What smart money is saying about Waystar Holding
4 funds in our archive have pitched Waystar Holding, most recently Diamond Hill Select Fund in September 2026.
Waystar Holding Corp. is dedicated to developing a cloud-based software platform designed to streamline financial transactions within the healthcare industry. Their comprehensive system offers a suite of functionalities, including pre-approving finances, supporting patients with billing, overseeing claims and payments, actively preventing and recovering denied claims, enhancing revenue capture, and providing insightful analytics and reporting. The company's main clientele operates within the healthcare sector. Established in 2017, Waystar Holding Corp. is headquartered in Lehi, Utah.
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Fund signal · last 12 months
5 lettersToo few moves on Waystar Holding yet for a clear signal
Moves described in fund letters in our archive. A sentence published word for word by several funds of one house in the same quarter counts once.
Position history
Between Q3 2025 and Q3 2026, 6 fund letters reported a position in Waystar Holding, with 3 buys (opened or added) and 1 sell (trimmed or exited).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 4 | 2 | 0 | 1 |
| Q2 2026 | 1 | 0 | 1 | 0 |
| Q1 2026 | 0 | 0 | 0 | 1 |
| Q4 2025 | 0 | 0 | 0 | 1 |
| Q3 2025 | 1 | 1 | 0 | 1 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 6 positions · 4 moves
- New positionDiamond Hill Select FundSeptember 2026
“• We initiated a position in Waystar Holding, a leading health care technology company that helps providers manage billing, insurance claims and payments.”
Waystar Holding - September 2026
“• Health care software company Waystar performed well during the quarter, largely reflecting a broader recovery among application software companies following significant valuation declines earlier in the year.”
Waystar Holding - September 2026
“• Health care software company Waystar performed well during the quarter, largely reflecting a broader recovery among application software companies following significant valuation declines earlier in the year.”
Waystar Holding - AddedNext century growth investor Growth StrategiesSeptember 2026
“3Q Portfolio Activity Portfolio Positioning Sector Relative Weight Industry Exposure Basic Materials Overweight Aerospace, general industrial, rare/critical minerals Consumer Underweight Restaurants, consumer goods Financials Underweight Insurance (carriers and broker) Small Cap 3Q26 2 | P a g e Health Care Underweight Medical device, diagnostics, pharma, health care services, health care technology Industrials Overweight Aerospace & defense, transportation logistics, AI infrastructure, infrastructure construction, payment services Technology Overweight Semiconductors, semicap equipment, AI infrastructure, marketplace networks, software, IT services We added 15 new positions in Q3: o four in health care: HNGE, RGEN, URGN, WAY”
Waystar Holding - June 2026
“We ended our investment campaigns in Colliers International and Waystar and moved Flex to HarvestSM during the quarter.”
Waystar Holding - New positionArtisan US Small Cap Growth StrategySeptember 2025
“Portfolio Activity During the quarter, we initiated new GardenSM positions in Cognex, Waystar and Ollie's Bargain Outlet.”
Waystar Holding
Fund coverage · 4 theses
- Diamond Hill Select FundSeptember 2026
Waystar Holding is a health care technology company with strong retention and long-term growth from automation of revenue cycle processes.
Read the full thesis - Baron Discovery FundMarch 2026
Waystar provides AI-driven healthcare revenue cycle software that reduces client costs and appears attractively valued with low-teens cash flow growth.
Read the full thesis - Baron Discovery FundDecember 2025
Waystar Holding Corp. provides end-to-end AI-enhanced health care revenue cycle software with strong margins, deleveraging, and attractive valuation-driven upside.
Read the full thesis - Artisan Global Discovery StrategySeptember 2025
Waystar is a leading cloud-based revenue cycle management platform poised to gain from the fallout of its competitor's cyberattack and the integration of AI capabilities to enhance claims performance.
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