Vault-13

AVIDXCHANGE HOLDINGS INC AVDX

COM · Common Stock · CUSIP 05368X102

160 institutional holders +4 vs Q1 2023
146,268,807146.3m shares reported held*
$1.5bnreported value*
34 new 67 added 41 reduced 29 sold out net bought ≈ $84.7m (+8.2m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $10.38. Options: 8 managers hold calls ($6.6m notional), 5 hold puts ($742.0k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 123Q4 22: 133Q1 23: 156Q2 23: 160160Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022123
Q4 2022133
Q1 2023156
Q2 2023160

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 76 bought or addedQ4 22: 46 cut or sold outQ4 22Q1 23: 85 bought or addedQ1 23: 57 cut or sold outQ1 23Q2 23: 101 bought or addedQ2 23: 70 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20227646
Q1 20238557
Q2 202310170

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2m$4m$6m$8mQ3 22 calls: $2.6mQ3 22 puts: $704.0kQ3 22P/C 0.27Q4 22 calls: $1.7mQ4 22 puts: $1.4mQ4 22P/C 0.84Q1 23 calls: $2.2mQ1 23 puts: $903.6kQ1 23P/C 0.41Q2 23 calls: $6.6mQ2 23 puts: $742.0kQ2 23P/C 0.11
Numbers
QuarterCallsPutsP/C
Q3 2022$2.6m$704.0k0.27
Q4 2022$1.7m$1.4m0.84
Q1 2023$2.2m$903.6k0.41
Q2 2023$6.6m$742.0k0.11

Biggest buyers

Senvest Management, LLC Added +3,947,982+3.9m
VANGUARD GROUP INC Added +2,945,015+2.9m
LORD, ABBETT & CO. LLC Added +1,722,792+1.7m
Azora Capital LP Added +1,691,722+1.7m
MORGAN STANLEY Added +1,430,404+1.4m
DEUTSCHE BANK AG\ Added +1,216,316+1.2m
INTRINSIC EDGE CAPITAL MANAGEMENT LLC Added +999,449+999.4k
TimesSquare Capital Management, LLC New +986,675+986.7k
TREMBLANT CAPITAL GROUP New +812,760+812.8k
VOLORIDGE INVESTMENT MANAGEMENT, LLC Added +722,846+722.8k

Biggest sellers

BAIN CAPITAL VENTURE INVESTORS, LLC Reduced -3,839,394-3.8m
Providence Equity Partners L.L.C. Sold out -1,841,665-1.8m
North Reef Capital Management LP Reduced -1,573,120-1.6m
FOUNDRY GROUP NEXT, LLC Reduced -1,032,964-1.0m
Biltmore Family Office, LLC Reduced -600,566-600.6k
FMR LLC Reduced -581,615-581.6k
GOLDMAN SACHS GROUP INC Reduced -487,786-487.8k
BANK OF AMERICA CORP /DE/ Reduced -475,203-475.2k
Sixth Street Partners Management Company, L.P. Reduced -465,843-465.8k
Cubist Systematic Strategies, LLC Reduced -410,343-410.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.0m192.7k shares
CITADEL ADVISORS LLC Added $1.3m124.0k shares
SIMPLEX TRADING, LLC Added $1.2m112.0k shares
JANE STREET GROUP, LLC Added $990.3k95.4k shares
GROUP ONE TRADING LLC Added $580.2k55.9k shares
PEAK6 Investments LLC Added $483.7k46.6k shares
Walleye Trading LLC New $83.0k8.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $280.3k27.0k shares
CSS LLC/IL New $274.0k26.4k shares
CITADEL ADVISORS LLC Added $183.7k17.7k shares
SIMPLEX TRADING, LLC Reduced $4.0k400 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
GLAZER CAPITAL, LLC 13G · passive investor new · filed 2025-10-10 6.1% new 12.6m 2025-10-10

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 17,574,70617.6m $182.4m $182.4m 0.00% Added +2.9m +2,945,015
2 BAIN CAPITAL VENTURE INVESTORS, LLC 90.07% of their portfolio Boston, MA 14,139,89814.1m $146.8m $146.8m 90.07% Reduced -3.8m -3,839,394
3 BlackRock Inc. 0.00% of their portfolio New York, NY 10,045,90710.0m $104.3m $104.3m 0.00% Reduced -74.7k -74,680
4 Senvest Management, LLC 3.33% of their portfolio New York, NY 9,734,3409.7m $101.0m $101.0m 3.33% Added +3.9m +3,947,982
5 MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio NEW YORK, NY 8,417,9228.4m $87.4m $87.4m 0.09% Added +329.4k +329,355
6 LORD, ABBETT & CO. LLC 0.15% of their portfolio JERSEY CITY, NJ 8,361,4808.4m $86.8m $86.8m 0.15% Added +1.7m +1,722,792
7 LONE PINE CAPITAL LLC 0.48% of their portfolio GREENWICH, CT 5,080,6325.1m $52.7m $52.7m 0.48% Unchanged
8 FOUNDRY GROUP NEXT, LLC 21.89% of their portfolio BOULDER, CO 4,000,0004.0m $41.5m $41.5m 21.89% Reduced -1.0m -1,032,964
9 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 3,487,0773.5m $36.2m $36.2m 0.01% Added +12.6k +12,597
10 Biltmore Family Office, LLC 7.31% of their portfolio CHARLOTTE, NC 3,331,3173.3m $34.6m $34.6m 7.31% Reduced -600.6k -600,566
11 Capital Research Global Investors 0.01% of their portfolio Los Angeles, CA 2,935,6352.9m $30.5m $30.5m 0.01% Unchanged
12 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,922,3132.9m $30.3m $30.3m 0.00% Added +245.4k +245,379
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,911,9142.9m $30.2m $30.2m 0.00% Added +170.0k +170,018
14 SAPPHIRE VENTURES, L.P. 16.52% of their portfolio Austin, TX 2,897,2482.9m $30.1m $30.1m 16.52% Unchanged
15 Tikvah Management LLC 9.72% of their portfolio Charlotte, NC 2,752,7982.8m $28.6m $28.6m 9.72% Unchanged
16 North Reef Capital Management LP 2.19% of their portfolio LAGUNA BEACH, CA 2,741,8802.7m $28.5m $28.5m 2.19% Reduced -1.6m -1,573,120
17 INTRINSIC EDGE CAPITAL MANAGEMENT LLC 2.19% of their portfolio CHICAGO, IL 2,715,5412.7m $28.2m $28.2m 2.19% Added +999.4k +999,449
18 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 2,667,5582.7m $27.7m $27.7m 0.01% Reduced -163.6k -163,624
19 PAR CAPITAL MANAGEMENT INC 0.90% of their portfolio BOSTON, MA 2,500,0002.5m $25.9m $25.9m 0.90% Unchanged
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,435,0302.4m $25.3m $25.3m 0.00% Added +1.4m +1,430,404
21 Azora Capital LP 4.96% of their portfolio MIAMI, FL 2,346,4292.3m $24.4m $24.4m 4.96% Added +1.7m +1,691,722
22 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 2,176,6442.2m $22.6m $22.6m 0.01% Added +508.4k +508,405
23 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 2,138,8682.1m $22.2m $22.2m 0.01% Added +44.2k +44,158
24 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 1,526,0041.5m $15.8m $15.8m 0.02% Reduced -212.1k -212,110
25 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 1,508,5901.5m $15.7m $15.7m 0.01% Added +1.2m +1,216,316
26 Sixth Street Partners Management Company, L.P. 1.32% of their portfolio Dallas, TX 1,397,5281.4m $14.5m $14.5m 1.32% Reduced -465.8k -465,843
27 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,363,5361.4m $14.2m $14.2m 0.00% Added +104.0k +104,008
28 FEDERATED HERMES, INC. 0.03% of their portfolio PITTSBURGH, PA 1,137,6191.1m $11.8m $11.8m 0.03% Added +310.9k +310,897
29 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 1,043,5541.0m $10.8m $10.8m 0.00% Added +23.5k +23,451
30 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 1,000,4001.0m $10.4m $10.4m 0.01% Added +531.9k +531,900
31 TimesSquare Capital Management, LLC 0.15% of their portfolio NEW YORK, NY 986,675986.7k $10.2m $10.2m 0.15% New
32 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 891,092891.1k $9.2m $9.2m 0.01% Reduced -371.7k -371,681
33 COMMON FUND FOR NONPROFIT ORGANIZATIONS 1.39% of their portfolio NORWALK, CT 847,405847.4k $8.8m $8.8m 1.39% Reduced -211.9k -211,851
34 TREMBLANT CAPITAL GROUP 0.94% of their portfolio WEST PALM BEACH, FL 812,760812.8k $8.4m $8.4m 0.94% New
35 NEXT CENTURY GROWTH INVESTORS LLC 0.76% of their portfolio PLYMOUTH, MN 755,928755.9k $7.8m $7.8m 0.76% Added +235.4k +235,447
36 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio JUPITER, FL 751,562751.6k $7.8m $7.8m 0.04% Added +722.8k +722,846
37 KING LUTHER CAPITAL MANAGEMENT CORP 0.03% of their portfolio FORT WORTH, TX 661,830661.8k $6.9m $6.9m 0.03% Added +115.0k +114,957
38 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 652,030652.0k $6.8m $6.8m 0.00% New
39 Alpha Square Group S LLC 5.32% of their portfolio NEW YORK, NY 566,639566.6k $5.9m $5.9m 5.32% Unchanged
40 FMR LLC 0.00% of their portfolio BOSTON, MA 549,425549.4k $5.7m $5.7m 0.00% Reduced -581.6k -581,615
41 Walleye Capital LLC 0.08% of their portfolio NEW YORK, NY 429,406429.4k $4.5m $4.5m 0.08% Added +429.2k +429,239
42 Verition Fund Management LLC 0.07% of their portfolio GREENWICH, CT 422,125422.1k $4.4m $4.4m 0.07% Added +362.0k +361,981
43 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 387,545387.5k $4.0m $4.0m 0.01% Added +25.8k +25,817
44 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 333,133333.1k $3.5m $3.5m 0.00% Reduced -8.5k -8,486
45 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 330,726330.7k $3.4m $3.4m 0.00% Added +145.7k +145,669
46 BROWN ADVISORY INC 0.01% of their portfolio BALTIMORE, MD 325,574325.6k $3.4m $3.4m 0.01% Reduced -23.5k -23,505
47 Hillsdale Investment Management Inc. 0.30% of their portfolio Toronto, A6 310,400310.4k $3.2m $3.2m 0.30% Reduced -120.1k -120,100
48 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 304,514304.5k $3.2m $3.2m 0.00% Reduced -475.2k -475,203
49 Swiss National Bank 0.00% of their portfolio ZURICH, V8 304,000304.0k $3.2m $3.2m 0.00% Added +196.8k +196,800
50 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 303,457303.5k $3.1m $3.1m 0.00% Reduced -487.8k -487,786
51 BlueMar Capital Management, LLC 2.83% of their portfolio Miami, FL 284,130284.1k $2.9m $2.9m 2.83% Reduced -24.8k -24,819
52 Coronation Fund Managers Ltd. 0.08% of their portfolio Cape Town, T3 283,118283.1k $2.9m $2.9m 0.08% New
53 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 282,154282.2k $2.9m $2.9m 0.01% New
54 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 281,961282.0k $2.9m $2.9m 0.01% Reduced -109.6k -109,633
55 Trexquant Investment LP 0.07% of their portfolio STAMFORD, CT 272,693272.7k $2.8m $2.8m 0.07% Added +41.5k +41,508
56 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 264,686264.7k $2.7m $2.7m 0.00% Added +48.2k +48,190
57 NORGES BANK 0.00% of their portfolio OSLO, Q8 262,700262.7k $2.7m $2.7m 0.00% Reduced -232.6k -232,600
58 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 247,247247.2k $2.6m $2.6m 0.01% New
59 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 226,909226.9k $2.4m $2.4m 0.00% Added +186.8k +186,803
60 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 214,535214.5k $2.2m $2.2m 0.01% Added +4.8k +4,814
61 Weiss Multi-Strategy Advisers LLC 0.05% of their portfolio NEW YORK, NY 207,094207.1k $2.1m $2.1m 0.05% New
62 Hapanowicz & Associates Financial Services, Inc 1.44% of their portfolio PITTSBURGH, PA 206,912206.9k $2.1m $2.1m 1.44% Unchanged
63 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 202,563202.6k $2.1m $2.1m 0.00% Added +6.8k +6,808
64 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.07% of their portfolio BALA CYNWYD, PA 193,815193.8k $2.0m $2.0m 0.07% Reduced -8.7k -8,746
65 CAROLINAS WEALTH CONSULTING LLC 0.38% of their portfolio CHARLOTTE, NC 185,274185.3k $1.9m $1.9m 0.38% Added +23.1k +23,112
66 Engineers Gate Manager LP 0.07% of their portfolio NEW YORK, NY 180,369180.4k $1.9m $1.9m 0.07% Added +135.3k +135,309
67 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 172,581172.6k $1.8m $1.8m 0.00% Added +74.4k +74,434
68 ExodusPoint Capital Management, LP 0.02% of their portfolio NEW YORK, NY 160,208160.2k $1.7m $1.7m 0.02% Reduced -15.5k -15,509
69 PDT Partners, LLC 0.23% of their portfolio New York, NY 159,614159.6k $1.7m $1.7m 0.23% Reduced -11.4k -11,434
70 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 152,320152.3k $1.6m $1.6m 0.00% Added +4.4k +4,378
71 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 148,200148.2k $1.5m $1.5m 0.00% Reduced -3.3k -3,253
72 ALGERT GLOBAL LLC 0.06% of their portfolio SAN FRANCISCO, CA 129,767129.8k $1.3m $1.3m 0.06% Added +20.7k +20,680
73 Quantbot Technologies LP 0.08% of their portfolio NEW YORK, NY 122,614122.6k $1.3m $1.3m 0.08% Added +95.2k +95,204
74 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio TORONTO, A6 118,700118.7k $1.2m $1.2m 0.01% New
75 Legal & General Group Plc 0.00% of their portfolio London, X0 117,611117.6k $1.2m $1.2m 0.00% Added +85.6k +85,580
76 UBS Group AG 0.00% of their portfolio ZURICH, V8 117,518117.5k $1.2m $1.2m 0.00% Added +65.3k +65,346
77 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 113,251113.3k $1.2m $1.2m 0.01% Reduced -410.3k -410,343
78 Lisanti Capital Growth, LLC 0.16% of their portfolio NEW YORK, NY 111,560111.6k $1.2m $1.2m 0.16% New
79 Horrell Capital Management, Inc. 0.34% of their portfolio LITTLE ROCK, AR 105,000105.0k $1.1m $1.1m 0.34% Unchanged
80 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 102,211102.2k $1.1m $1.1m 0.00% New
81 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 96,79196.8k $1.0m $1.0m 0.00% Added +95.4k +95,426
82 GSA CAPITAL PARTNERS LLP 0.09% of their portfolio LONDON, X0 86,71586.7k $900.0k $900.0k 0.09% New
83 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 84,66284.7k $878.8k $878.8k 0.00% Added +33.9k +33,869
84 HST Ventures, LLC 0.43% of their portfolio PARK CITY, UT 83,89683.9k $870.8k $870.8k 0.43% Unchanged
85 Providence Capital Advisors, LLC 0.21% of their portfolio CHARLOTTE, NC 81,03781.0k $841.2k $841.2k 0.21% Unchanged
86 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 78,85578.9k $818.5k $818.5k 0.01% Unchanged
87 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 76,90076.9k $798.0k $798.0k 0.00% Reduced -138.5k -138,500
88 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 76,75076.8k $796.7k $796.7k 0.00% Unchanged
89 Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio VANCOUVER, A1 73,48073.5k $762.7k $762.7k 0.00% Added +23.0k +22,992
90 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 71,94071.9k $746.7k $746.7k 0.00% Added +1.2k +1,183
91 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 65,94465.9k $684.5k $684.5k 0.00% Added +50.0k +49,982
92 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 65,26065.3k $509.0k $509.0k 0.00% Unchanged
93 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 61,63761.6k $639.8k $639.8k 0.00% Added +1.2k +1,242
94 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 60,44560.4k $627.4k $627.4k 0.00% Reduced -1.2k -1,213
95 Accretive Wealth Partners, LLC 0.34% of their portfolio PARSIPPANY, NJ 55,11655.1k $572.1k $572.1k 0.34% Unchanged
96 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 54,91154.9k $570.0k $570.0k 0.00% Reduced -33.9k -33,874
97 LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 53,49153.5k $555.2k $555.2k 0.00% Added +4.5k +4,548
98 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 51,46651.5k $534.2k $534.2k 0.00% Reduced -26.4k -26,392
99 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 51,04051.0k $529.8k $529.8k 0.00% New
100 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 48,31048.3k $502.0k $502.0k 0.00% Added +20.0k +19,992