We are live on ! Find out more
WAY

Waystar Holding Corp
WAY

226 hedge funds and large institutions have $5.15B invested in Waystar Holding Corp in 2025 Q1 according to their latest regulatory filings, with 81 funds opening new positions, 109 increasing their positions, 31 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

326% more first-time investments, than exits

New positions opened: 81 | Existing positions closed: 19

252% more repeat investments, than reductions

Existing positions increased: 109 | Existing positions reduced: 31

67% more funds holding in top 10

Funds holding in top 10: 6 → 10 (+4)

37% more funds holding

Funds holding: 165 → 226 (+61)

12% more capital invested

Capital invested by funds: $4.62B → $5.15B (+$536M)

7.01% more ownership

Funds ownership: 73.08% → 80.08% (+7%)

35% less call options, than puts

Call options by funds: $13.6M | Put options by funds: $21M

Holders
226
Holders Change
+61
Holders Change %
+36.97%
% of All Funds
3.03%
Holding in Top 10
10
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+66.67%
% of All Funds
0.13%
New
81
Increased
109
Reduced
31
Closed
19
Calls
$13.6M
Puts
$21M
Net Calls
-$7.47M
Net Calls Change
-$13.8M

Top Buyers

Rank Fund Capital Flow
1
William Blair Investment Management
William Blair Investment Management
Illinois
+$167M
2
Vanguard Group
Vanguard Group
Pennsylvania
+$123M
3
BlackRock
BlackRock
New York
+$101M
4
Fidelity Investments
Fidelity Investments
Massachusetts
+$84.6M
5
Invesco
Invesco
Georgia
+$79.9M

Top Sellers

Rank Fund Capital Flow
1
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board
Ontario, Canada
-$298M
2
BCI
Bain Capital Investors
Massachusetts
-$246M
3
FPM
Francisco Partners Management
California
-$178M
4
DM
Deerfield Management
New York
-$121M
5
Norges Bank
Norges Bank
Norway
-$68.7M
Name Holding Trade Value Shares
Change 		Change in
Stake
HRCM
26
Hood River Capital Management
Florida
$37.8M +$40M +1,011,502 New
AIM
27
Anatole Investment Management
Hong Kong
$34.3M +$36.4M +919,178 New
BGM
28
Burkehill Global Management
New York
$33.6M +$9.9M +250,000 +38%
Millennium Management
29
Millennium Management
New York
$32.7M +$15.7M +395,487 +82%
Northern Trust
30
Northern Trust
Illinois
$28.5M +$15.3M +386,357 +103%
Goldman Sachs
31
Goldman Sachs
New York
$27.9M +$3.49M +88,256 +13%
Two Sigma Advisers
32
Two Sigma Advisers
New York
$26.8M +$27.9M +704,200 +4,994%
OAM
33
Oberweis Asset Management
Illinois
$26.6M +$19.1M +481,740 +208%
Renaissance Technologies
34
Renaissance Technologies
New York
$25.2M +$25.6M +645,900 +2,323%
GCM
35
Ghisallo Capital Management
Massachusetts
$24.3M +$1.98M +50,000 +8%
Federated Hermes
36
Federated Hermes
Pennsylvania
$24.1M +$18.4M +464,736 +258%
Charles Schwab
37
Charles Schwab
California
$23M +$9.43M +238,118 +63%
AC
38
Avenir Corporation
Virginia
$23M +$965K +24,375 +4%
Morgan Stanley
39
Morgan Stanley
New York
$21.8M +$12.1M +306,454 +110%
Jennison Associates
40
Jennison Associates
New York
$21.4M -$8.23M -207,933 -27%
N
41
Nuveen
North Carolina
$20.5M +$1.65M +41,785 +8%
Balyasny Asset Management
42
Balyasny Asset Management
Illinois
$19.3M +$20.4M +515,772 New
SGM
43
Seven Grand Managers
New York
$18.7M +$13.9M +350,000 +233%
PCM
44
Penn Capital Management
Pennsylvania
$17.8M +$604K +15,257 +3%
SAM
45
Silvercrest Asset Management
New York
$17M -$6.58M -166,324 -27%
Janus Henderson Group
46
Janus Henderson Group
United Kingdom
$16.9M +$467K +11,808 +3%
Jacobs Levy Equity Management
47
Jacobs Levy Equity Management
New Jersey
$15.8M +$16.8M +423,911 New
WC
48
Westwind Capital
New Mexico
$15.5M +$16.4M +415,045 New
AI
49
Aperture Investors
New York
$14.1M +$15M +377,875 New
New York State Common Retirement Fund
50
New York State Common Retirement Fund
New York
$13.8M -$452K -11,408 -3%
1
2
3 4 5

WAY Hedge Fund Activity: Q1 2025 in Review

226 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Waystar Holding Corp (WAY) for Q1 2025, worth a combined $5.15B — up 12% from $4.62B a quarter earlier.

Buyers outnumbered sellers: 81 funds opened new WAY positions and 19 closed out — a net gain of 62 holders — while 109 added to existing stakes and 31 trimmed.

The largest buyer was William Blair Investment Management, opening a new position worth an estimated $167M. The largest seller was Canada Pension Plan Investment Board, cutting an estimated $298M.

  • 226 institutional investors held Waystar Holding Corp (WAY) as of Q1 2025, up from 165 in Q4 2024.
  • Funds reported $5.15B of Waystar Holding Corp stock for Q1 2025, up 12% quarter-over-quarter.
  • 81 funds opened new Waystar Holding Corp positions in Q1 2025 and 19 closed out, a net change of +62 holders.
  • The largest Waystar Holding Corp buyer in Q1 2025 was William Blair Investment Management, an estimated $167M added.
  • The largest Waystar Holding Corp seller in Q1 2025 was Canada Pension Plan Investment Board, an estimated $298M sold.

Based on aggregated 13F filings for Q1 2025.