PayPay
PAYP
47 hedge funds and large institutions have $421M invested in PayPay in 2026 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 20 closing their positions.
76% more call options, than puts
Call options by funds: $502K | Put options by funds: $285K
0% more funds holding
Funds holding: 47 → 47 (0)
0% less ownership
Funds ownership: 4.28% → 4.28% (-0%)
0% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 20
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
31% less capital invested
Capital invested by funds: $609M → $421M (-$188M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VH
ValueAct Holdings
San Francisco,
California
|
+$39.6M |
| 2 |
EQF
Evergreen Quality Fund
Grand Cayman,
Cayman Islands
|
+$18.7M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$18.6M |
| 4 |
JC
Joho Capital
New York
|
+$17.7M |
| 5 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$9.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$41.5M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$35.1M |
| 3 |
MAMHA
MY.Alpha Management HK Advisors
Hong Kong
|
-$32.5M |
| 4 |
WA
WFM Asia
Road Town, Tortola,
British Virgin Islands
|
-$25.6M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$10.3M |
PAYP Hedge Fund Activity: Q2 2026 in Review
47 of the 8,318 institutional investors tracked by Wall St. Rank reported a position in PayPay (PAYP) for Q2 2026, worth a combined $421M — down 31% from $609M a quarter earlier.
Fund positioning in PAYP was balanced in Q2 2026: 20 funds opened new positions, 20 closed out, 10 added to existing stakes and 13 trimmed.
The largest buyer was ValueAct Holdings, opening a new position worth an estimated $39.6M. The largest seller was Millennium Management, cutting an estimated $41.5M.
- 47 institutional investors held PayPay (PAYP) as of Q2 2026, unchanged from Q1 2026.
- Funds reported $421M of PayPay stock for Q2 2026, down 31% quarter-over-quarter.
- 20 funds opened new PayPay positions in Q2 2026 and 20 closed out, a net change of 0 holders.
- The largest PayPay buyer in Q2 2026 was ValueAct Holdings, an estimated $39.6M added.
- The largest PayPay seller in Q2 2026 was Millennium Management, an estimated $41.5M sold.
Based on aggregated 13F filings for Q2 2026.