PayPal
PYPL
1,879 hedge funds and large institutions have $51.5B invested in PayPal in 2023 Q2 according to their latest regulatory filings, with 156 funds opening new positions, 704 increasing their positions, 810 reducing their positions, and 225 closing their positions.
4% more funds holding in top 10
Funds holding in top 10: 50 → 52 (+2)
2% less call options, than puts
Call options by funds: $3.22B | Put options by funds: $3.29B
4% less funds holding
Funds holding: 1,963 → 1,879 (-84)
5.34% less ownership
Funds ownership: 73.84% → 68.51% (-5.3%)
13% less repeat investments, than reductions
Existing positions increased: 704 | Existing positions reduced: 810
17% less capital invested
Capital invested by funds: $62B → $51.5B (-$10.5B)
31% less first-time investments, than exits
New positions opened: 156 | Existing positions closed: 225
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Polen Capital Management
Boca Raton,
Florida
|
+$657M |
| 2 |
AM
Atreides Management
Boston,
Massachusetts
|
+$260M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$200M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$195M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$195M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OIAM
OFI Invest Asset Management
Paris,
France
|
-$2.24B |
| 2 |
Fisher Asset Management
Camas,
Washington
|
-$554M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$554M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$442M |
| 5 |
BI
BlueSpruce Investments
Chicago,
Illinois
|
-$392M |
PYPL Hedge Fund Activity: Q2 2023 in Review
1,879 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in PayPal (PYPL) for Q2 2023, worth a combined $51.5B — down 17% from $62B a quarter earlier.
Sellers outnumbered buyers: 225 funds closed out of PYPL and 156 opened new positions — a net loss of 69 holders — while 810 trimmed existing stakes and 704 added.
The largest buyer was Polen Capital Management, adding an estimated $657M. The largest seller was OFI Invest Asset Management, cutting an estimated $2.24B.
- 1,879 institutional investors held PayPal (PYPL) as of Q2 2023, down from 1,963 in Q1 2023.
- Funds reported $51.5B of PayPal stock for Q2 2023, down 17% quarter-over-quarter.
- 156 funds opened new PayPal positions in Q2 2023 and 225 closed out, a net change of -69 holders.
- The largest PayPal buyer in Q2 2023 was Polen Capital Management, an estimated $657M added.
- The largest PayPal seller in Q2 2023 was OFI Invest Asset Management, an estimated $2.24B sold.
Based on aggregated 13F filings for Q2 2023.