FLYW.NASDAQFlywire CORP

SCHEDULE 13G: Westfield Capital Management Discloses 5.32% Passive Stake in Flywire Corp

Sentiment:

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

DateDescription
12/31/2024Date of event which requires filing of this statement (beneficial ownership stake measurement date)
02/10/2025Date 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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