Vault-13

AVIDXCHANGE HOLDINGS INC AVDX

COM · Common Stock · CUSIP 05368X102

192 institutional holders +6 vs Q2 2024
164,197,214164.2m shares reported held*
$1.3bnreported value*
43 new 61 added 57 reduced 38 sold out net sold ≈ $117.4m (-14.5m 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 ($16.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $8.11. Options: 5 managers hold calls ($5.0m notional), 3 hold puts ($365.6k).

Trends to Q3 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: 186Q3 24: 192192Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022123
Q4 2022133
Q1 2023156
Q2 2023160
Q3 2023171
Q4 2023187
Q1 2024194
Q2 2024186
Q3 2024192

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 outQ1 23: 85 bought or addedQ1 23: 57 cut or sold outQ1 23Q2 23: 101 bought or addedQ2 23: 70 cut or sold outQ3 23: 98 bought or addedQ3 23: 65 cut or sold outQ3 23Q4 23: 99 bought or addedQ4 23: 73 cut or sold outQ1 24: 107 bought or addedQ1 24: 82 cut or sold outQ1 24Q2 24: 102 bought or addedQ2 24: 88 cut or sold outQ3 24: 104 bought or addedQ3 24: 95 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 20227646
Q1 20238557
Q2 202310170
Q3 20239865
Q4 20239973
Q1 202410782
Q2 202410288
Q3 202410495

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ4 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 0.04Q3 24 calls: $5.0mQ3 24 puts: $365.6kQ3 24P/C 0.07
Numbers
QuarterCallsPutsP/C
Q4 2023$9.8m$2.2m0.23
Q1 2024$28.9m$1.6m0.06
Q2 2024$7.9m$344.9k0.04
Q3 2024$5.0m$365.6k0.07

Biggest buyers

FMR LLC Added +10,046,893+10.0m
Greenhouse Funds LLLP Added +4,181,835+4.2m
JACOBS LEVY EQUITY MANAGEMENT, INC New +3,124,464+3.1m
Capital Research Global Investors Added +2,424,292+2.4m
North Reef Capital Management LP Added +1,500,000+1.5m
VANGUARD GROUP INC Added +1,027,858+1.0m
TREMBLANT CAPITAL GROUP Added +987,233+987.2k
Point72 Asset Management, L.P. New +976,610+976.6k
PAR CAPITAL MANAGEMENT INC Added +750,000+750.0k
AQR CAPITAL MANAGEMENT LLC Added +658,582+658.6k

Biggest sellers

LORD, ABBETT & CO. LLC Sold out -8,187,220-8.2m
BAIN CAPITAL VENTURE INVESTORS, LLC Reduced -5,669,949-5.7m
LONE PINE CAPITAL LLC Sold out -5,078,341-5.1m
AMERICAN CENTURY COMPANIES INC Reduced -4,257,583-4.3m
INTRINSIC EDGE CAPITAL MANAGEMENT LLC Sold out -2,782,265-2.8m
Azora Capital LP Sold out -2,692,696-2.7m
MILLENNIUM MANAGEMENT LLC Reduced -2,684,184-2.7m
JPMORGAN CHASE & CO Reduced -2,321,620-2.3m
Kodai Capital Management LP Sold out -2,200,392-2.2m
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Sold out -1,821,585-1.8m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.8m465.5k shares
GROUP ONE TRADING LLC Unchanged $614.7k75.8k shares
CITADEL ADVISORS LLC Reduced $319.5k39.4k shares
SIMPLEX TRADING, LLC Added $268.0k33.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $353.6k43.6k shares
SIMPLEX TRADING, LLC New $12.0k1.6k 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, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 17,993,64118.0m $145.9m $145.9m 0.00% Added +1.0m +1,027,858
2 FMR LLC 0.01% of their portfolio BOSTON, MA 13,733,76913.7m $111.4m $111.4m 0.01% Added +10.0m +10,046,893
3 BlackRock, Inc. 0.00% of their portfolio New York, NY 13,263,87013.3m $107.6m $107.6m 0.00% First filing
4 Greenhouse Funds LLLP 4.28% of their portfolio BALTIMORE, MD 10,675,13410.7m $86.6m $86.6m 4.28% Added +4.2m +4,181,835
5 Senvest Management, LLC 2.78% of their portfolio New York, NY 9,843,0109.8m $79.8m $79.8m 2.78% Reduced -1.0m -1,033,410
6 North Reef Capital Management LP 2.95% of their portfolio LAGUNA BEACH, CA 7,800,0007.8m $63.3m $63.3m 2.95% Added +1.5m +1,500,000
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 6,874,0686.9m $55.7m $55.7m 0.00% Reduced -2.3m -2,321,620
8 Capital Research Global Investors 0.01% of their portfolio Los Angeles, CA 5,948,1675.9m $48.2m $48.2m 0.01% Added +2.4m +2,424,292
9 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 4,266,2654.3m $34.6m $34.6m 0.00% Added +201.8k +201,847
10 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 3,990,7634.0m $32.4m $32.4m 0.01% Reduced -326.4k -326,371
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 3,763,6943.8m $30.5m $30.5m 0.00% Added +54.4k +54,403
12 BAIN CAPITAL VENTURE INVESTORS, LLC 23.29% of their portfolio Boston, MA 3,469,9493.5m $28.1m $28.1m 23.29% Reduced -5.7m -5,669,949
13 PAR CAPITAL MANAGEMENT INC 0.77% of their portfolio BOSTON, MA 3,350,0003.4m $27.2m $27.2m 0.77% Added +750.0k +750,000
14 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 3,164,3953.2m $25.7m $25.7m 0.00% Reduced -191.0k -191,014
15 TREMBLANT CAPITAL GROUP 2.89% of their portfolio WEST PALM BEACH, FL 3,157,3473.2m $25.6m $25.6m 2.89% Added +987.2k +987,233
16 JACOBS LEVY EQUITY MANAGEMENT, INC 0.10% of their portfolio FLORHAM PARK, NJ 3,124,4643.1m $25.3m $25.3m 0.10% New
17 Biltmore Family Office, LLC 4.33% of their portfolio CHARLOTTE, NC 3,124,1473.1m $25.3m $25.3m 4.33% Reduced -45.0k -45,000
18 SAPPHIRE VENTURES, L.P. 24.53% of their portfolio Austin, TX 2,897,2482.9m $23.5m $23.5m 24.53% Unchanged
19 FOUNDRY GROUP NEXT, LLC 100.00% of their portfolio BOULDER, CO 2,486,7912.5m $20.2m $20.2m 100.00% Reduced -513.2k -513,209
20 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 2,442,2932.4m $19.8m $19.8m 0.01% Reduced -1.4k -1,418
21 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 2,314,6532.3m $18.8m $18.8m 0.05% Added +539.0k +538,956
22 Unisphere Establishment 0.16% of their portfolio VADUZ, N2 2,040,3162.0m $16.5m $16.5m 0.16% Unchanged
23 TimesSquare Capital Management, LLC 0.24% of their portfolio NEW YORK, NY 1,995,4982.0m $16.2m $16.2m 0.24% Reduced -323.4k -323,400
24 Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio CHIYODA-KU, TOKYO, M0 1,862,2251.9m $15.1m $15.1m 0.01% Added +155.0k +155,008
25 Amova Asset Management Americas, Inc. 0.17% of their portfolio New York, NY 1,862,2251.9m $15.1m $15.1m 0.17% Added +178.2k +178,239
26 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,632,1671.6m $13.2m $13.2m 0.00% Reduced -1.3m -1,317,867
27 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 1,528,8751.5m $12.4m $12.4m 0.00% Added +114.8k +114,763
28 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,525,7771.5m $12.4m $12.4m 0.00% Reduced -174.5k -174,531
29 JENNISON ASSOCIATES LLC 0.01% of their portfolio NEW YORK, NY 1,442,6651.4m $11.7m $11.7m 0.01% Reduced -957.6k -957,597
30 ARK Investment Management LLC 0.09% of their portfolio ST. PETERSBURG, FL 1,161,9981.2m $9.4m $9.4m 0.09% Added +171.9k +171,908
31 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio JUPITER, FL 998,870998.9k $8.1m $8.1m 0.03% Added +617.7k +617,744
32 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 988,230988.2k $8.0m $8.0m 0.00% Added +3.5k +3,510
33 Tikvah Management LLC 2.47% of their portfolio Charlotte, NC 982,818982.8k $8.0m $8.0m 2.47% Unchanged
34 Point72 Asset Management, L.P. 0.03% of their portfolio STAMFORD, CT 976,610976.6k $7.9m $7.9m 0.03% New
35 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 890,466890.5k $7.2m $7.2m 0.00% Added +205.5k +205,467
36 Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio VANCOUVER, A1 801,087801.1k $6.5m $6.5m 0.03% Added +274.4k +274,375
37 UBS Group AG 0.00% of their portfolio ZURICH, V8 762,318762.3k $6.2m $6.2m 0.00% Added +363.3k +363,335
38 Advantage Alpha Capital Partners LP 1.38% of their portfolio SAN FRANCISCO, CA 750,282750.3k $6.1m $6.1m 1.38% Added +402.5k +402,488
39 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 725,326725.3k $5.9m $5.9m 0.01% Added +339.9k +339,859
40 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 715,751715.8k $5.8m $5.8m 0.00% Reduced -47.1k -47,116
41 KING LUTHER CAPITAL MANAGEMENT CORP 0.02% of their portfolio FORT WORTH, TX 686,354686.4k $5.6m $5.6m 0.02% Reduced -15.5k -15,549
42 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 673,240673.2k $5.5m $5.5m 0.01% Added +658.6k +658,582
43 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 658,537658.5k $5.3m $5.3m 0.02% Added +457.6k +457,605
44 Providence Capital Advisors, LLC 1.05% of their portfolio CHARLOTTE, NC 649,565649.6k $5.3m $5.3m 1.05% Added +569.3k +569,328
45 Alpha Square Group S LLC 4.90% of their portfolio NEW YORK, NY 621,639621.6k $5.0m $5.0m 4.90% Added +45.0k +45,000
46 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 500,336500.3k $4.1m $4.1m 0.00% Added +4.3k +4,280
47 Norwood Investment Partners, LP 2.63% of their portfolio MILL VALLEY, CA 480,625480.6k $3.9m $3.9m 2.63% New
48 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 471,922471.9k $3.8m $3.8m 0.01% New
49 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 470,705470.7k $3.8m $3.8m 0.00% New
50 HERALD INVESTMENT MANAGEMENT Ltd 0.63% of their portfolio LONDON, X0 450,000450.0k $3.6m $3.6m 0.63% Added +100.0k +100,000
51 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 444,684444.7k $3.6m $3.6m 0.00% Added +133.7k +133,685
52 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 422,697422.7k $3.4m $3.4m 0.00% Added +20.7k +20,665
53 ExodusPoint Capital Management, LP 0.04% of their portfolio NEW YORK, NY 420,473420.5k $3.4m $3.4m 0.04% Added +381.2k +381,192
54 Trexquant Investment LP 0.04% of their portfolio STAMFORD, CT 388,091388.1k $3.1m $3.1m 0.04% New
55 Swiss National Bank 0.00% of their portfolio ZURICH, V8 322,600322.6k $2.6m $2.6m 0.00% Added +1.7k +1,700
56 Allianz Asset Management GmbH 0.00% of their portfolio MUNICH, 2M 316,093316.1k $2.6m $2.6m 0.00% Unchanged
57 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 285,768285.8k $2.3m $2.3m 0.00% Added +201.7k +201,679
58 Horrell Capital Management, Inc. 0.66% of their portfolio LITTLE ROCK, AR 275,000275.0k $2.2m $2.2m 0.66% New
59 Circumference Group LLC 2.34% of their portfolio Little Rock, AR 275,000275.0k $2.2m $2.2m 2.34% New
60 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 258,136258.1k $2.1m $2.1m 0.00% Reduced -4.3m -4,257,583
61 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 247,947247.9k $2.0m $2.0m 0.01% Added +70.0k +69,971
62 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 232,347232.3k $1.9m $1.9m 0.00% Reduced -10.2k -10,186
63 PDT Partners, LLC 0.16% of their portfolio New York, NY 226,373226.4k $1.8m $1.8m 0.16% New
64 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 219,200219.2k $1.8m $1.8m 0.00% Reduced -543.0k -543,000
65 Hapanowicz & Associates Financial Services, Inc 0.80% of their portfolio PITTSBURGH, PA 196,912196.9k $1.6m $1.6m 0.80% Unchanged
66 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 184,890184.9k $1.5m $1.5m 0.00% Unchanged
67 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 184,884184.9k $1.5m $1.5m 0.00% Reduced -96.4k -96,353
68 Legal & General Group Plc 0.00% of their portfolio London, X0 184,425184.4k $1.5m $1.5m 0.00% Added +3.7k +3,735
69 GSA CAPITAL PARTNERS LLP 0.11% of their portfolio LONDON, X0 171,791171.8k $1.4m $1.4m 0.11% New
70 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 162,925162.9k $1.3m $1.3m 0.00% Added +155.6k +155,643
71 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 158,641158.6k $1.3m $1.3m 0.00% Reduced -131.3k -131,338
72 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 157,020157.0k $1.3m $1.3m 0.00% Reduced -3.2k -3,174
73 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 149,859149.9k $1.2m $1.2m 0.00% Added +9.1k +9,050
74 BlueMar Capital Management, LLC 2.35% of their portfolio Miami, FL 144,480144.5k $1.2m $1.2m 2.35% Reduced -2.9k -2,900
75 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 125,566125.6k $1.0m $1.0m 0.00% Added +87.5k +87,514
76 CAROLINAS WEALTH CONSULTING LLC 0.18% of their portfolio CHARLOTTE, NC 119,365119.4k $968.1k $968.1k 0.18% Unchanged
77 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 111,193111.2k $902.0k $902.0k 0.00% Added +1.7k +1,705
78 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 101,671101.7k $824.3k $824.3k 0.00% Reduced -3.1k -3,142
79 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 100,801100.8k $817.5k $817.5k 0.00% Unchanged
80 ROYCE & ASSOCIATES LP 0.01% of their portfolio New York, NY 99,974100.0k $810.8k $810.8k 0.01% Reduced -72.0k -72,000
81 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 99,09699.1k $803.7k $803.7k 0.01% New
82 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 95,11895.1k $771.4k $771.4k 0.00% Added +18.6k +18,649
83 Corebridge Financial, Inc. 0.00% of their portfolio HOUSTON, TX 92,93092.9k $753.7k $753.7k 0.00% Reduced -573 -573
84 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 91,89191.9k $745.0k $745.0k 0.00% Added +62.1k +62,078
85 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 91,36091.4k $740.9k $740.9k 0.00% Reduced -11.4k -11,444
86 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 87,68087.7k $711.1k $711.1k 0.00% Added +11.7k +11,715
87 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 87,33887.3k $708.3k $708.3k 0.00% Reduced -218.4k -218,424
88 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 86,47886.5k $701.3k $701.3k 0.00% Reduced -2.7m -2,684,184
89 Quantbot Technologies LP 0.02% of their portfolio NEW YORK, NY 76,15076.2k $617.6k $617.6k 0.02% New
90 State of Wyoming 0.08% of their portfolio CHEYENNE, WY 68,12068.1k $552.5k $552.5k 0.08% Reduced -13.0k -12,962
91 Paloma Partners Management Co 0.03% of their portfolio GREENWICH, CT 61,06061.1k $495.2k $495.2k 0.03% New
92 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 56,20256.2k $455.8k $455.8k 0.00% Reduced -1.3k -1,275
93 Entropy Technologies, LP 0.05% of their portfolio NEW YORK, NY 55,17355.2k $447.5k $447.5k 0.05% New
94 Prosperity Consulting Group, LLC 0.03% of their portfolio OWINGS MILLS, MD 52,38852.4k $424.9k $424.9k 0.03% New
95 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 52,27152.3k $423.9k $423.9k 0.00% Added +52.2k +52,224
96 BAILARD, INC. 0.01% of their portfolio Foster City, CA 52,09052.1k $422.4k $422.4k 0.01% Reduced -14.2k -14,200
97 INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio WEST PALM BEACH, FL 48,81848.8k $395.9k $395.9k 0.00% New
98 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 48,00648.0k $389.3k $389.3k 0.00% Added +22.0k +22,043
99 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 47,59247.6k $386.0k $386.0k 0.00% Added +1.8k +1,832
100 Handelsbanken Fonder AB 0.00% of their portfolio STOCKHOLM, V7 46,00046.0k $373.0k $373.0k 0.00% Added +18.4k +18,400