Expensify
EXFY
97 hedge funds and large institutions have $88.2M invested in Expensify in 2025 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 35 increasing their positions, 25 reducing their positions, and 28 closing their positions.
4,118% more call options, than puts
Call options by funds: $717K | Put options by funds: $17K
40% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 25
2.39% more ownership
Funds ownership: 39.99% → 42.38% (+2.4%)
4% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 28
1% less funds holding
Funds holding: 98 → 97 (-1)
9% less capital invested
Capital invested by funds: $96.7M → $88.2M (-$8.46M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$7.22M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.98M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.94M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.67M |
| 5 |
CM
CastleKnight Management
New York
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.28M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.05M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.14M |
| 4 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$890K |
| 5 |
Jane Street
New York
|
-$761K |
EXFY Hedge Fund Activity: Q2 2025 in Review
97 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Expensify (EXFY) for Q2 2025, worth a combined $88.2M — down 8.8% from $96.7M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of EXFY and 27 opened new positions — a net loss of 1 holder — while 25 trimmed existing stakes and 35 added.
The largest buyer was BlackRock, adding an estimated $7.22M. The largest seller was Millennium Management, exiting entirely with an estimated $4.28M sold.
- 97 institutional investors held Expensify (EXFY) as of Q2 2025, down from 98 in Q1 2025.
- Funds reported $88.2M of Expensify stock for Q2 2025, down 8.8% quarter-over-quarter.
- 27 funds opened new Expensify positions in Q2 2025 and 28 closed out, a net change of -1 holder.
- The largest Expensify buyer in Q2 2025 was BlackRock, an estimated $7.22M added.
- The largest Expensify seller in Q2 2025 was Millennium Management, an estimated $4.28M sold.
Based on aggregated 13F filings for Q2 2025.