This Fintech Stock Fell 17% Last Year. One Fund Just Fully Exited a $4 Million Stake
2026-05-18 14:10:01 ET
13D Management sold out its entire position in Bill.com (NYSE:BILL) during the first quarter, according to a May 15, 2026, SEC filing. The estimated transaction value was $4.03 million, based on quarterly average pricing.
According to an SEC filing dated May 15, 2026, 13D Management liquidated its entire 90,000-share stake in Bill.com during the first quarter. The transaction’s estimated value was $4.03 million, calculated using the average unadjusted closing price for the quarter. The position’s quarter-end value decreased by $4.91 million, a figure that includes both trade and market price effects.
Bill.com provides cloud-based financial automation software, facilitating digital payment processes for businesses. The company leverages a SaaS model to deliver scalable solutions that streamline accounts payable and receivable operations. Its platform enables clients to improve cash flow management and operational efficiency.
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