Waystar Holding Corp
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.
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$167M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$123M |
| 3 |
BlackRock
New York
|
+$101M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$84.6M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$79.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$298M |
| 2 |
BCI
Bain Capital Investors
Boston,
Massachusetts
|
-$246M |
| 3 |
FPM
Francisco Partners Management
San Francisco,
California
|
-$178M |
| 4 |
DM
Deerfield Management
New York
|
-$121M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$68.7M |
WAY Hedge Fund Activity: Q1 2025 in Review
226 of the 7,472 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.