PayPal
PYPL
1,568 hedge funds and large institutions have $79.7B invested in PayPal in 2018 Q4 according to their latest regulatory filings, with 247 funds opening new positions, 582 increasing their positions, 565 reducing their positions, and 112 closing their positions.
121% more first-time investments, than exits
New positions opened: 247 | Existing positions closed: 112
38% more funds holding in top 10
Funds holding in top 10: 108 → 149 (+41)
26% more call options, than puts
Call options by funds: $2.16B | Put options by funds: $1.71B
9% more funds holding
Funds holding: 1,444 → 1,568 (+124)
1.2% more ownership
Funds ownership: 80.05% → 81.25% (+1.2%)
3% more repeat investments, than reductions
Existing positions increased: 582 | Existing positions reduced: 565
4% less capital invested
Capital invested by funds: $83.3B → $79.7B (-$3.6B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$188M |
| 2 |
MCM
Melvin Capital Management
New York
|
+$184M |
| 3 |
Holocene Advisors
New York
|
+$158M |
| 4 |
DCP
DSM Capital Partners
Palm Beach Gardens,
Florida
|
+$155M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$150M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
-$419M |
| 2 |
Jennison Associates
New York
|
-$254M |
| 3 |
M&T Bank
Buffalo,
New York
|
-$186M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$186M |
| 5 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$173M |
PYPL Hedge Fund Activity: Q4 2018 in Review
1,568 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in PayPal (PYPL) for Q4 2018, worth a combined $79.7B — down 4.3% from $83.3B a quarter earlier.
Buyers outnumbered sellers: 247 funds opened new PYPL positions and 112 closed out — a net gain of 135 holders — while 582 added to existing stakes and 565 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $188M. The largest seller was Third Point, cutting an estimated $419M.
- 1,568 institutional investors held PayPal (PYPL) as of Q4 2018, up from 1,444 in Q3 2018.
- Funds reported $79.7B of PayPal stock for Q4 2018, down 4.3% quarter-over-quarter.
- 247 funds opened new PayPal positions in Q4 2018 and 112 closed out, a net change of +135 holders.
- The largest PayPal buyer in Q4 2018 was Goldman Sachs, an estimated $188M added.
- The largest PayPal seller in Q4 2018 was Third Point, an estimated $419M sold.
Based on aggregated 13F filings for Q4 2018.