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 ($678.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $11.64. Options: 8 managers hold calls ($6.2m notional), 7 hold puts ($7.0m).
Trends to Q1 2026
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 |
| Q3 2025 | 200 |
| Q4 2025 | 211 |
| Q1 2026 | 210 |
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 2024 | 139 | 108 |
| Q3 2024 | 114 | 105 |
| Q4 2024 | 130 | 108 |
| Q1 2025 | 139 | 130 |
| Q2 2025 | 111 | 137 |
| Q3 2025 | 117 | 106 |
| Q4 2025 | 112 | 93 |
| Q1 2026 | 120 | 95 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $9.5m | $5.4m | 0.57 |
| Q3 2025 | $6.9m | $5.3m | 0.78 |
| Q4 2025 | $6.1m | $373.8k | 0.06 |
| Q1 2026 | $6.2m | $7.0m | 1.14 |
Biggest buyers
| Voss Capital, LP | Added | +1.9m |
| Balyasny Asset Management L.P. | Added | +1.5m |
| GOLDMAN SACHS GROUP INC | Added | +885.3k |
| JENNISON ASSOCIATES LLC | Added | +878.2k |
| Pillsbury Lake Capital LLC | New | +771.4k |
| JANE STREET GROUP, LLC | New | +631.8k |
| Ararat Capital Management LP | Added | +551.9k |
| North Reef Capital Management LP | Added | +500.0k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +466.3k |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +447.4k |
Biggest sellers
| CADIAN CAPITAL MANAGEMENT, LP | Reduced | -1.3m |
| UBS Group AG | Reduced | -1.1m |
| FRONTIER CAPITAL MANAGEMENT CO LLC | Sold out | -1.1m |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -998.3k |
| CITADEL ADVISORS LLC | Reduced | -743.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -618.3k |
| BARCLAYS PLC | Reduced | -549.7k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Reduced | -505.4k |
| PRINCIPAL FINANCIAL GROUP INC | Sold out | -504.8k |
| STIFEL FINANCIAL CORP | Sold out | -479.2k |
Biggest calls
| Voss Capital, LP | New | $1.8m154.5k shares |
| GROUP ONE TRADING LLC | Reduced | $1.4m120.9k shares |
| BARCLAYS PLC | New | $1.3m108.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $813.6k69.9k shares |
| CITADEL ADVISORS LLC | Reduced | $464.4k39.9k shares |
| IMC-Chicago, LLC | New | $207.2k17.8k shares |
| JANE STREET GROUP, LLC | Reduced | $192.1k16.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $24.4k2.1k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.9m336.8k shares |
| GROUP ONE TRADING LLC | Added | $848.6k72.9k shares |
| IMC-Chicago, LLC | New | $811.3k69.7k shares |
| CITADEL ADVISORS LLC | New | $764.7k65.7k shares |
| JANE STREET GROUP, LLC | New | $351.5k30.2k shares |
| SIMPLEX TRADING, LLC | Added | $213.0k18.3k shares |
| TUDOR INVESTMENT CORP ET AL | New | $133.9k11.5k 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 2026
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 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 |
| Q3 2025 | 0 | — | 1 | $125.8k | $125.8k |
| Q4 2025 | 0 | — | 2 | $133.2k | $133.2k |
| Q1 2026 | 0 | — | 3 | $2.4m | $2.4m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-05 | Butterfield Peter General Counsel and CCO | Sold plan | $117.6k9.0k shares |
| 2026-03-02 | Massaro Michael Chief Executive Officer, director | Sold plan | $1.8m150.0k shares |
| 2026-02-13 | Voss Capital, LP +4 10% owner · By: By: Voss Value Master Fund, L.P. | Bought | $274.8k25.0k shares |
| 2026-01-07 | Riese Phillip John Director | Sold plan | $250.5k16.6k shares |
| 2026-01-07 | Butterfield Peter General Counsel and CCO | Sold plan | $200.0k13.3k 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 2026
| Manager | Shares | Change |
|---|---|---|
| Voss Capital, LP 9.07% of their portfolio | 13.6m $158.6m | Added +1.9m |
| BlackRock, Inc. 0.00% of their portfolio | 8.7m $100.8m | Added +22.5k |
| CADIAN CAPITAL MANAGEMENT, LP 9.38% of their portfolio | 6.6m $77.0m | Reduced -1.3m |
| Temasek Holdings (Private) Ltd 0.24% of their portfolio | 6.2m $71.9m | Reduced -217.5k |
| Divisadero Street Capital Management, LP 3.31% of their portfolio | 6.1m $70.7m | Added +284.1k |
| JENNISON ASSOCIATES LLC 0.04% of their portfolio | 5.3m $61.7m | Added +878.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 5.3m $61.4m | Added +447.4k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 5.0m $58.7m | First filing |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 5.0m $57.9m | First filing |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 3.4m $39.4m | Reduced -743.0k |
| MANGROVE PARTNERS IM, LLC 2.85% of their portfolio | 3.0m $35.1m | Added +30.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.0m $34.9m | Added +16.8k |
| STATE STREET CORP 0.00% of their portfolio | 2.9m $33.3m | Reduced -1.1k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.9m $22.0m | Added +296.0k |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 1.7m $20.2m | Added +1.5m |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 1.6m $18.4m | Added +282.0k |
| MORGAN STANLEY 0.00% of their portfolio | 1.5m $17.6m | Reduced -367.9k |
| PRIMECAP MANAGEMENT CO/CA/ 0.01% of their portfolio | 1.5m $17.2m | Reduced -99.0k |
| Ararat Capital Management LP 9.47% of their portfolio | 1.4m $16.8m | Added +551.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.4m $16.5m | Added +885.3k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 1.2m $13.9m | Reduced -60.3k |
| COOPER CREEK PARTNERS MANAGEMENT LLC 0.64% of their portfolio | 1.1m $13.3m | Unchanged |
| North Reef Capital Management LP 0.44% of their portfolio | 1.1m $12.8m | Added +500.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.0m $12.0m | Added +15.7k |
| Nuveen, LLC 0.00% of their portfolio | 1.0m $11.8m | Added +18.1k |
| Karl Kapital LLC 8.10% of their portfolio | 1.0m $11.7m | Added +273.5k |
| GDS Wealth Management 0.66% of their portfolio | 940.2k $10.9m | Added +113.0k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 927.0k $10.8m | Added +171.6k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 925.3k $10.8m | Reduced -15.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 921.6k $10.7m | Added +45.7k |
| Point72 Asset Management, L.P. 0.02% of their portfolio | 909.4k $10.6m | Added +11.7k |
| PALISADE CAPITAL MANAGEMENT, LP 0.35% of their portfolio | 895.9k $10.4m | Added +144.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 887.2k $10.3m | Added +466.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 833.9k $9.7m | Reduced -207.4k |
| First Eagle Investment Management, LLC 0.02% of their portfolio | 800.8k $9.3m | Added +370.5k |
| Pillsbury Lake Capital LLC 4.07% of their portfolio | 771.4k $9.0m | New |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 769.5k $9.0m | First filing |
| FMR LLC 0.00% of their portfolio | 747.4k $8.7m | Added +118.3k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 739.6k $8.6m | Added +318.2k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 631.8k $7.4m | New |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 540.0k $6.3m | Added +240.8k |
| Interval Partners, LP 0.16% of their portfolio | 407.7k $4.7m | Reduced -260.2k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 392.0k $4.6m | Reduced -30.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 391.8k $4.6m | Added +8.5k |
| Norwood Investment Partners, LP 6.95% of their portfolio | 388.0k $4.5m | Reduced -200.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 363.4k $4.2m | Added +61.8k |
| Trexquant Investment LP 0.03% of their portfolio | 351.1k $4.1m | Added +155.4k |
| ABS Direct Equity Fund LLC 3.11% of their portfolio | 350.0k $4.1m | Added +30.0k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 340.1k $4.0m | Added +140.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 331.7k $3.9m | Added +319.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 323.8k $3.8m | Reduced -8.9k |
| Lane Generational LLC 2.58% of their portfolio | 278.2k $3.2m | Added +183.0k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 269.9k $3.1m | Reduced -10.5k |
| Rock Creek Group LLC 0.29% of their portfolio | 250.0k $2.9m | Added +150.0k |
| Palogic Value Management, L.P. 1.27% of their portfolio | 250.0k $2.9m | Added +35.0k |
| Quantinno Capital Management LP 0.00% of their portfolio | 238.8k $2.8m | Added +79.4k |
| Roubaix Capital, LLC 1.25% of their portfolio | 230.7k $2.7m | New |
| Swiss National Bank 0.00% of their portfolio | 213.8k $2.5m | Unchanged |
| HUSSMAN STRATEGIC ADVISORS, INC. 0.53% of their portfolio | 210.0k $2.4m | New |
| Squarepoint Ops LLC 0.01% of their portfolio | 208.7k $2.4m | New |
| Invesco Ltd. 0.00% of their portfolio | 198.2k $2.3m | Added +21.4k |
| Schonfeld Strategic Advisors LLC 0.02% of their portfolio | 197.2k $2.3m | Reduced -57.9k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 196.7k $2.3m | Reduced -618.3k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 191.7k $2.2m | Added +49.1k |
| LPL Financial LLC 0.00% of their portfolio | 191.1k $2.2m | Added +87.5k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.05% of their portfolio | 186.3k $2.2m | New |
| UBS Group AG 0.00% of their portfolio | 184.3k $2.1m | Reduced -1.1m |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 177.4k $2.1m | Added +52.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 158.2k $1.8m | Reduced -282 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 146.6k $1.7m | Added +43.7k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 146.0k $1.7m | Reduced -26.2k |
| Bullseye Asset Management LLC 0.98% of their portfolio | 146.0k $1.7m | Unchanged |
| CIBC Bancorp USA Inc. 0.00% of their portfolio | 144.0k $1.7m | First filing |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 141.0k $1.6m | Added +22.8k |
| JUPITER ASSET MANAGEMENT LTD 0.01% of their portfolio | 129.8k $1.5m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 129.4k $1.8m | Reduced -382.8k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 127.1k $1.5m | Reduced -83.7k |
| Buckley Capital Advisors, LLC 1.16% of their portfolio | 117.2k $1.4m | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 111.9k $1.3m | Added +10.9k |
| Legal & General Group Plc 0.00% of their portfolio | 111.1k $1.3m | Reduced -26.0k |
| CITIGROUP INC 0.00% of their portfolio | 110.8k $1.3m | Added +10.0k |
| ADVISORY RESEARCH INC 0.16% of their portfolio | 108.5k $1.3m | Reduced -1.4k |
| Penserra Capital Management LLC 0.01% of their portfolio | 103.6k $1.2m | Reduced -30.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio | 99.1k $1.2m | Reduced -505.4k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 98.6k $1.1m | Reduced -25.4k |
| State of Wyoming 0.14% of their portfolio | 98.4k $1.1m | Added +41.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 95.8k $1.1m | Added +6.3k |
| IEQ CAPITAL, LLC 0.01% of their portfolio | 94.8k $1.1m | Added +35.3k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 94.6k $1.1m | First filing |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 93.0k $1.1m | Added +91.2k |
| Gotham Asset Management, LLC 0.00% of their portfolio | 74.6k $868.2k | Added +3.3k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 71.4k $831.5k | Reduced -25.8k |
| Waverly Advisors, LLC 0.01% of their portfolio | 68.4k $795.9k | Unchanged |
| MetLife Investment Management, LLC 0.00% of their portfolio | 68.0k $791.2k | Added +2.0k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 66.5k $774.2k | Reduced -1.6k |
| Creative Planning 0.00% of their portfolio | 63.4k $738.4k | Reduced -2.9k |
| IMC-Chicago, LLC 0.01% of their portfolio | 56.7k $660.0k | New |
| STRS OHIO 0.00% of their portfolio | 56.5k $657.7k | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 54.7k $636.9k | Added +17.0k |
| Focus Partners Wealth 0.00% of their portfolio | 54.2k $630.9k | Added +5.6k |