Paymentus
92 hedge funds and large institutions have $332M invested in Paymentus in 2024 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 37 increasing their positions, 19 reducing their positions, and 9 closing their positions.
200% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 9
124% more call options, than puts
Call options by funds: $2.8M | Put options by funds: $1.25M
95% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 19
23% more funds holding
Funds holding: 75 → 92 (+17)
15% more capital invested
Capital invested by funds: $288M → $332M (+$43.8M)
9.52% less ownership
Funds ownership: 79.12% → 69.61% (-9.5%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$6.21M |
| 2 |
Goldman Sachs
New York
|
+$4.04M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
+$2.74M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$1.88M |
| 5 |
AG
Algert Global
San Francisco,
California
|
+$1.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$8.01M |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$3.5M |
| 3 |
ClearBridge Investments
New York
|
-$2.65M |
| 4 |
CI
Ceera Investments
Bellaire,
Texas
|
-$1.24M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$1.24M |
PAY Hedge Fund Activity: Q1 2024 in Review
92 of the 6,960 institutional investors tracked by Wall St. Rank reported a position in Paymentus (PAY) for Q1 2024, worth a combined $332M — up 15% from $288M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new PAY positions and 9 closed out — a net gain of 18 holders — while 37 added to existing stakes and 19 trimmed.
The largest buyer was Next Century Growth Investors, adding an estimated $6.21M. The largest seller was Frontier Capital Management, cutting an estimated $8.01M.
- 92 institutional investors held Paymentus (PAY) as of Q1 2024, up from 75 in Q4 2023.
- Funds reported $332M of Paymentus stock for Q1 2024, up 15% quarter-over-quarter.
- 27 funds opened new Paymentus positions in Q1 2024 and 9 closed out, a net change of +18 holders.
- The largest Paymentus buyer in Q1 2024 was Next Century Growth Investors, an estimated $6.21M added.
- The largest Paymentus seller in Q1 2024 was Frontier Capital Management, an estimated $8.01M sold.
Based on aggregated 13F filings for Q1 2024.