Vault-13

AVIDXCHANGE HOLDINGS INC AVDX

COM · Common Stock · CUSIP 05368X102

186 institutional holders -8 vs Q1 2024
178,659,335178.7m shares reported held*
$2.2bnreported value*
26 new 76 added 54 reduced 34 sold out net bought ≈ $5.9m (+454.2k 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 ($20.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $12.06. Options: 6 managers hold calls ($7.9m notional), 3 hold puts ($344.9k).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 123Q4 22: 133Q1 23: 156Q2 23: 160Q3 23: 171Q4 23: 187Q1 24: 194Q2 24: 186186Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022123
Q4 2022133
Q1 2023156
Q2 2023160
Q3 2023171
Q4 2023187
Q1 2024194
Q2 2024186

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 outQ2 23: 101 bought or addedQ2 23: 70 cut or sold outQ2 23Q3 23: 98 bought or addedQ3 23: 65 cut or sold outQ4 23: 99 bought or addedQ4 23: 73 cut or sold outQ4 23Q1 24: 107 bought or addedQ1 24: 82 cut or sold outQ2 24: 102 bought or addedQ2 24: 88 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20227646
Q1 20238557
Q2 202310170
Q3 20239865
Q4 20239973
Q1 202410782
Q2 202410288

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ3 23 calls: $1.7mQ3 23 puts: $567.9kQ3 23P/C 0.33Q4 23 calls: $9.8mQ4 23 puts: $2.2mQ4 23P/C 0.23Q1 24 calls: $28.9mQ1 24 puts: $1.6mQ1 24P/C 0.06Q2 24 calls: $7.9mQ2 24 puts: $344.9kQ2 24P/C 0.04
Numbers
QuarterCallsPutsP/C
Q3 2023$1.7m$567.9k0.33
Q4 2023$9.8m$2.2m0.23
Q1 2024$28.9m$1.6m0.06
Q2 2024$7.9m$344.9k0.04

Biggest buyers

FMR LLC Added +2,924,641+2.9m
Greenhouse Funds LLLP Added +2,025,345+2.0m
Azora Capital LP Added +1,823,718+1.8m
BlackRock Inc. Added +1,607,310+1.6m
AMERICAN CENTURY COMPANIES INC Added +1,586,510+1.6m
Senvest Management, LLC Added +1,463,182+1.5m
North Reef Capital Management LP Added +800,000+800.0k
Kodai Capital Management LP Added +618,725+618.7k
JENNISON ASSOCIATES LLC Added +590,378+590.4k
STATE STREET CORP Added +392,083+392.1k

Biggest sellers

MORGAN STANLEY Reduced -7,839,343-7.8m
LORD, ABBETT & CO. LLC Reduced -1,959,372-2.0m
Coronation Fund Managers Ltd. Sold out -748,459-748.5k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -718,574-718.6k
VOLORIDGE INVESTMENT MANAGEMENT, LLC Reduced -684,796-684.8k
PRUDENTIAL FINANCIAL INC Reduced -655,570-655.6k
Bank of New York Mellon Corp Reduced -638,363-638.4k
Cubist Systematic Strategies, LLC Sold out -439,405-439.4k
GOLDMAN SACHS GROUP INC Reduced -322,447-322.4k
VANGUARD GROUP INC Reduced -316,554-316.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.8m483.7k shares
GROUP ONE TRADING LLC Reduced $914.1k75.8k shares
CITADEL ADVISORS LLC Reduced $887.6k73.6k shares
SIMPLEX TRADING, LLC Reduced $264.0k21.9k shares
PEAK6 Investments LLC Reduced $1.2k100 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $259.3k21.5k shares
CITADEL ADVISORS LLC Reduced $85.6k7.1k 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, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 16,965,78317.0m $204.6m $204.6m 0.00% Reduced -316.6k -316,554
2 BlackRock Inc. 0.00% of their portfolio New York, NY 12,990,54013.0m $156.7m $156.7m 0.00% Added +1.6m +1,607,310
3 Senvest Management, LLC 5.04% of their portfolio New York, NY 10,876,42010.9m $131.2m $131.2m 5.04% Added +1.5m +1,463,182
4 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 9,195,6889.2m $110.9m $110.9m 0.00% Added +101.6k +101,558
5 BAIN CAPITAL VENTURE INVESTORS, LLC 52.59% of their portfolio Boston, MA 9,139,8989.1m $110.2m $110.2m 52.59% Unchanged
6 LORD, ABBETT & CO. LLC 0.16% of their portfolio JERSEY CITY, NJ 8,187,2208.2m $98.7m $98.7m 0.16% Reduced -2.0m -1,959,372
7 Greenhouse Funds LLLP 4.10% of their portfolio BALTIMORE, MD 6,493,2996.5m $78.3m $78.3m 4.10% Added +2.0m +2,025,345
8 North Reef Capital Management LP 3.52% of their portfolio LAGUNA BEACH, CA 6,300,0006.3m $76.0m $76.0m 3.52% Added +800.0k +800,000
9 LONE PINE CAPITAL LLC 0.50% of their portfolio GREENWICH, CT 5,078,3415.1m $61.2m $61.2m 0.50% Reduced -2.3k -2,291
10 AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio KANSAS CITY, MO 4,515,7194.5m $54.5m $54.5m 0.03% Added +1.6m +1,586,510
11 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 4,317,1344.3m $52.1m $52.1m 0.01% Added +230.8k +230,777
12 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 4,064,4184.1m $49.0m $49.0m 0.00% Added +379.3k +379,278
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 3,709,2913.7m $44.7m $44.7m 0.00% Added +392.1k +392,083
14 FMR LLC 0.00% of their portfolio BOSTON, MA 3,686,8763.7m $44.5m $44.5m 0.00% Added +2.9m +2,924,641
15 Capital Research Global Investors 0.01% of their portfolio Los Angeles, CA 3,523,8753.5m $42.5m $42.5m 0.01% Added +213.2k +213,240
16 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 3,355,4093.4m $40.5m $40.5m 0.01% Reduced -638.4k -638,363
17 Biltmore Family Office, LLC 7.04% of their portfolio CHARLOTTE, NC 3,169,1473.2m $38.2m $38.2m 7.04% Reduced -106.2k -106,242
18 FOUNDRY GROUP NEXT, LLC 100.00% of their portfolio BOULDER, CO 3,000,0003.0m $36.2m $36.2m 100.00% Unchanged
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,950,0343.0m $35.6m $35.6m 0.00% Reduced -7.8m -7,839,343
20 SAPPHIRE VENTURES, L.P. 29.73% of their portfolio Austin, TX 2,897,2482.9m $34.9m $34.9m 29.73% Unchanged
21 INTRINSIC EDGE CAPITAL MANAGEMENT LLC 3.25% of their portfolio CHICAGO, IL 2,782,2652.8m $33.6m $33.6m 3.25% Added +248.9k +248,886
22 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 2,770,6622.8m $33.4m $33.4m 0.03% Added +246.5k +246,462
23 Azora Capital LP 1.85% of their portfolio MIAMI, FL 2,692,6962.7m $32.5m $32.5m 1.85% Added +1.8m +1,823,718
24 PAR CAPITAL MANAGEMENT INC 0.99% of their portfolio BOSTON, MA 2,600,0002.6m $31.4m $31.4m 0.99% Added +50.0k +50,000
25 JANUS HENDERSON GROUP PLC 0.02% of their portfolio LONDON, X0 2,443,7112.4m $29.5m $29.5m 0.02% Added +7.9k +7,918
26 JENNISON ASSOCIATES LLC 0.02% of their portfolio NEW YORK, NY 2,400,2622.4m $28.9m $28.9m 0.02% Added +590.4k +590,378
27 TimesSquare Capital Management, LLC 0.44% of their portfolio NEW YORK, NY 2,318,8982.3m $28.0m $28.0m 0.44% Added +348.1k +348,061
28 Kodai Capital Management LP 0.51% of their portfolio CHICAGO, IL 2,200,3922.2m $26.5m $26.5m 0.51% Added +618.7k +618,725
29 TREMBLANT CAPITAL GROUP 2.98% of their portfolio WEST PALM BEACH, FL 2,170,1142.2m $26.2m $26.2m 2.98% Added +6.0k +5,971
30 Unisphere Establishment 0.25% of their portfolio VADUZ, N2 2,040,3162.0m $24.6m $24.6m 0.25% Unchanged
31 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio Boston, MA 1,821,5851.8m $22.0m $22.0m 0.01% Added +46.8k +46,791
32 Rockefeller Capital Management L.P. 0.06% of their portfolio NEW YORK, NY 1,775,6971.8m $21.4m $21.4m 0.06% Added +274.9k +274,873
33 Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio CHIYODA-KU, TOKYO, M0 1,707,2171.7m $20.6m $20.6m 0.02% Reduced -151.8k -151,764
34 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,700,3081.7m $20.5m $20.5m 0.00% Reduced -54.8k -54,811
35 Amova Asset Management Americas, Inc. 0.23% of their portfolio New York, NY 1,683,9861.7m $20.3m $20.3m 0.23% Reduced -151.8k -151,764
36 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 1,414,1121.4m $17.1m $17.1m 0.00% Added +103.6k +103,625
37 Aperture Investors, LLC 2.20% of their portfolio New York, NY 1,248,0671.2m $15.1m $15.1m 2.20% Reduced -298.8k -298,811
38 ARK Investment Management LLC 0.11% of their portfolio ST. PETERSBURG, FL 990,090990.1k $11.9m $11.9m 0.11% Reduced -180.6k -180,643
39 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 984,720984.7k $11.9m $11.9m 0.01% Reduced -54.6k -54,637
40 Tikvah Management LLC 3.86% of their portfolio Charlotte, NC 982,818982.8k $11.9m $11.9m 3.86% Unchanged
41 Granite Investment Partners, LLC 0.45% of their portfolio EL SEGUNDO, CA 895,227895.2k $10.8m $10.8m 0.45% Reduced -112.7k -112,673
42 FEDERATED HERMES, INC. 0.03% of their portfolio PITTSBURGH, PA 878,773878.8k $10.6m $10.6m 0.03% Reduced -1.0k -1,023
43 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 762,867762.9k $9.2m $9.2m 0.00% Added +152.5k +152,471
44 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 762,200762.2k $9.2m $9.2m 0.02% Reduced -227.2k -227,200
45 KING LUTHER CAPITAL MANAGEMENT CORP 0.04% of their portfolio FORT WORTH, TX 701,903701.9k $8.5m $8.5m 0.04% Added +12.0k +12,025
46 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 684,999685.0k $8.3m $8.3m 0.00% Reduced -322.4k -322,447
47 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio TORONTO, A6 581,300581.3k $7.0m $7.0m 0.02% Added +341.3k +341,300
48 Alpha Square Group S LLC 12.87% of their portfolio NEW YORK, NY 576,639576.6k $7.0m $7.0m 12.87% Added +50.0k +50,000
49 LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 555,824555.8k $6.7m $6.7m 0.01% Reduced -23.8k -23,776
50 Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio VANCOUVER, A1 526,712526.7k $6.4m $6.4m 0.03% Added +141.3k +141,256
51 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 496,056496.1k $6.0m $6.0m 0.00% Added +46.7k +46,714
52 BROWN ADVISORY INC 0.01% of their portfolio BALTIMORE, MD 406,175406.2k $4.9m $4.9m 0.01% Added +33.2k +33,162
53 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 402,032402.0k $4.8m $4.8m 0.00% Added +205.3k +205,283
54 UBS Group AG 0.00% of their portfolio ZURICH, V8 398,983399.0k $4.8m $4.8m 0.00% Reduced -197.3k -197,280
55 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 385,467385.5k $4.6m $4.6m 0.01% Reduced -86.9k -86,906
56 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio JUPITER, FL 381,126381.1k $4.6m $4.6m 0.02% Reduced -684.8k -684,796
57 HERALD INVESTMENT MANAGEMENT Ltd 0.69% of their portfolio LONDON, X0 350,000350.0k $4.2m $4.2m 0.69% Unchanged
58 Advantage Alpha Capital Partners LP 0.92% of their portfolio SAN FRANCISCO, CA 347,794347.8k $4.2m $4.2m 0.92% New
59 Swiss National Bank 0.00% of their portfolio ZURICH, V8 320,900320.9k $3.9m $3.9m 0.00% Unchanged
60 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 316,093316.1k $3.8m $3.8m 0.01% Added +2.0k +2,009
61 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 310,999311.0k $3.8m $3.8m 0.00% Added +9.6k +9,585
62 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 305,762305.8k $3.7m $3.7m 0.00% Added +211.9k +211,944
63 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 289,979290.0k $3.5m $3.5m 0.00% Added +34.3k +34,252
64 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 281,237281.2k $3.4m $3.4m 0.00% Reduced -156.7k -156,667
65 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 242,533242.5k $2.9m $2.9m 0.00% Added +32.1k +32,085
66 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 200,932200.9k $2.4m $2.4m 0.01% New
67 Hapanowicz & Associates Financial Services, Inc 1.36% of their portfolio PITTSBURGH, PA 196,912196.9k $2.4m $2.4m 1.36% Unchanged
68 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 184,890184.9k $2.2m $2.2m 0.00% Added +36.7k +36,690
69 Legal & General Group Plc 0.00% of their portfolio London, X0 180,690180.7k $2.2m $2.2m 0.00% Added +6.8k +6,758
70 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 177,976178.0k $2.1m $2.1m 0.01% Reduced -50.7k -50,745
71 ROYCE & ASSOCIATES LP 0.02% of their portfolio New York, NY 171,974172.0k $2.1m $2.1m 0.02% Reduced -51.0k -51,026
72 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 160,194160.2k $1.9m $1.9m 0.00% Reduced -1.1k -1,098
73 Interval Partners, LP 0.05% of their portfolio NEW YORK, NY 152,021152.0k $1.8m $1.8m 0.05% New
74 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 150,151150.2k $1.8m $1.8m 0.00% Added +10.4k +10,442
75 BlueMar Capital Management, LLC 3.71% of their portfolio Miami, FL 147,380147.4k $1.8m $1.8m 3.71% Reduced -23.6k -23,642
76 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 140,809140.8k $1.7m $1.7m 0.00% Added +4.8k +4,791
77 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 140,050140.1k $1.7m $1.7m 0.00% Reduced -718.6k -718,574
78 CAROLINAS WEALTH CONSULTING LLC 0.28% of their portfolio CHARLOTTE, NC 119,365119.4k $1.4m $1.4m 0.28% Unchanged
79 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 109,488109.5k $1.3m $1.3m 0.00% Added +12.4k +12,434
80 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 104,813104.8k $1.3m $1.3m 0.00% Added +1.1k +1,124
81 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 102,804102.8k $1.2m $1.2m 0.00% Added +13.2k +13,229
82 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 100,801100.8k $1.2m $1.2m 0.01% Added +21.9k +21,946
83 Gillson Capital LP 0.12% of their portfolio CHICAGO, IL 99,50099.5k $1.2m $1.2m 0.12% New
84 Corebridge Financial, Inc. 0.01% of their portfolio HOUSTON, TX 93,50393.5k $1.1m $1.1m 0.01% First filing
85 Edgestream Partners, L.P. 0.05% of their portfolio Princeton, NJ 92,51592.5k $1.1m $1.1m 0.05% Added +75.9k +75,921
86 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 84,08984.1k $1.0m $1.0m 0.00% Reduced -54.0k -54,017
87 State of Wyoming 0.16% of their portfolio CHEYENNE, WY 81,08281.1k $977.8k $977.8k 0.16% Added +10.7k +10,727
88 Providence Capital Advisors, LLC 0.21% of their portfolio CHARLOTTE, NC 80,23780.2k $967.7k $967.7k 0.21% Unchanged
89 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 76,46976.5k $922.2k $922.2k 0.00% First filing
90 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 75,96576.0k $916.1k $916.1k 0.00% Added +2.0k +2,047
91 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 72,15372.2k $870.2k $870.2k 0.00% Added +4.9k +4,866
92 SHERBROOKE PARK ADVISERS LLC 0.14% of their portfolio WHITE PLAINS, NY 66,31266.3k $799.7k $799.7k 0.14% Added +49.7k +49,723
93 BAILARD, INC. 0.02% of their portfolio Foster City, CA 66,29066.3k $799.5k $799.5k 0.02% Reduced -4.0k -4,000
94 Bridgewater Associates, LP 0.00% of their portfolio Westport, CT 65,31065.3k $787.6k $787.6k 0.00% New
95 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 57,47757.5k $693.2k $693.2k 0.00% Added +8.2k +8,223
96 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 57,23957.2k $690.3k $690.3k 0.00% Reduced -17.7k -17,748
97 Accretive Wealth Partners, LLC 0.28% of their portfolio PARSIPPANY, NJ 55,11655.1k $664.7k $664.7k 0.28% Unchanged
98 Gotham Asset Management, LLC 0.01% of their portfolio NEW YORK, NY 49,32649.3k $594.9k $594.9k 0.01% Reduced -29.3k -29,284
99 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 48,07648.1k $575.0k $575.0k 0.00% First filing
100 Assenagon Asset Management S.A. 0.00% of their portfolio SENNINGERBERG, N4 46,20246.2k $557.2k $557.2k 0.00% New