Vault-13

AVIDXCHANGE HOLDINGS INC AVDX

COM · Common Stock · CUSIP 05368X102

187 institutional holders +16 vs Q3 2023
175,067,274175.1m shares reported held*
$2.2bnreported value*
35 new 64 added 48 reduced 25 sold out net bought ≈ $196.1m (+15.8m 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 ($957.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $12.39. Options: 10 managers hold calls ($9.8m notional), 6 hold puts ($2.2m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 123Q4 22: 133Q1 23: 156Q2 23: 160Q3 23: 171Q4 23: 187187Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022123
Q4 2022133
Q1 2023156
Q2 2023160
Q3 2023171
Q4 2023187

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 23Q3 23: 98 bought or addedQ3 23: 65 cut or sold outQ3 23Q4 23: 99 bought or addedQ4 23: 73 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20227646
Q1 20238557
Q2 202310170
Q3 20239865
Q4 20239973

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ1 23 calls: $2.2mQ1 23 puts: $903.6kQ1 23P/C 0.41Q2 23 calls: $6.6mQ2 23 puts: $742.0kQ2 23P/C 0.11Q3 23 calls: $1.7mQ3 23 puts: $567.9kQ3 23P/C 0.33Q4 23 calls: $9.8mQ4 23 puts: $2.2mQ4 23P/C 0.23
Numbers
QuarterCallsPutsP/C
Q1 2023$2.2m$903.6k0.41
Q2 2023$6.6m$742.0k0.11
Q3 2023$1.7m$567.9k0.33
Q4 2023$9.8m$2.2m0.23

Biggest buyers

MORGAN STANLEY Added +10,051,263+10.1m
JPMORGAN CHASE & CO Added +8,474,610+8.5m
Greenhouse Funds LLLP New +2,639,877+2.6m
INTRINSIC EDGE CAPITAL MANAGEMENT LLC Added +1,237,508+1.2m
BlackRock Inc. Added +994,670+994.7k
Rockefeller Capital Management L.P. New +963,358+963.4k
Granite Investment Partners, LLC New +722,281+722.3k
DIMENSIONAL FUND ADVISORS LP Added +587,692+587.7k
Gillson Capital LP Added +556,066+556.1k
Point72 Asset Management, L.P. Added +488,800+488.8k

Biggest sellers

Senvest Management, LLC Reduced -2,622,531-2.6m
Southpoint Capital Advisors LP Sold out -2,500,000-2.5m
BAIN CAPITAL VENTURE INVESTORS, LLC Reduced -2,500,000-2.5m
MILLENNIUM MANAGEMENT LLC Reduced -1,838,522-1.8m
Tikvah Management LLC Reduced -865,980-866.0k
RENAISSANCE TECHNOLOGIES LLC Reduced -683,200-683.2k
VANGUARD GROUP INC Reduced -591,082-591.1k
Rivermont Capital Management LP Sold out -578,807-578.8k
VOLORIDGE INVESTMENT MANAGEMENT, LLC Reduced -552,376-552.4k
Sixth Street Partners Management Company, L.P. Sold out -465,842-465.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $4.5m364.7k shares
CITADEL ADVISORS LLC Added $1.7m139.1k shares
TORNO CAPITAL, LLC First filing $1.2m100.0k shares
Caption Management, LLC New $929.2k75.0k shares
GROUP ONE TRADING LLC Added $657.9k53.1k shares
SIMPLEX TRADING, LLC Added $453.0k36.6k shares
Parallax Volatility Advisers, L.P. New $262.7k21.2k shares
Walleye Trading LLC New $38.4k3.1k shares
PEAK6 Investments LLC New $5.0k400 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

PEAK6 Investments LLC New $1.4m112.1k shares
CITADEL ADVISORS LLC Added $526.6k42.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $225.5k18.2k shares
SIMPLEX TRADING, LLC Added $85.0k6.9k shares
Walleye Trading LLC New $13.6k1.1k 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 17,890,92917.9m $221.7m $221.7m 0.00% Reduced -591.1k -591,082
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 11,945,50611.9m $148.0m $148.0m 0.01% Added +10.1m +10,051,263
3 BlackRock Inc. 0.00% of their portfolio New York, NY 11,665,96011.7m $144.5m $144.5m 0.00% Added +994.7k +994,670
4 BAIN CAPITAL VENTURE INVESTORS, LLC 92.19% of their portfolio Boston, MA 11,639,89811.6m $144.2m $144.2m 92.19% Reduced -2.5m -2,500,000
5 LORD, ABBETT & CO. LLC 0.25% of their portfolio JERSEY CITY, NJ 11,201,89811.2m $138.8m $138.8m 0.25% Added +396.3k +396,330
6 Senvest Management, LLC 4.61% of their portfolio New York, NY 9,675,6959.7m $119.9m $119.9m 4.61% Reduced -2.6m -2,622,531
7 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 8,761,6408.8m $108.6m $108.6m 0.01% Added +8.5m +8,474,610
8 LONE PINE CAPITAL LLC 0.54% of their portfolio GREENWICH, CT 5,080,6325.1m $62.9m $62.9m 0.54% Unchanged
9 North Reef Capital Management LP 3.25% of their portfolio LAGUNA BEACH, CA 4,497,8004.5m $55.7m $55.7m 3.25% Reduced -12.2k -12,200
10 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 4,309,5314.3m $53.4m $53.4m 0.01% Reduced -312.3k -312,275
11 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 3,864,7253.9m $47.9m $47.9m 0.01% Added +587.7k +587,692
12 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 3,550,8773.6m $44.0m $44.0m 0.00% Added +183.0k +183,026
13 Biltmore Family Office, LLC 8.50% of their portfolio CHARLOTTE, NC 3,331,2973.3m $41.3m $41.3m 8.50% Reduced -20 -20
14 Capital Research Global Investors 0.01% of their portfolio Los Angeles, CA 3,310,6353.3m $41.0m $41.0m 0.01% Unchanged
15 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 3,242,9623.2m $40.2m $40.2m 0.00% Added +193.4k +193,391
16 FOUNDRY GROUP NEXT, LLC 15.31% of their portfolio BOULDER, CO 3,000,0003.0m $37.2m $37.2m 15.31% Unchanged
17 SAPPHIRE VENTURES, L.P. 21.52% of their portfolio Austin, TX 2,897,2482.9m $35.9m $35.9m 21.52% Unchanged
18 INTRINSIC EDGE CAPITAL MANAGEMENT LLC 3.69% of their portfolio CHICAGO, IL 2,785,4452.8m $34.5m $34.5m 3.69% Added +1.2m +1,237,508
19 PAR CAPITAL MANAGEMENT INC 1.12% of their portfolio BOSTON, MA 2,750,0002.8m $34.1m $34.1m 1.12% Added +250.0k +250,000
20 Greenhouse Funds LLLP 2.22% of their portfolio BALTIMORE, MD 2,639,8772.6m $32.7m $32.7m 2.22% New
21 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 2,521,2262.5m $31.2m $31.2m 0.03% Reduced -1.8m -1,838,522
22 JANUS HENDERSON GROUP PLC 0.02% of their portfolio LONDON, X0 2,463,6332.5m $30.5m $30.5m 0.02% Added +330.3k +330,272
23 Unisphere Establishment 0.26% of their portfolio VADUZ, N2 2,040,3162.0m $25.3m $25.3m 0.26% First filing
24 TREMBLANT CAPITAL GROUP 2.67% of their portfolio WEST PALM BEACH, FL 1,887,0341.9m $23.4m $23.4m 2.67% Added +381.3k +381,260
25 Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio CHIYODA-KU, TOKYO, M0 1,877,5361.9m $23.3m $23.3m 0.02% Added +372.3k +372,291
26 Amova Asset Management Americas, Inc. 0.22% of their portfolio New York, NY 1,877,5361.9m $23.3m $23.3m 0.22% Added +372.3k +372,291
27 TimesSquare Capital Management, LLC 0.34% of their portfolio NEW YORK, NY 1,845,8491.8m $22.9m $22.9m 0.34% Reduced -156.2k -156,151
28 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio Boston, MA 1,783,2751.8m $22.1m $22.1m 0.01% Added +352.5k +352,540
29 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,655,5511.7m $20.5m $20.5m 0.00% Added +211.8k +211,845
30 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 1,646,0961.6m $20.4m $20.4m 0.01% Added +392.5k +392,462
31 Tikvah Management LLC 6.05% of their portfolio Charlotte, NC 1,421,8181.4m $17.6m $17.6m 6.05% Reduced -866.0k -865,980
32 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 1,288,1731.3m $16.0m $16.0m 0.00% Added +23.5k +23,506
33 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 1,224,5221.2m $15.2m $15.2m 0.00% Added +20.0k +19,956
34 Aperture Investors, LLC 2.67% of their portfolio New York, NY 1,221,7591.2m $15.1m $15.1m 2.67% Reduced -373.9k -373,900
35 ARK Investment Management LLC 0.08% of their portfolio ST. PETERSBURG, FL 1,109,5121.1m $13.7m $13.7m 0.08% Added +101.9k +101,878
36 Rockefeller Capital Management L.P. 0.04% of their portfolio NEW YORK, NY 963,358963.4k $11.9m $11.9m 0.04% New
37 FEDERATED HERMES, INC. 0.03% of their portfolio PITTSBURGH, PA 954,730954.7k $11.8m $11.8m 0.03% Reduced -295.8k -295,776
38 Granite Investment Partners, LLC 0.35% of their portfolio EL SEGUNDO, CA 722,281722.3k $8.9m $8.9m 0.35% New
39 Coronation Fund Managers Ltd. 0.24% of their portfolio Cape Town, T3 699,628699.6k $8.7m $8.7m 0.24% Added +207.9k +207,873
40 KING LUTHER CAPITAL MANAGEMENT CORP 0.04% of their portfolio FORT WORTH, TX 680,097680.1k $8.4m $8.4m 0.04% Added +4.6k +4,576
41 COMMON FUND FOR NONPROFIT ORGANIZATIONS 1.40% of their portfolio NORWALK, CT 635,554635.6k $7.9m $7.9m 1.40% Reduced -211.9k -211,851
42 Gillson Capital LP 0.81% of their portfolio CHICAGO, IL 619,893619.9k $7.7m $7.7m 0.81% Added +556.1k +556,066
43 FMR LLC 0.00% of their portfolio BOSTON, MA 590,660590.7k $7.3m $7.3m 0.00% Reduced -10.1k -10,142
44 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio JUPITER, FL 582,085582.1k $7.2m $7.2m 0.03% Reduced -552.4k -552,376
45 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 566,977567.0k $7.0m $7.0m 0.00% Reduced -19.4k -19,402
46 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 564,100564.1k $7.0m $7.0m 0.01% Reduced -683.2k -683,200
47 UBS Group AG 0.00% of their portfolio ZURICH, V8 548,954549.0k $6.8m $6.8m 0.00% Added +446.9k +446,949
48 Alpha Square Group S LLC 7.66% of their portfolio NEW YORK, NY 526,639526.6k $6.5m $6.5m 7.66% Reduced -20.0k -20,000
49 Point72 Asset Management, L.P. 0.02% of their portfolio STAMFORD, CT 502,700502.7k $6.2m $6.2m 0.02% Added +488.8k +488,800
50 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 464,966465.0k $5.8m $5.8m 0.00% Reduced -6.8k -6,782
51 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 455,634455.6k $5.6m $5.6m 0.00% Reduced -19.2k -19,174
52 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 406,337406.3k $5.0m $5.0m 0.00% Added +252.4k +252,379
53 Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio VANCOUVER, A1 389,235389.2k $4.8m $4.8m 0.02% Added +159.5k +159,519
54 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio TORONTO, A6 372,595372.6k $4.6m $4.6m 0.02% Added +100.6k +100,595
55 BROWN ADVISORY INC 0.01% of their portfolio BALTIMORE, MD 350,269350.3k $4.3m $4.3m 0.01% Added +21.0k +20,998
56 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 312,996313.0k $3.9m $3.9m 0.00% Reduced -21.5k -21,530
57 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 309,563309.6k $3.8m $3.8m 0.01% Unchanged
58 Swiss National Bank 0.00% of their portfolio ZURICH, V8 298,800298.8k $3.7m $3.7m 0.00% Reduced -33.0k -33,000
59 Trexquant Investment LP 0.08% of their portfolio STAMFORD, CT 269,669269.7k $3.3m $3.3m 0.08% Added +209.8k +209,828
60 VISTA EQUITY PARTNERS MANAGEMENT, LLC 0.08% of their portfolio San Francisco, CA 262,396262.4k $3.3m $3.3m 0.08% Reduced -306.5k -306,455
61 Azora Capital LP 0.27% of their portfolio MIAMI, FL 240,984241.0k $3.0m $3.0m 0.27% Reduced -306.2k -306,236
62 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 240,165240.2k $3.0m $3.0m 0.00% Added +8.9k +8,855
63 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 234,649234.6k $2.9m $2.9m 0.00% Added +181.0k +180,986
64 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 234,061234.1k $2.9m $2.9m 0.01% Added +227.8k +227,754
65 HERALD INVESTMENT MANAGEMENT Ltd 0.54% of their portfolio LONDON, X0 230,000230.0k $2.9m $2.9m 0.54% Unchanged
66 PEAK6 Investments LLC 0.12% of their portfolio CHICAGO, IL 220,418220.4k $2.7m $2.7m 0.12% New
67 OCCUDO QUANTITATIVE STRATEGIES LP 0.35% of their portfolio FORT LAUDERDALE, FL 207,626207.6k $2.6m $2.6m 0.35% New
68 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 205,446205.4k $2.5m $2.5m 0.00% Reduced -784 -784
69 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 203,915203.9k $2.5m $2.5m 0.00% Reduced -133.5k -133,491
70 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 197,141197.1k $2.4m $2.4m 0.00% Unchanged
71 Hapanowicz & Associates Financial Services, Inc 1.50% of their portfolio PITTSBURGH, PA 196,912196.9k $2.4m $2.4m 1.50% Unchanged
72 Walleye Capital LLC 0.03% of their portfolio NEW YORK, NY 193,298193.3k $2.4m $2.4m 0.03% New
73 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 179,194179.2k $2.2m $2.2m 0.00% Reduced -102.1k -102,090
74 BlueMar Capital Management, LLC 3.29% of their portfolio Miami, FL 176,149176.1k $2.2m $2.2m 3.29% Reduced -102.4k -102,406
75 Legal & General Group Plc 0.00% of their portfolio London, X0 166,803166.8k $2.1m $2.1m 0.00% Added +32.1k +32,108
76 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 163,087163.1k $2.0m $2.0m 0.00% New
77 Kodai Capital Management LP 0.04% of their portfolio CHICAGO, IL 162,568162.6k $2.0m $2.0m 0.04% First filing
78 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 159,636159.6k $2.0m $2.0m 0.00% Reduced -6.7k -6,711
79 SG Capital Management LLC 0.70% of their portfolio CHICAGO, IL 159,438159.4k $2.0m $2.0m 0.70% New
80 CAROLINAS WEALTH CONSULTING LLC 0.43% of their portfolio CHARLOTTE, NC 158,604158.6k $2.0m $2.0m 0.43% Unchanged
81 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 155,378155.4k $1.9m $1.9m 0.00% Reduced -14.1k -14,128
82 Calamos Advisors LLC 0.01% of their portfolio NAPERVILLE, IL 151,359151.4k $1.9m $1.9m 0.01% New
83 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 148,200148.2k $1.8m $1.8m 0.00% Unchanged
84 Engineers Gate Manager LP 0.05% of their portfolio NEW YORK, NY 131,352131.4k $1.6m $1.6m 0.05% Reduced -69.0k -69,036
85 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 125,526125.5k $1.6m $1.6m 0.00% Added +102.9k +102,905
86 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 119,545119.5k $1.5m $1.5m 0.00% New
87 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 116,473116.5k $1.4m $1.4m 0.00% Added +55.3k +55,254
88 ROYCE & ASSOCIATES LP 0.01% of their portfolio New York, NY 113,000113.0k $1.4m $1.4m 0.01% Added +68.0k +68,000
89 Atom Investors LP 0.24% of their portfolio AUSTIN, TX 111,232111.2k $1.4m $1.4m 0.24% New
90 Susquehanna Portfolio Strategies, LLC 0.02% of their portfolio Bala Cynwyd, PA 106,747106.7k $1.3m $1.3m 0.02% First filing
91 Lisanti Capital Growth, LLC 0.31% of their portfolio NEW YORK, NY 105,920105.9k $1.3m $1.3m 0.31% New
92 Horrell Capital Management, Inc. 0.39% of their portfolio LITTLE ROCK, AR 105,000105.0k $1.3m $1.3m 0.39% Unchanged
93 Circumference Group LLC 1.45% of their portfolio Little Rock, AR 105,000105.0k $1.3m $1.3m 1.45% First filing
94 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 94,64294.6k $1.2m $1.2m 0.00% Added +2.2k +2,212
95 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 91,49191.5k $1.1m $1.1m 0.00% Added +36.1k +36,135
96 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 88,76088.8k $1.1m $1.1m 0.00% Reduced -13.9k -13,947
97 Numerai GP LLC 0.39% of their portfolio SAN FRANCISCO, CA 88,51388.5k $1.1m $1.1m 0.39% Reduced -48.1k -48,119
98 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 86,11086.1k $1.1m $1.1m 0.01% Reduced -4.8k -4,790
99 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 81,07381.1k $1.0m $1.0m 0.00% Reduced -1.4k -1,390
100 Providence Capital Advisors, LLC 0.24% of their portfolio CHARLOTTE, NC 80,23780.2k $994.1k $994.1k 0.24% Reduced -800 -800