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1,336 hedge funds and large institutions have $71.4B invested in PayPal in 2017 Q4 according to their latest regulatory filings, with 247 funds opening new positions, 428 increasing their positions, 519 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

349% more first-time investments, than exits

New positions opened: 247 | Existing positions closed: 55

20% more funds holding in top 10

Funds holding in top 10: 90108 (+18)

16% more funds holding

Funds holding: 1,1511,336 (+185)

14% more capital invested

Capital invested by funds: $62.9B → $71.4B (+$8.5B)

1% less ownership

Funds ownership: 81.78%80.78% (-1%)

18% less repeat investments, than reductions

Existing positions increased: 428 | Existing positions reduced: 519

21% less call options, than puts

Call options by funds: $1.08B | Put options by funds: $1.37B

Holders
1,336
Holders Change
+185
Holders Change %
+16.07%
% of All Funds
30.3%
Holding in Top 10
108
Holding in Top 10 Change
+18
Holding in Top 10 Change %
+20%
% of All Funds
2.45%
New
247
Increased
428
Reduced
519
Closed
55
Calls
$1.08B
Puts
$1.37B
Net Calls
-$286M
Net Calls Change
-$16.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$6.1B -$270M -3,739,650 -4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$5.95B +$104M +1,437,546 +2%
BlackRock
3
BlackRock
New York
$5.11B +$313M +4,324,405 +7%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$3.73B -$1.66B -22,924,565 -31%
State Street
5
State Street
Massachusetts
$3.22B +$24.9M +344,131 +0.8%
Jennison Associates
6
Jennison Associates
New York
$1.2B +$638M +8,827,558 +117%
JSP
7
Jackson Square Partners
California
$1.18B -$213M -2,950,500 -16%
Invesco
8
Invesco
Georgia
$1.18B -$36M -497,314 -3%
Edgewood Management
9
Edgewood Management
Connecticut
$1.13B -$3.58M -49,515 -0.3%
Fundsmith LLP
10
Fundsmith LLP
United Kingdom
$1.06B +$1.05B +14,461,577 New
Wellington Management Group
11
Wellington Management Group
Massachusetts
$1.01B -$101M -1,397,277 -9%
JP Morgan Chase
12
JP Morgan Chase
New York
$998M +$275M +3,798,286 +39%
Northern Trust
13
Northern Trust
Illinois
$952M -$17.5M -241,691 -2%
TCIM
14
TIAA CREF Investment Management
New York
$898M +$46.8M +647,237 +6%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$894M +$45.5M +629,582 +5%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$802M -$5.47M -75,646 -0.7%
Norges Bank
17
Norges Bank
Norway
$746M +$28.2M +390,392 +4%
LPC
18
Lone Pine Capital
Connecticut
$699M +$201M +2,774,998 +41%
O
19
OppenheimerFunds
New York
$666M -$65M -898,430 -9%
Bank of America
20
Bank of America
North Carolina
$658M -$71.6M -990,449 -10%
Wells Fargo
21
Wells Fargo
California
$629M +$1.92M +26,518 +0.3%
Brown Advisory
22
Brown Advisory
Maryland
$618M -$94.8M -1,311,668 -14%
Ameriprise
23
Ameriprise
Minnesota
$614M +$463M +6,407,161 +332%
American Century Companies
24
American Century Companies
Missouri
$604M +$11.1M +154,154 +2%
IC
25
Icahn Carl
Florida
$589M -$145M -2,000,000 -20%

PYPL Hedge Fund Activity: Q4 2017 in Review

1,336 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in PayPal (PYPL) for Q4 2017, worth a combined $71.4B — up 14% from $62.9B a quarter earlier.

Buyers outnumbered sellers: 247 funds opened new PYPL positions and 55 closed out — a net gain of 192 holders — while 428 added to existing stakes and 519 trimmed.

The largest buyer was Fundsmith LLP, opening a new position worth an estimated $1.05B. The largest seller was T. Rowe Price Associates, cutting an estimated $1.66B.

  • 1,336 institutional investors held PayPal (PYPL) as of Q4 2017, up from 1,151 in Q3 2017.
  • Funds reported $71.4B of PayPal stock for Q4 2017, up 14% quarter-over-quarter.
  • 247 funds opened new PayPal positions in Q4 2017 and 55 closed out, a net change of +192 holders.
  • The largest PayPal buyer in Q4 2017 was Fundsmith LLP, an estimated $1.05B added.
  • The largest PayPal seller in Q4 2017 was T. Rowe Price Associates, an estimated $1.66B sold.

Based on aggregated 13F filings for Q4 2017.