New Positions
16 managers initiated
Top five by reported value
- MACKENZIE FINANCIAL CORP$239.9K
- Pitcairn Wealth Advisors LLC$49.8K
- PRENTISS SMITH & CO INC$49.1K
- Abel Hall, LLC$24.5K
- JACOBS LEVY EQUITY MANAGEMENT, INC$23.6K
Expensify Inc NASDAQ NMS - GLOBAL MARKET:EXFY
Institutional holders, quarter-over-quarter share deltas, and new and closed positions disclosed in Form 13F. Period 2025-12-31 · prior 2025-09-30.
16 new32 added57 reduced14 exited
Total Institutional Holders
105
as of 2025-12-31
Top Holder
VANGUARD GROUP INC
$7.1M
Largest QoQ Increase
Palogic Value Management, L.P.
+470,078 sh
Largest QoQ Decrease
CEERA INVESTMENTS, LLC
-443,640 sh
New Positions(16)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| MACKENZIE FINANCIAL CORP | 160,243 | +160,243 | $239.9K | +$239.9K | — |
| Pitcairn Wealth Advisors LLC | 33,000 | +33,000 | $49.8K | +$49.8K | — |
| PRENTISS SMITH & CO INC | 32,485 | +32,485 | $49.1K | +$49.1K | — |
| Abel Hall, LLC | 16,243 | +16,243 | $24.5K | +$24.5K | — |
| JACOBS LEVY EQUITY MANAGEMENT, INC | 15,633 | +15,633 | $23.6K | +$23.6K | — |
| Vanguard Personalized Indexing Management, LLC | 15,579 | +15,579 | $23.5K | +$23.5K | — |
| Graham Capital Management, L.P. | 15,176 | +15,176 | $22.9K | +$22.9K | — |
| SIMPLEX TRADING, LLC | 13,238 | +13,238 | $20.0K | +$20.0K | — |
| IFP Advisors, Inc | 443 | +443 | $795 | +$795 | — |
| MAI Capital Management | 500 | +500 | $755 | +$755 | — |
| Allworth Financial LP | 163 | +163 | $247 | +$247 | — |
| ROTHSCHILD INVESTMENT LLC | 59 | +59 | $89 | +$89 | — |
| HRT FINANCIAL LP | 45,148 | +45,148 | $68 | +$68 | — |
| SG Americas Securities, LLC | 17,765 | +17,765 | $27 | +$27 | — |
| State of Alaska, Department of Revenue | 8,632 | +8,632 | $13 | +$13 | — |
| SJS Investment Consulting Inc. | 3 | +3 | $5 | +$5 | — |
Added To(32)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| VANGUARD GROUP INC | 4,675,746 | +132,107 | $7.1M | -$1.3M | 2.9% |
| AMERIPRISE FINANCIAL INC | 1,854,057 | +17,737 | $2.8M | -$597.6K | 1.0% |
| Palogic Value Management, L.P. | 1,403,065 | +470,078 | $2.1M | +$392.6K | 50.4% |
| MARSHALL WACE, LLP | 1,436,707 | +76,833 | $2.2M | -$346.3K | 5.7% |
| STATE STREET CORP | 713,578 | +40,445 | $1.1M | -$167.8K | 6.0% |
| BARCLAYS PLC | 146,015 | +20,406 | $378.2K | +$145.8K | 16.2% |
| CITIGROUP INC | 57,844 | +56,159 | $87.3K | +$84.2K | 3332.9% |
| TWO SIGMA INVESTMENTS, LP | 370,735 | +97,583 | $559.8K | +$54.5K | 35.7% |
| TWO SIGMA ADVISERS, LP | 264,400 | +20,100 | $399.2K | -$52.7K | 8.2% |
| XTX Topco Ltd | 191,397 | +10,150 | $289.0K | -$46.3K | 5.6% |
| Wealthspire Advisors, LLC | 106,212 | +40,000 | $160.4K | +$37.9K | 60.4% |
| Bank of New York Mellon Corp | 233,588 | +63,385 | $352.7K | +$37.8K | 37.2% |
| FMR LLC | 20,319 | +17,481 | $30.7K | +$25.4K | 616.0% |
| WELLS FARGO & COMPANY/MN | 70,036 | +26,238 | $105.8K | +$24.7K | 59.9% |
| Balyasny Asset Management LLC | 31,615 | +17,634 | $47.7K | +$21.9K | 126.1% |
| UBS Group AG | 92,116 | +25,898 | $139.1K | +$16.6K | 39.1% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 108,123 | +12,261 | $163.3K | -$14.1K | 12.8% |
| COLDSTREAM CAPITAL MANAGEMENT INC | 55,792 | +5,445 | $84.2K | -$8.9K | 10.8% |
| GROUP ONE TRADING, L.P. | 12,915 | +6,867 | $19.5K | +$8.3K | 113.5% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 28,513 | +880 | $43.1K | -$8.1K | 3.2% |
| Mariner, LLC | 15,497 | +334 | $23.4K | -$4.7K | 2.2% |
| Russell Investments Group, Ltd. | 8,952 | +3,999 | $13.5K | +$4.4K | 80.7% |
| Williams & Novak, LLC | 34,940 | +4,400 | $52.8K | -$3.7K | 14.4% |
| ProShare Advisors LLC | 10,923 | +698 | $16.5K | -$2.4K | 6.8% |
| Tower Research Capital LLC (TRC) | 6,834 | +81 | $10.3K | -$2.2K | 1.2% |
| Sterling Capital Management LLC | 2,120 | +131 | $3.2K | -$479 | 6.6% |
| True Wealth Design, LLC | 253 | +218 | $383 | +$318 | 622.9% |
| PNC Financial Services Group, Inc. | 201 | +200 | $304 | +$302 | 20000.0% |
| SBI Securities Co., Ltd. | 664 | +67 | $1.0K | -$101 | 11.2% |
| NISA INVESTMENT ADVISORS, LLC | 50 | +41 | $76 | +$59 | 455.6% |
| Sunbelt Securities, Inc. | 71 | +42 | $107 | +$53 | 144.8% |
| Covestor Ltd | 1,567 | +6 | $2 | -$1 | 0.4% |
Reduced(57)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| BlackRock, Inc. | 4,071,390 | -86,207 | $6.1M | -$1.5M | -2.1% |
| CastleKnight Management LP | 1,730,062 | -431,243 | $2.6M | -$1.4M | -19.9% |
| D. E. Shaw & Co., Inc. | 1,348,750 | -177,243 | $2.0M | -$786.5K | -11.6% |
| FORMULA GROWTH LTD | 900,000 | -250,000 | $1.4M | -$768.5K | -21.7% |
| Connor, Clark & Lunn Investment Management Ltd. | 980,208 | -100,786 | $1.5M | -$519.7K | -9.3% |
| GEODE CAPITAL MANAGEMENT, LLC | 1,401,032 | -6,563 | $2.1M | -$488.6K | -0.5% |
| MORGAN STANLEY | 531,276 | -130,036 | $802.2K | -$421.2K | -19.7% |
| DIMENSIONAL FUND ADVISORS LP | 147,094 | -150,762 | $222.0K | -$329.6K | -50.6% |
| CITADEL ADVISORS LLC | 86,931 | -158,231 | $131.3K | -$322.3K | -64.5% |
| RENAISSANCE TECHNOLOGIES LLC | 679,600 | -24,250 | $1.0M | -$275.9K | -3.4% |
| EXCHANGE TRADED CONCEPTS, LLC | 173,693 | -103,647 | $262.3K | -$250.8K | -37.4% |
| Qube Research & Technologies Ltd | 264,070 | -84,451 | $398.7K | -$246.0K | -24.2% |
| BNP PARIBAS ARBITRAGE, SNC | 19,743 | -123,432 | $29.8K | -$235.1K | -86.2% |
| AQR CAPITAL MANAGEMENT LLC | 160,813 | -95,104 | $242.8K | -$230.6K | -37.2% |
| IEQ CAPITAL, LLC | 482,823 | -28,785 | $729.1K | -$217.4K | -5.6% |
| NORTHERN TRUST CORP | 418,095 | -32,856 | $631.3K | -$202.9K | -7.3% |
| GOLDMAN SACHS GROUP INC | 294,037 | -30,576 | $444.0K | -$156.5K | -9.4% |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 448,331 | -346 | $677.0K | -$153.1K | -0.1% |
| Dynamic Technology Lab Private Ltd | 42,334 | -69,115 | $64.0K | -$142.0K | -62.0% |
| DEUTSCHE BANK AG\ | 47,382 | -53,265 | $71.5K | -$114.7K | -52.9% |
| JPMORGAN CHASE & CO | 59,362 | -41,117 | $89.6K | -$96.3K | -40.9% |
| JANE STREET GROUP, LLC | 18,821 | -36,835 | $28.4K | -$74.5K | -66.2% |
| BANK OF AMERICA CORP /DE/ | 94,790 | -11,109 | $143.1K | -$52.8K | -10.5% |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 144,300 | 0 | $217.9K | -$49.1K | 0.0% |
| AMERICAN CENTURY COMPANIES INC | 121,441 | 0 | $183.4K | -$41.3K | 0.0% |
| RHUMBLINE ADVISERS | 42,792 | -12,887 | $64.6K | -$38.4K | -23.1% |
| Nuveen, LLC | 77,657 | 0 | $117.3K | -$26.4K | 0.0% |
| Invesco Ltd. | 32,025 | -6,850 | $48.4K | -$23.6K | -17.6% |
| Vontobel Holding Ltd. | 54,137 | -808 | $81.7K | -$19.9K | -1.5% |
| ROYCE & ASSOCIATES LP | 25,477 | -4,632 | $38.5K | -$17.2K | -15.4% |
| INTECH INVESTMENT MANAGEMENT LLC | 27,045 | -3,485 | $40.8K | -$15.6K | -11.4% |
| NEW YORK STATE COMMON RETIREMENT FUND | 40,500 | 0 | $61.2K | -$13.8K | 0.0% |
| PRELUDE CAPITAL MANAGEMENT, LLC | 36,400 | 0 | $55.0K | -$12.4K | 0.0% |
| Quadrature Capital Ltd | 22,131 | -1,949 | $33.4K | -$11.3K | -8.1% |
| Royal Bank of Canada | 1,925 | -2,836 | $3.0K | -$10.0K | -59.6% |
| HighTower Advisors, LLC | 27,407 | 0 | $41.4K | -$9.3K | 0.0% |
| FRANKLIN RESOURCES INC | 17,301 | -1,127 | $26.1K | -$8.0K | -6.1% |
| GLOBEFLEX CAPITAL L P | 21,801 | 0 | $32.9K | -$7.4K | 0.0% |
| Sand Hill Global Advisors, LLC | 20,314 | 0 | $30.7K | -$6.9K | 0.0% |
| Voya Investment Management LLC | 12,539 | 0 | $18.9K | -$4.3K | 0.0% |
| Police & Firemen's Retirement System of New Jersey | 12,436 | 0 | $18.8K | -$4.2K | 0.0% |
| ADVISOR GROUP HOLDINGS, INC. | 9,591 | 0 | $14.5K | -$4.0K | 0.0% |
| ALLIANCEBERNSTEIN L.P. | 10,200 | 0 | $15.4K | -$3.5K | 0.0% |
| Ameritas Investment Partners, Inc. | 6,105 | 0 | $9.2K | -$2.1K | 0.0% |
| Legal & General Group Plc | 6,081 | 0 | $9.2K | -$2.1K | 0.0% |
| Mutual Advisors, LLC | 10,000 | 0 | $15.1K | -$1.7K | 0.0% |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | 3,676 | -58 | $5.6K | -$1.4K | -1.6% |
| ACADIAN ASSET MANAGEMENT LLC | 2,170,494 | -101,547 | $3.3K | -$925 | -4.5% |
| JONES FINANCIAL COMPANIES LLLP | 2,000 | 0 | $3.0K | -$880 | 0.0% |
| GSA CAPITAL PARTNERS LLP | 22,610 | -288,071 | $34 | -$541 | -92.7% |
| EverSource Wealth Advisors, LLC | 513 | -175 | $775 | -$498 | -25.4% |
| Clearstead Advisors, LLC | 2 | -198 | $4 | -$366 | -99.0% |
| Parallel Advisors, LLC | 100 | 0 | $151 | -$34 | 0.0% |
| CWM, LLC | 9,972 | -9,552 | $15 | -$21 | -48.9% |
| PRICE T ROWE ASSOCIATES INC /MD/ | 30,121 | 0 | $46 | -$10 | 0.0% |
| Rockefeller Capital Management L.P. | 10 | 0 | $15 | -$4 | 0.0% |
| AMALGAMATED BANK | 1,879 | -163 | $3 | -$1 | -8.0% |
Sold Out(14)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| CEERA INVESTMENTS, LLC | 0 | -443,640 | $0 | -$820.7K | — |
| VICTORY CAPITAL MANAGEMENT INC | 0 | -191,764 | $0 | -$354.8K | — |
| FEDERATED HERMES, INC. | 0 | -161,146 | $0 | -$298.1K | — |
| Morling Financial Advisors, LLC | 0 | -149,024 | $0 | -$275.7K | — |
| HSBC HOLDINGS PLC | 0 | -63,864 | $0 | -$119.4K | — |
| Verition Fund Management LLC | 0 | -55,912 | $0 | -$103.4K | — |
| Sugar Maple Asset Management, LLC | 0 | -51,000 | $0 | -$94.3K | — |
| Hillsdale Investment Management Inc. | 0 | -27,038 | $0 | -$50.0K | — |
| Savant Capital, LLC | 0 | -16,423 | $0 | -$30.4K | — |
| Squarepoint Ops LLC | 0 | -14,499 | $0 | -$26.8K | — |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 0 | -12,907 | $0 | -$21.9K | — |
| SRS Capital Advisors, Inc. | 0 | -8,017 | $0 | -$14.8K | — |
| Golden State Wealth Management, LLC | 0 | -55 | $0 | -$102 | — |
| Wealth Watch Advisors, INC | 0 | -14 | $0 | -$26 | — |
Top Holders by reported value
Ranked by the dollar value reported on the latest Form 13F. Share counts reflect long positions as of 2025-12-31.
| Manager | Shares | $ Value | Δ Shares | QoQ % |
|---|---|---|---|---|
| VANGUARD GROUP INC | 4,675,746 | $7.1M | +132,107 | 2.9% |
| BlackRock, Inc. | 4,071,390 | $6.1M | -86,207 | -2.1% |
| AMERIPRISE FINANCIAL INC | 1,854,057 | $2.8M | +17,737 | 1.0% |
| CastleKnight Management LP | 1,730,062 | $2.6M | -431,243 | -19.9% |
| MARSHALL WACE, LLP | 1,436,707 | $2.2M | +76,833 | 5.7% |
| Palogic Value Management, L.P. | 1,403,065 | $2.1M | +470,078 | 50.4% |
| GEODE CAPITAL MANAGEMENT, LLC | 1,401,032 | $2.1M | -6,563 | -0.5% |
| D. E. Shaw & Co., Inc. | 1,348,750 | $2.0M | -177,243 | -11.6% |
| Connor, Clark & Lunn Investment Management Ltd. | 980,208 | $1.5M | -100,786 | -9.3% |
| FORMULA GROWTH LTD | 900,000 | $1.4M | -250,000 | -21.7% |
| STATE STREET CORP | 713,578 | $1.1M | +40,445 | 6.0% |
| RENAISSANCE TECHNOLOGIES LLC | 679,600 | $1.0M | -24,250 | -3.4% |
| MORGAN STANLEY | 531,276 | $802.2K | -130,036 | -19.7% |
| IEQ CAPITAL, LLC | 482,823 | $729.1K | -28,785 | -5.6% |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 448,331 | $677.0K | -346 | -0.1% |
| NORTHERN TRUST CORP | 418,095 | $631.3K | -32,856 | -7.3% |
| TWO SIGMA INVESTMENTS, LP | 370,735 | $559.8K | +97,583 | 35.7% |
| GOLDMAN SACHS GROUP INC | 294,037 | $444.0K | -30,576 | -9.4% |
| TWO SIGMA ADVISERS, LP | 264,400 | $399.2K | +20,100 | 8.2% |
| Qube Research & Technologies Ltd | 264,070 | $398.7K | -84,451 | -24.2% |
New & Closed Positions this quarter
Closed Positions
14 managers exited
Top five by prior-quarter value
- CEERA INVESTMENTS, LLC$820.7K
- VICTORY CAPITAL MANAGEMENT INC$354.8K
- FEDERATED HERMES, INC.$298.1K
- Morling Financial Advisors, LLC$275.7K
- HSBC HOLDINGS PLC$119.4K
Methodology
Form 13F is the SEC's quarterly disclosure for institutional investment managers exercising discretion over $100 million or more in qualifying U.S. equity securities. Managers must file within 45 days of each calendar quarter end, which is why holdings shown here reflect a snapshot at the period date — not real-time positioning.
Quarter-over-quarter deltas compare each manager's most recently reported share count for EXFY against its prior-quarter count. New positions are entries where the prior count was zero; closed positions are entries where the current count is zero. Amendments (13F-HR/A) replace prior filings for the same period.
Source: SEC EDGAR Form 13F (XML information tables). Dollar values are as reported by the manager and may use mid-quarter pricing conventions. CUSIP-to-ticker resolution is best-effort.