PayPal
PYPL
1,392 hedge funds and large institutions have $79.7B invested in PayPal in 2018 Q2 according to their latest regulatory filings, with 105 funds opening new positions, 541 increasing their positions, 560 reducing their positions, and 85 closing their positions.
24% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 85
11% more capital invested
Capital invested by funds: $71.7B → $79.7B (+$7.97B)
8% more funds holding in top 10
Funds holding in top 10: 101 → 109 (+8)
1.97% more ownership
Funds ownership: 78.78% → 80.75% (+2%)
1% more funds holding
Funds holding: 1,383 → 1,392 (+9)
2% less call options, than puts
Call options by funds: $1.37B | Put options by funds: $1.39B
3% less repeat investments, than reductions
Existing positions increased: 541 | Existing positions reduced: 560
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
+$797M |
| 2 |
Coatue Management
New York
|
+$184M |
| 3 |
FAM
Fred Alger Management
New York
|
+$184M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$158M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$108M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$352M |
| 2 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$346M |
| 3 |
O
OppenheimerFunds
New York
|
-$237M |
| 4 |
M&T Bank
Buffalo,
New York
|
-$197M |
| 5 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$177M |
PYPL Hedge Fund Activity: Q2 2018 in Review
1,392 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in PayPal (PYPL) for Q2 2018, worth a combined $79.7B — up 11% from $71.7B a quarter earlier.
Buyers outnumbered sellers: 105 funds opened new PYPL positions and 85 closed out — a net gain of 20 holders — while 541 added to existing stakes and 560 trimmed.
The largest buyer was Third Point, opening a new position worth an estimated $797M. The largest seller was Fidelity Investments, cutting an estimated $352M.
- 1,392 institutional investors held PayPal (PYPL) as of Q2 2018, up from 1,383 in Q1 2018.
- Funds reported $79.7B of PayPal stock for Q2 2018, up 11% quarter-over-quarter.
- 105 funds opened new PayPal positions in Q2 2018 and 85 closed out, a net change of +20 holders.
- The largest PayPal buyer in Q2 2018 was Third Point, an estimated $797M added.
- The largest PayPal seller in Q2 2018 was Fidelity Investments, an estimated $352M sold.
Based on aggregated 13F filings for Q2 2018.