PAR Technology
PAR
204 hedge funds and large institutions have $1.74B invested in PAR Technology in 2025 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 91 increasing their positions, 55 reducing their positions, and 43 closing their positions.
114% more call options, than puts
Call options by funds: $40.3M | Put options by funds: $18.8M
65% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 55
3.68% more ownership
Funds ownership: 113.86% → 117.54% (+3.7%)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
5% less capital invested
Capital invested by funds: $1.83B → $1.74B (-$89.1M)
8% less funds holding
Funds holding: 221 → 204 (-17)
26% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VC
Voss Capital
Houston,
Texas
|
+$49.3M |
| 2 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
+$36.1M |
| 3 |
SG Americas Securities
New York
|
+$27.1M |
| 4 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
+$15.9M |
| 5 |
RP
Reinhart Partners
Mequon,
Wisconsin
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
-$25.5M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
-$18.2M |
| 3 |
Jane Street
New York
|
-$17.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$16.6M |
| 5 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
-$13.5M |
PAR Hedge Fund Activity: Q4 2025 in Review
204 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in PAR Technology (PAR) for Q4 2025, worth a combined $1.74B — down 4.9% from $1.83B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of PAR and 32 opened new positions — a net loss of 11 holders — while 55 trimmed existing stakes and 91 added.
The largest buyer was Voss Capital, adding an estimated $49.3M. The largest seller was BAMCO Inc, cutting an estimated $25.5M.
- 204 institutional investors held PAR Technology (PAR) as of Q4 2025, down from 221 in Q3 2025.
- Funds reported $1.74B of PAR Technology stock for Q4 2025, down 4.9% quarter-over-quarter.
- 32 funds opened new PAR Technology positions in Q4 2025 and 43 closed out, a net change of -11 holders.
- The largest PAR Technology buyer in Q4 2025 was Voss Capital, an estimated $49.3M added.
- The largest PAR Technology seller in Q4 2025 was BAMCO Inc, an estimated $25.5M sold.
Based on aggregated 13F filings for Q4 2025.