FLYWIRE CORPORATION FLYW
COM VTG · Common Stock · CUSIP 302492103 · ISIN US3024921039
- SectorIndustrials
- IndustryServices-Business Services, NEC
- HeadquartersBoston, MA
- Founded2009
- Websiteflywire.com
- FilingsSEC EDGAR
* 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 ($1.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $9.63. Options: 9 managers hold calls ($2.9m notional), 6 hold puts ($908.2k).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 154 |
| Q4 2022 | 178 |
| Q1 2023 | 201 |
| Q2 2023 | 237 |
| Q3 2023 | 234 |
| Q4 2023 | 237 |
| Q1 2024 | 224 |
| Q2 2024 | 219 |
| Q3 2024 | 219 |
| Q4 2024 | 241 |
| Q1 2025 | 238 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 162 | 64 |
| Q3 2023 | 130 | 108 |
| Q4 2023 | 153 | 115 |
| Q1 2024 | 125 | 120 |
| Q2 2024 | 139 | 108 |
| Q3 2024 | 114 | 105 |
| Q4 2024 | 130 | 108 |
| Q1 2025 | 139 | 130 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $7.7m | $1.9m | 0.24 |
| Q3 2024 | $12.0m | $2.1m | 0.17 |
| Q4 2024 | $3.7m | $271.3k | 0.07 |
| Q1 2025 | $2.9m | $908.2k | 0.31 |
Biggest buyers
| CADIAN CAPITAL MANAGEMENT, LP | New | +7.0m |
| CITADEL ADVISORS LLC | Added | +3.2m |
| Divisadero Street Capital Management, LP | New | +1.7m |
| WELLINGTON MANAGEMENT GROUP LLP | New | +1.7m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | New | +1.6m |
| Voss Capital, LP | Added | +1.4m |
| FEDERATED HERMES, INC. | New | +1.2m |
| Invenomic Capital Management LP | Added | +1.1m |
| NEUBERGER BERMAN GROUP LLC | New | +926.2k |
| GDS Wealth Management | New | +758.0k |
Biggest sellers
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Reduced | -8.8m |
| FMR LLC | Reduced | -8.5m |
| WESTFIELD CAPITAL MANAGEMENT CO LP | Sold out | -6.5m |
| SAMLYN CAPITAL, LLC | Sold out | -2.1m |
| BLAIR WILLIAM & CO/IL | Reduced | -1.7m |
| TEACHER RETIREMENT SYSTEM OF TEXAS | Reduced | -1.1m |
| COMERICA BANK | Reduced | -1.1m |
| AXA S.A. | Sold out | -863.8k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -792.2k |
| NEXT CENTURY GROWTH INVESTORS LLC | Sold out | -664.8k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $1.0m107.0k shares |
| GROUP ONE TRADING LLC | Added | $642.2k67.6k shares |
| Caption Management, LLC | New | $427.5k45.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $354.4k37.3k shares |
| CITADEL ADVISORS LLC | Reduced | $198.6k20.9k shares |
| Walleye Trading LLC | New | $117.8k12.4k shares |
| PEAK6 LLC | New | $96.0k10.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $70.0k7.4k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Ionic Capital Management LLC | New | $475.0k50.0k shares |
| SIMPLEX TRADING, LLC | Added | $153.0k16.2k shares |
| CITADEL ADVISORS LLC | Added | $129.2k13.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $97.8k10.3k shares |
| GROUP ONE TRADING LLC | Added | $53.2k5.6k 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.
| Holder | Stake |
|---|---|
| Voss Capital, LP 13G · passive investor +1.8 pts · filed 2026-04-22 | 12.1% |
| BlackRock, Inc. 13G · institution filed 2026-10-27 | 7.6% |
| Divisadero Street Capital Management, LP 13G · passive investor new · filed 2026-06-16 | 5.3% |
Fell to 5% or below in the last year: CADIAN CAPITAL MANAGEMENT, LP (4.7%, 2026-08-14), Temasek Holdings (Private) Ltd (3.5%, 2026-07-22), VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales in Q1 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 8 | $142.8m | — |
| Q3 2023 | 0 | — | 5 | $12.6m | $4.1m |
| Q4 2023 | 0 | — | 5 | $2.7m | $695.0k |
| Q1 2024 | 0 | — | 6 | $8.4m | $3.0m |
| Q2 2024 | 0 | — | 4 | $996.1k | $431.7k |
| Q3 2024 | 0 | — | 5 | $996.5k | $189.9k |
| Q4 2024 | 0 | — | 1 | $98.4k | $98.4k |
| Q1 2025 | 1 | $97.2k | 1 | $55.7k | $55.7k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-10 | Butterfield Peter General Counsel and CCO | Sold plan | $55.7k5.5k shares |
| 2025-02-27 | Howard Gretchen Director | Bought | $97.2k8.9k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 11.5m $109.5m | Reduced -556.8k |
| BlackRock, Inc. 0.00% of their portfolio | 8.9m $84.5m | Reduced -109.0k |
| Temasek Holdings (Private) Ltd 0.33% of their portfolio | 8.7m $82.5m | Unchanged |
| CADIAN CAPITAL MANAGEMENT, LP 2.86% of their portfolio | 7.0m $66.8m | New |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 3.4m $32.4m | Added +3.2m |
| JENNISON ASSOCIATES LLC 0.02% of their portfolio | 3.2m $30.6m | Reduced -182.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.0m $28.3m | Added +155.0k |
| STATE STREET CORP 0.00% of their portfolio | 3.0m $28.3m | Reduced -146.5k |
| Voss Capital, LP 2.14% of their portfolio | 2.9m $27.9m | Added +1.4m |
| WASATCH ADVISORS LP 0.14% of their portfolio | 2.7m $25.5m | Reduced -57.8k |
| GW&K Investment Management, LLC 0.19% of their portfolio | 2.1m $20.0m | Reduced -93.2k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 2.0m $18.7m | Added +2.9k |
| PRIMECAP MANAGEMENT CO/CA/ 0.01% of their portfolio | 1.8m $17.1m | Reduced -163.7k |
| Divisadero Street Capital Management, LP 1.88% of their portfolio | 1.7m $16.4m | New |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 1.7m $15.8m | New |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.06% of their portfolio | 1.6m $14.9m | New |
| Invenomic Capital Management LP 0.73% of their portfolio | 1.5m $14.4m | Added +1.1m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 1.5m $14.2m | Reduced -8.8m |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.5m $14.0m | Added +6.7k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 1.3m $12.6m | Added +188.0k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 1.3m $12.0m | Added +555.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.2m $11.8m | Added +159.2k |
| FEDERATED HERMES, INC. 0.03% of their portfolio | 1.2m $11.7m | New |
| North Reef Capital Management LP 0.49% of their portfolio | 1.2m $11.4m | Reduced -438.9k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 1.1m $10.9m | Reduced -582.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.1m $10.3m | Reduced -61.6k |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 1.0m $9.9m | Added +174.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.0m $9.6m | Added +349.4k |
| READYSTATE ASSET MANAGEMENT LP 0.46% of their portfolio | 956.0k $9.1m | Added +588.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 928.8k $8.8m | Reduced -16.8k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 926.2k $8.8m | New |
| Nuveen, LLC 0.01% of their portfolio | 771.7k $17.4m | First filing |
| TUDOR INVESTMENT CORP ET AL 0.06% of their portfolio | 764.4k $7.3m | Added +349.8k |
| GDS Wealth Management 0.61% of their portfolio | 758.0k $7.2m | New |
| MORGAN STANLEY 0.00% of their portfolio | 757.3k $7.2m | Added +37.4k |
| Trexquant Investment LP 0.07% of their portfolio | 630.4k $6.0m | Added +112.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 616.4k $5.9m | Added +158.2k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.04% of their portfolio | 590.9k $5.6m | Reduced -1.5k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 556.5k $5.3m | Reduced -385.6k |
| T. Rowe Price Investment Management, Inc. 0.00% of their portfolio | 545.6k $5.2m | Reduced -348.4k |
| Alyeska Investment Group, L.P. 0.02% of their portfolio | 500.0k $4.8m | Reduced -127.0k |
| FRED ALGER MANAGEMENT, LLC 0.03% of their portfolio | 488.4k $4.6m | Reduced -311.9k |
| PALISADE CAPITAL MANAGEMENT, LP 0.12% of their portfolio | 452.0k $4.3m | Added +242 |
| Norwood Investment Partners, LP 3.78% of their portfolio | 445.5k $4.2m | Added +11.0k |
| Ensign Peak Advisors, Inc 0.01% of their portfolio | 414.8k $3.9m | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 365.7k $3.5m | Reduced -615.7k |
| Palogic Value Management, L.P. 1.39% of their portfolio | 333.0k $3.2m | Added +143.0k |
| UBS Group AG 0.00% of their portfolio | 328.1k $3.1m | Added +39.9k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 321.1k $3.1m | Added +53.6k |
| NORGES BANK 0.00% of their portfolio | 294.2k $2.8m | Reduced -71.5k |
| BARCLAYS PLC 0.00% of their portfolio | 289.3k $2.7m | Added +74.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 282.4k $2.7m | Reduced -13.7k |
| Cubist Systematic Strategies, LLC 0.03% of their portfolio | 277.0k $2.6m | Added +123.0k |
| Twenty Acre Capital LP 4.63% of their portfolio | 275.0k $5.7m | Unchanged |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 267.8k $2.5m | Added +221.9k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 263.4k $2.5m | Added +88.2k |
| FMR LLC 0.00% of their portfolio | 259.4k $2.5m | Reduced -8.5m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 257.4k $2.4m | Added +37.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 252.6k $2.4m | Reduced -458.7k |
| RENAISSANCE GROUP LLC 0.10% of their portfolio | 247.8k $2.4m | Added +46.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 243.0k $2.3m | Added +75.0k |
| Engineers Gate Manager LP 0.04% of their portfolio | 220.5k $2.1m | Added +174.7k |
| TWINBEECH CAPITAL LP 0.04% of their portfolio | 217.8k $2.1m | New |
| Jump Financial, LLC 0.03% of their portfolio | 214.4k $2.0m | New |
| Swiss National Bank 0.00% of their portfolio | 213.6k $2.0m | Reduced -4.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 204.3k $1.9m | First filing |
| LUMINUS MANAGEMENT LLC 0.63% of their portfolio | 197.0k $1.9m | New |
| Quantbot Technologies LP 0.06% of their portfolio | 190.2k $1.8m | New |
| Nebula Research & Development LLC 0.16% of their portfolio | 182.1k $1.7m | Added +160.5k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 176.6k $1.7m | Added +162.2k |
| Aquatic Capital Management LLC 0.04% of their portfolio | 170.1k $1.6m | Added +125.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 170.1k $1.6m | Reduced -50.5k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 169.6k $1.6m | Added +3.7k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 168.7k $1.6m | New |
| ALGERT GLOBAL LLC 0.04% of their portfolio | 168.3k $1.6m | Added +141.8k |
| Penserra Capital Management LLC 0.03% of their portfolio | 165.7k $1.6m | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 153.5k $1.5m | Reduced -7.0k |
| Walleye Capital LLC 0.02% of their portfolio | 151.2k $1.4m | New |
| Graham Capital Management, L.P. 0.05% of their portfolio | 151.2k $1.4m | Added +132.0k |
| BLAIR WILLIAM & CO/IL 0.00% of their portfolio | 151.1k $1.4m | Reduced -1.7m |
| Squarepoint Ops LLC 0.00% of their portfolio | 146.7k $1.4m | New |
| Bullseye Asset Management LLC 0.75% of their portfolio | 146.0k $1.4m | Added +1.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 145.7k $1.4m | Reduced -39 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 140.6k $1.3m | Reduced -16.0k |
| COOPER CREEK PARTNERS MANAGEMENT LLC 0.04% of their portfolio | 138.5k $1.3m | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 133.8k $1.3m | Reduced -1.6k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 120.1k $1.1m | Reduced -22.7k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 119.3k $1.1m | New |
| Y-Intercept (Hong Kong) Ltd 0.07% of their portfolio | 115.3k $1.1m | Added +19.3k |
| CITIGROUP INC 0.00% of their portfolio | 109.4k $1.0m | Reduced -33.4k |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 108.0k $1.0m | Added +48.2k |
| MENDON CAPITAL ADVISORS CORP 0.43% of their portfolio | 105.2k $918.9k | New |
| HUSSMAN STRATEGIC ADVISORS, INC. 0.24% of their portfolio | 105.0k $997.5k | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 104.5k $993.1k | Unchanged |
| CAPITAL FUND MANAGEMENT S.A. 0.01% of their portfolio | 103.0k $978.8k | New |
| Verition Fund Management LLC 0.01% of their portfolio | 101.7k $966.5k | Added +77.4k |
| Invesco Ltd. 0.00% of their portfolio | 101.3k $962.8k | Added +11.9k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 100.5k $954.7k | Added +69.9k |
| Curi Capital, LLC 0.02% of their portfolio | 100.0k $950.0k | New |
| ABS Direct Equity Fund LLC 1.27% of their portfolio | 100.0k $950.0k | New |