PayPal
PYPL
981 hedge funds and large institutions have $40.2B invested in PayPal in 2016 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 366 increasing their positions, 395 reducing their positions, and 95 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 52 → 65 (+13)
25% more call options, than puts
Call options by funds: $375M | Put options by funds: $301M
14% more capital invested
Capital invested by funds: $35.2B → $40.2B (+$5.01B)
7% less repeat investments, than reductions
Existing positions increased: 366 | Existing positions reduced: 395
3% less funds holding
Funds holding: 1,007 → 981 (-26)
21% less first-time investments, than exits
New positions opened: 75 | Existing positions closed: 95
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$1.64B |
| 2 |
M&T Bank
Buffalo,
New York
|
+$270M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
+$238M |
| 4 |
State Street
Boston,
Massachusetts
|
+$206M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$143M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$405M |
| 2 |
D.E. Shaw & Co
New York
|
-$289M |
| 3 |
GE
General Electric
Evendale,
Ohio
|
-$169M |
| 4 |
Renaissance Technologies
New York
|
-$123M |
| 5 |
Neuberger Berman Group
New York
|
-$112M |
PYPL Hedge Fund Activity: Q3 2016 in Review
981 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in PayPal (PYPL) for Q3 2016, worth a combined $40.2B — up 14% from $35.2B a quarter earlier.
Sellers outnumbered buyers: 95 funds closed out of PYPL and 75 opened new positions — a net loss of 20 holders — while 395 trimmed existing stakes and 366 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $1.64B. The largest seller was Lone Pine Capital, exiting entirely with an estimated $405M sold.
- 981 institutional investors held PayPal (PYPL) as of Q3 2016, down from 1,007 in Q2 2016.
- Funds reported $40.2B of PayPal stock for Q3 2016, up 14% quarter-over-quarter.
- 75 funds opened new PayPal positions in Q3 2016 and 95 closed out, a net change of -20 holders.
- The largest PayPal buyer in Q3 2016 was T. Rowe Price Associates, an estimated $1.64B added.
- The largest PayPal seller in Q3 2016 was Lone Pine Capital, an estimated $405M sold.
Based on aggregated 13F filings for Q3 2016.