Flywire
FLYW
200 hedge funds and large institutions have $1.5B invested in Flywire in 2025 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 71 increasing their positions, 60 reducing their positions, and 49 closing their positions.
29% more call options, than puts
Call options by funds: $6.86M | Put options by funds: $5.32M
22% more capital invested
Capital invested by funds: $1.23B → $1.5B (+$273M)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
18% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 60
4.35% more ownership
Funds ownership: 87.86% → 92.21% (+4.3%)
6% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 49
2% less funds holding
Funds holding: 204 → 200 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$35.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$30.5M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$26.2M |
| 4 |
CCM
Cadian Capital Management
New York
|
+$19.1M |
| 5 |
VC
Voss Capital
Houston,
Texas
|
+$18.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACL
Azora Capital LP
Miami,
Florida
|
-$33.4M |
| 2 |
MGP
M&G plc
London,
United Kingdom
|
-$12.7M |
| 3 |
D.E. Shaw & Co
New York
|
-$9.4M |
| 4 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
-$7.79M |
| 5 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$7.45M |
FLYW Hedge Fund Activity: Q3 2025 in Review
200 of the 7,641 institutional investors tracked by Wall St. Rank reported a position in Flywire (FLYW) for Q3 2025, worth a combined $1.5B — up 22% from $1.23B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of FLYW and 46 opened new positions — a net loss of 3 holders — while 60 trimmed existing stakes and 71 added.
The largest buyer was Mangrove Partners, opening a new position worth an estimated $35.7M. The largest seller was Azora Capital LP, exiting entirely with an estimated $33.4M sold.
- 200 institutional investors held Flywire (FLYW) as of Q3 2025, down from 204 in Q2 2025.
- Funds reported $1.5B of Flywire stock for Q3 2025, up 22% quarter-over-quarter.
- 46 funds opened new Flywire positions in Q3 2025 and 49 closed out, a net change of -3 holders.
- The largest Flywire buyer in Q3 2025 was Mangrove Partners, an estimated $35.7M added.
- The largest Flywire seller in Q3 2025 was Azora Capital LP, an estimated $33.4M sold.
Based on aggregated 13F filings for Q3 2025.