Flywire
FLYW
205 hedge funds and large institutions have $1.23B invested in Flywire in 2025 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 82 increasing their positions, 74 reducing their positions, and 62 closing their positions.
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
75% more call options, than puts
Call options by funds: $9.5M | Put options by funds: $5.43M
11% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 74
2.04% more ownership
Funds ownership: 85.83% → 87.86% (+2%)
6% more capital inflows, than outflows
Capital inflows: $271M | Capital outflows: $256M
14% less funds holding
Funds holding: 238 → 205 (-33)
53% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 62
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Voss Capital
Houston,
Texas
|
+$52.6M |
| 2 |
Divisadero Street Capital Management
Miami,
Florida
|
+$31.2M |
| 3 |
D.E. Shaw & Co
New York
|
+$29.5M |
| 4 |
Azora Capital LP
Miami,
Florida
|
+$29M |
| 5 |
Cadian Capital Management
New York
|
+$27.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wasatch Advisors
Salt Lake City,
Utah
|
-$25.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$21.3M |
| 3 |
GW&K Investment Management
Boston,
Massachusetts
|
-$20M |
| 4 |
Jennison Associates
New York
|
-$14.8M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
-$14.2M |
FLYW Hedge Fund Activity: Q2 2025 in Review
205 of the 7,628 institutional investors tracked by Wall St. Rank reported a position in Flywire (FLYW) for Q2 2025, worth a combined $1.23B — up 22% from $1.01B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of FLYW and 29 opened new positions — a net loss of 33 holders — while 74 trimmed existing stakes and 82 added.
The largest buyer was Voss Capital, adding an estimated $52.6M. The largest seller was Wasatch Advisors, exiting entirely with an estimated $25.5M sold.
- 205 institutional investors held Flywire (FLYW) as of Q2 2025, down from 238 in Q1 2025.
- Funds reported $1.23B of Flywire stock for Q2 2025, up 22% quarter-over-quarter.
- 29 funds opened new Flywire positions in Q2 2025 and 62 closed out, a net change of -33 holders.
- The largest Flywire buyer in Q2 2025 was Voss Capital, an estimated $52.6M added.
- The largest Flywire seller in Q2 2025 was Wasatch Advisors, an estimated $25.5M sold.
Based on aggregated 13F filings for Q2 2025.