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WAY

Waystar Holding Corp

268 hedge funds and large institutions have $5.9B invested in Waystar Holding Corp in 2025 Q2 according to their latest regulatory filings, with 70 funds opening new positions, 123 increasing their positions, 62 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

180% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 25

98% more repeat investments, than reductions

Existing positions increased: 123 | Existing positions reduced: 62

19% more funds holding

Funds holding: 226268 (+42)

15% more capital invested

Capital invested by funds: $5.15B → $5.9B (+$754M)

3.42% more ownership

Funds ownership: 80.08%83.5% (+3.4%)

0% more call options, than puts

Call options by funds: $28.5M | Put options by funds: $28.5M

40% less funds holding in top 10

Funds holding in top 10: 106 (-4)

Holders
268
Holders Change
+42
Holders Change %
+18.58%
% of All Funds
3.53%
Holding in Top 10
6
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-40%
% of All Funds
0.08%
New
70
Increased
123
Reduced
62
Closed
25
Calls
$28.5M
Puts
$28.5M
Net Calls
+$11K
Net Calls Change
+$7.48M
Name Holding Trade Value Shares
Change
Change in
Stake
HRCM
26
Hood River Capital Management
Florida
$41.5M +$125K +3,252 +0.3%
T. Rowe Price Associates
27
T. Rowe Price Associates
Maryland
$41.2M +$36.9M +958,313 +1,882%
JP Morgan Chase
28
JP Morgan Chase
New York
$40.3M -$14.9M -386,821 -28%
Deutsche Bank
29
Deutsche Bank
Germany
$37.4M +$32.9M +854,687 +1,388%
Millennium Management
30
Millennium Management
New York
$37.2M +$1.3M +33,827 +4%
Renaissance Technologies
31
Renaissance Technologies
New York
$35.2M +$7.21M +187,100 +28%
Jennison Associates
32
Jennison Associates
New York
$34.7M +$10.6M +275,902 +48%
Northern Trust
33
Northern Trust
Illinois
$33.7M +$2.41M +62,660 +8%
Federated Hermes
34
Federated Hermes
Pennsylvania
$32.8M +$6.05M +157,024 +24%
Morgan Stanley
35
Morgan Stanley
New York
$32.1M +$7.76M +201,470 +34%
Charles Schwab
36
Charles Schwab
California
$31.2M +$5.7M +147,991 +24%
OAM
37
Oberweis Asset Management
Illinois
$30.4M +$1.23M +31,940 +4%
Man Group
38
Man Group
United Kingdom
$29.9M +$24.6M +637,723 +681%
GCM
39
Ghisallo Capital Management
Massachusetts
$28.6M +$1.93M +50,000 +8%
Balyasny Asset Management
40
Balyasny Asset Management
Illinois
$27.4M +$5.99M +155,439 +30%
FGP
41
Freestone Grove Partners
California
$27.3M +$17.4M +451,016 +208%
AC
42
Avenir Corporation
Virginia
$26.9M +$1.67M +43,424 +7%
Janus Henderson Group
43
Janus Henderson Group
United Kingdom
$26.1M +$7.31M +189,728 +42%
N
44
Nuveen
North Carolina
$25.4M +$2.8M +72,809 +13%
FCM
45
Farallon Capital Management
California
$25.1M -$54.2M -1,407,000 -70%
SGM
46
Seven Grand Managers
New York
$24.5M +$3.85M +100,000 +20%
VOYA Investment Management
47
VOYA Investment Management
Georgia
$24M +$21.8M +566,269 +2,789%
Jane Street
48
Jane Street
New York
$21.4M +$19.5M +505,584 +2,862%
JF
49
Jump Financial
Illinois
$20.7M +$5.6M +145,415 +40%
Susquehanna International Group
50
Susquehanna International Group
Pennsylvania
$20.5M +$10.3M +266,567 +114%

WAY Hedge Fund Activity: Q2 2025 in Review

268 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Waystar Holding Corp (WAY) for Q2 2025, worth a combined $5.9B — up 15% from $5.15B a quarter earlier.

Buyers outnumbered sellers: 70 funds opened new WAY positions and 25 closed out — a net gain of 45 holders — while 123 added to existing stakes and 62 trimmed.

The largest buyer was AllianceBernstein, adding an estimated $123M. The largest seller was Canada Pension Plan Investment Board, cutting an estimated $182M.

  • 268 institutional investors held Waystar Holding Corp (WAY) as of Q2 2025, up from 226 in Q1 2025.
  • Funds reported $5.9B of Waystar Holding Corp stock for Q2 2025, up 15% quarter-over-quarter.
  • 70 funds opened new Waystar Holding Corp positions in Q2 2025 and 25 closed out, a net change of +45 holders.
  • The largest Waystar Holding Corp buyer in Q2 2025 was AllianceBernstein, an estimated $123M added.
  • The largest Waystar Holding Corp seller in Q2 2025 was Canada Pension Plan Investment Board, an estimated $182M sold.

Based on aggregated 13F filings for Q2 2025.