1,720 hedge funds and large institutions have $41.6B invested in PayPal in 2025 Q4 according to their latest regulatory filings, with 214 funds opening new positions, 515 increasing their positions, 829 reducing their positions, and 225 closing their positions.

New
Increased
Maintained
Reduced
Closed

more call options, than puts

Call options by funds: $ | Put options by funds: $

more ownership

Funds ownership:

less first-time investments, than exits

New positions opened: | Existing positions closed:

less funds holding

Funds holding:

12% less capital invested

Capital invested by funds: $47.1B → $41.6B (-$5.53B)

14% less funds holding in top 10

Funds holding in top 10: 2925 (-4)

38% less repeat investments, than reductions

Existing positions increased: 515 | Existing positions reduced: 829

Holders
1,720
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
25
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$4.01B
Puts
$3.46B
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GC
376
Grimes & Company
Massachusetts
$6.69M
Northwestern Mutual Wealth Management
377
Northwestern Mutual Wealth Management
Wisconsin
$6.68M
QAM
378
QSM Asset Management
United Kingdom
$6.68M
SC
379
Scotia Capital
Ontario, Canada
$6.64M
Janus Henderson Group
380
Janus Henderson Group
United Kingdom
$6.58M
LSERS
381
Louisiana State Employees Retirement System
Louisiana
$6.45M
MO
382
McMillan Office
Michigan
$6.36M
AA
383
Apriem Advisors
California
$6.34M
TI
384
Trexquant Investment
Connecticut
$6.31M
Neuberger Berman Group
385
Neuberger Berman Group
New York
$6.26M
OPERF
386
Oregon Public Employees Retirement Fund
Oregon
$6.25M
P
387
&Partners
Tennessee
$6.18M
WF
388
WoodTrust Financial
Wisconsin
$6.16M
SCM
389
Step Capital Management
$6.13M
CAM
390
Claret Asset Management
Quebec, Canada
$6.1M
LFAS
391
Level Four Advisory Services
Texas
$6.07M
YCM
392
Yousif Capital Management
Michigan
$6.07M
MMC
393
Mizuho Markets Cayman
Cayman Islands
$6.06M
IMPI
394
Ilmarinen Mutual Pension Insurance
Finland
$6.03M
TRCT
395
Tower Research Capital (TRC)
New York
$6.02M
GLF
396
Groupe la Francaise
France
$6.02M
Wellington Management Group
397
Wellington Management Group
Massachusetts
$6.01M
Pathstone Holdings
398
Pathstone Holdings
New Jersey
$5.96M
OIMU
399
Osmosis Investment Management UK
United Kingdom
$5.95M
TCM
400
Telos Capital Management
California
$5.89M