PayPal
PYPL
1,017 hedge funds and large institutions have $36.7B invested in PayPal in 2016 Q1 according to their latest regulatory filings, with 115 funds opening new positions, 384 increasing their positions, 401 reducing their positions, and 91 closing their positions.
26% more first-time investments, than exits
New positions opened: 115 | Existing positions closed: 91
22% more funds holding in top 10
Funds holding in top 10: 51 → 62 (+11)
1% more funds holding
Funds holding: 1,002 → 1,017 (+15)
0% more capital invested
Capital invested by funds: $36.6B → $36.7B (+$161M)
4% less repeat investments, than reductions
Existing positions increased: 384 | Existing positions reduced: 401
5% less call options, than puts
Call options by funds: $441M | Put options by funds: $462M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Edgewood Management
Greenwich,
Connecticut
|
+$529M |
| 2 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$377M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$215M |
| 4 |
JP Morgan Chase
New York
|
+$201M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$195M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$345M |
| 2 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
-$305M |
| 3 |
Neuberger Berman Group
New York
|
-$195M |
| 4 |
BG
Baupost Group
Boston,
Massachusetts
|
-$146M |
| 5 |
Bank of New York Mellon
New York
|
-$134M |
PYPL Hedge Fund Activity: Q1 2016 in Review
1,017 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in PayPal (PYPL) for Q1 2016, worth a combined $36.7B — up 0.44% from $36.6B a quarter earlier.
Buyers outnumbered sellers: 115 funds opened new PYPL positions and 91 closed out — a net gain of 24 holders — while 384 added to existing stakes and 401 trimmed.
The largest buyer was Edgewood Management, opening a new position worth an estimated $529M. The largest seller was Baillie Gifford & Co, cutting an estimated $345M.
- 1,017 institutional investors held PayPal (PYPL) as of Q1 2016, up from 1,002 in Q4 2015.
- Funds reported $36.7B of PayPal stock for Q1 2016, up 0.44% quarter-over-quarter.
- 115 funds opened new PayPal positions in Q1 2016 and 91 closed out, a net change of +24 holders.
- The largest PayPal buyer in Q1 2016 was Edgewood Management, an estimated $529M added.
- The largest PayPal seller in Q1 2016 was Baillie Gifford & Co, an estimated $345M sold.
Based on aggregated 13F filings for Q1 2016.