SCHEDULE 13G: Westfield Capital Management Discloses 5.32% Passive Stake in Flywire Corp
Beneficial Ownership Report
Westfield Capital Management Company, L.P. has reported a 5.32% beneficial ownership stake in Flywire Corp's common stock as of December 31, 2024, indicating a passive investment.
Summary
- Westfield Capital Management Company, L.P. filed a Schedule 13G regarding its beneficial ownership in Flywire Corp.
- As of December 31, 2024, Westfield Capital Management beneficially owned 6,516,044 shares of Flywire Corp's common stock.
- This ownership represents 5.32% of the total class of Flywire Corp's common stock.
- Westfield Capital Management holds sole voting power over 4,633,716 shares and sole dispositive power over 6,516,044 shares.
- The shares are held by clients of Westfield Capital Management in its capacity as an investment adviser.
- No single client of Westfield Capital Management is known to have the right to receive or direct the receipt of dividends or proceeds from the sale of more than 5% of this class of security.
- The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Flywire Corp.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing (Schedule 13G) reporting a passive ownership stake, which typically carries a neutral sentiment as it does not convey operational performance or strategic changes.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of a passive investment stake by an institutional investor, and does not provide specific insights into broader industry trends or competitive dynamics beyond confirming an institutional holding in Flywire Corp.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement (beneficial ownership stake measurement date) |
| 02/10/2025 | Date of filing and signature by Westfield Capital Management Company, L.P. |
Keywords
Flywire Corp, Westfield Capital Management, Schedule 13G, beneficial ownership, common stock, investment adviser, passive investment
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