AvidXchange Holdings Inc (AVDX) Ownership

11.40 ↑0.23 (2.06%)

As of January 27, 2023, 3:58pm EST.

Institutions
Mutual Funds

Institutional Ownership

BAIN CAPITAL VENTURE INVESTORS, LLC is the biggest individual institutional holder of AvidXchange Holdings Inc (AVDX), owning a total of 18.9 million shares. Combined, the top 26 institutional holders of AVDX own 70.38% of the company with a total of 139.8 million shares.

In the latest ownership report on September 30th 2022, the top 26 institutional holders increased their combined ownership of AVDX by 13.5 million shares. 10 institutions bought 17,254,464 total additional shares and increased their ownership by an average of 75.46%. However 3 institutions sold 3,707,143 total shares and decreased their ownership by an average of 11.8%.

Overall this is a positive sign as the number of shares owned by the top 20 institutional holders of AvidXchange Holdings increased by a net total of 13,547,321 in the latest quarter.

Institution Ownership Chart

Latest Institutional Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
BAIN CAPITAL VENTURE INVESTORS, LLC	9.526%	0.000%	18,929,292	0	2022-09-30
Vanguard Group Inc	6.659%	19.512%	13,231,439	2,160,242	2022-09-30
BlackRock Inc	5.845%	13.732%	11,613,485	1,402,183	2022-09-30
Caisse De Depot Et Placement Du Quebec	5.827%	0.000%	11,578,968	0	2022-09-30
Biltmore Family Office, LLC	4.237%	124.585%	8,418,858	4,670,226	2022-09-30
Capital Research Global Investors	3.524%	-34.459%	7,001,882	-3,681,397	2022-09-30
Lone Pine Capital LLC	2.557%	0.000%	5,080,632	0	2022-09-30
Foundry Group, LLC	2.533%	0.000%	5,032,964	0	2022-09-30
Millennium Management LLC	2.421%	52.492%	4,810,035	1,655,752	2022-09-30
Harbourvest Partners, LLC	1.705%	0.000%	3,387,792	0	2022-09-30
Lord, Abbett & Co LLC	1.654%	138.063%	3,287,202	1,906,388	2022-09-30
Sapphire Ventures (GPE) I, L.L.C.	1.458%	0.000%	2,897,248	0	2022-09-30
State Street Corporation	1.435%	22.922%	2,850,849	531,619	2022-09-30
Morgan Stanley - Brokerage Accounts	1.399%	-0.904%	2,780,448	-25,356	2022-09-30
Nuveen Asset Management, LLC	1.386%	156.253%	2,753,115	1,678,743	2022-09-30
Tikvah Management LLC	1.385%	0.000%	2,752,798	0	2022-09-30
Bank of New York Mellon Corp	1.319%	89.895%	2,621,372	1,240,937	2022-09-30
Geode Capital Management, LLC	1.259%	61.830%	2,502,581	956,155	2022-09-30
Deutsche Bank AG	1.233%	75.313%	2,449,355	1,052,219	2022-09-30
SCGE MANAGEMENT, L.P.	1.027%	0.000%	2,040,316	0	2022-09-30
Sequoia Capital	1.027%	0.000%	2,040,316	0	2022-09-30
Par Capital Management Inc	1.007%	0.000%	2,000,000	0	2022-09-30
HHG PLC	0.864%	-0.023%	1,714,903	-390	2022-09-30

Top Institutions

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
BAIN CAPITAL VENTURE INVESTORS, LLC	9.526%	0.000%	18,929,292	0	2022-09-30
Vanguard Group Inc	6.659%	19.512%	13,231,439	2,160,242	2022-09-30
BlackRock Inc	5.845%	13.732%	11,613,485	1,402,183	2022-09-30
Caisse De Depot Et Placement Du Quebec	5.827%	0.000%	11,578,968	0	2022-09-30
Temasek Holdings Ltd.	5.305%	-8.150%	10,528,954	-934,218	2022-06-30
Biltmore Family Office, LLC	4.237%	124.585%	8,418,858	4,670,226	2022-09-30
Capital Research Global Investors	3.524%	-34.459%	7,001,882	-3,681,397	2022-09-30
Citadel Advisors Llc	2.855%	70.550%	5,672,184	2,346,372	2022-06-30
Lone Pine Capital LLC	2.557%	0.000%	5,080,632	0	2022-09-30
Foundry Group, LLC	2.533%	0.000%	5,032,964	0	2022-09-30
Millennium Management LLC	2.421%	52.492%	4,810,035	1,655,752	2022-09-30
Harbourvest Partners, LLC	1.705%	0.000%	3,387,792	0	2022-09-30
Lord, Abbett & Co LLC	1.654%	138.063%	3,287,202	1,906,388	2022-09-30
Sapphire Ventures (GPE) I, L.L.C.	1.458%	0.000%	2,897,248	0	2022-09-30
State Street Corporation	1.435%	22.922%	2,850,849	531,619	2022-09-30
Morgan Stanley - Brokerage Accounts	1.399%	-0.904%	2,780,448	-25,356	2022-09-30
Nuveen Asset Management, LLC	1.386%	156.253%	2,753,115	1,678,743	2022-09-30
Tikvah Management LLC	1.385%	0.000%	2,752,798	0	2022-09-30
Bank of New York Mellon Corp	1.319%	89.895%	2,621,372	1,240,937	2022-09-30
Geode Capital Management, LLC	1.259%	61.830%	2,502,581	956,155	2022-09-30
Deutsche Bank AG	1.233%	75.313%	2,449,355	1,052,219	2022-09-30
SCGE MANAGEMENT, L.P.	1.027%	0.000%	2,040,316	0	2022-09-30
Sequoia Capital	1.027%	0.000%	2,040,316	0	2022-09-30
Par Capital Management Inc	1.007%	0.000%	2,000,000	0	2022-09-30
Sixth Street Partners Management Company, L.P.	0.939%	0.000%	1,863,371	0	2022-06-30
HHG PLC	0.864%	-0.023%	1,714,903	-390	2022-09-30

Mutual Fund Ownership

American Funds New Economy A is the biggest individual fund holder of AvidXchange Holdings Inc (AVDX), owning a total of 3.9 million shares. Combined, the top 20 mutual fund holders of AVDX own 21.85% of the company with a total of 43.4 million shares.

In the latest ownership report on December 30th 2022, the top 20 fund holders increased their combined ownership of AVDX by 18 thousand shares. 2 funds bought 9,991 total additional shares and increased their ownership by an average of 0.45%. However 1 funds sold 28,050 total shares and decreased their ownership by an average of 0.83%.

Overall this is a negative sign as the number of shares owned by the top 20 mutual funds holding AvidXchange Holdings decreased by a net total of -18,059 in the latest report.

Mutual Funds Chart

Latest Mutual Fund Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
iShares Russell 2000 ETF	1.686%	-0.830%	3,350,722	-28,050	2022-12-30
WisdomTree Cloud Computing ETF	0.567%	0.783%	1,127,442	8,764	2022-12-30
iShares Russell 2000 Growth ETF	0.549%	0.113%	1,091,151	1,227	2022-12-30

Top Mutual Funds

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
American Funds New Economy A	1.984%	0.000%	3,943,000	3,943,000	2022-09-30
Capital Group New Economy Comp	1.984%	0.000%	3,943,000	3,943,000	2022-09-30
Vanguard Instl Ttl Stck Mkt Idx Tr	1.863%	6.130%	3,701,044	213,783	2022-09-30
Vanguard Total Stock Mkt Idx Inv	1.833%	0.000%	3,641,244	0	2022-11-30
iShares Russell 2000 ETF	1.686%	-0.830%	3,350,722	-28,050	2022-12-30
Vanguard Small Cap Index	1.542%	0.008%	3,062,954	252	2022-11-30
Lord Abbett Developing Growth A	1.458%	78.258%	2,896,045	1,271,405	2022-11-30
American Funds SMALLCAP World A	1.231%	-69.027%	2,445,867	-5,450,775	2022-09-30
Vanguard Small Cap Value Index Inv	1.074%	1.521%	2,134,909	31,980	2022-11-30
Vanguard Extended Market Index Investor	0.915%	0.360%	1,818,444	6,519	2022-11-30
Xtrackers ShortDAX Daily Swap ETF 1C	0.868%	0.000%	1,724,028	1,724,028	2022-09-30
Janus Henderson US Small Cap Growth	0.774%	0.000%	1,538,106	0	2022-09-30
Janus Henderson Venture D	0.774%	0.000%	1,538,106	0	2022-09-30
BGF Next Generation Technology Z2 USD	0.647%	5.370%	1,285,501	65,517	2022-09-30
Fidelity® Small Cap Index	0.584%	1.840%	1,161,193	20,980	2022-10-31
WisdomTree Cloud Computing ETF	0.567%	0.783%	1,127,442	8,764	2022-12-30
BlackRock Science & Technology Trust II	0.561%	0.000%	1,115,450	0	2022-11-30
CREF Stock R1	0.552%	-1.855%	1,096,580	-20,727	2022-11-30
iShares Russell 2000 Growth ETF	0.549%	0.113%	1,091,151	1,227	2022-12-30
TIAA-CREF Quant Small-Cap Equity Instl	0.401%	-1.491%	796,080	-12,050	2022-11-30