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Expensify

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.

New
Increased
Maintained
Reduced
Closed

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: 7790 (+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: 10 (-1)

Holders
90
Holders Change
+13
Holders Change %
+16.88%
% of All Funds
1.19%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
27
Increased
37
Reduced
17
Closed
14
Calls
$546K
Puts
$48K
Net Calls
+$498K
Net Calls Change
+$428K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$11.7M +$359K +133,503 +4%
D.E. Shaw & Co
2
D.E. Shaw & Co
New York
$8.11M -$822K -305,540 -11%
Ameriprise
3
Ameriprise
Minnesota
$7.43M +$54.4K +20,224 +0.9%
Marshall Wace
4
Marshall Wace
United Kingdom
$4.82M +$1.62M +602,565 +72%
BlackRock
5
BlackRock
New York
$3.97M +$197K +73,362 +7%
Renaissance Technologies
6
Renaissance Technologies
New York
$3.23M -$976K -363,041 -27%
FG
7
Formula Growth
Quebec, Canada
$3.18M +$40.3K +15,000 +2%
TCM
8
Topline Capital Management
California
$3.09M +$2.48M +920,947 New
Morgan Stanley
9
Morgan Stanley
New York
$2.97M +$1.66M +617,381 +228%
Susquehanna International Group
10
Susquehanna International Group
Pennsylvania
$2.9M +$2.08M +774,271 +853%
Acadian Asset Management
11
Acadian Asset Management
Massachusetts
$2.88M +$1.83M +682,087 +381%
Two Sigma Investments
12
Two Sigma Investments
New York
$2.61M +$96.9K +36,049 +5%
Arrowstreet Capital
13
Arrowstreet Capital
Massachusetts
$2.54M +$512K +190,345 +34%
Millennium Management
14
Millennium Management
New York
$2.32M -$2.02M -752,625 -52%
CM
15
CastleKnight Management
New York
$2.23M +$433K +161,137 +32%
Goldman Sachs
16
Goldman Sachs
New York
$2.17M +$605K +224,831 +53%
Two Sigma Advisers
17
Two Sigma Advisers
New York
$2.03M +$336K +124,800 +26%
Connor, Clark & Lunn Investment Management (CC&L)
18
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$2.02M +$1.45M +537,993 +814%
PVM
19
Palogic Value Management
Texas
$1.85M -$872K -324,194 -37%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$1.83M +$80K +29,732 +6%
Qube Research & Technologies (QRT)
21
Qube Research & Technologies (QRT)
United Kingdom
$1.67M +$841K +312,834 +168%
IC
22
IEQ Capital
California
$1.56M
Citadel Advisors
23
Citadel Advisors
Florida
$1.52M -$1.98M -737,075 -62%
CI
24
Ceera Investments
Texas
$1.47M +$11.6K +4,330 +1%
RC
25
RBF Capital
California
$1.37M -$200K -74,413 -15%

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.