PayPal
PYPL
1,151 hedge funds and large institutions have $62.9B invested in PayPal in 2017 Q3 according to their latest regulatory filings, with 122 funds opening new positions, 385 increasing their positions, 488 reducing their positions, and 59 closing their positions.
107% more first-time investments, than exits
New positions opened: 122 | Existing positions closed: 59
17% more capital invested
Capital invested by funds: $53.8B → $62.9B (+$9.12B)
5% more funds holding
Funds holding: 1,095 → 1,151 (+56)
5% more funds holding in top 10
Funds holding in top 10: 86 → 90 (+4)
1.77% less ownership
Funds ownership: 83.55% → 81.78% (-1.8%)
21% less repeat investments, than reductions
Existing positions increased: 385 | Existing positions reduced: 488
24% less call options, than puts
Call options by funds: $834M | Put options by funds: $1.1B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$451M |
| 2 |
M&T Bank
Buffalo,
New York
|
+$449M |
| 3 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$402M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$261M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$242M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Magellan Asset Management
Sydney,
Australia
|
-$894M |
| 2 |
Fundsmith LLP
London,
United Kingdom
|
-$754M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$496M |
| 4 |
D.E. Shaw & Co
New York
|
-$290M |
| 5 |
Edgewood Management
Greenwich,
Connecticut
|
-$246M |
PYPL Hedge Fund Activity: Q3 2017 in Review
1,151 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in PayPal (PYPL) for Q3 2017, worth a combined $62.9B — up 17% from $53.8B a quarter earlier.
Buyers outnumbered sellers: 122 funds opened new PYPL positions and 59 closed out — a net gain of 63 holders — while 385 added to existing stakes and 488 trimmed.
The largest buyer was Jennison Associates, opening a new position worth an estimated $451M. The largest seller was Magellan Asset Management, cutting an estimated $894M.
- 1,151 institutional investors held PayPal (PYPL) as of Q3 2017, up from 1,095 in Q2 2017.
- Funds reported $62.9B of PayPal stock for Q3 2017, up 17% quarter-over-quarter.
- 122 funds opened new PayPal positions in Q3 2017 and 59 closed out, a net change of +63 holders.
- The largest PayPal buyer in Q3 2017 was Jennison Associates, an estimated $451M added.
- The largest PayPal seller in Q3 2017 was Magellan Asset Management, an estimated $894M sold.
Based on aggregated 13F filings for Q3 2017.