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 ($540.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $11.70. Options: 9 managers hold calls ($9.5m notional), 7 hold puts ($5.4m).
Trends to Q2 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 |
| Q2 2025 | 207 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2025 | 111 | 137 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $12.0m | $2.1m | 0.17 |
| Q4 2024 | $3.7m | $271.3k | 0.07 |
| Q1 2025 | $2.9m | $908.2k | 0.31 |
| Q2 2025 | $9.5m | $5.4m | 0.57 |
Biggest buyers
| Voss Capital, LP | Added | +5.2m |
| Divisadero Street Capital Management, LP | Added | +3.1m |
| D. E. Shaw & Co., Inc. | Added | +2.9m |
| Azora Capital LP | New | +2.9m |
| CADIAN CAPITAL MANAGEMENT, LP | Added | +2.7m |
| M&G PLC | New | +1.1m |
| AMERIPRISE FINANCIAL INC | Added | +1.0m |
| MORGAN STANLEY | Added | +587.6k |
| Kent Lake PR LLC | New | +414.4k |
| DIMENSIONAL FUND ADVISORS LP | Added | +347.0k |
Biggest sellers
| WASATCH ADVISORS LP | Sold out | -2.7m |
| GW&K Investment Management, LLC | Sold out | -2.1m |
| CITADEL ADVISORS LLC | Reduced | -2.1m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Sold out | -1.5m |
| JENNISON ASSOCIATES LLC | Reduced | -1.5m |
| NEUBERGER BERMAN GROUP LLC | Reduced | -911.8k |
| Invenomic Capital Management LP | Reduced | -882.0k |
| RAYMOND JAMES FINANCIAL INC | Reduced | -870.7k |
| FEDERATED HERMES, INC. | Reduced | -868.0k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -808.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $5.0m430.8k shares |
| GROUP ONE TRADING LLC | Added | $1.3m111.0k shares |
| Balyasny Asset Management L.P. | New | $1.2m100.0k shares |
| JANE STREET GROUP, LLC | Reduced | $948.9k81.1k shares |
| Caption Management, LLC | Unchanged | $526.5k45.0k shares |
| CITADEL ADVISORS LLC | Added | $306.5k26.2k shares |
| Walleye Trading LLC | Added | $146.2k12.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $78.0k6.7k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.9m329.1k shares |
| J. Goldman & Co LP | New | $702.0k60.0k shares |
| JANE STREET GROUP, LLC | New | $654.0k55.9k shares |
| CITADEL ADVISORS LLC | Reduced | $134.6k11.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $79.0k6.8k shares |
| GROUP ONE TRADING LLC | Reduced | $5.8k500 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 Q2 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 |
|---|---|---|---|---|---|
| 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 |
| Q2 2025 | 0 | — | 2 | $205.6k | $98.2k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-09 | Butterfield Peter General Counsel and CCO | Sold plan | $98.2k9.6k shares |
| 2025-06-06 | Santos Edwin J Director | Sold | $52.5k5.0k shares |
| 2025-06-05 | Santos Edwin J Director | Sold | $54.9k5.5k 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, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 11.1m $130.4m | Reduced -381.2k |
| CADIAN CAPITAL MANAGEMENT, LP 6.39% of their portfolio | 9.8m $114.2m | Added +2.7m |
| Temasek Holdings (Private) Ltd 0.39% of their portfolio | 8.7m $101.6m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 8.7m $101.6m | Reduced -212.4k |
| Voss Capital, LP 6.53% of their portfolio | 8.1m $94.8m | Added +5.2m |
| Divisadero Street Capital Management, LP 3.75% of their portfolio | 4.8m $56.0m | Added +3.1m |
| D. E. Shaw & Co., Inc. 0.04% of their portfolio | 3.1m $35.8m | Added +2.9m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.0m $34.5m | Reduced -31.7k |
| STATE STREET CORP 0.00% of their portfolio | 2.9m $33.8m | Reduced -85.5k |
| Azora Capital LP 1.51% of their portfolio | 2.9m $33.4m | New |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.8m $21.3m | Added +347.0k |
| JENNISON ASSOCIATES LLC 0.01% of their portfolio | 1.8m $20.7m | Reduced -1.5m |
| PRIMECAP MANAGEMENT CO/CA/ 0.01% of their portfolio | 1.5m $18.0m | Reduced -258.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.06% of their portfolio | 1.5m $17.0m | Reduced -115.5k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 1.4m $16.3m | Added +135.9k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 1.4m $16.0m | Reduced -602.6k |
| MORGAN STANLEY 0.00% of their portfolio | 1.3m $15.7m | Added +587.6k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 1.3m $15.4m | Reduced -2.1m |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 1.3m $15.1m | Added +1.0m |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 1.2m $14.4m | Reduced -432.6k |
| North Reef Capital Management LP 0.57% of their portfolio | 1.1m $12.9m | Reduced -100.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.1m $12.6m | Reduced -6.9k |
| M&G PLC 0.07% of their portfolio | 1.1m $12.7m | New |
| Nuveen, LLC 0.00% of their portfolio | 1.0m $12.3m | Added +276.5k |
| GDS Wealth Management 0.81% of their portfolio | 953.9k $11.2m | Added +195.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 920.8k $10.8m | Reduced -8.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 793.7k $9.3m | Reduced -222.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 793.2k $9.3m | Reduced -448.0k |
| TUDOR INVESTMENT CORP ET AL 0.06% of their portfolio | 636.9k $7.5m | Reduced -127.5k |
| Invenomic Capital Management LP 0.42% of their portfolio | 632.6k $7.4m | Reduced -882.0k |
| PALISADE CAPITAL MANAGEMENT, LP 0.20% of their portfolio | 601.8k $7.0m | Added +149.8k |
| Norwood Investment Partners, LP 5.08% of their portfolio | 580.1k $6.8m | Added +134.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 546.1k $6.4m | Added +293.4k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 522.5k $6.1m | Reduced -808.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio | 520.6k $6.1m | Added +252.8k |
| Squarepoint Ops LLC 0.01% of their portfolio | 463.1k $5.4m | Added +316.4k |
| Walleye Capital LLC 0.05% of their portfolio | 462.7k $5.4m | Added +311.4k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 450.3k $5.3m | Reduced -595.6k |
| FMR LLC 0.00% of their portfolio | 446.8k $5.2m | Added +187.4k |
| READYSTATE ASSET MANAGEMENT LP 0.22% of their portfolio | 445.3k $5.2m | Reduced -510.6k |
| Trexquant Investment LP 0.06% of their portfolio | 438.1k $5.1m | Reduced -192.4k |
| Ensign Peak Advisors, Inc 0.01% of their portfolio | 414.8k $4.9m | Unchanged |
| Kent Lake PR LLC 2.14% of their portfolio | 414.4k $4.8m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 397.3k $4.6m | Added +297.5k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 394.7k $4.6m | Added +275.4k |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 367.0k $4.3m | Reduced -868.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 361.0k $4.2m | Reduced -4.7k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 340.6k $4.0m | Added +19.6k |
| UBS Group AG 0.00% of their portfolio | 335.0k $3.9m | Added +6.9k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 334.3k $3.9m | Added +193.7k |
| HRT FINANCIAL LP 0.02% of their portfolio | 331.2k $3.9m | Added +301.9k |
| Twenty Acre Capital LP 2.65% of their portfolio | 317.1k $3.7m | Added +42.1k |
| Aquatic Capital Management LLC 0.07% of their portfolio | 311.6k $3.6m | Added +141.5k |
| Palogic Value Management, L.P. 1.39% of their portfolio | 283.0k $3.3m | Reduced -50.0k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 275.4k $3.2m | New |
| ABS Direct Equity Fund LLC 5.12% of their portfolio | 275.0k $3.2m | Added +175.0k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 271.8k $3.2m | Reduced -870.7k |
| BARCLAYS PLC 0.00% of their portfolio | 240.2k $2.8m | Reduced -49.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 218.7k $2.6m | Added +48.7k |
| Interval Partners, LP 0.06% of their portfolio | 215.2k $2.5m | New |
| CITIGROUP INC 0.00% of their portfolio | 215.0k $2.5m | Added +105.7k |
| CAPITAL FUND MANAGEMENT S.A. 0.03% of their portfolio | 210.1k $2.5m | Added +107.0k |
| Swiss National Bank 0.00% of their portfolio | 209.2k $2.4m | Reduced -4.4k |
| Schonfeld Strategic Advisors LLC 0.02% of their portfolio | 205.8k $2.4m | Added +181.9k |
| NORGES BANK 0.00% of their portfolio | 199.5k $2.3m | Reduced -94.7k |
| Brevan Howard Capital Management LP 0.02% of their portfolio | 191.5k $2.2m | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 188.6k $2.2m | Added +19.0k |
| Rock Creek Group LLC 0.24% of their portfolio | 175.0k $2.0m | Added +114.1k |
| Verition Fund Management LLC 0.01% of their portfolio | 174.2k $2.0m | Added +72.5k |
| Penserra Capital Management LLC 0.03% of their portfolio | 165.9k $1.9m | Added +214 |
| Nebula Research & Development LLC 0.16% of their portfolio | 163.4k $1.9m | Reduced -18.8k |
| Legal & General Group Plc 0.00% of their portfolio | 156.2k $1.8m | Added +22.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 151.5k $1.8m | Reduced -105.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 146.0k $1.7m | Added +374 |
| Bullseye Asset Management LLC 0.85% of their portfolio | 146.0k $1.7m | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 143.6k $1.7m | Reduced -472.8k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 141.9k $1.7m | Reduced -11.5k |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 141.2k $1.7m | Added +33.2k |
| Y-Intercept (Hong Kong) Ltd 0.04% of their portfolio | 136.6k $1.6m | Added +21.3k |
| Centiva Capital, LP 0.10% of their portfolio | 130.8k $1.5m | Added +49.8k |
| Invesco Ltd. 0.00% of their portfolio | 127.6k $1.5m | Added +26.2k |
| PDT Partners, LLC 0.08% of their portfolio | 120.9k $1.4m | New |
| First Eagle Investment Management, LLC 0.00% of their portfolio | 116.5k $1.4m | New |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 109.4k $1.3m | Reduced -447.1k |
| Graham Capital Management, L.P. 0.04% of their portfolio | 109.3k $1.3m | Reduced -41.8k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 107.9k $1.3m | Added +7.4k |
| SIMPLEX TRADING, LLC 0.03% of their portfolio | 106.8k $1.2m | Added +99.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 103.0k $1.2m | Reduced -1.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 98.0k $1.1m | Added +7.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 94.9k $1.1m | Added +18.1k |
| ALGERT GLOBAL LLC 0.02% of their portfolio | 92.4k $1.1m | Reduced -75.9k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.04% of their portfolio | 89.9k $1.1m | New |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 86.3k $1.0m | Added +57.8k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 83.4k $976.0k | Added +5.7k |
| GSA CAPITAL PARTNERS LLP 0.07% of their portfolio | 82.7k $968.0k | Added +18.8k |
| Headlands Technologies LLC 0.11% of their portfolio | 81.8k $957.4k | Added +57.0k |
| Jump Financial, LLC 0.01% of their portfolio | 75.8k $887.1k | Reduced -138.5k |
| Walleye Trading LLC 0.02% of their portfolio | 74.2k $867.8k | Added +64.4k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 72.9k $852.9k | Unchanged |
| Engineers Gate Manager LP 0.01% of their portfolio | 71.8k $840.1k | Reduced -148.7k |