Paysign
PAYS
79 hedge funds and large institutions have $38.9M invested in Paysign in 2025 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 29 increasing their positions, 24 reducing their positions, and 18 closing their positions.
222% more call options, than puts
Call options by funds: $264K | Put options by funds: $82K
21% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 24
1.83% less ownership
Funds ownership: 35.92% → 34.1% (-1.8%)
13% less funds holding
Funds holding: 91 → 79 (-12)
33% less capital invested
Capital invested by funds: $58.1M → $38.9M (-$19.2M)
67% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 18
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$401K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$264K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$201K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$126K |
| 5 |
GC
Globeflex Capital
San Diego,
California
|
+$107K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Topline Capital Management
Santa Monica,
California
|
-$734K |
| 2 |
Renaissance Technologies
New York
|
-$605K |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$489K |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$330K |
| 5 |
IQI
Integrated Quantitative Investments
Bellevue,
Washington
|
-$259K |
PAYS Hedge Fund Activity: Q1 2025 in Review
79 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Paysign (PAYS) for Q1 2025, worth a combined $38.9M — down 33% from $58.1M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of PAYS and 6 opened new positions — a net loss of 12 holders — while 24 trimmed existing stakes and 29 added.
The largest buyer was Citadel Advisors, adding an estimated $401K. The largest seller was Topline Capital Management, cutting an estimated $734K.
- 79 institutional investors held Paysign (PAYS) as of Q1 2025, down from 91 in Q4 2024.
- Funds reported $38.9M of Paysign stock for Q1 2025, down 33% quarter-over-quarter.
- 6 funds opened new Paysign positions in Q1 2025 and 18 closed out, a net change of -12 holders.
- The largest Paysign buyer in Q1 2025 was Citadel Advisors, an estimated $401K added.
- The largest Paysign seller in Q1 2025 was Topline Capital Management, an estimated $734K sold.
Based on aggregated 13F filings for Q1 2025.