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Waystar Holding Corp.

WAY
Exchange
Nasdaq
Industry
Services-Computer Integrated Systems Design
SEC CIK
0001990354

In the last 90 days, Waystar Holding Corp. insiders filed 0 open-market purchases and 3 sales; 301 institutions reported holding it in 13F filings for Q2 2026, worth $4.35B in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Waystar Holding Corp. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
300
+6 vs. Q3 2025
Shares held
199.4M
+13.8M (+7.4%) vs. Q3 2025
Total value
$6.53B
−$512.8M (−7.3%) vs. Q3 2025
New holders
73
114 more added
Sold out
67
89 more reduced

7 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting WAY on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 300 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 0 institutionsQ1 2022: 0 institutionsQ2 2022: 0 institutionsQ3 2022: 0 institutionsQ4 2022: 0 institutionsQ1 2023: 0 institutionsQ2 2023: 0 institutionsQ3 2023: 0 institutionsQ4 2023: 0 institutionsQ1 2024: 0 institutionsQ2 2024: 92 institutionsQ3 2024: 117 institutionsQ4 2024: 165 institutionsQ1 2025: 226 institutionsQ2 2025: 268 institutionsQ3 2025: 301 institutionsQ4 2025: 300 institutionsQ1 2026: 307 institutionsQ2 2026: 301 institutions
Value heldQ4 2025: $6.53B
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $0Q1 2022: $0Q2 2022: $0Q3 2022: $0Q4 2022: $0Q1 2023: $0Q2 2023: $0Q3 2023: $0Q4 2023: $0Q1 2024: $0Q2 2024: $2.65BQ3 2024: $3.46BQ4 2024: $4.62BQ1 2025: $5.15BQ2 2025: $5.90BQ3 2025: $7.06BQ4 2025: $6.53BQ1 2026: $4.94BQ2 2026: $4.35B
Institutions holding WAY and their total value by quarter
QuarterHoldersValue
Q2 2026301$4.35B
Q1 2026307$4.94B
Q4 2025300$6.53B
Q3 2025301$7.06B
Q2 2025268$5.90B
Q1 2025226$5.15B
Q4 2024165$4.62B
Q3 2024117$3.46B
Q2 202492$2.65B
Q1 20240$0
Q4 20230$0
Q3 20230$0
Q2 20230$0
Q1 20230$0
Q4 20220$0
Q3 20220$0
Q2 20220$0
Q1 20220$0
Q4 20210$0
Q3 20210$0
Q2 20210$0
Q1 20210$0

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Waystar Holding Corp.; share changes are against Q3 2025.

Institutions holding WAY in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
EQT Fund Management S.a r.l.24,879,437$814.8M73.27%00.0%Unchanged
Canada Pension Plan Investment Board19,025,452$623.1M0.42%00.0%Unchanged
BlackRock, Inc.16,466,240$539.3M0.01%+280,990+1.7%Added
FMR LLC14,037,109$459.7M0.02%+9,191,157+189.7%Added
Bain Capital Investors LLC13,243,539$433.7M9.38%00.0%Unchanged
Vanguard Group Inc12,330,872$403.8M0.01%+41,062+0.3%Added
Advent International Corp11,059,899$362.2M7.50%+11,059,899New
Neuberger Berman Group LLC5,470,932$179.2M0.13%+244,696+4.7%Added
William Blair Investment Management, LLC5,282,220$173.0M0.48%+19,033+0.4%Added
State Street Corp4,134,052$135.4M0.00%+159,183+4.0%Added
Geode Capital Management, LLC3,398,053$111.3M0.01%+224,908+7.1%Added
Artisan Partners Limited Partnership3,164,546$103.6M0.16%+646,156+25.7%Added
Invesco Ltd.3,113,123$102.0M0.01%−17,107−0.5%Reduced
Millennium Management LLC2,914,618$95.5M0.07%+809,197+38.4%Added
Goldman Sachs Group Inc2,827,474$92.6M0.01%+705,429+33.2%Added
PointState Capital LP2,773,241$90.8M1.55%+673,469+32.1%Added
UBS Group AG2,310,592$75.7M0.01%−1,205,947−34.3%Reduced
ArrowMark Colorado Holdings LLC1,923,110$63.0M1.39%−184,640−8.8%Reduced
Price T Rowe Associates Inc1,611,445$52.8M0.01%+318,007+24.6%Added
Voya Investment Management LLC1,605,830$52.6M0.05%+179,500+12.6%Added
Thrivent Financial for Lutherans1,399,429$45.8M0.08%+517,002+58.6%Added
Bamco Inc1,393,634$45.6M0.12%+1,393,634New
Norges Bank1,362,650$44.6M0.00%+1,362,650New
Bank of America Corp1,276,126$41.8M0.00%−486,216−27.6%Reduced
Holocene Advisors, LP1,189,722$39.0M0.08%+1,145,018+2,561.3%Added
Dimensional Fund Advisors LP1,177,543$38.6M0.01%+340,573+40.7%Added
Charles Schwab Investment Management Inc1,148,153$37.6M0.01%+17,533+1.6%Added
Adage Capital Partners GP, L.L.C.1,105,454$36.2M0.05%+421,220+61.6%Added
Renaissance Technologies LLC1,072,300$35.1M0.05%−23,600−2.2%Reduced
Northern Trust Corp1,051,201$34.4M0.00%−49,174−4.5%Reduced
JPMorgan Chase & Co1,012,476$33.2M0.00%−1,477,096−59.3%Reduced
Lykos Global Management, LP1,000,000$32.8M23.17%+1,000,000New
Freestone Grove Partners LP944,380$30.9M0.22%−23,055−2.4%Reduced
Federated Hermes, Inc.927,172$30.4M0.05%+53,180+6.1%Added
Bain Capital Venture Investors, LLC882,965$28.9M11.35%+882,965New
Jennison Associates LLC882,830$28.9M0.02%−8,030−0.9%Reduced
Oberweis Asset Management Inc840,600$27.5M1.01%+4,050+0.5%Added
Morgan Stanley838,814$27.5M0.00%−140,711−14.4%Reduced
Principal Financial Group Inc826,870$27.1M0.01%+46,899+6.0%Added
Janus Henderson Group PLC789,691$25.9M0.01%−96,243−10.9%Reduced
Point72 Asset Management, L.P.780,305$25.6M0.04%+66,479+9.3%Added
Healthcare of Ontario Pension Plan Trust Fund750,000$24.6M0.04%−1,250,000−62.5%Reduced
Avenir Corp746,467$24.4M2.65%+24,910+3.5%Added
Capricorn Fund Managers Ltd738,263$24.2M5.83%+233,141+46.2%Added
Deutsche Bank AG689,601$22.6M0.01%−211,906−23.5%Reduced
Bank of New York Mellon Corp684,786$22.4M0.00%−3,909−0.6%Reduced
Wellington Management Group LLP671,733$22.0M0.00%+529,970+373.8%Added
Ameriprise Financial Inc669,924$21.9M0.00%−406,990−37.8%Reduced
Fort Washington Investment Advisors Inc640,810$21.0M0.11%+640,810New
Select Equity Group, L.P.634,610$20.8M0.10%+89,197+16.4%Added
Sio Capital Management, LLC613,725$20.1M3.33%+613,725New
Burkehill Global Management, LP600,000$19.6M1.29%00.0%Unchanged
Balyasny Asset Management LLC507,637$16.6M0.03%+290,766+134.1%Added
Credit Agricole S A498,065$16.3M0.04%−56,145−10.1%Reduced
Capital Research Global Investors495,000$16.2M0.00%+495,000New
Silvercrest Asset Management Group LLC478,178$15.7M0.11%+2,674+0.6%Added
New York State Common Retirement Fund473,827$15.5M0.02%−42,119−8.2%Reduced
Nuveen, LLC471,816$15.5M0.00%−114,363−19.5%Reduced
Franklin Resources Inc457,035$15.0M0.00%+428,165+1,483.1%Added
Kingdon Capital Management, L.L.C.414,549$13.6M2.08%+414,549New
Blue Door Asset Management, LLC402,300$13.2M8.26%+322,600+404.8%Added
Public Sector Pension Investment Board397,270$13.0M0.04%−51,146−11.4%Reduced
Peregrine Capital Management LLC386,706$12.7M0.39%+30,765+8.6%Added
BNP Paribas Arbitrage, SA375,380$12.3M0.01%+352,806+1,562.9%Added
Parkman Healthcare Partners LLC369,023$12.1M1.15%+62,996+20.6%Added
Ghisallo Capital Management LLC350,000$11.5M0.51%−150,000−30.0%Reduced
Mawer Investment Management Ltd.337,732$11.1M0.06%+337,732New
Main Street Financial Solutions, LLC336,900$11.0M0.83%+37,000+12.3%Added
Seven Grand Managers, LLC300,000$9.82M0.75%00.0%Unchanged
Rhumbline Advisers289,528$9.48M0.01%−5,114−1.7%Reduced
SEI Investments Co277,831$9.10M0.01%−7,377−2.6%Reduced
Penn Capital Management Co Inc272,798$8.96M0.71%−194,137−41.6%Reduced
Legal & General Group Plc270,414$8.86M0.00%−34,702−11.4%Reduced
Captrust Financial Advisors268,703$8.80M0.02%+118,424+78.8%Added
Two Sigma Investments, LP268,158$8.78M0.01%−818,032−75.3%Reduced
Osterweis Capital Management Inc253,275$8.29M0.35%+34,665+15.9%Added
Victory Capital Management Inc244,224$8.00M0.00%−154,288−38.7%Reduced
Bellevue Group AG241,734$7.92M0.15%+111,821+86.1%Added
Next Century Growth Investors LLC237,035$7.76M0.54%−39,784−14.4%Reduced
Susquehanna International Group, LLP233,002$7.63M0.01%−53,541−18.7%Reduced
Swiss National Bank225,900$7.40M0.00%+7,900+3.6%Added
Robeco Institutional Asset Management B.V.223,027$7.30M0.01%−8,210−3.6%Reduced
State of Wisconsin Investment Board217,631$7.13M0.02%+4,688+2.2%Added
Blair William & Co204,868$6.71M0.02%+62,995+44.4%Added
Renaissance Group LLC201,686$6.61M0.27%−19,161−8.7%Reduced
King Luther Capital Management Corp197,628$6.47M0.03%+79,303+67.0%Added
Summit Partners Public Asset Management, LLC196,723$6.44M0.18%−950,474−82.9%Reduced
Munro Partners182,115$5.96M0.17%+3,225+1.8%Added
SummitTX Capital, L.P.181,487$5.94M0.18%+181,487New
Citigroup Inc179,209$5.87M0.00%+94,714+112.1%Added
UBS Asset Management Americas Inc179,064$5.86M0.00%+2,151+1.2%Added
Barclays PLC177,248$5.80M0.00%+16,071+10.0%Added
Kornitzer Capital Management Inc172,380$5.65M0.12%00.0%Unchanged
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main154,934$5.07M0.00%−63,004−28.9%Reduced
Illinois Municipal Retirement Fund147,550$4.83M0.06%+87,775+146.8%Added
Ra Capital Management, L.P.144,400$4.73M0.05%+144,400New
Alliancebernstein L.P.139,206$4.56M0.00%−3,276,236−95.9%Reduced
Raymond James Financial Inc138,646$4.54M0.00%+1,103+0.8%Added
Wells Fargo & Company131,307$4.30M0.00%+53,130+68.0%Added
Alyeska Investment Group, L.P.130,719$4.28M0.01%−1,683,929−92.8%Reduced