13FPulse
FL

FLYW FLYWIRE CORP-VOTING

2026Q2 · CUSIP 302492103 · Sector: Other

Piling in

Net holder growth ranks near the top of the market

Funds that own it
236
Institutions that reported holding it to the SEC
Net increase in holders
+27
Last quarter 209 → now 236
How unusual is that
Top 20%
Stronger buying than 88% of US stocks
What the filings say, in one paragraph

236 funds held FLYW at the end of 2026Q2, up 27 from the quarter before. That is stronger buying than 87.9% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $714M(YoY +32.2%), the P/E is 69.7x, return on equity is 4.2%. FLYW has had 8 buying rushes in its history, and the price moved -8.7% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Other sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2021Q3: holders=80 2021Q4: holders=115 2022Q1: holders=121 2022Q2: holders=143 2022Q3: holders=155 2022Q4: holders=176 2023Q1: holders=200 2023Q2: holders=235 2023Q3: holders=231 2023Q4: holders=236 2024Q1: holders=222 2024Q2: holders=219 2024Q3: holders=218 2024Q4: holders=241 2025Q1: holders=236 2025Q2: holders=204 2025Q3: holders=201 2025Q4: holders=210 2026Q1: holders=209 2026Q2: holders=236 -35 -17.5 +0 +17.5 +35 72163254 21Q322Q122Q323Q123Q324Q124Q325Q125Q326Q126Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 8 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 20%
2023Q2 Top 5% -27.4% -26.2%
2023Q1 Top 10% +5.1% -24.1%
2022Q4 Top 20% +30.0% +30.4%
2022Q3 Top 20% +6.2% +37.0%
2022Q2 Top 5% -11.9% -11.6%
2021Q4 Top 20% -37.3% -8.8%
2021Q3 Top 20% -38.3% -57.5%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
136
Change in large funds
+16
Total value they hold
$2.3B
Funds buying for the first time
57
Funds that sold out entirely
30
Price change that quarter
+17.5%
Funds holding puts (bearish)
3
Funds holding calls (bullish)
4

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
69.7
EPS (TTM)
$0.27
EPS YoY
+440.0%
Revenue (TTM)
$0.7B
Revenue YoY
+32.2%
Net margin
4.8%
ROE
4.2%
Debt ratio
29.8%
FCF (TTM)
$165M
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2021-09-30: EPS 0.08 2021-12-31: EPS 0.29 2022-03-31: EPS -0.10 2022-06-30: EPS -0.22 2022-09-30: EPS -0.04 2022-12-31: EPS 0.00 2023-03-31: EPS -0.03 2023-06-30: EPS -0.15 2023-09-30: EPS 0.08 2023-12-31: EPS 0.03 2024-03-31: EPS -0.05 2024-06-30: EPS -0.11 2024-09-30: EPS 0.30 2024-12-31: EPS -0.12 2025-03-31: EPS -0.03 2025-06-30: EPS -0.10 2025-09-30: EPS 0.23 2025-12-31: EPS 0.01 2026-03-31: EPS 0.10 2026-06-30: EPS -0.07 0M 100M 200M $M -0.24 0.04 0.33 202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 247 60 542 1024 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-79M56M190M 2020202120222023202420252026
Latest quarter $-16M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.