Q1 2024 was SVB Wealth, an estimated $8.3M sold.
Based on aggregated 13F filings for Q1 2024.